Social capital and windfalls : empirical evidence
Author
Georgellis, Y.
Sessions, J.
Tsitsianis, N.
Attention
2299/5196
Abstract
We examine the correlates of windfall gains amongst a sample of British respondents. Our results suggest that such gains are not random, but are significantly related to a variety of individual characteristics and traits. In particular, proxies of social capital are significantly related to the probability of receiving a windfall.