{"id":"https://openalex.org/W2147289231","doi":"https://doi.org/10.2139/ssrn.2358394","title":"Macroeconomic and Monetary Policy Surprises and the Term Structure of Interest Rates","display_name":"Macroeconomic and Monetary Policy Surprises and the Term Structure of Interest Rates","publication_year":2013,"publication_date":"2013-01-01","ids":{"openalex":"https://openalex.org/W2147289231","doi":"https://doi.org/10.2139/ssrn.2358394","mag":"2147289231"},"language":"en","primary_location":{"id":"doi:10.2139/ssrn.2358394","doi":"https://doi.org/10.2139/ssrn.2358394","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.2358394","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"},"volume":null,"type":"preprint","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://doi.org/10.2139/ssrn.2358394","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5062908862","display_name":"Marcello Pericoli","orcid":"https://orcid.org/0000-0002-3054-8582","observed_orcids":["https://orcid.org/0000-0002-3054-8582"]},"institutions":[{"id":"https://openalex.org/I103737770","display_name":"Bank of Italy","ror":"https://ror.org/03v2nbx43","country_code":"IT","type":"funder","lineage":["https://openalex.org/I103737770"]}],"countries":["IT"],"is_corresponding":true,"raw_author_name":"Marcello Pericoli","raw_affiliation_strings":["Bank of Italy, Via Nazionale 91, 00184 Roma, Italy","Bank of Italy"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Bank of Italy, Via Nazionale 91, 00184 Roma, Italy","institution_ids":["https://openalex.org/I103737770"]},{"raw_affiliation_string":"Bank of Italy","institution_ids":["https://openalex.org/I103737770"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5062908862"],"corresponding_institution_ids":["https://openalex.org/I103737770"],"apc_list":null,"apc_paid":null,"fwci":null,"has_fulltext":false,"cited_by_count":15,"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":0.9761000275611877,"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":0.9761000275611877,"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/T11059","display_name":"Market Dynamics and Volatility","score":0.007300000172108412,"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/T10047","display_name":"Financial Markets and Investment Strategies","score":0.007199999876320362,"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"}}],"keywords":[{"id":"https://openalex.org/keywords/macroeconomic-surprises","display_name":"macroeconomic surprises","score":0.8379999995231628},{"id":"https://openalex.org/keywords/monetary-policy-surprises","display_name":"monetary policy surprises","score":0.9959999918937683},{"id":"https://openalex.org/keywords/term-structure-of-interest-rates","display_name":"term structure of interest rates","score":0.9950000047683716},{"id":"https://openalex.org/keywords/inflation-expectations","display_name":"inflation expectations","score":0.8080000281333923},{"id":"https://openalex.org/keywords/inflation-risk-premium","display_name":"inflation risk premium","score":0.8149999976158142},{"id":"https://openalex.org/keywords/real-interest-rates","display_name":"real interest rates","score":0.6970000267028809},{"id":"https://openalex.org/keywords/nominal-interest-rates","display_name":"nominal interest rates","score":0.7590000033378601},{"id":"https://openalex.org/keywords/unconventional-monetary-policy","display_name":"unconventional monetary policy","score":0.7559999823570251},{"id":"https://openalex.org/keywords/financial-crises","display_name":"financial crisis","score":0.625},{"id":"https://openalex.org/keywords/inflation-anchoring","display_name":"inflation anchoring","score":0.6869999766349792},{"id":"https://openalex.org/keywords/euro-area","display_name":"euro area","score":0.7699999809265137},{"id":"https://openalex.org/keywords/united-states","display_name":"United States","score":0.9990000128746033}],"concepts":[{"id":"https://openalex.org/C61797465","wikidata":"https://www.wikidata.org/wiki/Q1188986","display_name":"Term (time)","level":2,"score":0.7087473273277283},{"id":"https://openalex.org/C126285488","wikidata":"https://www.wikidata.org/wiki/Q178476","display_name":"Monetary policy","level":2,"score":0.6875722408294678},{"id":"https://openalex.org/C176230804","wikidata":"https://www.wikidata.org/wiki/Q205257","display_name":"Yield