IDEAS home Printed from https://ideas.repec.org/p/ash/wpaper/55.html

Indirect Contacts in Hiring: The Economics Job Market

Author

Listed:
  • Michael E. Rose

    (` Max Planck Institute for Innovation and Competition)

  • Suraj Shekhar

    (` Department of Economics, Ashoka University)

Abstract

Using two identification strategies, we demonstrate a positive relationship between the connectedness of a PhD adviser (in the coauthor network) and the placement of her student. In method one, identification is achieved by using changes in the centrality of the adviser’s coauthors in the year of student placement as an exogenous shock to the adviser’s centrality. Our second strategy uses the death of faculty members as an exogenous shock to show that the probability of a student being placed at a particular university reduces when the ‘social distance’ between her adviser and that university increases due to the death.

Suggested Citation

  • Michael E. Rose & Suraj Shekhar, 2021. "Indirect Contacts in Hiring: The Economics Job Market," Working Papers 55, Ashoka University, Department of Economics.
  • Handle: RePEc:ash:wpaper:55
    as

    Download full text from publisher

    File URL: https://dp.ashoka.edu.in/ash/wpaper/paper55_0.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Peter Coles & John Cawley & Phillip B. Levine & Muriel Niederle & Alvin E. Roth & John J. Siegfried, 2010. "The Job Market for New Economists: A Market Design Perspective," Journal of Economic Perspectives, American Economic Association, vol. 24(4), pages 187-206, Fall.
    2. Montgomery, James D, 1991. "Social Networks and Labor-Market Outcomes: Toward an Economic Analysis," American Economic Review, American Economic Association, vol. 81(5), pages 1407-1418, December.
    3. Craig A. Gallet & John A. List & Peter F. Orazem, 2005. "Cyclicality and the Labor Market for Economists," Southern Economic Journal, Southern Economic Association, vol. 72(2), pages 284-304, October.
    4. Cesare Fracassi & Geoffrey Tate, 2012. "External Networking and Internal Firm Governance," Journal of Finance, American Finance Association, vol. 67(1), pages 153-194, February.
    5. Alexander Oettl, 2012. "Reconceptualizing Stars: Scientist Helpfulness and Peer Performance," Management Science, INFORMS, vol. 58(6), pages 1122-1140, June.
    6. Paul Oyer, 2006. "Initial Labor Market Conditions and Long-Term Outcomes for Economists," Journal of Economic Perspectives, American Economic Association, vol. 20(3), pages 143-160, Summer.
    7. Francis Kramarz & Oskar Nordström Skans, 2014. "When Strong Ties are Strong: Networks and Youth Labour Market Entry," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 81(3), pages 1164-1200.
    8. Cesi Cruz & Julien Labonne & Pablo Querubín, 2017. "Politician Family Networks and Electoral Outcomes: Evidence from the Philippines," American Economic Review, American Economic Association, vol. 107(10), pages 3006-3037, October.
    9. Calvo-Armengol, Antoni & Zenou, Yves, 2005. "Job matching, social network and word-of-mouth communication," Journal of Urban Economics, Elsevier, vol. 57(3), pages 500-522, May.
    10. Baruffaldi, Stefano & Visentin, Fabiana & Conti, Annamaria, 2016. "The productivity of science & engineering PhD students hired from supervisors’ networks," Research Policy, Elsevier, vol. 45(4), pages 785-796.
    11. Pierre Azoulay & Christian Fons-Rosen & Joshua S. Graff Zivin, 2019. "Does Science Advance One Funeral at a Time?," American Economic Review, American Economic Association, vol. 109(8), pages 2889-2920, August.
    12. Valerie Smeets & Frédèric warzynski & Tom Coupé, 2006. "Does the Academic Labor Market Initially Allocate New Graduates Efficiently?," Journal of Economic Perspectives, American Economic Association, vol. 20(3), pages 161-172, Summer.
    13. Antoni Calvó-Armengol & Eleonora Patacchini & Yves Zenou, 2009. "Peer Effects and Social Networks in Education," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 76(4), pages 1239-1267.
    14. Craig A. Gallet & John A. List & Peter F. Orazem, 2005. "Cyclicality and the Labor Market for Economists," Southern Economic Journal, John Wiley & Sons, vol. 72(2), pages 284-304, October.
    15. Susan Athey & Lawrence F. Katz & Alan B. Krueger & Steven Levitt & James Poterba, 2007. "What Does Performance in Graduate School Predict? Graduate Economics Education and Student Outcomes," American Economic Review, American Economic Association, vol. 97(2), pages 512-520, May.
    16. Scott A. Boorman, 1975. "A Combinatorial Optimization Model for Transmission of Job Information through Contact Networks," Bell Journal of Economics, The RAND Corporation, vol. 6(1), pages 216-249, Spring.
    17. Arun G. Chandrasekhar & Melanie Morten & Alessandra Peter, 2020. "Network-Based Hiring: Local Benefits; Global Costs," NBER Working Papers 26806, National Bureau of Economic Research, Inc.
    18. Mitchell Hoffman, 2017. "The value of hiring through employee referrals in developed countries," IZA World of Labor, Institute of Labor Economics (IZA), pages 369-369, June.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. John Manuel Barrios & Laura Giuliano & Andrew J. Leone, 2020. "In Living Color: Does In-Person Screening Affect Who Gets Hired?," Working Papers 2020-38, Becker Friedman Institute for Research In Economics.

