The theoretical analysis of the concepts of social capital and of social cohesion shows that social capital should be considered as a micro concept whereas social cohesion, being a broader concept than social capital, is a more appropriate concept for macro analysis. Therefore, we suggest that...

The aim of this paper is to provide a synthetic macro index of social cohesion based on the observation of several individual level variables. Based on the definition of social cohesion by Bernard (1999) and Chan et al. (2006) an index of social cohesion (henceforth VALCOS Index) was created. It...

We consider in a first step, that social cohesion will be a determinant of income and, in a second step, income will be a determinant of subjective well-being (SWB) along with social cohesion. We propose to use the weighted Three-Stage Least Squares (3SLS) method to estimate our two steps model,...