All in the Family: How Do Social Capital and Material Wellbeing Affect Relational Wellbeing?
AbstractWe 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 InfoPaper provided by University of Verona, Department of Economics in its series Working Papers with number 03/2014.
Date of creation: Feb 2014
Date of revision:
Subjective wellbeing; Relational satisfaction; Social capital.;
Find related papers by JEL classification:
- D19 - Microeconomics - - Household Behavior - - - Other
- I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being
- Z13 - Other Special Topics - - Cultural Economics - - - Economic Sociology; Economic Anthropology; Social and Economic Stratification
This paper has been announced in the following NEP Reports:
- NEP-ALL-2014-02-15 (All new papers)
- NEP-DEM-2014-02-15 (Demographic Economics)
- NEP-HAP-2014-02-15 (Economics of Happiness)
- NEP-SOC-2014-02-15 (Social Norms & Social Capital)
- NEP-SOG-2014-02-15 (Sociology of Economics)
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