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Publication Detailed Description
Coworker networks and the labor market outcomes of displaced workers: Evidence from Portugal
Journal Title
Industrial Relations
Year (definitive publication)
2024
Language
English
Country
United States of America
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Abstract
The use of social contacts in the labor market is widespread. This paper investigates the association between personal connections and hiring probabilities as well as re-employment outcomes of displaced workers in Portugal. The hiring analysis indicates that displaced workers with a direct link to a firm through a former coworker are three times more likely to be hired compared to workers displaced from the same closing event who lack such a tie. Moreover, we show that successful displaced workers with a connection in the hiring firm have higher entry-level wages and enjoy greater job security.
Acknowledgements
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Keywords
Fields of Science and Technology Classification
- Economics and Business - Social Sciences
Funding Records
Funding Reference | Funding Entity |
---|---|
PTDC/EGEECO/7493/2020 | Fundação para a Ciência e a Tecnologia |
LCF/BQ/DE15/1036001 | 'la Caixa' Foundation |
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