{"id":"https://openalex.org/W2156046992","doi":null,"title":"Monetary Policy in a Small Economy after Tsunami: A New Consensus on the Horizon? *","display_name":"Monetary Policy in a Small Economy after Tsunami: A New Consensus on the Horizon? *","publication_year":2011,"publication_date":"2011-01-01","ids":{"openalex":"https://openalex.org/W2156046992","mag":"2156046992"},"language":"en","primary_location":{"id":"pmh:oai:dspace.vsb.cz:10084/116345","doi":null,"is_oa":true,"landing_page_url":"http://hdl.handle.net/10084/116345","pdf_url":null,"source":{"id":"https://openalex.org/S4306401668","display_name":"DSpace V\u0160B-TUO (V\u0160B-TUO)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I142208455","host_organization_name":"VSB - Technical University of Ostrava","host_organization_lineage":["https://openalex.org/I142208455"],"host_organization_lineage_names":[],"type":"repository"},"license":"other-oa","license_id":"https://openalex.org/licenses/other-oa","version":"acceptedVersion","is_accepted":true,"is_published":false,"raw_source_name":"","raw_type":"article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":[],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"http://hdl.handle.net/10084/116345","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5000438900","display_name":"Jan Frait","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Jan Frait","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]},{"author_position":"middle","author":{"id":"https://openalex.org/A5020156730","display_name":"Zlatu\u0161e Kom\u00e1rkov\u00e1","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Zlatu\u0161e Kom\u00e1rkov\u00e1","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]},{"author_position":"last","author":{"id":"https://openalex.org/A5075014311","display_name":"Lubo\u0161 Kom\u00e1rek","orcid":"https://orcid.org/0000-0002-7877-0844","observed_orcids":["https://orcid.org/0000-0002-7877-0844"]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Lubo\u0161 Kom\u00e1rek","raw_affiliation_strings":[],"raw_orcid":"https://orcid.org/0000-0002-7877-0844","affiliations":[]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":4.6043,"has_fulltext":false,"cited_by_count":9,"citation_normalized_percentile":{"value":0.95591199,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":88,"max":97},"biblio":{"volume":"61","issue":"1","first_page":"5","last_page":"33"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.9965999722480774,"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":0.9965999722480774,"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/T10503","display_name":"Global Financial Crisis and Policies","score":0.002199999988079071,"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/T14166","display_name":"European Monetary and Fiscal Policies","score":0.00019999999494757503,"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/monetary-policy","display_name":"monetary policy","score":0.9879999756813049},{"id":"https://openalex.org/keywords/small-open-economy","display_name":"small open economy","score":0.722000002861023},{"id":"https://openalex.org/keywords/2004-indian-ocean-tsunami","display_name":"2004 Indian Ocean tsunami","score":0.8759999871253967},{"id":"https://openalex.org/keywords/financial-crises","display_name":"financial crisis","score":0.7739999890327454},{"id":"https://openalex.org/keywords/asset-prices","display_name":"asset prices","score":0.7210000157356262},{"id":"https://openalex.org/keywords/financial-stability","display_name":"financial stability","score":1.0},{"id":"https://openalex.org/keywords/inflation-targeting","display_name":"inflation targeting","score":0.8059999942779541},{"id":"https://openalex.org/keywords/leaning-against-the-wind","display_name":"leaning against the wind","score":0.8100000023841858},{"id":"https://openalex.org/keywords/central-bank-policy","display_name":"central bank policy","score":0.43299999833106995},{"id":"https://openalex.org/keywords/second-best-policy","display_name":"second-best policy","score":0.7440000176429749},{"id":"https://openalex.org/keywords/price-setting","display_name":"price setting","score":0.35100001096725464}],"concepts":[{"id":"https://openalex.org/C126285488","wikidata":"https://www.wikidata.org/wiki/Q178476","display_name":"Monetary