People people
Subtitle: social capital and the labor-market outcomes of underrepresented groups
By: by Lex Borghans, Bas ter Weel, Bruce A. Weinberg.
Contributors: Ter Weel, Bas
Series: Discussion paper ;; no. 1494; Discussion paper (Forschungsinstitut zur Zukunft der Arbeit : Online) ;; no. 1494
Publisher: IZA
Published: 2005
Place of publication: Bonn, Germany
Language: eng
Format: Electronic resource
Subjects: Social capital (Sociology); Interpersonal relations.; Organizational change.; Technological innovations -- Economic aspects.; Minorities -- Economic conditions.; Labor market.
Description: "Despite indications that interpersonal interactions are important for understanding individual labor-market outcomes and have become more important over the last decades, there is little analysis by economists. This paper shows that interpersonal interactions are important determinants of labor-market outcomes, including occupations and wages. We show that technological and organizational changes have increased the importance of interpersonal interactions in the workplace. We particularly focus on how the increased importance of interpersonal interactions has affected the labor-market outcomes of underrepresented groups. We show that the acceleration in the rate of increase in the importance of interpersonal interactions between the late 1970s and early 1990s can help explain why women's wages increased more rapidly, while the wages of blacks grew more slowly over these years relative to earlier years"--Forschungsinstitut zur Zukunft der Arbeit web site.
Notes: Also available in print.
Includes bibliographical references.
Title from PDF file as viewed on 4/22/2005.
System requirements: Adobe Acrobat Reader.
Mode of access: World Wide Web.