{"id":"https://openalex.org/W2967082634","doi":"https://doi.org/10.2139/ssrn.3361942","title":"Is SOFR better than LIBOR?","display_name":"Is SOFR better than LIBOR?","publication_year":2019,"publication_date":"2019-01-01","ids":{"openalex":"https://openalex.org/W2967082634","doi":"https://doi.org/10.2139/ssrn.3361942","mag":"2967082634"},"language":"en","primary_location":{"id":"doi:10.2139/ssrn.3361942","doi":"https://doi.org/10.2139/ssrn.3361942","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.3361942","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"},"volume":null,"type":"preprint","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://doi.org/10.2139/ssrn.3361942","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5063354801","display_name":"Urban J. Jermann","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I1321305853","display_name":"National Bureau of Economic Research","ror":"https://ror.org/04grmx538","country_code":"US","type":"nonprofit","lineage":["https://openalex.org/I1321305853"]},{"id":"https://openalex.org/I79576946","display_name":"University of Pennsylvania","ror":"https://ror.org/00b30xv10","country_code":"US","type":"education","lineage":["https://openalex.org/I79576946"]}],"countries":["US"],"is_corresponding":true,"raw_author_name":"Urban J. Jermann","raw_affiliation_strings":["National Bureau of Economic Research (NBER), 1050 Massachusetts Avenue, Cambridge, MA 02138, United States","University of Pennsylvania - Finance Department, The Wharton School, 3620 Locust Walk, Philadelphia, PA 19104, United States","National Bureau of Economic Research (NBER)","University of Pennsylvania - Finance Department"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"National Bureau of Economic Research (NBER), 1050 Massachusetts Avenue, Cambridge, MA 02138, United States","institution_ids":["https://openalex.org/I1321305853"]},{"raw_affiliation_string":"University of Pennsylvania - Finance Department, The Wharton School, 3620 Locust Walk, Philadelphia, PA 19104, United States","institution_ids":["https://openalex.org/I79576946"]},{"raw_affiliation_string":"National Bureau of Economic Research (NBER)","institution_ids":["https://openalex.org/I1321305853"]},{"raw_affiliation_string":"University of Pennsylvania - Finance Department","institution_ids":["https://openalex.org/I79576946"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":2,"corresponding_author_ids":["https://openalex.org/A5063354801"],"corresponding_institution_ids":["https://openalex.org/I1321305853","https://openalex.org/I79576946"],"apc_list":null,"apc_paid":null,"fwci":null,"has_fulltext":false,"cited_by_count":20,"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/T10127","display_name":"Banking stability, regulation, efficiency","score":0.7235999703407288,"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"}},"topics":[{"id":"https://openalex.org/T10127","display_name":"Banking stability, regulation, efficiency","score":0.7235999703407288,"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"}},{"id":"https://openalex.org/T10067","display_name":"Stochastic processes and financial applications","score":0.07649999856948853,"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"}},{"id":"https://openalex.org/T10503","display_name":"Global Financial Crisis and Policies","score":0.03290000185370445,"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/sofr","display_name":"SOFR","score":0.9850000143051147},{"id":"https://openalex.org/keywords/libor","display_name":"LIBOR","score":0.925000011920929},{"id":"https://openalex.org/keywords/benchmark-interest-rate","display_name":"benchmark interest rate","score":0.5440000295639038},{"id":"https://openalex.org/keywords/funding-shocks","display_name":"funding shocks","score":0.6959999799728394},{"id":"https://openalex.org/keywords/interest-rate-risk","display_name":"interest rate risk","score":0.421999990940094},{"id":"https://openalex.org/keywords/stylized-model","display_name":"stylized model","score":0.4359999895095825}],"concepts":[{"id":"https://openalex.org/C153364924","wikidata":"https://www.wikidata.org/wiki/Q207351","display_name":"Libor","level":3,"score":0.855510950088501},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.33306053280830383},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.1377142369747162},{"id":"https://openalex.org/C175025494","wikidata":"https://www.wikidata.org/wiki/Q179179","display_name":"Interest rate","level":2,"score":0.1034037172794342}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.2139/ssrn.3361942","doi":"https://doi.org/10.2139/ssrn.3361942","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.3361942","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"}],"best_oa_location":{"id":"doi:10.2139/ssrn.3361942","doi":"https://doi.org/10.2139/ssrn.3361942","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.3361942","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"},"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":17,"referenced_works":["https://openalex.org/W1560350676","https://openalex.org/W1597049462","https://openalex.org/W2081035952","https://openalex.org/W2115657206","https://openalex.org/W2394020335","https://openalex.org/W2582123916","https://openalex.org/W2597947150","https://openalex.org/W2769698321","https://openalex.org/W3121356933","https://openalex.org/W3121467050","https://openalex.org/W3122556267","https://openalex.org/W3123135051","https://openalex.org/W3124082201","https://openalex.org/W3126102616","https://openalex.org/W4236584637","https://openalex.org/W4237756807","https://openalex.org/W4247846273"],"related_works":["https://openalex.org/W7057185036","https://openalex.org/W4285080345","https://openalex.org/W3202369708","https://openalex.org/W4403851669","https://openalex.org/W3043788436","https://openalex.org/W4220902761","https://openalex.org/W4387375061","https://openalex.org/W4400892640","https://openalex.org/W4413670102","https://openalex.org/W7065875507"],"abstract_inverted_index":null,"counts_by_year":[{"year":2025,"cited_by_count":3},{"year":2024,"cited_by_count":4},{"year":2023,"cited_by_count":5},{"year":2022,"cited_by_count":3},{"year":2021,"cited_by_count":3},{"year":2020,"cited_by_count":1},{"year":2019,"cited_by_count":1}],"updated_date":"2026-10-12T09:40:04.860316","created_date":"2019-08-22T00:00:00"}
