Brian J. Asquith
1050 Massachusetts Ave.
Cambridge, MA 02138
NBER Working Papers and Publications
|October 2017||Social Capital and Labor Market Networks|
with Judith K. Hellerstein, Mark J. Kutzbach, David Neumark: w23959
We explore the links between social capital and labor market networks at the neighborhood level. We harness rich data taken from multiple sources, including matched employer-employee data with which we measure the strength of labor market networks, data on behavior such as voting patterns that have previously been tied to social capital, and new data – not previously used in the study of social capital – on the number and location of non-profits at the neighborhood level. We use a machine learning algorithm to identify potential social capital measures that best predict neighborhood-level variation in labor market networks. We find evidence suggesting that smaller and less centralized schools, and schools with fewer poor students, foster social capital that builds labor market networks, as...