Journal Article

Social capital and windfalls: empirical evidence

By Yannis Georgellis, John G. Sessions and Nikolaos Tsitsianis

Publication details

Publication date
Published in
Economics Letters
Volume
99 (3):521-525
DOI
http://dx.doi.org/10.1016/j.econlet.2007.09.036
ISSN
0

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.

Notes

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