{"id":"https://openalex.org/W2515099537","doi":"https://doi.org/10.2139/ssrn.2820207","title":"Macroeconomic Bond Risks at the Zero Lower Bound","display_name":"Macroeconomic Bond Risks at the Zero Lower Bound","publication_year":2016,"publication_date":"2016-01-01","ids":{"openalex":"https://openalex.org/W2515099537","doi":"https://doi.org/10.2139/ssrn.2820207","mag":"2515099537"},"language":"en","primary_location":{"id":"doi:10.2139/ssrn.2820207","doi":"https://doi.org/10.2139/ssrn.2820207","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.2820207","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.2820207","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5081537839","display_name":"Nicole Branger","orcid":"https://orcid.org/0000-0003-0466-6515","observed_orcids":["https://orcid.org/0000-0003-0466-6515"]},"institutions":[{"id":"https://openalex.org/I22465464","display_name":"University of M\u00fcnster","ror":"https://ror.org/00pd74e08","country_code":"DE","type":"education","lineage":["https://openalex.org/I22465464"]}],"countries":["DE"],"is_corresponding":false,"raw_author_name":"Nicole Branger","raw_affiliation_strings":["University of M\u00fcnster - Finance Center Muenster, Universitatsstr. 14-16, Muenster, 48143, Germany"],"raw_orcid":"https://orcid.org/0000-0003-0466-6515","affiliations":[{"raw_affiliation_string":"University of M\u00fcnster - Finance Center Muenster, Universitatsstr. 14-16, Muenster, 48143, Germany","institution_ids":["https://openalex.org/I22465464"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5088740838","display_name":"Christian Schlag","orcid":"https://orcid.org/0000-0001-9967-7916","observed_orcids":["https://orcid.org/0000-0001-9967-7916"]},"institutions":[{"id":"https://openalex.org/I114090438","display_name":"Goethe University Frankfurt","ror":"https://ror.org/04cvxnb49","country_code":"DE","type":"education","lineage":["https://openalex.org/I114090438"]},{"id":"https://openalex.org/I4210163226","display_name":"Leibniz Institute for Financial Research SAFE","ror":"https://ror.org/05wxywg93","country_code":"DE","type":"facility","lineage":["https://openalex.org/I315704651","https://openalex.org/I4210163226"]}],"countries":["DE"],"is_corresponding":false,"raw_author_name":"Christian Schlag","raw_affiliation_strings":["Goethe University Frankfurt, Faculty of Economics and Business, Theodor-W.-Adorno-Platz 3, Frankfurt am Main, Hessen 60323, Germany","Leibniz Institute for Financial Research SAFE, (http://www.safe-frankfurt.de), Theodor-W.-Adorno-Platz 3, Frankfurt am Main, 60323, Germany"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Goethe University Frankfurt, Faculty of Economics and Business, Theodor-W.-Adorno-Platz 3, Frankfurt am Main, Hessen 60323, Germany","institution_ids":["https://openalex.org/I114090438"]},{"raw_affiliation_string":"Leibniz Institute for Financial Research SAFE, (http://www.safe-frankfurt.de), Theodor-W.-Adorno-Platz 3, Frankfurt am Main, 60323, Germany","institution_ids":["https://openalex.org/I4210163226"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5036532373","display_name":"Ivan Shaliastovich","orcid":"https://orcid.org/0009-0004-4264-0396","observed_orcids":["https://orcid.org/0009-0004-4264-0396"]},"institutions":[{"id":"https://openalex.org/I135310074","display_name":"University of Wisconsin\u2013Madison","ror":"https://ror.org/01y2jtd41","country_code":"US","type":"education","lineage":["https://openalex.org/I135310074"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Ivan Shaliastovich","raw_affiliation_strings":["University of Wisconsin-Madison, 716 Langdon Street, Madison, WI 53706-1481, United States"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"University of Wisconsin-Madison, 716 Langdon Street, Madison, WI 53706-1481, United States","institution_ids":["https://openalex.org/I135310074"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5015498859","display_name":"Dongho Song","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I145311948","display_name":"Johns Hopkins University","ror":"https://ror.org/00za53h95","country_code":"US","type":"education","lineage":["https://openalex.org/I145311948"]}],"countries":["US"],"is_corresponding":true,"raw_author_name":"Dongho Song","raw_affiliation_strings":["Johns Hopkins University - Carey Business School, Baltimore, MD 20036-1984, United States"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Johns Hopkins University - Carey Business School, Baltimore, MD 20036-1984, United States","institution_ids":["https://openalex.org/I145311948"]}]}],"institutions":[],"countries_distinct_count":2,"institutions_distinct_count":5,"corresponding_author_ids":["https://openalex.org/A5015498859"],"corresponding_institution_ids":["https://openalex.org/I145311948"],"apc_list":null,"apc_paid":null,"fwci":null,"has_fulltext":false,"cited_by_count":9,"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":0.9682999849319458,"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":0.9682999849319458,"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":0.024299999698996544,"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":0.002099999925121665,"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/zero-lower-bound","display_name":"zero