{"id":"https://openalex.org/W4391099430","doi":"https://doi.org/10.1016/j.jfineco.2024.103790","title":"Fearing the Fed: How wall street reads main street","display_name":"Fearing the Fed: How wall street reads main street","publication_year":2024,"publication_date":"2024-01-22","ids":{"openalex":"https://openalex.org/W4391099430","doi":"https://doi.org/10.1016/j.jfineco.2024.103790"},"language":"en","primary_location":{"id":"doi:10.1016/j.jfineco.2024.103790","doi":"https://doi.org/10.1016/j.jfineco.2024.103790","is_oa":false,"landing_page_url":"https://doi.org/10.1016/j.jfineco.2024.103790","pdf_url":null,"source":{"id":"https://openalex.org/S149240962","display_name":"Journal of Financial Economics","issn_l":"0304-405X","issn":["0304-405X","1879-2774"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a-star","anvur-class-a","anvur-scientific","cwts-core","fnege-1-star","ft50","jufo-3","norway-2","poland-200","russia-white-list-1","utd24","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 Financial Economics","raw_type":"journal-article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://doi.org/10.2139/ssrn.3689924","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5044721166","display_name":"Vadim Elenev","orcid":"https://orcid.org/0000-0002-9690-6987","observed_orcids":["https://orcid.org/0000-0002-9690-6987"]},"institutions":[{"id":"https://openalex.org/I145311948","display_name":"Johns Hopkins University","ror":"https://ror.org/00za53h95","country_code":"US","type":"education","lineage":["https://openalex.org/I145311948"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Vadim Elenev","raw_affiliation_strings":["Carey Business School, Johns Hopkins University, 100 International Drive, Baltimore, 21202, MD, USA"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Carey Business School, Johns Hopkins University, 100 International Drive, Baltimore, 21202, MD, USA","institution_ids":["https://openalex.org/I145311948"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5055917766","display_name":"Tzuo Hann Law","orcid":"https://orcid.org/0009-0008-2415-6479","observed_orcids":["https://orcid.org/0009-0008-2415-6479"]},"institutions":[{"id":"https://openalex.org/I103531236","display_name":"Boston College","ror":"https://ror.org/02n2fzt79","country_code":"US","type":"education","lineage":["https://openalex.org/I103531236"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Tzuo-Hann Law","raw_affiliation_strings":["Boston College, 140 Commonwealth Avenue, Chestnut Hill, 02467, MA, USA"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Boston College, 140 Commonwealth Avenue, Chestnut Hill, 02467, MA, USA","institution_ids":["https://openalex.org/I103531236"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5015498859","display_name":"Dongho Song","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I145311948","display_name":"Johns Hopkins University","ror":"https://ror.org/00za53h95","country_code":"US","type":"education","lineage":["https://openalex.org/I145311948"]}],"countries":["US"],"is_corresponding":true,"raw_author_name":"Dongho Song","raw_affiliation_strings":["Carey Business School, Johns Hopkins University, 100 International Drive, Baltimore, 21202, MD, USA"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Carey Business School, Johns Hopkins University, 100 International Drive, Baltimore, 21202, MD, USA","institution_ids":["https://openalex.org/I145311948"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5062606558","display_name":"Amir Yaron","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I4405260342","display_name":"Bank of Israel","ror":"https://ror.org/03kre0g15","country_code":"IL","type":"government","lineage":["https://openalex.org/I4405260342"]},{"id":"https://openalex.org/I79576946","display_name":"University of Pennsylvania","ror":"https://ror.org/00b30xv10","country_code":"US","type":"education","lineage":["https://openalex.org/I79576946"]}],"countries":["IL","US"],"is_corresponding":false,"raw_author_name":"Amir Yaron","raw_affiliation_strings":["Bank of Israel, 2 Bank of Israel Street, Kiryat Ben-Gurion, Jerusalem, 91007, Israel","The Wharton School, University of Pennsylvania, 3620 Locust Walk, Philadelphia, 19104, PA, USA"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Bank of Israel, 2 Bank of Israel Street, Kiryat Ben-Gurion, Jerusalem, 