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regional unemployment rates. While employed men suffer from regional unemployment, unemployed men are significantly less … negatively affected. This is consistent with a social-norm effect of unemployment in Germany. We find no evidence of such an …
Persistent link: https://www.econbiz.de/10014213442
This paper is concerned with social interactions and their importance for unemployment. A theoretical model is … specified in which the social and psychological costs of unemployment depend upon the unemployment level. The theoretical … analysis reveals social multiplier effects, and shows that multiple unemployment equilibria may emerge. Data on all 20- to 24 …
Persistent link: https://www.econbiz.de/10014075459
that reason, a policy increasing the social capital of the disadvantaged workers can increase the unemployment rate and …
Persistent link: https://www.econbiz.de/10008505525
the number of workers embedded in the social networks can increase the unemployment rate and decrease workers welfare …
Persistent link: https://www.econbiz.de/10005510640
disadvantaged workers can increase the unemployment rate and decrease workers? output. JEL Classification: E24, J64, J68, Z13. …
Persistent link: https://www.econbiz.de/10005560133
increasing the number of workers embedded in the social networks can increase the unemployment rate and decrease workers welfare …
Persistent link: https://www.econbiz.de/10005566629
Social interactions arguably provide a rationale for several important phenomena, from smoking and other risky behavior in teens to e.g., peer effects in school performance. We study social interactions in dynamic economies. For these economies, we provide existence (Markov Perfect Equilibrium...
Persistent link: https://www.econbiz.de/10010933671
This paper proposes a new formulation of the theory of social norms. The theoretical model explores the interrelation between individuals' income, time-use and consumption decisions on the one hand, and the determinants of their decision to conform or not to social norms on the other. It is...
Persistent link: https://www.econbiz.de/10010643644
This paper offers an overview of the main literature on social capital in the light of Paldam’s (2000) “social capital dream”. Its main contributions can be summed as follows. Firstly, It develops an encompassing definition of social capital built on social interactions, social norms and...
Persistent link: https://www.econbiz.de/10005837391
This paper is a critical introduction to the new wave of economic literature on the effect of social interactions on individual behavior and aggregate economic outcomes. I refer to this research program, also known as new social economics, as the socioeconomic analysis of behavior, to...
Persistent link: https://www.econbiz.de/10005766539