This paper presents a framework characterized by three definitions of social capital and a hypothesis of conceptual robustness that looks, first of all, at the findings of empirical literature on social capital and macro-economic outcomes; and secondly, on a micro-econometric analysis of the accumulation of social capital variables conducted using the ISTAT’s (Italian Central Statistical Office) Multiscopo survey. The paper shows that repeated social interactions and social norms are consistent with a hypothesis of conceptual robustness and that some potential instrumental variables, correlated with social capital accumulation and uncorrelated with household income, provide means to deal with Durlauf’s econometric problems. [JEL Classification: C21, C25, Z13].

Capitale sociale “robusto”: analisi macro, evidenza micro

FIORILLO, Damiano
2009

Abstract

This paper presents a framework characterized by three definitions of social capital and a hypothesis of conceptual robustness that looks, first of all, at the findings of empirical literature on social capital and macro-economic outcomes; and secondly, on a micro-econometric analysis of the accumulation of social capital variables conducted using the ISTAT’s (Italian Central Statistical Office) Multiscopo survey. The paper shows that repeated social interactions and social norms are consistent with a hypothesis of conceptual robustness and that some potential instrumental variables, correlated with social capital accumulation and uncorrelated with household income, provide means to deal with Durlauf’s econometric problems. [JEL Classification: C21, C25, Z13].
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Utilizza questo identificativo per citare o creare un link a questo documento: http://hdl.handle.net/11367/16437
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