91007, Israel","institution_ids":["https://openalex.org/I4405260342"]},{"raw_affiliation_string":"The Wharton School, University of Pennsylvania, 3620 Locust Walk, Philadelphia, 19104, PA, USA","institution_ids":["https://openalex.org/I79576946"]}]}],"institutions":[],"countries_distinct_count":2,"institutions_distinct_count":4,"corresponding_author_ids":["https://openalex.org/A5015498859"],"corresponding_institution_ids":["https://openalex.org/I145311948"],"apc_list":{"value":4250,"currency":"USD","value_usd":4250},"apc_paid":null,"fwci":8.5331,"has_fulltext":false,"cited_by_count":77,"citation_normalized_percentile":{"value":0.97988064,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":89,"max":99},"biblio":{"volume":"153","issue":null,"first_page":"103790","last_page":"103790"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":0.9320999979972839,"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"}},"topics":[{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":0.9320999979972839,"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/T10007","display_name":"Monetary Policy and Economic Impact","score":0.04879999905824661,"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":0.015599999576807022,"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/macroeconomic-announcements","display_name":"macroeconomic announcements","score":0.6840000152587891},{"id":"https://openalex.org/keywords/monetary-policy-expectations","display_name":"monetary policy expectations","score":0.7860000133514404},{"id":"https://openalex.org/keywords/market-price-of-risk","display_name":"market price of risk","score":0.75},{"id":"https://openalex.org/keywords/interest-rates","display_name":"interest rates","score":0.5929999947547913},{"id":"https://openalex.org/keywords/federal-reserve","display_name":"Federal Reserve","score":0.5839999914169312},{"id":"https://openalex.org/keywords/stock-price-reaction","display_name":"stock price reaction","score":0.3070000112056732}],"concepts":[{"id":"https://openalex.org/C204036174","wikidata":"https://www.wikidata.org/wiki/Q909380","display_name":"Stock (firearms)","level":2,"score":0.6983362436294556},{"id":"https://openalex.org/C163428354","wikidata":"https://www.wikidata.org/wiki/Q1047513","display_name":"Cash flow","level":2,"score":0.6886522769927979},{"id":"https://openalex.org/C175291020","wikidata":"https://www.wikidata.org/wiki/Q1156822","display_name":"Offset (computer science)","level":2,"score":0.6744817495346069},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.58690345287323},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.5668490529060364},{"id":"https://openalex.org/C126285488","wikidata":"https://www.wikidata.org/wiki/Q178476","display_name":"Monetary policy","level":2,"score":0.4725959897041321},{"id":"https://openalex.org/C2780299701","wikidata":"https://www.wikidata.org/wiki/Q475000","display_name":"Stock market","level":3,"score":0.4562867283821106},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.35066652297973633},{"id":"https://openalex.org/C106159729","wikidata":"https://www.wikidata.org/wiki/Q2294553","display_name":"Financial economics","level":1,"score":0.3210316598415375},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.19524380564689636},{"id":"https://openalex.org/C205649164","wikidata":"https://www.wikidata.org/wiki/Q1071","display_name":"Geography","level":0,"score":0.14676690101623535},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.06517112255096436},{"id":"https://openalex.org/C2779343474","wikidata":"https://www.wikidata.org/wiki/Q3109175","display_name":"Context (archaeology)","level":2,"score":0.0},{"id":"https://openalex.org/C166957645","wikidata":"https://www.wikidata.org/wiki/Q23498","display_name":"Archaeology","level":1,"score":0.0},{"id":"https://openalex.org/C199360897","wikidata":"https://www.wikidata.org/wiki/Q9143","display_name":"Programming language","level":1,"score":0.0}],"mesh":[],"locations_count":4,"locations":[{"id":"doi:10.1016/j.jfineco.2024.103790","doi":"https://doi.org/10.1016/j.jfineco.2024.103790","is_oa":false,"landing_page_url":"https://doi.org/10.1016/j.jfineco.2024.103790","pdf_url":null,"source":{"id":"https://openalex.org/S149240962","display_name":"Journal of Financial