Wage Dynamics and Peer Referrals

Vincent Boucher and Marion Goussé

Cahiers de recherche from CIRPEE

Abstract: We present a flexible model of wage dynamics where information about job openings is transmitted through social networks. The model is based on Calvó-Armengol & Jackson (2004, 2007) and extends their results outside the stationary distribution, and under observed and unobserved heterogeneity. We present an empirical application using the British Household Panel Survey by exploiting direct information about individual’s social networks. We find that the distribution of job offers is positively affected by the employment status of an individual’s friends, and that this relationship is stronger for women.

Keywords: Labour Market; Peer Referrals; Social Networks (search for similar items in EconPapers)
JEL-codes: C33 J31 J46 (search for similar items in EconPapers)
Date: 2015
New Economics Papers: this item is included in nep-soc and nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Related works:
Journal Article: Wage Dynamics and Peer Referrals (2019)
Working Paper: Wage Dynamics and Peer Referrals (2016)
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Persistent link: https://EconPapers.repec.org/RePEc:lvl:lacicr:1514

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