{"id":"https://openalex.org/W2465349889","doi":null,"title":"Monetary policy and financial stability - a simple story","display_name":"Monetary policy and financial stability - a simple story","publication_year":2014,"publication_date":"2014-01-01","ids":{"openalex":"https://openalex.org/W2465349889","mag":"2465349889"},"language":"en","primary_location":{"id":"mag:2465349889","doi":null,"is_oa":false,"landing_page_url":"https://www.riksbank.se/Documents/Rapporter/POV/2014/2014_2/rap_pov_artikel_1_1400918_eng.pdf","pdf_url":null,"source":null,"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":null},"volume":null,"type":"article","indexed_in":[],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5063757387","display_name":"Roberto M. Billi","orcid":"https://orcid.org/0000-0002-3949-8948","observed_orcids":["https://orcid.org/0000-0002-3949-8948"]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Roberto M. Billi","raw_affiliation_strings":[],"raw_orcid":"https://orcid.org/0000-0002-3949-8948","affiliations":[]},{"author_position":"last","author":{"id":"https://openalex.org/A5082788565","display_name":"Anders Vredin","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Anders Vredin","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":2.4406,"has_fulltext":false,"cited_by_count":23,"citation_normalized_percentile":{"value":0.91342942,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":89,"max":98},"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/T10127","display_name":"Banking stability, regulation, efficiency","score":0.4343000054359436,"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"}},"topics":[{"id":"https://openalex.org/T10127","display_name":"Banking stability, regulation, efficiency","score":0.4343000054359436,"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/T10007","display_name":"Monetary Policy and Economic Impact","score":0.4332999885082245,"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":0.09200000017881393,"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":1.0},{"id":"https://openalex.org/keywords/financial-stability","display_name":"financial stability","score":1.0},{"id":"https://openalex.org/keywords/financial-crises","display_name":"financial crisis","score":0.878000020980835},{"id":"https://openalex.org/keywords/central-banking","display_name":"central banking","score":0.7540000081062317},{"id":"https://openalex.org/keywords/microprudential-regulation","display_name":"microprudential regulation","score":0.7749999761581421},{"id":"https://openalex.org/keywords/macroprudential-policy","display_name":"macroprudential policy","score":0.9940000176429749},{"id":"https://openalex.org/keywords/overborrowing","display_name":"overborrowing","score":0.7549999952316284},{"id":"https://openalex.org/keywords/financial-imbalances","display_name":"financial imbalances","score":0.9520000219345093},{"id":"https://openalex.org/keywords/crisis-prevention","display_name":"crisis prevention","score":0.5600000023841858}],"concepts":[{"id":"https://openalex.org/C2992337254","wikidata":"https://www.wikidata.org/wiki/Q31275820","display_name":"Financial stability","level":2,"score":0.6745703220367432},{"id":"https://openalex.org/C2778300220","wikidata":"https://www.wikidata.org/wiki/Q114380","display_name":"Financial crisis","level":2,"score":0.6648436188697815},{"id":"https://openalex.org/C126285488","wikidata":"https://www.wikidata.org/wiki/Q178476","display_name":"Monetary policy","level":2,"score":0.5775200128555298},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.5561992526054382},{"id":"https://openalex.org/C73283319","wikidata":"https://www.wikidata.org/wiki/Q1416617","display_name":"Financial system","level":1,"score":0.5247153043746948},{"id":"https://openalex.org/C510755694","wikidata":"https://www.wikidata.org/wiki/Q281095","display_name":"Financial regulation","level":2,"score":0.5009951591491699},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.4458245038986206},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.3428119421005249},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.3039321303367615},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.18553540110588074}],"mesh":[],"locations_count":1,"locations":[{"id":"mag:2465349889","doi":null,"is_oa":false,"landing_page_url":"https://www.riksbank.se/Documents/Rapporter/POV/2014/2014_2/rap_pov_artikel_1_1400918_eng.pdf","pdf_url":null,"source":null,"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":null}],"best_oa_location":null,"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":20,"referenced_works":["https://openalex.org/W370805727","https://openalex.org/W653964950","https://openalex.org/W1498796549","https://openalex.org/W2046005638","https://openalex.org/W2117730367","https://openalex.org/W2119500536","https://openalex.org/W2126349611","https://openalex.org/W2151496581","https://openalex.org/W2181558436","https://openalex.org/W2186848758","https://openalex.org/W2211981183","https://openalex.org/W2477490696","https://openalex.org/W3049243281","https://openalex.org/W3121433483","https://openalex.org/W3121722366","https://openalex.org/W3122581512","https://openalex.org/W3122766654","https://openalex.org/W3122808237","https://openalex.org/W3125677162","https://openalex.org/W3205232653"],"related_works":["https://openalex.org/W1574176155","https://openalex.org/W1536396855","https://openalex.org/W3022001236","https://openalex.org/W3013636236","https://openalex.org/W1518108542","https://openalex.org/W1496624713","https://openalex.org/W3210611373","https://openalex.org/W4251849226","https://openalex.org/W2135162497","https://openalex.org/W2241911311"],"abstract_inverted_index":{"The":[0],"depth":[1],"of":[2,32,91,94,119],"the":[3,18,37,49,89,117],"recent":[4,50],"financial":[5,24,38,46,51,67,77,84,121],"crisis":[6],"in":[7,36,44,56],"many":[8,86],"economies":[9],"has":[10],"forced":[11],"policymakers":[12],"and":[13,23,96],"researchers":[14],"to":[15,72,83,99,113],"rethink":[16],"thoroughly":[17],"connection":[19],"between":[20],"monetary":[21,108],"policy":[22,109],"stability.":[25],"Many":[26],"argue":[27],"that":[28],"central":[29,57],"banks,":[30],"because":[31],"their":[33],"key":[34],"role":[35],"system,":[39],"should":[40],"assume":[41],"greater":[42],"responsibility":[43],"preventing":[45],"crises.":[47,78],"Before":[48],"crisis,":[52],"a":[53,120],"common":[54],"view":[55],"banking":[58],"was":[59],"that,":[60],"rather":[61],"than":[62],"deliberately":[63],"leaning":[64],"against":[65],"potential":[66],"imbalances,":[68,85],"it":[69],"is":[70],"better":[71],"just":[73],"mop":[74],"up":[75],"after":[76],"Because":[79],"overborrowing":[80],"likely":[81],"contributes":[82],"now":[87],"welcome":[88],"emergence":[90],"an":[92],"array":[93],"micro":[95],"macroprudential":[97],"policies":[98,106],"limit":[100],"borrowing.":[101],"But":[102],"neither":[103],"such":[104],"new":[105],"nor":[107],"can":[110],"be":[111],"expected":[112],"completely":[114],"rule":[115],"out":[116],"possibility":[118],"crisis.":[122]},"counts_by_year":[{"year":2025,"cited_by_count":4},{"year":2024,"cited_by_count":1},{"year":2023,"cited_by_count":3},{"year":2022,"cited_by_count":3},{"year":2021,"cited_by_count":4},{"year":2020,"cited_by_count":2},{"year":2018,"cited_by_count":2},{"year":2016,"cited_by_count":1},{"year":2015,"cited_by_count":3}],"updated_date":"2026-08-12T21:12:35.861297","created_date":"2016-07-22T00:00:00"}
