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All in the Family: How Do Social Capital and Material Wellbeing Affect Relational Wellbeing?

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  • Martina Menon

    ()
    (Department of Economics (University of Verona))

  • Ravi Pendakur

    ()
    (University of Ottawa (Canada))

  • Federico Perali

    ()
    (Department of Economics (University of Verona))

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    Abstract

    We use a unique dataset from Italy to investigate the impact of socioeconomic characteristics and social capital on family wellbeing and satisfaction. We assess wellbeing using four dimensions of satisfaction with family life: satisfaction with decision making processes, with relationships with partner and children, and with time spent with children. Social capital is measured through information about membership in organizations, trust, and interactions with others. We find that while socioeconomic characteristics and equivalent income in general do not have an impact on family wellbeing, social capital matters for family life satisfaction.

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    Bibliographic Info

    Paper provided by University of Verona, Department of Economics in its series Working Papers with number 03/2014.

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    Length: 0
    Date of creation: Feb 2014
    Date of revision:
    Handle: RePEc:ver:wpaper:03/2014

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    Keywords: Subjective wellbeing; Relational satisfaction; Social capital.;

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    1. Robison, Lindon J. & Siles, Marcelo E. & Jin, Songqing, 2011. "Social capital and the distribution of household income in the United States: 1980, 1990, and 2000," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 40(5), pages 538-547.
    2. Andrew E. Clark & Paul Frijters & Michael A. Shields, 2008. "Relative Income, Happiness, and Utility: An Explanation for the Easterlin Paradox and Other Puzzles," Journal of Economic Literature, American Economic Association, vol. 46(1), pages 95-144, March.
    3. Ada Ferrer-i-Carbonell & Paul Frijters, 2004. "How Important is Methodology for the estimates of the determinants of Happiness?," Economic Journal, Royal Economic Society, vol. 114(497), pages 641-659, 07.
    4. John F. Helliwell & Christopher P. Barrington-Leigh, 2010. "Viewpoint: Measuring and understanding subjective well-being," Canadian Journal of Economics, Canadian Economics Association, vol. 43(3), pages 729-753, August.
    5. Bjornskov, Christian, 2006. "The multiple facets of social capital," European Journal of Political Economy, Elsevier, vol. 22(1), pages 22-40, March.
    6. Hogan, M. Janice, 2001. "Social capital: potential in family social sciences," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 30(2), pages 151-155, March.
    7. Stefano Bartolini & Ennio Bilancini & Maurizio Pugno, 2008. "Did the Decline in Social Capital Depress Americans’ Happiness?," Department of Economics University of Siena 540, Department of Economics, University of Siena.
    8. Zenaida Ravanera & Fernando Rajulton, 2010. "Measuring Social Capital and Its Differentials by Family Structures," Social Indicators Research, Springer, vol. 95(1), pages 63-89, January.
    9. Sarracino, Francesco, 2010. "Social capital and subjective well-being trends: Comparing 11 western European countries," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 39(4), pages 482-517, August.
    10. Stefano Bartolini & Ennio Bilancini & Maurizio Pugno, 2013. "Did the Decline in Social Connections Depress Americans’ Happiness?," Social Indicators Research, Springer, vol. 110(3), pages 1033-1059, February.
    11. Anonymous, 2006. "Selected Posters, Annual Meetings," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 38(02), August.
    12. John Maluccio & Lawrence Haddad & Julian May, 2000. "Social capital and household welfare in South Africa, 1993-98," Journal of Development Studies, Taylor & Francis Journals, vol. 36(6), pages 54-81.
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