How do social networks contribute to wage inequality? Insights from an agent-based analysis

Herbert Dawid and Simon Gemkow

Industrial and Corporate Change, 2014, vol. 23, issue 5, 1171-1200

Abstract: Based on a closed agent-based macroeconomic simulation model (Eurace@Unibi), this article analyzes whether the density of social networks influences via referrals the residual wage inequality in different skill groups. It is shown that an increase in network density leads to a polarization of firms and a concentration of workers with high specific skills at firms with high productivities (and wages) thereby enlarging within group wage inequality, but not between group wage inequality.

Date: 2014
References: Add references at CitEc
Citations: View citations in EconPapers (9)

Downloads: (external link)
http://hdl.handle.net/10.1093/icc/dtt049 (application/pdf)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:oup:indcch:v:23:y:2014:i:5:p:1171-1200.

Ordering information: This journal article can be ordered from
https://academic.oup.com/journals

Access Statistics for this article

Industrial and Corporate Change is currently edited by Josef Chytry

More articles in Industrial and Corporate Change from Oxford University Press and the Associazione ICC Oxford University Press, Great Clarendon Street, Oxford OX2 6DP, UK.
Bibliographic data for series maintained by Oxford University Press ().