Your friends, your credit: Social capital measures derived from social media and the credit market

C-Tier
Journal: Economics Letters
Year: 2024
Volume: 242
Issue: C

Authors (2)

Score contribution per author:

0.503 = (α=2.01 / 2 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We document a robust correlation between the Bricker and Li (2017) social trust indicator and the Chetty et al. (2022a) economic connectedness measure. The two indicators predict upward income mobility independently to a comparable extent. The Bricker–Li indicator is defined as the average credit score of a community, and the Chetty et al. measures are based on Facebook befriending data. The consistency and complementarity between these two indicators underscore trust as a crucial ingredient of social capital.

Technical Details

RePEc Handle
repec:eee:ecolet:v:242:y:2024:i:c:s0165176524003653
Journal Field
General
Author Count
2
Added to Database
2026-01-25