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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...
Persistent link: https://www.econbiz.de/10013233222
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...
Persistent link: https://www.econbiz.de/10012466672
-trust equilibrium. In this context, a temporary shock to the return to trusting can have a permanent effect on the level of trust. We …
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-trust equilibrium. In this context, a temporary shock to the return to trusting can have a permanent effect on the level of trust. We …
Persistent link: https://www.econbiz.de/10005791467
institutional factors. We use the World Values Surveys to identify the relationship between intensity of religious beliefs and …, differentiating on whether a religion is dominant in a country. We find that on average, religious beliefs are associated with ‘good …
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