2015

A Dynamic Model of Weak and Strong Ties in the Labor Market

Särtryck nr 2015:53

Författare: Yves ZenouÅr: 2015 Publikation: Journal of Labor Economics Årgång (nr): 33 (4) Sidor: 891–932
Artikeln online (behörighet kan krävas)


The study develops a simple model where workers can obtain a job through either their strong or weak ties. It shows that increasing the time spent with weak ties raises the employment rate of workers. It also shows that when the job-destruction rate or the jobinformation rate increases, workers choose to relymore on their weak ties to find a job. The model is extended so unemployed workers can also learn of a vacancy directly froman employer. Results show that equilibrium employment and time spent with weak ties are sometimes, but not in all cases, positively related.


Referens:
Zenou, Yves (2015), "A Dynamic Model of Weak and Strong Ties in the Labor Market". Journal of Labor Economics 33(4), 891–932.

Aktuell forskare

Lars Calmfors

Forskningsområden: Arbetsmarknads- och makroekonomi.

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