Networks, culture, and the labour market - Social Capital Gateway
May 3, 2017 - different equilibria. 1) One is laissez-faire, with high mobility and unregulated labor markets, which occurs when family >es are weak. 2) When family >es are strong, there is another equilibrium with labor market rigidity comprising minimum wage and firing restric>ons. Family and the labour market ...
Apr 18, 2017 - of social capital across communities, we identify a causal small ... The occupational choice to start and run an own business depends on ... and prospects provide entrepreneurial finance independent of personal contacts.
Luigi Zingales the Center for Research in Security Prices (CRSP), the Stigler Center, and ... To test the conjecture, we first compare current levels of civic capital in ...... cause most commonly chosen in both the positive and the negative domain.
Page 1 ... India at least, there seems to be little generalization from one type of social capital to another. Further analysis reveals that ... the more informal measures of social networks reflects also an individual's position within the community