In this paper we develop a business cycle measure that can be shown to have excellent ex-ante forecasting properties for GDP growth. For identifying business cycle movements, we use a semantic approach. We infer nine different states of the economy directly from firms' responses in business...

Die Weltgesundheitsorganisation (WHO) hat jüngst Richtlinien für Studien, die Basisdaten für gesundheitspolitische Entscheidungen im Pandemiefall liefern können, veröffentlicht. Durch die Zusammenarbeit zwischen unterschiedlichen Disziplinen kann es gelingen, evidenzbasierte Entscheidungen...

There are strong two-way links between parent and child happiness (life satisfaction), even for children who have grown up, moved to their own home and partnered themselves. German panel evidence shows that transmission of (un)happiness from parents to children is partly due to transmission of...