Social capital, trust, and well-being in the evaluation of wealth (English)

This paper combines theory with data from different domains to provide an empirical analysis of the scale and variability of social capital as wealth. The analysis is used to argue, given what has been learned from the literature on social capital, that the welfare returns to investing in trust could be substantial. Using data from 132 nations covered by the Gallup World Poll, the paper presents a range of estimates of the wealth-equivalent values...

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Author

Hamilton,Kirk E.;

Helliwell,John F.;

Woolcock,Michael;
Document Date
2016/06/20
Document Type
Policy Research Working Paper
Report Number
WPS7707
Volume No
1
Total Volume(s)
1
Country
World,
Region
Other,
Disclosure Date
2016/06/20
Disclosure Status
Disclosed
Doc Name
Social capital, trust, and well-being in the evaluation of wealth
Keywords
social trust

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Citation

Hamilton,Kirk E.; Helliwell,John F.; Woolcock,Michael.

Social capital, trust, and well-being in the evaluation of wealth (English). Policy Research working paper|no. WPS 7707 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/249031468195550873

Social capital, trust, and well-being in the evaluation of wealth (English)

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