{"id":"https://openalex.org/W2936498585","doi":"https://doi.org/10.1002/pa.1940","title":"Unconventional monetary policy spillovers: Evidence from India","display_name":"Unconventional monetary policy spillovers: Evidence from India","publication_year":2019,"publication_date":"2019-04-09","ids":{"openalex":"https://openalex.org/W2936498585","doi":"https://doi.org/10.1002/pa.1940","mag":"2936498585"},"language":"en","primary_location":{"id":"doi:10.1002/pa.1940","doi":"https://doi.org/10.1002/pa.1940","is_oa":false,"landing_page_url":"https://doi.org/10.1002/pa.1940","pdf_url":null,"source":{"id":"https://openalex.org/S4210184645","display_name":"Journal of Public Affairs","issn_l":"1472-3891","issn":["1472-3891","1479-1854"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-b","anvur-class-a","anvur-scientific","cwts-core","jufo-1","norway-1","poland-40","russia-white-list-1","vabb-shw"],"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":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Public Affairs","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":null,"display_name":"Aiswarya Thomas","orcid":"https://orcid.org/0000-0002-7595-738X","observed_orcids":["https://orcid.org/0000-0002-7595-738X"]},"institutions":[{"id":"https://openalex.org/I3130082100","display_name":"IFMR Graduate School of Business","ror":"https://ror.org/04dtrtr74","country_code":"IN","type":"education","lineage":["https://openalex.org/I3130082100"]}],"countries":["IN"],"is_corresponding":true,"raw_author_name":"Aiswarya Thomas","raw_affiliation_strings":["Economics Institute for Financial Management and Research  Chennai India","Economics, Institute for Financial Management and Research, Chennai, India"],"raw_orcid":"https://orcid.org/0000-0002-7595-738X","affiliations":[{"raw_affiliation_string":"Economics Institute for Financial Management and Research  Chennai India","institution_ids":[]},{"raw_affiliation_string":"Economics, Institute for Financial Management and Research, Chennai, India","institution_ids":["https://openalex.org/I3130082100"]}]},{"author_position":"last","author":{"id":null,"display_name":"Lakshmi Kumar","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I3130082100","display_name":"IFMR Graduate School of Business","ror":"https://ror.org/04dtrtr74","country_code":"IN","type":"education","lineage":["https://openalex.org/I3130082100"]}],"countries":["IN"],"is_corresponding":false,"raw_author_name":"Lakshmi Kumar","raw_affiliation_strings":["Economics Institute for Financial Management and Research  Chennai India","Economics, Institute for Financial Management and Research, Chennai, India"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Economics Institute for Financial Management and Research  Chennai India","institution_ids":[]},{"raw_affiliation_string":"Economics, Institute for Financial Management and Research, Chennai, India","institution_ids":["https://openalex.org/I3130082100"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":[],"corresponding_institution_ids":["https://openalex.org/I3130082100"],"apc_list":{"value":2500,"currency":"USD","value_usd":2500},"apc_paid":null,"fwci":0.5369,"has_fulltext":false,"cited_by_count":1,"citation_normalized_percentile":{"value":0.73292816,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":88,"max":93},"biblio":{"volume":"19","issue":"4","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":0.9589999914169312,"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":0.9589999914169312,"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/T11059","display_name":"Market Dynamics and Volatility","score":0.031199999153614044,"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":0.006200000178068876,"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/unconventional-monetary-policy","display_name":"unconventional monetary policy","score":0.9990000128746033},{"id":"https://openalex.org/keywords/monetary-policy-spillovers","display_name":"monetary policy spillovers","score":0.9380000233650208},{"id":"https://openalex.org/keywords/central-bank-announcements","display_name":"central bank announcements","score":0.6539999842643738},{"id":"https://openalex.org/keywords/asset-prices","display_name":"asset prices","score":0.7360000014305115},{"id":"https://openalex.org/keywords/india","display_name":"India","score":0.6959999799728394},{"id":"https://openalex.org/keywords/asymmetric-response","display_name":"asymmetric response","score":0.4650000035762787},{"id":"https://openalex.org/keywords/federal-reserve","display_name":"Federal Reserve","score":0.6299999952316284},{"id":"https://openalex.org/keywords/european-central-bank","display_name":"European Central Bank","score":0.9729999899864197},{"id":"https://openalex.org/keywords/bank-of-japan","display_name":"Bank of Japan","score":0.8479999899864197},{"id":"https://openalex.org/keywords/bank-of-england","display_name":"Bank of England","score":0.781000018119812},{"id":"https://openalex.org/keywords/international-transmission-of-monetary-policy","display_name":"international monetary policy transmission","score":0.5649999976158142}],"concepts":[{"id":"https://openalex.org/C126285488","wikidata":"https://www.wikidata.org/wiki/Q178476","display_name":"Monetary policy","level":2,"score":0.8499847650527954},{"id":"https://openalex.org/C55527203","wikidata":"https://www.wikidata.org/wiki/Q334194","display_name":"Spillover effect","level":2,"score":0.8360815644264221},{"id":"https://openalex.org/C2780343955","wikidata":"https://www.wikidata.org/wiki/Q333173","display_name":"Surprise","level":2,"score":0.7790111899375916},{"id":"https://openalex.org/C76178495","wikidata":"https://www.wikidata.org/wiki/Q4808784","display_name":"Asset (computer