policy","level":2,"score":0.8131378889083862},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.6697809100151062},{"id":"https://openalex.org/C2779343474","wikidata":"https://www.wikidata.org/wiki/Q3109175","display_name":"Context (archaeology)","level":2,"score":0.6350427269935608},{"id":"https://openalex.org/C200941418","wikidata":"https://www.wikidata.org/wiki/Q273508","display_name":"Inflation (cosmology)","level":2,"score":0.6123259663581848},{"id":"https://openalex.org/C185824701","wikidata":"https://www.wikidata.org/wiki/Q1193759","display_name":"Inflation targeting","level":3,"score":0.6049544811248779},{"id":"https://openalex.org/C76178495","wikidata":"https://www.wikidata.org/wiki/Q4808784","display_name":"Asset (computer security)","level":2,"score":0.54093337059021},{"id":"https://openalex.org/C2777883944","wikidata":"https://www.wikidata.org/wiki/Q7543547","display_name":"Small open economy","level":3,"score":0.5137094259262085},{"id":"https://openalex.org/C2778300220","wikidata":"https://www.wikidata.org/wiki/Q114380","display_name":"Financial crisis","level":2,"score":0.4834388196468353},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.4790988266468048},{"id":"https://openalex.org/C188466206","wikidata":"https://www.wikidata.org/wiki/Q7242626","display_name":"Price of stability","level":3,"score":0.4521224796772003},{"id":"https://openalex.org/C2992337254","wikidata":"https://www.wikidata.org/wiki/Q31275820","display_name":"Financial stability","level":2,"score":0.4291125535964966},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.3480188846588135},{"id":"https://openalex.org/C73283319","wikidata":"https://www.wikidata.org/wiki/Q1416617","display_name":"Financial system","level":1,"score":0.2226945161819458},{"id":"https://openalex.org/C38652104","wikidata":"https://www.wikidata.org/wiki/Q3510521","display_name":"Computer security","level":1,"score":0.0},{"id":"https://openalex.org/C33332235","wikidata":"https://www.wikidata.org/wiki/Q18362","display_name":"Theoretical physics","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},{"id":"https://openalex.org/C86803240","wikidata":"https://www.wikidata.org/wiki/Q420","display_name":"Biology","level":0,"score":0.0},{"id":"https://openalex.org/C151730666","wikidata":"https://www.wikidata.org/wiki/Q7205","display_name":"Paleontology","level":1,"score":0.0},{"id":"https://openalex.org/C121332964","wikidata":"https://www.wikidata.org/wiki/Q413","display_name":"Physics","level":0,"score":0.0}],"mesh":[],"locations_count":3,"locations":[{"id":"pmh:oai:dspace.vsb.cz:10084/116345","doi":null,"is_oa":true,"landing_page_url":"http://hdl.handle.net/10084/116345","pdf_url":null,"source":{"id":"https://openalex.org/S4306401668","display_name":"DSpace V\u0160B-TUO (V\u0160B-TUO)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I142208455","host_organization_name":"VSB - Technical University of Ostrava","host_organization_lineage":["https://openalex.org/I142208455"],"host_organization_lineage_names":[],"type":"repository"},"license":"other-oa","license_id":"https://openalex.org/licenses/other-oa","version":"acceptedVersion","is_accepted":true,"is_published":false,"raw_source_name":"","raw_type":"article"},{"id":"pmh:oai:RePEc:fau:fauart:v:61:y:2011:i:1:p:5-33","doi":null,"is_oa":false,"landing_page_url":"http://journal.fsv.cuni.cz/storage/1202_frait.pdf","pdf_url":"http://journal.fsv.cuni.cz/storage/1202_frait.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":"article"},{"id":"mag:2156046992","doi":null,"is_oa":false,"landing_page_url":"http://journal.fsv.cuni.cz/storage/1202_frait.pdf","pdf_url":null,"source":{"id":"https://openalex.org/S2764556188","display_name":"Czech Journal of Economics and Finance","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["cwts-core"],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Czech Journal of Economics and Finance","raw_type":null}],"best_oa_location":{"id":"pmh:oai:dspace.vsb.cz:10084/116345","doi":null,"is_oa":true,"landing_page_url":"http://hdl.handle.net/10084/116345","pdf_url":null,"source":{"id":"https://openalex.org/S4306401668","display_name":"DSpace V\u0160B-TUO (V\u0160B-TUO)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I142208455","host_organization_name":"VSB - Technical University of Ostrava","host_organization_lineage":["https://openalex.org/I142208455"],"host_organization_lineage_names":[],"type":"repository"},"license":"other-oa","license_id":"https://openalex.org/licenses/other-oa","version":"acceptedVersion","is_accepted":true,"is_published":false,"raw_source_name":"","raw_type":"article"},"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":51,"referenced_works":["https://openalex.org/W224774902","https://openalex.org/W590774709","https://openalex.org/W610021501","https://openalex.org/W1486404282","https://openalex.org/W1492960432","https://openalex.org/W1507834415","https://openalex.org/W1518424765","https://openalex.org/W1532758485","https://openalex.org/W1539879705","https://openalex.org/W1542593364","https://openalex.org/W1562272616","https://openalex.org/W1577902411","https://openalex.org/W1586351265","https://openalex.org/W1586795096","https://openalex.org/W1597974563","https://openalex.org/W1605678932","https://openalex.org/W1608247921","https://openalex.org/W1936266449","https://openalex.org/W1939907922","https://openalex.org/W1965281658","https://openalex.org/W1986510222","https://openalex.org/W2034309299","https://openalex.org/W2045504774","https://openalex.org/W2075588625","https://openalex.org/W2095678191","https://openalex.org/W2100990328","https://openalex.org/W2103191126","https://openalex.org/W2138989197","https://openalex.org/W2144395073","https://openalex.org/W2151496581","https://openalex.org/W2157199188","https://openalex.org/W2744243155","https://openalex.org/W3121142068","https://openalex.org/W3121414470","https://openalex.org/W3121466646","https://openalex.org/W3121772190","https://openalex.org/W3121935849","https://openalex.org/W3121985012","https://openalex.org/W3122320726","https://openalex.org/W3122333375","https://openalex.org/W3122732029","https://openalex.org/W3122920447","https://openalex.org/W3123015647","https://openalex.org/W3123229872","https://openalex.org/W3123238337","https://openalex.org/W3123263726","https://openalex.org/W3123345543","https://openalex.org/W3124807657","https://openalex.org/W3125135614","https://openalex.org/W3125344876","https://openalex.org/W3126096585"],"related_works":["https://openalex.org/W3140141152","https://openalex.org/W2407263769","https://openalex.org/W3125151731","https://openalex.org/W3168807595","https://openalex.org/W1574176155","https://openalex.org/W2954482188","https://openalex.org/W3121825885","https://openalex.org/W2589781905","https://openalex.org/W1547213793","https://openalex.org/W635208734"],"abstract_inverted_index":{"The":[0,46],"last":[1],"financial":[2,16,30],"crisis":[3],"significantly":[4],"changed":[5],"views":[6],"concerning":[7],"the":[8,20,24,35,43,59,72,78,83,98,108,111],"relationship":[9],"between":[10],"monetary":[11,26,87],"policy,":[12],"asset":[13],"prices":[14],"and":[15,33,65,80,95],"stability":[17],"We":[18,68],"survey":[19],"pre-crisis":[21],"opinions":[22],"on":[23],"appropriate":[25],"policy":[27],"reactions":[28,85],"to":[29,70,77,107,126],"market":[31],"developments":[32],"delineate":[34],"new":[36,47],"consensus":[37,48],"which":[38,58],"is":[39,49],"currently":[40],"emerging":[41],"from":[42],"lessons":[44],"taken.":[45],"an":[50],"amended":[51],"model":[52],"of":[53,86,110],"flexible":[54],"inflation":[55],"targeting":[56],"in":[57,89],"central":[60,114],"bank":[61],"\"should":[62],"sometimes":[63,97],"lean":[64],"can":[66],"clean\".":[67],"try":[69],"add":[71],"small":[73,90],"open":[74,91],"economy":[75],"context":[76],"debate":[79],"demonstrate":[81],"that":[82,96],"optimal":[84,99],"policy-makers":[88],"economies":[92],"may":[93,101],"differ":[94],"solution":[100],"not":[102],"even":[103],"be":[104,127],"available":[105],"due":[106],"policies":[109,124],"key":[112],"world":[113],"banks":[115],"acting":[116],"as":[117],"price":[118],"makers.":[119],"In":[120],"such":[121],"instances,":[122],"second-best":[123],"have":[125],"considered.":[128]},"counts_by_year":[{"year":2023,"cited_by_count":1},{"year":2017,"cited_by_count":1},{"year":2015,"cited_by_count":1},{"year":2013,"cited_by_count":3},{"year":2012,"cited_by_count":2}],"updated_date":"2026-11-04T10:54:05.112534","created_date":"2016-06-24T00:00:00"}