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November 1999 - Social capital raises productivity and falls with labor mobility. Because labor mobility generates a negative externality, integration of labor markets results in too much mobility, too low a level of social capital, and an ambiguous effect on welfare. Trade liberalization is...
Persistent link: https://www.econbiz.de/10010524616
Social capital raises productivity and falls with labor mobility. Because labor mobility generates a negative externality, integration of labor markets results in too much mobility, too low a level of social capital, and an ambiguous effect on welfare. Trade liberalization is superior to labor...
Persistent link: https://www.econbiz.de/10012749106
Persistent link: https://www.econbiz.de/10010202825
Persistent link: https://www.econbiz.de/10001926800
Persistent link: https://www.econbiz.de/10002239983
Labor market integration raises welfare in the absence of distortions. This paper examines labor and goods market integration in a general-equilibrium model with social capital. The findings are: (i) labor market integration has an ambiguous impact on welfare, and raises it if the goods and...
Persistent link: https://www.econbiz.de/10014069774
Labor market integration raises welfare in the absence of distortions. This paper examines labor and goods market integration in a general equilibrium model with social capital. The findings are: i) labor market integration has an ambiguous impact on welfare, and raises it if the goods produced...
Persistent link: https://www.econbiz.de/10014073888
Empirically identifying the causal effect of social networks on migrants' economic prospects is a challenging task due to the non-random residential sorting of migrants into locations with greater opportunities for (previous) connections. Our study addresses this selection-bias issue by using a...
Persistent link: https://www.econbiz.de/10012159529
Chapter 1. Introduction: Revisiting Networks: setting the conceptual and methodological scene -- Chapter 2. The direct and indirect role of migrants’ networks in accessing diverse labour market sectors: an analysis of the weak/ strong ties continuum -- Chapter 3. Are “weak ties” really...
Persistent link: https://www.econbiz.de/10013462881