Using the Viet Nam Access to Resources Household Survey (VARHS) with a panel of households present from 2008 to 2016, the study investigates the impact of social capital on household vulnerability. The empirical results indicate that both commune shocks and household shocks are associated with...

Since 1972 the General Social Survey (GSS) has asked a representative sample of US adults "… [are] you…very happy, pretty happy, or not too happy?" Overall, the population is reasonably happy even after a mild recent decline. I focus on differences along standard socio demographic...

Many studies document a large negative effect of unemployment on happiness. Recent research has looked into factors related to impacts on happiness, such as adaptation, social work norms, social capital, religious beliefs, and psychological resources. Getting unemployed people back to work can...

In Europe differences among countries in the overall change in happiness since the early 1980s have been due chiefly to the generosity of welfare state programs - increasing happiness going with increasing generosity and declining happiness with declining generosity. This is the principal...

This paper incorporates job search through personal contacts into an equilibrium matching model with a segregated labor market. Firms can post wage offers in the regular job market, alternatively they can save on advertising costs and rely on word-of-mouth communication. Wages are then...

Using the Vietnam Access to Resources Household Survey (VARHS) with a panel of households present from 2008 to 2016, the study investigates the impact of social capital on household vulnerability. The empirical results indicate that both commune shocks and household shocks are associated with...

This paper incorporates job search through personal contacts into an equilibrium matching model with a segregated labour market. Job search in the public submarket is competitive which is in contrast with the bargaining nature of wages in the informal job market. Moreover, the social capital of...

This paper incorporates job search through personal contacts into an equilibrium matching model with a segregated labour market. Job search in the public submarket is competitive which is in contrast with the bargaining nature of wages in the informal job market. Moreover, the social capital of...

This paper demonstrates that bridging and bonding social capital as well as social trust interdependently affect individuals' earnings and happiness. Based on cross-sectional World Values Survey 2000 data on individuals from eight Central and Eastern European countries (CEECs), we provide...

Putnam (1993) argues that (i) center-northern Italy has developed faster than southern Italy because the former was better endowed with social capital; and (ii) that the endowments of social capital across Italian territories have been highly persistent over centuries. This paper provides an...