Homeownership, Political Participation, and Social Capital in Post-Communist Countries and Western Europe

ISE Working Paper No. 8

30 Pages Posted: 5 Feb 2018

See all articles by Peter Huber

Peter Huber

Austrian Institute of Economic Research (WIFO); Mendel University

Josef Montag

Charles University, Faculty of Law - Department of Economics

Multiple version iconThere are 2 versions of this paper

Date Written: January 2018

Abstract

We study whether the positive effects of homeownership on political participation and social capital, found in developed market economies, extend to post-communist countries. We find that homeownership is strongly related to higher participation in local-level and national elections. In post-communist countries, homeownership is also related to higher social trust. However, the positive association between homeownership and volunteering found in developed market economies does not extend to post-communist countries. Together, our results corroborate that homeownership is associated with positive social benefits. However, these effects are highly heterogeneous and context-dependent.

Keywords: Homeownership, Social Capital, Political Participation, Post-Communist Countries

JEL Classification: D62, D72, P14, P26

Suggested Citation

Huber, Peter and Montag, Josef, Homeownership, Political Participation, and Social Capital in Post-Communist Countries and Western Europe (January 2018). ISE Working Paper No. 8. Available at SSRN: https://ssrn.com/abstract=3109230 or http://dx.doi.org/10.2139/ssrn.3109230

Peter Huber

Austrian Institute of Economic Research (WIFO) ( email )

P.O. Box 91
Wien, A-1103
Austria

Mendel University ( email )

Zemedelska 1
Brno, South Moravia 61200
Czech Republic

Josef Montag (Contact Author)

Charles University, Faculty of Law - Department of Economics ( email )

nam. Curieovych 7
Prague 1, 11640
Czech Republic

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