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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...
Persistent link: https://www.econbiz.de/10005232187
We assess the monetary value of the noise damage, caused by aircraft noise nuisance around Amsterdam Airport, as the sum of hedonic house price differentials and a residual cost component. The residual costs are assessed from a survey, including an ordinal life satisfaction scale, on which...
Persistent link: https://www.econbiz.de/10005570641
Persistent link: https://www.econbiz.de/10011144471
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...
Persistent link: https://www.econbiz.de/10005072408
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...
Persistent link: https://www.econbiz.de/10005570907