The UK government is introducing new sets of indicators designed to measure the performance of universities. A first wave of indicators was published in December 1999. A performance indicator based on graduate employment outcomes will follow. This paper proposes a method for developing...

We show that the patterns of intergenerational earnings mobility in Denmark, Finland and Norway, unlike those for the US and the UK, are highly nonlinear. The Nordic relationship between log earnings of sons and fathers is flat in the lower segments of the fathers' earnings distribution - sons...

The author characterizes a full set of possible international trade regimes for different combinations of wages in a two-country model of oligopoly with a homogeneous product. He shows that the nature of any equilibrium trade will be either interindustry (one-way) or intraindustry (two-way)...

This article introduces a new source of survey data, namely the Bank of England Survey of External Forecasters. The survey collects point and density forecasts of inflation and GDP growth and, hence, offers the opportunity of constructing direct measures of uncertainty. We present a simple...