{"id":"https://openalex.org/W4386865637","doi":"https://doi.org/10.1016/j.frl.2023.104486","title":"Is forward guidance an effective policy: A time-varying analysis","display_name":"Is forward guidance an effective policy: A time-varying analysis","publication_year":2023,"publication_date":"2023-09-19","ids":{"openalex":"https://openalex.org/W4386865637","doi":"https://doi.org/10.1016/j.frl.2023.104486"},"language":"en","primary_location":{"id":"doi:10.1016/j.frl.2023.104486","doi":"https://doi.org/10.1016/j.frl.2023.104486","is_oa":false,"landing_page_url":"https://doi.org/10.1016/j.frl.2023.104486","pdf_url":null,"source":{"id":"https://openalex.org/S88577320","display_name":"Finance research letters","issn_l":"1544-6123","issn":["1544-6123","1544-6131"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","fnege-3","jufo-1","norway-1","poland-70","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":"Finance Research Letters","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://doi.org/10.2139/ssrn.4532237","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5102562738","display_name":"Meihua Jiang","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I194450716","display_name":"Jilin University","ror":"https://ror.org/00js3aw79","country_code":"CN","type":"education","lineage":["https://openalex.org/I194450716"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Meihua Jiang","raw_affiliation_strings":["Northeast Asian Research Center, Jilin University, Changchun, Jilin, China"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Northeast Asian Research Center, Jilin University, Changchun, Jilin, China","institution_ids":["https://openalex.org/I194450716"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5091486693","display_name":"Yuzhe Huang","orcid":"https://orcid.org/0000-0002-3485-6742","observed_orcids":["https://orcid.org/0000-0002-3485-6742"]},"institutions":[{"id":"https://openalex.org/I194450716","display_name":"Jilin University","ror":"https://ror.org/00js3aw79","country_code":"CN","type":"education","lineage":["https://openalex.org/I194450716"]}],"countries":["CN"],"is_corresponding":true,"raw_author_name":"Yuzhe Huang","raw_affiliation_strings":["School of Business and Management, Jilin University, Changchun, Jilin China"],"raw_orcid":"https://orcid.org/0000-0002-3485-6742","affiliations":[{"raw_affiliation_string":"School of Business and Management, Jilin University, Changchun, Jilin China","institution_ids":["https://openalex.org/I194450716"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5091486693"],"corresponding_institution_ids":["https://openalex.org/I194450716"],"apc_list":{"value":2930,"currency":"USD","value_usd":2930},"apc_paid":null,"fwci":3.1856,"has_fulltext":false,"cited_by_count":10,"citation_normalized_percentile":{"value":0.92361441,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":89,"max":99},"biblio":{"volume":"58","issue":null,"first_page":"104486","last_page":"104486"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.9994999766349792,"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":0.9994999766349792,"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/T11059","display_name":"Market Dynamics and Volatility","score":9.999999747378752e-05,"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/T12137","display_name":"Economic theories and models","score":9.999999747378752e-05,"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"}}],"keywords":[{"id":"https://openalex.org/keywords/forward-guidance","display_name":"forward guidance","score":0.996999979019165},{"id":"https://openalex.org/keywords/monetary-policy-instruments","display_name":"monetary policy instruments","score":0.7670000195503235},{"id":"https://openalex.org/keywords/monetary-policy-effectiveness","display_name":"monetary policy effectiveness","score":0.7919999957084656},{"id":"https://openalex.org/keywords/policy-rate","display_name":"key rate","score":0.8519999980926514},{"id":"https://openalex.org/keywords/monetary-policy-uncertainty","display_name":"monetary policy uncertainty","score":0.8709999918937683},{"id":"https://openalex.org/keywords/financial-frictions","display_name":"financial frictions","score":0.9010000228881836},{"id":"https://openalex.org/keywords/countercyclical-regulation","display_name":"countercyclical regulation","score":0.9599999785423279},{"id":"https://openalex.org/keywords/financial-market-risk","display_name":"financial market risk","score":0.703000009059906},{"id":"https://openalex.org/keywords/financial-constraints","display_name":"financial constraints","score":0.9940000176429749},{"id":"https://openalex.org/keywords/china","display_name":"China","score":0.5730000138282776}],"concepts":[{"id":"https://openalex.org/C126285488","wikidata":"https://www.wikidata.org/wiki/Q178476","display_name":"Monetary policy","level":2,"score":0.7651218175888062},{"id":"https://openalex.org/C202655504","wikidata":"https://www.wikidata.org/wiki/Q16556980","display_name":"Forward