{"id":"https://openalex.org/W2088965705","doi":"https://doi.org/10.1080/00036846.2011.593500","title":"Financial innovation and regional money","display_name":"Financial innovation and regional money","publication_year":2011,"publication_date":"2011-07-25","ids":{"openalex":"https://openalex.org/W2088965705","doi":"https://doi.org/10.1080/00036846.2011.593500","mag":"2088965705"},"language":"en","primary_location":{"id":"doi:10.1080/00036846.2011.593500","doi":"https://doi.org/10.1080/00036846.2011.593500","is_oa":false,"landing_page_url":"https://doi.org/10.1080/00036846.2011.593500","pdf_url":null,"source":{"id":"https://openalex.org/S201533460","display_name":"Applied Economics","issn_l":"0003-6846","issn":["0003-6846","1466-4283"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","fnege-3","jufo-1","norway-1","poland-40","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547","https://openalex.org/P4310320449"],"host_organization_lineage_names":["Taylor & Francis","Informa"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Applied Economics","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://mpra.ub.uni-muenchen.de/29194/1/MPRA_paper_29194.pdf","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5011781040","display_name":"Jun Nagayasu","orcid":"https://orcid.org/0000-0003-0850-1451","observed_orcids":["https://orcid.org/0000-0003-0850-1451"]},"institutions":[{"id":"https://openalex.org/I146399215","display_name":"University of Tsukuba","ror":"https://ror.org/02956yf07","country_code":"JP","type":"education","lineage":["https://openalex.org/I146399215"]}],"countries":["JP"],"is_corresponding":true,"raw_author_name":"Jun Nagayasu","raw_affiliation_strings":["Graduate School of Systems and Information Engineering, University of Tsukuba, 1-1-1, Tennodai, Tsukuba, Ibaraki 305-8573, Japan"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Graduate School of Systems and Information Engineering, University of Tsukuba, 1-1-1, Tennodai, Tsukuba, Ibaraki 305-8573, Japan","institution_ids":["https://openalex.org/I146399215"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5011781040"],"corresponding_institution_ids":["https://openalex.org/I146399215"],"apc_list":null,"apc_paid":null,"fwci":0.8496,"has_fulltext":true,"cited_by_count":16,"citation_normalized_percentile":{"value":0.86329567,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":88,"max":97},"biblio":{"volume":"44","issue":"35","first_page":"4617","last_page":"4629"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.9506999850273132,"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":0.9506999850273132,"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/T10127","display_name":"Banking stability, regulation, efficiency","score":0.01600000075995922,"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/T12137","display_name":"Economic theories and models","score":0.014600000344216824,"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/financial-innovation","display_name":"financial innovation","score":1.0},{"id":"https://openalex.org/keywords/money-demand","display_name":"money demand","score":0.9810000061988831},{"id":"https://openalex.org/keywords/money-output-relationship","display_name":"money-output relationship","score":0.8500000238418579},{"id":"https://openalex.org/keywords/liquidity","display_name":"liquidity","score":0.3479999899864197},{"id":"https://openalex.org/keywords/demand-deposits","display_name":"demand deposits","score":0.75},{"id":"https://openalex.org/keywords/cash","display_name":"cash","score":0.8560000061988831},{"id":"https://openalex.org/keywords/japanese-regional-economy","display_name":"Japanese regional economy","score":0.503000020980835}],"concepts":[{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.7753899693489075},{"id":"https://openalex.org/C2780148112","wikidata":"https://www.wikidata.org/wiki/Q1432581","display_name":"Proxy (statistics)","level":2,"score":0.7131638526916504},{"id":"https://openalex.org/C2777064627","wikidata":"https://www.wikidata.org/wiki/Q3151423","display_name":"Financial innovation","level":2,"score":0.6445651054382324},{"id":"https://openalex.org/C2778816174","wikidata":"https://www.wikidata.org/wiki/Q1499538","display_name":"Demand for money","level":3,"score":0.5840744972229004},{"id":"https://openalex.org/C2778083465","wikidata":"https://www.wikidata.org/wiki/Q693464","display_name":"Cash","level":2,"score":0.5558345913887024},{"id":"https://openalex.org/C2778210481","wikidata":"https://www.wikidata.org/wiki/Q4972003","display_name":"Broad money","level":3,"score":0.5552246570587158},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.5058631300926208},{"id":"https://openalex.org/C132321396","wikidata":"https://www.wikidata.org/wiki/Q4204378","display_name":"Speculative demand","level":4,"score":0.47707831859588623},{"id":"https://openalex.org/C84666643","wikidata":"https://www.wikidata.org/wiki/Q3725134","display_name":"Endogenous money","level":3,"score":0.4706294536590576},{"id":"https://openalex.org/C119599318","wikidata":"https://www.wikidata.org/wiki/Q1147172","display_name":"Demand deposit","level":3,"score":0.44185173511505127},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.40321752429008484},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.3436882495880127},{"id":"https://openalex.org/C126285488","wikidata":"https://www.wikidata.org/wiki/Q178476","display_name":"Monetary policy","level":2,"score":0.24899935722351074},{"id":"https://openalex.org/C175025494","wikidata":"https://www.wikidata.org/wiki/Q179179","display_name":"Interest