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- Author:
-
Lindon Robison, Michigan State University
- Subject:
- Social Sciences
- Institution Name:
- Latin America Learning
- Collection:
-
Michigan State University
- Grade Level:
- Post-secondary
- Abstract:
Social capital is a person or group's sympathy or sense of obligation for another person or group. The objects of sympathetic feelings have social capital. Those holding sympathetic feelings for others provide social capital. Because social capital providers internalize the consequences of their choices, they trade with each other on different terms and at different levels that would occur in arm's length transactions, all other things equal. But changes in the terms and level of trade alter the distribution of income. Therefore, changes in the distribution of social capital alter the distribution of income. After this paper tests empirically the influence of social capital on household income distributions in the 50 U.S. states for the census years of 1980, 1990, 2000. The mathematical and empirical findings support the proposition that social capital measured by social capital indicators variables has an important influence on the distribution of household incomes.
- Course Type:
- Learning Module
- Languages:
- English
- Material Type:
- Audio Lectures, Lecture Notes, Video Lectures
- Media Format:
- Audio, Downloadable docs, Video
- Conditions of Use:
-
Creative Commons Attribution-Noncommercial 3.0
No restrictions on your remixing, redistributing, or making derivative works.
Give credit to the author, as required.
Your remixing, redistributing, or making derivatives works comes with some
restrictions, including how it is shared.
Your redistributing comes with some restrictions. Do not remix or make
derivative works.
Copyrighted materials, available under Fair Use and the TEACH Act for US-based
educators, or other custom arrangements. Go to the resource provider to see
their individual restrictions.
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