Wage Dispersion and Efficiency. It is often assumed that markets generate efficient allocations, but these are not necessarily fair. The widening of wage differentials that is currently observed is interpreted in this manner: Skill-biased technological progress increases demand for skilled work...

Wage Dispersion and Efficiency. It is often assumed that markets generate efficient allocations, but these are not necessarily fair. The widening of wage differentials that is currently observed is interpreted in this manner: Skill-biased technological progress increases demand for skilled work...

Die vorliegende Studie untersucht, inwiefern die UEFA Champions League den Marktwert eines teilnehmenden Fußball-Bundesligateams und das (Transfer-)Verhalten der beteiligten Vereinsverantwortlichen beeinflusst. Ziel ist dabei, die Erkenntnisse aus einer vom Autor zuvor durchgeführten,...