guidance","level":5,"score":0.7282408475875854},{"id":"https://openalex.org/C19244329","wikidata":"https://www.wikidata.org/wiki/Q208697","display_name":"Financial market","level":2,"score":0.5424270629882812},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.5233182907104492},{"id":"https://openalex.org/C116834253","wikidata":"https://www.wikidata.org/wiki/Q2039217","display_name":"Identification (biology)","level":2,"score":0.5026755332946777},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.29580965638160706},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.2534293532371521},{"id":"https://openalex.org/C185824701","wikidata":"https://www.wikidata.org/wiki/Q1193759","display_name":"Inflation targeting","level":3,"score":0.23644375801086426},{"id":"https://openalex.org/C88583849","wikidata":"https://www.wikidata.org/wiki/Q5183768","display_name":"Credit channel","level":4,"score":0.17769473791122437},{"id":"https://openalex.org/C59822182","wikidata":"https://www.wikidata.org/wiki/Q441","display_name":"Botany","level":1,"score":0.0},{"id":"https://openalex.org/C86803240","wikidata":"https://www.wikidata.org/wiki/Q420","display_name":"Biology","level":0,"score":0.0}],"mesh":[],"locations_count":3,"locations":[{"id":"doi:10.1016/j.frl.2023.104486","doi":"https://doi.org/10.1016/j.frl.2023.104486","is_oa":false,"landing_page_url":"https://doi.org/10.1016/j.frl.2023.104486","pdf_url":null,"source":{"id":"https://openalex.org/S88577320","display_name":"Finance research letters","issn_l":"1544-6123","issn":["1544-6123","1544-6131"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","fnege-3","jufo-1","norway-1","poland-70","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":"Finance Research Letters","raw_type":"journal-article"},{"id":"doi:10.2139/ssrn.4532237","doi":"https://doi.org/10.2139/ssrn.4532237","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.4532237","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"acceptedVersion","is_accepted":true,"is_published":false,"raw_source_name":null,"raw_type":"posted-content"},{"id":"pmh:oai:RePEc:eee:finlet:v:58:y:2023:i:pb:s1544612323008589","doi":null,"is_oa":false,"landing_page_url":"http://www.sciencedirect.com/science/article/pii/S1544612323008589","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":"article"}],"best_oa_location":{"id":"doi:10.2139/ssrn.4532237","doi":"https://doi.org/10.2139/ssrn.4532237","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.4532237","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"acceptedVersion","is_accepted":true,"is_published":false,"raw_source_name":null,"raw_type":"posted-content"},"sustainable_development_goals":[],"study_designs":[],"awards":[{"id":"https://openalex.org/G9000239612","display_name":null,"funder_award_id":"21CJY069","funder_id":"https://openalex.org/F4320335817","funder_display_name":"National Social Science Fund Youth Project"}],"funders":[{"id":"https://openalex.org/F4320327557","display_name":"National Office for Philosophy and Social Sciences","ror":"https://ror.org/04m0ms912"},{"id":"https://openalex.org/F4320335817","display_name":"National Social Science Fund Youth Project","ror":null}],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":30,"referenced_works":["https://openalex.org/W1540757224","https://openalex.org/W1905586486","https://openalex.org/W1929597172","https://openalex.org/W2067094520","https://openalex.org/W2110337991","https://openalex.org/W2156834658","https://openalex.org/W2172851878","https://openalex.org/W2345677804","https://openalex.org/W2547186548","https://openalex.org/W2566240768","https://openalex.org/W2580735467","https://openalex.org/W2592117520","https://openalex.org/W2593999556","https://openalex.org/W2616342710","https://openalex.org/W2734388934","https://openalex.org/W2921395541","https://openalex.org/W3015184758","https://openalex.org/W3018273604","https://openalex.org/W3021811462","https://openalex.org/W3023239135","https://openalex.org/W3121517453","https://openalex.org/W3123176201","https://openalex.org/W3123830486","https://openalex.org/W3123952032","https://openalex.org/W3124449650","https://openalex.org/W3125502357","https://openalex.org/W3125749836","https://openalex.org/W3128914791","https://openalex.org/W3217279773","https://openalex.org/W4236290419"],"related_works":["https://openalex.org/W3122660295","https://openalex.org/W2308874069","https://openalex.org/W1540757224","https://openalex.org/W2340029452","https://openalex.org/W7153521317","https://openalex.org/W2266013027","https://openalex.org/W2342947627","https://openalex.org/W2912259201","https://openalex.org/W2531395547","https://openalex.org/W3132339441"],"abstract_inverted_index":null,"counts_by_year":[{"year":2026,"cited_by_count":6},{"year":2025,"cited_by_count":3},{"year":2024,"cited_by_count":1}],"updated_date":"2026-11-04T10:54:05.112534","created_date":"2023-09-20T00:00:00"}