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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/10013121924
embedded in a family network. Eligible but isolated households do not respond. The mechanism through which the extended family … influences household schooling choices is the redistribution of resources within the family network from eligibles that receive …
Persistent link: https://www.econbiz.de/10013155164
network structure and we examine equilibrium selection. Specifically, actions are either strategic substitutes or strategic … complements, and participants have either complete or incomplete information about the structure of a random network. Since … for reduced exposure to loss, and 2) uncertainty about the network structure makes it considerably more difficult to …
Persistent link: https://www.econbiz.de/10013055226
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/10014240357
Social networks are known to influence migration decisions, but connections between individuals can hardly be observed. We rely on individual-level surveys conducted by Gallup in 147 countries that provide information on migration intentions and on the existence of distance-one connections for...
Persistent link: https://www.econbiz.de/10012982972
We explore the relationship between collaborations in writing papers and the academic productivity of economists and, particularly, we describe the magnitude and intensity of co-authorship among economists. To that end, we employ interaction maps from Complex Systems methods to study the global...
Persistent link: https://www.econbiz.de/10012987686
Although the linear-in-means model is the workhorse model in empirical work on peer effects, its theoretical properties are understudied. In this study, we develop a social-norm model that provides a microfoundation of the linear-in-means model and investigate its properties. We show that...
Persistent link: https://www.econbiz.de/10012859300
are estimated to control for the endogeneity of education and migrant network variables. Correlation of unobservables …
Persistent link: https://www.econbiz.de/10013316639
This paper reports results from a laboratory experiment on network formation among heterogeneous agents. The … experimental design extends the Bala-Goyal (2000) model of network formation with decay and two-way flow of benefits by allowing … private information. In all treatments, the (efficient) equilibrium network has a "star" structure. With homogeneous agents …
Persistent link: https://www.econbiz.de/10013318256
criminal from each network that reduces total crime by the largest amount.Using longitudinal data, we are able to compare the … criminals or targeting criminals who have the highest betweenness or eigenvector centrality in the network. This indicates that …
Persistent link: https://www.econbiz.de/10013057053