{"id":"https://openalex.org/W2765746140","doi":"https://doi.org/10.1016/j.jmoneco.2017.10.006","title":"Innovation, productivity, and monetary policy","display_name":"Innovation, productivity, and monetary policy","publication_year":2017,"publication_date":"2017-11-01","ids":{"openalex":"https://openalex.org/W2765746140","doi":"https://doi.org/10.1016/j.jmoneco.2017.10.006","mag":"2765746140"},"language":"en","primary_location":{"id":"doi:10.1016/j.jmoneco.2017.10.006","doi":"https://doi.org/10.1016/j.jmoneco.2017.10.006","is_oa":false,"landing_page_url":"https://doi.org/10.1016/j.jmoneco.2017.10.006","pdf_url":null,"source":{"id":"https://openalex.org/S6711363","display_name":"Journal of Monetary Economics","issn_l":"0304-3932","issn":["0304-3932","1873-1295"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a-star","anvur-class-a","anvur-scientific","cwts-core","erih-plus","jufo-3","norway-2","poland-200","russia-white-list-1","vabb-shw"],"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":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Monetary Economics","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://www.federalreserve.gov/econres/ifdp/files/ifdp1217.pdf","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":null,"display_name":"Patrick Moran","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I40120149","display_name":"University of Oxford","ror":"https://ror.org/052gg0110","country_code":"GB","type":"education","lineage":["https://openalex.org/I40120149"]}],"countries":["GB"],"is_corresponding":false,"raw_author_name":"Patrick Moran","raw_affiliation_strings":["Department of Economics, University of Oxford, Manor Road Building, Oxford OX1 3UQ, UK"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Economics, University of Oxford, Manor Road Building, Oxford OX1 3UQ, UK","institution_ids":["https://openalex.org/I40120149"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5029033243","display_name":"Albert Queralt\u00f3","orcid":"https://orcid.org/0000-0001-9101-0033","observed_orcids":["https://orcid.org/0000-0001-9101-0033"]},"institutions":[{"id":"https://openalex.org/I2802905149","display_name":"Federal Reserve Board of Governors","ror":"https://ror.org/00v448643","country_code":"US","type":"government","lineage":["https://openalex.org/I1317239608","https://openalex.org/I2802905149"]}],"countries":["US"],"is_corresponding":true,"raw_author_name":"Albert Queralto","raw_affiliation_strings":["Federal Reserve Board, 20th St and Constitution Ave NW, Washington, DC, 20551, USA"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Federal Reserve Board, 20th St and Constitution Ave NW, Washington, DC, 20551, USA","institution_ids":["https://openalex.org/I2802905149"]}]}],"institutions":[],"countries_distinct_count":2,"institutions_distinct_count":2,"corresponding_author_ids":["https://openalex.org/A5029033243"],"corresponding_institution_ids":["https://openalex.org/I2802905149"],"apc_list":{"value":4660,"currency":"USD","value_usd":4660},"apc_paid":null,"fwci":14.1341,"has_fulltext":true,"cited_by_count":144,"citation_normalized_percentile":{"value":0.98687581,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":97,"max":100},"biblio":{"volume":"93","issue":null,"first_page":"24","last_page":"41"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.9965999722480774,"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":0.9965999722480774,"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":0.0026000000070780516,"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/T10393","display_name":"Economic Growth and Productivity","score":0.0003000000142492354,"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/monetary-policy","display_name":"monetary policy","score":0.9599999785423279},{"id":"https://openalex.org/keywords/business-innovation","display_name":"business innovation","score":0.9390000104904175},{"id":"https://openalex.org/keywords/productivity-growth","display_name":"productivity growth","score":0.8740000128746033},{"id":"https://openalex.org/keywords/total-factor-productivity","display_name":"total factor productivity","score":0.9340000152587891},{"id":"https://openalex.org/keywords/zero-lower-bound","display_name":"zero lower bound","score":0.9940000176429749},{"id":"https://openalex.org/keywords/research-and-development","display_name":"research and development","score":0.5509999990463257},{"id":"https://openalex.org/keywords/monetary-easing","display_name":"monetary easing","score":0.47099998593330383},{"id":"https://openalex.org/keywords/new-keynesian-model","display_name":"New Keynesian model","score":0.9169999957084656},{"id":"https://openalex.org/keywords/monetary-policy-shocks","display_name":"monetary