{"id":"https://openalex.org/W4292408710","doi":"https://doi.org/10.1016/j.red.2022.08.002","title":"Should monetary policy target financial stability?","display_name":"Should monetary policy target financial stability?","publication_year":2022,"publication_date":"2022-08-11","ids":{"openalex":"https://openalex.org/W4292408710","doi":"https://doi.org/10.1016/j.red.2022.08.002"},"language":"en","primary_location":{"id":"doi:10.1016/j.red.2022.08.002","doi":"https://doi.org/10.1016/j.red.2022.08.002","is_oa":false,"landing_page_url":"https://doi.org/10.1016/j.red.2022.08.002","pdf_url":null,"source":{"id":"https://openalex.org/S163499366","display_name":"Review of Economic Dynamics","issn_l":"1094-2025","issn":["1094-2025","1096-6099"],"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":"Review of Economic Dynamics","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/A5017539997","display_name":"William Chen","orcid":"https://orcid.org/0000-0003-4764-5466","observed_orcids":["https://orcid.org/0000-0003-4764-5466"]},"institutions":[{"id":"https://openalex.org/I63966007","display_name":"Massachusetts Institute of Technology","ror":"https://ror.org/042nb2s44","country_code":"US","type":"education","lineage":["https://openalex.org/I63966007"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"William Chen","raw_affiliation_strings":["Department of Economics, Massachusetts Institute of Technology, United States of America"],"raw_orcid":"https://orcid.org/0000-0003-4764-5466","affiliations":[{"raw_affiliation_string":"Department of Economics, Massachusetts Institute of Technology, United States of America","institution_ids":["https://openalex.org/I63966007"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5039612081","display_name":"Gregory Phelan","orcid":"https://orcid.org/0000-0003-1961-0143","observed_orcids":["https://orcid.org/0000-0003-1961-0143"]},"institutions":[{"id":"https://openalex.org/I22675022","display_name":"Williams College","ror":"https://ror.org/04avkmd49","country_code":"US","type":"education","lineage":["https://openalex.org/I22675022"]}],"countries":["US"],"is_corresponding":true,"raw_author_name":"Gregory Phelan","raw_affiliation_strings":["Department of Economics, Williams College, United States of America"],"raw_orcid":"https://orcid.org/0000-0003-1961-0143","affiliations":[{"raw_affiliation_string":"Department of Economics, Williams College, United States of America","institution_ids":["https://openalex.org/I22675022"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":2,"corresponding_author_ids":["https://openalex.org/A5039612081"],"corresponding_institution_ids":["https://openalex.org/I22675022"],"apc_list":{"value":2470,"currency":"USD","value_usd":2470},"apc_paid":null,"fwci":4.1482,"has_fulltext":false,"cited_by_count":15,"citation_normalized_percentile":{"value":0.94208256,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":88,"max":99},"biblio":{"volume":"49","issue":null,"first_page":"181","last_page":"200"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.4138000011444092,"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":0.4138000011444092,"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":0.38769999146461487,"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/T10127","display_name":"Banking stability, regulation, efficiency","score":0.16750000417232513,"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","display_name":"monetary policy","score":0.843999981880188},{"id":"https://openalex.org/keywords/financial-stability","display_name":"financial stability","score":0.9959999918937683},{"id":"https://openalex.org/keywords/macroprudential-policy","display_name":"macroprudential policy","score":0.9919999837875366},{"id":"https://openalex.org/keywords/bank-equity","display_name":"bank equity","score":0.6790000200271606},{"id":"https://openalex.org/keywords/financial-crises","display_name":"financial crisis","score":0.5720000267028809},{"id":"https://openalex.org/keywords/risk-premium","display_name":"risk premium","score":0.9150000214576721},{"id":"https://openalex.org/keywords/financial-leverage","display_name":"leverage","score":0.7059999704360962},{"id":"https://openalex.org/keywords/household-welfare","display_name":"household welfare","score":0.6679999828338623},{"id":"https://openalex.org/keywords/monetary-policy-rules","display_name":"monetary policy rules","score":0.7360000014305115}],"concepts":[{"id":"https://openalex.org/C126285488","wikidata":"https://www.wikidata.org/wiki/Q178476","display_name":"Monetary policy","level":2,"score":0.7914201021194458},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.7766401767730713},{"id":"https://openalex.org/C2992337254","wikidata":"https://www.wikidata.org/wiki/Q31275820","display_name":"Financial