{"id":"https://openalex.org/W2033969320","doi":"https://doi.org/10.1016/j.econmod.2003.12.010","title":"Monetary policy problems for currency unions: asymmetry and the problem of aggregation in the euro area","display_name":"Monetary policy problems for currency unions: asymmetry and the problem of aggregation in the euro area","publication_year":2004,"publication_date":"2004-11-12","ids":{"openalex":"https://openalex.org/W2033969320","doi":"https://doi.org/10.1016/j.econmod.2003.12.010","mag":"2033969320"},"language":"en","primary_location":{"id":"doi:10.1016/j.econmod.2003.12.010","doi":"https://doi.org/10.1016/j.econmod.2003.12.010","is_oa":false,"landing_page_url":"https://doi.org/10.1016/j.econmod.2003.12.010","pdf_url":null,"source":{"id":"https://openalex.org/S141184754","display_name":"Economic Modelling","issn_l":"0264-9993","issn":["0264-9993","1873-6122"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","erih-plus","fnege-3","jufo-1","norway-1","poland-100","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":"Economic Modelling","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"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/A5056645492","display_name":"David G. Mayes","orcid":"https://orcid.org/0000-0001-8306-3442","observed_orcids":["https://orcid.org/0000-0001-8306-3442"]},"institutions":[{"id":"https://openalex.org/I181188550","display_name":"Bank of Finland","ror":"https://ror.org/04j3r8z61","country_code":"FI","type":"education","lineage":["https://openalex.org/I181188550"]}],"countries":["FI"],"is_corresponding":false,"raw_author_name":"David G. Mayes","raw_affiliation_strings":["Bank of Finland, P.O. Box 160, 00101 Helsinki, Finland"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Bank of Finland, P.O. Box 160, 00101 Helsinki, Finland","institution_ids":["https://openalex.org/I181188550"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5041374622","display_name":"Matti Vir\u00e9n","orcid":"https://orcid.org/0000-0002-6132-3474","observed_orcids":["https://orcid.org/0000-0002-6132-3474"]},"institutions":[{"id":"https://openalex.org/I181188550","display_name":"Bank of Finland","ror":"https://ror.org/04j3r8z61","country_code":"FI","type":"education","lineage":["https://openalex.org/I181188550"]}],"countries":["FI"],"is_corresponding":false,"raw_author_name":"Matti Vir\u00e9n","raw_affiliation_strings":["Bank of Finland, P.O. Box 160, 00101 Helsinki, Finland"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Bank of Finland, P.O. Box 160, 00101 Helsinki, Finland","institution_ids":["https://openalex.org/I181188550"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":[],"corresponding_institution_ids":["https://openalex.org/I181188550"],"apc_list":{"value":3660,"currency":"USD","value_usd":3660},"apc_paid":null,"fwci":2.0197,"has_fulltext":false,"cited_by_count":13,"citation_normalized_percentile":{"value":0.9091089,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":89,"max":96},"biblio":{"volume":"22","issue":"2","first_page":"219","last_page":"251"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.986299991607666,"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":0.986299991607666,"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/T14166","display_name":"European Monetary and Fiscal Policies","score":0.009200000204145908,"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/T13399","display_name":"Unemployment and Economic Growth","score":0.0026000000070780516,"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/monetary-policy","display_name":"monetary policy","score":0.8220000267028809},{"id":"https://openalex.org/keywords/monetary-union","display_name":"monetary union","score":0.9800000190734863},{"id":"https://openalex.org/keywords/euro-area","display_name":"euro area","score":0.9629999995231628},{"id":"https://openalex.org/keywords/nonlinearity","display_name":"nonlinearity","score":0.5649999976158142},{"id":"https://openalex.org/keywords/asymmetry","display_name":"asymmetry","score":0.8360000252723694},{"id":"https://openalex.org/keywords/phillips-curve","display_name":"Phillips curve","score":0.9350000023841858},{"id":"https://openalex.org/keywords/okun-s-law","display_name":"Okun's law","score":0.9340000152587891},{"id":"https://openalex.org/keywords/inflation-unemployment-relationship","display_name":"inflation-unemployment relationship","score":0.765999972820282},{"id":"https://openalex.org/keywords/business-cycles","display_name":"business cycles","score":0.5730000138282776},{"id":"https://openalex.org/keywords/is-curve","display_name":"IS curve","score":0.6039999723434448},{"id":"https://openalex.org/keywords/central-corridor","display_name":"Central Corridor","score":0.5270000100135803},{"id":"https://openalex.org/keywords/monetary-policy-reaction","display_name":"monetary policy reaction","score":0.3619999885559082}],"concepts":[{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.8608543276786804},{"id":"https://openalex.org/C126285488","wikidata":"https://www.wikidata.org/wiki/Q178476","display_name":"Monetary policy","level":2,"score":0.6614478826522827},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.6266187429428101},{"id":"https://openalex.org/C141121606","wikidata":"https://www.wikidata.org/wiki/Q8142","display_name":"Currency","level":2,"score":0.6120209693908691},{"id":"https://openalex.org/C38976095","wikidata":"https://www.wikidata.org/wiki/Q752641","display_name":"Asymmetry","level":2,"score":0.4817750155925751},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.4165620803833008},{"id":"https://openalex.org/C18547055","wikidata":"https://www.wikidata.org/wiki/Q47417","display_name":"International