The moderation effect of social capital in the relationship between own income, social comparisons and subjective well-being: Evidence from four international datasets.
PLoS One
; 18(12): e0288455, 2023.
Article
in En
| MEDLINE
| ID: mdl-38060523
ABSTRACT
In this paper we check whether social capital changes the association of subjective well-being with own income and social comparisons. We use panel data from Germany and publicly available data from three international surveys, for a total of nearly 500,000 respondents from industrial countries. Results show that the association of own income and social comparisons to subjective well-being weakens for individuals with high social capital. This finding holds in a variety of settings, and is robust to various measures of subjective well-being, of social capital, and of social comparisons. We also find evidence indicating that the role of social capital is, at least in part, causal. Finally, our findings support the macro-level implication that income differences are less related to subjective well-being differences in countries with high social capital.
Full text:
1
Collection:
01-internacional
Database:
MEDLINE
Main subject:
Social Capital
Limits:
Humans
Language:
En
Journal:
PLoS One
Journal subject:
CIENCIA
/
MEDICINA
Year:
2023
Document type:
Article
Affiliation country:
Italy