Perception of poverty. Individual, household and social enviromental determinants

This research aims to evaluate social capital impact on subjective well-being applying the ordered probit model to the following question taken from the Survey on Household Income and Wealth (2006 ) of the Bank of Italy Considering your monthly disposable income, is your household able to make ends meet: (1) with great difficulty, (2) with difficulty, (3) with some difficulty, (4) without difficulty, (5) with ease, (6) with great ease? and to the following groups of explanatory variables: 1. Household and respondent’s socio-economic characteristics; 2. Social capital endowment of household place of residence measured adopting the definition suggested by the World Bank Social Capital Initiative research group .