{"id":"https://openalex.org/W2298302933","doi":"https://doi.org/10.1016/s2212-5671(16)30028-4","title":"Investigating Asymmetric Effects of Monetary Shocks on the Exchange Rate and Trade Balance, with an Emphasis on Inflation Targeting","display_name":"Investigating Asymmetric Effects of Monetary Shocks on the Exchange Rate and Trade Balance, with an Emphasis on Inflation Targeting","publication_year":2016,"publication_date":"2016-01-01","ids":{"openalex":"https://openalex.org/W2298302933","doi":"https://doi.org/10.1016/s2212-5671(16)30028-4","mag":"2298302933"},"language":"en","primary_location":{"id":"doi:10.1016/s2212-5671(16)30028-4","doi":"https://doi.org/10.1016/s2212-5671(16)30028-4","is_oa":true,"landing_page_url":"https://doi.org/10.1016/s2212-5671(16)30028-4","pdf_url":"https://www.sciencedirect.com/science/article/pii/S2212567116300284/pdf","source":{"id":"https://openalex.org/S2764481192","display_name":"Procedia Economics and Finance","issn_l":"2212-5671","issn":["2212-5671"],"is_oa":true,"is_in_doaj":false,"is_core":true,"listed_in":["anvur-scientific","cwts-core"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":"cc-by-nc-nd","license_id":"https://openalex.org/licenses/cc-by-nc-nd","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Procedia Economics and Finance","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"diamond","oa_url":"https://www.sciencedirect.com/science/article/pii/S2212567116300284/pdf","any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5053430698","display_name":"Naser Elahi","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I3129407287","display_name":"Mofid University","ror":"https://ror.org/044tdw637","country_code":"IR","type":"education","lineage":["https://openalex.org/I3129407287"]}],"countries":["IR"],"is_corresponding":false,"raw_author_name":"Naser Elahi","raw_affiliation_strings":["Associate Professor, Department of Economics, Mofid University Qom"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Associate Professor, Department of Economics, Mofid University Qom","institution_ids":["https://openalex.org/I3129407287"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5046578352","display_name":"Farshid Salimi","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I3129407287","display_name":"Mofid University","ror":"https://ror.org/044tdw637","country_code":"IR","type":"education","lineage":["https://openalex.org/I3129407287"]}],"countries":["IR"],"is_corresponding":true,"raw_author_name":"Farshid Salimi","raw_affiliation_strings":["PhD student in Economics, Mofid University Qom"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"PhD student in Economics, Mofid University Qom","institution_ids":["https://openalex.org/I3129407287"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5022503799","display_name":"Elahe Masoomzadeh","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I3129407287","display_name":"Mofid University","ror":"https://ror.org/044tdw637","country_code":"IR","type":"education","lineage":["https://openalex.org/I3129407287"]}],"countries":["IR"],"is_corresponding":false,"raw_author_name":"Elahe Masoomzadeh","raw_affiliation_strings":["PhD student in Economics, Mofid University Qom"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"PhD student in Economics, Mofid University Qom","institution_ids":["https://openalex.org/I3129407287"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5046578352"],"corresponding_institution_ids":["https://openalex.org/I3129407287"],"apc_list":null,"apc_paid":null,"fwci":2.5492,"has_fulltext":true,"cited_by_count":12,"citation_normalized_percentile":{"value":0.9140625,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":89,"max":97},"biblio":{"volume":"36","issue":null,"first_page":"165","last_page":"176"},"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/T10503","display_name":"Global Financial Crisis and Policies","score":0.0003000000142492354,"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/T11742","display_name":"Economic Theory and Policy","score":0.0,"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"}}],"keywords":[{"id":"https://openalex.org/keywords/monetary-policy-shocks","display_name":"monetary policy