Calvó-Armengol, Antoni; Zenou, Yves - Institute for the Study of Labor (IZA) - 2003
Workers are embedded within a network of social relationships and can communicate through word-of-mouth. They can find …. We show that, when the network size increases, on average, the unemployed workers hear about more vacancies through their … social network but, at the same time, it is more likely that multiple vacancies reach the same unemployed worker. Above a …