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• W1983167887 abstract "About half of all vacancies are filled through networks of personal contact. We consider the Arrow–Loury conjecture that such labor market networks exacerbate inequality. Our central result is that referral networks display threshold behavior. Above a critical density of referrals, qualified workers at all levels of the network are recruited with probability one. Below the threshold, the probability of referral falls exponentially and workers low in the hierarchy are hired with probability zero: an underclass emerges." @default.
• W1983167887 created "2016-06-24" @default.
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• W1983167887 date "2003-03-01" @default.
• W1983167887 modified "2023-10-13" @default.
• W1983167887 title "Social networks and inequality" @default.
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• W1983167887 doi "https://doi.org/10.1016/s0094-1190(02)00513-2" @default.
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