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Social capital and windfalls: Empirical evidence

Yannis Georgellis (), John Sessions () and Nikolaos Tsitsianis

Economics Letters, 2008, vol. 99, issue 3, 521-525

Abstract: We examine the correlates of windfall gains amongst a sample of British respondents. Our results suggest that such gains are not random, but are significantly related to a variety of individual characteristics and traits. In particular, proxies of social capital are significantly related to the probability of receiving a windfall.

Date: 2008
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