firms and often issue several forecasts in a single day. We find that forecast accuracy declines over the course of a day as … the number of forecasts the analyst has already issued increases. Also consistent with decision fatigue, we find that the … closely with the consensus forecast, by self-herding (i.e., reissuing their own previous outstanding forecasts), and by …

This paper reviews the literature on culture and economics, focusing primarily on the epidemiological approach. The … effect of culture from the original economic and institutional environment. This approach has been used to study a variety of …

innovation in an individualist culture. This cultural effect may offset the negative effects of bad institutions on growth … individualism on growth through innovation. Using genetic data as instruments for culture we provide strong evidence of a causal … collectivism, in line with recent advances in biology and neuro-science. The effect of culture on long-run growth remains very …

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 … between culture and institutions …

disentangle the effects of culture, legal institutions, and poverty in driving violence. We address this problem by exploiting a …

This paper examines evidence on the role of assimilation versus source country culture in influencing immigrant women … to distinguish the effect of culture from that of social capital. These results support a growing literature that … suggests that culture matters for economic behavior. At the same time, the results suggest considerable evidence of …

previously thought. Persistence is also culture specific, in the sense that the country of origin of one's ancestors matters for …

We use micro data from the European Social Survey to investigate the impact of “culture of leisure” and taxes on labor … attributes of the country of residence and country of ancestry. The results show that for women, both taxes and culture of … margins, but culture of leisure has no impact …