Conventional models of earnings assume that the occupational pay structure reflects the distribution of marginal productivities. Although ubiquitious in the literature, the underlying hypothesis that wages equal marginal products rests on weak empirical footing: extant studies from the 1970s...

This paper analyses the adjustment mechanism in the euro area prior to the crisis. Results show that the real exchange rate adjusted to redress cyclical divergences and that after monetary unification, real exchange rate dynamics became less reactive to country-specific shocks but also less...

Background: OptiScanner devices, continuous glucose monitoring devices that perform automated blood draws via a central venous catheter and create plasma through centrifugation, measure plasma glucose levels through mid-infrared spectroscopy at the bedside. The objective of this study was to...