{"id":"https://openalex.org/W2022802444","doi":"https://doi.org/10.1016/j.jmoneco.2007.06.018","title":"Maintaining Low Inflation: Money, Interest Rates, and Policy Stance","display_name":"Maintaining Low Inflation: Money, Interest Rates, and Policy Stance","publication_year":2007,"publication_date":"2007-01-01","ids":{"openalex":"https://openalex.org/W2022802444","doi":"https://doi.org/10.1016/j.jmoneco.2007.06.018","mag":"2022802444"},"language":"en","primary_location":{"id":"doi:10.1016/j.jmoneco.2007.06.018","doi":"https://doi.org/10.1016/j.jmoneco.2007.06.018","is_oa":false,"landing_page_url":"https://doi.org/10.1016/j.jmoneco.2007.06.018","pdf_url":null,"source":{"id":"https://openalex.org/S6711363","display_name":"Journal of Monetary Economics","issn_l":"0304-3932","issn":["0304-3932","1873-1295"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a-star","anvur-class-a","anvur-scientific","cwts-core","erih-plus","jufo-3","norway-2","poland-200","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Monetary Economics","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://doi.org/10.2139/ssrn.985126","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5076196359","display_name":"Samuel Reynard","orcid":"https://orcid.org/0000-0002-6235-7932","observed_orcids":["https://orcid.org/0000-0002-6235-7932"]},"institutions":[{"id":"https://openalex.org/I32869367","display_name":"Swiss National Bank","ror":"https://ror.org/031x4qe27","country_code":"CH","type":"other","lineage":["https://openalex.org/I32869367"]}],"countries":["CH"],"is_corresponding":true,"raw_author_name":"Samuel Reynard","raw_affiliation_strings":["Swiss National Bank, Research Unit, Boersenstrasse 15, 8022 Zurich, Switzerland","Swiss National Bank"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Swiss National Bank, Research Unit, Boersenstrasse 15, 8022 Zurich, Switzerland","institution_ids":["https://openalex.org/I32869367"]},{"raw_affiliation_string":"Swiss National Bank","institution_ids":["https://openalex.org/I32869367"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5076196359"],"corresponding_institution_ids":["https://openalex.org/I32869367"],"apc_list":{"value":4660,"currency":"USD","value_usd":4660},"apc_paid":null,"fwci":35.4261,"has_fulltext":true,"cited_by_count":114,"citation_normalized_percentile":{"value":0.995629,"is_in_top_1_percent":true,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":88,"max":99},"biblio":{"volume":"54","issue":"5","first_page":"1441","last_page":"1471"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":1.0,"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":1.0,"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":0.0,"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":0.0,"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/low-inflation","display_name":"low inflation","score":0.8209999799728394},{"id":"https://openalex.org/keywords/monetary-aggregates","display_name":"monetary aggregates","score":0.781000018119812},{"id":"https://openalex.org/keywords/interest-rates","display_name":"interest rates","score":0.6990000009536743},{"id":"https://openalex.org/keywords/monetary-policy-stance","display_name":"monetary policy stance","score":0.8009999990463257},{"id":"https://openalex.org/keywords/inflation-forecasting","display_name":"inflation forecasting","score":0.6840000152587891},{"id":"https://openalex.org/keywords/inflation-persistence","display_name":"inflation persistence","score":0.5870000123977661},{"id":"https://openalex.org/keywords/inflation-volatility","display_name":"inflation volatility","score":0.9409999847412109},{"id":"https://openalex.org/keywords/output","display_name":"output","score":0.38199999928474426},{"id":"https://openalex.org/keywords/inflation-targeting","display_name":"inflation