{"id":"https://openalex.org/W2152487922","doi":"https://doi.org/10.2139/ssrn.383480","title":"Squeezing the Interest Rate Smoothing Weight with a Hybrid Expectations Model","display_name":"Squeezing the Interest Rate Smoothing Weight with a Hybrid Expectations Model","publication_year":2003,"publication_date":"2003-01-01","ids":{"openalex":"https://openalex.org/W2152487922","doi":"https://doi.org/10.2139/ssrn.383480","mag":"2152487922"},"language":"en","primary_location":{"id":"doi:10.2139/ssrn.383480","doi":"https://doi.org/10.2139/ssrn.383480","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.383480","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":"acceptedVersion","is_accepted":true,"is_published":false,"raw_source_name":null,"raw_type":"posted-content"},"volume":null,"type":"preprint","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://doi.org/10.2139/ssrn.383480","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5024737956","display_name":"Efrem Castelnuovo","orcid":"https://orcid.org/0000-0001-5141-5167","observed_orcids":["https://orcid.org/0000-0001-5141-5167","https://orcid.org/0000-0003-1516-3868"]},"institutions":[{"id":"https://openalex.org/I138689650","display_name":"University of Padua","ror":"https://ror.org/00240q980","country_code":"IT","type":"education","lineage":["https://openalex.org/I138689650"]}],"countries":["IT"],"is_corresponding":true,"raw_author_name":"Efrem Castelnuovo","raw_affiliation_strings":["University of Padua - Department of Economics, via Del Santo 33, Padova, 35123, Italy","University of Padua - Department of Economics"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"University of Padua - Department of Economics, via Del Santo 33, Padova, 35123, Italy","institution_ids":["https://openalex.org/I138689650"]},{"raw_affiliation_string":"University of Padua - Department of Economics","institution_ids":["https://openalex.org/I138689650"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5024737956"],"corresponding_institution_ids":["https://openalex.org/I138689650"],"apc_list":null,"apc_paid":null,"fwci":null,"has_fulltext":true,"cited_by_count":13,"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":0.9994999766349792,"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/T12137","display_name":"Economic theories and models","score":9.999999747378752e-05,"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":0.0,"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/interest-rate-smoothing","display_name":"interest rate smoothing","score":0.9950000047683716},{"id":"https://openalex.org/keywords/rational-expectations","display_name":"rational expectations","score":0.8399999737739563},{"id":"https://openalex.org/keywords/adaptive-expectations","display_name":"adaptive expectations","score":1.0},{"id":"https://openalex.org/keywords/federal-funds-rate","display_name":"federal funds rate","score":0.7070000171661377},{"id":"https://openalex.org/keywords/central-bank-policy","display_name":"central bank policy","score":0.4909999966621399},{"id":"https://openalex.org/keywords/inflation-targeting","display_name":"inflation targeting","score":0.6909999847412109},{"id":"https://openalex.org/keywords/output-gap","display_name":"output gap","score":0.8970000147819519},{"id":"https://openalex.org/keywords/inflation","display_name":"inflation","score":0.6340000033378601},{"id":"https://openalex.org/keywords/federal-reserve","display_name":"Federal Reserve","score":0.6010000109672546},{"id":"https://openalex.org/keywords/greenspan","display_name":"Greenspan","score":0.8479999899864197}],"concepts":[{"id":"https://openalex.org/C3770464","wikidata":"https://www.wikidata.org/wiki/Q775963","display_name":"Smoothing","level":2,"score":0.5225586295127869},{"id":"https://openalex.org/C175025494","wikidata":"https://www.wikidata.org/wiki/Q179179","display_name":"Interest