{"id":"https://openalex.org/W4243553741","doi":"https://doi.org/10.5089/9781451967074.001","title":"The Instruments and Operating Procedures for Conducting Monetary Policy in the Group of Five Countries","display_name":"The Instruments and Operating Procedures for Conducting Monetary Policy in the Group of Five Countries","publication_year":1989,"publication_date":"1989-01-01","ids":{"openalex":"https://openalex.org/W4243553741","doi":"https://doi.org/10.5089/9781451967074.001"},"language":"en","primary_location":{"id":"doi:10.5089/9781451967074.001","doi":"https://doi.org/10.5089/9781451967074.001","is_oa":true,"landing_page_url":"https://doi.org/10.5089/9781451967074.001","pdf_url":"https://www.elibrary.imf.org/doc/IMF001/15702-9781451967074/15702-9781451967074/Other_formats/Source_PDF/15702-9781455248360.pdf","source":{"id":"https://openalex.org/S4210171147","display_name":"IMF Working Paper","issn_l":"1018-5941","issn":["1018-5941","2227-8885"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["cwts-core"],"host_organization":"https://openalex.org/P4310316166","host_organization_name":"International Monetary Fund","host_organization_lineage":["https://openalex.org/P4310316166","https://openalex.org/P4310321776"],"host_organization_lineage_names":["International Monetary Fund","United Nations"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"IMF Working Papers","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"bronze","oa_url":"https://www.elibrary.imf.org/doc/IMF001/15702-9781451967074/15702-9781451967074/Other_formats/Source_PDF/15702-9781455248360.pdf","any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5002382626","display_name":"International Monetary Fund","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":true,"raw_author_name":"International Monetary Fund","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":["https://openalex.org/A5002382626"],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":4.8135,"has_fulltext":true,"cited_by_count":17,"citation_normalized_percentile":{"value":0.95139957,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":89,"max":93},"biblio":{"volume":"1989","issue":"057","first_page":"1","last_page":"1"},"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/T10503","display_name":"Global Financial Crisis and Policies","score":0.0006000000284984708,"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/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/monetary-policy-instruments","display_name":"monetary policy instruments","score":0.9800000190734863},{"id":"https://openalex.org/keywords/short-term-interest-rates","display_name":"short-term interest rates","score":0.8960000276565552},{"id":"https://openalex.org/keywords/exchange-rate-dynamics","display_name":"exchange rate dynamics","score":0.5389999747276306},{"id":"https://openalex.org/keywords/france","display_name":"France","score":0.44600000977516174},{"id":"https://openalex.org/keywords/germany","display_name":"Germany","score":1.0},{"id":"https://openalex.org/keywords/japan","display_name":"Japan","score":1.0},{"id":"https://openalex.org/keywords/united-kingdom","display_name":"United Kingdom","score":1.0},{"id":"https://openalex.org/keywords/united-states","display_name":"United States","score":0.9629999995231628}],"concepts":[{"id":"https://openalex.org/C126285488","wikidata":"https://www.wikidata.org/wiki/Q178476","display_name":"Monetary policy","level":2,"score":0.7834590673446655},{"id":"https://openalex.org/C175025494","wikidata":"https://www.wikidata.org/wiki/Q179179","display_name":"Interest rate","level":2,"score":0.5696901679039001},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.5370432734489441},{"id":"https://openalex.org/C2776988154","wikidata":"https://www.wikidata.org/wiki/Q66100","display_name":"Exchange rate","level":2,"score":0.5121867060661316},{"id":"https://openalex.org/C509613553","wikidata":"https://www.wikidata.org/wiki/Q16191828","display_name":"Monetary hegemony","level":3,"score":0.4797579050064087},{"id":"https://openalex.org/C88583849","wikidata":"https://www.wikidata.org/wiki/Q5183768","display_name":"Credit channel","level":4,"score":0.42858463525772095},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.397217333316803},{"id":"https://openalex.org/C18547055","wikidata":"https://www.wikidata.org/wiki/Q47417","display_name":"International economics","level":1,"score":0.3835048973560333},{"id":"https://openalex.org/C185824701","wikidata":"https://www.wikidata.org/wiki/Q1193759","display_name":"Inflation