{"id":"https://openalex.org/W1503554583","doi":null,"title":"Interest Rate Policy and Supply-side Adjustment Dynamics","display_name":"Interest Rate Policy and Supply-side Adjustment Dynamics","publication_year":2010,"publication_date":"2010-01-01","ids":{"openalex":"https://openalex.org/W1503554583","mag":"1503554583"},"language":"en","primary_location":{"id":"pmh:oai:RePEc:iaw:iawdip:68","doi":null,"is_oa":false,"landing_page_url":"http://www.iaw.edu/RePEc/iaw/pdf/iaw_dp_68.pdf","pdf_url":"http://www.iaw.edu/RePEc/iaw/pdf/iaw_dp_68.pdf","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"preprint"},"volume":null,"type":"preprint","is_traditional":true,"indexed_in":[],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"http://hdl.handle.net/10419/56774","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5064682989","display_name":"Daniel Kienzler","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Daniel Kienzler","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]},{"author_position":"last","author":{"id":"https://openalex.org/A5070156232","display_name":"Kai Daniel Schmid","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Kai Daniel Schmid","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":null,"has_fulltext":true,"cited_by_count":1,"citation_normalized_percentile":null,"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":null,"first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.9990000128746033,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.9990000128746033,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12137","display_name":"Economic theories and models","score":0.00039999998989515007,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11742","display_name":"Economic Theory and Policy","score":0.0003000000142492354,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/interest-rate-policy","display_name":"interest rate policy","score":0.9210000038146973},{"id":"https://openalex.org/keywords/monetary-policy-rules","display_name":"monetary policy rules","score":0.8259999752044678},{"id":"https://openalex.org/keywords/production-capacity","display_name":"production capacity","score":0.7009999752044678},{"id":"https://openalex.org/keywords/output-gap","display_name":"output gap","score":0.7239999771118164},{"id":"https://openalex.org/keywords/new-keynesian-model","display_name":"New Keynesian model","score":0.890999972820282},{"id":"https://openalex.org/keywords/impulse-response","display_name":"impulse response","score":0.5879999995231628},{"id":"https://openalex.org/keywords/welfare-analysis","display_name":"welfare analysis","score":0.6620000004768372},{"id":"https://openalex.org/keywords/macroeconomic-stability","display_name":"macroeconomic stability","score":0.5849999785423279},{"id":"https://openalex.org/keywords/economic-stabilization","display_name":"economic stabilization","score":0.640999972820282}],"concepts":[{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.7829784750938416},{"id":"https://openalex.org/C126285488","wikidata":"https://www.wikidata.org/wiki/Q178476","display_name":"Monetary policy","level":2,"score":0.7221685647964478},{"id":"https://openalex.org/C10688316","wikidata":"https://www.wikidata.org/wiki/Q936174","display_name":"New Keynesian economics","level":3,"score":0.6685010194778442},{"id":"https://openalex.org/C2779513878","wikidata":"https://www.wikidata.org/wiki/Q631916","display_name":"Output gap","level":3,"score":0.6397360563278198},{"id":"https://openalex.org/C2992107181","wikidata":"https://www.wikidata.org/wiki/Q531186","display_name":"Supply side","level":2,"score":0.5857293605804443},{"id":"https://openalex.org/C63479239","wikidata":"https://www.wikidata.org/wiki/Q7353546","display_name":"Robustness (evolution)","level":3,"score":0.5716673731803894},{"id":"https://openalex.org/C2779918689","wikidata":"https://www.wikidata.org/wiki/Q3771842","display_name":"Stimulus (psychology)","level":2,"score":0.5666000843048096},{"id":"https://openalex.org/C2776878452","wikidata":"https://www.wikidata.org/wiki/Q1781726","display_name":"Stabilization policy","level":3,"score":0.4979081153869629},{"id":"https://openalex.org/C100243477","wikidata":"https://www.wikidata.org/wiki/Q12002092","display_name":"Welfare","level":2,"score":0.48344525694847107},{"id":"https://openalex.org/C2779971977","wikidata":"https://www.wikidata.org/wiki/Q842206","display_name":"Money