On Representative Social Capital

Charles Bellemare () and Sabine Kröger ()

Cahiers de recherche from CIRPEE

Abstract: This paper analyzes data for a random sample drawn from the Dutch population who reveal their capacity to provide and sustain social capital by their propensity to invest and reward investments by means of an economic experiment. We have three main results. First, we find that heterogeneity in behavior is characterized by several asymmetries -- men, the young and elderly, and low educated individuals invest relatively less, but reward significantly more investments. Second, higher expected levels of investments have a positive and significant effect on the level of investments themselves, corroborating the presence of social norms. Third, we compare our results with a laboratory experiment conducted with a student sample. We find that the student sample provides a lower bound of the population level of social capital.

Keywords: Social Capital Investments; Social Norms; Experiment; Representative Sample (search for similar items in EconPapers)
JEL-codes: Z13 C90 C10 D39 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-cbe and nep-ure
Date: 2005
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Related works:
Working Paper: On representative social capital (2004)
Working Paper: On Representative Social Capital (2004)
Working Paper: On Representative Social Capital (2005)
Journal Article: On representative social capital (2007)
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Persistent link: http://EconPapers.repec.org/RePEc:lvl:lacicr:0504

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