Does Culture Affect Economic Outcomes?
37 Pages Posted: 24 Jan 2006
There are 3 versions of this paper
Does Culture Affect Economic Outcomes?
Does Culture Affect Economic Outcomes?
Does Culture Affect Economic Outcomes?
Date Written: January 2006
Abstract
Economists have been reluctant to rely on culture as a possible determinant of economic phenomena. The notion of culture is so broad and the channels through which it can enter the economic discourse so vague that it is difficult to design testable hypotheses. In this paper we show this does need to be the case. We introduce a narrower definition of culture that allows for a simple methodology to develop and test cultural-based explanations. We also present several applications of this methodology: from the choice to become entrepreneur to that of how much to save, to end with the political decision on income redistribution.
Keywords: culture, culture-based, economic outcomes
JEL Classification: A10, J10, Z10
Suggested Citation: Suggested Citation
Do you have a job opening that you would like to promote on SSRN?
Recommended Papers
-
The Role of Social Capital in Financial Development
By Luigi Guiso, Paola Sapienza, ...
-
The Role of Social Capital in Financial Development
By Luigi Guiso, Paola Sapienza, ...
-
Does Culture Affect Economic Outcomes?
By Luigi Guiso, Paola Sapienza, ...
-
Does Culture Affect Economic Outcomes?
By Luigi Guiso, Paola Sapienza, ...
-
People's Opium? Religion and Economic Attitudes
By Luigi Guiso, Paola Sapienza, ...
-
People's Opium? Religion and Economic Attitudes
By Luigi Guiso, Paola Sapienza, ...
-
People's Opium? Religion and Economic Attitudes
By Luigi Guiso, Paola Sapienza, ...
-
Cultural Biases in Economic Exchange?
By Luigi Zingales, Paola Sapienza, ...