Bookworms and party animals: an artificial labour market with human and social capital accumulation

References

• Acemoglu, D.1996. “A microfoundation for social increasing returns in human capital accumulation.” The Quarterly Journal of Economics111(3): 779–804.
   Web of Science ®Google Scholar
• Acemoglu, D.1997. “Training and innovation in an imperfect labor market.” The Review of Economic Studies64(3): 445–464.
   Web of Science ®Google Scholar
• Barro, R., and J.-W. Lee. 2000. International data on education attainment. go.worldbank.org/8BQASOPK40.
   Google Scholar
• Becker, G. S.1962. “Investment in human capital: A theoretical analysis.” The Journal of Political Economy70(5.2): 9–49.
   Web of Science ®Google Scholar
• Becker, G.S. 1975. Human capital. Chicago, IL: The University of Chicago Press.
   Google Scholar
• Ben-Porath, Y.1967. “The production of human capital and the life cycle of earnings.” The Journal of Political Economy75(4): 352–365.
   Web of Science ®Google Scholar
• Blaug, M.1985. “Where are we now in the economics of education.” The Economics of Education Review4(1): 17–28.
   Google Scholar
• Boero, R., and F. Squazzoni. 2005. Does empirical embeddedness matter? Methodological issues on agent-based modeling. The Journal of Artificial Societies and Social Simulation 8, no. 4. jasss.soc.surrey.ac.uk/8/4/6.html.
   Google Scholar
• Brunello, G., and A.Medio. 2001. “An explanation of international differences in education and workplace training.” The European Economic Review45: 307–322.
   Web of Science ®Google Scholar
• Buerkle, K., and A.Guseva. 2002. “What do you know, who do you know?” American Journal of Economics and Sociology61(3): 657–680.
   Web of Science ®Google Scholar
• Card, D. 1999. The causal effect of education on earnings. In: The Handbook of Labor Economics, Vol 3.1. ed. O.C. Ashenfelter, and D. Card, 1801–63. Amsterdam: North-Holland.
   Google Scholar
• Card, D.2001. “Estimating the return to schooling: Progress on some persistent econometric problems.” Econometrica69(5): 1127–1160.
   Web of Science ®Google Scholar
• Coleman, J. S.1988. “Social capital in the creation of human capital.” The Americal Journal of Sociology94: s95–120.
   Web of Science ®Google Scholar
• Delre, S.A., and D. Parisi. 2007. Information and cooperation in a simulated labor market: A computational model for the evolution of workers and firms. In: Complexity Hints for Economic Policy, ed. M. Salzano, and D. Colander, 211–30. New York, NY: Springer.
   Google Scholar
• Epple, D., R.Romano, and H.Seig. 2006. “Admission, tuition and financial aid policies in the market for higher education.” Econometrica74(4): 885–928.
   Web of Science ®Google Scholar
• Epstein, J. M.1999. “Agent-based computational models and generative social science.” Complexity4(5): 41–60.
   Google Scholar
• Fagiolo, G., G.Dosi, and R.Gabriele. 2004. “Matching, bargaining and wage setting in an evolutionary model of labor market and output dynamics.” Advances in Complex Systems7(2): 157–186.
   Web of Science ®Google Scholar
• Fagiolo, G., G. Dosi, and R. Gabriele. 2005. Toward an evolutionary intrepretation of aggregate labor market regularities. Entrepreneurships, The New Economy and Public Policy, ed. U. Cantner, E. Dinopoulos, and R.F. Lanzillotti, 223–52. New York, NY: Springer.
   Google Scholar
• Fernandez, R. M., E. J.Castilla, and P.Moore. 2000. “Social capital at work: Networks and employment at a phone center.” The American Journal of Sociology105(5): 1288–1356.
   Web of Science ®Google Scholar
• Gemkow, S., and M.Neugart. 2011. “Referral hiring, endogenous social networks and inequality: An agent-based analysis.” The Journal of Evolutionary Economics21(4): 703–719.
   Web of Science ®Google Scholar
• Heston, A., R. Summers, and B. Aten. 2011. Penn world tables 7.0. The Center for International Comparisons of Production, Income and Prices at the University of Pennsylvania: www.pwt.econ.upenn.edu.
   Google Scholar
• Kugler, A. D.2003. “Employee referrals and efficiency wages.” Labor Economics10: 531–556.
   Web of Science ®Google Scholar
• Law, A.M. 2005. How to build valid and credible simulation models. In: Proceedings of the 2005 winter simulation conference, ed. M.E. Kuhl, N.M. Steiger, F.B. Armstrong, and J.A. Joines, 24–32. Piscataway, NJ: Institute of Electrical and Electronics Engineers.
   Google Scholar
• Lee, S., and M. C.Brinton. 1996. “Elite education and social capital: The case of South Korea.” The Sociology of Education69(3): 177–192.
   Web of Science ®Google Scholar
• Lin, N., and M.Dumin. 1986. “Access to occupations through social ties.” Social Networks8: 365–385.
   Web of Science ®Google Scholar
• Lin, N., W. M.Ensel, and J. C.Vaughn. 1981. “Social resources and strength of ties: Structural factors in occupational status attainment.” The American Sociological Review46(4): 393–405.
   Web of Science ®Google Scholar
• Macy, M., and R.Willer. 2002. “From factors to actors: Computational sociology and agent-based modelling.” The Annual Review of Sociology28: 143–166.
