1 / 17

Well-Being and Social Capital: Welfare, Work and Community

Well-Being and Social Capital: Welfare, Work and Community. Presented by: John Helliwell UBC and Bank of Canada St John’s November 16,2003. Subjective Well-Being Life Satisfaction From the WVS. Outline. Employment and welfare: local, national and global

jam
Download Presentation

Well-Being and Social Capital: Welfare, Work and Community

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Well-Being and Social Capital: Welfare, Work and Community • Presented by: • John Helliwell • UBC and Bank of Canada • St John’s • November 16,2003

  2. Subjective Well-Being Life Satisfaction From the WVS

  3. Outline • Employment and welfare: local, national and global • Lessons thus far: SSP worked, engagement trumps dollars • Social capital and well-being • Next steps: implement, experiment, broaden, monitor

  4. Effects of Age on Well-Being • OECD above • Developing below

  5. What’s Social Capital? • “..networks, together with shared norms, values, and understandings that facilitate co-operation within and among groups” (OECD 2001) • Created among and in: • Families • Community Groups and Churches • Neighbourhoods • Workplaces and Schools

  6. Types of Social Capital • Bonding, among those with much in common • Bridging, connecting those with, at least initially, less in common • The two types tend to be found together, i.e. families, friends and community links go together. • But sometimes one type is used more if another is lacking

  7. Engagement… • Improves health • Improves subjective well-being • Generate benefits for others

  8. good workplaces help… • Along with other types of social capital: • To improve measures of subjective well-being • To improve subjective measures of health • To reduce illness and death rates, including suicides

  9. Implications for Welfare to Work • Cost/Benefit analysis should include well-being • Well-being effects of unemployment very large • Hence need to evaluate net employment effects • Monitor social capital and well-being, on jobs too • Include engagement and training in experiments • Examine differential impacts on groups at risk

  10. Effects of Family Status on Subjective Well-Being

  11. Income, Health, and Unemployment Effects on Well-being

  12. Effects of Relative Income on Well-Being • OECD below • Developing above

  13. Social Capital Individual Level Effects

  14. Social Capital National Level Effects

  15. Suicide, Life Satisfaction and Social Capital • Suicide suicide SWB suicide SWB suim suif • Membership -6.08 0.51 -2.82 0.34 -4.02 -1.91 [2.45] [2.80] [1.26] [2.15] [1.15] [1.46] • Trust -16.47 1.83 -18.25 1.93 -33.84 -4.45 [2.42] [4.01] [2.87] [4.95] [3.36] [1.16] • God -22.82 1.6 -16.87 1.28 -20.02 -14.27 [5.35] [5.01] [4.78] [3.74] [3.39] [6.88] • Divorce 4.29 -0.19 3.44 -0.14 6.29 0.97 [5.37] [4.01] [5.20] [3.39] [5.48] [2.91] • Unemp rate 0.11 -0.03 0.07 -0.03 0.15 0 [0.58] [3.23] [0.39] [2.86] [0.55] [0.02] Govt Quality -1.66 0.82 -2.9 0.88 -6.13 -0.22 [1.71] [10.31] [2.79] [12.81] [3.71] [0.34] Latitude 0.3 -0.02 0.64 0 [3.88] [2.24] [4.85] [0.10] • R-squared 0.6 0.81 0.65 0.83 0.69 0.53

More Related