LIM Jamus

Jamus Lim is an associate professor of economics at ESSEC Business School, one of the top business schools in Europe, and a member of the 14th Parliament of Singapore, representing Sengkang. Previously, he was the chief economist of the ThirdRock Group, an investment management and wealth advisory, a lead economist at the Abu Dhabi Investment Authority--where he oversaw economic inputs underlying tactical and strategic asset allocation for the sovereign fund's multi-hundred-billion dollar portfolio--and before that, a senior economist with the World Bank, where he led a number of initiatives on macroeconomic forecasts, along with analysis of trade, finance, and governance issues in East Asia, the Middle East, and Africa. His research expertise and interests lie at the intersection of international macro-finance, political economy, and development economics, and his work has appeared in leading academic journals such as the Journal of Monetary Economics and Journal of Money, Credit, and Banking, along with policy flagships such as the World Bank's Global Economic Prospects and the joint IMF-World Bank Global Monitoring Report. A seasoned communicator, his ideas have been featured in print media such as the Financial Times and Straits Times, and he also regularly shares his views on radio and television outlets such as CNA. An old Rafflesian, he graduated with first-class honors in economics from the University of Southern Queensland, and went on to graduate work at the London School of Economics, the University of California, and Harvard University. In his wild, impetuous youth, Jamus was variously a drummer, rugby player, and Solitaire junkie; today, his more mundane pursuits have led him to the trails, gym, kitchen, and cellar (typically in reverse order).

• 2006 : PhD in International Economics (University of California, United States of America)
• 2000 : Master in Economics (London School of Economics and Political Science (LSE), United Kingdom)
• 1998 : BBus (Hons) Economics (major) and Computing (minor) (University of Southern Queensland, Australia)

Full-time academic appointments

• 2018 - Present : Associate Professor (ESSEC Business School, Singapore)

Other Academic Appointments

• 2014 - 2015 : Postdoc Political Economics (Harvard University, United States of America)
• 2007 - 2012 : Senior Economist (World Bank, United States of America)
• 2006 - 2007 : Assistant Professor Economics (Centre College, United States of America)

Professional appointments

• 2014 - 2017 : Lead Economist (Abu Dhabi Investment Authority, United Arab Emirates)

• 2018 : Dean's List for Academic Achievement (Harvard University, United States of America)
• 2016 : Commendation Prize (Lee Kuan Yew School of Public Policy, Singapore)
• 2007 - 2008 : Omnicron Delta Epison Economics Honor Society Faculty Member (Centre College, United States of America)
• 1998 : Dean's Commendation for Creditable Performance (University of Southern Queensland, Australia)
• 1998 : First Class Honors (University of Southern Queensland, Australia)
• 1997 : Best Business Graduate in Economics Prize (Economic Society of Australia, Australia)
• 1997 : Vernon White Memorial Shield for Best Economics Student (University of Southern Queensland, Australia)

• 2019 - 2021 : ESSEC Research Center Grant
• 2014 - 2016 : Knowledge for Change Program II (World Bank, United States of America)
• 2012 - 2013 : Research Support Budget (World Bank, United States of America)
• 2007 : Faculty Research Grant (Centre College, United States of America)
• 2005 : Doctoral Sabbatical Fellowship (University of California, Santa Cruz, United States of America)
• 2005 - 2006 : Institute for Humane Studies Fellowship (George Mason University, United States of America)
• 2004 - 2006 : Institute for Global Conflict and Cooperation Fellowship (University of California, San Diego, United States of America)
• 1999 - 2000 : Masters Entrance Grant (London School of Economics and Political Science (LSE), United Kingdom)
• 1999 - 2000 : Tun Dato Tan Cheng Lock Scholarship (Institute of Southeast Asian Studies, Singapore)
• 1998 : Faculty of Business Honors Scholarship (University of Southern Queensland, Australia)

