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question archive Compose a 1250 words assignment on the impact of social capital on immigrants labour market performance

Compose a 1250 words assignment on the impact of social capital on immigrants labour market performance

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Compose a 1250 words assignment on the impact of social capital on immigrants labour market performance. Needs to be plagiarism free! Trust is fundamental for building social connections, which in turn plays an important role in determining the entry of individuals into gainful labor market opportunities (Glaeser & Laibson, 1999). Trusting behavior increases as the social connection accessible to an individual also increase. Social capital, defined as the access of social networks and social connection support, has been termed as an important factor that helps individuals gain entry into the job market, and possibly get good wages (Piracha, Tani & Vaira-Lucero, 2013). Nevertheless, despite the indication that interpersonal interactions have increasingly played an important role in influencing job market entry outcomes over the last decades, there is a limited analysis of this relationship by economists (Borghans, 2005). However, although the influence of social capital on the accessibility of jobs has become a subject of many empirical studies, it is not still clear whether the observed causal relationship between social capital and job market entry outcomes is affected by endogeneity (Chen, 2011). Endogeneity bias associated with social studies limitations such as self-selection bias, sample selection bias, simultaneity and omitted variable biases may influence the outcomes of the social studies, and thus give inaccurate causal-effect relationship (Chen, 2011). Nevertheless, systematic studies that have been undertaken quantitatively to overcome the endogeneity bias have also shown that social capital is not only important in influencing the labor-market outcomes but also entry into different occupations, as well as the wage levels payable (Guiso, Sapienza & Zingales, 2000). &nbsp.

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