We discuss the two-way link between culture and economic growth. We present a model of endogenous technical change … where growth is driven by the innovative activity of entrepreneurs. Entrepreneurship is risky and requires investments that … affect the steepness of the lifetime consumption profile. As a consequence, the occupational choice of entrepreneurship …

We construct a model of revolution and transition to democracy under an individualistic and a collectivist culture. The … culture are more likely to end up adopting democracy faster than countries with a collectivist culture. Our instrumental … variable estimation suggests a strong and robust effect of individualistic culture on average polity scores and length of …

This paper makes three contributions to the growing literature on culture and economics. Using answers to the World … cultural distance; (iii) trade openness has a lock-in effect on culture. Third, we test the model using an instrumental …

analysis improves upon existing studies of the role of "culture" for labor market outcomes by dealing explicitly with the … do all this we find that culture still matters for women employment rates and for hours worked. However, policies and …

. How do culture and institutions interact in generating different evolutionary trajectories of societal organizations? Do …

. This paper argues that family labour supply interactions and cross-country heterogeneity in family culture are key for … shaped by national features. We also document that cross-country differences in family culture cause cross …