Australia is experiencing its largest mining boom for more than a century and a half. This paper explores, from a national perspective, important economic differences that arise when a mining boom, such as the current one, is generated by export price increases (trading gains) rather than export...

In this paper we test the Rational Expectations hypothesis using longitudinal data on expectations and realizations of individual welfare for East Germans in the years following reunification. German reunification was unexpected and delivered a large shock to the future prospects of the...

We study the importance of childhood socioeconomic conditions in explaining differences in life expectancy using data from a sample of around 5,000 children collected in the UK in 1937-39, who have been traced through official death records up to 2005. We estimate a number of duration of life...

We study the importance of childhood socioeconomic conditions in explaining differences in life expectancy using data from a sample of around 5,000 children collected in the UK in 1937-39, who have been traced through official death records up to 2005. We estimate a number of duration of life...

We quantify the value of changes in life circumstances in Germany following reunification. To this end, we develop and implement a fixed-effect estimator for ordinal life satisfaction in the German Socio-Economic Panel. We find strong negative effects on life satisfaction from being recently...

In this paper we test the Rational Expectations hypothesis using longitudinal data on expectations and realizations of individual welfare for East Germans in the years following reunification. German reunification was unexpected and delivered a large shock to the future prospects of the...