Earlier studies on entrepreneurship and self-employment among immigrants call attention to the fact that also the "market" for self-employment or entrepreneurs consists of a supply and demand side as well as the interaction between these two. More recent research suggests that a mix of personal...

Surveying the forecasting practice of several central banks, we find that all these banks issue statements about risks to their macroeconomic forecasts. Often the balance of these risks is assessed as well. Upward [downward] risks to the forecast commonly imply that the outturn is expected to...

GDP growth is often measured poorly for countries and rarely measured at all for cities. We propose a readily available proxy: satellite data on lights at night. Our statistical framework uses light growth to supplement existing income growth measures. The framework is applied to countries with...