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AbstractOutcomes from a partially integrated model of managed long‐term care—The VNS CHOICE program (VCP)—were compared to those from a fully capitated model—the Program of All‐Inclusive Care for the Elderly (PACE). A retrospective cohort design examined discharge, morbidity, and functional status for 3,200 individuals over 18 months. Although the two populations were close in average functional status, the PACE sample was sicker and more cognitively impaired. Higher rates of death were found in the PACE program (22 percent vs. 10 percent over 18 months) and a greater likelihood of decline in instrumental activities of daily living; higher functional disability scores (ADLs) predicted discharge in PACE but not in VCP. When propensity score stratification was used to compare like populations, the impact of program enrolment on outcomes became statistically insignificant, suggesting that a partially capitated model performs at least as well as the fully capitated PACE model.

Transitional justice programs traditionally focused on breaches of civil and political rights and violations of bodily integrity, largely ignoring violations of economic and social rights (ESRs) and relegating socioeconomic issues to the category of 'background' or context. This approach is becoming increasingly untenable given that ESRs articulate binding and increasingly justiciable legal obligations. Considering past ESR violations can also provide crucial insight into the causes of past conflict, and addressing socioeconomic grievances can help to reduce the chances of future rights violations or civil unrest. This Article sets out when transitional justice ought concern itself with breaches of ESRs using the 'respect, protect, fulfill' framework of state obligations. Drawing on past examples, the Article argues that failures to respect and protect ESRs are usually discrete enough to be included in the mandates of truth commissions, reparations schemes, and, in some cases, criminal prosecutions. Decentralization programs and the vetting of corrupt economic actors can also effectively address past ESR violations and lead to socioeconomic improvements. Addressing state failures to fulfill ESRs is a more complicated question, although there are occasions where such violations should be included in transitional justice mandates. Ultimately, transitional justice can no longer ignore that ESRs articulate non-negotiable and clearly defined standards, which often hold the key to stable and sustainable political transitions.

Objective: This study investigates (a) whether job commitment and family commitment moderate the positive association between flexible working-time arrangements and work hours, and (b) whether childless women and men and mothers and fathers with the same levels of job and family commitment work equally long hours with flexible working-time arrangements. Background: As working-time flexibility increases at many workplaces due to digital technologies and work overload, so too does the risk of working longer hours. Although previous research has neglected job and family commitment as potential moderators of the relationship between working-time flexibility and long working hours, it has found gender inequalities in working hours among employees with flexible working-time arrangements, which have been attributed inter alia to men's higher commitment to work and lower commitment to family. Method: Multivariate analyses were conducted based on German Family Panel (pairfam) data for 2018, 2019, and 2020. The sample comprised data from 4,568 employee-years, 1,666 part-time employee-years, and 2,902 full-time employee-years. Results: Among full-time employees, only those with high job commitment and low family commitment worked longer hours with employer-driven flexibility and working-time autonomy. Mothers with these arrangements worked fewer hours than childless women, childless men, and fathers, unless they had the same levels of job and family commitment as the latter three groups. Conclusion: These results suggest, first, that among full-time employees with flexible working-time arrangements, job and family commitment are driving factors for working long hours; second, that gender differences in work hours are shaped by parental status; and third, that these differences are due, at least in part, to differences in connectedness to job and family roles.

AbstractWe examine the profitability of multifactor portfolios on the US stock market. Using passive sector investing as the benchmark, we assess the performances of factor‐based asset management strategies in good and bad times. When short selling is unrestricted, factor investing outperforms sector investing in all respects. For long‐only portfolios, our results reveal a trade‐off between the risk premia associated with factors and the diversification potential of sectors. Multifactor investing tends to be more profitable than the benchmark during good times but less attractive during bad times, when diversification is needed the most.

Since oil prices fell in 2014, Alberta's provincial government has wrestled with large and persistent deficits. The new government elected in April 2019 is committed to balancing the books by 2022. But a longer-run challenge remains.

Since oil prices fell in 2014, Alberta's provincial government has wrestled with large and persistent deficits. The new government elected in April 2019 is committed to balancing the books by 2022. But a longer-run challenge remains.