We measure the impact of labor market referral networks defined by residential neighborhoods on re-employment following mass layoffs. Because networks can only be effective when hiring is occurring, we focus on a measure of the strength of the labor market network that includes not only the...

One definition of social capital is the "networks of relationships among people who live and work in a particular society, enabling that society to function effectively". This definition of social capital highlights two key features. First, it refers to connections between people, shifting our...