Showing 1 - 10 of 7,658
We construct an endogenous growth model that includes a cultural variable along the dimension of individualism-collectivism …. Collectivism leads to efficiency gains relative to individualism, but these gains are static, unlike the dynamic effect of …. The model predicts that more individualism leads to more innovation because of the social rewards associated with …
Persistent link: https://www.econbiz.de/10012462288
We construct a model of revolution and transition to democracy under individualistic and collectivist cultures. The main result is that, despite facing potentially larger collective action problems, countries with an individualistic culture are more likely to end up adopting democracy earlier...
Persistent link: https://www.econbiz.de/10012457549
We study the influence of agricultural labor intensity on individualism across U.S. counties. To measure historical … standard deviation in labor intensity is associated with a reduction of 0.2-0.4 standard deviations in individualism (as … geographic variation in individualism today …
Persistent link: https://www.econbiz.de/10012814418
We propose a general simulation-based procedure for estimating quality of approximate policies in heterogeneous-agent equilibrium models, which allows to verify that such approximate solutions describe a near-rational equilibrium. Our procedure endows agents with superior knowledge of the future...
Persistent link: https://www.econbiz.de/10013334330
"individualism", the average support for all 4 values, a moral stance orthogonal to the left-right divide. We ground this measure of … individualism in the sociology of Emile Durkheim …
Persistent link: https://www.econbiz.de/10013191037
Rugged individualism--the combination of individualism and anti-statism--is a prominent feature of American culture … with deep roots in the country's history of frontier settlement. Today, rugged individualism is more prevalent in counties … with greater total frontier experience (TFE) during the era of westward expansion. While individualism may be conducive to …
Persistent link: https://www.econbiz.de/10012481079
We study the correlation between a belief concerning individualism and a measure of luck in the US during the period … individualism. We provide three short models that help interpret this correlation. One implication of this finding is that societies …
Persistent link: https://www.econbiz.de/10012464092
Jackson Turner famously argued that the American frontier fostered individualism. We investigate the Frontier Thesis and … demographics and greater individualism. Long after the closing of the frontier, counties with greater TFE exhibit more pervasive … individualism and opposition to redistribution. This pattern cuts across known divides in the U.S., including urban-rural and north …
Persistent link: https://www.econbiz.de/10012453717
The functioning and well-being of any society and organization critically hinges on norms of cooperation that regulate social activities. Empirical evidence on how such norms emerge and in which environments they thrive remains a clear void in the literature. To provide an initial set of...
Persistent link: https://www.econbiz.de/10012458432
individualism, which is imbued with moral universalism, America's "rugged individualism" is instead particularistic. We link this … American and European individualism …
Persistent link: https://www.econbiz.de/10014544712