Stratification, social networks in the labour market, and intergenerational mobility

Arbeitspapier

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.

Object Details

• Alternative title: Stratifikation, soziale Netzwerke im Arbeitsmarkt und intergenerationale Mobilität
• Language: Englisch

References and Relationships

• Bibliographic citation: Series: WZB Discussion Paper ; No. SP II 2003-20

Classification and Topics

• Classification: Wirtschaft

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Anderberg, Dan ; Andersson, Fredrik
• Event: Veröffentlichung
• (who): Wissenschaftszentrum Berlin für Sozialforschung (WZB)
• (where): Berlin
• (when): 2003

Further information

• Handle: http://hdl.handle.net/10419/51098
• Last update: 10.03.2025, 11:45 AM CET