Culturally Risk Averse? – A Model of Economic Growth with Endogenous Culture
This research studies the dynamic interplay between the evolution of cultural traits and the process of economic development. In particular, this paper shows how cultural attitudes, in this case...
The Cultural Roots of Institutions
Do political institutions have cultural roots? Using a novel data set of cultural values we show that culture, defined as a society's collective beliefs and values, is an important determinant of...