{"id":"https://openalex.org/W3122031986","doi":null,"title":"Monetary Policy and the Uncovered Interest Rate Parity Puzzle","display_name":"Monetary Policy and the Uncovered Interest Rate Parity Puzzle","publication_year":null,"publication_date":null,"ids":{"openalex":"https://openalex.org/W3122031986","mag":"3122031986"},"language":"en","primary_location":{"id":"pmh:oai:RePEc:red:sed008:834","doi":null,"is_oa":false,"landing_page_url":"https://red-files-public.s3.amazonaws.com/meetpapers/2008/paper_834.pdf","pdf_url":"https://red-files-public.s3.amazonaws.com/meetpapers/2008/paper_834.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"},"volume":null,"type":"preprint","indexed_in":[],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5004813950","display_name":"Stanley E. Zin","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/I57206974","display_name":"New York University","ror":"https://ror.org/0190ak572","country_code":"US","type":"education","lineage":["https://openalex.org/I57206974"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Stanley E. Zin","raw_affiliation_strings":["NYU Stern School of Business (deceased)","National Bureau of Economic Research (NBER)"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"NYU Stern School of Business (deceased)","institution_ids":["https://openalex.org/I57206974"]},{"raw_affiliation_string":"National Bureau of Economic Research (NBER)","institution_ids":["https://openalex.org/I1321305853"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5086841480","display_name":"Chris I. Telmer","orcid":"https://orcid.org/0009-0008-7577-7531","observed_orcids":["https://orcid.org/0009-0008-7577-7531"]},"institutions":[{"id":"https://openalex.org/I181046868","display_name":"BI Norwegian Business School","ror":"https://ror.org/03ez40v33","country_code":"NO","type":"education","lineage":["https://openalex.org/I181046868"]}],"countries":["NO"],"is_corresponding":false,"raw_author_name":"Chris Telmer","raw_affiliation_strings":["BI - Norwegian Business School"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"BI - Norwegian Business School","institution_ids":["https://openalex.org/I181046868"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5040053214","display_name":"David Backus","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I74973139","display_name":"Carnegie Mellon University","ror":"https://ror.org/05x2bcf33","country_code":"US","type":"education","lineage":["https://openalex.org/I74973139"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"David K. Backus","raw_affiliation_strings":["Carnegie Mellon University - David A. Tepper School of Business"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Carnegie Mellon University - David A. Tepper School of Business","institution_ids":["https://openalex.org/I74973139"]}]}],"institutions":[],"countries_distinct_count":2,"institutions_distinct_count":4,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":null,"has_fulltext":false,"cited_by_count":18,"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/T10007","display_name":"Monetary Policy and Economic Impact","score":0.9976000189781189,"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":0.9976000189781189,"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/T10503","display_name":"Global Financial Crisis and Policies","score":0.0010000000474974513,"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/T12137","display_name":"Economic theories and models","score":0.00039999998989515007,"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/uncovered-interest-parity","display_name":"uncovered interest parity","score":0.8389999866485596},{"id":"https://openalex.org/keywords/taylor-rule","display_name":"Taylor rule","score":0.7350000143051147},{"id":"https://openalex.org/keywords/monetary-policy","display_name":"monetary policy","score":0.8970000147819519},{"id":"https://openalex.org/keywords/exchange-rates","display_name":"exchange rates","score":0.5709999799728394}],"concepts":[{"id":"https://openalex.org/C82843974","wikidata":"https://www.wikidata.org/wiki/Q205231","display_name":"Interest rate parity","level":3,"score":0.6732527017593384},{"id":"https://openalex.org/C175025494","wikidata":"https://www.wikidata.org/wiki/Q179179","display_name":"Interest rate","level":2,"score":0.6300880908966064},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.5581440329551697},{"id":"https://openalex.org/C126285488","wikidata":"https://www.wikidata.org/wiki/Q178476","display_name":"Monetary policy","level":2,"score":0.5575187802314758},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.46401605010032654},{"id":"https://openalex.org/C2777151079","wikidata":"https://www.wikidata.org/wiki/Q141160","display_name":"Parity (physics)","level":2,"score":0.42896607518196106},{"id":"https://openalex.org/C121332964","wikidata":"https://www.wikidata.org/wiki/Q413","display_name":"Physics","level":0,"score":0.08343440294265747},{"id":"https://openalex.org/C109214941","wikidata":"https://www.wikidata.org/wiki/Q18334","display_name":"Particle physics","level":1,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"pmh:oai:RePEc:red:sed008:834","doi":null,"is_oa":false,"landing_page_url":"https://red-files-public.s3.amazonaws.com/meetpapers/2008/paper_834.pdf","pdf_url":"https://red-files-public.s3.amazonaws.com/meetpapers/2008/paper_834.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"}],"best_oa_location":null,"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":12,"referenced_works":["https://openalex.org/W1967400180","https://openalex.org/W2017768920","https://openalex.org/W2025483505","https://openalex.org/W2040960442","https://openalex.org/W2085647375","https://openalex.org/W2146387535","https://openalex.org/W2555161826","https://openalex.org/W2570834760","https://openalex.org/W3121811793","https://openalex.org/W3123646285","https://openalex.org/W3123998694","https://openalex.org/W3124704119"],"related_works":["https://openalex.org/W7099911911","https://openalex.org/W7098706731","https://openalex.org/W3022925273","https://openalex.org/W7023589392","https://openalex.org/W7095630219","https://openalex.org/W6927624093","https://openalex.org/W2138778448","https://openalex.org/W2961550688","https://openalex.org/W2060565147","https://openalex.org/W7220896410"],"abstract_inverted_index":{"that":[0],"central":[1],"banks":[2],"incur":[3],"for":[4],"implementing":[5],"Taylor":[6],"rule":[7],"type":[8],"policies.":[9]},"counts_by_year":[{"year":2023,"cited_by_count":4},{"year":2021,"cited_by_count":1},{"year":2020,"cited_by_count":4},{"year":2018,"cited_by_count":1},{"year":2015,"cited_by_count":2},{"year":2014,"cited_by_count":1},{"year":2012,"cited_by_count":1}],"updated_date":"2026-11-03T10:50:19.383937","created_date":"2021-02-01T00:00:00"}