curve","level":3,"score":0.6725236773490906},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.6714528799057007},{"id":"https://openalex.org/C175025494","wikidata":"https://www.wikidata.org/wiki/Q179179","display_name":"Interest rate","level":2,"score":0.6464126706123352},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.5125824809074402},{"id":"https://openalex.org/C165556158","wikidata":"https://www.wikidata.org/wiki/Q83937","display_name":"Keynesian economics","level":1,"score":0.41755348443984985},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.3844602406024933},{"id":"https://openalex.org/C121332964","wikidata":"https://www.wikidata.org/wiki/Q413","display_name":"Physics","level":0,"score":0.0},{"id":"https://openalex.org/C62520636","wikidata":"https://www.wikidata.org/wiki/Q944","display_name":"Quantum mechanics","level":1,"score":0.0}],"mesh":[],"locations_count":3,"locations":[{"id":"doi:10.2139/ssrn.2358394","doi":"https://doi.org/10.2139/ssrn.2358394","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.2358394","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:bdi:wptemi:td_927_13","doi":null,"is_oa":false,"landing_page_url":"http://www.bancaditalia.it/pubblicazioni/temi-discussione/2013/2013-0927/en_tema_927.pdf","pdf_url":"http://www.bancaditalia.it/pubblicazioni/temi-discussione/2013/2013-0927/en_tema_927.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:3124287382","doi":null,"is_oa":false,"landing_page_url":"https://econpapers.repec.org/paper/bdiwptemi/td_5f927_5f13.htm","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}],"best_oa_location":{"id":"doi:10.2139/ssrn.2358394","doi":"https://doi.org/10.2139/ssrn.2358394","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.2358394","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":[{"display_name":"Decent work and economic growth","score":0.6600000262260437,"id":"https://metadata.un.org/sdg/8"}],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":184,"referenced_works":["https://openalex.org/W1480412161","https://openalex.org/W1488817297","https://openalex.org/W1495848172","https://openalex.org/W1505095510","https://openalex.org/W1507434592","https://openalex.org/W1511891350","https://openalex.org/W1515198480","https://openalex.org/W1522720998","https://openalex.org/W1528985158","https://openalex.org/W1544766717","https://openalex.org/W1547761672","https://openalex.org/W1570823546","https://openalex.org/W1578038627","https://openalex.org/W1582411386","https://openalex.org/W1583936989","https://openalex.org/W1661417540","https://openalex.org/W1737593579","https://openalex.org/W1792043080","https://openalex.org/W1885335836","https://openalex.org/W1899035920","https://openalex.org/W1925520895","https://openalex.org/W1944745701","https://openalex.org/W1961320983","https://openalex.org/W1973235620","https://openalex.org/W1977398734","https://openalex.org/W1983582422","https://openalex.org/W1984973403","https://openalex.org/W1986555661","https://openalex.org/W1991595204","https://openalex.org/W1992883183","https://openalex.org/W1996359194","https://openalex.org/W1996455761","https://openalex.org/W2001340398","https://openalex.org/W2002207054","https://openalex.org/W2005269096","https://openalex.org/W2010690772","https://openalex.org/W2012657221","https://openalex.org/W2013719655","https://openalex.org/W2016288883","https://openalex.org/W2017170340","https://openalex.org/W2030775385","https://openalex.org/W2035232035","https://openalex.org/W2036487425","https://openalex.org/W2036658875","https://openalex.org/W2046642923","https://openalex.org/W2047499452","https://openalex.org/W2053260031","https://openalex.org/W2060807822","https://openalex.org/W2070666666","https://openalex.org/W2077014905","https://openalex.org/W2077133843","https://openalex.org/W2077470997","https://openalex.org/W2079544184","https://openalex.org/W2086593227","https://openalex.org/W2090017049","https://openalex.org/W2091547290","https://openalex.org/W2093168154","https://openalex.org/W2100853691","https://openalex.org/W2103181370","https://openalex.org/W2109026940","https://openalex.org/W2112664677","https://openalex.org/W2116279209","https://openalex.org/W2117086116","https://openalex.org/W2120426658","https://openalex.org/W2120602346","https://openalex.org/W2122801311","https://openalex.org/W2123053201","https://openalex.org/W2125336002","https://openalex.org/W2127443925","https://openalex.org/W2128157748","https://openalex.org/W2128437406","https://openalex.org/W2129377738","https://openalex.org/W2129613398