Do institutions and culture affect environmental values? In this article we analyze 1,041 environmental valuations of … 223 wetlands in 38 developing countries, to examine the effect of institutions and culture on environmental values. We … wetland valuations. Understanding these important and varying effects of institutions and culture on wetland valuations is …

between culture and institutions. …A growing body of empirical work measuring different types of cultural traits has shown that culture matters for a … variety of economic outcomes. This paper focuses on one specific aspect of the relevance of culture: its relationship to …

-of-origin composition of a county matters. Moreover, the culture, institutions, and human capital that the immigrant groups brought with …, measures of culture that capture attitudes towards cooperation play the most important and robust role. Finally, our results …

Using the 41-year division of Germany as a natural experiment, we show that the GDR's gender-equal institutions created … a culture that has undone the male breadwinner norm and its consequences. Since reunification, East Germany still …

Markets are ubiquitous in our daily life and, despite many imperfections, they are a great source of human welfare …. Nevertheless, there is a heated recent debate on whether markets erode social responsibility and moral behavior. In fact …, competitive pressure on markets may create strong incentives for unethical practices (like using child labor) to increase …

This paper studies how an institution such as markets affects the evolution of mankind. My key point is that the forces …

Market completeness has important implications for household behavior. I firmly reject complete markets for …