Managerial Delegation under Alternative Unionization Structures

This paper studies the effects of managerial delegation in a duopoly game under alternative unionization structures. Introducing managerial delegation in a framework with centralized unionization leads to incentives for sales, lower profits and higher consumer surplus as well as overall welfare. In contrast, delegating output decisions to managers in the presence of decentralized unionization produces opposite results unless unions are strongly employment‐oriented. Moreover, managerial delegation makes unionization structure neutral in relation to consumer surplus and overall efficiency. Finally, the timing of moves in the three‐stage game proves to be important for obtaining the above qualitative results under decentralized unionization.     

Asymptotic Properties and Variance Estimators of the M-quantile Regression Coefficients Estimators

M-quantile regression is defined as a “quantile-like” generalization of robust regression based on influence functions. This article outlines asymptotic properties for the M-quantile regression coefficients estimators in the case of i.i.d. data with stochastic regressors, paying attention to adjustments due to the first-step scale estimation. A variance estimator of the M-quantile regression coefficients based on the sandwich approach is proposed. Empirical results show that this estimator appears to perform well under different simulated scenarios. The sandwich estimator is applied in the small area estimation context for the estimation of the mean squared error of an estimator for the small area means. The results obtained improve previous findings, especially in the case of heteroskedastic data.     

Confidence Intervals for Univariate Impulse Responses With a Near Unit Root

This article proposes a method for constructing confidence intervals for the impulse response function of a univariate time series with a near unit root. These confidence intervals control coverage, whereas the existing techniques can all have coverage far below the nominal level. I apply the proposed method to several measures of U.S. aggregate output.     

The Equivalence of Neyman Optimum Allocation for Sampling and Equal Proportions for Apportioning the U.S. House of Representatives

We present a surprising though obvious result that seems to have been unnoticed until now. In particular, we demonstrate the equivalence of two well-known problems—the optimal allocation of the fixed overall sample size n among L strata under stratified random sampling and the optimal allocation of the H = 435 seats among the 50 states for apportionment of the U.S. House of Representatives following each decennial census. In spite of the strong similarity manifest in the statements of the two problems, they have not been linked and they have well-known but different solutions; one solution is not explicitly exact (Neyman allocation), and the other (equal proportions) is exact. We give explicit exact solutions for both and note that the solutions are equivalent. In fact, we conclude by showing that both problems are special cases of a general problem. The result is significant for stratified random sampling in that it explicitly shows how to minimize sampling error when estimating a total T_Y while keeping the final overall sample size fixed at n; this is usually not the case in practice with Neyman allocation where the resulting final overall sample size might be near n + L after rounding. An example reveals that controlled rounding with Neyman allocation does not always lead to the optimum allocation, that is, an allocation that minimizes variance.     

Women migrants in the global economy: a global overview (and regional perspectives)

ABSTRACT

Huge advances have been made in deepening and expanding our knowledge of gendered migration over the last decades in both theoretical and methodological terms. Empirically it is, however, still the case that North–South migration is at the basis of most theorisations, leaving the characteristics of South–South migration at the margins. In this paper we, therefore, shift the focus to intra- and trans-regional migration in a South–South context in exploring what this means for women migrants. While feminist scholars have highlighted care and the ways in which migration challenges social reproduction as an important issue, mainstream approaches continue to focus predominantly on the ‘productive’ lives of migrant workers. With migration theories still largely drawing on the experience of South–North migration, there continues to be relatively little understanding of South–South migration’s gender dynamics, despite the fact that many of the highly feminised, yet hyper-precarious, migration flows occur intra-regionally.