caa a22 4500 445854383 CHVBK 20180317145423.0 cr unu---uuuuu 170323e20111001xx s 000 0 eng 10.1007/s00191-011-0219-3 doi (NATIONALLICENCE)springer-10.1007/s00191-011-0219-3 Referral hiring, endogenous social networks, and inequality: an agent-based analysis [Elektronische Daten] [Simon Gemkow, Michael Neugart] The importance of referral hiring, which is workers finding employment via social contacts, is nowadays an empirically well documented fact. It also has been shown that social networks for finding jobs can create stratification. These analyses are, by and large, based on exogenous network structures. We go beyond the existing work by building an agent-based model of the labor market in which the social network of potential referees is endogenous. Workers invest some of their endowments into building up and fostering their social networks as an insurance device against future job losses. We look into the manner in which social networks and inequality respond to increased uncertainty in the labor market. We find that larger variability in firms' labor demand reduces workers' efforts put into social networks, leading to lower inequality. Springer-Verlag, 2011 Referral hiring nationallicence Endogenous social networks nationallicence Inequality nationallicence Agent-based model nationallicence Labor market transitions nationallicence Gemkow Simon Department of Business Administration and Economics, Bielefeld University, P.O. 10 01 31, 33501, Bielefeld, Germany aut Neugart Michael Free University of Bozen/Bolzano, School of Economics and Management, Piazza Università 1, 39100, Bozen, Italy aut Journal of Evolutionary Economics Springer-Verlag 21/4(2011-10-01), 703-719 0936-9937 21:4<703 2011 21 191 https://doi.org/10.1007/s00191-011-0219-3 text/html Onlinezugriff via DOI 1 research-article jats NATIONALLICENCE 856 40 https://doi.org/10.1007/s00191-011-0219-3 text/html Onlinezugriff via DOI NATIONALLICENCE 700 1- Gemkow Simon Department of Business Administration and Economics, Bielefeld University, P.O. 10 01 31, 33501, Bielefeld, Germany aut NATIONALLICENCE 700 1- Neugart Michael Free University of Bozen/Bolzano, School of Economics and Management, Piazza Università 1, 39100, Bozen, Italy aut NATIONALLICENCE 773 0- Journal of Evolutionary Economics Springer-Verlag 21/4(2011-10-01), 703-719 0936-9937 21:4<703 2011 21 191 Metadata rights reserved Springer special CC-BY-NC licence nationallicence BK010053 XK010053 XK010000 NATIONALLICENCE NATIONALLICENCE NL-springer