targeting","score":0.33799999952316284}],"concepts":[{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.823255181312561},{"id":"https://openalex.org/C126285488","wikidata":"https://www.wikidata.org/wiki/Q178476","display_name":"Monetary policy","level":2,"score":0.7829315066337585},{"id":"https://openalex.org/C175025494","wikidata":"https://www.wikidata.org/wiki/Q179179","display_name":"Interest rate","level":2,"score":0.6151704788208008},{"id":"https://openalex.org/C200941418","wikidata":"https://www.wikidata.org/wiki/Q273508","display_name":"Inflation (cosmology)","level":2,"score":0.6139293909072876},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.5747104287147522},{"id":"https://openalex.org/C154815372","wikidata":"https://www.wikidata.org/wiki/Q1140421","display_name":"Real interest rate","level":3,"score":0.5696852803230286},{"id":"https://openalex.org/C91602232","wikidata":"https://www.wikidata.org/wiki/Q756115","display_name":"Volatility (finance)","level":2,"score":0.528436005115509},{"id":"https://openalex.org/C2778774626","wikidata":"https://www.wikidata.org/wiki/Q220841","display_name":"Phillips curve","level":3,"score":0.5222400426864624},{"id":"https://openalex.org/C113679137","wikidata":"https://www.wikidata.org/wiki/Q10495747","display_name":"Fisher hypothesis","level":4,"score":0.47871828079223633},{"id":"https://openalex.org/C185824701","wikidata":"https://www.wikidata.org/wiki/Q1193759","display_name":"Inflation targeting","level":3,"score":0.4650470018386841},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.4369000494480133},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.2991600036621094},{"id":"https://openalex.org/C121332964","wikidata":"https://www.wikidata.org/wiki/Q413","display_name":"Physics","level":0,"score":0.0},{"id":"https://openalex.org/C33332235","wikidata":"https://www.wikidata.org/wiki/Q18362","display_name":"Theoretical physics","level":1,"score":0.0}],"mesh":[],"locations_count":10,"locations":[{"id":"doi:10.1016/j.jmoneco.2007.06.018","doi":"https://doi.org/10.1016/j.jmoneco.2007.06.018","is_oa":false,"landing_page_url":"https://doi.org/10.1016/j.jmoneco.2007.06.018","pdf_url":null,"source":{"id":"https://openalex.org/S6711363","display_name":"Journal of Monetary Economics","issn_l":"0304-3932","issn":["0304-3932","1873-1295"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a-star","anvur-class-a","anvur-scientific","cwts-core","erih-plus","jufo-3","norway-2","poland-200","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Monetary Economics","raw_type":"journal-article"},{"id":"doi:10.2139/ssrn.985126","doi":"https://doi.org/10.2139/ssrn.985126","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.985126","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"SSRN Electronic Journal","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:ecb:ecbwps:20070756","doi":null,"is_oa":false,"landing_page_url":"http://www.ecb.europa.eu/pub/pdf/scpwps/ecbwp756.pdf","pdf_url":"http://www.ecb.europa.eu/pub/pdf/scpwps/ecbwp756.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":"","raw_type":"preprint"},{"id":"pmh:oai:RePEc:ecb:ecbwps:2007756","doi":null,"is_oa":false,"landing_page_url":"https://www.ecb.europa.eu//pub/pdf/scpwps/ecbwp756.pdf","pdf_url":"https://www.ecb.europa.eu//pub/pdf/scpwps/ecbwp756.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:aleph.bib-bvb.de:BVB01-016389867","doi":null,"is_oa":false,"landing_page_url":"http://www.snb.ch/n/mmr/reference/working_paper_2007_05/source/working_paper_2007_05.n.pdf","pdf_url":"http://www.snb.ch/n/mmr/reference/working_paper_2007_05/source/working_paper_2007_05.n.pdf","source":null,"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"text"},{"id":"pmh:oai:econstor.eu:10419/153190","doi":null,"is_oa":true,"landing_page_url":"http://hdl.handle.net/10419/153190","pdf_url":"https://www.econstor.eu/bitstream/10419/153190/1/ecbwp0756.pdf","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:CiteSeerX.psu:10.1.1.165.2769","doi":null,"is_oa":false,"landing_page_url":"http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.165.2769","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"http://www.ecb.int/pub/pdf/scpwps/ecbwp756.pdf","raw_type":"text"},{"id":"mag:2022802444","doi":null,"is_oa":true,"landing_page_url":"https://papers.ssrn.com/sol3/Delivery.cfm/SSRN_ID985126_code485639.pdf?abstractid=985126&mirid=4","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"SSRN