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Social capital and the distribution of household income in the United States: 1980, 1990, and 2000

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Author Info

  • Robison, Lindon J.
  • Siles, Marcelo E.
  • Jin, Songqing

Abstract

Social capital is a person or group's sympathy or sense of obligation for another person or group. The objects of sympathetic feelings have social capital. Those holding sympathetic feelings for others provide social capital. Because social capital providers internalize the consequences of their choices on the objects of their social capital, they trade with each other on different terms and at different levels than would occur in arm's length transactions, all other things equal. Furthermore, changes in the distribution of social capital alter the terms and level of trade which in turn alter the distribution of income.

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Bibliographic Info

Article provided by Elsevier in its journal Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics).

Volume (Year): 40 (2011)
Issue (Month): 5 ()
Pages: 538-547

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Handle: RePEc:eee:soceco:v:40:y:2011:i:5:p:538-547

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Web page: http://www.elsevier.com/locate/inca/620175

Related research

Keywords: Social capital; Household income distributions; Socio-emotional goods; Social capital motives; Social capital indicator variables; Intensive (extensive) changes in social capital;

References

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  1. Harold L. Cole & Edward C. Prescott, 1996. "Valuation equilibria with clubs," Staff Report 174, Federal Reserve Bank of Minneapolis.
  2. Narayan, Deepa & Pritchett, Lant, 1997. "Cents and sociability : household income and social capital in rural Tanzania," Policy Research Working Paper Series 1796, The World Bank.
  3. Lindon J. Robison & Robert J. Myers & Marcelo E. Siles, 2002. "Social Capital and the Terms of Trade for Farmland," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 24(1), pages 44-58.
  4. Robinson, Lindon J. & Siles, Marcelo E., 1999. "Social capital and household income distributions in the United States: 1980, 1990," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 28(1), pages 43-93.
  5. Robison, Lindon J. & Schmid, A. Allan & Siles, Marcelo E., 1999. "Is Social Capital Really Capital?," Staff Papers 11649, Michigan State University, Department of Agricultural, Food, and Resource Economics.
  6. Susan Rose-Ackerman, 1996. "Altruism, Nonprofits, and Economic Theory," Journal of Economic Literature, American Economic Association, vol. 34(2), pages 701-728, June.
  7. Robison, Lindon J. & Siles, Marcelo E. & Schmid, A. Allan, 2002. "Social Capital And Poverty Reduction: Toward A Mature Paradigm," Agricultural Economic Report Series 10941, Michigan State University, Department of Agricultural, Food, and Resource Economics.
  8. Videras Julio R & Owen Ann L, 2006. "Public Goods Provision and Well-Being: Empirical Evidence Consistent with the Warm Glow Theory," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 5(1), pages 1-40, April.
  9. Mina Baliamoune-Lutz, 2009. "Human Well-Being Effects Of Institutions And Social Capital," Contemporary Economic Policy, Western Economic Association International, vol. 27(1), pages 54-66, 01.
  10. Lindon J. Robison & Jan L. Flora, 2003. "The Social Capital Paradigm: Bridging across Disciplines," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 85(5), pages 1187-1193.
  11. Steve Bond, 2002. "Dynamic panel data models: a guide to microdata methods and practice," CeMMAP working papers CWP09/02, Centre for Microdata Methods and Practice, Institute for Fiscal Studies.
  12. Robison, Lindon J. & Schmid, A. Allan, 1994. "Can Agriculture Prosper Without Increased Social Capital?," Choices, Agricultural and Applied Economics Association, vol. 9(4).
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Citations

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Cited by:
  1. Martina Menon & Ravi Pendakur & Federico Perali, 2014. "All in the Family: How Do Social Capital and Material Wellbeing Affect Relational Wellbeing?," Working Papers 03/2014, University of Verona, Department of Economics.
  2. Sabatini, Fabio & Sarracino, Francesco, 2014. "E-participation: social capital and the Internet," MPRA Paper 55722, University Library of Munich, Germany.
  3. Fabio Sabatini & Francesco Sarracino, 2014. "Will Facebook save or destroy social capital? An empirical investigation into the effect of online interactions on trust and networks," EERI Research Paper Series EERI RP 2014/02, Economics and Econometrics Research Institute (EERI), Brussels.
  4. Giacomo, Degli Antoni & Fabio, Sabatini, 2013. "Disentangling the relationship between nonprofit and social capital: the role of social cooperatives and social welfare associations in the development of networks of strong and weak ties," MPRA Paper 44860, University Library of Munich, Germany.

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