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 …

culture are more likely to end up adopting democracy earlier than countries with a collectivist culture. Our empirical … analysis suggests a strong and robust association between individualistic culture and average polity scores and length of … countries with collectivist culture are also more likely to experience autocratic breakdowns and transitions from autocracy to …

While both cultural and legal norms (institutions) help foster cooperation, culture is the more primitive of the two … makes it difficult to identify the role played by culture. Cultural changes and their effects are easier to identify in … simpler, more controlled, environments, such as corporations. Corporate culture, thus, is not only interesting per se, but …

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 …

differences in the power structure of society: (1) the Ruler enjoyed weaker absolute power in Europe; (2) the People were more on … opportunities to access elite status than Premodern Europe, for example via the civil service exam and the absence of hereditary … differences between Imperial China and Premodern Europe, as well as specific institutions such as the bureaucracy in China and the …

European parliaments--a blueprint for Western Europe's institutional framework that promoted state-formation and economic …

The financial crisis has re-ignited the fierce debate about the merits of financial globalization and its implications …

primary schooling and literacy revolution in Europe. Under what conditions would we expect the same responses to globalization … abundant Europe and the high-wage, labor scarce New World. Those global forces contributed to a reduction in unskilled labor … scarcity in the New World and to a rise in unskilled labor scarcity in Europe. Thus, it contributed to rising inequality in …