In a matching model of the academic labour market, with outside and inside workers, this paper shows that outsiders are harmed by the insiders. This is due on two types of search frictions: information and cooptation. Each frictions reduce the probability to get an academic job for outsiders...

In a matching model of the academic labour market, with high-skilled (brain) and low-skilled (local) workers, this paper shows that brain workers are harmed by the local. This depends on two types of search frictions: information and cooptation frictions. Search frictions reduce the probability...