Collective bargaining agreements still play an important role in the German wage setting system. Both existing theoretical and empirical studies find that collective bargaining leads to higher wages compared to individually agreed ones. However, the impact of collective bargaining on the wage...

The author implements several inequality decomposition methods to measure the extent to which total household income disparities can be attributable to sectoral asymmetries and differences in skill endowments. The results show that at least half of total household inequality in Mexico is...

1. Introduction. 2. Trading Mechanisms. 3. The Roll Model of Trade Prices. 4. Univariate Time-Series Analysis. 5. Sequential Trade Models. 6. Order Flow And The Probability of Informed Trading. 7. Strategic Trade Models. 8. A Generalized Roll Model. 9. Multivariate Linear Microstructure Models....

This paper proposes a generalized approach to the issue of decomposing inequality by population subgroups. This generalization uses the concept of Shapley value decomposition and takes into account the fact that either the between or the within groups inequality may be considered as residual...

There are two main dimensions in which the performance of a production unit can be assessed. The first is the dimension of time. The basic question here is: how is this or that production unit doing over time? Assessing a unit's performance over time is called monitoring. The second dimension is...