Show Summary Details

Page of

PRINTED FROM OXFORD HANDBOOKS ONLINE (www.oxfordhandbooks.com). © Oxford University Press, 2018. All Rights Reserved. Under the terms of the licence agreement, an individual user may print out a PDF of a single chapter of a title in Oxford Handbooks Online for personal use (for details see Privacy Policy and Legal Notice).

date: 16 October 2019

Abstract and Keywords

This chapter provides an overview of the role of social networks in the labor market. Both workers and firms report widespread use of social contacts in labor market search. The objective of the chapter is to survey various models for why firms and workers use social contacts, with a focus on empirical predictions. The main explanations explored include: search costs, imperfect information about worker productivity or match quality, and peer effects. The chapter then turns to summarizing the empirical evidence related to the existing theoretical predictions. The chapter concludes by highlighting holes in the existing literature and the need for additional empirical and theoretical work.

Keywords: social networks, labor market, referrals, job search

Access to the complete content on Oxford Handbooks Online requires a subscription or purchase. Public users are able to search the site and view the abstracts and keywords for each book and chapter without a subscription.

Please subscribe or login to access full text content.

If you have purchased a print title that contains an access token, please see the token for information about how to register your code.

For questions on access or troubleshooting, please check our FAQs, and if you can''t find the answer there, please contact us.