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Salary commensurate with social capital

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  • Yoshiho Matsunaga

Abstract

People who possess richer social capital can earn more than others can. An econometric analysis reveals that social capital increases a person's wage income even as human capital does. Previous empirical studies have clarified that gender, academic history, work history and similar social attributes are determinant factors of earnings. They also hint at other social attributes, apart from those mentioned above, that determine earnings. This article suggests that the positive effect of social capital on annual salary is the same for both men and women. This social capital feature differs from the gender inequality effect of human capital on annual salary in Japan.

Suggested Citation

  • Yoshiho Matsunaga, 2015. "Salary commensurate with social capital," Applied Economics Letters, Taylor & Francis Journals, vol. 22(14), pages 1116-1121, September.
    • Handle: RePEc:taf:apeclt:v:22:y:2015:i:14:p:1116-1121
    DOI: 10.1080/13504851.2015.1008622
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    References listed on IDEAS

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    1. Stephen Knack & Philip Keefer, 1997. "Does Social Capital Have an Economic Payoff? A Cross-Country Investigation," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 112(4), pages 1251-1288.
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    Cited by:

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    3. Oniki, S. & Berhe, M. & Negash, T., 2018. "Roles of the social norms on participation in the communal land distribution program in Ethiopia," 2018 Conference, July 28-August 2, 2018, Vancouver, British Columbia 277070, International Association of Agricultural Economists.
    4. Gelsomina Catalano & Francesco Giffoni & Valentina Morretta, 2021. "Human and social capital accumulation within research infrastructures: The case of CERN," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 92(3), pages 473-496, September.

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