Stratification, social networks in the labour market, and intergenerational mobility
Abstract: "This paper uses a model of human capital accumulation, labour market distortions, word-of-mouth communication, and community formation to analyse socio-economic stratification, educational choices and intergenerational social mobility. Workers obtain information about job opportunities from individuals in their local environment, implying that the social environment partly determines the expected returns to education. Stratified equilibria, when they exist, are characterised by low intergenerational social mobility and inefficient use of talent. The equilibrium responses to factors that generally encourage education may, in stratified outcomes, be highly asymmetric across socio-economic groups." (author's abstract)
- Alternative title
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Stratifikation, soziale Netzwerke im Arbeitsmarkt und intergenerationale Mobilität
- Location
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Deutsche Nationalbibliothek Frankfurt am Main
- Extent
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Online-Ressource, 33 S.
- Language
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Englisch
- Notes
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Veröffentlichungsversion
- Bibliographic citation
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Discussion Papers / Wissenschaftszentrum Berlin für Sozialforschung, Forschungsschwerpunkt Märkte und Politik, Abteilung Marktprozesse und Steuerung ; Bd. 2003-20
- Classification
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Wirtschaft
- Event
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Veröffentlichung
- (where)
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Berlin
- (when)
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2003
- Creator
- Contributor
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Wissenschaftszentrum Berlin für Sozialforschung gGmbH
- URN
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urn:nbn:de:0168-ssoar-112059
- Rights
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Open Access unbekannt; Open Access; Der Zugriff auf das Objekt ist unbeschränkt möglich.
- Last update
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25.03.2025, 1:41 PM CET
Data provider
Deutsche Nationalbibliothek. If you have any questions about the object, please contact the data provider.
Associated
- Anderberg, Dan
- Andersson, Fredrik
- Wissenschaftszentrum Berlin für Sozialforschung gGmbH
Time of origin
- 2003