{"id":"https://openalex.org/W2602553370","doi":"https://doi.org/10.1017/s1365100520000577","title":"Sectoral Labor Mobility and Optimal Monetary Policy","display_name":"Sectoral Labor Mobility and Optimal Monetary Policy","publication_year":2017,"publication_date":"2017-01-01","ids":{"openalex":"https://openalex.org/W2602553370","doi":"https://doi.org/10.1017/s1365100520000577","mag":"2602553370"},"language":"en","primary_location":{"id":"doi:10.1017/s1365100520000577","doi":"https://doi.org/10.1017/s1365100520000577","is_oa":false,"landing_page_url":"https://doi.org/10.1017/s1365100520000577","pdf_url":null,"source":{"id":"https://openalex.org/S136745531","display_name":"Macroeconomic Dynamics","issn_l":"1365-1005","issn":["1365-1005","1469-8056"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","erih-plus","jufo-1","norway-1","poland-100","russia-white-list-2","vabb-shw"],"host_organization":"https://openalex.org/P4310311721","host_organization_name":"Cambridge University Press","host_organization_lineage":["https://openalex.org/P4310311721","https://openalex.org/P4310311702"],"host_organization_lineage_names":["Cambridge University Press","University of Cambridge"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Macroeconomic Dynamics","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["arxiv","crossref","datacite"],"open_access":{"is_oa":true,"oa_status":"bronze","oa_url":"https://www.elibrary.imf.org/doc/IMF001/24117-9781475584783/24117-9781475584783/Other_formats/Source_PDF/24117-9781475584905.pdf","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5042354136","display_name":"Alessandro Cantelmo","orcid":"https://orcid.org/0000-0002-7519-4781","observed_orcids":["https://orcid.org/0000-0002-7519-4781"]},"institutions":[{"id":"https://openalex.org/I103737770","display_name":"Bank of Italy","ror":"https://ror.org/03v2nbx43","country_code":"IT","type":"funder","lineage":["https://openalex.org/I103737770"]}],"countries":["IT"],"is_corresponding":true,"raw_author_name":"Alessandro Cantelmo","raw_affiliation_strings":["Banca d\u2019Italia","Bank of Italy"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Banca d\u2019Italia","institution_ids":["https://openalex.org/I103737770"]},{"raw_affiliation_string":"Bank of Italy","institution_ids":["https://openalex.org/I103737770"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5080532683","display_name":"Giovanni Melina","orcid":"https://orcid.org/0000-0003-2285-4181","observed_orcids":["https://orcid.org/0000-0003-2285-4181"]},"institutions":[{"id":"https://openalex.org/I1310145890","display_name":"International Monetary Fund","ror":"https://ror.org/05m4rmw09","country_code":"US","type":"other","lineage":["https://openalex.org/I1310145890"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Giovanni Melina","raw_affiliation_strings":["International Monetary Fund & CESifo","International Monetary Fund (IMF)"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"International Monetary Fund & CESifo","institution_ids":["https://openalex.org/I1310145890"]},{"raw_affiliation_string":"International Monetary Fund (IMF)","institution_ids":["https://openalex.org/I1310145890"]}]}],"institutions":[],"countries_distinct_count":2,"institutions_distinct_count":2,"corresponding_author_ids":["https://openalex.org/A5042354136"],"corresponding_institution_ids":["https://openalex.org/I103737770"],"apc_list":{"value":3550,"currency":"USD","value_usd":3550},"apc_paid":null,"fwci":0.0,"has_fulltext":false,"cited_by_count":10,"citation_normalized_percentile":{"value":0.03033659,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":93,"max":97},"biblio":{"volume":"2017","issue":"040","first_page":"1","last_page":"1"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.9990000128746033,"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":0.9990000128746033,"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":0.0008999999845400453,"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/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/optimal-monetary-policy","display_name":"optimal monetary policy","score":0.8230000138282776},{"id":"https://openalex.org/keywords/central-bank-inflation-targeting","display_name":"central bank inflation targeting","score":0.6909999847412109},{"id":"https://openalex.org/keywords/new-keynesian-model","display_name":"New Keynesian model","score":0.8169999718666077},{"id":"https://openalex.org/keywords/two-sector-model","display_name":"two-sector model","score":0.8050000071525574},{"id":"https://openalex.org/keywords/asymmetric-shocks","display_name":"asymmetric