targeting","level":3,"score":0.377717524766922},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.32908129692077637}],"mesh":[],"locations_count":3,"locations":[{"id":"doi:10.5089/9781451967074.001","doi":"https://doi.org/10.5089/9781451967074.001","is_oa":true,"landing_page_url":"https://doi.org/10.5089/9781451967074.001","pdf_url":"https://www.elibrary.imf.org/doc/IMF001/15702-9781451967074/15702-9781451967074/Other_formats/Source_PDF/15702-9781455248360.pdf","source":{"id":"https://openalex.org/S4210171147","display_name":"IMF Working Paper","issn_l":"1018-5941","issn":["1018-5941","2227-8885"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["cwts-core"],"host_organization":"https://openalex.org/P4310316166","host_organization_name":"International Monetary Fund","host_organization_lineage":["https://openalex.org/P4310316166","https://openalex.org/P4310321776"],"host_organization_lineage_names":["International Monetary Fund","United Nations"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"IMF Working Papers","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:imf:imfwpa:1989/057","doi":null,"is_oa":false,"landing_page_url":"http://www.imf.org/external/pubs/cat/longres.aspx?sk=30026","pdf_url":null,"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"},{"id":"pmh:oai:aleph.bib-bvb.de:BVB01-033722964","doi":null,"is_oa":false,"landing_page_url":"http://elibrary.imf.org/view/IMF001/15702-9781451967074/15702-9781451967074/15702-9781451967074.xml","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"text"}],"best_oa_location":{"id":"doi:10.5089/9781451967074.001","doi":"https://doi.org/10.5089/9781451967074.001","is_oa":true,"landing_page_url":"https://doi.org/10.5089/9781451967074.001","pdf_url":"https://www.elibrary.imf.org/doc/IMF001/15702-9781451967074/15702-9781451967074/Other_formats/Source_PDF/15702-9781455248360.pdf","source":{"id":"https://openalex.org/S4210171147","display_name":"IMF Working Paper","issn_l":"1018-5941","issn":["1018-5941","2227-8885"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["cwts-core"],"host_organization":"https://openalex.org/P4310316166","host_organization_name":"International Monetary Fund","host_organization_lineage":["https://openalex.org/P4310316166","https://openalex.org/P4310321776"],"host_organization_lineage_names":["International Monetary Fund","United Nations"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"IMF Working Papers","raw_type":"journal-article"},"sustainable_development_goals":[],"sustainable_development_goals_aurora":[{"score":0.550000011920929,"id":"https://metadata.un.org/sdg/17","display_name":"Partnerships for the goals"}],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":true,"grobid_xml":true},"content_urls":{"pdf":"https://content.openalex.org/works/W4243553741.pdf","grobid_xml":"https://content.openalex.org/works/W4243553741.grobid-xml"},"referenced_works_count":13,"referenced_works":["https://openalex.org/W1513760319","https://openalex.org/W1530384091","https://openalex.org/W1536919173","https://openalex.org/W1559757816","https://openalex.org/W1567234431","https://openalex.org/W1577234309","https://openalex.org/W1580198347","https://openalex.org/W1968495403","https://openalex.org/W2041798681","https://openalex.org/W2138989197","https://openalex.org/W2169645214","https://openalex.org/W2477311210","https://openalex.org/W6618535276"],"related_works":["https://openalex.org/W4240511551","https://openalex.org/W1594639307","https://openalex.org/W2037844282","https://openalex.org/W7029677999","https://openalex.org/W7111367398","https://openalex.org/W1569537971","https://openalex.org/W2793753326","https://openalex.org/W1591863559","https://openalex.org/W4393325758","https://openalex.org/W2758045166"],"abstract_inverted_index":{"This":[0],"paper":[1],"examines":[2],"and":[3,7,22,82],"compares":[4],"the":[5,12,19,23,31,38,58,65,79],"instruments":[6],"procedures":[8],"currently":[9],"employed":[10],"by":[11],"central":[13],"banks":[14],"of":[15,41,67],"France,":[16],"Germany,":[17],"Japan,":[18],"United":[20,24],"Kingdom,":[21],"States":[25],"for":[26],"implementing":[27,53],"monetary":[28,39,54,76],"policy":[29],"in":[30,52,75,78],"short":[32],"run.":[33],"The":[34],"analysis":[35,71],"indicates":[36],"that":[37,60],"authorities":[40],"these":[42],"five":[43],"countries":[44,81],"focus":[45],"on":[46],"influencing":[47],"certain":[48],"short-term":[49],"interest":[50,61],"rates":[51],"policy.":[55],"Thus,":[56],"to":[57],"extent":[59],"rate":[62,85],"developments":[63],"affect":[64],"behavior":[66],"exchange":[68,84],"rates,":[69],"this":[70],"facilitates":[72],"ascertaining":[73],"changes":[74],"policies":[77],"G-5":[80],"their":[83],"implications":[86]},"counts_by_year":[{"year":2020,"cited_by_count":1}],"updated_date":"2026-10-16T09:59:22.235173","created_date":"2022-05-12T00:00:00"}