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Time Banking and Social Capital Creation: a Transaction Data Analysis

Author

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  • Carnero, María Ángeles
  • Martínez, Blanca
  • Sánchez-Mangas, Rocío

Abstract

This article uses transaction data from three time banks located in Barcelona to analyze their potential to generate bonding and bridging social capital for their members. Regarding bonding social capital, the findings are in line with the related literature in terms of the average number of trading partners and the ego-network density. However, reciprocity is a more frequent form of behavior in our data than in other time banks from other countries. Concerning bridging social capital and considering different age groups, the results show slight evidence of homophilic behavior, although intergenerational transactions are also present, being more frequent between more similar age groups. Finally, we explore the influence of age on the time it takes for members to engage in transactions, which could somehow be related to their potential motivations behind joining a time bank.

Suggested Citation

  • Carnero, María Ángeles & Martínez, Blanca & Sánchez-Mangas, Rocío, 2024. "Time Banking and Social Capital Creation: a Transaction Data Analysis," Revista Galega de Economía, University of Santiago de Compostela. Faculty of Economics and Business., vol. 33(1), pages 1-20.
    • Handle: RePEc:sdo:regaec:v:33:y:2024:i:1_2
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    File URL: https://revistas.usc.gal/index.php/rge/article/view/9263/13746
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    More about this item

    Keywords

    Bonding social capital; Bonding social capital; Bridging social capital; Bridging social capital; Community currency; Community currency; Time banks; Time banks; Informal economy; Informal economy;
    All these keywords.

    JEL classification:

    • A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values
    • Z13 - Other Special Topics - - Cultural Economics - - - Economic Sociology; Economic Anthropology; Language; Social and Economic Stratification
    • C25 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions; Probabilities
    • L39 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Other

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