While an extensive literature studies social capital outcomes, the evolution process of social capital remains largely ignored. This paper presents a dynamic model of lifetime decision making of the individual's social capital accumulation. Structural parameters of the model - estimated using...

Using the 2003 wave of China General Social Survey (2003CGSS), we study the influence of the communist party on individual’s social networks in urban China and, thereby, present a case of socio-political institutions being an important ingredient in social network formation. We present a...