Property | Value |
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Discovering whether social capital endowments in modern societies have beensubjected or not to a process of gradual erosion is one of the most debated topics in recenteconomic literature. Inaugurated by Putnam's pioneering studies, the debate on socialcapital trends has been recently revived by Stevenson and Wolfers (2008) contending Easterlin's assessment. Present work is aimed at finding evidence for the relationshipbetween changes in social capital and subjective well-being in western Europe, Australia,Canada and Japan between 1980 and 2005. In particular, I would like to answer questionssuch as: (1) is social capital in western Europe, Canada, Australia and Japan declining? Issuch erosion a general trend of modern and richer societies or is it a characteristic featureof the American one? (2) can social capital trend help explain subjective well-being trend?Therefore, present research considers three different set of proxies of social capital controllingfor time and socio-demographic aspects using WVS-EVS data between 1980 and2005. Present results are encouraging, showing evidence of positive correlation betweenseveral proxies of social capital and both happiness and life satisfaction. Furthermore,results show that during last twenty-five years people in some of the most modern anddeveloped countries have persistently lost confidence in the judicial system, religiousinstitutions, parliament and civil service.
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EVS-Bibliography
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Money, Sociability and Happiness: Are Developed Countries Doomed to Social Erosion and Unhappiness?
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Bibsonomy
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In Social Indicators Research, 2011
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European Values Study (EVS)
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2011
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EVS
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EVS1981-2008
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EVS_input2014
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EVS_pro
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Easterlin_paradox
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Economic_development
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FDZ_IUP
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Relational_goods
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SCOPUSindexed
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SSCIindexed
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Subjective_well-being
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Time-series
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article
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checked
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indexproved
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input2014
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reviewed
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social_capital
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