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This paper incorporates job search through personal contacts into an equilibrium matching model with a segregated labor market. Firms can post wage offers in the regular job market, alternatively they can save on advertising costs and rely on word-of-mouth communication. Wages are then...
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The paper provides an overview of existing knowledge regarding the role played by social networks in the process where … young workers are matched to employing firms. We discuss standard theories of why social networks may be an important … element in the job-matching process and survey the empirical literature on labor market networks with an emphasis on studies …
Persistent link: https://www.econbiz.de/10011123570
Effects of localized personal networks on the choice of search methods are studied in this paper using evidence of … personal networks do not play an important role in the probability of unemployed job-seekers seeking assistance from friends …
Persistent link: https://www.econbiz.de/10005222476
The paper studies how social job finding networks affect firms' selection of employees and the setting of entry wages … know others with high unobserved productivity. Empirically, we identify the networks through coworker links within a rich … starting wages of linked entrants, suggesting that firms use the ability-density of social networks when setting entry wages …
Persistent link: https://www.econbiz.de/10010674218
The paper studies how social job finding networks affect firms' selection of employees and the setting of entry wages … know others with high unobserved productivity. Empirically, we identify the networks through coworker links within a rich … starting wages of linked entrants, suggesting that firms use the ability-density of social networks when setting entry wages …
Persistent link: https://www.econbiz.de/10010321120
The paper provides an overview of existing knowledge regarding the role played by social networks in the process where … young workers are matched to employing firms. We discuss standard theories of why social networks may be an important … element in the job-matching process and survey the empirical literature on labor market networks with an emphasis on studies …
Persistent link: https://www.econbiz.de/10010193230
The paper studies how social job finding networks affect firms' selection of employees and the setting of entry wages … know others with high unobserved productivity. Empirically, we identify the networks through coworker links within a rich … starting wages of linked entrants, suggesting that firms use the ability-density of social networks when setting entry wages …
Persistent link: https://www.econbiz.de/10009764581