This paper surveys research on social capital. We explore the concepts that motivate the social capital literature, efforts to formally model social capital using economic theory, the econometrics of social capital, and empirical studies of the role of social capital in various socioeconomic...

This paper provides an introduction to the concept of social capital, and carries out a critical review of the empirical literature on social capital and economic development. The survey points out six main weaknesses affecting the empirics of social capital. Identified weaknesses are then used...

This paper provides an introduction to the concept of social capital, and carries out a critical review of the empirical literature on social capital and economic development. The survey points out six main weaknesses affecting the empirics of social capital. Identified weaknesses are then used...

There is scope for Governments to take more account of social capital in policy development, according to this Commission study. This paper suggests that social capital generally brings social and economic benefits by reducing transaction costs, promoting cooperative behaviour, diffusing...

Attraverso una rassegna critica della letteratura, questo paper vuole fornire una prima introduzione al concetto di capitale sociale e dare conto del dibattito in corso su questo tema da più di un decennio. Gli studi presi in considerazione sono ripartiti in base al particolare aspetto della...

In the emerging literature on judgment (as opposed to preference) aggregation, expert rights or liberal rights have not been investigated yet. When a group forms collective beliefs, it may assign experts with special knowledge on certain propositions the right to determine the collective...

This paper explores the connection between unemployment and subjective well-being in Finland by using cross-sections for the years 1990, 1996 and 2000 from World Values Surveys. An unprecedented increase in the national unemployment rate (from 3 to 17 per cent) did not produce a drop in the mean...