Job matching, social network and word-of-mouth communication

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Job Matching , Social Network and Word - of - Mouth Communication ∗

Workers are embedded within a network of social relationships and can communicate through word-of-mouth. They can Þnd a job through either formal agencies or personal contacts. From this micro scenario, we derive an aggregate matching function that has the standard properties but fails to be homogeneous of degree one. Search frictions arise endogenously because of coordination failures between ...

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ژورنال

عنوان ژورنال: Journal of Urban Economics

سال: 2005

ISSN: 0094-1190

DOI: 10.1016/j.jue.2005.01.001