The author uses data from annual wage surveys conducted in 1994 and 1995 by Medical Economics Research Group to study differences in pay and productivity between male and female veterinarians in the wage-salary sector. The gender gap in average earnings was 15%. When controls for various...

I utilize a new data set on veterinarians to study differences in pay and productivity between men and women in the wage-salary sector. The gender gap in average earnings is 15 percent. After controlling for various observable characteristics, the earnings gap narrows to 10 percent, based on the...

The fees and expenses paid by mutual fund investors take multiple forms. Some charges are deducted from the fund’s value in clear view of the investor. For other charges the amount is disclosed yet they are deducted out of the investors’ sight. The magnitude of certain charges is essentially...

This chapter discusses the size and market concentration of the mutual fund industry, the market entry and exit of mutual funds, the benefits and costs of mutual fund size changes, principal benefits and costs of ownership from fund shareholders’ perspective, and mutual fund governance