   Web of Science ®Google Scholar
• Mathieu, P., B. Beaufils, and O. Brandouy. 2005. Artificial economics: Agent-based methods in finance, game theory and their applications. New York, NY: Springer.
   Google Scholar
• Ministry of Education – New Zealand. 2010a. Tertiary education statistics – financial performance. www.educationcounts.govt.nz/statistics.
   Google Scholar
• Ministry of Education – New Zealand. 2010b. Tertiary education statistics – participation. www.educationcounts.govt.nz/statistics.
   Google Scholar
• Ministry of Education – New Zealand. 2010c. Tertiary education indicators – unemployment rate by highest qualification. www.educationcounts.govt.nz/indicators.
   Google Scholar
• Ministry of Education – New Zealand. 2011. Tertiary education statistics – financial performance. www.educationcounts.govt.nz/statistics.
   Google Scholar
• Montgomery, J. D.1991. “Social networks and labor market outcomes: Toward an economic analysis.” The American Economic Review81(5): 1408–1418.
   Web of Science ®Google Scholar
• Mortensen, D.T., and C.A. Pissarides. 1999. New developments in models of search in the labor market. In: The handbook of labor economics, Vol 3.2, ed. O.C. Ashenfelter, and D. Card, 2567–627. Amsterdam: North-Holland.
   Google Scholar
• Neugart, M.2008. “Labor market policy evaluation with ACE.” The Journal of Economic Behavior and Organization67: 418–430.
   Web of Science ®Google Scholar
• New Zealand Department of Labor (NZDOL). 2007. Job vacancy monitoring programme report. www.dol.govt.nz/jvm/job-ad-monthly-report.asp.
   Google Scholar
• New Zealand Qualification Authority. 2010. National certificate of educational achievement (NCEA). www.nzqa.govt.nz/qualification-standards/qualifications/ncea.
   Google Scholar
• Organization for Economic Cooperation and Development (OECD). 2007. Education at a glance 2007. www.oecd.org/edu/eag2007.
   Google Scholar
• Organization for Economic Cooperation and Development (OECD). 2010. Education at a glance 2010. http://www.oecd.org/edu/eag2010.
   Google Scholar
• Organization for Economic Cooperation and Development (OECD). 2011. OECD.Stat Database. http://www.stats.oecd.org.
   Google Scholar
• Pyka, A., and G. Fagiolo. 2007. Agent-based modelling: A metheodology for neo-schumpeterian economics. In: Elgar companion to neo-schumpeterian economics, ed. H. Hanusch, and A. Pyka, 467–88. Northampton: Edward Elgar.
   Google Scholar
• Rothschild, M., and L. J.White. 1995. “The analytics of the pricing of higher education and other services in which the customers are inputs.” The Journal of Political Economy103(3): 573–586.
   Web of Science ®Google Scholar
• Sargent, R.G. 2005. Verification and validation of simulation models. In: Proceedings of the 2005 winter simulation conference, ed. M.E. Kuhl, N.M. Steiger, F.B. Armstrong, and J.A. Joines, 130–43. Piscataway, NJ: Institute of Electrical and Electronics Engineers.
   Google Scholar
• Schuller, T., and J.Field. 1998. “Social capital, human capital and the learning society.” International Journal of Lifelong Education17(4): 226–235.
   Google Scholar
• Spence, M.1973. “Job market signalling.” The Quarterly Journal of Economics87(3): 355–374.
   Web of Science ®Google Scholar
• Statistics New Zealand. 2009, June. New Zealand income survey: June 2009 quarter. www.stats.govt.nz.
   Google Scholar
• Tassier, T., and F.Menczer. 2001. “Emerging small-world referral networks in evolutionary labor markets.” IEEE Transactions on Evolutionary Computation5(5): 482–492.
   Web of Science ®Google Scholar
• Tesfatsion, L.2001. “Structure, behavior and market power in an evolutionary labor market with adaptive search.” The Journal of Economic Dynamics and Control25: 419–457.
   Web of Science ®Google Scholar
• Tesfatsion, L.2002. “Agent-based computational economics: Growing economies from the bottom up.” Artificial Life8(1): 55–82.
   PubMed Web of Science ®Google Scholar
• Tesfatsion, L.2007. “Agents come to bits: Towards a constructive comprehensive taxonomy of economic entities.” The Journal of Economic Behavior and Organization63: 333–346.
   Web of Science ®Google Scholar
• Tesfatsion, L., and K.L. Judd. 2006. The handbood of computational economics: Agent-based computational economics (Vol. 2). Amsterdam: North-Holland.
   Google Scholar
• Topel, R. 1999. Labor markets and economic growth. In: The handbook of labor economics, Vol 3.3. ed. O.C. Ashenfelter, and D. Card, 2943–84. Amsterdam: North-Holland.
   Google Scholar
• Uzawa, H.1965. “Optimum technical change in an aggregative model of economic growth.” The International Economic Review6(1): 19–31.
   Google Scholar
• Wilensky, U. (1999). NetLogo. http://ccl.northwestern.edu/netlogo/. Center for Connected Learning and Computer-Based Modeling, Northwestern University, Evanston, IL.
   Google Scholar
• Windrum, P., G.Fagiolo, and A.Moneta. 2007. “Empirical validation of agent-based models: Alternatives and prospects.” The Journal of Artificial Societies and Social, Simulation10(2): 8.
   Web of Science ®Google Scholar
• Winston, G. C.1999. “Subsidies, heirarchy and peers: The awkward economics of higher education.” The Journal of Economic Perspectives13(1): 13–36.
   Web of Science ®Google Scholar