Social interactions have important consequences for labour market outcomes. Yet the growing literature has relied on indirect definitions of networks. We present the first evidence based on direct information on friends' networks. We address issues of correlated effects with instrumental...

Social interactions have important consequences for labour market outcomes. Yet the growing literature has relied on indirect definitions of networks. We present the first evidence based on direct information on friends’ networks. We address issues of correlated effects with instrumental...

We provide new evidence about earnings and labour market volatility in Britain over the period 1992-2008, and for women as well as men. (Most research about volatility refers to earnings volatility for US men.) We show that earnings volatility declined slightly for both men and women over the...

We examine the determinants of low income transitions using first-order Markov models that control for initial conditions effects (those found to be poor in the base year may be a non-random sample) and for attrition (panel retention may also be non-random). Our econometric model is a form of...

This paper examines employment transitions among men and women in the UK aged between 50 and the state pension age. We begin by examining the issue of duration dependence, using standard duration models. We then use a fourth order Markov model to estimate quarterly transitions while allowing for...

We use survey data on cohorts of high school graduates observed before and after the Italian reform of tertiary education implementing the Bologna process to estimate the impact of the reform on the decision to go to college. We find that individuals leaving high school after the reform have a...

We model the dynamics of social assistance benefit receipt in Britain using data from the British Household Panel Survey, waves 1-15. First, we discuss definitions of social assistance benefit receipt, and present information about the trends between 1991 and 2005 in the receipt of social...

Deprivation scales derived from multiple, typically dichotomous, indicators, are widely used to monitor households standards of living, and to complement measures of living standards based on income. We use an item response modelling (IRM) framework to address several issues concerning the...