Diffusing Workers in a Multiplex World

8 Pages Posted: 23 Oct 2017 Last revised: 10 Nov 2017

See all articles by Catherine Tong

Catherine Tong

University of Oxford - Department of Computer Science

Omar A Guerrero

The Alan Turing Institute

Eduardo Lopez

University of Oxford - Said Business School

Felix Reed-Tsochas

University of Oxford - Said Business School

Date Written: October 21, 2017

Abstract

The study of labor mobility across firms is crucial to understand economic performance, unemployment, skills reallocation and other aspects that shape the economic life of nations. Modeling labor flows between firms has been a challenge due to the complexity arising from the distributed and heterogeneous nature of labor flows. In this paper, we introduce a discrete-time model of labor flowing on a multi-layered network (i.e. a multiplex graph). By introducing multiple layers, the model accounts for different mobility patters (e.g. industries, geographies, occupations, etc.), which is important to understand the reallocation of human capital, skills and knowledge. We apply the model to UK empirical micro-data and find that our measure of regional preferences for low versus high skilled workers vary significantly from a single to a multi-layer representation of the world.

Suggested Citation

Tong, Catherine and Guerrero, Omar A and Lopez, Eduardo and Reed-Tsochas, Felix, Diffusing Workers in a Multiplex World (October 21, 2017). Saïd Business School WP 2017-21, Available at SSRN: https://ssrn.com/abstract=3056730 or http://dx.doi.org/10.2139/ssrn.3056730

Catherine Tong (Contact Author)

University of Oxford - Department of Computer Science ( email )

Wolfson Building
Parks Road
Oxford, OX1 3QD
United Kingdom

Omar A Guerrero

The Alan Turing Institute ( email )

96 Euston Road
London, NW1 2DB
United Kingdom

Eduardo Lopez

University of Oxford - Said Business School ( email )

Park End Street
Oxford, OX1 1HP
Great Britain

Felix Reed-Tsochas

University of Oxford - Said Business School ( email )

Park End Street
Oxford, OX1 1HP
Great Britain

HOME PAGE: http://www.sbs.ox.ac.uk/community/people/felix-reed-tsochas

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