Economists have been reluctant to rely on culture as a possible determinant of economic phenomena. The notion of … culture is so broad and the channels through which it can enter the economic discourse so vague that it is difficult to design … testable hypotheses. In this paper we show this does need to be the case. We introduce a narrower definition of culture that …

Economists have been reluctant to rely on culture as a possible determinant of economic phenomena. The notion of … culture is so broad and the channels through which it can enter the economic discourse so vague that it is difficult to design … testable hypotheses. In this paper we show this does need to be the case. We introduce a narrower definition of culture that …

and civic culture differs across communities. We also find that extension of voting rights to non-elites results in a …

debt crisis for some European countries to the point of threatening the Euro as a single currency. We show the conditions …

management of the Greek crisis and the resulting European Sovereign debt crisis. We show the conditions under which the …

and civic culture differs across communities. We also find that extension of voting rights to non-elites results in a …