{"id":"https://openalex.org/W4372200677","doi":"https://doi.org/10.1016/j.jmoneco.2023.05.010","title":"Average inflation targeting: Time inconsistency and ambiguous communication","display_name":"Average inflation targeting: Time inconsistency and ambiguous communication","publication_year":2023,"publication_date":"2023-05-05","ids":{"openalex":"https://openalex.org/W4372200677","doi":"https://doi.org/10.1016/j.jmoneco.2023.05.010"},"language":"en","primary_location":{"id":"doi:10.1016/j.jmoneco.2023.05.010","doi":"https://doi.org/10.1016/j.jmoneco.2023.05.010","is_oa":true,"landing_page_url":"https://doi.org/10.1016/j.jmoneco.2023.05.010","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":"acceptedVersion","is_accepted":true,"is_published":false,"raw_source_name":"Journal of Monetary Economics","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"bronze","oa_url":"https://doi.org/10.1016/j.jmoneco.2023.05.010","any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5019586490","display_name":"Chengcheng Jia","orcid":"https://orcid.org/0000-0001-6810-9123","observed_orcids":["https://orcid.org/0000-0001-6810-9123"]},"institutions":[{"id":"https://openalex.org/I4210109900","display_name":"Federal Reserve Bank of Cleveland","ror":"https://ror.org/01wxdvj03","country_code":"US","type":"other","lineage":["https://openalex.org/I1317239608","https://openalex.org/I4210109900"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Chengcheng Jia","raw_affiliation_strings":["Federal Reserve Bank of Cleveland, United States"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Federal Reserve Bank of Cleveland, United States","institution_ids":["https://openalex.org/I4210109900"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5023757993","display_name":"Jing Cynthia Wu","orcid":"https://orcid.org/0000-0003-4239-1233","observed_orcids":["https://orcid.org/0000-0003-4239-1233"]},"institutions":[{"id":"https://openalex.org/I107639228","display_name":"University of Notre Dame","ror":"https://ror.org/00mkhxb43","country_code":"US","type":"education","lineage":["https://openalex.org/I107639228"]}],"countries":["US"],"is_corresponding":true,"raw_author_name":"Jing Cynthia Wu","raw_affiliation_strings":["University of Notre Dame and NBER, United States"],"raw_orcid":"https://orcid.org/0000-0003-4239-1233","affiliations":[{"raw_affiliation_string":"University of Notre Dame and NBER, United States","institution_ids":["https://openalex.org/I107639228"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":2,"corresponding_author_ids":["https://openalex.org/A5023757993"],"corresponding_institution_ids":["https://openalex.org/I107639228"],"apc_list":{"value":3720,"currency":"USD","value_usd":3720},"apc_paid":null,"fwci":5.1519,"has_fulltext":false,"cited_by_count":13,"citation_normalized_percentile":{"value":0.95210101,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":89,"max":99},"biblio":{"volume":"138","issue":null,"first_page":"69","last_page":"86"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.9970999956130981,"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":0.9970999956130981,"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":0.002300000051036477,"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/T11742","display_name":"Economic Theory and Policy","score":9.999999747378752e-05,"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"}}],"keywords":[{"id":"https://openalex.org/keywords/average-inflation-targeting","display_name":"average inflation targeting","score":1.0},{"id":"https://openalex.org/keywords/time-inconsistency","display_name":"time inconsistency","score":0.9190000295639038},{"id":"https://openalex.org/keywords/central-bank-credibility","display_name":"central bank credibility","score":0.9380000233650208},{"id":"https://openalex.org/keywords/inflation-output-trade-off","display_name":"inflation-output trade-off","score":0.9649999737739563},{"id":"https://openalex.org/keywords/central-bank-announcements","display_name":"central bank announcements","score":0.5830000042915344},{"id":"https://openalex.org/keywords/inflation-targeting","display_name":"inflation targeting","score":0.5189999938011169}],"concepts":[{"id":"https://openalex.org/C2780224610","wikidata":"https://www.wikidata.org/wiki/Q1530061","display_name":"Credibility","level":2,"score":0.813688337802887},{"id":"https://openalex.org/C185824701","wikidata":"https://www.wikidata.org/wiki/Q1193759","display_name":"Inflation