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Journal ArticleDOI

Engagement of the elderly in time banking: the potential for social capital generation in an aging society.

Ed Collom
- 12 Oct 2008 - 
- Vol. 20, Iss: 4, pp 414-436
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TLDR
The evidence presented suggests that the participation of the elderly in local currencies is mutually beneficial, and male and female seniors undertransact with themselves and with one another, generating bridging social capital.
Abstract
Community currency systems attempt to empower the economically marginalized and build social capital. This research explores the role of the elderly in a local voluntary organization. The elderly are potentially very important contributors, yet we know little about their participation in these local exchange networks. Eighty-seven months' worth of transaction data from a "time bank," which has had a total of 950 members, was examined in social network analyses. Measures of quantitative engagement in the system were constructed. The elderly were found to be as active as other members. Qualitative characteristics of the network were also explored. The organization is rather homogeneous, yet exchanges within it tend to connect diverse actors. Male and female seniors undertransact with themselves and with one another, generating bridging social capital. The evidence presented suggests that the participation of the elderly in local currencies is mutually beneficial.

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Citations
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Bowling alone: The collapse and revival of American community

TL;DR: As an example of how the current "war on terrorism" could generate a durable civic renewal, Putnam points to the burst in civic practices that occurred during and after World War II, which he says "permanently marked" the generation that lived through it and had a "terrific effect on American public life over the last half-century."
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Desperately seeking niches: Grassroots innovations and niche development in the community currency field

TL;DR: In this article, the authors examine a growing grassroots innovation, the international field of community currencies, which comprises a range of new socio-technical configurations of systems of exchange which have emerged from civil society over the last 30 years, intended to provide more environmentally and socially sustainable forms of money and finance.

Providing support to others and well-being in later life

Neal Krause
TL;DR: Findings from a recent nationwide survey of the elderly suggest that giving informal assistance to others appears to bolster feelings of personal control in later life, and is related to lower levels of depressive symptomatology.
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Growing green money? Mapping community currencies for sustainable development

TL;DR: In this paper, the authors present new empirical evidence from the first international study of the scope and character of community currencies, identifying the diversity, scale, geography and development trajectory of these initiatives, discusses the implications of these findings for efforts to achieve sustainable development, and identifies future research needs, to help harness the sustainability potential of the initiatives.
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European Psychiatric Association (EPA) guidance on prevention of mental disorders

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References
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Journal ArticleDOI

The Strength of Weak Ties

TL;DR: In this paper, it is argued that the degree of overlap of two individuals' friendship networks varies directly with the strength of their tie to one another, and the impact of this principle on diffusion of influence and information, mobility opportunity, and community organization is explored.
Book

Bowling Alone: The Collapse and Revival of American Community

TL;DR: Putnam as mentioned in this paper showed that changes in work, family structure, age, suburban life, television, computers, women's roles and other factors are isolating Americans from each other in a trend whose reflection can clearly be seen in British society.
Journal ArticleDOI

Birds of a Feather: Homophily in Social Networks

TL;DR: The homophily principle as mentioned in this paper states that similarity breeds connection, and that people's personal networks are homogeneous with regard to many sociodemographic, behavioral, and intrapersonal characteristics.
Journal ArticleDOI

Bowling alone: The collapse and revival of American community

TL;DR: As an example of how the current "war on terrorism" could generate a durable civic renewal, Putnam points to the burst in civic practices that occurred during and after World War II, which he says "permanently marked" the generation that lived through it and had a "terrific effect on American public life over the last half-century."
Book

Successful Aging

TL;DR: The authors of as discussed by the authors stated that much of the decline associated with old age has more to do with lifestyle than aging, and that social interaction is a powerful safeguard of emotional well-being.