This paper explores the impact of undocumented as opposed to documented immigration in a model featuring search frictions and non-random hiring that is consistent with novel empirical evidence presented. In this framework, undocumented immigrants' wages are the lowest of all workers due to their...

Ensuring the set of rights and freedoms that are part of the Treaty of Accession to the European Union (EU) seems to be a double-edged sword. If in 2000s, these rights and freedoms were the main catalyst for accession to the European common market, currently these rights are generating...

We study the labour market impact of a major shock of return migration, following the end of the Portuguese Colonial War in 1974. The retornados influx is unique because of its size (half a million people in a country of nine million), and similarity with the native population (almost 80% of the...