shocks","score":0.7279999852180481},{"id":"https://openalex.org/keywords/wage-adjustment","display_name":"wage adjustment","score":0.5389999747276306},{"id":"https://openalex.org/keywords/relative-prices","display_name":"relative prices","score":0.7170000076293945},{"id":"https://openalex.org/keywords/welfare-effects","display_name":"welfare effects","score":0.3529999852180481},{"id":"https://openalex.org/keywords/sector-size","display_name":"sector size","score":0.40799999237060547}],"concepts":[{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.8478695154190063},{"id":"https://openalex.org/C138090074","wikidata":"https://www.wikidata.org/wiki/Q572079","display_name":"Ceteris paribus","level":2,"score":0.7076263427734375},{"id":"https://openalex.org/C200941418","wikidata":"https://www.wikidata.org/wiki/Q273508","display_name":"Inflation (cosmology)","level":2,"score":0.6904844641685486},{"id":"https://openalex.org/C126285488","wikidata":"https://www.wikidata.org/wiki/Q178476","display_name":"Monetary policy","level":2,"score":0.6097665429115295},{"id":"https://openalex.org/C2780370025","wikidata":"https://www.wikidata.org/wiki/Q282773","display_name":"Labor mobility","level":2,"score":0.5937003493309021},{"id":"https://openalex.org/C100243477","wikidata":"https://www.wikidata.org/wiki/Q12002092","display_name":"Welfare","level":2,"score":0.5565231442451477},{"id":"https://openalex.org/C10688316","wikidata":"https://www.wikidata.org/wiki/Q936174","display_name":"New Keynesian economics","level":3,"score":0.5564459562301636},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.462340772151947},{"id":"https://openalex.org/C2778012447","wikidata":"https://www.wikidata.org/wiki/Q1034415","display_name":"Scope (computer science)","level":2,"score":0.4377470016479492},{"id":"https://openalex.org/C145236788","wikidata":"https://www.wikidata.org/wiki/Q28161","display_name":"Labour economics","level":1,"score":0.3734031319618225},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.17184507846832275},{"id":"https://openalex.org/C34447519","wikidata":"https://www.wikidata.org/wiki/Q179522","display_name":"Market economy","level":1,"score":0.0},{"id":"https://openalex.org/C199360897","wikidata":"https://www.wikidata.org/wiki/Q9143","display_name":"Programming language","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/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":13,"locations":[{"id":"doi:10.1017/s1365100520000577","doi":"https://doi.org/10.1017/s1365100520000577","is_oa":false,"landing_page_url":"https://doi.org/10.1017/s1365100520000577","pdf_url":null,"source":{"id":"https://openalex.org/S136745531","display_name":"Macroeconomic Dynamics","issn_l":"1365-1005","issn":["1365-1005","1469-8056"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","erih-plus","jufo-1","norway-1","poland-100","russia-white-list-2","vabb-shw"],"host_organization":"https://openalex.org/P4310311721","host_organization_name":"Cambridge University Press","host_organization_lineage":["https://openalex.org/P4310311721","https://openalex.org/P4310311702"],"host_organization_lineage_names":["Cambridge University Press","University of Cambridge"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Macroeconomic Dynamics","raw_type":"journal-article"},{"id":"doi:10.5089/9781475584783.001","doi":"https://doi.org/10.5089/9781475584783.001","is_oa":true,"landing_page_url":"https://doi.org/10.5089/9781475584783.001","pdf_url":"https://www.elibrary.imf.org/doc/IMF001/24117-9781475584783/24117-9781475584783/Other_formats/Source_PDF/24117-9781475584905.pdf","source":{"id":"https://openalex.org/S4210171147","display_name":"IMF Working Paper","issn_l":"1018-5941","issn":["1018-5941","2227-8885"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["cwts-core"],"host_organization":"https://openalex.org/P4310316166","host_organization_name":"International Monetary Fund","host_organization_lineage":["https://openalex.org/P4310316166","https://openalex.org/P4310321776"],"host_organization_lineage_names":["International Monetary Fund","United Nations"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"IMF Working