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Do Workers Really Benefit From Their Social Networks?

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dc.creator Fontaine, François
dc.date 2004
dc.date.accessioned 2013-10-16T07:11:00Z
dc.date.available 2013-10-16T07:11:00Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/20548
dc.identifier ppn:46023675X
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/20548
dc.description This paper provides a simple matching model in which unemployed workers and employers in large firms can be matched together through social networks or through more "formal" methods of search. We show that networks do not necessarily add new externalities and that some results previously obtained in the literature are questionable. Nevertheless, social networks can, in some case, substitute for labor market and this crowding-out effect may be socially costly. We show that a policy increasing the number of workers embedded in the social networks can increase the unemployment rate and decrease workers welfare. Since it is mostly the firms which benefit from larger social networks, transfers from the firms to the workers are necessary to make larger access to the social networks efficient.
dc.language eng
dc.publisher
dc.relation IZA Discussion paper series 1282
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject Z13
dc.subject J68
dc.subject E24
dc.subject J64
dc.subject ddc:330
dc.subject economic policy
dc.subject matching
dc.subject social networks
dc.subject unemployment
dc.subject Arbeitslosigkeit
dc.subject Arbeitsnachfrage
dc.subject Matching
dc.subject Soziales Netzwerk
dc.subject Crowding out
dc.subject Arbeitsmarkttheorie
dc.subject Theorie
dc.title Do Workers Really Benefit From Their Social Networks?
dc.type doc-type:workingPaper


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