This paper analyzes the impact of changes in the winning chances of candidates running for the 2007 French presidential election on abnormal stock returns of firms that could benefit from a candidate's victory. We use prices formed by transactions on a political prediction market to reveal the...

We show that firm headquarters’ geographic proximity to political power centers (state capitals) is associated with higher abnormal returns. Consistent with the notion that this effect is rooted in social network links, we find it is more pronounced in communities with high levels of...

Empirical studies have documented a decline in indicators of social participation in the last decades. The responsibility of social disengagement has been often attributed to pervasive busyness and the rising pressure of time. In this paper we argue that computer-mediated interaction, and...

The objective of this paper is to theoretically analyze how human interaction may evolve in a world characterized by the explosion of online networking and other Web-mediated ways of building and nurturing relationships. The analysis shows that online networking yields a storage mechanism...

The purpose of this research study was to examine the relationship between race, ethnicity, foreign-born status, and social capital among single women who use welfare. It was hypothesized that the utilization of various types of social capital would vary by group. This study analyzed Wave 2...

This article discusses building school principals’ social capital as a means to foster school achievement among students in their schools. Social capital theory and its essential components are explored as a means for developing strategies for principals to use in creating their own social...

In North Belfast, young people overwhelmingly live, socialize and attend schools along sectarian lines, much the result of the regions' recent social, political and armed conflict. Cross-community youth work, a recurring activity in community development circles, is aimed at overcoming such...

In this paper we explore the relationship between ethnic fractionalization and social capital. First, we test for time differences in the impact of ethnic fractionalization on social capital using U.S. data from 1990, 1997 and 2005. Subsequently we examine the data for evidence of the conflict,...

African immigrants in the United States (U.S.) experience immense challenges in the form of poverty, unemployment, and underemployment. Limited English language proficiency often restricts African immigrants to low-paying, unskilled positions. Ethnic entrepreneurship in the form of small-scale...

En los ultimos anos, la relacion que se establece entre el capital social y el desarrollo economico de las areas rurales ha despertado un creciente interes en la literatura economica. La principal hipotesis es que aquellas comunidades con mayores niveles de capital social tienen unos niveles de...