{"id":"https://openalex.org/W2909758105","doi":"https://doi.org/10.1111/ecpo.12126","title":"The influence of government ideology on monetary policy: New cross\u2010country evidence based on dynamic heterogeneous panels","display_name":"The influence of government ideology on monetary policy: New cross\u2010country evidence based on dynamic heterogeneous panels","publication_year":2019,"publication_date":"2019-01-10","ids":{"openalex":"https://openalex.org/W2909758105","doi":"https://doi.org/10.1111/ecpo.12126","mag":"2909758105"},"language":"en","primary_location":{"id":"doi:10.1111/ecpo.12126","doi":"https://doi.org/10.1111/ecpo.12126","is_oa":true,"landing_page_url":"https://doi.org/10.1111/ecpo.12126","pdf_url":"https://onlinelibrary.wiley.com/doi/pdfdirect/10.1111/ecpo.12126","source":{"id":"https://openalex.org/S197981039","display_name":"Economics and Politics","issn_l":"0954-1985","issn":["0954-1985","1468-0343"],"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-1"],"host_organization":"https://openalex.org/P4310320595","host_organization_name":"Wiley","host_organization_lineage":["https://openalex.org/P4310320595"],"host_organization_lineage_names":["Wiley"],"type":"journal"},"license":"cc-by-nc","license_id":"https://openalex.org/licenses/cc-by-nc","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Economics & Politics","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"hybrid","oa_url":"https://onlinelibrary.wiley.com/doi/pdfdirect/10.1111/ecpo.12126","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5009057720","display_name":"Federico M. Giesenow","orcid":"https://orcid.org/0000-0002-5443-0415","observed_orcids":["https://orcid.org/0000-0002-5443-0415"]},"institutions":[{"id":"https://openalex.org/I169381384","display_name":"University of Groningen","ror":"https://ror.org/012p63287","country_code":"NL","type":"education","lineage":["https://openalex.org/I169381384"]}],"countries":["NL"],"is_corresponding":true,"raw_author_name":"Federico M. Giesenow","raw_affiliation_strings":["University of Groningen, Groningen, The Netherlands"],"raw_orcid":"https://orcid.org/0000-0002-5443-0415","affiliations":[{"raw_affiliation_string":"University of Groningen, Groningen, The Netherlands","institution_ids":["https://openalex.org/I169381384"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5049827825","display_name":"Jakob de Haan","orcid":"https://orcid.org/0000-0002-5504-9448","observed_orcids":["https://orcid.org/0000-0002-5504-9448"]},"institutions":[{"id":"https://openalex.org/I169381384","display_name":"University of Groningen","ror":"https://ror.org/012p63287","country_code":"NL","type":"education","lineage":["https://openalex.org/I169381384"]},{"id":"https://openalex.org/I96120398","display_name":"De Nederlandsche Bank","ror":"https://ror.org/02fabx761","country_code":"NL","type":"funder","lineage":["https://openalex.org/I96120398"]}],"countries":["NL"],"is_corresponding":false,"raw_author_name":"Jakob de Haan","raw_affiliation_strings":["CESifo, Munich, Germany","De Nederlandsche Bank, Amsterdam, The Netherlands","University of Groningen, Groningen, The Netherlands"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"CESifo, Munich, Germany","institution_ids":[]},{"raw_affiliation_string":"De Nederlandsche Bank, Amsterdam, The Netherlands","institution_ids":["https://openalex.org/I96120398"]},{"raw_affiliation_string":"University of Groningen, Groningen, The Netherlands","institution_ids":["https://openalex.org/I169381384"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":2,"corresponding_author_ids":["https://openalex.org/A5009057720"],"corresponding_institution_ids":["https://openalex.org/I169381384"],"apc_list":{"value":2500,"currency":"USD","value_usd":2500},"apc_paid":{"value":2500,"currency":"USD","value_usd":2500},"fwci":4.8353,"has_fulltext":true,"cited_by_count":14,"citation_normalized_percentile":{"value":0.94777861,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":88,"max":97},"biblio":{"volume":"31","issue":"2","first_page":"216","last_page":"239"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.9961000084877014,"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":0.9961000084877014,"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/T11621","display_name":"Fiscal