security)","level":2,"score":0.6990151405334473},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.6905560493469238},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.6711500883102417},{"id":"https://openalex.org/C29185160","wikidata":"https://www.wikidata.org/wiki/Q874727","display_name":"Quantitative easing","level":4,"score":0.6668993830680847},{"id":"https://openalex.org/C12958728","wikidata":"https://www.wikidata.org/wiki/Q1002530","display_name":"Event study","level":3,"score":0.6496241688728333},{"id":"https://openalex.org/C202655504","wikidata":"https://www.wikidata.org/wiki/Q16556980","display_name":"Forward guidance","level":5,"score":0.44598427414894104},{"id":"https://openalex.org/C2992735868","wikidata":"https://www.wikidata.org/wiki/Q66344","display_name":"Central bank","level":3,"score":0.3718355894088745},{"id":"https://openalex.org/C185824701","wikidata":"https://www.wikidata.org/wiki/Q1193759","display_name":"Inflation targeting","level":3,"score":0.36027079820632935},{"id":"https://openalex.org/C18547055","wikidata":"https://www.wikidata.org/wiki/Q47417","display_name":"International economics","level":1,"score":0.32368671894073486},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.20301830768585205},{"id":"https://openalex.org/C88583849","wikidata":"https://www.wikidata.org/wiki/Q5183768","display_name":"Credit channel","level":4,"score":0.19424942135810852},{"id":"https://openalex.org/C205649164","wikidata":"https://www.wikidata.org/wiki/Q1071","display_name":"Geography","level":0,"score":0.07894736528396606},{"id":"https://openalex.org/C38652104","wikidata":"https://www.wikidata.org/wiki/Q3510521","display_name":"Computer security","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/C15744967","wikidata":"https://www.wikidata.org/wiki/Q9418","display_name":"Psychology","level":0,"score":0.0},{"id":"https://openalex.org/C166957645","wikidata":"https://www.wikidata.org/wiki/Q23498","display_name":"Archaeology","level":1,"score":0.0},{"id":"https://openalex.org/C2779343474","wikidata":"https://www.wikidata.org/wiki/Q3109175","display_name":"Context (archaeology)","level":2,"score":0.0},{"id":"https://openalex.org/C77805123","wikidata":"https://www.wikidata.org/wiki/Q161272","display_name":"Social psychology","level":1,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1002/pa.1940","doi":"https://doi.org/10.1002/pa.1940","is_oa":false,"landing_page_url":"https://doi.org/10.1002/pa.1940","pdf_url":null,"source":{"id":"https://openalex.org/S4210184645","display_name":"Journal of Public Affairs","issn_l":"1472-3891","issn":["1472-3891","1479-1854"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-b","anvur-class-a","anvur-scientific","cwts-core","jufo-1","norway-1","poland-40","russia-white-list-1","vabb-shw"],"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":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Public Affairs","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[],"sustainable_development_goals_aurora":[{"id":"https://metadata.un.org/sdg/17","score":0.41999998688697815,"display_name":"Partnerships for the goals"}],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":28,"referenced_works":["https://openalex.org/W335783731","https://openalex.org/W601034897","https://openalex.org/W629409678","https://openalex.org/W1577018397","https://openalex.org/W1600001357","https://openalex.org/W1727259390","https://openalex.org/W1954685264","https://openalex.org/W1973138586","https://openalex.org/W1977902245","https://openalex.org/W1989532041","https://openalex.org/W2061873554","https://openalex.org/W2119189903","https://openalex.org/W2165380057","https://openalex.org/W2220142578","https://openalex.org/W2246743722","https://openalex.org/W2257506323","https://openalex.org/W2272244338","https://openalex.org/W2406686962","https://openalex.org/W2529782581","https://openalex.org/W2546815527","https://openalex.org/W2592849278","https://openalex.org/W3121481737","https://openalex.org/W3122021074","https://openalex.org/W3124352938","https://openalex.org/W3124546432","https://openalex.org/W3125175487","https://openalex.org/W3125538466","https://openalex.org/W3126107273"],"related_works":["https://openalex.org/W1965901095","https://openalex.org/W1985847475","https://openalex.org/W1136825211","https://openalex.org/W1931170263","https://openalex.org/W4372200677","https://openalex.org/W2027405617","https://openalex.org/W3125821834","https://openalex.org/W2117171432","https://openalex.org/W2127009463","https://openalex.org/W3124557023"],"abstract_inverted_index":{"Many":[0],"of":[1,17,42,48,52],"the":[2,5,14,18,30,37,43,49,57,60,69,81,84,106],"studies":[3],"on":[4,13,68,105],"unconventional":[6,44,96],"monetary":[7,38,45,97],"policy":[8,15,39,46],"spillover":[9,40],"effects":[10,41],"concentrated":[11],"primarily":[12],"announcements":[16,47],"U.S.":[19],"Federal":[20],"Reserve.":[21],"Using":[22],"a":[23,112],"time":[24,114],"series":[25],"approach,":[26],"with":[27],"dummies":[28],"in":[29,72,83,109,111],"event":[31],"study":[32,35,79,93],"framework,":[33],"this":[34,78],"estimates":[36,80],"central":[50],"banks":[51],"four":[53],"major":[54],"economic":[55],"regions:":[56],"United":[58,61],"States,":[59],"Kingdom,":[62],"European":[63],"Central":[64],"bank,":[65],"and":[66,88],"Japan":[67],"asset":[70,107],"prices":[71,108],"India.":[73],"In":[74],"addition":[75],"to":[76,86],"that,":[77],"asymmetry":[82],"responses":[85],"positive":[87],"negative":[89],"surprise":[90],"announcements.":[91],"The":[92],"reveals":[94],"that":[95],"surprises":[98],"do":[99],"not":[100],"have":[101],"any":[102],"significant":[103],"impact":[104],"India":[110],"narrow":[113],"window.":[115]},"counts_by_year":[{"year":2021,"cited_by_count":1}],"updated_date":"2026-10-14T16:39:01.820549","created_date":"2025-10-10T00:00:00"}