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The Social Status-Enhancing Power of Social Ties

36 Pages Posted: 20 Mar 2017  

Alessandro Bucciol

University of Verona - Department of Economics; Netspar; University of Padua

Simona Cicognani

University of Verona - Department of Economics; University of Bologna - Rimini Centre for Economic Analysis

Luca Zarri

University of Verona - Department of Economics

Date Written: March 15, 2017

Abstract

This paper shows that social variables capturing individuals’ sociability as well as strength of their social ties play an important role in affecting where individuals locate themselves in the social ladder, also when their objective location within society is taken into account. Using data from the US Health and Retirement Study (HRS) covering the period 2006-2012, we assess individuals’ social ties and sociability through the number and quality of their friendships as well as a set of variables capturing their attitude towards others (loneliness, cynical hostility, social cohesion, discrimination and reciprocity). We find subjective social status to correlate positively with reciprocity and negatively with discrimination. Next, individuals that are more satisfied with their life seem disconnected from objective elements when subjectively evaluating their social status.

Keywords: Subjective social status, Objectively measured social status, Sociability, Social ties

JEL Classification: I31; Z13

Suggested Citation

Bucciol, Alessandro and Cicognani, Simona and Zarri, Luca, The Social Status-Enhancing Power of Social Ties (March 15, 2017). Available at SSRN: https://ssrn.com/abstract=2934931

Alessandro Bucciol

University of Verona - Department of Economics ( email )

Via Cantarane 24
Verona, 37129
Italy
+39 045.842.5448 (Phone)
+39 045.802.8529 (Fax)

HOME PAGE: http://www.sites.google.com/site/abucciol/

Netspar ( email )

P.O. Box 90153
Tilburg, 5000 LE
Netherlands

University of Padua ( email )

Via 8 Febbraio, 2
Padova, Padova 35122
Italy

Simona Cicognani

University of Verona - Department of Economics ( email )

Via dell'Artigliere, 8
37129 Verona
Italy

HOME PAGE: http://simonacicognani.weebly.com/

University of Bologna - Rimini Centre for Economic Analysis ( email )

Via Patara, 3
Rimini (RN), RN 47900
Italy

Luca Zarri (Contact Author)

University of Verona - Department of Economics ( email )

Via dell'Artigliere, 8
37129 Verona
Italy

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