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Incentives and Social Capital : Are Homeowners Better Citizens?

Author: Denise DiPasquale; Edward L Glaeser
Publisher: Cambridge, Mass. National Bureau of Economic Research 1998.
Series: Working paper series (National Bureau of Economic Research), no. w6363.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
Individuals invest in their local environments by volunteering, getting involved in local government, becoming informed about their political leaders, joining non-professional organizations and even gardening. Homeownership may encourage these investments because homeownership gives individuals an incentive to improve their community and because homeownership creates barriers to mobility. Using the U.S. General  Read more...
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Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Denise DiPasquale; Edward L Glaeser
OCLC Number: 1027275194
Notes: January 1998.
Description: 1 online resource.
Series Title: Working paper series (National Bureau of Economic Research), no. w6363.
Responsibility: Denise DiPasquale, Edward L. Glaeser.

Abstract:

Individuals invest in their local environments by volunteering, getting involved in local government, becoming informed about their political leaders, joining non-professional organizations and even gardening. Homeownership may encourage these investments because homeownership gives individuals an incentive to improve their community and because homeownership creates barriers to mobility. Using the U.S. General Social Survey document that homeowners are more likely to invest in social capital, and a simple instrumental variables strategy suggests that the relationship may be causal. While our results are not conclusive, we find evidence that a large portion of the effect of homeownership on these investments may come from lower mobility rates for homeowners. Using the German Socio-Economic Panel homeownership and citizenship controlling for individual fixed effects. Finally, across cities and counties, areas with more homeowners have lower government spending, but spend a larger share of their government budget on education and highways.

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<http:\/\/experiment.worldcat.org\/entity\/work\/data\/26785656#Topic\/home_ownership_social_aspects_united_states<\/a>> # Home ownership--Social aspects--United States<\/span>\n\u00A0\u00A0\u00A0\u00A0a \nschema:Intangible<\/a> ;\u00A0\u00A0\u00A0\nschema:name<\/a> \"Home ownership--Social aspects--United States<\/span>\"@en<\/a> ;\u00A0\u00A0\u00A0\u00A0.\n\n\n<\/div>\n
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