Online Social Network Effects in Labor Markets: Evidence from Facebook's Entry to College Campuses

IF 7.6 1区 经济学 Q1 ECONOMICS
Luis Armona
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引用次数: 0

Abstract

Using quasi-random variation from Facebook's entry to college campuses, I exploit a natural experiment to estimate the effect of online social network access on future earnings. I estimate that access to Facebook for an additional year in college causes a .62 percentile increase in a cohort's average earnings, translating to an average wage increase of around $970 in 2014, and decreases income inequality within a cohort. I provide indirect evidence that wage increases come through the channel of increased social ties between college alumni, strengthened employment networks, and increased match value between students' majors and later occupations.
在线社交网络对劳动力市场的影响:来自Facebook进入大学校园的证据
利用Facebook进入大学校园的准随机变化,我利用一个自然实验来估计在线社交网络访问对未来收入的影响。我估计,在大学里多花一年时间使用Facebook会使一个群体的平均收入增加0.62个百分点,转化为2014年的平均工资增长约970美元,并减少一个群体内部的收入不平等。我提供的间接证据表明,工资增长是通过增加大学校友之间的社会联系、加强就业网络以及增加学生的专业和后来的职业之间的匹配价值来实现的。
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来源期刊
CiteScore
8.50
自引率
0.00%
发文量
175
期刊介绍: The Review of Economics and Statistics is a 100-year-old general journal of applied (especially quantitative) economics. Edited at the Harvard Kennedy School, the Review has published some of the most important articles in empirical economics.
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