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Social network capital, economic mobility and poverty traps

Chantarat, Sommarat; Barrett, Christopher B.

Description

This paper explores the role social network capital might play in facilitating poor agents' escape from poverty traps. We model and simulate endogenous link formation among households heterogeneously endowed with both traditional and social network capital who make investment and technology choices over time in the absence of financial markets and faced with multiple production technologies featuring different fixed costs and returns. We show that social network capital can either complement or...[Show more]

CollectionsANU Research Publications
Date published: 2011
Type: Journal article
URI: http://hdl.handle.net/1885/67254
Source: Journal of Economic Inequality
DOI: 10.1007/s10888-011-9164-5

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