Existing empirical evidence suggests that the effects of Vietnam veteran status on earnings in the decade-and-a-half following service may be concentrated in the lower tail of the earnings distribution. Motivated by this evidence, we develop a formal statistical procedure that is specifically...

For at least a century academics and governmental researchers have been developing measures that would aid them in understanding income distributions, their differences with respect to geographic regions, and changes over time periods. It is a challenging area due to a number of reasons, one of...

Since the pioneering work of Gerhard Grüss dating back to 1935, Grüss’s inequality and, more generally, Grüss-type bounds for covariances have fascinated researchers and found numerous applications in areas such as economics, insurance, reliability, and, more generally, decision making...