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- W2018409621 abstract "This study makes three critical contributions to the Do Contacts Matter? debate. First, the widely reported null relationship between informal job searching and wages is shown to be mostly the artifact of a coding error and sample selection restrictions. Second, previous analyses examined only active informal job searching without fully considering the benefits derived from unsolicited network assistance (the invisible hand of social capital) - thereby underestimating the network effect. Third, wage returns to networks are examined across the earnings distribution. Longitudinal data from the NLSY reveal significant wage returns for network-based job finding over formal job searching, especially for individuals who were informally recruited into their jobs (non-searchers). Fixed effects quantile regression analyses show that contacts generate wage premiums among middle and high wage jobs, but not low wage jobs. These findings challenge conventional wisdom on contact effects and advance understanding of how social networks affect wage attainment and inequality." @default.
- W2018409621 created "2016-06-24" @default.
- W2018409621 creator A5065928200 @default.
- W2018409621 date "2015-01-01" @default.
- W2018409621 modified "2023-10-01" @default.
- W2018409621 title "Network effects across the earnings distribution: Payoffs to visible and invisible job finding assistance" @default.
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- W2018409621 doi "https://doi.org/10.1016/j.ssresearch.2014.08.016" @default.
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