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The Social Status-Enhancing Power of Social Ties

Author

Listed:
  • Alessandro Bucciol

    (Department of Economics (University of Verona))

  • Simona Cicognani

    (Department of Economics (University of Verona))

  • Luca Zarri

    (Department of Economics (University of Verona))

Abstract

This paper shows that social variables capturing individuals’ sociability as well as strength of their social ties play an important role in affecting where individuals locate themselves in the social ladder, also when their objective location within society is taken into account. Using data from the US Health and Retirement Study (HRS) covering the period 2006-2012, we assess individuals’ social ties and sociability through the number and quality of their friendships as well as a set of variables capturing their attitude towards others (loneliness, cynical hostility, social cohesion, discrimination and reciprocity). We find subjective social status to correlate positively with reciprocity and negatively with discrimination. Next, individuals that are more satisfied with their life seem disconnected from objective elements when subjectively evaluating their social status.

Suggested Citation

  • Alessandro Bucciol & Simona Cicognani & Luca Zarri, 2017. "The Social Status-Enhancing Power of Social Ties," Working Papers 04/2017, University of Verona, Department of Economics.
    • Handle: RePEc:ver:wpaper:04/2017
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    More about this item

    Keywords

    Subjective social status; Objectively measured social status; Sociability; Social ties.;
    All these keywords.

    JEL classification:

    • I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being
    • Z13 - Other Special Topics - - Cultural Economics - - - Economic Sociology; Economic Anthropology; Language; Social and Economic Stratification

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