Add wos sample results library

02-data/intermediate/wos_sample/c5fadad24c30821ebcb67b03dcc2b136-saiki-ayako-and-fro/info.yaml

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+abstract: 'Unconventional monetary policy (UMP) influences inequality through two
+
+  channels that work in opposite directions - a labour market channel
+
+  (more employment, higher wages) and a financial market channel (higher
+
+  asset prices). In an earlier paper, covering UMP through 2014, we found
+
+  that UMP in Japan had contributed to greater income inequality through
+
+  its effects on asset prices. With a longer time period, a richer dataset
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+  including labour market data, and a structural vector autoregression
+
+  (SVAR) we confirm that these results continue to hold, and investigate
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+  why UMP''s impact on inequality in Japan differs from some other
+
+  countries. We argue that Japanese structural issues may mute the labour
+
+  market channel, especially: (i) labour market rigidity; and (ii) the
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+  large share of the population that is older than 65 years old or
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+  retired. The older cohort''s capital gains and dividends are re-saved in
+
+  other financial assets, instead of being consumed or used for starting
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+  businesses. At the same time, wages have not increased despite the
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+  severe labour shortage, due to the frictions in Japan''s labour market.
+
+  We conclude that these factors may make the inequality created by UMP in
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+  Japan unique by international comparison.'
+affiliation: 'Saiki, A (Corresponding Author), Nihon Univ, Coll Econ, Tokyo, Japan.
+
+  Saiki, Ayako, Nihon Univ, Coll Econ, Tokyo, Japan.
+
+  Frost, Jon, Bank Int Settlements BIS, Basel, Switzerland.
+
+  Frost, Jon, Nederlandsche Bank, Amsterdam, Netherlands.
+
+  Frost, Jon, Cambridge Ctr Alternat Finance, Cambridge, England.'
+author: Saiki, Ayako and Frost, Jon
+author-email: ayako@brandeis.edu
+author_list:
+- family: Saiki
+  given: Ayako
+- family: Frost
+  given: Jon
+da: '2023-09-28'
+doi: 10.1080/00036846.2020.1745748
+earlyaccessdate: JUL 2020
+eissn: 1466-4283
+files: []
+issn: 0003-6846
+journal: APPLIED ECONOMICS
+keywords: 'Central banks; monetary policy; personal income; income distribution;
+
+  Japan'
+language: English
+month: SEP 19
+number: '44'
+number-of-cited-references: '40'
+pages: 4809-4821
+papis_id: d71e1a371b44726ae2d5786673fdcbea
+ref: Saiki2020unconventionalmoneta
+researcherid-numbers: Saiki, Ayako/GQQ-0202-2022
+times-cited: '2'
+title: 'Unconventional monetary policy and inequality: is Japan unique?'
+type: Article
+unique-id: WOS:000547673100001
+usage-count-last-180-days: '0'
+usage-count-since-2013: '11'
+volume: '52'
+web-of-science-categories: Economics
+year: '2020'