rate","level":2,"score":0.48305970430374146},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.46381422877311707},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.43994519114494324},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.3221851587295532},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.28988105058670044},{"id":"https://openalex.org/C105795698","wikidata":"https://www.wikidata.org/wiki/Q12483","display_name":"Statistics","level":1,"score":0.2672835886478424},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.24198132753372192}],"mesh":[],"locations_count":5,"locations":[{"id":"doi:10.2139/ssrn.383480","doi":"https://doi.org/10.2139/ssrn.383480","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.383480","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":"acceptedVersion","is_accepted":true,"is_published":false,"raw_source_name":null,"raw_type":"posted-content"},{"id":"pmh:oai:RePEc:fem:femwpa:2003.6","doi":null,"is_oa":true,"landing_page_url":"https://feem-media.s3.eu-central-1.amazonaws.com/wp-content/uploads/NDL2003-006.pdf","pdf_url":"https://www.feem.it/m/publications_pages/NDL2003-006.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:RePEc:wpa:wuwpma:0211006","doi":null,"is_oa":false,"landing_page_url":"https://econwpa.ub.uni-muenchen.de/econ-wp/mac/papers/0211/0211006.pdf","pdf_url":"https://econwpa.ub.uni-muenchen.de/econ-wp/mac/papers/0211/0211006.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:3122994835","doi":null,"is_oa":false,"landing_page_url":"https://econpapers.repec.org/RePEc:fem:femwpa:2003.6","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:econstor.eu:10419/118033","doi":null,"is_oa":false,"landing_page_url":"http://hdl.handle.net/10419/118033","pdf_url":null,"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"}],"best_oa_location":{"id":"doi:10.2139/ssrn.383480","doi":"https://doi.org/10.2139/ssrn.383480","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.383480","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":"acceptedVersion","is_accepted":true,"is_published":false,"raw_source_name":null,"raw_type":"posted-content"},"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[{"id":"https://openalex.org/F4320323910","display_name":"Institut National de la Recherche Agronomique","ror":"https://ror.org/01x3gbx83"},{"id":"https://openalex.org/F4320338080","display_name":"European Social Fund","ror":"https://ror.org/00k4n6c32"}],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":39,"referenced_works":["https://openalex.org/W570914784","https://openalex.org/W1479821893","https://openalex.org/W1484591850","https://openalex.org/W1504905409","https://openalex.org/W1515189488","https://openalex.org/W1536044362","https://openalex.org/W1564118389","https://openalex.org/W1565601018","https://openalex.org/W1584316650","https://openalex.org/W1601936990","https://openalex.org/W2023124616","https://openalex.org/W2040691865","https://openalex.org/W2041565371","https://openalex.org/W2049892195","https://openalex.org/W2070720254","https://openalex.org/W2087373137","https://openalex.org/W2091748008","https://openalex.org/W2102210633","https://openalex.org/W2110114533","https://openalex.org/W2117472037","https://openalex.org/W2144706793","https://openalex.org/W2147074014","https://openalex.org/W2147644661","https://openalex.org/W2149792662","https://openalex.org/W2152893593","https://openalex.org/W2170749985","https://openalex.org/W2892347462","https://openalex.org/W3109350175","https://openalex.org/W3121180847","https://openalex.org/W3121279500","https://openalex.org/W3121332974","https://openalex.org/W3121684170","https://openalex.org/W3122056445","https://openalex.org/W3122089058","https://openalex.org/W3122147081","https://openalex.org/W3123147528","https://openalex.org/W3124117255","https://openalex.org/W4210365901","https://openalex.org/W4247168549"],"related_works":["https://openalex.org/W3122391199","https://openalex.org/W7099870387","https://openalex.org/W2081102312","https://openalex.org/W7000500012","https://openalex.org/W7101120408","https://openalex.org/W7095215735","https://openalex.org/W1559388211","https://openalex.org/W2933060857","https://openalex.org/W7099770026","https://openalex.org/W1605575600"],"abstract_inverted_index":null,"counts_by_year":[{"year":2021,"cited_by_count":1},{"year":2019,"cited_by_count":1},{"year":2012,"cited_by_count":1}],"updated_date":"2026-10-16T09:59:22.235173","created_date":"2016-06-24T00:00:00"}