rate","level":2,"score":0.2085854411125183},{"id":"https://openalex.org/C119857082","wikidata":"https://www.wikidata.org/wiki/Q2539","display_name":"Machine learning","level":1,"score":0.0},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.0}],"mesh":[],"locations_count":4,"locations":[{"id":"doi:10.1080/00036846.2011.593500","doi":"https://doi.org/10.1080/00036846.2011.593500","is_oa":false,"landing_page_url":"https://doi.org/10.1080/00036846.2011.593500","pdf_url":null,"source":{"id":"https://openalex.org/S201533460","display_name":"Applied Economics","issn_l":"0003-6846","issn":["0003-6846","1466-4283"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","fnege-3","jufo-1","norway-1","poland-40","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547","https://openalex.org/P4310320449"],"host_organization_lineage_names":["Taylor & Francis","Informa"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Applied Economics","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:pra:mprapa:29194","doi":null,"is_oa":true,"landing_page_url":"https://mpra.ub.uni-muenchen.de/29194/1/MPRA_paper_29194.pdf","pdf_url":"https://mpra.ub.uni-muenchen.de/29194/1/MPRA_paper_29194.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":"mag:2252053384","doi":null,"is_oa":false,"landing_page_url":"https://EconPapers.repec.org/RePEc:pra:mprapa:29194","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":"pmh:oai:RePEc:taf:applec:44:y:2012:i:35:p:4617-4629","doi":null,"is_oa":false,"landing_page_url":"http://hdl.handle.net/10.1080/00036846.2011.593500","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":{"id":"pmh:oai:RePEc:pra:mprapa:29194","doi":null,"is_oa":true,"landing_page_url":"https://mpra.ub.uni-muenchen.de/29194/1/MPRA_paper_29194.pdf","pdf_url":"https://mpra.ub.uni-muenchen.de/29194/1/MPRA_paper_29194.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"},"sustainable_development_goals":[{"display_name":"Decent work and economic growth","id":"https://metadata.un.org/sdg/8","score":0.48510000109672546}],"sustainable_development_goals_aurora":[{"display_name":"Industry, innovation and infrastructure","id":"https://metadata.un.org/sdg/9","score":0.6700000166893005}],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":true,"grobid_xml":true},"content_urls":{"pdf":"https://content.openalex.org/works/W2088965705.pdf","grobid_xml":"https://content.openalex.org/works/W2088965705.grobid-xml"},"referenced_works_count":32,"referenced_works":["https://openalex.org/W1502639405","https://openalex.org/W1520428163","https://openalex.org/W1537192206","https://openalex.org/W1545096802","https://openalex.org/W1550719789","https://openalex.org/W1566331826","https://openalex.org/W1871135181","https://openalex.org/W1969744543","https://openalex.org/W1970349570","https://openalex.org/W1978594532","https://openalex.org/W1997339175","https://openalex.org/W2009572833","https://openalex.org/W2020719397","https://openalex.org/W2034707435","https://openalex.org/W2036776347","https://openalex.org/W2038257846","https://openalex.org/W2068179363","https://openalex.org/W2068616017","https://openalex.org/W2095503297","https://openalex.org/W2106972544","https://openalex.org/W2114425636","https://openalex.org/W2123908125","https://openalex.org/W2125331782","https://openalex.org/W2313819453","https://openalex.org/W2890010162","https://openalex.org/W3122924043","https://openalex.org/W3123302376","https://openalex.org/W3123678320","https://openalex.org/W3123833473","https://openalex.org/W3124550551","https://openalex.org/W3125543806","https://openalex.org/W4301811715"],"related_works":["https://openalex.org/W2081526317","https://openalex.org/W2114044120","https://openalex.org/W2357284377","https://openalex.org/W2954299885","https://openalex.org/W377256130","https://openalex.org/W3008015008","https://openalex.org/W2808925910","https://openalex.org/W2114840129","https://openalex.org/W1995479541","https://openalex.org/W2104354332"],"abstract_inverted_index":{"This":[0],"article":[1],"studies":[2],"the":[3,24,35,56],"effect":[4],"that":[5],"financial":[6,54,72,80],"innovation,":[7,55],"which":[8],"has":[9,16],"been":[10],"very":[11,92],"common":[12],"in":[13,34,85],"recent":[14,98],"years,":[15],"on":[17],"money.":[18],"Using":[19],"Japanese":[20],"regional":[21],"data":[22],"and":[23],"money":[25],"demand":[26,77,87],"specification,":[27],"we":[28],"first":[29],"provide":[30],"evidence":[31,68],"of":[32,53,71],"instability":[33],"simple":[36],"money-output":[37],"relationship.":[38],"However,":[39],"when":[40],"this":[41,83],"relationship":[42],"is":[43,58,69],"extended":[44],"to":[45,60,75,90,95],"include":[46],"a":[47,50],"proxy":[48],"for":[49,78],"comprehensive":[51],"measure":[52],"model":[57],"found":[59],"be":[61],"stable.":[62],"Furthermore,":[63],"consistent":[64],"with":[65],"economic":[66],"theory,":[67],"obtained":[70],"innovation":[73],"leading":[74],"decreased":[76],"liquid":[79],"assets.":[81],"In":[82],"respect,":[84],"Japan":[86],"deposits":[88],"seem":[89],"possess":[91],"similar":[93],"characteristics":[94],"cash":[96],"over":[97],"years.":[99]},"counts_by_year":[{"year":2026,"cited_by_count":2},{"year":2025,"cited_by_count":1},{"year":2024,"cited_by_count":1},{"year":2022,"cited_by_count":2},{"year":2021,"cited_by_count":1},{"year":2020,"cited_by_count":1},{"year":2019,"cited_by_count":2},{"year":2018,"cited_by_count":3},{"year":2017,"cited_by_count":1},{"year":2016,"cited_by_count":1},{"year":2013,"cited_by_count":1}],"updated_date":"2026-10-30T12:39:25.321706","created_date":"2016-06-24T00:00:00"}
