We define the wage premium to supervision (WPS) as the extra wage that supervisors earn relative to their subordinates, and estimate it at different quantiles of wage distribution for 26 European economies, comparatively focusing on the UK. We find that, by compensating supervisory positions...

In an urban economy, the distribution of people and real estate prices depends on the location of the central business district of a city. As distance from the city centre increases, both prices and population density diminish, for travel costs increase in terms of time and money. As...