Social Policy &Administration, Volume 60, Issue 4, Page 606-616, July 2026.ABSTRACT This study examines why Japan's social care reforms of the early 1970s led to a generous elderly care system but only modest and narrowly targeted support for children. Although child allowances and free medical care for the elderly were introduced almost simultaneously, they followed sharply divergent paths.
Ryotaro Takahashi
wiley +1 more source
Keynesian Dynamics and the Wage-Price Spiral:Estimating a Baseline Disequilibrium Approach [PDF]
We reformulate the baseline disequilibrium AS-AD model of Asada et al. (2004) to make it applicable for empirical estimation. The model now exhibits a Taylor interest rate rule in the place of an LM curve, a dynamic IS curve and dynamic employment ...
P. Chen, C. Chiarella
core
On the Low Degree of Entropy Implied by the Solutions of Modern Macroeconomic Models. [PDF]
Entropy (Basel), 2022 Nymoen R.
europepmc +1 more source
On the Comovement of Contango and Backwardation Across Futures Commodity Markets
Journal of Futures Markets, Volume 46, Issue 6, Page 955-981, June 2026.ABSTRACT We examine the time‐varying nature of the comovement of the slope of the futures curve in major agricultural, metals and energy commodity futures markets in a Global Vector Autoregressive model. We find significant comovement between the slopes, indicating the co‐existence of backwardation and contango in many seemingly unrelated commodity ...
Angelo Luisi +2 more
wiley +1 more source
New Keynesian economics : a monetary perspective [PDF]
In this article we construct a simple analytically tractable model to explore and evaluate New Keynesian ideas. First, we show that a New Keynesian model need not exhibit Phillips curve correlations in the absence of strategic price setting by firms ...
Stephen D. Williamson
core
Public policies and the future of agriculture in Cameroon: A case study of the "Tree Year Special Youth Plan". [PDF]
HeliyonTadzong Mouafo P +3 more
europepmc +1 more source
Can money supply endogeneity influence bank stock returns? A case study of South Asian economies. [PDF]
Environ Dev Sustain, 2022 Liu L +6 more
europepmc +1 more source
What Explains International Interest Rate Co‐Movement?
Journal of Applied Econometrics, Volume 41, Issue 4, Page 343-359, June/July 2026.ABSTRACT The international co‐movement of interest rates reflects correlated business‐cycle fluctuations, largely driven by demand shocks. Monetary policy in advanced economies follows domestic mandates—inflation and the output gap—and does not respond to foreign policy shocks.
Annika Camehl, Gregor von Schweinitz
wiley +1 more source
Expectations, employment and prices: a suggested interpretation of the new 'farmerian' economics
This paper aims at providing a critical assessment of the new ‘Farmerian’ economics, i.e. the recent Farmer’s attempt to provide a new micro-foundation of the General Theory grounded on modern search and business cycle theories. Specifically, I develop a
Guerrazzi, Marco
core
A vision for the role of governments in supporting the public's health: Learning from the past and expanding our imaginations for the future. [PDF]
Healthc Manage ForumMcLaren L.
europepmc +1 more source