","https://openalex.org/W2130206709","https://openalex.org/W2133249289","https://openalex.org/W2133744398","https://openalex.org/W2133786319","https://openalex.org/W2135314129","https://openalex.org/W2137363566","https://openalex.org/W2139318206","https://openalex.org/W2141450076","https://openalex.org/W2143103520","https://openalex.org/W2145146777","https://openalex.org/W2145753566","https://openalex.org/W2146328169","https://openalex.org/W2149404498","https://openalex.org/W2150528375","https://openalex.org/W2150751859","https://openalex.org/W2152710485","https://openalex.org/W2154270784","https://openalex.org/W2154279150","https://openalex.org/W2155446314","https://openalex.org/W2156923063","https://openalex.org/W2159172449","https://openalex.org/W2159299313","https://openalex.org/W2163816607","https://openalex.org/W2164777891","https://openalex.org/W2169991727","https://openalex.org/W2170632141","https://openalex.org/W2171691599","https://openalex.org/W2172237672","https://openalex.org/W2248118396","https://openalex.org/W2265980668","https://openalex.org/W2267544686","https://openalex.org/W2324242192","https://openalex.org/W2326222700","https://openalex.org/W2327766645","https://openalex.org/W2329403633","https://openalex.org/W2407647477","https://openalex.org/W2554318478","https://openalex.org/W2570481437","https://openalex.org/W2890843626","https://openalex.org/W3023677150","https://openalex.org/W3121142277","https://openalex.org/W3121149421","https://openalex.org/W3121155817","https://openalex.org/W3121180225","https://openalex.org/W3121192824","https://openalex.org/W3121243943","https://openalex.org/W3121347904","https://openalex.org/W3121537767","https://openalex.org/W3121567201","https://openalex.org/W3121625012","https://openalex.org/W3121751856","https://openalex.org/W3121862528","https://openalex.org/W3121928265","https://openalex.org/W3121982094","https://openalex.org/W3122152508","https://openalex.org/W3122198848","https://openalex.org/W3122215021","https://openalex.org/W3122247972","https://openalex.org/W3122257378","https://openalex.org/W3122276724","https://openalex.org/W3122300265","https://openalex.org/W3122455609","https://openalex.org/W3122555287","https://openalex.org/W3122612087","https://openalex.org/W3122630951","https://openalex.org/W3122655844","https://openalex.org/W3122662698","https://openalex.org/W3122712673","https://openalex.org/W3122751115","https://openalex.org/W3122846597","https://openalex.org/W3122902848","https://openalex.org/W3122972899","https://openalex.org/W3123017787","https://openalex.org/W3123035284","https://openalex.org/W3123110719","https://openalex.org/W3123137575","https://openalex.org/W3123149753","https://openalex.org/W3123212683","https://openalex.org/W3123216131","https://openalex.org/W3123218843","https://openalex.org/W3123271248","https://openalex.org/W3123409901","https://openalex.org/W3123476736","https://openalex.org/W3123498908","https://openalex.org/W3123557714","https://openalex.org/W3123601538","https://openalex.org/W3123694240","https://openalex.org/W3123936533","https://openalex.org/W3123975874","https://openalex.org/W3124012816","https://openalex.org/W3124121358","https://openalex.org/W3124150024","https://openalex.org/W3124214193","https://openalex.org/W3124324983","https://openalex.org/W3124575407","https://openalex.org/W3124831375","https://openalex.org/W3124874760","https://openalex.org/W3125050320","https://openalex.org/W3125221697","https://openalex.org/W3125343312","https://openalex.org/W3125515817","https://openalex.org/W3125685982","https://openalex.org/W3125691052","https://openalex.org/W3125890732","https://openalex.org/W3142262186","https://openalex.org/W4240784620","https://openalex.org/W4249545201","https://openalex.org/W4285719527","https://openalex.org/W4292027056","https://openalex.org/W4297810537","https://openalex.org/W4298357041"],"related_works":["https://openalex.org/W1594325166","https://openalex.org/W4253642360","https://openalex.org/W2252315542","https://openalex.org/W1925520895","https://openalex.org/W2233894735","https://openalex.org/W1571060990","https://openalex.org/W7169683461","https://openalex.org/W646159845","https://openalex.org/W2073706081","https://openalex.org/W7097234335"],"abstract_inverted_index":null,"counts_by_year":[{"year":2014,"cited_by_count":10},{"year":2013,"cited_by_count":5}],"updated_date":"2026-10-16T09:59:22.235173","created_date":"2016-06-24T00:00:00"}