shocks","score":0.8859999775886536},{"id":"https://openalex.org/keywords/asymmetric-effects","display_name":"asymmetric effects","score":0.6899999976158142},{"id":"https://openalex.org/keywords/real-exchange-rate","display_name":"real exchange rate","score":0.8679999709129333},{"id":"https://openalex.org/keywords/trade-balance","display_name":"trade balance","score":0.996999979019165},{"id":"https://openalex.org/keywords/inflation-targeting","display_name":"inflation targeting","score":0.9940000176429749},{"id":"https://openalex.org/keywords/liquidity-shocks","display_name":"liquidity shocks","score":0.7080000042915344},{"id":"https://openalex.org/keywords/gross-domestic-product","display_name":"gross domestic product","score":0.656000018119812},{"id":"https://openalex.org/keywords/developed-countries","display_name":"developed countries","score":0.6570000052452087},{"id":"https://openalex.org/keywords/developing-countries","display_name":"developing countries","score":0.9539999961853027}],"concepts":[{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.8021730184555054},{"id":"https://openalex.org/C2776988154","wikidata":"https://www.wikidata.org/wiki/Q66100","display_name":"Exchange rate","level":2,"score":0.7498262524604797},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.6501970291137695},{"id":"https://openalex.org/C200941418","wikidata":"https://www.wikidata.org/wiki/Q273508","display_name":"Inflation (cosmology)","level":2,"score":0.5922366976737976},{"id":"https://openalex.org/C126285488","wikidata":"https://www.wikidata.org/wiki/Q178476","display_name":"Monetary policy","level":2,"score":0.5667563080787659},{"id":"https://openalex.org/C109948328","wikidata":"https://www.wikidata.org/wiki/Q140845","display_name":"Balance of payments","level":2,"score":0.5662907361984253},{"id":"https://openalex.org/C141121606","wikidata":"https://www.wikidata.org/wiki/Q8142","display_name":"Currency","level":2,"score":0.5555943846702576},{"id":"https://openalex.org/C183582576","wikidata":"https://www.wikidata.org/wiki/Q184783","display_name":"Market liquidity","level":2,"score":0.5305310487747192},{"id":"https://openalex.org/C2779971977","wikidata":"https://www.wikidata.org/wiki/Q842206","display_name":"Money supply","level":3,"score":0.4364514946937561},{"id":"https://openalex.org/C22674136","wikidata":"https://www.wikidata.org/wiki/Q192796","display_name":"Balance of trade","level":2,"score":0.4270819127559662},{"id":"https://openalex.org/C148761745","wikidata":"https://www.wikidata.org/wiki/Q1563203","display_name":"Sterilization (economics)","level":4,"score":0.4100063145160675},{"id":"https://openalex.org/C18547055","wikidata":"https://www.wikidata.org/wiki/Q47417","display_name":"International economics","level":1,"score":0.39089539647102356},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.3768172860145569},{"id":"https://openalex.org/C536366893","wikidata":"https://www.wikidata.org/wiki/Q66076","display_name":"Foreign exchange market","level":3,"score":0.2555495500564575},{"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/C121332964","wikidata":"https://www.wikidata.org/wiki/Q413","display_name":"Physics","level":0,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1016/s2212-5671(16)30028-4","doi":"https://doi.org/10.1016/s2212-5671(16)30028-4","is_oa":true,"landing_page_url":"https://doi.org/10.1016/s2212-5671(16)30028-4","pdf_url":"https://www.sciencedirect.com/science/article/pii/S2212567116300284/pdf","source":{"id":"https://openalex.org/S2764481192","display_name":"Procedia Economics and Finance","issn_l":"2212-5671","issn":["2212-5671"],"is_oa":true,"is_in_doaj":false,"is_core":true,"listed_in":["anvur-scientific","cwts-core"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":"cc-by-nc-nd","license_id":"https://openalex.org/licenses/cc-by-nc-nd","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Procedia Economics and Finance","raw_type":"journal-article"}],"best_oa_location":{"id":"doi:10.1016/s2212-5671(16)30028-4","doi":"https://doi.org/10.1016/s2212-5671(16)30028-4","is_oa":true,"landing_page_url":"https://doi.org/10.1016/s2212-5671(16)30028-4","pdf_url":"https://www.sciencedirect.com/science/article/pii/S2212567116300284/pdf","source":{"id":"https://openalex.org/S2764481192","display_name":"Procedia