Electronic Journal","raw_type":null},{"id":"pmh:oai:RePEc:eee:moneco:v:54:y:2007:i:5:p:1441-1471","doi":null,"is_oa":false,"landing_page_url":"http://www.sciencedirect.com/science/article/pii/S0304-3932(07)00070-0","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":null,"raw_type":"article"},{"id":"pmh:oai:RePEc:snb:snbwpa:2007-05","doi":null,"is_oa":false,"landing_page_url":"https://www.snb.ch/en/publications/research/working-papers/2007/working_paper_2007_05","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":null,"raw_type":"preprint"}],"best_oa_location":{"id":"doi:10.2139/ssrn.985126","doi":"https://doi.org/10.2139/ssrn.985126","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.985126","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"SSRN Electronic Journal","raw_type":"journal-article"},"sustainable_development_goals":[],"sustainable_development_goals_aurora":[{"id":"https://metadata.un.org/sdg/8","score":0.550000011920929,"display_name":"Decent work and economic growth"}],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":37,"referenced_works":["https://openalex.org/W575287613","https://openalex.org/W1482401614","https://openalex.org/W1482503699","https://openalex.org/W1517797292","https://openalex.org/W1526449337","https://openalex.org/W1537404306","https://openalex.org/W1579181972","https://openalex.org/W1601670543","https://openalex.org/W1994121926","https://openalex.org/W2003750580","https://openalex.org/W2088563154","https://openalex.org/W2092274335","https://openalex.org/W2096064009","https://openalex.org/W2103200234","https://openalex.org/W2116575346","https://openalex.org/W2136299081","https://openalex.org/W2138989197","https://openalex.org/W2140898820","https://openalex.org/W2148858099","https://openalex.org/W2156687453","https://openalex.org/W2163396639","https://openalex.org/W2164513663","https://openalex.org/W2164991765","https://openalex.org/W2167359167","https://openalex.org/W2724126269","https://openalex.org/W2891416578","https://openalex.org/W2974802107","https://openalex.org/W2991686893","https://openalex.org/W3022712314","https://openalex.org/W3121595883","https://openalex.org/W3121651387","https://openalex.org/W3121856144","https://openalex.org/W3121923649","https://openalex.org/W3124282572","https://openalex.org/W3124438330","https://openalex.org/W6632130625","https://openalex.org/W6811602797"],"related_works":["https://openalex.org/W2052331880","https://openalex.org/W1486649349","https://openalex.org/W1979377102","https://openalex.org/W2185972901","https://openalex.org/W7113603033","https://openalex.org/W2136299081","https://openalex.org/W3123542913","https://openalex.org/W4251707909","https://openalex.org/W17094989","https://openalex.org/W2727937072"],"abstract_inverted_index":null,"counts_by_year":[{"year":2026,"cited_by_count":4},{"year":2025,"cited_by_count":2},{"year":2024,"cited_by_count":2},{"year":2023,"cited_by_count":4},{"year":2022,"cited_by_count":2},{"year":2021,"cited_by_count":4},{"year":2020,"cited_by_count":1},{"year":2019,"cited_by_count":1},{"year":2018,"cited_by_count":1},{"year":2017,"cited_by_count":3},{"year":2016,"cited_by_count":6},{"year":2015,"cited_by_count":7},{"year":2014,"cited_by_count":3},{"year":2013,"cited_by_count":3},{"year":2012,"cited_by_count":5}],"updated_date":"2026-10-31T12:09:11.096373","created_date":"2016-06-24T00:00:00"}
