{"id":"https://openalex.org/W1572531713","doi":null,"title":"The effects of globalization on inflation and their implications for monetary policy","display_name":"The effects of globalization on inflation and their implications for monetary policy","publication_year":2006,"publication_date":"2006-01-01","ids":{"openalex":"https://openalex.org/W1572531713","mag":"1572531713"},"language":"en","primary_location":{"id":"pmh:oai:RePEc:fip:fedbcp:y:2006:n:51:x:6","doi":null,"is_oa":false,"landing_page_url":"http://www.bostonfed.org/economic/conf/conf51/papers/kohn.pdf","pdf_url":"http://www.bostonfed.org/economic/conf/conf51/papers/kohn.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":"article"},"volume":null,"type":"article","indexed_in":[],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5037203027","display_name":"Donald L. Kohn","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":true,"raw_author_name":"Donald L. Kohn","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":["https://openalex.org/A5037203027"],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":10.7543,"has_fulltext":false,"cited_by_count":41,"citation_normalized_percentile":{"value":0.97784458,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":88,"max":98},"biblio":{"volume":"51","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":0.9994999766349792,"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":0.9994999766349792,"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/T10503","display_name":"Global Financial Crisis and Policies","score":0.0003000000142492354,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"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/T11059","display_name":"Market Dynamics and Volatility","score":0.00019999999494757503,"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"}}],"keywords":[{"id":"https://openalex.org/keywords/globalization","display_name":"globalization","score":0.9990000128746033},{"id":"https://openalex.org/keywords/inflation","display_name":"inflation","score":0.984000027179718},{"id":"https://openalex.org/keywords/monetary-policy","display_name":"monetary policy","score":0.9929999709129333},{"id":"https://openalex.org/keywords/central-bank","display_name":"central bank","score":0.7509999871253967},{"id":"https://openalex.org/keywords/inflation-expectations","display_name":"inflation expectations","score":0.8960000276565552},{"id":"https://openalex.org/keywords/floating-exchange-rates","display_name":"exchange rate fluctuations","score":0.7609999775886536},{"id":"https://openalex.org/keywords/federal-open-market-committee","display_name":"Federal Open Market Committee","score":0.6779999732971191},{"id":"https://openalex.org/keywords/price-stability","display_name":"price stability","score":0.7239999771118164},{"id":"https://openalex.org/keywords/economic-stability","display_name":"economic stability","score":0.6759999990463257}],"concepts":[{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.7815588116645813},{"id":"https://openalex.org/C200941418","wikidata":"https://www.wikidata.org/wiki/Q273508","display_name":"Inflation (cosmology)","level":2,"score":0.7629714012145996},{"id":"https://openalex.org/C126285488","wikidata":"https://www.wikidata.org/wiki/Q178476","display_name":"Monetary policy","level":2,"score":0.7257201671600342},{"id":"https://openalex.org/C2119116","wikidata":"https://www.wikidata.org/wiki/Q7181","display_name":"Globalization","level":2,"score":0.7247667908668518},{"id":"https://openalex.org/C185824701","wikidata":"https://www.wikidata.org/wiki/Q1193759","display_name":"Inflation targeting","level":3,"score":0.6256371736526489},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.6059054136276245},{"id":"https://openalex.org/C2992735868","wikidata":"https://www.wikidata.org/wiki/Q66344","display_name":"Central bank","level":3,"score":0.5230801701545715},{"id":"https://openalex.org/C73374054","wikidata":"https://www.wikidata.org/wiki/Q2995667","display_name":"Economic stability","level":2,"score":0.4889713525772095},{"id":"https://openalex.org/C154815372","wikidata":"https://www.wikidata.org/wiki/Q1140421","display_name":"Real interest