Papers","raw_type":"journal-article"},{"id":"doi:10.2139/ssrn.2938339","doi":"https://doi.org/10.2139/ssrn.2938339","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.2938339","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":"doi:10.2139/ssrn.3720395","doi":"https://doi.org/10.2139/ssrn.3720395","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.3720395","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"},{"id":"pmh:oai:RePEc:arx:papers:2010.14668","doi":null,"is_oa":false,"landing_page_url":"http://arxiv.org/pdf/2010.14668","pdf_url":"http://arxiv.org/pdf/2010.14668","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":"pmh:oai:arXiv.org:2010.14668","doi":null,"is_oa":true,"landing_page_url":"http://arxiv.org/abs/2010.14668","pdf_url":"https://arxiv.org/pdf/2010.14668","source":{"id":"https://openalex.org/S4306400194","display_name":"arXiv (Cornell University)","issn_l":"2331-8422","issn":["2331-8422"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I205783295","host_organization_name":"Cornell University","host_organization_lineage":["https://openalex.org/I205783295"],"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":"text"},{"id":"pmh:oai:RePEc:ces:ceswps:_8638","doi":null,"is_oa":false,"landing_page_url":"https://www.ifo.de/DocDL/cesifo1_wp8638.pdf","pdf_url":"https://www.ifo.de/DocDL/cesifo1_wp8638.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:2602553370","doi":null,"is_oa":true,"landing_page_url":"https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2938339","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":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"SSRN Electronic Journal","raw_type":null},{"id":"pmh:oai:RePEc:cup:macdyn:v:27:y:2023:i:1:p:1-26_1","doi":null,"is_oa":false,"landing_page_url":"https://www.cambridge.org/core/product/identifier/S1365100520000577/type/journal_article","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":null,"raw_type":"article"},{"id":"pmh:oai:RePEc:imf:imfwpa:2017/040","doi":null,"is_oa":false,"landing_page_url":"http://www.imf.org/external/pubs/cat/longres.aspx?sk=44721","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":null,"raw_type":"preprint"},{"id":"pmh:oai:econstor.eu:10419/229456","doi":null,"is_oa":false,"landing_page_url":"http://hdl.handle.net/10419/229456","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"},{"id":"doi:10.48550/arxiv.2010.14668","doi":"https://doi.org/10.48550/arxiv.2010.14668","is_oa":true,"landing_page_url":"https://doi.org/10.48550/arxiv.2010.14668","pdf_url":null,"source":{"id":"https://openalex.org/S4306400194","display_name":"arXiv (Cornell University)","issn_l":"2331-8422","issn":["2331-8422"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I205783295","host_organization_name":"Cornell University","host_organization_lineage":["https://openalex.org/I205783295"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"Preprint"},{"id":"mag:3125520459","doi":null,"is_oa":false,"landing_page_url":"http://www.elibrary.imf.org/view/IMF001/24117-9781475584783/24117-9781475584783/24117-9781475584783_A001.xml","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":{"id":"doi:10.5089/9781475584783.001","doi":"https://doi.org/10.5089/9781475584783.001","is_oa":true,"landing_page_url":"https://doi.org/10.5089/9781475584783.001","pdf_url":"https://www.elibrary.imf.org/doc/IMF001/24117-9781475584783/24117-9781475584783/Other_formats/Source_PDF/24117-9781475584905.pdf","source":{"id":"https://openalex.org/S4210171147","display_name":"IMF Working Paper","issn_l":"1018-5941","issn":["1018-5941","2227-8885"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["cwts-core"],"host_organization":"https://openalex.org/P4310316166","host_organization_name":"International Monetary Fund","host_organization_lineage":["https://openalex.org/P4310316166","https://openalex.org/P4310321776"],"host_organization_lineage_names":["International Monetary Fund","United Nations"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"IMF Working Papers","raw_type":"journal-article"},"sustainable_development_goals":[{"display_name":"Decent work and economic growth","id":"https://metadata.un.org/sdg/8","score":0.7257999777793884}],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":true,"grobid_xml":true},"content_urls":{"pdf":"https://content.openalex.org/works/W2602553370.pdf","grobid_xml":"https://content.openalex.org/works/W2602553370.grobid-xml"},"referenced_works_count":75,"referenced_works":["https://openalex.org/W1481457862","https://openalex.org/W1497106813","https://openalex.org/W1553781990","https://openalex.org/W1654563322","https://openalex.org/W1870476582","https://openalex.org/W1878444251","https://openalex.org/W1971688089","https://openalex.org/W1980645891","https://openalex.org/W1981242418","https://openalex.org/W2004853000","https://openalex.org/W2005625768","https://openalex.org/W2019551238","https://openalex.org/W2028823183","https://openalex.org/