{"id":"https://openalex.org/W2286901630","doi":"https://doi.org/10.2139/ssrn.2747865","title":"Adverse Effects of Ultra-Loose Monetary Policies on Investment, Growth and Income Distribution","display_name":"Adverse Effects of Ultra-Loose Monetary Policies on Investment, Growth and Income Distribution","publication_year":2016,"publication_date":"2016-01-01","ids":{"openalex":"https://openalex.org/W2286901630","doi":"https://doi.org/10.2139/ssrn.2747865","mag":"2286901630"},"language":"en","primary_location":{"id":"doi:10.2139/ssrn.2747865","doi":"https://doi.org/10.2139/ssrn.2747865","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.2747865","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","is_traditional":true,"indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://doi.org/10.2139/ssrn.2747865","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5101973415","display_name":"Andreas Hoffmann","orcid":"https://orcid.org/0000-0002-4104-6959","observed_orcids":["https://orcid.org/0000-0002-4104-6959"]},"institutions":[{"id":"https://openalex.org/I926574661","display_name":"Leipzig University","ror":"https://ror.org/03s7gtk40","country_code":"DE","type":"education","lineage":["https://openalex.org/I926574661"]}],"countries":["DE"],"is_corresponding":false,"raw_author_name":"Andreas Hoffmann","raw_affiliation_strings":["Leipzig University"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Leipzig University","institution_ids":["https://openalex.org/I926574661"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5069185836","display_name":"Gunther Schnabl","orcid":"https://orcid.org/0000-0001-5119-0682","observed_orcids":["https://orcid.org/0000-0001-5119-0682"]},"institutions":[{"id":"https://openalex.org/I926574661","display_name":"Leipzig University","ror":"https://ror.org/03s7gtk40","country_code":"DE","type":"education","lineage":["https://openalex.org/I926574661"]}],"countries":["DE"],"is_corresponding":true,"raw_author_name":"Gunther Schnabl","raw_affiliation_strings":["Flossbach von Storch Research Institute","University of Leipzig - Institute for Economic Policy"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Flossbach von Storch Research Institute","institution_ids":[]},{"raw_affiliation_string":"University of Leipzig - Institute for Economic Policy","institution_ids":["https://openalex.org/I926574661"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5069185836"],"corresponding_institution_ids":["https://openalex.org/I926574661"],"apc_list":null,"apc_paid":null,"fwci":null,"has_fulltext":false,"cited_by_count":10,"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":0.9253000020980835,"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":0.9253000020980835,"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/T11742","display_name":"Economic Theory and Policy","score":0.05939999967813492,"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":0.012000000104308128,"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/ultra-loose-monetary-policy","display_name":"ultra-loose monetary policy","score":0.9919999837875366},{"id":"https://openalex.org/keywords/friedrich-hayek","display_name":"Friedrich Hayek","score":0.8690000176429749},{"id":"https://openalex.org/keywords/ludwig-von-mises","display_name":"Ludwig von Mises","score":0.984000027179718},{"id":"https://openalex.org/keywords/real-investment","display_name":"real investment","score":0.6650000214576721},{"id":"https://openalex.org/keywords/financial-investment","display_name":"financial investment","score":0.9020000100135803},{"id":"https://openalex.org/keywords/interest-rates","display_name":"interest rates","score":0.6510000228881836},{"id":"https://openalex.org/keywords/investment-efficiency","display_name":"investment efficiency","score":0.6460000276565552},{"id":"https://openalex.org/keywords/economic-growth","display_name":"economic growth","score":0.7990000247955322},{"id":"https://openalex.org/keywords/income-distribution","display_name":"income distribution","score":0.9980000257492065},{"id":"https://openalex.org/keywords/consumer-price-inflation","display_name":"consumer price inflation","score":0.6949999928474426},{"id":"https://openalex.org/keywords/monetary-easing","display_name":"monetary easing","score":0.4699999988079071}],"concepts":[{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.6134896278381348},{"id":"https://openalex.org/C110121322","wikidata":"https://www.wikidata.org/wiki/Q865811","display_name":"Distribution (mathematics)","level":2,"score":0.5369199514389038},{"id":"https://openalex.org/C519300510","wikidata":"https://www.wikidata.org/wiki/Q3915542","display_name":"Income distribution","level":3,"score":0.517711877822876},{"id":"https://openalex.org/C27548731","wikidata":"https://www.wikidata.org/wiki/Q88272","display_name":"Investment (military)","level":3,"score":0.5164151787757874},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.47546881437301636},{"id":"https://openalex.org/C126285488","wikidata":"https://www.wikidata.org/wiki/Q178476","display_name":"Monetary policy","level":2,"score":0.4335514307022095},{"id":"https://openalex.org/C45555294","wikidata":"https://www.wikidata.org/wiki/Q28113351","display_name":"Inequality","level":2,"score":0.06864979863166809},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.06815120577812195},{"id":"https://openalex.org/C134306372","wikidata":"https://www.wikidata.org/wiki/Q7754","display_name":"Mathematical analysis","level":1,"score":0.0},{"id":"https://openalex.org/C94625758","wikidata":"https://www.wikidata.org/wiki/Q7163","display_name":"Politics","level":2,"score":0.0},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.0}],"mesh":[],"locations_count":4,"locations":[{"id":"doi:10.2139/ssrn.2747865","doi":"https://doi.org/10.2139/ssrn.2747865","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.2747865","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:ces:ceswps:_5754","doi":null,"is_oa":false,"landing_page_url":"https://www.ifo.de/DocDL/cesifo1_wp5754.pdf","pdf_url":"https://www.ifo.de/DocDL/cesifo1_wp5754.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:3125793881","doi":null,"is_oa":false,"landing_page_url":"https://econpapers.repec.org/RePEc:ces:ceswps:_5754","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:10419/128460","doi":null,"is_oa":false,"landing_page_url":"http://hdl.handle.net/10419/128460","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.2747865","doi":"https://doi.org/10.2139/ssrn.2747865","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.2747865","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":[{"id":"https://metadata.un.org/sdg/8","score":0.7257999777793884,"display_name":"Decent work and economic growth"},{"id":"https://metadata.un.org/sdg/1","score":0.41670000553131104,"display_name":"No poverty"}],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":36,"referenced_works":["https://openalex.org/W111998119","https://openalex.org/W652256780","https://openalex.org/W1492219624","https://openalex.org/W1537543935","https://openalex.org/W1578093345","https://openalex.org/W1790983740","https://openalex.org/W1989864366","https://openalex.org/W1997344600","https://openalex.org/W1999921151","https://openalex.org/W2051308078","https://openalex.org/W2065017084","https://openalex.org/W2070631858","https://openalex.org/W2089900654","https://openalex.org/W2093030468","https://openalex.org/W2098589686","https://openalex.org/W2140898820","https://openalex.org/W2144395073","https://openalex.org/W2147578821","https://openalex.org/W2156109180","https://openalex.org/W2161044258","https://openalex.org/W2180660770","https://openalex.org/W2182172532","https://openalex.org/W2478475585","https://openalex.org/W2992152176","https://openalex.org/W3020141447","https://openalex.org/W3121433483","https://openalex.org/W3121850279","https://openalex.org/W3121930358","https://openalex.org/W3122427457","https://openalex.org/W3122883516","https://openalex.org/W3122955500","https://openalex.org/W3124110334","https://openalex.org/W3124420903","https://openalex.org/W3124726930","https://openalex.org/W3124807657","https://openalex.org/W3124997601"],"related_works":["https://openalex.org/W7111581964","https://openalex.org/W4398771236","https://openalex.org/W3013468365","https://openalex.org/W2602901895","https://openalex.org/W7027444928","https://openalex.org/W3124956920","https://openalex.org/W3123809163","https://openalex.org/W3177938591","https://openalex.org/W4394956237","https://openalex.org/W2343615279"],"abstract_inverted_index":null,"counts_by_year":[{"year":2022,"cited_by_count":1},{"year":2021,"cited_by_count":1},{"year":2020,"cited_by_count":1},{"year":2019,"cited_by_count":2},{"year":2018,"cited_by_count":1},{"year":2017,"cited_by_count":3},{"year":2016,"cited_by_count":1}],"updated_date":"2026-11-04T10:54:05.112534","created_date":"2016-06-24T00:00:00"}