supply","level":3,"score":0.4701322019100189},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.4329039454460144},{"id":"https://openalex.org/C55986821","wikidata":"https://www.wikidata.org/wiki/Q1188791","display_name":"Macroeconomic model","level":2,"score":0.4186924993991852},{"id":"https://openalex.org/C165556158","wikidata":"https://www.wikidata.org/wiki/Q83937","display_name":"Keynesian economics","level":1,"score":0.34611403942108154},{"id":"https://openalex.org/C542102704","wikidata":"https://www.wikidata.org/wiki/Q183257","display_name":"Psychotherapist","level":1,"score":0.0},{"id":"https://openalex.org/C104317684","wikidata":"https://www.wikidata.org/wiki/Q7187","display_name":"Gene","level":2,"score":0.0},{"id":"https://openalex.org/C185592680","wikidata":"https://www.wikidata.org/wiki/Q2329","display_name":"Chemistry","level":0,"score":0.0},{"id":"https://openalex.org/C15744967","wikidata":"https://www.wikidata.org/wiki/Q9418","display_name":"Psychology","level":0,"score":0.0},{"id":"https://openalex.org/C55493867","wikidata":"https://www.wikidata.org/wiki/Q7094","display_name":"Biochemistry","level":1,"score":0.0},{"id":"https://openalex.org/C34447519","wikidata":"https://www.wikidata.org/wiki/Q179522","display_name":"Market economy","level":1,"score":0.0}],"mesh":[],"locations_count":9,"locations":[{"id":"pmh:oai:RePEc:iaw:iawdip:68","doi":null,"is_oa":false,"landing_page_url":"http://www.iaw.edu/RePEc/iaw/pdf/iaw_dp_68.pdf","pdf_url":"http://www.iaw.edu/RePEc/iaw/pdf/iaw_dp_68.pdf","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"preprint"},{"id":"pmh:oai:RePEc:hoh:hohdip:324","doi":null,"is_oa":false,"landing_page_url":"http://www.uni-hohenheim.de/RePEc/hoh/papers/324.pdf","pdf_url":"http://www.uni-hohenheim.de/RePEc/hoh/papers/324.pdf","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"preprint"},{"id":"pmh:oai:econstor.eu:10419/56774","doi":null,"is_oa":true,"landing_page_url":"http://hdl.handle.net/10419/56774","pdf_url":"http://hdl.handle.net/10419/56774","source":{"id":"https://openalex.org/S4306401696","display_name":"Econstor (Econstor)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"doc-type:workingPaper"},{"id":"pmh:oai:opus.uni-hohenheim.de:544","doi":null,"is_oa":true,"landing_page_url":"http://nbn-resolving.de/urn:nbn:de:bsz:100-opus-5442","pdf_url":"http://nbn-resolving.de/urn:nbn:de:bsz:100-opus-5442","source":{"id":"https://openalex.org/S4306400682","display_name":"University writing server of the University of Hohenheim (Universit\u00e4t Hohenheim)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by-nc-nd","license_id":"https://openalex.org/licenses/cc-by-nc-nd","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"ResearchPaper"},{"id":"pmh:oai:CiteSeerX.psu:10.1.1.909.2355","doi":null,"is_oa":false,"landing_page_url":"http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.909.2355","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"http://www.uni-hohenheim.de/RePEc/hoh/papers/324.pdf","raw_type":"text"},{"id":"pmh:oai:aleph.bib-bvb.de:BVB01-021172137","doi":null,"is_oa":false,"landing_page_url":"http://www.iaw.edu/iaw/De:Publikationen:IAW-Reihen:IAW-Diskussionspapiere","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"text"},{"id":"mag:1503554583","doi":null,"is_oa":false,"landing_page_url":"https://opus.uni-hohenheim.de/volltexte/2011/544/pdf/324.pdf","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"RePEc: Research Papers in Economics","raw_type":null},{"id":"mag:3123374191","doi":null,"is_oa":false,"landing_page_url":"https://ideas.repec.org/p/hoh/hohdip/324.html","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":null},{"id":"pmh:oai:aleph.bib-bvb.de:BVB01-021211933","doi":null,"is_oa":false,"landing_page_url":"http://opus.ub.uni-hohenheim.de/volltexte/2011/544/","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"software, multimedia"}],"best_oa_location":{"id":"pmh:oai:econstor.eu:10419/56774","doi":null,"is_oa":true,"landing_page_url":"http://hdl.handle.net/10419/56774","pdf_url":"http://hdl.handle.net/10419/56774","source":{"id":"https://openalex.org/S4306401696","display_name":"Econstor (Econstor)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"doc-type:workingPaper"},"sustainable_development_goals":[{"score":0.6452000141143799,"display_name":"Decent work and economic