Showing 1 - 10 of 594
a unique value of network homophily maximizing the present value of income. Therefore, there is a gain for risk …-neutral workers if their network is diversified between the two occupations. The reason for diversification is that the present value … income as in standard portfolio theory which is driving the decision of workers. Nevertheless, the optimal diversification …
Persistent link: https://www.econbiz.de/10011373259
professional homophily in the link formation. Our model predicts that immigrant workers face stronger risk of unemployment and …
Persistent link: https://www.econbiz.de/10012007171
professional homophily in the link formation. Our model predicts that immigrant workers face stronger risk of unemployment and …
Persistent link: https://www.econbiz.de/10012009893
This paper develops a search model with heterogeneous workers and social networks. High ability workers are more productive and have a larger number of professional contacts. Firms have a choice between a high cost vacancy in the regular labour market and a low cost job opening in the referral...
Persistent link: https://www.econbiz.de/10010202193
Empirical studies of labor markets show that social contacts are an important source of job-related information [Ioannides and Loury (2004)]. At the same time, wage differences among workers may be explained only in part by differences in individual background characteristics. Such findings...
Persistent link: https://www.econbiz.de/10011348716
The paper explores the employment implications of allowing people the opportunity of using a portion of their incapacity benefits to provide employment vouchers for employers that hire them. The analysis indicates that introducing this policy could increase employment, raise the incomes of...
Persistent link: https://www.econbiz.de/10011412088
This paper is concerned with the labor market experience of Swedish youths during the 1980s and the 1990s. The first objective is to portray early economic attainment among young Swedes. The second objective of the paper is to examine the impact of labor market programs on youth employment. We...
Persistent link: https://www.econbiz.de/10011588179
Persistent link: https://www.econbiz.de/10011473519
Persistent link: https://www.econbiz.de/10011756735
We develop and estimate an equilibrium model of study time choices of students on a social network. We examine how network structure interacts with student characteristics to affect academic achievement. Due to data limitations, few papers examine the mechanisms through which peer effects...
Persistent link: https://www.econbiz.de/10010518748