This paper studies demographic variation in social capital investment. A specific focus is the effect of income on social ca pital. Findings show that once the endogeneity of income is accounted for, it does not seem to have an independent effect on social capital investment.

While an extensive literature studies social capital outcomes, the evolution process of social capital remains largely ignored. This paper presents a dynamic model of lifetime decision making of the individual's social capital accumulation. Structural parameters of the model - estimated using...

This paper examines the hypothesis that social capital at the individual level affects environmentally friendly practices. Social capital represents the social connectedness of the individual. An individual with higher social capital is likely to be more socially responsible. They are also more...