growth","id":"https://metadata.un.org/sdg/8"}],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":true,"pdf":true},"content_urls":{"pdf":"https://content.openalex.org/works/W1503554583.pdf","grobid_xml":"https://content.openalex.org/works/W1503554583.grobid-xml"},"referenced_works_count":58,"referenced_works":["https://openalex.org/W115702319","https://openalex.org/W144108420","https://openalex.org/W1481142953","https://openalex.org/W1498341422","https://openalex.org/W1527360698","https://openalex.org/W1534954416","https://openalex.org/W1545731555","https://openalex.org/W1567743410","https://openalex.org/W1972078005","https://openalex.org/W1980427659","https://openalex.org/W1981174648","https://openalex.org/W1983727765","https://openalex.org/W1988137194","https://openalex.org/W1993573687","https://openalex.org/W2007175428","https://openalex.org/W2014077903","https://openalex.org/W2023930224","https://openalex.org/W2037982943","https://openalex.org/W2045251164","https://openalex.org/W2054219470","https://openalex.org/W2056909848","https://openalex.org/W2059964646","https://openalex.org/W2060268960","https://openalex.org/W2068656247","https://openalex.org/W2074879147","https://openalex.org/W2082503759","https://openalex.org/W2087373137","https://openalex.org/W2117242192","https://openalex.org/W2122086763","https://openalex.org/W2126342403","https://openalex.org/W2132814156","https://openalex.org/W2139216144","https://openalex.org/W2143582155","https://openalex.org/W2156722423","https://openalex.org/W2157506629","https://openalex.org/W2164328850","https://openalex.org/W2189139855","https://openalex.org/W2214083624","https://openalex.org/W2291314785","https://openalex.org/W2317263720","https://openalex.org/W2321818159","https://openalex.org/W2473026112","https://openalex.org/W2488588872","https://openalex.org/W2798853955","https://openalex.org/W3020861401","https://openalex.org/W3023499496","https://openalex.org/W3121293400","https://openalex.org/W3122513804","https://openalex.org/W3123418487","https://openalex.org/W3123426266","https://openalex.org/W3123455712","https://openalex.org/W3123794379","https://openalex.org/W3124373986","https://openalex.org/W3124765495","https://openalex.org/W3124877184","https://openalex.org/W3125135614","https://openalex.org/W3125215479","https://openalex.org/W3145835289"],"related_works":["https://openalex.org/W2158803552","https://openalex.org/W4414623770","https://openalex.org/W1799677123","https://openalex.org/W2110529977","https://openalex.org/W3145262273","https://openalex.org/W1830991299","https://openalex.org/W2296810653","https://openalex.org/W2397464950","https://openalex.org/W2588450031","https://openalex.org/W1525156826"],"abstract_inverted_index":{"In":[0],"contrast":[1,123],"to":[2,21,28,47,124],"the":[3,16,49,72,86,99,112],"present":[4],"consensus":[5],"view":[6],"of":[7,18,24,34,51,74,101,108],"stabilization":[8,132],"policy,":[9],"theoretical":[10],"and":[11,77,82],"empirical":[12],"research":[13],"strongly":[14],"support":[15],"consideration":[17],"supply-side":[19,53],"adjustment":[20,36,54],"pronounced":[22],"variations":[23],"factor-utilization":[25],"in":[26,122],"order":[27],"trace":[29],"a":[30,61,90,125,134],"more":[31,135],"realistic":[32],"pattern":[33],"macroeconomic":[35],"dynamics":[37],"within":[38],"simulation":[39],"studies.":[40],"Against":[41],"this":[42],"background,":[43],"our":[44,102],"paper":[45],"seeks":[46],"illuminate":[48],"relevance":[50],"endogenous":[52],"for":[55,98],"monetary":[56,92],"policy":[57,93,103],"research.":[58],"We":[59,119],"modify":[60],"basic":[62,126],"New":[63,127],"Keynesian":[64,128],"model":[65],"by":[66,105],"explicitly":[67],"considering":[68],"demand-side":[69],"stimulus":[70],"on":[71],"evolution":[73],"productive":[75],"capacity":[76],"analyze":[78],"stability,":[79],"impulse":[80],"response,":[81],"welfare":[83],"issues":[84],"if":[85],"central":[87,113],"bank":[88,114],"follows":[89],"simple":[91],"rule.":[94],"Thereby,":[95],"we":[96],"control":[97],"robustness":[100],"implications":[104],"various":[106],"states":[107],"output":[109,130,140],"gap":[110,131],"mismeasurement":[111],"might":[115],"be":[116],"confronted":[117],"with.":[118],"find":[120],"that,":[121],"Model,":[129],"plays":[133],"prominent":[136],"role":[137],"when":[138],"potential":[139],"is":[141],"endogenous.":[142]},"counts_by_year":[{"year":2014,"cited_by_count":1}],"updated_date":"2026-09-26T08:19:03.415552","created_date":"2016-06-24T00:00:00"}
