People I Know: Job Search and Social Networks

• 成果类型: Article
• 署名作者: Cingano, Federico; Rosolia, Alfonso
• 刊物名称: JOURNAL OF LABOR ECONOMICS
• ISSN/ISSBN: 0734-306X
• DOI: 10.1086/663357
• 发表日期: 2012
• 页码: 291-332
• 关键词: labor; identification; neighborhoods; INFORMATION; incentives; decisions; ECONOMICS; earnings; contacts; outcomes

摘要

We assess the strength of information spillovers relating unemployment duration of workers displaced by firm closures to their former colleagues' current employment status. Displaced-specific networks are recovered from a 20-year panel of matched employer-employee data. Spillovers are identified by comparing performances of codisplaced workers. A one-standard-deviation increase in the network employment rate reduces unemployment duration by about 8%; the effect is magnified if contacts recently searched for a job and if their current employer is spatially and technologically closer to the displaced worker; stronger ties and lower competition for information favor reemployment. Several indirect tests exclude other interaction mechanisms.