lower bound","score":0.9980000257492065},{"id":"https://openalex.org/keywords/bond-prices","display_name":"bond prices","score":0.6809999942779541},{"id":"https://openalex.org/keywords/recursive-utility","display_name":"recursive utility","score":0.6909999847412109},{"id":"https://openalex.org/keywords/inflation-expectations","display_name":"inflation expectations","score":0.4909999966621399},{"id":"https://openalex.org/keywords/inflation-volatility","display_name":"inflation volatility","score":0.9739999771118164},{"id":"https://openalex.org/keywords/shadow-interest-rate","display_name":"shadow interest rate","score":0.6539999842643738},{"id":"https://openalex.org/keywords/risk-premium","display_name":"risk premium","score":0.8240000009536743},{"id":"https://openalex.org/keywords/low-interest-rates","display_name":"low interest rates","score":0.625},{"id":"https://openalex.org/keywords/macroeconomic-risk","display_name":"macroeconomic risk","score":0.38100001215934753}],"concepts":[{"id":"https://openalex.org/C2778078003","wikidata":"https://www.wikidata.org/wiki/Q8069596","display_name":"Zero lower bound","level":3,"score":0.6791791319847107},{"id":"https://openalex.org/C69738904","wikidata":"https://www.wikidata.org/wiki/Q11693","display_name":"Bond","level":2,"score":0.571091890335083},{"id":"https://openalex.org/C2780813799","wikidata":"https://www.wikidata.org/wiki/Q3274237","display_name":"Zero (linguistics)","level":2,"score":0.5321105122566223},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.5022749900817871},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.3696765899658203},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.34427744150161743},{"id":"https://openalex.org/C175025494","wikidata":"https://www.wikidata.org/wiki/Q179179","display_name":"Interest rate","level":2,"score":0.24793800711631775},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.1570279896259308},{"id":"https://openalex.org/C138885662","wikidata":"https://www.wikidata.org/wiki/Q5891","display_name":"Philosophy","level":0,"score":0.11393511295318604},{"id":"https://openalex.org/C41895202","wikidata":"https://www.wikidata.org/wiki/Q8162","display_name":"Linguistics","level":1,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.2139/ssrn.2820207","doi":"https://doi.org/10.2139/ssrn.2820207","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.2820207","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"}],"best_oa_location":{"id":"doi:10.2139/ssrn.2820207","doi":"https://doi.org/10.2139/ssrn.2820207","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.2820207","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":[{"display_name":"Decent work and economic growth","score":0.4000000059604645,"id":"https://metadata.un.org/sdg/8"}],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":46,"referenced_works":["https://openalex.org/W160718987","https://openalex.org/W310252140","https://openalex.org/W609660392","https://openalex.org/W1490858952","https://openalex.org/W1500255038","https://openalex.org/W1523310658","https://openalex.org/W1544458269","https://openalex.org/W1554678757","https://openalex.org/W1564389319","https://openalex.org/W1574786337","https://openalex.org/W1577018397","https://openalex.org/W1986555661","https://openalex.org/W2035852845","https://openalex.org/W2083476133","https://openalex.org/W2104490102","https://openalex.org/W2109300155","https://openalex.org/W2111884876","https://openalex.org/W2113704261","https://openalex.org/W2117436269","https://openalex.org/W2123471816","https://openalex.org/W2126788221","https://openalex.org/W2132807882","https://openalex.org/W2135665921","https://openalex.org/W2137363566","https://openalex.org/W2142014636","https://openalex.org/W2142561788","https://openalex.org/W2144290449","https://openalex.org/W2146616067","https://openalex.org/W2159723913","https://openalex.org/W2242120937","https://openalex.org/W2244272705","https://openalex.org/W2262074371","https://openalex.org/W2263075367","https://openalex.org/W3021444882","https://openalex.org/W3121922620","https://openalex.org/W3122257378","https://openalex.org/W3122433429","https://openalex.org/W3122451626","https://openalex.org/W3122764680","https://openalex.org/W3124344460","https://openalex.org/W3124893256","https://openalex.org/W3125065221","https://openalex.org/W3125524825","https://openalex.org/W3125912523","https://openalex.org/W4301463719","https://openalex.org/W4302451423"],"related_works":["https://openalex.org/W2440843970","https://openalex.org/W2128659533","https://openalex.org/W4406203772","https://openalex.org/W7057013970","https://openalex.org/W4206951004","https://openalex.org/W3123712945","https://openalex.org/W2783511681","https://openalex.org/W3123924558","https://openalex.org/W3123617903","https://openalex.org/W3121922620"],"abstract_inverted_index":null,"counts_by_year":[{"year":2024,"cited_by_count":1},{"year":2023,"cited_by_count":1},{"year":2022,"cited_by_count":1},{"year":2021,"cited_by_count":1},{"year":2020,"cited_by_count":1},{"year":2018,"cited_by_count":2},{"year":2016,"cited_by_count":1},{"year":2015,"cited_by_count":1}],"updated_date":"2026-11-03T10:50:19.383937","created_date":"2016-09-16T00:00:00"}