targeting","level":3,"score":0.8100095987319946},{"id":"https://openalex.org/C200941418","wikidata":"https://www.wikidata.org/wiki/Q273508","display_name":"Inflation (cosmology)","level":2,"score":0.7431825399398804},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.7370979189872742},{"id":"https://openalex.org/C2992735868","wikidata":"https://www.wikidata.org/wiki/Q66344","display_name":"Central bank","level":3,"score":0.7340781688690186},{"id":"https://openalex.org/C29122968","wikidata":"https://www.wikidata.org/wiki/Q1414816","display_name":"Incentive","level":2,"score":0.6584457755088806},{"id":"https://openalex.org/C100243477","wikidata":"https://www.wikidata.org/wiki/Q12002092","display_name":"Welfare","level":2,"score":0.5914580225944519},{"id":"https://openalex.org/C121426985","wikidata":"https://www.wikidata.org/wiki/Q591763","display_name":"Private sector","level":2,"score":0.514258086681366},{"id":"https://openalex.org/C126285488","wikidata":"https://www.wikidata.org/wiki/Q178476","display_name":"Monetary policy","level":2,"score":0.5018589496612549},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.498537540435791},{"id":"https://openalex.org/C536738050","wikidata":"https://www.wikidata.org/wiki/Q3249071","display_name":"Social Welfare","level":2,"score":0.42569640278816223},{"id":"https://openalex.org/C122251271","wikidata":"https://www.wikidata.org/wiki/Q940039","display_name":"Ex-ante","level":2,"score":0.41006284952163696},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.33826732635498047},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.22852519154548645},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0},{"id":"https://openalex.org/C50522688","wikidata":"https://www.wikidata.org/wiki/Q189833","display_name":"Economic growth","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},{"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/C34447519","wikidata":"https://www.wikidata.org/wiki/Q179522","display_name":"Market economy","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}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1016/j.jmoneco.2023.05.010","doi":"https://doi.org/10.1016/j.jmoneco.2023.05.010","is_oa":true,"landing_page_url":"https://doi.org/10.1016/j.jmoneco.2023.05.010","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":"acceptedVersion","is_accepted":true,"is_published":false,"raw_source_name":"Journal of Monetary Economics","raw_type":"journal-article"}],"best_oa_location":{"id":"doi:10.1016/j.jmoneco.2023.05.010","doi":"https://doi.org/10.1016/j.jmoneco.2023.05.010","is_oa":true,"landing_page_url":"https://doi.org/10.1016/j.jmoneco.2023.05.010","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":"acceptedVersion","is_accepted":true,"is_published":false,"raw_source_name":"Journal of Monetary Economics","raw_type":"journal-article"},"sustainable_development_goals":[],"sustainable_development_goals_aurora":[{"score":0.6600000262260437,"display_name":"Decent work and economic growth","id":"https://metadata.un.org/sdg/8"}],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":24,"referenced_works":["https://openalex.org/W988647837","https://openalex.org/W1585441176","https://openalex.org/W2049700361","https://openalex.org/W2059215693","https://openalex.org/W2061892890","https://openalex.org/W2167468761","https://openalex.org/W2909609851","https://openalex.org/W2942858178","https://openalex.org/W2952219536","https://openalex.org/W3002831756","https://openalex.org/W3014133454","https://openalex.org/W3087603509","https://openalex.org/W3122949278","https://openalex.org/W3123530336","https://openalex.org/W3124144106","https://openalex.org/W3124817151","https://openalex.org/W3125135614","https://openalex.org/W3125812377","https://openalex.org/W3132972405","https://openalex.org/W3163915843","https://openalex.org/W3213437036","https://openalex.org/W4210940216","https://openalex.org/W4230316285","https://openalex.org/W6784200566"],"related_works":["https://openalex.org/W4306398469","https://openalex.org/W3123985170","https://openalex.org/W2117700238","https://openalex.org/W7097486692","https://openalex.org/W1975308499","https://openalex.org/W1985847475","https://openalex.org/W7125406728","https://openalex.org/W4417124204","https://openalex.org/W239896573","https://openalex.org/W1495150419"],"abstract_inverted_index":null,"counts_by_year":[{"year":2026,"cited_by_count":3},{"year":2025,"cited_by_count":7},{"year":2024,"cited_by_count":2},{"year":2023,"cited_by_count":1}],"updated_date":"2026-10-16T09:59:22.235173","created_date":"2023-05-07T00:00:00"}
