The protection of biodiversity has become a major concern worldwide. Using multinational panel data covering 15 OECD economies and the sample period 1994 to 2014, this study analyzes the extent to which national expenditures on biodiversity are affected by the consequences of economic crises and...

Differences between informative upper and lower quantiles of the wage distribution have become standard measures of wage inequality. Such realized measures of inequality are based on the implicit assumption that the underlying quantiles are deterministic. In this study we relax this assumption...