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How are social ties formed? : Interaction of neighborhood and individual immobility

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  • Yamamura, Eiji

Abstract

Using individual data from Japan, this paper investigates how a neighbor’s immobility is associated with individual investment in social capital. It is found that local homeownership has a positive effect on individual investment and that this effect for individual homeowners is about 2.5 times larger than for renters.

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File URL: http://mpra.ub.uni-muenchen.de/15124/
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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 15124.

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Date of creation: 09 May 2009
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Handle: RePEc:pra:mprapa:15124

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Keywords: Social Capital; homeownership; length of residence.;

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  1. Christian A. L. Hilber, 2010. "New Housing Supply and the Dilution of Social Capital," SERC Discussion Papers, Spatial Economics Research Centre, LSE 0042, Spatial Economics Research Centre, LSE.
  2. Alberto Alesina & Eliana La Ferrara, 1999. "Participation in Heterogeneous Communities," NBER Working Papers 7155, National Bureau of Economic Research, Inc.
  3. Kan, Kamhon, 2007. "Residential mobility and social capital," Journal of Urban Economics, Elsevier, vol. 61(3), pages 436-457, May.
  4. Edward L. Glaeser & David Laibson & Bruce Sacerdote, 2002. "An Economic Approach to Social Capital," Economic Journal, Royal Economic Society, Royal Economic Society, vol. 112(483), pages 437-458, November.
  5. Denice DiPasquale & Edward L. Glaeser, 1997. "Incentives and Social Capital: Are Homeowners Better Citizens?," Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research 1815, Harvard - Institute of Economic Research.
  6. La Ferrara, Eliana & Alesina, Alberto, 2000. "Participation in Heterogeneous Communities," Scholarly Articles 4551796, Harvard University Department of Economics.
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