Economics and Finance","issn_l":"2212-5671","issn":["2212-5671"],"is_oa":true,"is_in_doaj":false,"is_core":true,"listed_in":["anvur-scientific","cwts-core"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":"cc-by-nc-nd","license_id":"https://openalex.org/licenses/cc-by-nc-nd","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Procedia Economics and Finance","raw_type":"journal-article"},"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":true,"grobid_xml":true},"content_urls":{"pdf":"https://content.openalex.org/works/W2298302933.pdf","grobid_xml":"https://content.openalex.org/works/W2298302933.grobid-xml"},"referenced_works_count":17,"referenced_works":["https://openalex.org/W372445973","https://openalex.org/W1495656322","https://openalex.org/W1910341534","https://openalex.org/W1992108340","https://openalex.org/W2005243969","https://openalex.org/W2097978133","https://openalex.org/W2104914254","https://openalex.org/W2113886783","https://openalex.org/W2124758339","https://openalex.org/W2134246329","https://openalex.org/W2135699079","https://openalex.org/W2139716534","https://openalex.org/W2159960901","https://openalex.org/W2178416291","https://openalex.org/W3023839179","https://openalex.org/W3124895281","https://openalex.org/W6980084938"],"related_works":["https://openalex.org/W1981358115","https://openalex.org/W2955633645","https://openalex.org/W7001999032","https://openalex.org/W2101681841","https://openalex.org/W7065414924","https://openalex.org/W2057170165","https://openalex.org/W7100191665","https://openalex.org/W2954279073","https://openalex.org/W1485471284","https://openalex.org/W1486499296"],"abstract_inverted_index":{"Monetary":[0],"shocks":[1,109],"are":[2],"proposed":[3,81],"as":[4,21,46,102],"a":[5,38,160,178,193,227],"means":[6],"of":[7,23,30,52,74,91,121,126,162,192],"economic":[8,13],"control":[9],"in":[10,33,59,119,150,203,207,211,226],"the":[11,24,28,34,64,70,75,80,88,105,111,116,127,137,151,163,186,199,204,208],"world's":[12],"systems.":[14],"The":[15,124,174],"exchange":[16,60,113,139,188,201],"rate":[17,114,140,189,202],"and":[18,27,54,72,98,115,143,146,158,165,169,185,190,196,218,221],"its":[19],"changes,":[20],"one":[22],"macroeconomic":[25,43,66],"variables":[26,44,67],"price":[29],"foreign":[31],"currency":[32],"domestic":[35,183],"currency,":[36],"have":[37,155],"significant":[39],"effect":[40],"on":[41,110],"other":[42],"such":[45],"inflation,":[47],"production,":[48],"exports,":[49],"imports,":[50],"balance":[51,118,148],"payments":[53],"so":[55,101],"on.":[56],"Vast":[57],"changes":[58],"rates":[61],"can":[62],"affect":[63],"country's":[65],"by":[68,96],"affecting":[69],"supply":[71],"demand":[73],"economy.":[76],"Thus,":[77],"according":[78],"to":[79,86,103],"issues,":[82],"this":[83],"study":[84],"intends":[85],"use":[87],"18-year":[89],"experience":[90],"inflation":[92,197,222],"targeting":[93],"framework":[94],"adopted":[95],"industrial":[97],"developing":[99,212],"countries":[100,134,154,205,213],"investigate":[104],"relationship":[106,180],"between":[107,181],"monetary":[108],"real":[112,138,187,200],"trade":[117,144,147],"some":[120],"these":[122],"countries.":[123],"results":[125,175],"extended":[128],"torque":[129],"models\u2019":[130],"estimates":[131],"for":[132],"developed":[133,153],"indicate":[135],"that":[136,216],"stabilization":[141],"policy":[142],"expansion":[145],"improvement":[149],"studied":[152,157,206],"been":[156,171],"is":[159],"function":[161],"stabile":[164],"long-term":[166],"macro-economic":[167],"policies":[168],"has":[170],"properly":[172],"implemented.":[173],"also":[176,214],"showed":[177],"positive":[179],"gross":[182],"production":[184],"existence":[191],"liquidity":[194,217],"shock":[195],"increases":[198],"research.":[209],"Results":[210],"show":[215],"rising":[219],"prices":[220],"do":[223],"not":[224],"move":[225],"same":[228],"direction.":[229]},"counts_by_year":[{"year":2025,"cited_by_count":1},{"year":2024,"cited_by_count":2},{"year":2023,"cited_by_count":1},{"year":2021,"cited_by_count":2},{"year":2020,"cited_by_count":3},{"year":2019,"cited_by_count":3}],"updated_date":"2026-10-16T09:59:22.235173","created_date":"2016-06-24T00:00:00"}