Stratification, social networks in the labour market, and intergenerational mobility
(2007) In Economic Journal 117(520). p.782-812- Abstract
- Young individuals, taking the locational choices made by their altruistic parents as given, decide whether or not to acquire skills. The use of location-specific word-of-mouth communication in the transmission of information about (skilled) job opportunities implies that the local social environment partly determines an individual's expected returns to education. Stratified equilibria, when they exist, are characterised by low intergenerational social mobility and inefficient use of talent. In addition, the equilibrium responses to factors that generally encourage education may, in stratified outcomes, be highly asymmetric across socio-economic groups. Non-stratified equilibria are likely to be destabilised by measures that encourage... (More)
- Young individuals, taking the locational choices made by their altruistic parents as given, decide whether or not to acquire skills. The use of location-specific word-of-mouth communication in the transmission of information about (skilled) job opportunities implies that the local social environment partly determines an individual's expected returns to education. Stratified equilibria, when they exist, are characterised by low intergenerational social mobility and inefficient use of talent. In addition, the equilibrium responses to factors that generally encourage education may, in stratified outcomes, be highly asymmetric across socio-economic groups. Non-stratified equilibria are likely to be destabilised by measures that encourage education. (Less)
Please use this url to cite or link to this publication:
https://lup.lub.lu.se/record/660529
- author
- Anderberg, Dan and Andersson, Fredrik LU
- organization
- publishing date
- 2007
- type
- Contribution to journal
- publication status
- published
- subject
- in
- Economic Journal
- volume
- 117
- issue
- 520
- pages
- 782 - 812
- publisher
- Wiley-Blackwell
- external identifiers
-
- wos:000246919500009
- scopus:34249985046
- ISSN
- 1468-0297
- DOI
- 10.1111/j.1468-0297.2007.02050.x
- language
- English
- LU publication?
- yes
- id
- 30c02ef8-3f66-4557-831e-55b260801079 (old id 660529)
- date added to LUP
- 2016-04-01 11:48:32
- date last changed
- 2022-03-28 03:26:28
@article{30c02ef8-3f66-4557-831e-55b260801079,
abstract = {{Young individuals, taking the locational choices made by their altruistic parents as given, decide whether or not to acquire skills. The use of location-specific word-of-mouth communication in the transmission of information about (skilled) job opportunities implies that the local social environment partly determines an individual's expected returns to education. Stratified equilibria, when they exist, are characterised by low intergenerational social mobility and inefficient use of talent. In addition, the equilibrium responses to factors that generally encourage education may, in stratified outcomes, be highly asymmetric across socio-economic groups. Non-stratified equilibria are likely to be destabilised by measures that encourage education.}},
author = {{Anderberg, Dan and Andersson, Fredrik}},
issn = {{1468-0297}},
language = {{eng}},
number = {{520}},
pages = {{782--812}},
publisher = {{Wiley-Blackwell}},
series = {{Economic Journal}},
title = {{Stratification, social networks in the labour market, and intergenerational mobility}},
url = {{http://dx.doi.org/10.1111/j.1468-0297.2007.02050.x}},
doi = {{10.1111/j.1468-0297.2007.02050.x}},
volume = {{117}},
year = {{2007}},
}