Showing 1 - 10 of 1,590
. This study shows that as the fraction of ties connecting similar agents (homophily) increases, the level of mismatch …
Persistent link: https://www.econbiz.de/10011048206
Persistent link: https://www.econbiz.de/10012129606
This paper develops a labour market matching model with heterogeneous firms, on-thejob search and referrals. Social capital is endogenous, so that better connected workers bargain higher wages for a given level of productivity. This is a positive effect of referrals on reservation wages. At the...
Persistent link: https://www.econbiz.de/10010340568
Persistent link: https://www.econbiz.de/10010500971
Persistent link: https://www.econbiz.de/10009724344
Persistent link: https://www.econbiz.de/10013367586
The paper studies the impact of homophily on the optimal strategies of a monopolist, whose marketing campaign of new … product relies on a word of mouth communication. Homophily is a tendency of people to interact more with those who are similar … a number of results: (i) for low levels of homophily the product attractive to both types of consumers is preferred to …
Persistent link: https://www.econbiz.de/10010272373
Can outside interventions foster socio-culturally diverse friendships? We executed a large field experiment that randomized the seating charts of 182 primary-school classrooms (N=2,996 students) for the duration of one semester. We found that being seated next to each other increased the...
Persistent link: https://www.econbiz.de/10012604924
What are the aggregate and distributional consequences of the relationship between an individual's social network and financial decisions? Motivated by several well-documented facts about the influence of social connections on financial decisions, we build and calibrate a model of stock market...
Persistent link: https://www.econbiz.de/10014515204
We survey the literature on the economic consequences of the structure of social networks. We develop a taxonomy of "macro" and "micro" characteristics of social interaction networks and discuss both the theoretical and empirical findings concerning the role of those characteristics in...
Persistent link: https://www.econbiz.de/10011794582