Social Capital and the Labor Market

29 Pages Posted: 2 Jun 2016

See all articles by Agust Arnorsson

Agust Arnorsson

University of Iceland

Gylfi Zoega

University of Iceland; University of London - Birkbeck College; Centre for Economic Policy Research (CEPR)

Date Written: June 2, 2016

Abstract

Using canonical-correlation analysis we find significant differences in social capital between European regions. Teaching children to be independent, imaginative, and tolerant contrib- utes positively to social capital, as does a higher level of trust towards fellow citizens. These differences can account for differences in unemployment, male labor force participation, and average hours of work across regions.

Suggested Citation

Arnorsson, Agust and Zoega, Gylfi, Social Capital and the Labor Market (June 2, 2016). Capitalism & Society, Vol. 11, Issue 1, Article 1, 2016, Available at SSRN: https://ssrn.com/abstract=2788829

Agust Arnorsson

University of Iceland ( email )

Iceland

Gylfi Zoega (Contact Author)

University of Iceland ( email )

IS-101 Reykjavik
Iceland

University of London - Birkbeck College ( email )

Malet Street
London, WC1E 7HX
United Kingdom

Centre for Economic Policy Research (CEPR)

London
United Kingdom

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