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 …

When workers send applications to vacancies they create a network. Frictions arise if workers do not know where other … workers apply to (this affects network creation) and firms do not know which candidates other firms consider (this affects … network clearing). We show that those frictions and the wage mechanism are in general not independent. Equilibria that exhibit …

unique social network survey in Ethiopia, we find that a randomized job-search assistance intervention reduces information …

-skill jobs, coworkers who worked in the same narrow occupation as the displaced worker are the most useful network contacts. For … workers in high-skill jobs, coworkers from different occupations are the most useful network contacts. …

We introduce an irregular network structure into a model of frictional, on-the-job search in which workers find jobs … through their network connections or directly from firms. We show that jobs found through network search have wages that …'s position within the network leads to heterogeneity in wage and employment dynamics: better connected workers climb the job …

informal network. The model predicts that a greater degree of unobserved heterogeneity tilts the estimates toward producing a …