Social capital and windfalls : empirical evidence

Georgellis, Y., Sessions, J. and Tsitsianis, N. (2008) Social capital and windfalls : empirical evidence. Economics Letters, 99 (3). pp. 521-525. ISSN 0165-1765
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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.

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