In repeated games with di®erential information on one side, the labelling \general case" refers to games in which the action of the informed player is not known to the uninformed, who can only observe a signal which is the random outcome of his and his opponent's action. Here we consider the problem of minimizing regret (in the sense ̄rst formulated by Hannan [8]) when the information available...

The assessment and alleviation of poverty remains an urgent question throughout the globe. Urban poverty, in particular is becoming more prevalent in China due to immense migration in recent years. To what extent is migration related to poverty, and do the factors that drag households into poverty differ between migrants and non-migrants? Do migrants face income discrimination resulting in pove...

Socio-Economic Segregation in European Capital Cities: Increasing Separation between Poor and Rich* Socio-economic inequality is on the rise in major European cities as are the worries about that, since this development is seen as threatening social cohesion and stability. Surprisingly, relatively little is known about the spatial dimensions of rising socioeconomic inequality. This paper builds...

School Attendance of Children and the Work of Mothers: A Joint Multilevel Model for India This paper investigates the determinants of school attendance of children and their mother’s working status when the mother decides how to allocate her time and that of her children. A multilevel random effects model is applied to study the mother’s participation and the schooling status of her children in...

A central theme of China’s 11 Five Year Plan (2006-2010) is the building of a “new socialist countryside.” Over recent years, reforming rural finance and improving access to credit by small businesses and farmers has figured increasingly prominently in the leadership’s proclamations of support to rural economic development. While hundreds of pilot innovations in small-scale finance have been pu...

Cultural Diversity and Entrepreneurship: A Regional Analysis for Germany* In this paper we investigate the determinants of entrepreneurial activity in a cross section of German regions for the period 1998-2005. Departing from the knowledge spillover theory of entrepreneurship, the focus of our analysis is on the role of the regional environment and, in particular, knowledge and cultural diversi...

Advanced economies undergo three transitions during their development: 1. They transition from a rural to an urban economy. 2. They transition from low income growth to high income growth. 3. Their demographics transition from initially high fertility and mortality rates to low modern levels. The timings of these transitions are correlated in the historical development of most advanced economie...