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This study develops the theory and an in‐depth longitudinal study of the role of residual grievance activity as a suggested proxy for managerial monitoring within the context of manufacturing production. In the empirical section, we test the theory and practice within the firm for the optimal level of monitoring/grievances in an establishment with monthly data over a ten‐year period. We find that production‐related residual grievances could indicate increased managerial monitoring of a kind that has a positive impact on productivity.

We demonstrate a multidimensional approach for combining several indicators of well-being, including the traditional money-income indicators. This methodology avoids the difficult and much criticized task of computing imputed incomes for such indicators as net worth and schooling. Inequality in the proposed composite measures is computed using relative inequality indexes that permit simple analysis of both the contribution of each welfare indicator (and its factor components) and within and between components of total inequality when the population is grouped by income levels, age, gender, or any other criteria. The analysis is performed on U.S. data using the Michigan Survey oi Income Dynamics.