The concept of welfare has evolved to incorporate subjective elements. One key factor for development is social capital. Participation in organizations promotes a more active social life, with potential positive results on welfare. This work investigates this last association through the estimation of a bivariate ordered probit model by using the World Value Survey for Chile.
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Aedo, J., Oñate, E., Jaime, M., y C. Salazar (2020). Capital social y bienestar subjetivo: un estudio del rol de la participación en organizaciones sociales en la satisfacción con la vida y felicidad en ciudades chilenas. Revista de Análisis Económico 35(1):55-74.