A standard optimal investment model can be used to analyse an individual’s decision to accumulate social capital. We analyse six facts that support the predictions of this individualbased approach: (1) social capital first rises and then falls with age, (2) social capital declines with expected mobility, (3) social capital rises in occupations with greater returns to social skills, (4) social c...

The behaviors of the real exchange rate corresponding to capital mobility within an open-economy macroeconomic framework are investigated. Chaotic phenomena are reasonable candidates for analyzing the random walk behaviors of the given real exchange rate model similar to the simple logistic map. Method of Lyapunov exponents helps determine varied chaotic phenomena in order to choose specific ca...

in recent decades, the concept of cultural capital has created a lot of scientific studies over the world in the sociology of education. these studies mainly based on the two models: bourdieu's cultural reproduction and dimaggio's cultural mobility. these have achieved different results. this study aimed at evaluating the theoretical models in an empirical condition. middle and high school stud...

This article extends research on the relationship between employee mobility and firm performance by exploring how mobility between competitors and mobility between potential cooperators are different. We draw on social capital theory to argue that movement of employees both to and from clients may enhance firm performance, whereas only inward mobility from competitors benefits firms. We also hy...

The World Bank defines social capital as the institutions, relationships and norms that shape the quality and quantity of a society’s social interactions. Social capital is a multi-faceted concept that implies emotional attachments to relatives and friends as well as interactions between people. Existing studies of transport and its impact on the rural poor in developing countries focus largely...

The purpose of this paper is to show that the use of panel data can shed some light on the FeldsteinHorioka puzzle. The use of panel data would bring in two advantages. First, it would avoid the bias towards low capital mobility brought by the use of time-averaged data. Second, it would make possible to take into account specific effects (heterogeneity) like a country’s size. Pooling annual dat...