Munich Personal RePEc Archive

How are social ties formed? : Interaction of neighborhood and individual immobility.

Yamamura, Eiji (2009): How are social ties formed? : Interaction of neighborhood and individual immobility.

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Abstract

Using individual data from Japan, this paper investigates how a neighbor’s immobility is associated with individual investment in social capital. It is found that local homeownership has a positive effect on individual investment and that this effect for individual homeowners is about 2.5 times larger than for renters.

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