{"state_type":"pith_open_graph_state","state_version":"1.0","pith_number":"pith:2023:GPGIXYPSSSDROHMZ4RYVXGFDG4","merge_version":"pith-open-graph-merge-v1","event_count":2,"valid_event_count":2,"invalid_event_count":0,"equivocation_count":0,"current":{"canonical_record":{"metadata":{"abstract_canon_sha256":"ed3aebf0c48251de565ccb83cc8243dc9a979720615d20a519fc681cd8ef68e1","cross_cats_sorted":["q-fin.EC"],"license":"http://creativecommons.org/publicdomain/zero/1.0/","primary_cat":"econ.GN","submitted_at":"2023-06-07T16:08:21Z","title_canon_sha256":"5cfa0df5636342c701a3fc7a4f99b090a8fd7c01e15216bfbeb1323bff1e4f4b"},"schema_version":"1.0","source":{"id":"2306.04562","kind":"arxiv","version":1}},"source_aliases":[{"alias_kind":"arxiv","alias_value":"2306.04562","created_at":"2026-07-05T06:18:32Z"},{"alias_kind":"arxiv_version","alias_value":"2306.04562v1","created_at":"2026-07-05T06:18:32Z"},{"alias_kind":"doi","alias_value":"10.48550/arxiv.2306.04562","created_at":"2026-07-05T06:18:32Z"},{"alias_kind":"pith_short_12","alias_value":"GPGIXYPSSSDR","created_at":"2026-07-05T06:18:32Z"},{"alias_kind":"pith_short_16","alias_value":"GPGIXYPSSSDROHMZ","created_at":"2026-07-05T06:18:32Z"},{"alias_kind":"pith_short_8","alias_value":"GPGIXYPS","created_at":"2026-07-05T06:18:32Z"}],"graph_snapshots":[{"event_id":"sha256:fb30a805f35d88b32ffce4f2a4da08471887f23f7ec6cbdc5bde77332d8899ff","target":"graph","created_at":"2026-07-05T06:18:32Z","signer":{"key_id":"pith-v1-2026-05","public_key_fingerprint":"8d4b5ee74e4693bcd1df2446408b0d54","signer_id":"pith.science","signer_type":"pith_registry"},"payload":{"graph_snapshot":{"author_claims":{"count":0,"snapshot_sha256":"258153158e38e3291e3d48162225fcdb2d5a3ed65a07baac614ab91432fd4f57","strong_count":0},"builder_version":"pith-number-builder-2026-05-17-v1","claims":{"count":0,"items":[],"snapshot_sha256":"258153158e38e3291e3d48162225fcdb2d5a3ed65a07baac614ab91432fd4f57"},"formal_canon":{"evidence_count":0,"snapshot_sha256":"258153158e38e3291e3d48162225fcdb2d5a3ed65a07baac614ab91432fd4f57"},"integrity":{"available":true,"clean":true,"detectors_run":[],"endpoint":"/pith/2306.04562/integrity.json","findings":[],"snapshot_sha256":"c28c3603d3b5d939e8dc4c7e95fa8dfce3d595e45f758748cecf8e644a296938","summary":{"advisory":0,"by_detector":{},"critical":0,"informational":0}},"paper":{"abstract_excerpt":"This paper shows that disregarding the information effects around the European Central Bank monetary policy decision announcements biases its international spillovers. Using data from 23 economies, both Emerging and Advanced, I show that following an identification strategy that disentangles pure monetary policy shocks from information effects lead to international spillovers on industrial production, exchange rates and equity indexes which are between 2 to 3 times larger in magnitude than those arising from following the standard high frequency identification strategy. This bias is driven by ","authors_text":"Santiago Camara","cross_cats":["q-fin.EC"],"headline":"","license":"http://creativecommons.org/publicdomain/zero/1.0/","primary_cat":"econ.GN","submitted_at":"2023-06-07T16:08:21Z","title":"International Spillovers of ECB Interest Rates: Monetary Policy & Information Effects"},"references":{"count":0,"internal_anchors":0,"resolved_work":0,"sample":[],"snapshot_sha256":"258153158e38e3291e3d48162225fcdb2d5a3ed65a07baac614ab91432fd4f57"},"source":{"id":"2306.04562","kind":"arxiv","version":1},"verdict":{"created_at":null,"id":null,"model_set":{},"one_line_summary":"","pipeline_version":null,"pith_extraction_headline":"","strongest_claim":"","weakest_assumption":""}},"verdict_id":null}}],"author_attestations":[],"timestamp_anchors":[],"storage_attestations":[],"citation_signatures":[],"replication_records":[],"corrections":[],"mirror_hints":[],"record_created":{"event_id":"sha256:7c40d59292a615c93aa254c20d74a4d9aed6227e688956c70c55f0bd3b0e4c4a","target":"record","created_at":"2026-07-05T06:18:32Z","signer":{"key_id":"pith-v1-2026-05","public_key_fingerprint":"8d4b5ee74e4693bcd1df2446408b0d54","signer_id":"pith.science","signer_type":"pith_registry"},"payload":{"attestation_state":"computed","canonical_record":{"metadata":{"abstract_canon_sha256":"ed3aebf0c48251de565ccb83cc8243dc9a979720615d20a519fc681cd8ef68e1","cross_cats_sorted":["q-fin.EC"],"license":"http://creativecommons.org/publicdomain/zero/1.0/","primary_cat":"econ.GN","submitted_at":"2023-06-07T16:08:21Z","title_canon_sha256":"5cfa0df5636342c701a3fc7a4f99b090a8fd7c01e15216bfbeb1323bff1e4f4b"},"schema_version":"1.0","source":{"id":"2306.04562","kind":"arxiv","version":1}},"canonical_sha256":"33cc8be1f29487171d99e4715b98a337224d4dfdebee99a1eaa33dc6ac2021f9","receipt":{"algorithm":"ed25519","builder_version":"pith-number-builder-2026-05-17-v1","canonical_sha256":"33cc8be1f29487171d99e4715b98a337224d4dfdebee99a1eaa33dc6ac2021f9","first_computed_at":"2026-07-05T06:18:32.319561Z","key_id":"pith-v1-2026-05","kind":"pith_receipt","last_reissued_at":"2026-07-05T06:18:32.319561Z","public_key_fingerprint":"8d4b5ee74e4693bcd1df2446408b0d54","receipt_version":"0.3","signature_b64":"Ld4ywFgGt4JFAWvWg2vld226HLeHGJ2cF+baiUGdgy02YI6Pv+jZBvOc/ck04hdCiq/GN8aLhnQ0H/SVQZugBw==","signature_status":"signed_v1","signed_at":"2026-07-05T06:18:32.319976Z","signed_message":"canonical_sha256_bytes"},"source_id":"2306.04562","source_kind":"arxiv","source_version":1}}},"equivocations":[],"invalid_events":[],"applied_event_ids":["sha256:7c40d59292a615c93aa254c20d74a4d9aed6227e688956c70c55f0bd3b0e4c4a","sha256:fb30a805f35d88b32ffce4f2a4da08471887f23f7ec6cbdc5bde77332d8899ff"],"state_sha256":"1ec7d8086251c331182db41c034acade05183d4b468f3a4ce4153754629ec09a"}