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 …

migrants form social links among them and the extent to which this network provides them with material support along three …

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 … for agents with lower linking costs or higher benefits to others. Furthermore, agents' types may be common knowledge or …

In this paper, we examine possible types of network formation among immigrants in the diaspora and between those … network structure on the country of origin, such as on international trade. We find that when the size of the diaspora is …