{"id":"https://openalex.org/W3125426507","doi":"https://doi.org/10.1016/s0022-0531(03)00228-x","title":"Monetary policy in a financial crisis","display_name":"Monetary policy in a financial crisis","publication_year":2003,"publication_date":"2003-08-08","ids":{"openalex":"https://openalex.org/W3125426507","doi":"https://doi.org/10.1016/s0022-0531(03)00228-x","mag":"3125426507"},"language":"en","primary_location":{"id":"doi:10.1016/s0022-0531(03)00228-x","is_oa":false,"landing_page_url":"https://doi.org/10.1016/s0022-0531(03)00228-x","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/A5002459998","display_name":"Lawrence J. Christiano","orcid":null},"institutions":[{"id":"https://openalex.org/I111979921","display_name":"Northwestern University","ror":"https://ror.org/000e0be47","country_code":"US","type":"education","lineage":["https://openalex.org/I111979921"]},{"id":"https://openalex.org/I1321305853","display_name":"National Bureau of Economic Research","ror":"https://ror.org/04grmx538","country_code":"US","type":"nonprofit","lineage":["https://openalex.org/I1321305853"]}],"countries":["US"],"is_corresponding":true,"raw_author_name":"Lawrence J. Christiano","raw_affiliation_strings":["Department of Economics, Northwestern University, Evanston, IL 60208, USA","National Bureau of Economic Research, Cambridge, MA 02138, USA"],"affiliations":[{"raw_affiliation_string":"Department of Economics, Northwestern University, Evanston, IL 60208, USA","institution_ids":["https://openalex.org/I111979921"]},{"raw_affiliation_string":"National Bureau of Economic Research, Cambridge, MA 02138, USA","institution_ids":["https://openalex.org/I1321305853"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5017246640","display_name":"Christopher Gust","orcid":null},"institutions":[{"id":"https://openalex.org/I2802905149","display_name":"Federal Reserve Board of Governors","ror":"https://ror.org/00v448643","country_code":"US","type":"government","lineage":["https://openalex.org/I1317239608","https://openalex.org/I2802905149"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Christopher Gust","raw_affiliation_strings":["Federal Reserve Board of Governors, Washington, DC 20551, USA"],"affiliations":[{"raw_affiliation_string":"Federal Reserve Board of Governors, Washington, DC 20551, USA","institution_ids":["https://openalex.org/I2802905149"]}]},{"author_position":"last","author":{"id":null,"display_name":"Jorge Roldos","orcid":null},"institutions":[{"id":"https://openalex.org/I1310145890","display_name":"International Monetary Fund","ror":"https://ror.org/05m4rmw09","country_code":"US","type":"other","lineage":["https://openalex.org/I1310145890"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Jorge Roldos","raw_affiliation_strings":["International Monetary Fund, Washington, DC 20431, USA"],"affiliations":[{"raw_affiliation_string":"International Monetary Fund, Washington, DC 20431, USA","institution_ids":["https://openalex.org/I1310145890"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":3,"corresponding_author_ids":["https://openalex.org/A5002459998"],"corresponding_institution_ids":["https://openalex.org/I111979921","https://openalex.org/I1321305853"],"apc_list":{"value":2810,"currency":"USD","value_usd":2810},"apc_paid":null,"fwci":33.091,"has_fulltext":false,"cited_by_count":157,"citation_normalized_percentile":{"value":0.99592145,"is_in_top_1_percent":true,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":94,"max":99},"biblio":{"volume":"119","issue":"1","first_page":"64","last_page":"103"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T12137","display_name":"Economic theories and models","score":0.9987000226974487,"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":0.9987000226974487,"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/T10503","display_name":"Global Financial Crisis and Policies","score":0.9986000061035156,"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":0.9983000159263611,"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/economics","display_name":"Economics","score":0.7784072160720825},{"id":"https://openalex.org/keywords/collateral","display_name":"Collateral","score":0.7753691673278809},{"id":"https://openalex.org/keywords/interest-rate","display_name":"Interest rate","score":0.7463551759719849},{"id":"https://openalex.org/keywords/welfare","display_name":"Welfare","score":0.7207860946655273},{"id":"https://openalex.org/keywords/asset","display_name":"Asset (computer security)","score":0.6006141304969788},{"id":"https://openalex.org/keywords/monetary-economics","display_name":"Monetary economics","score":0.57115238904953},{"id":"https://openalex.org/keywords/financial-crisis","display_name":"Financial crisis","score":0.5686516165733337},{"id":"https://openalex.org/keywords/monetary-policy","display_name":"Monetary policy","score":0.5237838625907898},{"id":"https://openalex.org/keywords/small-open-economy","display_name":"Small open economy","score":0.4780462384223938},{"id":"https://openalex.org/keywords/macroeconomics","display_name":"Macroeconomics","score":0.28826630115509033},{"id":"https://openalex.org/keywords/finance","display_name":"Finance","score":0.21530193090438843},{"id":"https://openalex.org/keywords/market-economy","display_name":"Market