Ulric B. and Evelyn L. Bray Social Sciences Seminar
Abstract: This paper uses the universe of cellphone records from a Chinese telecommunication provider to examine the role of information exchange in urban labor markets. We provide the first direct evidence of increased communication around job changes among referral pairs. Information provided by social contacts mitigates information asymmetry and improves labor market performance.
Written with Panle Jia Barwick, Yanyan Liu, and Qi Wu.