    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. Rose, Michael E. & Shekhar, Suraj, 2023. "Adviser connectedness and placement outcomes in the economics job market," Labour Economics, Elsevier, vol. 84(C).
    2. John Manuel Barrios & Laura Giuliano & Andrew J. Leone, 2020. "In Living Color: Does In-Person Screening Affect Who Gets Hired?," Working Papers 2020-38, Becker Friedman Institute for Research In Economics.
    3. Moreno Galbis, Eva & Wolff, Francois-Charles & Herault, Arnaud, 2020. "How helpful are social networks in finding a job along the economic cycle? Evidence from immigrants in France," Economic Modelling, Elsevier, vol. 91(C), pages 12-32.
    4. Cappellari, Lorenzo & Tatsiramos, Konstantinos, 2015. "With a little help from my friends? Quality of social networks, job finding and job match quality," European Economic Review, Elsevier, vol. 78(C), pages 55-75.
    5. de Martí, Joan & Zenou, Yves, 2009. "Social Networks," IZA Discussion Papers 4621, Institute of Labor Economics (IZA).
    6. Jihui Chen & Qihong Liu & Sherrilyn Billger, 2013. "Where Do New Ph.D. Economists Go? Recent Evidence from Initial Labor Market," Journal of Labor Research, Springer, vol. 34(3), pages 312-338, September.
    7. Jihui Chen & Qihong Liu & Myongjin Kim, 2022. "Gender gap in tenure and promotion: Evidence from the economics Ph.D. class of 2008," Southern Economic Journal, John Wiley & Sons, vol. 88(4), pages 1277-1312, April.
    8. Farzana Afridi & Amrita Dhillon & Swati Sharma, 2015. "Social Networks and Labour Productivity: A Survey of Recent Theory and Evidence," Indian Economic Review, Department of Economics, Delhi School of Economics, vol. 50(1), pages 25-42.
    9. Luciana Méndez Errico, 2013. "The Impacts of Social Networks on Immigrants’ Employment Prospects: The Spanish Case 1997-2007," Working Papers wpdea1301, Department of Applied Economics at Universitat Autonoma of Barcelona.
    10. Dariel, Aurelie & Riedl, Arno & Siegenthaler, Simon, 2021. "Referral hiring and wage formation in a market with adverse selection," Games and Economic Behavior, Elsevier, vol. 130(C), pages 109-130.
    11. Ian M. Schmutte, 2015. "Job Referral Networks and the Determination of Earnings in Local Labor Markets," Journal of Labor Economics, University of Chicago Press, vol. 33(1), pages 1-32.
    12. Arnaud Herault & Eva Moreno Galbis & Francois-Charles Wolff, 2018. "Network Matching Efficiency along the Economic Cycle: Direct and Indirect Ties," AMSE Working Papers 1832, Aix-Marseille School of Economics, France.
    13. Axtell, Robert L. & Guerrero, Omar A. & López, Eduardo, 2016. "The Network Composition of Aggregate Unemployment," MPRA Paper 68962, University Library of Munich, Germany.
    14. Vincent Boucher & Marion Gousse, 2019. "Wage Dynamics and Peer Referrals," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 31, pages 1-23, January.
    15. Ruiz-Palazuelos, Sofía & Espinosa, María Paz & Kovářík, Jaromír, 2023. "The weakness of common job contacts," European Economic Review, Elsevier, vol. 160(C).
    16. Osman, Adam & Speer, Jamin D. & Weaver, Andrew, 2022. "Connections, Referrals, and Hiring Outcomes: Evidence from an Egyptian Establishment Survey," Journal of Economic Behavior & Organization, Elsevier, vol. 204(C), pages 342-355.
    17. Andrea Galeotti & Luca Paolo Merlino, 2014. "Endogenous Job Contact Networks," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 55(4), pages 1201-1226, November.
    18. Pierre Cahuc & François Fontaine, 2009. "On the Efficiency of Job Search with Social Networks," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 11(3), pages 411-439, June.
    19. Boehm, Michael J. & Watzinger, Martin, 2010. "The Selection of Skills into Sectors: Evidence from the Market for Economists," MPRA Paper 23315, University Library of Munich, Germany.
    20. Caria, A. Stefano & Labonne, Julien, 2024. "Village social structure and labor market performance: Evidence from the Philippines," Journal of Economic Behavior & Organization, Elsevier, vol. 219(C), pages 371-380.

    More about this item

    Keywords

    ;

    NEP fields

    This paper has been announced in the following NEP Reports:

    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:ash:wpaper:55. 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: Ashoka University (email available below). General contact details of provider: https://www.ashoka.edu.in .

    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.