Publication type
Journal Article
Authors
Publication date
June 15, 2015
Summary:
On British Household Panel Survey data we measure various indices of social capital at the individual and household level, and use them as explanatory variables in standard consumption insurance tests. We find that two out of three aspects of social capital positively impact on consumption smoothing, by reducing the sensitivity of idiosyncratic consumption to idiosyncratic income, both in the long and in the short run. Such effects, however, turn out to be more pronounced in the long run. Further confirmation of the positive impact of social capital on insurance opportunities are derived from an income smoothing exercise, as well as from a Poisson and a Logit analysis on the occurrence of unemployment spells.
Published in
Review of Economics of the Household
Volume and page numbers
Volume: 13 , p.269 -295
DOI
http://dx.doi.org/10.1007/s11150-013-9185-x
ISSN
15695239
Subjects
Notes
Albert Sloman Library Periodicals *restricted to Univ. Essex registered users*
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