Can cultural consumption increase future earnings? Exploring the economic returns to cultural capital

Cultural consumption is often viewed as a form of embodied cultural capital which can be converted into economic rewards (e.g., earnings) because such practices increase the likelihood of moving into more advantaged social positions. However, quantitative evidence supporting this theory remains unce...

Szczegółowa specyfikacja

Opis bibliograficzny
Główni autorzy: Reeves, A, de Vries, R
Format: Journal article
Język:English
Wydane: Wiley 2018
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author Reeves, A
de Vries, R
author_facet Reeves, A
de Vries, R
author_sort Reeves, A
collection OXFORD
description Cultural consumption is often viewed as a form of embodied cultural capital which can be converted into economic rewards (e.g., earnings) because such practices increase the likelihood of moving into more advantaged social positions. However, quantitative evidence supporting this theory remains uncertain because it is often unable to rule out alternative explanations. Cultural consumption appears to influence hiring decisions in some elite firms, in both the US and the UK, but it is unclear whether these processes are applicable to other professional occupations and other labour market processes, such as promotions. We examine these processes using data from Understanding Society, an individual‐level panel survey conducted in the UK, allowing us to explore whether cultural consumption predicts future earnings, upward social mobility and promotions. People who consume a larger number of cultural activities are more likely to earn higher wages in the future, to be upwardly socially mobile, and to be promoted. Cultural consumption, then, can function as cultural capital in some labour market settings, potentially contributing to the reproduction of income inequality between generations.
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spelling oxford-uuid:8dbddb58-1e05-48be-b952-69fc79a3860f2022-03-26T22:53:07ZCan cultural consumption increase future earnings? Exploring the economic returns to cultural capitalJournal articlehttp://purl.org/coar/resource_type/c_dcae04bcuuid:8dbddb58-1e05-48be-b952-69fc79a3860fEnglishSymplectic Elements at OxfordWiley2018Reeves, Ade Vries, RCultural consumption is often viewed as a form of embodied cultural capital which can be converted into economic rewards (e.g., earnings) because such practices increase the likelihood of moving into more advantaged social positions. However, quantitative evidence supporting this theory remains uncertain because it is often unable to rule out alternative explanations. Cultural consumption appears to influence hiring decisions in some elite firms, in both the US and the UK, but it is unclear whether these processes are applicable to other professional occupations and other labour market processes, such as promotions. We examine these processes using data from Understanding Society, an individual‐level panel survey conducted in the UK, allowing us to explore whether cultural consumption predicts future earnings, upward social mobility and promotions. People who consume a larger number of cultural activities are more likely to earn higher wages in the future, to be upwardly socially mobile, and to be promoted. Cultural consumption, then, can function as cultural capital in some labour market settings, potentially contributing to the reproduction of income inequality between generations.
spellingShingle Reeves, A
de Vries, R
Can cultural consumption increase future earnings? Exploring the economic returns to cultural capital
title Can cultural consumption increase future earnings? Exploring the economic returns to cultural capital
title_full Can cultural consumption increase future earnings? Exploring the economic returns to cultural capital
title_fullStr Can cultural consumption increase future earnings? Exploring the economic returns to cultural capital
title_full_unstemmed Can cultural consumption increase future earnings? Exploring the economic returns to cultural capital
title_short Can cultural consumption increase future earnings? Exploring the economic returns to cultural capital
title_sort can cultural consumption increase future earnings exploring the economic returns to cultural capital
work_keys_str_mv AT reevesa canculturalconsumptionincreasefutureearningsexploringtheeconomicreturnstoculturalcapital
AT devriesr canculturalconsumptionincreasefutureearningsexploringtheeconomicreturnstoculturalcapital