economics","level":1,"score":0.34597980976104736},{"id":"https://openalex.org/C165556158","wikidata":"https://www.wikidata.org/wiki/Q83937","display_name":"Keynesian economics","level":1,"score":0.34122613072395325},{"id":"https://openalex.org/C121332964","wikidata":"https://www.wikidata.org/wiki/Q413","display_name":"Physics","level":0,"score":0.05206117033958435},{"id":"https://openalex.org/C62520636","wikidata":"https://www.wikidata.org/wiki/Q944","display_name":"Quantum mechanics","level":1,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.1016/j.econmod.2003.12.010","doi":"https://doi.org/10.1016/j.econmod.2003.12.010","is_oa":false,"landing_page_url":"https://doi.org/10.1016/j.econmod.2003.12.010","pdf_url":null,"source":{"id":"https://openalex.org/S141184754","display_name":"Economic Modelling","issn_l":"0264-9993","issn":["0264-9993","1873-6122"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","erih-plus","fnege-3","jufo-1","norway-1","poland-100","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":"Economic Modelling","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:eee:ecmode:v:22:y:2005:i:2:p:219-251","doi":null,"is_oa":false,"landing_page_url":"http://www.sciencedirect.com/science/article/pii/S0264-9993(03)00102-0","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"}],"best_oa_location":null,"sustainable_development_goals":[{"score":0.5263000130653381,"id":"https://metadata.un.org/sdg/8","display_name":"Decent work and economic growth"}],"sustainable_development_goals_aurora":[{"score":0.6600000262260437,"id":"https://metadata.un.org/sdg/8","display_name":"Decent work and economic growth"}],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":84,"referenced_works":["https://openalex.org/W7998130","https://openalex.org/W52093262","https://openalex.org/W104725224","https://openalex.org/W118698159","https://openalex.org/W611818317","https://openalex.org/W648776625","https://openalex.org/W1487348164","https://openalex.org/W1489306473","https://openalex.org/W1492359449","https://openalex.org/W1496152937","https://openalex.org/W1501584278","https://openalex.org/W1512934530","https://openalex.org/W1529410011","https://openalex.org/W1530948978","https://openalex.org/W1531842111","https://openalex.org/W1535689967","https://openalex.org/W1541270411","https://openalex.org/W1556626870","https://openalex.org/W1568083547","https://openalex.org/W1570842944","https://openalex.org/W1581306508","https://openalex.org/W1581775017","https://openalex.org/W1592010692","https://openalex.org/W1595521060","https://openalex.org/W1595949625","https://openalex.org/W1595968860","https://openalex.org/W1608195163","https://openalex.org/W1760845451","https://openalex.org/W1849272153","https://openalex.org/W1912472710","https://openalex.org/W1965281658","https://openalex.org/W1965775125","https://openalex.org/W1966363606","https://openalex.org/W1972010660","https://openalex.org/W1983199289","https://openalex.org/W1995754740","https://openalex.org/W2001866606","https://openalex.org/W2005388262","https://openalex.org/W2013559856","https://openalex.org/W2014706295","https://openalex.org/W2015472986","https://openalex.org/W2027314034","https://openalex.org/W2030581233","https://openalex.org/W2030897573","https://openalex.org/W2033463157","https://openalex.org/W2033834012","https://openalex.org/W2036787087","https://openalex.org/W2049949535","https://openalex.org/W2061650853","https://openalex.org/W2062455076","https://openalex.org/W2062489380","https://openalex.org/W2065395265","https://openalex.org/W2065560699","https://openalex.org/W2069341621","https://openalex.org/W2074444261","https://openalex.org/W2091206152","https://openalex.org/W2093109790","https://openalex.org/W2093769532","https://openalex.org/W2104967127","https://openalex.org/W2131733003","https://openalex.org/W2137891558","https://openalex.org/W2140898820","https://openalex.org/W2148925703","https://openalex.org/W2153187661","https://openalex.org/W2155799379","https://openalex.org/W2158360805","https://openalex.org/W2164092119","https://openalex.org/W2283882332","https://openalex.org/W2320686922","https://openalex.org/W2323266160","https://openalex.org/W2325506783","https://openalex.org/W2495746138","https://openalex.org/W2797062887","https://openalex.org/W2954355036","https://openalex.org/W3022119742","https://openalex.org/W3122370327","https://openalex.org/W3122524090","https://openalex.org/W3123595022","https://openalex.org/W3123802129","https://openalex.org/W3124106099","https://openalex.org/W3124230606","https://openalex.org/W3124676218","https://openalex.org/W3141155287","https://openalex.org/W3141830910"],"related_works":["https://openalex.org/W3124073672","https://openalex.org/W2140288290","https://openalex.org/W1595949625","https://openalex.org/W7096041846","https://openalex.org/W1581575526","https://openalex.org/W2732276854","https://openalex.org/W4414565381","https://openalex.org/W7095804294","https://openalex.org/W2139918414","https://openalex.org/W2903612449"],"abstract_inverted_index":null,"counts_by_year":[{"year":2022,"cited_by_count":1},{"year":2018,"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"}