Individual perception of accessible social capital and attitude to thrift

Meng-Na Xu () and Ming-Lin Wang ()

Review of Economics of the Household, 2015, vol. 13, issue 3, 487-500

Abstract: We empirically assess the effects of individual perception of accessible social capital on individual attitude to thrift in this paper, based on the view that social capital serves as an informal insurance. We look at individual-level data from the World Values Survey. After controlling for demographic characteristics as well as wave and country fixed effects, we find that individual perception of accessible social capital does matter. One who is more generally trusting or has a broader social network tends to value thrift less. Copyright Springer Science+Business Media New York 2015

Keywords: Thrift; Social capital; Perception; Precautionary saving; Generalized trust; D01; D14; J1 (search for similar items in EconPapers)
Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://hdl.handle.net/10.1007/s11150-014-9240-2 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:kap:reveho:v:13:y:2015:i:3:p:487-500

Ordering information: This journal article can be ordered from
http://www.springer. ... cs/journal/11150/PS2

DOI: 10.1007/s11150-014-9240-2

Access Statistics for this article

Review of Economics of the Household is currently edited by Shoshana Grossbard

More articles in Review of Economics of the Household from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().