Referral-based Job Search Networks
Abstract
This paper develops a model and derives novel testable implications of referral-based job search networks in which employees provide employers with information about potential job market candidates that they otherwise would not have. Using unique matched employeremployee data that cover the entire workforce in one large metropolitan labor market over a 20 year period, we find strong support for the predictions of our model. We first show that firms are more likely to hire minority workers from a particular group if the existing share of workers from that group employed in the firm is higher. We then provide evidence that workers earn higher wages, and are less likely to leave their firms, if they were hired by a firm with a larger share of minority workers from their own group and are therefore more likely to have obtained the job through a referral. The effects are particularly strong at the beginning of the employment relationship and decline with tenure in the firm. These findings have important implications in suggesting that job search networks help to reduce informational deficiencies in the labor market and lead to productivity gains for workers and firms.Download Info
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Paper provided by Norface Research Programme on Migration, Department of Economics, University College London in its series Norface Discussion Paper Series with number 2011012.
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Keywords: Networks; Referrals; Uncertainty;Other versions of this item:
- Dustmann, Christian & Glitz, Albrecht & Schönberg, Uta, 2011. "Referral-based Job Search Networks," IZA Discussion Papers 5777, Institute for the Study of Labor (IZA).
- Christian Dustmann & Albrecht Glitz & Uta Schönberg, 2011. "Referral-based Job Search Networks," CReAM Discussion Paper Series 1114, Centre for Research and Analysis of Migration (CReAM), Department of Economics, University College London.
- J61 - Labor and Demographic Economics - - Mobility, Unemployment, and Vacancies - - - Geographic Labor Mobility; Immigrant Workers
- J63 - Labor and Demographic Economics - - Mobility, Unemployment, and Vacancies - - - Turnover; Vacancies; Layoffs
- J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
This paper has been announced in the following NEP Reports:
- NEP-ALL-2011-07-27 (All new papers)
- NEP-LAB-2011-07-27 (Labour Economics)
- NEP-URE-2011-07-27 (Urban & Real Estate Economics)
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Citations
Blog mentions
As found by EconAcademics.org, the blog aggregator for Economics research:- Job referrals can be more efficient than open search
by Economic Logician in Economic Logic on 2011-08-17 14:59:00 - Professors Using Linkedin Could Lead to Productivity Gains
by Seth Gitter in The Blog of Diminishing Returns on 2011-08-24 19:19:00
Cited by:
- Deepti Goel & Kevin Lang, 2009.
"Social Ties and the Job Search of Recent Immigrants,"
NBER Working Papers
15186, National Bureau of Economic Research, Inc.
- Deepti Goel & Kevin Lang, 2010. "Social Ties and the Job Search of Recent Immigrants," Carlo Alberto Notebooks 148, Collegio Carlo Alberto.
- Deepti Goel & Kevin Lang, 2010. "Social Ties and the Job Search of Recent Immigrants," CReAM Discussion Paper Series 1022, Centre for Research and Analysis of Migration (CReAM), Department of Economics, University College London.
- Deepti Goel & Kevin Lang, 2010. "Social Ties and the Job Search of Recent Immigrants," Working papers 189, Centre for Development Economics, Delhi School of Economics.
- Deepti Goel & Kevin Lang, 2010. "Social Ties and the Job Search of Recent Immigrants," Working Papers id:2932, eSocialSciences.
- Aslund, Olof & Hensvik, Lena & Nordström Skans, Oskar, 2009.
"Seeking Similarity: How Immigrants and Natives Manage at the Labor Market,"
IZA Discussion Papers
4640, Institute for the Study of Labor (IZA).
- Olof Aslund & Lena Hensvik & Oskar Nordstrom Skans, 2009. "Seeking similarity: How immigrants and natives manage at the labor market," CReAM Discussion Paper Series 0932, Centre for Research and Analysis of Migration (CReAM), Department of Economics, University College London.
- Åslund, Olof & Hensvik, Lena & Nordström Skans, Oskar, 2009. "Seeking similarity: how immigrants and natives manage at the labor market," Working Paper Series 2009:24, IFAU - Institute for Evaluation of Labour Market and Education Policy.
- Lorenzo Cappellari & Konstantinos Tatsiramos, 2010.
"Friends’ Networks and Job Finding Rates,"
DISCE - Quaderni dell'Istituto di Economia dell'Impresa e del Lavoro
ieil0059, Università Cattolica del Sacro Cuore, Dipartimenti e Istituti di Scienze Economiche (DISCE).
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- Lorenzo Cappellari & Konstantinos Tatsiramos, 2010. "Friends' Networks and Job Finding Rates," CESifo Working Paper Series 3243, CESifo Group Munich.
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- Judith K. Hellerstein & David Neumark, 2011. "Employment in Black Urban Labor Markets: Problems and Solutions," NBER Working Papers 16986, National Bureau of Economic Research, Inc.
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