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Social Capital and Well-Being in Times of Crisis

Author

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  • John Helliwell

  • Haifang Huang
  • Shun Wang

Abstract

This paper attempts to show how the quality of the social fabric of a community or nation affects its capacity to deal with crises and to develop human and natural resources in ways that maintain and sustainably improve subjective well-being. Three types of crisis will be used as examples. These include economic crises; transition and other institutional crises; and conflicts over sustainable resource use. The bulk of the new results in this paper relate to economic crises and institutional transitions, and shows that communities and nations with better social capital and trust respond to crises and transitions more happily and effectively. Copyright Springer Science+Business Media Dordrecht 2014

Suggested Citation

  • John Helliwell & Haifang Huang & Shun Wang, 2014. "Social Capital and Well-Being in Times of Crisis," Journal of Happiness Studies, Springer, vol. 15(1), pages 145-162, February.
    • Handle: RePEc:spr:jhappi:v:15:y:2014:i:1:p:145-162
    DOI: 10.1007/s10902-013-9441-z
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    References listed on IDEAS

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    4. John F. Helliwell & Haifang Huang, 2014. "New Measures Of The Costs Of Unemployment: Evidence From The Subjective Well-Being Of 3.3 Million Americans," Economic Inquiry, Western Economic Association International, vol. 52(4), pages 1485-1502, October.
    5. Daniel Kahneman & Alan B. Krueger, 2006. "Developments in the Measurement of Subjective Well-Being," Journal of Economic Perspectives, American Economic Association, vol. 20(1), pages 3-24, Winter.
    6. 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, July.
    7. John F. Helliwell, 2014. "Understanding and improving the social context of well-being," Chapters, in: Timo J. Hämäläinen & Juliet Michaelson (ed.), Well-Being and Beyond, chapter 5, pages 125-143, Edward Elgar Publishing.
    8. Schwartz, Carolyn E. & Sendor, Rabbi Meir, 1999. "Helping others helps oneself: response shift effects in peer support," Social Science & Medicine, Elsevier, vol. 48(11), pages 1563-1575, June.
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