The Invisible Hand of Social Capital: Evidence from the Polish Labor Market
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The Invisible Hand of Social Capital.pdf (162.26 KB)
0000-0003-1727-4342 Date
2018
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Peter Lang
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Abstract
In the chapter, we demonstrate the conditions and effects of the invisible hand of social capital on the Polish labor market. The invisible hand of social capital is the effect of receiving unanticipated gains, thanks to the participation in social networks. It is another perspective on social inequalities. The empirical base for the study is quantitative survey data on representative sample of Polish employees who got a new job, in the July 2013–March 2015 period. The dataset allows analyzing various conditions of unsolicited social capital benefits and its consequences for the employees. According to the results of the study, a participation in the labor market improves the chances of receiving an unsolicited job offer, yet it is not improved by the size of the locality in which employee resides, human capital, and participation in religious practices. The invisible hand of social capital is correlated with larger income, better assessment of own material conditions, and better job satisfaction.
Description
This chapter was written in the framework of the project “What fills up the sociological vacuum? The reinterpretation of Stefan Nowak’s thesis from a network perspective, as exemplified by the labor market behaviors”, funded by the National Science Centre.
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Citation
Pawlak, Mikołaj, Michał Kotnarowski. 2018. The Invisible Hand of Social Capital: Evidence from the Polish Labor Market. In: A. Mica, R. Wiśniewski, K. Wyrzykowska, I. Zielińska (eds.). The Sociology of the Invisible Hand. Berlin: Peter Lang, pp. 349-376.