Gender differences in social capital investment: Theory and evidence

Gareth Leeves () and Ric. Herbert

Economic Modelling, 2014, vol. 37, issue C, 377-385

Abstract: This paper analyses individual social capital investment by extending the investment model of Glaeser et al. (2002) to allow for differing types of social capital. A dynamic solution to the individual's maximisation problem illustrates differences in social capital investment dependent on the conversion factor of investment. An empirical section finds that females invest more and derive greater wellbeing from this type of social capital investment; consistent with a higher conversion factor. The findings have implications for the work–life balance policies within firms and provide another explanation for gender differences in earnings.

Keywords: Social capital; Investment; Non-market returns; Compensating differentials (search for similar items in EconPapers)
JEL-codes: I31 J28 (search for similar items in EconPapers)
Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecmode:v:37:y:2014:i:c:p:377-385

DOI: 10.1016/j.econmod.2013.11.030

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