A Note on Symmetry in Job Contact Networks

Andrea Lavezzi and Nicola Meccheri ()

Chapter 11 in Artificial Markets Modeling, 2007, pp 157-169 from Springer

Abstract: Abstract Since the seminal work of Granovetter (1995), the sociological literature highlighted the importance of social relationships, like friends, relatives and acquaintances, as sources of information on jobs in labor markets. Such importance is also confirmed by a number of empirical studies.3 More recently, economists have devoted considerable attention to this topic,4 so that the study of individual and aggregate economic outcomes produced by the presence of social relationships in labor markets is becoming a fruitful research area in economics.

Keywords: Labor Market; Average Wage; Wage Inequality; Structural Hole; Aggregate Output (search for similar items in EconPapers)
Date: 2007
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DOI: 10.1007/978-3-540-73135-1_11

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