IDEAS home Printed from https://ideas.repec.org/a/fip/fedpei/98018.html

It’s Not Just Who You Know, It’s How You Know Them

Author

Listed:
  • Benjamin Lester

Abstract

What role do referrals play in matching workers with firms? And what are the consequences?

Suggested Citation

  • Benjamin Lester, 2024. "It’s Not Just Who You Know, It’s How You Know Them," Economic Insights, Federal Reserve Bank of Philadelphia, vol. 9(1), pages 12-17, March.
    • Handle: RePEc:fip:fedpei:98018
    as

    Download full text from publisher

    File URL: https://www.philadelphiafed.org/-/media/frbp/assets/economy/articles/economic-insights/2024/q1/eiq124.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Hansmann, Henry, 1988. "Ownership of the Firm," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 4(2), pages 267-304, Fall.
    2. Ian Appel & Jillian Grennan, 2023. "Control of Decentralized Autonomous Organizations," AEA Papers and Proceedings, American Economic Association, vol. 113, pages 182-185, May.
    3. Aghion, Philippe & Tirole, Jean, 1997. "Formal and Real Authority in Organizations," Journal of Political Economy, University of Chicago Press, vol. 105(1), pages 1-29, February.
    4. Daniel R. Sanches, 2018. "Bitcoin vs. the Buck: Is Currency Competition a Good Thing?," Economic Insights, Federal Reserve Bank of Philadelphia, vol. 3(2), pages 9-14, April.
    5. Igor Makarov & Antoinette Schoar, 2022. "Cryptocurrencies and Decentralized Finance (DeFi)," NBER Working Papers 30006, National Bureau of Economic Research, Inc.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Joseph Abadi, 2024. "Making Sense of Decentralized Finance," Economic Insights, Federal Reserve Bank of Philadelphia, vol. 9(1), pages 18-24, March.
    2. Lukasz A. Drozd & Marina Tavares, 2024. "Generative AI: A Turning Point for Labor’s Share?," Economic Insights, Federal Reserve Bank of Philadelphia, vol. 9(1), pages 2-11, March.
    3. Allen, Franklin & Barbalau, Adelina, 2024. "Security design: A review," Journal of Financial Intermediation, Elsevier, vol. 60(C).
    4. Abadi, Joseph & Brunnermeier, Markus, 2024. "Token-based platform governance," Journal of Financial Economics, Elsevier, vol. 162(C).
    5. Campbell R. Harvey & Daniel Rabetti, 2024. "International business and decentralized finance," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 55(7), pages 840-863, September.
    6. Raghuram G. Rajan & Luigi Zingales, 1998. "Power in a Theory of the Firm," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 113(2), pages 387-432.
    7. Dion Bongaerts & Thomas Lambert & Daniel Liebau & Peter Roosenboom, 2025. "Vote Delegation in DeFi Governance," Papers 2503.11940, arXiv.org.
    8. Han, Jungsuk & Lee, Jongsub & Li, Tao, 2025. "A review of DAO governance: Recent literature and emerging trends," Journal of Corporate Finance, Elsevier, vol. 91(C).
    9. Francesco Giavazzi & Marco Battaglini, "undated". "Should we trust banks when they sit on the board of directors?," Working Papers 117, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
    10. Goette, L. & Han, H. J. & Leung, B. T. K., 2020. "Information Overload and Confirmation Bias," Cambridge Working Papers in Economics 2019, Faculty of Economics, University of Cambridge.
    11. Alessandro De Chiara & Ester Manna, 2019. "Delegation with a Reciprocal Agent," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 35(3), pages 651-695.
    12. Hailu, Getu & Weersink, Alfons & Minten, Bart J., 2015. "Rural Organizations, Agricultural Technologies and Production Efficiency of Teff in Ethiopia," 2015 Conference, August 9-14, 2015, Milan, Italy 211702, International Association of Agricultural Economists.
    13. Marvin Hanisch & Jeffrey J. Reuer & Carolin Haeussler & Shivaram V. Devarakonda, 2024. "Hybrid Administrative Interfaces: Authority Delegation and Reversion in Strategic Alliances," Organization Science, INFORMS, vol. 35(2), pages 550-572, March.
    14. Elizabeth Beasley & Elise Huillery, 2011. "Understanding Community Participation to Make Services Work," Working Papers hal-01073687, HAL.
    15. David B. Audretsch & Dennis P. Leyden & Albert N. Link, 2013. "Universities as research partners in publicly supported entrepreneurial firms," Chapters, in: Public Support of Innovation in Entrepreneurial Firms, chapter 12, pages 175-192, Edward Elgar Publishing.
    16. Yingyi Qian & Barry R. Weingast, 1997. "Federalism as a Commitment to Reserving Market Incentives," Journal of Economic Perspectives, American Economic Association, vol. 11(4), pages 83-92, Fall.
    17. Britta Butz & Pablo Guillen Alvarez & Christine Harbring, 2024. "Incentives for cooperation in groups: sociality meets decision rights," Review of Managerial Science, Springer, vol. 18(10), pages 2925-2951, October.
    18. Ahmed Timoumi & Skander Esseghaier & Levent Koçkesen, 2023. "Should the fox guard the henhouse? Category captainship arrangement as a strategic information transmission mechanism," Production and Operations Management, Production and Operations Management Society, vol. 32(10), pages 2985-3001, October.
    19. Dirk Höring & Helmut Gründl & Sebastian Schlütter, 2016. "Impediments to Communication in Financial Institutions: Implications for the Risk Management Organization," The Geneva Papers on Risk and Insurance Theory, Springer;International Association for the Study of Insurance Economics (The Geneva Association), vol. 41(2), pages 193-224, September.
    20. Peter-J. Jost, 2023. "Auditing versus monitoring and the role of commitment," Review of Accounting Studies, Springer, vol. 28(2), pages 463-496, June.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:fip:fedpei:98018. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Beth Paul (email available below). General contact details of provider: https://edirc.repec.org/data/frbphus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.