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Overcoming Economic Hardship: The Effects of Human Capital and Social Capital

Seo, Jiwon
http://rave.ohiolink.edu/etdc/view?acc_num=osu1111646600

Abstract Details

2005, Doctor of Philosophy, Ohio State University, Family Resource Management.
Human capital theory and social capital theory provide a framework for analyzing the economic well being of families. The primary objective of this dissertation is to examine the effects of women’s human capital and social capital on economic well being. For the empirical analysis, data from two waves of the National Survey of Families and Households are used. The final sample for analysis is 696 households that had a female primary respondent family income below the hardship threshold in Wave 1. The empirical models include measures of the levels of human capital and social capital characteristics at the time of Wave 1 and the changes in levels of human and social capital characteristics over the five years between Wave 1 and Wave 2. The dependent variable is economic well being above the hardship threshold, measured as the amount by which the ratio of family income to the poverty threshold in Wave 2 exceeds 150%, expressed in percentage points. This measure is lower censored at zero. Human capital is measured by educational attainment, employment hours, physical health, and depression. Social capital is measured by informal relationships, formal relationships, residential moves, social help, and familial help. Family structure variables are included as controls. To analyze the censored dependent variable, Tobit analysis is used. McDonald and Moffitt’s decomposition procedure is used to derive the threshold effect and the change effect. The threshold effect shows the effect of women’s resources on the probability of economic well being above the hardship threshold. The change effect is the effect of women’s resources on changes in the level of economic well being above the hardship threshold for families above the hardship threshold. Human capital and social capital are resources that can contribute to overcoming economic hardship. Also, the relative contribution of women’s resources to overcoming economic hardship varies by the level of human capital, social capital, and depth of previous poverty. Based on the empirical results, implications are provided.
Catherine Montalto (Advisor)
188 p.
Human capital; social capital; economic well being; low-income families

Recommended Citations

Citations

  • Seo, J. (2005). Overcoming Economic Hardship: The Effects of Human Capital and Social Capital [Doctoral dissertation, Ohio State University]. OhioLINK Electronic Theses and Dissertations Center. http://rave.ohiolink.edu/etdc/view?acc_num=osu1111646600

    APA Style (7th edition)

  • Seo, Jiwon. Overcoming Economic Hardship: The Effects of Human Capital and Social Capital. 2005. Ohio State University, Doctoral dissertation. OhioLINK Electronic Theses and Dissertations Center, http://rave.ohiolink.edu/etdc/view?acc_num=osu1111646600.

    MLA Style (8th edition)

  • Seo, Jiwon. "Overcoming Economic Hardship: The Effects of Human Capital and Social Capital." Doctoral dissertation, Ohio State University, 2005. http://rave.ohiolink.edu/etdc/view?acc_num=osu1111646600

    Chicago Manual of Style (17th edition)

osu1111646600
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© 2005, all rights reserved.
This open access ETD is published by The Ohio State University and OhioLINK.