“…Although latent class analysis (LCA) has been applied to several social issues (see, for example, Patterson et al 2002;and Biemer and Wiesen, 2002), it is still a fairly novel methodology in the economics literature (see Boxall and Adamowicz, 2002;Greene and Hensher, 2003;Provencher and Bishop, 2004;Clark, Etile, Postel-Vinay, Senik and Van der Straeten, 2005;Scarpa and Thiene, 2005;Morey, Thacher, and Breffle, 2006). Both on theoretical and practical grounds, however, latent class analysis is a promising approach to the study of social and cultural capital.…”