a unique value of network homophily maximizing the present value of income. Therefore, there is a gain for risk …-neutral workers if their network is diversified between the two occupations. The reason for diversification is that the present value … income as in standard portfolio theory which is driving the decision of workers. Nevertheless, the optimal diversification …

a unique value of network homophily maximizing the present value of income. Therefore, there is a gain for risk …-neutral workers if their network is diversified between the two occupations. The reason for diversification is that the present value … income as in standard portfolio theory which is driving the decision of workers. Nevertheless, the optimal diversification …

This paper is devoted to the study of diversification and specialization influence on one of the main indicators of … were empirically tested: 1) the dependence of the unemployment rate on the degree of concentration or diversification is … concentration or diversification on the level of unemployment depends on the time period. To test these hypotheses nonparametric …

This paper is devoted to the study of diversification and specialization influence on one of the main indicators of … were empirically tested: 1) the dependence of the unemployment rate on the degree of concentration or diversification is … concentration or diversification on the level of unemployment depends on the time period. To test these hypotheses nonparametric …

conducive to low-wage workers moving to betterpaid jobs, hence facilitating labour market upgrading through diversification …

does not necessarily raise measured productivity because product diversification reallocates resources into fixed inputs …

, internal labor markets provide a bright side to corporate diversification …