Economics","issn_l":"0304-405X","issn":["0304-405X","1879-2774"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a-star","anvur-class-a","anvur-scientific","cwts-core","fnege-1-star","ft50","jufo-3","norway-2","poland-200","russia-white-list-1","utd24","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 Financial Economics","raw_type":"journal-article"},{"id":"doi:10.2139/ssrn.3689924","doi":"https://doi.org/10.2139/ssrn.3689924","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.3689924","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":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"posted-content"},{"id":"doi:10.2139/ssrn.3092629","doi":"https://doi.org/10.2139/ssrn.3092629","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.3092629","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":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"posted-content"},{"id":"pmh:oai:RePEc:eee:jfinec:v:153:y:2024:i:c:s0304405x24000138","doi":null,"is_oa":false,"landing_page_url":"http://www.sciencedirect.com/science/article/pii/S0304405X24000138","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.3689924","doi":"https://doi.org/10.2139/ssrn.3689924","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.3689924","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":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"posted-content"},"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[{"id":"https://openalex.org/F4320310145","display_name":"Johns Hopkins University","ror":"https://ror.org/00za53h95"},{"id":"https://openalex.org/F4320334232","display_name":"Carey Business School, Johns Hopkins University","ror":null}],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":54,"referenced_works":["https://openalex.org/W1533232858","https://openalex.org/W1550532490","https://openalex.org/W1873320991","https://openalex.org/W1976824046","https://openalex.org/W1982558172","https://openalex.org/W1991869321","https://openalex.org/W2000757558","https://openalex.org/W2030775385","https://openalex.org/W2096669492","https://openalex.org/W2104490102","https://openalex.org/W2105332353","https://openalex.org/W2111193193","https://openalex.org/W2113704261","https://openalex.org/W2114597179","https://openalex.org/W2121732987","https://openalex.org/W2122298188","https://openalex.org/W2123518587","https://openalex.org/W2129023625","https://openalex.org/W2137810944","https://openalex.org/W2140584608","https://openalex.org/W2146387535","https://openalex.org/W2165100677","https://openalex.org/W2166069423","https://openalex.org/W2169672391","https://openalex.org/W2324302607","https://openalex.org/W2339261430","https://openalex.org/W2553269777","https://openalex.org/W2616342710","https://openalex.org/W2762455855","https://openalex.org/W2798012757","https://openalex.org/W2885028637","https://openalex.org/W2891832533","https://openalex.org/W2970380286","https://openalex.org/W3023877248","https://openalex.org/W3041263586","https://openalex.org/W3090627464","https://openalex.org/W3121886650","https://openalex.org/W3123647737","https://openalex.org/W3123780646","https://openalex.org/W3125368394","https://openalex.org/W3125404604","https://openalex.org/W3125428948","https://openalex.org/W3125957690","https://openalex.org/W3126119978","https://openalex.org/W3200362776","https://openalex.org/W4226268122","https://openalex.org/W4229721654","https://openalex.org/W4235559071","https://openalex.org/W4297852900","https://openalex.org/W4300851817","https://openalex.org/W4321194911","https://openalex.org/W4385649226","https://openalex.org/W4388425575","https://openalex.org/W7100722850"],"related_works":["https://openalex.org/W4312246638","https://openalex.org/W2186774280","https://openalex.org/W2806065618","https://openalex.org/W2216331641","https://openalex.org/W7203689355","https://openalex.org/W2058747792","https://openalex.org/W3122247971","https://openalex.org/W2065761006","https://openalex.org/W2044176719","https://openalex.org/W2969459300"],"abstract_inverted_index":null,"counts_by_year":[{"year":2026,"cited_by_count":6},{"year":2025,"cited_by_count":13},{"year":2024,"cited_by_count":12},{"year":2023,"cited_by_count":13},{"year":2022,"cited_by_count":11},{"year":2021,"cited_by_count":2},{"year":2020,"cited_by_count":11},{"year":2019,"cited_by_count":3},{"year":2018,"cited_by_count":3},{"year":2017,"cited_by_count":2},{"year":2016,"cited_by_count":1}],"updated_date":"2026-11-10T11:39:43.021295","created_date":"2024-01-23T00:00:00"}