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Social Interactions in the Labor Market

Author

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  • Grodner, Andrew
  • Kniesner, Thomas J.
  • Bishop, John A.

Abstract

We examine theoretically and empirically social interactions in labor markets and how policy prescriptions can change dramatically when there are social interactions present.

Suggested Citation

  • Grodner, Andrew & Kniesner, Thomas J. & Bishop, John A., 2011. "Social Interactions in the Labor Market," Foundations and Trends(R) in Microeconomics, now publishers, vol. 6(4), pages 265-366, September.
    • Handle: RePEc:now:fntmic:0700000045
    DOI: 10.1561/0700000045
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    More about this item

    Keywords

    Social interactions; Spillover; Conformity; Inequality; Poverty; Labor supply; Reference group; Social multiplier; Income tax; PSID; Labor Economics; Public economics; Econometrics;
    All these keywords.

    JEL classification:

    • D11 - Microeconomics - - Household Behavior - - - Consumer Economics: Theory
    • J22 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Time Allocation and Labor Supply
    • Z13 - Other Special Topics - - Cultural Economics - - - Economic Sociology; Economic Anthropology; Language; Social and Economic Stratification
    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement

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