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...

This study examines the phenomenon of nonresponse in the first wave of a refresher sample (subsample H) of the German Socio-Economic Panel Study (SOEP). Our first step is to link additional (commercial) microgeographic data on the immediate neighborhoods of the households visited by...

Throughout adulthood and old age, levels of well-being appear to remain relatively stable. However, evidence is emerging that late in life well-being declines considerably. Using long-term longitudinal data of deceased participants in national samples from Germany, the UK, and the US, we examine...