Details about Eric Sims

Access statistics for papers by Eric Sims.

Last updated 2022-03-23. Update your information in the RePEc Author Service.

Short-id: psi336

Working Papers

2022

1. Unconventional Monetary Policy According to HANK
   NBER Working Papers, National Bureau of Economic Research, Inc

2021

2. Identifying Monetary Policy Shocks Using the Central Bank's Information Set
   NBER Working Papers, National Bureau of Economic Research, Inc
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2021)
3. Tracking Weekly State-Level Economic Conditions
   Working Papers, University of Pretoria, Department of Economics View citations (1)
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2021)
   NBER Working Papers, National Bureau of Economic Research, Inc (2021) View citations (1)
   CESifo Working Paper Series, CESifo (2021) View citations (1)
   CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2021) View citations (1)
   Working Papers, Banco de España (2021) View citations (1)

2020

4. Bury the Gold Standard? A Quantitative Exploration
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
5. Wall Street vs. Main Street QE
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)

2019

6. Evaluating Central Banks' Tool Kit: Past, Present, and Future
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (12)
   See also Journal Article in Journal of Monetary Economics (2021)
7. The Four Equation New Keynesian Model
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (19)

2017

8. Revisions in Utilization-Adjusted TFP and Robust Identification of News Shocks
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (24)
   Also in 2017 Meeting Papers, Society for Economic Dynamics (2017) View citations (24)
   School of Economics Working Paper Series, LeBow College of Business, Drexel University (2017) View citations (24)
   See also Journal Article in The Review of Economics and Statistics (2021)

2016

9. Are Supply Shocks Contractionary at the ZLB? Evidence from Utilization-Adjusted TFP Data
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (5)
   See also Journal Article in The Review of Economics and Statistics (2019)
10. Business Cycles, Investment Shocks, and the "Barro-King Curse"
    Economics Series Working Papers, University of Oxford, Department of Economics View citations (4)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2016) View citations (4)
11. Differences in Quarterly Utilization-Adjusted TFP by Vintage, with an Application to News Shocks
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (18)
12. Raise Rates to Raise Inflation? Neo-Fisherianism in the New Keynesian Model
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (8)
    See also Journal Article in Journal of Money, Credit and Banking (2018)

2015

13. Inflation, Output, and Markup Dynamics with Forward-Looking Wage and Price Setters
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (10)
14. On the Desirability of Nominal GDP Targeting
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (6)
    See also Journal Article in Journal of Economic Dynamics and Control (2016)
15. On the Welfare and Cyclical Implications of Moderate Trend Inflation
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (24)
    Also in Economics Series Working Papers, University of Oxford, Department of Economics (2015) View citations (17)
    See also Journal Article in Journal of Monetary Economics (2018)

2013

16. The Output and Welfare Effects of Government Spending Shocks over the Business Cycle
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (17)
    See also Journal Article in International Economic Review (2018)

2012

17. Inflation Expectations and Readiness to Spend, Cross-Sectional Evidence
    Working Papers, University of Notre Dame, Department of Economics View citations (11)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2012) View citations (15)
    See also Journal Article in American Economic Journal: Economic Policy (2015)
18. News, Non-Invertibility, and Structural VARs
    Working Papers, University of Notre Dame, Department of Economics View citations (66)
19. Uncertainty and Economic Activity: Evidence from Business Survey Data
    Working Papers, University of Notre Dame, Department of Economics View citations (12)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2010) View citations (60)
    2010 Meeting Papers, Society for Economic Dynamics (2010) View citations (43)
    See also Journal Article in American Economic Journal: Macroeconomics (2013)

2011

20. Confidence and the Transmission of Government Spending Shocks
    2011 Meeting Papers, Society for Economic Dynamics View citations (17)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2011) View citations (27)
    See also Journal Article in Journal of Monetary Economics (2012)
21. Reallocation and the Changing Nature of Economic Fluctuations
    2011 Meeting Papers, Society for Economic Dynamics View citations (38)

2009

22. Information, Animal Spirits, and the Meaning of Innovations in Consumer Confidence
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (10)
    See also Journal Article in American Economic Review (2012)
23. News Shocks
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (26)

