{"id":"https://openalex.org/W3126089213","doi":"https://doi.org/10.1016/j.jimonfin.2012.10.003","title":"The role of relative price volatility in the efficiency of investment allocation","display_name":"The role of relative price volatility in the efficiency of investment allocation","publication_year":2012,"publication_date":"2012-10-26","ids":{"openalex":"https://openalex.org/W3126089213","doi":"https://doi.org/10.1016/j.jimonfin.2012.10.003","mag":"3126089213"},"language":"en","primary_location":{"id":"doi:10.1016/j.jimonfin.2012.10.003","doi":"https://doi.org/10.1016/j.jimonfin.2012.10.003","is_oa":false,"landing_page_url":"https://doi.org/10.1016/j.jimonfin.2012.10.003","pdf_url":null,"source":{"id":"https://openalex.org/S10747938","display_name":"Journal of International Money and Finance","issn_l":"0261-5606","issn":["0261-5606","1873-0639"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","erih-plus","fnege-2","jufo-2","norway-1","poland-100","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 International Money and Finance","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":"https://openalex.org/A5063600631","display_name":"Eduardo A. Cavallo","orcid":"https://orcid.org/0000-0002-5966-2514","observed_orcids":["https://orcid.org/0000-0002-5966-2514"]},"institutions":[{"id":"https://openalex.org/I184564680","display_name":"Inter-American Development Bank","ror":"https://ror.org/02gjn4306","country_code":"US","type":"other","lineage":["https://openalex.org/I184564680"]}],"countries":["US"],"is_corresponding":true,"raw_author_name":"Eduardo Cavallo","raw_affiliation_strings":["Inter-American Development Bank, 1300 New York Ave NW, Washington, DC 20577, USA"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Inter-American Development Bank, 1300 New York Ave NW, Washington, DC 20577, USA","institution_ids":["https://openalex.org/I184564680"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5040927568","display_name":"Arturo Galindo","orcid":"https://orcid.org/0000-0003-1669-0993","observed_orcids":["https://orcid.org/0000-0003-1669-0993"]},"institutions":[{"id":"https://openalex.org/I184564680","display_name":"Inter-American Development Bank","ror":"https://ror.org/02gjn4306","country_code":"US","type":"other","lineage":["https://openalex.org/I184564680"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Arturo Galindo","raw_affiliation_strings":["Inter-American Development Bank, 1300 New York Ave NW, Washington, DC 20577, USA"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Inter-American Development Bank, 1300 New York Ave NW, Washington, DC 20577, USA","institution_ids":["https://openalex.org/I184564680"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5043484111","display_name":"Alejandro Izquierdo","orcid":"https://orcid.org/0000-0002-2794-0452","observed_orcids":["https://orcid.org/0000-0002-2794-0452"]},"institutions":[{"id":"https://openalex.org/I184564680","display_name":"Inter-American Development Bank","ror":"https://ror.org/02gjn4306","country_code":"US","type":"other","lineage":["https://openalex.org/I184564680"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Alejandro Izquierdo","raw_affiliation_strings":["Inter-American Development Bank, 1300 New York Ave NW, Washington, DC 20577, USA"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Inter-American Development Bank, 1300 New York Ave NW, Washington, DC 20577, USA","institution_ids":["https://openalex.org/I184564680"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5112882360","display_name":"John Jairo Le\u00f3n","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I66946132","display_name":"University of Maryland, College Park","ror":"https://ror.org/047s2c258","country_code":"US","type":"education","lineage":["https://openalex.org/I66946132"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"John Jairo Le\u00f3n","raw_affiliation_strings":["University of Maryland, Department of Economics, College Park, MD, USA"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"University of Maryland, Department of Economics, College Park, MD, USA","institution_ids":["https://openalex.org/I66946132"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":2,"corresponding_author_ids":["https://openalex.org/A5063600631"],"corresponding_institution_ids":["https://openalex.org/I184564680"],"apc_list":{"value":3130,"currency":"USD","value_usd":3130},"apc_paid":null,"fwci":1.52,"has_fulltext":false,"cited_by_count":19,"citation_normalized_percentile":{"value":0.90200843,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":89,"max":98},"biblio":{"volume":"33","issue":null,"first_page":"1","last_page":"18"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.8115000128746033,"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":0.8115000128746033,"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/T11742","display_name":"Economic Theory and