How do social networks contribute to wage inequality? Insights from an agent-based analysis.

Dawid H, Gemkow S (2013) Working Papers in Economics and Management; 05-2013.
Bielefeld: Bielefeld University, Department of Business Administration and Economics.

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Working Paper | Published | English
Abstract
Based on a closed agent-based macroeconomic simulation model (Eurace@Unibi) this paper analyzes whether the density of social networks influences via referrals the residual wage inequality in different skill groups. It is shown that an increase in network density leads to a polarization of firms and a concentration of workers with high specific skills at firms with high productivities (and wages) thereby enlarging within group wage inequality, but not between group wage inequality.
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Dawid H, Gemkow S. How do social networks contribute to wage inequality? Insights from an agent-based analysis. Working Papers in Economics and Management. Vol 05-2013. Bielefeld: Bielefeld University, Department of Business Administration and Economics; 2013.
Dawid, H., & Gemkow, S. (2013). How do social networks contribute to wage inequality? Insights from an agent-based analysis. (Working Papers in Economics and Management, 05-2013). Bielefeld: Bielefeld University, Department of Business Administration and Economics. doi:10.4119/unibi/2915377
Dawid, H., and Gemkow, S. (2013). How do social networks contribute to wage inequality? Insights from an agent-based analysis. Working Papers in Economics and Management, 05-2013, Bielefeld: Bielefeld University, Department of Business Administration and Economics.
Dawid, H., & Gemkow, S., 2013. How do social networks contribute to wage inequality? Insights from an agent-based analysis., Working Papers in Economics and Management, no.05-2013, Bielefeld: Bielefeld University, Department of Business Administration and Economics.
H. Dawid and S. Gemkow, How do social networks contribute to wage inequality? Insights from an agent-based analysis., Working Papers in Economics and Management, vol. 05-2013, Bielefeld: Bielefeld University, Department of Business Administration and Economics, 2013.
Dawid, H., Gemkow, S.: How do social networks contribute to wage inequality? Insights from an agent-based analysis. Working Papers in Economics and Management, 05-2013. Bielefeld University, Department of Business Administration and Economics, Bielefeld (2013).
Dawid, Herbert, and Gemkow, Simon. How do social networks contribute to wage inequality? Insights from an agent-based analysis. Bielefeld: Bielefeld University, Department of Business Administration and Economics, 2013. Working Papers in Economics and Management. 05-2013.
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