{"id":"https://openalex.org/W1988114368","doi":"https://doi.org/10.1016/s0022-0531(03)00032-2","title":"Trend-reverting fluctuations in the life-cycle model","display_name":"Trend-reverting fluctuations in the life-cycle model","publication_year":2003,"publication_date":"2003-04-05","ids":{"openalex":"https://openalex.org/W1988114368","doi":"https://doi.org/10.1016/s0022-0531(03)00032-2","mag":"1988114368"},"language":"en","primary_location":{"id":"doi:10.1016/s0022-0531(03)00032-2","is_oa":false,"landing_page_url":"https://doi.org/10.1016/s0022-0531(03)00032-2","pdf_url":null,"source":{"id":"https://openalex.org/S149131268","display_name":"Journal of Economic Theory","issn_l":"0022-0531","issn":["0022-0531","1095-7235"],"is_oa":false,"is_in_doaj":false,"is_core":true,"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 Economic Theory","raw_type":"journal-article"},"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/A5078619947","display_name":"Costas Azariadis","orcid":"https://orcid.org/0000-0002-4517-3402"},"institutions":[{"id":"https://openalex.org/I161318765","display_name":"University of California, Los Angeles","ror":"https://ror.org/046rm7j60","country_code":"US","type":"education","lineage":["https://openalex.org/I161318765"]}],"countries":["US"],"is_corresponding":true,"raw_author_name":"Costas Azariadis","raw_affiliation_strings":["Bunche Hall 8377, Department of Economics, University of California at Los Angeles, Box 951477, Los Angeles, CA 90095-1477, USA"],"affiliations":[{"raw_affiliation_string":"Bunche Hall 8377, Department of Economics, University of California at Los Angeles, Box 951477, Los Angeles, CA 90095-1477, USA","institution_ids":["https://openalex.org/I161318765"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5014837414","display_name":"James B. Bullard","orcid":"https://orcid.org/0000-0002-1142-6803"},"institutions":[{"id":"https://openalex.org/I77793887","display_name":"Federal Reserve Bank of St. Louis","ror":"https://ror.org/02skhjj30","country_code":"US","type":"other","lineage":["https://openalex.org/I1317239608","https://openalex.org/I77793887"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"James Bullard","raw_affiliation_strings":["Research Department, Federal Reserve Bank of St. Louis, 411 Locust Street, St. Louis, MO 63102, USA"],"affiliations":[{"raw_affiliation_string":"Research Department, Federal Reserve Bank of St. Louis, 411 Locust Street, St. Louis, MO 63102, USA","institution_ids":["https://openalex.org/I77793887"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5040368490","display_name":"Lee E. Ohanian","orcid":"https://orcid.org/0000-0002-1190-4182"},"institutions":[{"id":"https://openalex.org/I161318765","display_name":"University of California, Los Angeles","ror":"https://ror.org/046rm7j60","country_code":"US","type":"education","lineage":["https://openalex.org/I161318765"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Lee Ohanian","raw_affiliation_strings":["Bunche Hall 8391, Department of Economics, UCLA, Box 951477, Los Angeles, CA 90095-1477, USA"],"affiliations":[{"raw_affiliation_string":"Bunche Hall 8391, Department of Economics, UCLA, Box 951477, Los Angeles, CA 90095-1477, USA","institution_ids":["https://openalex.org/I161318765"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":3,"corresponding_author_ids":["https://openalex.org/A5078619947"],"corresponding_institution_ids":["https://openalex.org/I161318765"],"apc_list":{"value":2810,"currency":"USD","value_usd":2810},"apc_paid":null,"fwci":6.2037,"has_fulltext":false,"cited_by_count":33,"citation_normalized_percentile":{"value":0.95742602,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":89,"max":98},"biblio":{"volume":"119","issue":"2","first_page":"334","last_page":"356"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T12137","display_name":"Economic theories and models","score":0.9994999766349792,"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"}},"topics":[{"id":"https://openalex.org/T12137","display_name":"Economic theories and models","score":0.9994999766349792,"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/T10007","display_name":"Monetary Policy and Economic Impact","score":0.9940000176429749,"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/T10393","display_name":"Economic Growth and Productivity","score":0.9922000169754028,"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/mean-reversion","display_name":"Mean reversion","score":0.7388284206390381},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.5895172357559204},{"id":"https://openalex.org/keywords/reversion","display_name":"Reversion","score":0.5084642171859741},{"id":"https://openalex.org/keywords/econometrics","display_name":"Econometrics","score":0.49252447485923767},{"id":"https://openalex.org/keywords/environmental-science","display_name":"Environmental