W2030310082","https://openalex.org/W2046692132","https://openalex.org/W2057013615","https://openalex.org/W2072799135","https://openalex.org/W2082839717","https://openalex.org/W2086270352","https://openalex.org/W2087972002","https://openalex.org/W2101472359","https://openalex.org/W2101568170","https://openalex.org/W2101665611","https://openalex.org/W2113267651","https://openalex.org/W2118948993","https://openalex.org/W2123241258","https://openalex.org/W2124091152","https://openalex.org/W2129869037","https://openalex.org/W2130796440","https://openalex.org/W2135663219","https://openalex.org/W2135814741","https://openalex.org/W2143796475","https://openalex.org/W2144187001","https://openalex.org/W2153167435","https://openalex.org/W2153847669","https://openalex.org/W2154658943","https://openalex.org/W2167824164","https://openalex.org/W2174472087","https://openalex.org/W2207093475","https://openalex.org/W2217626542","https://openalex.org/W2218083010","https://openalex.org/W2247406611","https://openalex.org/W2293560079","https://openalex.org/W2296100012","https://openalex.org/W2461886161","https://openalex.org/W2473196098","https://openalex.org/W2595092715","https://openalex.org/W2602428986","https://openalex.org/W2742700152","https://openalex.org/W2890450911","https://openalex.org/W2895328444","https://openalex.org/W2904807792","https://openalex.org/W2923803554","https://openalex.org/W3005225478","https://openalex.org/W3022790766","https://openalex.org/W3040012555","https://openalex.org/W3121293400","https://openalex.org/W3121702935","https://openalex.org/W3121935849","https://openalex.org/W3122247972","https://openalex.org/W3122756410","https://openalex.org/W3122927531","https://openalex.org/W3123148027","https://openalex.org/W3123272341","https://openalex.org/W3123344318","https://openalex.org/W3123352388","https://openalex.org/W3123613916","https://openalex.org/W3123968775","https://openalex.org/W3123970111","https://openalex.org/W3124173782","https://openalex.org/W3125145279","https://openalex.org/W3125986346","https://openalex.org/W4295524107","https://openalex.org/W4385367571","https://openalex.org/W6676582887"],"related_works":["https://openalex.org/W4365788097","https://openalex.org/W1607526292","https://openalex.org/W4390617304","https://openalex.org/W3122521042","https://openalex.org/W2955512805","https://openalex.org/W2525956603","https://openalex.org/W4416039458","https://openalex.org/W1532745392","https://openalex.org/W1497984737","https://openalex.org/W1553766055"],"abstract_inverted_index":{"How":[0],"should":[1],"central":[2,93,100],"banks":[3],"optimally":[4],"aggregate":[5],"sectoral":[6,34,105,122],"inflation":[7,44,106,147],"rates":[8],"in":[9,22,45,86,127,152],"the":[10,40,73,119,128,137,145,160],"presence":[11],"of":[12,33,75,103,121,136,162],"imperfect":[13],"labor":[14,35,63,123],"mobility":[15,124],"across":[16],"sectors?":[17],"We":[18,55],"study":[19],"this":[20],"issue":[21],"a":[23,30,46,52,115,150],"two-sector":[24],"New-Keynesian":[25],"model":[26,135],"and":[27,57,89,113,143],"show":[28],"that":[29,48],"lower":[31,53],"degree":[32,120],"mobility,":[36,64],"ceteris":[37],"paribus,":[38],"increases":[39],"optimal":[41,129,163],"weight":[42],"on":[43,81,110],"sector":[47,111],"would":[49],"otherwise":[50],"receive":[51],"weight.":[54],"analytically":[56],"numerically":[58],"find":[59],"that,":[60],"with":[61],"limited":[62],"adjustment":[65],"to":[66,125,155,159],"asymmetric":[67],"shocks":[68],"cannot":[69],"fully":[70],"occur":[71],"through":[72],"reallocation":[74],"labor,":[76],"thus":[77],"putting":[78],"more":[79],"pressure":[80],"wages,":[82],"causing":[83],"inefficient":[84],"movements":[85],"relative":[87,158],"prices,":[88],"creating":[90],"scope":[91],"for":[92,118],"bank\u2019s":[94],"intervention.":[95],"These":[96],"findings":[97],"challenge":[98],"standard":[99],"banks\u2019":[101],"practice":[102],"computing":[104],"weights":[107,148],"based":[108],"solely":[109],"size,":[112],"unveil":[114],"significant":[116],"role":[117],"play":[126],"computation.":[130],"In":[131],"an":[132],"extended":[133],"estimated":[134,146],"U.S.":[138],"economy,":[139],"featuring":[140],"customary":[141],"frictions":[142],"shocks,":[144],"imply":[149],"decrease":[151],"welfare":[153],"up":[154],"10":[156],"percent":[157],"case":[161],"weights.":[164]},"counts_by_year":[{"year":2026,"cited_by_count":2},{"year":2025,"cited_by_count":2},{"year":2024,"cited_by_count":4},{"year":2023,"cited_by_count":2}],"updated_date":"2026-11-03T10:50:19.383937","created_date":"2017-04-07T00:00:00"}