Policy","score":0.0568000003695488,"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":0.05290000140666962,"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/investment-allocation","display_name":"investment allocation","score":0.8980000019073486},{"id":"https://openalex.org/keywords/manufacturing-industry","display_name":"manufacturing industry","score":0.7739999890327454},{"id":"https://openalex.org/keywords/emerging-markets","display_name":"emerging markets","score":0.625},{"id":"https://openalex.org/keywords/productive-sectors","display_name":"productive sectors","score":0.35899999737739563},{"id":"https://openalex.org/keywords/institutional-quality","display_name":"institutional quality","score":0.48899999260902405},{"id":"https://openalex.org/keywords/investment-efficiency","display_name":"investment efficiency","score":0.453000009059906}],"concepts":[{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.8205338716506958},{"id":"https://openalex.org/C91602232","wikidata":"https://www.wikidata.org/wiki/Q756115","display_name":"Volatility (finance)","level":2,"score":0.7993642091751099},{"id":"https://openalex.org/C185782297","wikidata":"https://www.wikidata.org/wiki/Q2142538","display_name":"Relative price","level":2,"score":0.6935556530952454},{"id":"https://openalex.org/C29122968","wikidata":"https://www.wikidata.org/wiki/Q1414816","display_name":"Incentive","level":2,"score":0.6098836064338684},{"id":"https://openalex.org/C27548731","wikidata":"https://www.wikidata.org/wiki/Q88272","display_name":"Investment (military)","level":3,"score":0.5551050305366516},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.4579746425151825},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.3494030833244324},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.3483307361602783},{"id":"https://openalex.org/C106159729","wikidata":"https://www.wikidata.org/wiki/Q2294553","display_name":"Financial economics","level":1,"score":0.25679031014442444},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.0},{"id":"https://openalex.org/C94625758","wikidata":"https://www.wikidata.org/wiki/Q7163","display_name":"Politics","level":2,"score":0.0},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1016/j.jimonfin.2012.10.003","doi":"https://doi.org/10.1016/j.jimonfin.2012.10.003","is_oa":false,"landing_page_url":"https://doi.org/10.1016/j.jimonfin.2012.10.003","pdf_url":null,"source":{"id":"https://openalex.org/S10747938","display_name":"Journal of International Money and Finance","issn_l":"0261-5606","issn":["0261-5606","1873-0639"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","erih-plus","fnege-2","jufo-2","norway-1","poland-100","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 International Money and Finance","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[{"id":"https://metadata.un.org/sdg/8","score":0.7257999777793884,"display_name":"Decent work and economic growth"},{"id":"https://metadata.un.org/sdg/9","score":0.6773999929428101,"display_name":"Industry, innovation and infrastructure"}],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":33,"referenced_works":["https://openalex.org/W2470302","https://openalex.org/W87296751","https://openalex.org/W616488792","https://openalex.org/W1024461400","https://openalex.org/W1480783805","https://openalex.org/W1520082828","https://openalex.org/W1606527552","https://openalex.org/W1967918987","https://openalex.org/W1976060669","https://openalex.org/W1978387843","https://openalex.org/W1995503011","https://openalex.org/W2014459263","https://openalex.org/W2061006742","https://openalex.org/W2062697836","https://openalex.org/W2067636471","https://openalex.org/W2076751891","https://openalex.org/W2116028615","https://openalex.org/W2120106358","https://openalex.org/W2121207700","https://openalex.org/W2122558675","https://openalex.org/W2144621161","https://openalex.org/W2152556759","https://openalex.org/W2158852116","https://openalex.org/W2891255456","https://openalex.org/W2907023308","https://openalex.org/W3122022008","https://openalex.org/W3122370218","https://openalex.org/W3122488285","https://openalex.org/W3124079121","https://openalex.org/W4285719527","https://openalex.org/W4365787967","https://openalex.org/W6717244087","https://openalex.org/W7009753114"],"related_works":["https://openalex.org/W2261225926","https://openalex.org/W2767853895","https://openalex.org/W2060988880","https://openalex.org/W1604833133","https://openalex.org/W2606697680","https://openalex.org/W2940222703","https://openalex.org/W1585102341","https://openalex.org/W2168931144","https://openalex.org/W7095959432","https://openalex.org/W3123522097"],"abstract_inverted_index":null,"counts_by_year":[{"year":2025,"cited_by_count":2},{"year":2024,"cited_by_count":1},{"year":2022,"cited_by_count":1},{"year":2021,"cited_by_count":2},{"year":2020,"cited_by_count":1},{"year":2019,"cited_by_count":2},{"year":2017,"cited_by_count":4},{"year":2016,"cited_by_count":2},{"year":2014,"cited_by_count":1},{"year":2013,"cited_by_count":1}],"updated_date":"2026-10-16T09:59:22.235173","created_date":"2021-02-01T00:00:00"}
