Wages and Employment in a Random Social Network with Arbitrary Degree Distribution.

Ioannides, Yannis Menelaos.

Soetevent, Adriaan R.

2006

Description
  • This paper shows analytically that workers who are better connected socially experience lower unemployment rates and receive higher wage rates in the average. It represents social connections in the labor market by a random graph, with nodes as individuals and edges as connections. The number of others each individual is connected with, the "degree," obeys an arbitrary probability distribution. In... read more
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  • Ioannides, Yannis M. and Adriaan R. Soetevent. 2006. "Wages and Employment in a Random Social Network with Arbitrary Degree Distribution." American Economic Review 96(2): 270-274. doi: 10.1257/000282806777212062.
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