Long ties, disruptive life events, and economic prosperity.

ABSTRACT: Social networks shape and reflect economic life. Prior studies have identified long ties, which connect people who lack mutual contacts, as a correlate of individuals' success within firms and places' economic prosperity. However, we lack population-scale evidence of the individual-level link between long ties and economic prosperity, and why some people have more long ties remains obscure. Here, using a social network constructed from interactions on Facebook, we establish a robust association between long ties and economic outcomes and study disruptive life events hypothesized to cause formation of long ties. Consistent with prior aggregated results, administrative units with a higher fraction of long ties tend to have higher-income and economic mobility. Individuals with more long ties

SUBMITTER: Jahani E 

PROVIDER: S-EPMC10334764 | biostudies-literature | 2023 Jul

REPOSITORIES: biostudies-literature