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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP4511 |
DP4511 Performance Pay and Adverse Selection | |
Espen R. Moen; Åsa Rosén | |
发表日期 | 2004-08-23 |
出版年 | 2004 |
语种 | 英语 |
摘要 | We study the influence of social networks on labour market transitions. We develop the first model where social ties and job status co-evolve through time. Our key assumption is that the probability of formation of a new tie is greater between two employed individuals than between an employed and an unemployed individual. We show that this assumption generates negative duration dependence of exit rates from unemployment. Our model has a number of novel testable implications. For instance, we show that a higher connectivity among unemployed individuals reduces duration dependence and that exit rates depend positively on the duration of the last job held by the unemployed worker. |
主题 | International Macroeconomics ; Labour Economics |
关键词 | Unemployment Social Networks Economic inbreeding Social capital Duration dependence |
URL | https://cepr.org/publications/dp4511 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/533456 |
推荐引用方式 GB/T 7714 | Espen R. Moen,Åsa Rosén. DP4511 Performance Pay and Adverse Selection. 2004. |
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