science","score":0.330196738243103},{"id":"https://openalex.org/keywords/biology","display_name":"Biology","score":0.09232836961746216}],"concepts":[{"id":"https://openalex.org/C135205223","wikidata":"https://www.wikidata.org/wiki/Q367137","display_name":"Mean reversion","level":2,"score":0.7388284206390381},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.5895172357559204},{"id":"https://openalex.org/C70883133","wikidata":"https://www.wikidata.org/wiki/Q7318316","display_name":"Reversion","level":4,"score":0.5084642171859741},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.49252447485923767},{"id":"https://openalex.org/C39432304","wikidata":"https://www.wikidata.org/wiki/Q188847","display_name":"Environmental science","level":0,"score":0.330196738243103},{"id":"https://openalex.org/C86803240","wikidata":"https://www.wikidata.org/wiki/Q420","display_name":"Biology","level":0,"score":0.09232836961746216},{"id":"https://openalex.org/C104317684","wikidata":"https://www.wikidata.org/wiki/Q7187","display_name":"Gene","level":2,"score":0.0},{"id":"https://openalex.org/C55493867","wikidata":"https://www.wikidata.org/wiki/Q7094","display_name":"Biochemistry","level":1,"score":0.0},{"id":"https://openalex.org/C127716648","wikidata":"https://www.wikidata.org/wiki/Q104053","display_name":"Phenotype","level":3,"score":0.0}],"mesh":[],"locations_count":3,"locations":[{"id":"doi:10.1016/s0022-0531(03)00032-2","is_oa":false,"landing_page_url":"https://doi.org/10.1016/s0022-0531(03)00032-2","pdf_url":null,"source":{"id":"https://openalex.org/S149131268","display_name":"Journal of Economic Theory","issn_l":"0022-0531","issn":["0022-0531","1095-7235"],"is_oa":false,"is_in_doaj":false,"is_core":true,"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 Economic Theory","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:eee:jetheo:v:119:y:2004:i:2:p:334-356","is_oa":false,"landing_page_url":"http://www.sciencedirect.com/science/article/pii/S0022-0531(03)00032-2","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,"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"},{"id":"pmh:oai:RePEc:fip:fedlwp:1998-015","is_oa":false,"landing_page_url":"http://research.stlouisfed.org/wp/more/1998-015","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,"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"}],"best_oa_location":null,"sustainable_development_goals":[{"id":"https://metadata.un.org/sdg/12","display_name":"Responsible consumption and production","score":0.4699999988079071}],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":38,"referenced_works":["https://openalex.org/W1589985602","https://openalex.org/W1607204504","https://openalex.org/W1608647936","https://openalex.org/W1987347045","https://openalex.org/W1989987545","https://openalex.org/W1991009982","https://openalex.org/W2016243419","https://openalex.org/W2027565555","https://openalex.org/W2031776868","https://openalex.org/W2038532793","https://openalex.org/W2038828515","https://openalex.org/W2067156069","https://openalex.org/W2073204420","https://openalex.org/W2074652975","https://openalex.org/W2075188209","https://openalex.org/W2078918686","https://openalex.org/W2079768115","https://openalex.org/W2082310685","https://openalex.org/W2087373137","https://openalex.org/W2090148352","https://openalex.org/W2101006188","https://openalex.org/W2116005716","https://openalex.org/W2118828375","https://openalex.org/W2161722338","https://openalex.org/W2164423446","https://openalex.org/W2167064862","https://openalex.org/W2168392782","https://openalex.org/W2244866464","https://openalex.org/W2316326196","https://openalex.org/W2570189860","https://openalex.org/W3122560306","https://openalex.org/W3123290401","https://openalex.org/W3123410966","https://openalex.org/W3124230684","https://openalex.org/W3124558694","https://openalex.org/W6636633874","https://openalex.org/W6684113039","https://openalex.org/W6789772870"],"related_works":["https://openalex.org/W2899084033","https://openalex.org/W2033210022","https://openalex.org/W2385182213","https://openalex.org/W2075853330","https://openalex.org/W2091785697","https://openalex.org/W2065755627","https://openalex.org/W4299533470","https://openalex.org/W2384316872","https://openalex.org/W2378864649","https://openalex.org/W2282721006"],"abstract_inverted_index":null,"counts_by_year":[{"year":2022,"cited_by_count":2},{"year":2020,"cited_by_count":1},{"year":2019,"cited_by_count":1},{"year":2018,"cited_by_count":1},{"year":2017,"cited_by_count":1},{"year":2015,"cited_by_count":2},{"year":2014,"cited_by_count":1},{"year":2013,"cited_by_count":4},{"year":2012,"cited_by_count":1}],"updated_date":"2026-04-05T17:49:38.594831","created_date":"2025-10-10T00:00:00"}