rate","level":3,"score":0.4815121591091156},{"id":"https://openalex.org/C188466206","wikidata":"https://www.wikidata.org/wiki/Q7242626","display_name":"Price of stability","level":3,"score":0.46934235095977783},{"id":"https://openalex.org/C165556158","wikidata":"https://www.wikidata.org/wiki/Q83937","display_name":"Keynesian economics","level":1,"score":0.44520846009254456},{"id":"https://openalex.org/C2776988154","wikidata":"https://www.wikidata.org/wiki/Q66100","display_name":"Exchange rate","level":2,"score":0.4343743622303009},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.34899455308914185},{"id":"https://openalex.org/C34447519","wikidata":"https://www.wikidata.org/wiki/Q179522","display_name":"Market economy","level":1,"score":0.1649591028690338},{"id":"https://openalex.org/C33332235","wikidata":"https://www.wikidata.org/wiki/Q18362","display_name":"Theoretical physics","level":1,"score":0.0},{"id":"https://openalex.org/C121332964","wikidata":"https://www.wikidata.org/wiki/Q413","display_name":"Physics","level":0,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"pmh:oai:RePEc:fip:fedbcp:y:2006:n:51:x:6","doi":null,"is_oa":false,"landing_page_url":"http://www.bostonfed.org/economic/conf/conf51/papers/kohn.pdf","pdf_url":"http://www.bostonfed.org/economic/conf/conf51/papers/kohn.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":"article"},{"id":"mag:1572531713","doi":null,"is_oa":false,"landing_page_url":"http://econpapers.repec.org/RePEc:fip:fedbcp:y:2006:n:51:x:6","pdf_url":null,"source":{"id":"https://openalex.org/S4306506833","display_name":"Conference Series ; [Proceedings]","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":"conference"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Conference Series ; [Proceedings]","raw_type":null}],"best_oa_location":null,"sustainable_development_goals":[],"sustainable_development_goals_aurora":[{"display_name":"Decent work and economic growth","score":0.5099999904632568,"id":"https://metadata.un.org/sdg/8"}],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":3,"referenced_works":["https://openalex.org/W1544699403","https://openalex.org/W2053908387","https://openalex.org/W3122474573"],"related_works":["https://openalex.org/W1554687028","https://openalex.org/W2567871048","https://openalex.org/W1524354450","https://openalex.org/W2050871622","https://openalex.org/W7130694108","https://openalex.org/W7112556171","https://openalex.org/W7047915805","https://openalex.org/W7160531786","https://openalex.org/W794848086","https://openalex.org/W2884869342"],"abstract_inverted_index":{"Policymakers":[0],"here":[1],"and":[2,104],"abroad":[3],"cannot":[4],"lose":[5],"sight":[6],"of":[7,14,73,76,83,98],"a":[8,12,70],"fundamental":[9],"truth:":[10],"In":[11],"world":[13],"separate":[15],"currencies":[16],"that":[17,90],"can":[18],"fluctuate":[19],"against":[20],"each":[21,25],"other":[22],"over":[23],"time,":[24,50],"country?s":[26],"central":[27,96],"bank":[28],"determines":[29],"its":[30,45],"inflation":[31,51,66,84],"rate.":[32],"If":[33],"the":[34,39,74],"FOMC":[35],"were":[36],"to":[37,42],"allow":[38],"U.S.":[40],"economy":[41],"run":[43],"beyond":[44],"sustainable":[46],"potential":[47],"for":[48,101],"some":[49],"would":[52,58],"eventually":[53],"rise.":[54],"And,":[55],"this":[56],"pickup":[57],"become":[59],"self-perpetuating":[60],"if":[61],"it":[62,86],"became":[63],"embedded":[64],"in":[65,80],"expectations.":[67],"Thus,":[68],"while":[69],"better":[71],"understanding":[72,82],"implications":[75],"globalization":[77],"will":[78],"aid":[79],"our":[81],"dynamics,":[85],"is":[87],"also":[88],"clear":[89],"such":[91],"developments":[92],"do":[93],"not":[94],"relieve":[95],"banks":[97],"their":[99],"responsibility":[100],"maintaining":[102],"price":[103],"economic":[105],"stability.":[106]},"counts_by_year":[{"year":2025,"cited_by_count":1},{"year":2024,"cited_by_count":1},{"year":2022,"cited_by_count":1},{"year":2021,"cited_by_count":1},{"year":2020,"cited_by_count":1},{"year":2019,"cited_by_count":5},{"year":2016,"cited_by_count":4},{"year":2015,"cited_by_count":3},{"year":2013,"cited_by_count":1},{"year":2012,"cited_by_count":2}],"updated_date":"2026-10-16T09:59:22.235173","created_date":"2016-06-24T00:00:00"}