Social capital investment and human capital investment: complements or substitutes for high skilled workers

Publication type

Conference Paper

Series

ACE 10 - 39th Australian Conference of Economists, held 27-29 September, 2010, Sydney, Australia

Author

Publication date

June 1, 2010

Abstract:

There is a suggestion that individual social capital investment has been decreasing as it has become a substitute for investment in human capital to promote career development. Lower social capital investment can reduce flows of information across networks, harm matching in the labour market and create a less civic society. We find that there is a limited complementarity between social capital and human capital investment for high skilled workers. Beyond this point there is a trade-off between social capital accumulation and returns to human capital. This applies particularly to high skilled workers with greater time pressures.

Subjects

Link

- https://editorialexpress.com/cgi-bin/conference/download.cgi?db_name=ACE10&paper_id=49

Notes

Private returns

#513982

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