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Wage Dispersion and Efficiency. It is often assumed that markets generate efficient allocations, but these are not … compensating differentials will increase both efficiency and fairness, quite in line with the classical position taken by Adam …
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there is a tradeoff as to efficiency and inequality with respect to services that are contracted to private companies in a …
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function with a timevariable stochastic efficiency term we show that positive scale and scope effects from a merger arise only … efficiency as the acquiring firms. For the post-merger phase, our empirical results provide no evidence for efficiency gains from …
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This paper investigates the size-efficiency relation of European cooperative banks during the 2006-2015 period. We … cooperative banks from 12 European countries. This work extends the existing literature by focusing on shape of size-efficiency … European cooperative banks are significantly more cost efficient than their bigger peers and that the size-efficiency relation …
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