Social Capital

This book presents a series of studies focusing on the role of social capital in the labor market and beyond. Using the effect of individual social capital on labor markets as an example, this book pays special attention to the origins of and solutions to the endogeneity problem. It uses several identification strategies to systematically test for the causal effects of social capital.

In her explorative study that is based on data from 62 qualitative interviews, Elena Sommer examines the use of social capital for entrepreneurial activities of self-employed migrants from the former Soviet Union in Germany. She analyses what type of social capital is used by migrants as a resource for the formation and development of small businesses and how entrepreneurial social networks of migrants change over time. The study illustrates that the use of business-related social relationships of the interviewed self-employed depends on the company's market strategy as well as on access to relevant social networks.

This book presents a cross-cultural investigation into the interplay between social capital and subjective well-being. Based on a quantitative analysis of the latest large-N cross-cultural data sets, including the World Value Survey and the European Social Survey, and covering various countries, it offers a comparative perspective on and new insights into the determinants of social capital and well-being. By identifying both universal and culture-specific patterns, the authors shed new light on the spatial and temporal differentiation of social capital and subjective well-being.