economy","score":0.14654025435447693}],"concepts":[{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.7784072160720825},{"id":"https://openalex.org/C2777910564","wikidata":"https://www.wikidata.org/wiki/Q694563","display_name":"Collateral","level":2,"score":0.7753691673278809},{"id":"https://openalex.org/C175025494","wikidata":"https://www.wikidata.org/wiki/Q179179","display_name":"Interest rate","level":2,"score":0.7463551759719849},{"id":"https://openalex.org/C100243477","wikidata":"https://www.wikidata.org/wiki/Q12002092","display_name":"Welfare","level":2,"score":0.7207860946655273},{"id":"https://openalex.org/C76178495","wikidata":"https://www.wikidata.org/wiki/Q4808784","display_name":"Asset (computer security)","level":2,"score":0.6006141304969788},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.57115238904953},{"id":"https://openalex.org/C2778300220","wikidata":"https://www.wikidata.org/wiki/Q114380","display_name":"Financial crisis","level":2,"score":0.5686516165733337},{"id":"https://openalex.org/C126285488","wikidata":"https://www.wikidata.org/wiki/Q178476","display_name":"Monetary policy","level":2,"score":0.5237838625907898},{"id":"https://openalex.org/C2777883944","wikidata":"https://www.wikidata.org/wiki/Q7543547","display_name":"Small open economy","level":3,"score":0.4780462384223938},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.28826630115509033},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.21530193090438843},{"id":"https://openalex.org/C34447519","wikidata":"https://www.wikidata.org/wiki/Q179522","display_name":"Market economy","level":1,"score":0.14654025435447693},{"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/C38652104","wikidata":"https://www.wikidata.org/wiki/Q3510521","display_name":"Computer security","level":1,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1016/s0022-0531(03)00228-x","is_oa":false,"landing_page_url":"https://doi.org/10.1016/s0022-0531(03)00228-x","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"}],"best_oa_location":null,"sustainable_development_goals":[{"id":"https://metadata.un.org/sdg/8","score":0.6399999856948853,"display_name":"Decent work and economic growth"}],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":57,"referenced_works":["https://openalex.org/W144770114","https://openalex.org/W607537849","https://openalex.org/W1558603519","https://openalex.org/W1560350676","https://openalex.org/W1599602021","https://openalex.org/W1762980242","https://openalex.org/W1921721389","https://openalex.org/W1968206940","https://openalex.org/W1996596068","https://openalex.org/W2022169702","https://openalex.org/W2024699330","https://openalex.org/W2034978367","https://openalex.org/W2049538622","https://openalex.org/W2053403059","https://openalex.org/W2058346523","https://openalex.org/W2077238130","https://openalex.org/W2093527566","https://openalex.org/W2110359232","https://openalex.org/W2112046188","https://openalex.org/W2128180562","https://openalex.org/W2132199909","https://openalex.org/W2140723714","https://openalex.org/W2158352931","https://openalex.org/W2162279473","https://openalex.org/W2727473248","https://openalex.org/W2743934008","https://openalex.org/W2798795840","https://openalex.org/W2891486356","https://openalex.org/W2892242543","https://openalex.org/W2912223170","https://openalex.org/W2918102586","https://openalex.org/W3022027069","https://openalex.org/W3121236665","https://openalex.org/W3121863184","https://openalex.org/W3122367836","https://openalex.org/W3122521805","https://openalex.org/W3122792171","https://openalex.org/W3123131353","https://openalex.org/W3123325515","https://openalex.org/W3123618247","https://openalex.org/W3123862235","https://openalex.org/W3123960836","https://openalex.org/W3124524672","https://openalex.org/W3124759433","https://openalex.org/W3125103099","https://openalex.org/W3125313327","https://openalex.org/W3125366895","https://openalex.org/W3126076964","https://openalex.org/W3126113100","https://openalex.org/W3139954909","https://openalex.org/W3140052718","https://openalex.org/W3159140044","https://openalex.org/W4253265365","https://openalex.org/W4298010314","https://openalex.org/W4300259106","https://openalex.org/W6678590386","https://openalex.org/W6788445700"],"related_works":["https://openalex.org/W3124626177","https://openalex.org/W1545046617","https://openalex.org/W1494925915","https://openalex.org/W4243562399","https://openalex.org/W3125787423","https://openalex.org/W3121982030","https://openalex.org/W2495941813","https://openalex.org/W2358044521","https://openalex.org/W3125129169","https://openalex.org/W3157149655"],"abstract_inverted_index":null,"counts_by_year":[{"year":2025,"cited_by_count":4},{"year":2024,"cited_by_count":3},{"year":2023,"cited_by_count":11},{"year":2022,"cited_by_count":5},{"year":2021,"cited_by_count":4},{"year":2020,"cited_by_count":3},{"year":2019,"cited_by_count":2},{"year":2018,"cited_by_count":5},{"year":2017,"cited_by_count":5},{"year":2016,"cited_by_count":3},{"year":2015,"cited_by_count":5},{"year":2014,"cited_by_count":4},{"year":2013,"cited_by_count":9},{"year":2012,"cited_by_count":7}],"updated_date":"2026-04-16T08:26:57.006410","created_date":"2025-10-10T00:00:00"}