Using longitudinal data from the German Socio-Economic Panel, we estimate the variation of subjective well-being experienced by Germans over the last two decades testing the role of some of the major correlates of people’s well-being. Our results suggest that the variation of Germans’...

The worrying decline of social capital (Putnam in Bowling alone: the collapse and revival of American community. Simon and Schuster, New York, <CitationRef CitationID="CR27">2000</CitationRef>) and the disappointing trends of subjective well-being characterising the US (Easterlin in Nations and households in economic growth. Academic...</citationref>

Discovering whether social capital endowments in modern societies have been subjected or not to a process of gradual erosion is one of the most debated topics in recent economic literature. Inaugurated by Putnam’s pioneering studies, the debate on social capital trends has been recently...