Policies and Political Economy","score":0.0019000000320374966,"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/T10503","display_name":"Global Financial Crisis and Policies","score":0.00019999999494757503,"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/government-ideology","display_name":"government ideology","score":0.9919999837875366},{"id":"https://openalex.org/keywords/monetary-policy","display_name":"monetary policy","score":0.9940000176429749},{"id":"https://openalex.org/keywords/central-bank-independence","display_name":"central bank independence","score":0.9549999833106995},{"id":"https://openalex.org/keywords/partisan-effects","display_name":"partisan effects","score":0.800000011920929},{"id":"https://openalex.org/keywords/taylor-rule","display_name":"Taylor rule","score":0.9559999704360962},{"id":"https://openalex.org/keywords/real-time-data","display_name":"real-time data","score":0.6200000047683716},{"id":"https://openalex.org/keywords/electoral-calendar","display_name":"electoral calendar","score":0.6549999713897705},{"id":"https://openalex.org/keywords/incumbent-government","display_name":"incumbent government","score":0.640999972820282},{"id":"https://openalex.org/keywords/oecd-countries","display_name":"OECD countries","score":0.7160000205039978}],"concepts":[{"id":"https://openalex.org/C158071213","wikidata":"https://www.wikidata.org/wiki/Q7257","display_name":"Ideology","level":3,"score":0.8478650450706482},{"id":"https://openalex.org/C185429906","wikidata":"https://www.wikidata.org/wiki/Q1130160","display_name":"Estimator","level":2,"score":0.6947184801101685},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.6256083250045776},{"id":"https://openalex.org/C2778222704","wikidata":"https://www.wikidata.org/wiki/Q1898150","display_name":"Taylor rule","level":4,"score":0.6063914895057678},{"id":"https://openalex.org/C35651441","wikidata":"https://www.wikidata.org/wiki/Q625303","display_name":"Independence (probability theory)","level":2,"score":0.57753586769104},{"id":"https://openalex.org/C126285488","wikidata":"https://www.wikidata.org/wiki/Q178476","display_name":"Monetary policy","level":2,"score":0.5744831562042236},{"id":"https://openalex.org/C2778137410","wikidata":"https://www.wikidata.org/wiki/Q2732820","display_name":"Government (linguistics)","level":2,"score":0.5653322339057922},{"id":"https://openalex.org/C198531522","wikidata":"https://www.wikidata.org/wiki/Q485146","display_name":"Sample (material)","level":2,"score":0.5463892817497253},{"id":"https://openalex.org/C2992735868","wikidata":"https://www.wikidata.org/wiki/Q66344","display_name":"Central bank","level":3,"score":0.46906447410583496},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.4588322043418884},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.39341869950294495},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.3444415032863617},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.24966385960578918},{"id":"https://openalex.org/C94625758","wikidata":"https://www.wikidata.org/wiki/Q7163","display_name":"Politics","level":2,"score":0.20962640643119812},{"id":"https://openalex.org/C105795698","wikidata":"https://www.wikidata.org/wiki/Q12483","display_name":"Statistics","level":1,"score":0.07788422703742981},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.0},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0},{"id":"https://openalex.org/C43617362","wikidata":"https://www.wikidata.org/wiki/Q170050","display_name":"Chromatography","level":1,"score":0.0},{"id":"https://openalex.org/C41895202","wikidata":"https://www.wikidata.org/wiki/Q8162","display