All in the Family: How Do Social Capital and Material Wellbeing Affect Relational Wellbeing?

35 Pages Posted: 6 Feb 2014

See all articles by Martina Menon

Martina Menon

University of Verona - Department of Economics

Ravi Pendakur

University of Ottawa

Federico Perali

University of Verona - Department of Economics

Date Written: February 5, 2014

Abstract

We use a unique dataset from Italy to investigate the impact of socioeconomic characteristics and social capital on family wellbeing and satisfaction. We assess wellbeing using four dimensions of satisfaction with family life: satisfaction with decision making processes, with relationships with partner and children, and with time spent with children. Social capital is measured through information about membership in organizations, trust, and interactions with others. We find that while socioeconomic characteristics and equivalent income in general do not have an impact on family wellbeing, social capital matters for family life satisfaction.

Keywords: Subjective wellbeing, Relational satisfaction, Social capital.

JEL Classification: D19, I31, Z13.

Suggested Citation

Menon, Martina and Pendakur, Ravi and Perali, Federico, All in the Family: How Do Social Capital and Material Wellbeing Affect Relational Wellbeing? (February 5, 2014). Available at SSRN: https://ssrn.com/abstract=2391158 or http://dx.doi.org/10.2139/ssrn.2391158

Martina Menon (Contact Author)

University of Verona - Department of Economics ( email )

via Cantarane, 24
37129 Verona
Italy

Ravi Pendakur

University of Ottawa ( email )

2292 Edwin Crescent
Ottawa, Ontario K2C 1H7
Canada

Federico Perali

University of Verona - Department of Economics ( email )

via dell'Artigliere, 19
I-37129 Verona
Italy

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