Arbeitspapier

The compensating income variation of social capital

There is a small but growing literature on the determinants of social capital. Most of these studies use a measure of trust to define social capital empirically. In this paper we use three different measures of social capital: the size of the individual s social network, the extent of their social safety net and membership of unions or associations. A second contribution to the literature is that we analyze what social capital contributes to our well-being. Based on this, we calculate the compensating income variation of social capital. We find differences in social capital when we differentiate according to individual characteristics such as education, age, place of residence, household composition and health. Household income generally has a statistically significant effect. We find a significant effect of social capital on life satisfaction. Consequently, the compensating income variation of social capital is substantial.

Sprache
Englisch

Erschienen in
Series: IZA Discussion Papers ; No. 2529

Klassifikation
Wirtschaft
Thema
Lebenszufriedenheit
Social Capital
Einkommen

Ereignis
Geistige Schöpfung
(wer)
Groot, Wim
Maassen van den Brink, Henriëtte
van Praag, Bernard M. S.
Ereignis
Veröffentlichung
(wer)
Institute for the Study of Labor (IZA)
(wo)
Bonn
(wann)
2006

Handle
URN
urn:nbn:de:101:1-20080429116
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

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Objekttyp

  • Arbeitspapier

Beteiligte

  • Groot, Wim
  • Maassen van den Brink, Henriëtte
  • van Praag, Bernard M. S.
  • Institute for the Study of Labor (IZA)

Entstanden

  • 2006

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