policy shocks","score":0.5049999952316284}],"concepts":[{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.8107445240020752},{"id":"https://openalex.org/C126285488","wikidata":"https://www.wikidata.org/wiki/Q178476","display_name":"Monetary policy","level":2,"score":0.7529559135437012},{"id":"https://openalex.org/C204983608","wikidata":"https://www.wikidata.org/wiki/Q2111958","display_name":"Productivity","level":2,"score":0.7516360282897949},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.5462987422943115},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.42864933609962463}],"mesh":[],"locations_count":3,"locations":[{"id":"doi:10.1016/j.jmoneco.2017.10.006","doi":"https://doi.org/10.1016/j.jmoneco.2017.10.006","is_oa":false,"landing_page_url":"https://doi.org/10.1016/j.jmoneco.2017.10.006","pdf_url":null,"source":{"id":"https://openalex.org/S6711363","display_name":"Journal of Monetary Economics","issn_l":"0304-3932","issn":["0304-3932","1873-1295"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a-star","anvur-class-a","anvur-scientific","cwts-core","erih-plus","jufo-3","norway-2","poland-200","russia-white-list-1","vabb-shw"],"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":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Monetary Economics","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:fip:fedgif:1217","doi":null,"is_oa":true,"landing_page_url":"https://www.federalreserve.gov/econres/ifdp/files/ifdp1217.pdf","pdf_url":"https://www.federalreserve.gov/econres/ifdp/files/ifdp1217.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":"pmh:oai:RePEc:eee:moneco:v:93:y:2018:i:c:p:24-41","doi":null,"is_oa":false,"landing_page_url":"http://www.sciencedirect.com/science/article/pii/S0304393217301216","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"}],"best_oa_location":{"id":"pmh:oai:RePEc:fip:fedgif:1217","doi":null,"is_oa":true,"landing_page_url":"https://www.federalreserve.gov/econres/ifdp/files/ifdp1217.pdf","pdf_url":"https://www.federalreserve.gov/econres/ifdp/files/ifdp1217.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"},"sustainable_development_goals":[{"id":"https://metadata.un.org/sdg/8","display_name":"Decent work and economic growth","score":0.9211000204086304}],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":true,"grobid_xml":true},"content_urls":{"pdf":"https://content.openalex.org/works/W2765746140.pdf","grobid_xml":"https://content.openalex.org/works/W2765746140.grobid-xml"},"referenced_works_count":39,"referenced_works":["https://openalex.org/W1482401614","https://openalex.org/W1483452340","https://openalex.org/W1584845229","https://openalex.org/W1976140283","https://openalex.org/W1999886733","https://openalex.org/W2055344690","https://openalex.org/W2120419362","https://openalex.org/W2122595797","https://openalex.org/W2158366624","https://openalex.org/W2162484441","https://openalex.org/W2167417754","https://openalex.org/W2182330363","https://openalex.org/W2491291447","https://openalex.org/W2509247756","https://openalex.org/W2525373672","https://openalex.org/W2563284437","https://openalex.org/W2564193484","https://openalex.org/W2893261688","https://openalex.org/W2954850316","https://openalex.org/W3021811462","https://openalex.org/W3023077672","https://openalex.org/W3023499496","https://openalex.org/W3121293400","https://openalex.org/W3122627340","https://openalex.org/W3123176201","https://openalex.org/W3123242033","https://openalex.org/W3123499721","https://openalex.org/W3123778047","https://openalex.org/W3123970111","https://openalex.org/W3124630963","https://openalex.org/W3125010103","https://openalex.org/W3125759219","https://openalex.org/W3125876211","https://openalex.org/W3125912523","https://openalex.org/W3126132674","https://openalex.org/W3139405072","https://openalex.org/W4231334164","https://openalex.org/W4253342675","https://openalex.org/W4300995084"],"related_works":["https://openalex.org/W7110468977","https://openalex.org/W4384154722","https://openalex.org/W4406352690","https://openalex.org/W4377235346","https://openalex.org/W4386831534","https://openalex.org/W4388626159","https://openalex.org/W3121484819","https://openalex.org/W1544458269","https://openalex.org/W2742627024","https://openalex.org/W6908593119"],"abstract_inverted_index":null,"counts_by_year":[{"year":2026,"cited_by_count":19},{"year":2025,"cited_by_count":24},{"year":2024,"cited_by_count":26},{"year":2023,"cited_by_count":24},{"year":2022,"cited_by_count":12},{"year":2021,"cited_by_count":17},{"year":2020,"cited_by_count":13},{"year":2019,"cited_by_count":4},{"year":2018,"cited_by_count":5}],"updated_date":"2026-10-16T09:59:22.235173","created_date":"2017-11-10T00:00:00"}