Extreme value theory (EVT) is regularly put forward by academics, practitioners and banking regulators as a methodology for measuring the likelihood of operational risk losses that have a very low probability of occurrence, but which have the potential for catastrophic outcomes in terms of...

We estimate the public wage gap in France for the period 1990-2002, both at the mean andat different quantiles of the wage distribution, for men and women separately. We account forunobserved heterogeneity by using fixed effects estimations on panel data and, departingfrom usual practice, allow...