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When is Sovereign Debt Odious? A Theory of Government Repression, Growth Traps, and Growth Boosts

Acharya, Viral V.; Rajan, Raghuram Govind; Shim, Jack - National Bureau of Economic Research - 2022

We examine the dynamics of a country's growth, consumption, and sovereign debt, assuming that the government is myopic and wants to maximize short-term, self-interested spending. Surprisingly, government myopia can increase a country's access to external borrowing. In turn, access to borrowing...

Persistent link: https://www.econbiz.de/10013334513

Structural Transformation and Value Change : The British Abolitionist Movement

Figueroa, Valentin; Fouka, Vasiliki - National Bureau of Economic Research - 2023

What drives change in a society's values? From Marx to modernization theory, scholars have identified a connection between structural transformation and social change. To understand how changes in a society's dominant mode of production affect its dominant values, we examine the case of the...

Persistent link: https://www.econbiz.de/10014372465

Movies

Michalopulos, Stelios; Rauh, Christopher - National Bureau of Economic Research - 2024

Why are certain movies more successful in some markets than others? Are the entertainment products we consume reflective of our core values and beliefs? These questions drive our investigation into the relationship between a society's oral tradition and the financial success of films. We combine...

Persistent link: https://www.econbiz.de/10014512074

Ethnographic Records, Folklore, and AI

Michalopulos, Stelios - National Bureau of Economic Research - 2025

In this Handbook chapter, I examine how integrating ethnographic and folklore records has shaped research on culture and economics in the 21st century. Advances in text analysis techniques and the incorporation of historical and satellite data have transformed the field. I explore how George...

Persistent link: https://www.econbiz.de/10015398152

Separation of Church and State Curricula? Examining Public and Religious Private School Textbooks

Adukia, Anjali; Harrison, Emileigh - National Bureau of Economic Research - 2025

Curricula impart knowledge, instill values, and shape collective memory. Despite growing public funding for religious schools through U.S. school choice programs, little is known about what they teach. We examine textbooks from public schools, religious private schools, and home schools,...

Persistent link: https://www.econbiz.de/10015409821

The Culture and Institutions of Confucianism

Jia, Ruixue; Kung, James Kai-sing - National Bureau of Economic Research - 2025

This study reviews the culture and institutions of Confucianism and explores their implications for the trajectory of China's historical development. We trace the origins and evolution of the core elements of Confucianism and synthesize research on its relationship to clan culture, state...

Persistent link: https://www.econbiz.de/10015409892

Economic Models of Cultural Transmission

Bisin, Alberto; Verdier, Thierry - National Bureau of Economic Research - 2025

In this chapter we survey recent advances in modeling cultural transmission in the economics literature. We first present the basic canonical model of the evolution of cultural traits in the social sciences. Both Economics and Evolutionary anthropology build on this canonical model but their...

Persistent link: https://www.econbiz.de/10015421879

(Dis)Information Wars

Casillas, Adrian; Farboodi, Maryam; Hashemi, Layla; … - National Bureau of Economic Research - 2024

Over the past decade, social media platforms have emerged as prominent vehicles for displaying dissent. In response, various actors have increasingly spread fake news on these platforms to impair the opposition--the (dis)information war. We analyze a methodology to identify disinformation using...

Persistent link: https://www.econbiz.de/10015072838

Toward a Holistic Approach to Central Bank Trust

Eickmeier, Sandra; Petersen, Luba - National Bureau of Economic Research - 2024

We examine public trust in the European Central Bank (ECB) and its determinants using data from the Bundesbank … psychology, we offer a fresh perspective on the factors influencing central bank trust that is more holistic than the … their trust in the ECB, tend to express higher trust in the ECB. Conversely, those who place greater importance on values …

Persistent link: https://www.econbiz.de/10014635679

Credit History : The Changing Nature of Scientific Credit

Gans, Joshua S. - 2013

This paper considers the role of the allocation of scientific credit in determining the organization of science. We examine changes in that organization and the nature of credit allocation in the past half century. Our contribution is a formal model of that organizational choice that considers...

Persistent link: https://www.econbiz.de/10012459123