_name":"Linguistics","level":1,"score":0.0},{"id":"https://openalex.org/C185592680","wikidata":"https://www.wikidata.org/wiki/Q2329","display_name":"Chemistry","level":0,"score":0.0},{"id":"https://openalex.org/C138885662","wikidata":"https://www.wikidata.org/wiki/Q5891","display_name":"Philosophy","level":0,"score":0.0}],"mesh":[],"locations_count":3,"locations":[{"id":"doi:10.1111/ecpo.12126","doi":"https://doi.org/10.1111/ecpo.12126","is_oa":true,"landing_page_url":"https://doi.org/10.1111/ecpo.12126","pdf_url":"https://onlinelibrary.wiley.com/doi/pdfdirect/10.1111/ecpo.12126","source":{"id":"https://openalex.org/S197981039","display_name":"Economics and Politics","issn_l":"0954-1985","issn":["0954-1985","1468-0343"],"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-1"],"host_organization":"https://openalex.org/P4310320595","host_organization_name":"Wiley","host_organization_lineage":["https://openalex.org/P4310320595"],"host_organization_lineage_names":["Wiley"],"type":"journal"},"license":"cc-by-nc","license_id":"https://openalex.org/licenses/cc-by-nc","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Economics & Politics","raw_type":"journal-article"},{"id":"pmh:oai:pure.rug.nl:openaire/4ba42cb1-65f1-4172-ae25-3290fd8e3498","doi":null,"is_oa":true,"landing_page_url":"https://research.rug.nl/en/publications/4ba42cb1-65f1-4172-ae25-3290fd8e3498","pdf_url":null,"source":{"id":"https://openalex.org/S4306400420","display_name":"University of Groningen research database (University of Groningen / Centre for Information Technology)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I169381384","host_organization_name":"University of Groningen","host_organization_lineage":["https://openalex.org/I169381384"],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by-nc","license_id":"https://openalex.org/licenses/cc-by-nc","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Giesenow, F M & de Haan, J 2019, 'The influence of government ideology on monetary policy : New cross-country evidence based on dynamic heterogeneous panels', Economics and Politics, vol. 31, no. 2, pp. 216-239. https://doi.org/10.1111/ecpo.12126","raw_type":"info:eu-repo/semantics/article"},{"id":"pmh:rug:oai:pure.rug.nl:publications/4ba42cb1-65f1-4172-ae25-3290fd8e3498","doi":null,"is_oa":true,"landing_page_url":"https://research.rug.nl/en/publications/4ba42cb1-65f1-4172-ae25-3290fd8e3498","pdf_url":null,"source":{"id":"https://openalex.org/S4306400420","display_name":"University of Groningen research database (University of Groningen / Centre for Information Technology)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I169381384","host_organization_name":"University of Groningen","host_organization_lineage":["https://openalex.org/I169381384"],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by-nc","license_id":"https://openalex.org/licenses/cc-by-nc","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Economics and Politics, 31(2), 216 - 239. Wiley","raw_type":"info:eu-repo/semantics/article"}],"best_oa_location":{"id":"doi:10.1111/ecpo.12126","doi":"https://doi.org/10.1111/ecpo.12126","is_oa":true,"landing_page_url":"https://doi.org/10.1111/ecpo.12126","pdf_url":"https://onlinelibrary.wiley.com/doi/pdfdirect/10.1111/ecpo.12126","source":{"id":"https://openalex.org/S197981039","display_name":"Economics and Politics","issn_l":"0954-1985","issn":["0954-1985","1468-0343"],"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-1"],"host_organization":"https://openalex.org/P4310320595","host_organization_name":"Wiley","host_organization_lineage":["https://openalex.org/P4310320595"],"host_organization_lineage_names":["Wiley"],"type":"journal"},"license":"cc-by-nc","license_id":"https://openalex.org/licenses/cc-by-nc","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Economics & Politics","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/W2909758105.pdf","grobid_xml":"https://content.openalex.org/works/W2909758105.grobid-xml"},"referenced_works_count":59,"referenced_works":["https://openalex.org/W1495656322","https://openalex.org/W1503880164","https://openalex.org/W1522868891","https://openalex.org/W1558946315","https://openalex.org/W1567913322","https://openalex.org/W1571629507","https://openalex.org/W1599051804","https://openalex.org/W1782756960","https://openalex.org/W1809566547","https://openalex.org/W1969886729","https://openalex.org/W1976694415","https://openalex.org/W1980392667","https://openalex.org/W2007867145","https://openalex.org/W2008602372","https://openalex.org/W2016677768","https://openalex.org/W2019018595","https://openalex.org/W2025610165","https://openalex.org/W2030172216","https://openalex.org/W2035694609","https://openalex.org/W2043126980","https://openalex.org/W2053625815","https://openalex.org/W2058880417","https://openalex.org/W2060485815","https://openalex.org/W2065293388","https://openalex.org/W2071434239","https://openalex.org/W2098317876","https://openalex.org/W2101813945","https://openalex.org/W2101890701","https://openalex.org/W2112352537","https://openalex.org/W2117454333","https://openalex.org/W2122950928","https://openalex.org/W2133811357","https://openalex.org/W2134246329","https://openalex.org/W2136627960","https://openalex.org/W2140898820","https://openalex.org/W2144635911","https://openalex.org/W2146991276","https://openalex.org/W2501620470","https://openalex.org/W2518624813","https://openalex.org/W2782325728","https://openalex.org/W2922338199","https://openalex.org/W2955623674","https://openalex.org/W2964432269","https://openalex.org/W3021883696","https://openalex.org/W3023652150","https://openalex.org/W3121403162","https://openalex.org/W3121730734","https://openalex.org/W3122315136","https://openalex.org/W3123168757","https://openalex.org/W3123535049","https://openalex.org/W3124044836","https://openalex.org/W3124420903","https://openalex.org/W3124573990","https://openalex.org/W3125435307","https://openalex.org/W3126098024","https://openalex.org/W4213057859","https://openalex.org/W4250232436","https://openalex.org/W4253122929","https://openalex.org/W4294282728"],"related_works":["https://openalex.org/W7098496149","https://openalex.org/W349112820","https://openalex.org/W2133811357","https://openalex.org/W3123150785","https://openalex.org/W2566588058","https://openalex.org/W2999436609","https://openalex.org/W2120152338","https://openalex.org/W4404572224","https://openalex.org/W2126862975","https://openalex.org/W1998286396"],"abstract_inverted_index":{"Abstract":[0],"Using":[1],"data":[2,41],"of":[3,30,85,88],"23":[4],"OECD":[5],"countries":[6],"over":[7],"the":[8,62,83,86,89,93],"1980\u20132005":[9],"period,":[10],"we":[11,32],"examine":[12],"whether":[13],"government":[14,91],"ideology":[15,87],"affects":[16],"monetary":[17],"policy,":[18],"conditional":[19],"on":[20],"central":[21,34,77],"bank":[22,35,78],"independence.":[23],"Unlike":[24],"previous":[25],"studies":[26],"in":[27,42],"this":[28],"line":[29],"literature,":[31],"estimate":[33],"behavior":[36,79],"using":[37],"forward\u2010looking":[38],"and":[39,46,92],"real\u2010time":[40],"Taylor":[43],"rule":[44],"models":[45,56],"use":[47],"estimators":[48],"that":[49,76],"allow":[50],"for":[51,61],"heterogeneity":[52],"across":[53],"countries.":[54],"Our":[55],"with":[57],"heterogeneous":[58],"slope":[59],"coefficients":[60],"full":[63],"sample":[64],"do":[65,72],"not":[66,73],"suggest":[67],"partisan":[68],"effects.":[69],"We":[70],"also":[71],"find":[74],"evidence":[75],"is":[80],"conditioned":[81],"by":[82],"interaction":[84],"incumbent":[90],"electoral":[94],"calendar.":[95]},"counts_by_year":[{"year":2026,"cited_by_count":1},{"year":2024,"cited_by_count":2},{"year":2023,"cited_by_count":2},{"year":2022,"cited_by_count":3},{"year":2021,"cited_by_count":1},{"year":2020,"cited_by_count":2},{"year":2019,"cited_by_count":3}],"updated_date":"2026-10-30T12:39:25.321706","created_date":"2019-01-25T00:00:00"}