Arbeitspapier
Local social capital and geographical mobility: a theory
In this paper, we attempt to understand the determinants of mobility by introducing the concept of local social capital. Investing in local ties is rational when workers anticipate that they will not move to another region. Reciprocally, once local social capital is accumulated, incentives to move are reduced. Our model illustrates several types of complementarity leading to multiple equilibria (a world of local social capital and low mobility vs. a world of low social capital and high propensity to move). It also shows that local social capital is systematically negative for mobility, and can be negative for employment, but some other types of social capital can actually raise employment.
- Language
-
Englisch
- Bibliographic citation
-
Series: IZA Discussion Papers ; No. 3668
- Classification
-
Wirtschaft
- Subject
-
European unemployment
geographical mobility
social capital
Social Capital
Mobilität
Theorie
Europa
- Event
-
Geistige Schöpfung
- (who)
-
David, Quentin
Janiak, Alexandre
Wasmer, Etienne
- Event
-
Veröffentlichung
- (who)
-
Institute for the Study of Labor (IZA)
- (where)
-
Bonn
- (when)
-
2008
- Handle
- URN
-
urn:nbn:de:101:1-2008090196
- Last update
-
10.03.2025, 11:44 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- David, Quentin
- Janiak, Alexandre
- Wasmer, Etienne
- Institute for the Study of Labor (IZA)
Time of origin
- 2008
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