Showing 1 - 10 of 39
network formation. While the physics/applied mathematics approach is capable of reproducing most observed networks, it does … results with those obtained in sociology. -- Random graph ; game theory ; centrality measures ; network formation ; weak and …
Persistent link: https://www.econbiz.de/10003925546
When workers send applications to vacancies they create a network. Frictions arise because workers typically do not … friction affects network formation, while the second coordination friction affects network clearing. We show that those … that can arise and the number of matches on a given network. Equilibria that exhibit wage dispersion are inefficient in …
Persistent link: https://www.econbiz.de/10009310818
We explore network effects on generosity for different network dimensions. To this end we elicit multiple network … matters for friendship ties but that structural network variables are important in all network dimensions. Importantly, these … effects are not invariant across different network dimensions. We also find that individual characteristics are unrelated with …
Persistent link: https://www.econbiz.de/10009312929
This paper reports the results of a laboratory experiment on network formation among heterogeneous agents. The … experimental design extends the basic Bala-Goyal (2000) model of network formation with decay and two-way flow of benefits by … network has a "star" structure. We find that with homogeneous agents, equilibrium predictions fail completely. In contrast …
Persistent link: https://www.econbiz.de/10003115141
We develop and estimate a theory-consistent gravity model for interregional migration flows in the presence of unemployment. Micro-founded in a setting where search friction regulates labor market transitions, we derive a migration gravity equation for bilateral mobility that embodies a...
Persistent link: https://www.econbiz.de/10013471455
occurred in the case of the Eastern Enlargement of the EU and has involved significant diversion of migration from more … migration, namely i) restricting access to welfare and ii) adopting an EU-wide migration policy. -- migration ; enlargement …
Persistent link: https://www.econbiz.de/10002815382
police reported accidents in a generalized difference-in-differences approach, we find that SLMO reduce traffic accidents and …
Persistent link: https://www.econbiz.de/10012151780
Persistent link: https://www.econbiz.de/10001937675
This paper investigates the role that idiosyncratic uncertainty plays in shaping social preferences over the degree of labor market flexibility, in a general equilibrium model of dynamic labor demand where the productivity of firms evolves over time as a Geometric Brownian motion. A key result...
Persistent link: https://www.econbiz.de/10003719624
We propose and estimate a model where unemployment fluctuations result from self-fulfilling changes in expected inflation (sunspot shocks) affecting nominal wage bargaining. Since the estimated parameters fall near the locus of Hopf bifurcations, country-specific expected inflation shocks can...
Persistent link: https://www.econbiz.de/10003879337