stability","level":2,"score":0.6068207025527954},{"id":"https://openalex.org/C100243477","wikidata":"https://www.wikidata.org/wiki/Q12002092","display_name":"Welfare","level":2,"score":0.5758945941925049},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.5682517886161804},{"id":"https://openalex.org/C199728807","wikidata":"https://www.wikidata.org/wiki/Q2578557","display_name":"Equity (law)","level":2,"score":0.5492409467697144},{"id":"https://openalex.org/C153083717","wikidata":"https://www.wikidata.org/wiki/Q6535263","display_name":"Leverage (statistics)","level":2,"score":0.5431174635887146},{"id":"https://openalex.org/C185824701","wikidata":"https://www.wikidata.org/wiki/Q1193759","display_name":"Inflation targeting","level":3,"score":0.4729944169521332},{"id":"https://openalex.org/C489367","wikidata":"https://www.wikidata.org/wiki/Q1962064","display_name":"Dynamic stochastic general equilibrium","level":3,"score":0.45237764716148376},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.3379333019256592},{"id":"https://openalex.org/C73283319","wikidata":"https://www.wikidata.org/wiki/Q1416617","display_name":"Financial system","level":1,"score":0.2418748140335083},{"id":"https://openalex.org/C34447519","wikidata":"https://www.wikidata.org/wiki/Q179522","display_name":"Market economy","level":1,"score":0.0},{"id":"https://openalex.org/C119857082","wikidata":"https://www.wikidata.org/wiki/Q2539","display_name":"Machine learning","level":1,"score":0.0},{"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/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"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.red.2022.08.002","doi":"https://doi.org/10.1016/j.red.2022.08.002","is_oa":false,"landing_page_url":"https://doi.org/10.1016/j.red.2022.08.002","pdf_url":null,"source":{"id":"https://openalex.org/S163499366","display_name":"Review of Economic Dynamics","issn_l":"1094-2025","issn":["1094-2025","1096-6099"],"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":"Review of Economic Dynamics","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[],"sustainable_development_goals_aurora":[{"id":"https://metadata.un.org/sdg/8","display_name":"Decent work and economic growth","score":0.47999998927116394}],"study_designs":[],"awards":[],"funders":[{"id":"https://openalex.org/F4320310536","display_name":"University of Virginia","ror":"https://ror.org/0153tk833"}],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":57,"referenced_works":["https://openalex.org/W829049488","https://openalex.org/W1524067804","https://openalex.org/W1559183328","https://openalex.org/W1560350676","https://openalex.org/W1560740464","https://openalex.org/W1822038751","https://openalex.org/W1933529014","https://openalex.org/W1978975086","https://openalex.org/W1989066200","https://openalex.org/W2045414807","https://openalex.org/W2055344690","https://openalex.org/W2075588625","https://openalex.org/W2108491286","https://openalex.org/W2115657206","https://openalex.org/W2122270438","https://openalex.org/W2123931028","https://openalex.org/W2124974534","https://openalex.org/W2165100677","https://openalex.org/W2170943527","https://openalex.org/W2171022524","https://openalex.org/W2257048727","https://openalex.org/W2340833909","https://openalex.org/W2502426785","https://openalex.org/W2569158822","https://openalex.org/W2737654524","https://openalex.org/W2741803128","https://openalex.org/W2769608422","https://openalex.org/W2801892850","https://openalex.org/W2891649014","https://openalex.org/W2898131356","https://openalex.org/W2906721377","https://openalex.org/W2966052526","https://openalex.org/W2986051597","https://openalex.org/W3044318314","https://openalex.org/W3121380054","https://openalex.org/W3122038471","https://openalex.org/W3122105060","https://openalex.org/W3122124451","https://openalex.org/W3122572042","https://openalex.org/W3123238337","https://openalex.org/W3123242033","https://openalex.org/W3123855425","https://openalex.org/W3124112311","https://openalex.org/W3124171312","https://openalex.org/W3124258798","https://openalex.org/W3124273397","https://openalex.org/W3124496703","https://openalex.org/W3125114782","https://openalex.org/W3125472679","https://openalex.org/W3125813470","https://openalex.org/W3125820270","https://openalex.org/W3135805255","https://openalex.org/W3142534395","https://openalex.org/W4205569794","https://openalex.org/W4236584637","https://openalex.org/W4308380944","https://openalex.org/W6682184547"],"related_works":["https://openalex.org/W3092902153","https://openalex.org/W1536396855","https://openalex.org/W2117730367","https://openalex.org/W2955746524","https://openalex.org/W4230258992","https://openalex.org/W3176958718","https://openalex.org/W4299817581","https://openalex.org/W588147761","https://openalex.org/W2509765473","https://openalex.org/W2512405999"],"abstract_inverted_index":null,"counts_by_year":[{"year":2026,"cited_by_count":1},{"year":2025,"cited_by_count":6},{"year":2024,"cited_by_count":3},{"year":2023,"cited_by_count":3},{"year":2021,"cited_by_count":1},{"year":2020,"cited_by_count":1}],"updated_date":"2026-10-16T09:59:22.235173","created_date":"2022-08-20T00:00:00"}
