In a non-stationary job search model we allow unemployed workers to have a permanent option to leave the labour force. Transitions into nonparticipation occur when reservation wages drop below the utility of being nonparticipant. Taking account of these transitions allows the identification of...

Psychologists and sociologists usually interpret happiness scores as cardinal and comparable across respondents, and thus run OLS regressions on happiness and changes in happiness. Economists usually assume only ordinality and have mainly used ordered latent response models, thereby not taking...

A major issue in the immigration debate concerns whether immigrants take jobs away from natives. In this article, we present new evidence on the job search methods used by immigrants, and their relative success in gaining employment, in the UK. We find that: (1) immigrant job search is less...