Journal Articles

2021

1. Evaluating Central Banks’ tool kit: Past, present, and future
   Journal of Monetary Economics, 2021, 118, (C), 135-160 View citations (6)
   See also Working Paper (2019)
2. Revisions in Utilization-Adjusted TFP and Robust Identification of News Shocks
   The Review of Economics and Statistics, 2021, 103, (2), 216-235 View citations (8)
   See also Working Paper (2017)

2020

3. Are QE and Conventional Monetary Policy Substitutable?
   International Journal of Central Banking, 2020, 16, (1), 195-230 View citations (15)
4. Credit Market Frictions, Business Cycles, and Monetary Policy: The Research Contributions of Charles Carlstrom and Timothy Fuerst
   Economic Commentary, 2020, 2020, (07), 5

2019

5. Are Supply Shocks Contractionary at the ZLB? Evidence from Utilization-Adjusted TFP Data
   The Review of Economics and Statistics, 2019, 101, (1), 160-175 View citations (16)
   See also Working Paper (2016)
6. Without looking closer, it may seem cheap: Low interest rates and government borrowing
   Economics Letters, 2019, 180, (C), 28-32 View citations (5)

2018

7. Inflation, output and markup dynamics with purely forward-looking wage and price setters
   European Economic Review, 2018, 105, (C), 115-134 View citations (12)
8. On the welfare and cyclical implications of moderate trend inflation
   Journal of Monetary Economics, 2018, 99, (C), 56-71 View citations (19)
   See also Working Paper (2015)
9. Raise Rates to Raise Inflation? Neo‐Fisherianism in the New Keynesian Model
   Journal of Money, Credit and Banking, 2018, 50, (1), 243-259 View citations (12)
   See also Working Paper (2016)
10. THE OUTPUT AND WELFARE EFFECTS OF GOVERNMENT SPENDING SHOCKS OVER THE BUSINESS CYCLE
    International Economic Review, 2018, 59, (3), 1403-1435 View citations (36)
    See also Working Paper (2013)
11. The Relative Importance of Aggregate and Sectoral Shocks and the Changing Nature of Economic Fluctuations
    American Economic Journal: Macroeconomics, 2018, 10, (1), 119-48 View citations (31)
12. The state-dependent effects of tax shocks
    European Economic Review, 2018, 107, (C), 57-85 View citations (27)

2017

13. State-dependent fiscal multipliers: Calvo vs. Rotemberg
    Economics Letters, 2017, 159, (C), 190-194 View citations (4)

2016

14. On the desirability of nominal GDP targeting
    Journal of Economic Dynamics and Control, 2016, 69, (C), 21-44 View citations (36)
    See also Working Paper (2015)
15. What׳s news in News? A cautionary note on using a variance decomposition to assess the quantitative importance of news shocks
    Journal of Economic Dynamics and Control, 2016, 73, (C), 41-60 View citations (10)

2015

16. Inflation Expectations and Readiness to Spend: Cross-Sectional Evidence
    American Economic Journal: Economic Policy, 2015, 7, (1), 1-35 View citations (199)
    See also Working Paper (2012)

2014

17. Volatility and welfare
    Journal of Economic Dynamics and Control, 2014, 38, (C), 17-36 View citations (42)

2013

18. Uncertainty and Economic Activity: Evidence from Business Survey Data
    American Economic Journal: Macroeconomics, 2013, 5, (2), 217-49 View citations (650)
    See also Working Paper (2012)

2012

19. Confidence and the transmission of government spending shocks
    Journal of Monetary Economics, 2012, 59, (3), 235-249 View citations (307)
    See also Working Paper (2011)
20. Information, Animal Spirits, and the Meaning of Innovations in Consumer Confidence
    American Economic Review, 2012, 102, (4), 1343-77 View citations (361)
    See also Working Paper (2009)
21. Taylor rules and technology shocks
    Economics Letters, 2012, 116, (1), 92-95 View citations (3)

2011

22. News shocks and business cycles
    Journal of Monetary Economics, 2011, 58, (3), 273-289 View citations (364)