{"id":"https://openalex.org/W4213123712","doi":"https://doi.org/10.1016/j.jmoneco.2022.02.006","title":"Would households understand average inflation targeting?","display_name":"Would households understand average inflation targeting?","publication_year":2022,"publication_date":"2022-02-17","ids":{"openalex":"https://openalex.org/W4213123712","doi":"https://doi.org/10.1016/j.jmoneco.2022.02.006"},"language":"en","primary_location":{"id":"doi:10.1016/j.jmoneco.2022.02.006","doi":"https://doi.org/10.1016/j.jmoneco.2022.02.006","is_oa":false,"landing_page_url":"https://doi.org/10.1016/j.jmoneco.2022.02.006","pdf_url":null,"source":{"id":"https://openalex.org/S6711363","display_name":"Journal of Monetary Economics","issn_l":"0304-3932","issn":["0304-3932","1873-1295"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a-star","anvur-class-a","anvur-scientific","cwts-core","erih-plus","jufo-3","norway-2","poland-200","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 Monetary Economics","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/A5049729226","display_name":"Mathias Hoffmann","orcid":"https://orcid.org/0000-0002-2776-1403","observed_orcids":["https://orcid.org/0000-0002-2776-1403"]},"institutions":[{"id":"https://openalex.org/I74623043","display_name":"Deutsche Bundesbank","ror":"https://ror.org/03jvfq589","country_code":"DE","type":"other","lineage":["https://openalex.org/I74623043"]}],"countries":["DE"],"is_corresponding":true,"raw_author_name":"Mathias Hoffmann","raw_affiliation_strings":["Deutsche Bundesbank, Wilhelm-Epstein-Str. 14, Frankfurt am Main D-60431, Germany"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Deutsche Bundesbank, Wilhelm-Epstein-Str. 14, Frankfurt am Main D-60431, Germany","institution_ids":["https://openalex.org/I74623043"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5071459141","display_name":"Emanuel Moench","orcid":"https://orcid.org/0000-0001-6423-279X","observed_orcids":["https://orcid.org/0000-0001-6423-279X"]},"institutions":[{"id":"https://openalex.org/I1279858714","display_name":"Center for Economic and Policy Research","ror":"https://ror.org/01vqjmx11","country_code":"US","type":"nonprofit","lineage":["https://openalex.org/I1279858714"]},{"id":"https://openalex.org/I71675930","display_name":"Frankfurt School of Finance & Management","ror":"https://ror.org/05gxyna29","country_code":"DE","type":"education","lineage":["https://openalex.org/I71675930"]}],"countries":["DE","US"],"is_corresponding":false,"raw_author_name":"Emanuel Moench","raw_affiliation_strings":["CEPR, United States","Frankfurt School of Finance & Management, Adickesallee 32\u201334, Frankfurt am Main D-60322, Germany"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"CEPR, United States","institution_ids":["https://openalex.org/I1279858714"]},{"raw_affiliation_string":"Frankfurt School of Finance & Management, Adickesallee 32\u201334, Frankfurt am Main D-60322, Germany","institution_ids":["https://openalex.org/I71675930"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5022653830","display_name":"Lora Pavlova","orcid":"https://orcid.org/0000-0002-2447-0280","observed_orcids":["https://orcid.org/0000-0002-2447-0280"]},"institutions":[{"id":"https://openalex.org/I102335020","display_name":"Karlsruhe Institute of Technology","ror":"https://ror.org/04t3en479","country_code":"DE","type":"education","lineage":["https://openalex.org/I102335020","https://openalex.org/I1305996414"]},{"id":"https://openalex.org/I74623043","display_name":"Deutsche Bundesbank","ror":"https://ror.org/03jvfq589","country_code":"DE","type":"other","lineage":["https://openalex.org/I74623043"]}],"countries":["DE"],"is_corresponding":false,"raw_author_name":"Lora Pavlova","raw_affiliation_strings":["Deutsche Bundesbank, Wilhelm-Epstein-Str. 14, Frankfurt am Main D-60431, Germany","Karlsruhe Institute of Technology, Applied Econometrics, Campus B, Bl\u00fccherstr. 