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In recent years, microblogging has emerged as a disruptive new force in social networking. Unlike the bi-directional relationships on traditional SNS sites (such as Facebook), connections on most microblogging platforms (such as Twitter) is one-directional, by which users choose others to “follow” and each user has her own group of “followers”. Such asymmetric relationships are particularly ubi...

Using data from the Tanzania Social Capital and Poverty Survey (SCPS), a large scale survey which asked individuals about the extent and characteristics of their associational activity and their trust in various institutions and individuals, we construct a measure of “social capital” in rural Tanzania. By matching this measure of social capital with data on household incomes in the same village...

Facebook was initially designed as a social tool representing a person‟s social life, yet today it functions as a platform synthesizing all facets of life, including the work context. Within the frame of the social capital theory, a survey was conducted measuring Facebook users‟ experience, perceptions of privacy and career impression management. Results found that higher Facebook experience wa...

We examine how parent firm location influences the performance of subsequent entrepreneurial spawns into the hedge fund industry. We find that hedge fund managers who previously worked for parent firms located in the industry hubs—New York and London—outperform their peers, regardless of where the hedge fund is located. These results are robust to controls for selection into job spells in New Y...

There is a growing literature which analyses, using cross-country data, whether institutions or geography is the most important deep determinant of economic development. The empirical proxies for institutions used in this literature focus on the definition of institutions, formal and informal. This study argues that the concept of informal institutions is similar to social capital. However, the...