The effects of social networks on employment and inequality

Article Abstract:

An analysis of employment is furnished. It is observed that greater social contacts tend to improve the chances of finding job opportunities. However, the longer a person remains unemployed the lesser are his or her chances of finding employment. It is also noted that if a person starts with lower employment status, the chances of his or her losing the job will be greater. Labor market is also discussed.

Employment, Administration of General Economic Programs, California, Jobs & Employment, Analysis, Social networks

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Resistance to reform: status quo bias in the presence of individual-specific uncertainty: comment

Article Abstract:

The failure of the governments to implement the reforms suggested by economists is discussed. The reason for the failure is identified as inability to identify individual specific uncertainty.

Government expenditures, Research and Development in the Social Sciences and Humanities, National Government, Public Administration, Economists, State & Local Government, State Government, National Government by Function, Venture Analysis, Risk assessment, Economic policy, Beliefs, opinions and attitudes, State/local government software

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