17, Karlsruhe D-76185, Germany"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Deutsche Bundesbank, Wilhelm-Epstein-Str. 14, Frankfurt am Main D-60431, Germany","institution_ids":["https://openalex.org/I74623043"]},{"raw_affiliation_string":"Karlsruhe Institute of Technology, Applied Econometrics, Campus B, Bl\u00fccherstr. 17, Karlsruhe D-76185, Germany","institution_ids":["https://openalex.org/I102335020"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5045304768","display_name":"Guido Schultefrankenfeld","orcid":"https://orcid.org/0000-0002-6930-1480","observed_orcids":["https://orcid.org/0000-0002-6930-1480"]},"institutions":[{"id":"https://openalex.org/I74623043","display_name":"Deutsche Bundesbank","ror":"https://ror.org/03jvfq589","country_code":"DE","type":"other","lineage":["https://openalex.org/I74623043"]}],"countries":["DE"],"is_corresponding":false,"raw_author_name":"Guido Schultefrankenfeld","raw_affiliation_strings":["Deutsche Bundesbank, Wilhelm-Epstein-Str. 14, Frankfurt am Main D-60431, Germany"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Deutsche Bundesbank, Wilhelm-Epstein-Str. 14, Frankfurt am Main D-60431, Germany","institution_ids":["https://openalex.org/I74623043"]}]}],"institutions":[],"countries_distinct_count":2,"institutions_distinct_count":4,"corresponding_author_ids":["https://openalex.org/A5049729226"],"corresponding_institution_ids":["https://openalex.org/I74623043"],"apc_list":{"value":3190,"currency":"USD","value_usd":3190},"apc_paid":null,"fwci":7.2495,"has_fulltext":false,"cited_by_count":24,"citation_normalized_percentile":{"value":0.97162784,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":96,"max":99},"biblio":{"volume":"129","issue":null,"first_page":"S52","last_page":"S66"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.9990000128746033,"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":0.9990000128746033,"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/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"}},{"id":"https://openalex.org/T14166","display_name":"European Monetary and Fiscal Policies","score":0.0,"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/average-inflation-targeting","display_name":"average inflation targeting","score":0.9900000095367432},{"id":"https://openalex.org/keywords/inflation-expectations","display_name":"inflation expectations","score":0.7590000033378601},{"id":"https://openalex.org/keywords/public-understanding-of-monetary-policy","display_name":"public understanding of monetary policy","score":0.8050000071525574},{"id":"https://openalex.org/keywords/trust-in-central-banks","display_name":"trust in central banks","score":0.7300000190734863},{"id":"https://openalex.org/keywords/european-central-bank","display_name":"European Central Bank","score":0.7979999780654907},{"id":"https://openalex.org/keywords/monetary-policy-communication","display_name":"monetary policy communication","score":0.6650000214576721},{"id":"https://openalex.org/keywords/interest-rate-lower-bound","display_name":"interest rate lower bound","score":0.7059999704360962},{"id":"https://openalex.org/keywords/inflation-volatility","display_name":"inflation volatility","score":0.9290000200271606}],"concepts":[{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.8223828077316284},{"id":"https://openalex.org/C200941418","wikidata":"https://www.wikidata.org/wiki/Q273508","display_name":"Inflation (cosmology)","level":2,"score":0.812765896320343},{"id":"https://openalex.org/C126285488","wikidata":"https://www.wikidata.org/wiki/Q178476","display_name":"Monetary policy","level":2,"score":0.7295506596565247},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.6233255863189697},{"id":"https://openalex.org/C185824701","wikidata":"https://www.wikidata.org/wiki/Q1193759","display_name":"Inflation targeting","level":3,"score":0.6012250185012817},{"id":"https://openalex.org/C2775924081","wikidata":"https://www.wikidata.org/wiki/Q55608371","display_name":"Control (management)","level":2,"score":0.4910144805908203},{"id":"https://openalex.org/C33332235","wikidata":"https://www.wikidata.org/wiki/Q18362","display_name":"Theoretical physics","level":1,"score":0.0},{"id":"https://openalex.org/C187736073","wikidata":"https://www.wikidata.org/wiki/Q2920921","display_name":"Management","level":1,"score":0.0},{"id":"https://openalex.org/C121332964","wikidata":"https://www.wikidata.org/wiki/Q413","display_name":"Physics","level":0,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1016/j.jmoneco.2022.02.006","doi":"https://doi.org/10.1016/j.jmoneco.2022.02.006","is_oa":false,"landing_page_url":"https://doi.org/10.1016/j.jmoneco.2022.02.006","pdf_url":null,"source":{"id":"https://openalex.org/S6711363","display_name":"Journal of Monetary Economics","issn_l":"0304-3932","issn":["0304-3932","1873-1295"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a-star","anvur-class-a","anvur-scientific","cwts-core","erih-plus","jufo-3","norway-2","poland-200","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 Monetary Economics","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[],"sustainable_development_goals_aurora":[{"score":0.47999998927116394,"display_name":"Decent work and economic growth","id":"https://metadata.un.org/sdg/8"}],"study_designs":[{"display_name":"Randomized Controlled Trial","id":"https://openalex.org/study-designs/randomized-controlled-trial"},{"display_name":"Clinical Trial","id":"https://openalex.org/study-designs/clinical-trial"}],"awards":[{"id":"https://openalex.org/G8343505090","display_name":null,"funder_award_id":"KR 5214/1-1","funder_id":"https://openalex.org/F4320320879","funder_display_name":"Deutsche Forschungsgemeinschaft"}],"funders":[{"id":"https://openalex.org/F4320320879","display_name":"Deutsche Forschungsgemeinschaft","ror":"https://ror.org/018mejw64"}],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":38,"referenced_works":["https://openalex.org/W1555623819","https://openalex.org/W2022342197","https://openalex.org/W2090999325","https://openalex.org/W2093418366","https://openalex.org/W2120422722","https://openalex.org/W2147020191","https://openalex.org/W2149530077","https://openalex.org/W2784428980","https://openalex.org/W2883092344","https://openalex.org/W2890577759","https://openalex.org/W2923797142","https://openalex.org/W2942858178","https://openalex.org/W2971006409","https://openalex.org/W3038163540","https://openalex.org/W3121132650","https://openalex.org/W3123454197","https://openalex.org/W3123816329","https://openalex.org/W3123902914","https://openalex.org/W3123935426","https://openalex.org/W3124817151","https://openalex.org/W3125331647","https://openalex.org/W3125497144","https://openalex.org/W3128578220","https://openalex.org/W3141769171","https://openalex.org/W3148459430","https://openalex.org/W3160586705","https://openalex.org/W4214662158","https://openalex.org/W4230065791","https://openalex.org/W4288879912","https://openalex.org/W4288917016","https://openalex.org/W6633408194","https://openalex.org/W6730587188","https://openalex.org/W6747938769","https://openalex.org/W6756050442","https://openalex.org/W6759164685","https://openalex.org/W6766254804","https://openalex.org/W6779684338","https://openalex.org/W6783503262"],"related_works":["https://openalex.org/W4328018619","https://openalex.org/W3087603509","https://openalex.org/W3210831119","https://openalex.org/W4388677584","https://openalex.org/W4386754807","https://openalex.org/W4280652794","https://openalex.org/W4285209633","https://openalex.org/W7125406728","https://openalex.org/W4409225075","https://openalex.org/W3194744166"],"abstract_inverted_index":null,"counts_by_year":[{"year":2026,"cited_by_count":3},{"year":2025,"cited_by_count":9},{"year":2024,"cited_by_count":4},{"year":2023,"cited_by_count":4},{"year":2022,"cited_by_count":4}],"updated_date":"2026-10-29T09:56:32.521200","created_date":"2022-02-24T00:00:00"}