We compare patterns of movements into and out of poverty by children in Britain and Germany using data from the British Household Panel Survey and the German Socio-Economic Panel for the period 1992-7. Compared to Germany, in Britain poverty persistence is greater, and poverty exit rates in...

The concept of competitive balance is a central aspect in the literature of sports economics. A popular argumentation of sport functionaries is that dominance of one or a few teams could lead to unequal incomes for the clubs, restrictions in the clubs' ability to improve sporting performance and...

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...