Jinill Kim
Biographic Data
| ID | 5735357 |
|---|---|
| NAME | Jinill Kim |
| GIVEN NAMES | Jinill |
| FAMILY NAME | Kim |
| SIGNATURE | KIM J |
| AFFILIATIONS | Korea University |
| ORCID | 0000-0002-8265-7107 |
| VERIFIED | Yes |
| TOTAL WORKS | 1 |
| TOTAL CITATIONS | 2 |
| WORKS AS AUTHOR | 1 |
| WORKS AS EDITOR | 0 |
| FIRST PUBLICATION YEAR | 2019 |
| LATEST PUBLICATION YEAR | 2019 |
| H-INDEX | 1 |
Designing a Simple Loss Function for Central Banks
Yes, a dual mandate makes a lot of sense. This article studies how to design simple loss functions for central banks, as parsimonious approximations to social welfare. We show, both analytically and quantitatively, that simple loss functions should feature a high weight on measures of economic activity, sometimes even larger than the weight on inflation. Two main factors drive our result. First, stabilising economic activity also stabilises other…
Designing a Simple Loss Function for Central Banks
Yes, a dual mandate makes a lot of sense. This article studies how to design simple loss functions for central banks, as parsimonious approximations to social welfare. We show, both analytically and quantitatively, that simple loss functions should feature a high weight on measures of economic activity, sometimes even larger than the weight on inflation. Two main factors drive our result. First, stabilising economic activity also stabilises other…
Designing a Simple Loss Function for Central Banks
Yes, a dual mandate makes a lot of sense. This article studies how to design simple loss functions for central banks, as parsimonious approximations to social welfare. We show, both analytically and quantitatively, that simple loss functions should feature a high weight on measures of economic activity, sometimes even larger than the weight on inflation. Two main factors drive our result. First, stabilising economic activity also stabilises other…
Banking stability, regulation, efficiency (1 work) · Deadweight loss (1 work) · Econometrics (1 work) · Economic Theory and Policy (1 work) · Economics (1 work) · Elasticity of substitution (1 work) · Inflation (cosmology (1 work) · Interest rate (1 work) · Mandate (1 work) · Microeconomics (1 work)