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

Author

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  • 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.

Suggested Citation

  • 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.
  • Handle: RePEc:eee:soceco:v:40:y:2011:i:5:p:538-547
    DOI: 10.1016/j.socec.2011.04.004
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    References listed on IDEAS

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    Citations

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    Cited by:

    1. Fabio Sabatini & Francesco Sarracino, 2014. "E-participation: Social Capital and the Internet," Working Papers 2014.81, Fondazione Eni Enrico Mattei.
    2. Fabio Sabatini & Francesco Sarracino, 2013. "Will Facebook save or destroy social capital? An empirical investigation into the effect of online interactions on trust and networks," Department of Economics University of Siena 692, Department of Economics, University of Siena.
    3. 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.
    4. Gao, Li, 2015. "Evolution of consumption distribution and model of wealth distribution in China between 1995 and 2012," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 429(C), pages 76-86.
    5. Martina Menon & Ravi Pendakur & Federico Perali, 2015. "All in the Family: How Do Social Capital and Material Wellbeing Affect Relational Wellbeing?," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 124(3), pages 889-910, December.

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