Does Culture Matter?

Fernández, Raquel

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Does Culture Matter?

NBER Working Paper No. w16277

44 Pages Posted: 24 Aug 2010 Last revised: 24 Jun 2023

See all articles by Raquel Fernández

Raquel Fernández

New York University - Leonard N. Stern School of Business, Department of Economics; Centre for Economic Policy Research (CEPR); National Bureau of Economic Research (NBER)

There are 3 versions of this paper

Date Written: August 2010

Abstract

This paper reviews the literature on culture and economics, focusing primarily on the epidemiological approach. The epidemiological approach studies the variation in outcomes across different immigrant groups residing in the same country. Immigrants presumably differ in their cultures but share a common institutional and economic environment. This allows one to separate the effect of culture from the original economic and institutional environment. This approach has been used to study a variety of issues, including female labor force participaiton, fertility, labor market regulation, redistribution, growth, and financial development among others.

Suggested Citation: Suggested Citation

Fernández, Raquel, Does Culture Matter? (August 2010). NBER Working Paper No. w16277, Available at SSRN: https://ssrn.com/abstract=1662271