• LIM, J. (2021). The Limits of Central Bank Independence for Inflation Performance. Public Choice, 186(3-4), pp. 309-335.
• LIM, J. (2020). The Political Economy of Fiscal Procyclicality. European Journal of Political Economy, 65, pp. 101930.
• LIM, J. (2019). Growth in the Shadow of Debt. Journal of Banking and Finance, 103, pp. 98-112.
• HUIDROMA, R., AYHAN KOSE, M., LIM, J., OHNSORGE, F.L. and FRANZISKA, L.O. (2019). Why do fiscal multipliers depend on fiscal Positions? Journal of Monetary Economics, 114, pp. 109-125.
• ADAMS-KANE, J., CABALLERO, J. and LIM, J. (2017). Foreign Bank Behavior During Financial Crises. Journal of Money, Credit and Banking, 49(43892), pp. 351-392.
• LIM, J. and TAN, T. (2016). Endogenous Transactions Costs and Institutions in the 2007/08 Financial Crisis. Journal of Regulatory Economics, 49(1), pp. 56-85.
• ADAMS-KANE, J. and LIM, J. (2016). Institutional Quality Mediates the Effect of Human Capital on Economic Performance. Review of Development Economics, 20(2), pp. 426-442.
• LIM, J. and MOHAPATRA, S. (2016). Quantitative easing and the post-crisis surge in financial flows to developing countries. Journal of International Money and Finance, 68(1), pp. 331-357.
• ADAMS-KANE, J., JIA, Y. and LIM, J. (2015). Global Transmission Channels for International Bank Lending in the 2007/09 Financial Crisis. Journal of International Money and Finance, 56(1), pp. 97-113.
• LIM, J. (2014). Institutional and Structural Determinants of Investment Worldwide. Journal of Macroeconomics, 41(4), pp. 160-177.
• HADDAD, M., LIM, J., PANCARO, C. and SABOROWSKI, C. (2013). Trade Openness Reduces Growth Volatility When Countries are Well Diversified. Canadian Journal of Economics, 46(2), pp. 765-790.
• DAILAMI, M., KURLAT, S. and LIM, J. (2012). Bilateral M&A Activity from the Global South. North American Journal of Economics and Finance, 23(3), pp. 345-364.
• LIM, J. and SABOROWSKI, C. (2012). Export Diversification in a Transitioning Economy: The Case of Syria. Economics of Transition, 20(2), pp. 339-367.
• LIM, J. and SABOROWSKI, C. (2010). Estimates of Trade-Related Adjustment Costs in Syria. Journal of Policy Modeling, 32(5), pp. 842-864.
• COLLINS, A. and LIM, J. (2010). Recognition, Redistribution, and Liberty. Journal of Economic Behavior and Organization, 74(3), pp. 240-252.
• BEARDSLEY, K. and LIM, J. (2009). Atoms for Peace, Redux: Energy Codependency for Sustained Cooperation on the Korean Peninsula. Peace Economics, Peace Science and Public Policy, 15(1), pp. 4.
• LIM, J. and DECKER, J. (2009). Democracy & Trade: An Empirical Study. Economics of Governance, 10(2), pp. 165-186.
• LIM, J. (2009). Reinstating the Rational Voter. Economists' Voice, 6(3), pp. 1-2.
• THORSTEN, J. and LIM, J. (2009). Sticks and Carrots: Two Incentive Mechanisms Supporting Intra-Group Cooperation. Economics Letters, 102(3), pp. 177-180.
• LIM, J. and DECKER, J. (2008). What Fundamentally Drives Growth? Revisiting the Institutions and Economic Performance Debate. Journal of International Development, 20(5), pp. 698-725.
• LIM, J. (2008). Zombies May Mean Attention Bonds Will Not Cure Spam. Economists' Voice, 5(2), pp. 5.
• LIM, J. and YANG, T. (2004). Competitive Devaluations: Bitter Pill or Bad Medicine? The Case of Thailand. Journal of Southeast Asian Economies, 21(2), pp. 213-233.
• LIM, J. and YANG, T. (2004). Crisis, Contagion, and East Asian Stock Markets. Review of Pacific Basin Financial Markets and Policies, 7(1), pp. 119-151.
• LIM, J. (2004). The International Economics Network. Journal of Economic Education, 35(4), pp. 416.
• LIM, J. (2002). East Asia in the Information Economy: Opportunities and Challenges. Info, 4(5), pp. 56-63.

• LIM, J. (2022). The Economics and Finance of the Middle East and North Africa. In: Flavia Cortelezzi, Alessandro Ferrari eds. Contemporary Issues in Islamic Law, Economics and Finance. 1st ed. London: Routledge.

• LIM, J., GOPALAKRISHNAM, B. and MOHAPATRA, S. (2021). Pandemic Panic? Effects of Health System Capacity on Firm Confidence During COVID-19. In: 11th RCEA Money, Macro & Finance Annual Conference 2021. Online.
• LIM, J. and MINNE, G. (2021). Learning the Hard Way: Bank Lending and Experience with Financial Crises. In: 2021 World Finance and Banking Symposium. Budapest.
• LIM, J., ISSAR, A. and MOHAPATRA, S. (2019). Firm Efficiency in an Institutionally-Diverse World. In: 4th Productivity Research Network (PRN) Conference 2019.
• LIM, J. (2019). Inflation Forecasts in the Long Run. In: 2019 International Symposium on Forecasting.
• LIM, J. and MINNE, G. (2019). Learning from Financial Crises. In: 2019 International Finance and Banking Society Annual Conference.
• LIM, J. (2019). The Limits of Central Bank Independence for Inflation Performance. In: 2019 Silvaplana Political Economy Workshop.
• LIM, J. (2019). The Political Economy of Fiscal Procyclicality. In: 2019 Political Economy of Public Policy Conference. Ariel.

• CHAU, M. and LIM, J. (2000). The Dynamic Response of Stock Prices under Asymmetric Information and Inventory Costs: Theory and Evidence. ESSEC Business School.

• 2019 - Present : Contemporary Issues in Asia (Executive MBA - Asian track ESSEC Business School Singapore)
• 2018 - Present : Asian Economies (Grande Ecole - Master in Management ESSEC Business School Singapore)
• 2018 - Present : International Economics (Global BBA ESSEC Business School Singapore)
• 2007 Development Economics ( Centre College United States of America)
• 2007 Globalization and Its Discontents ( Centre College United States of America)
• 2007 International Finance ( Centre College United States of America)
• 2006 International Trade ( Centre College United States of America)
• 2006 Introduction to Economics ( Centre College United States of America)
• 2005 International Trade ( University of California, Santa Cruz United States of America)
• 2004 Environmental Economics ( University of California, Santa Cruz United States of America)
• 2004 Introductory Macroeconomics ( University of California, Santa Cruz United States of America)