Showing 1 - 10 of 2,441
This paper empirically analyzes the net effect of trade openness on ‘economic culture,' measured by indicators of trust, respect, level of self-determination, and obedience. Openness to international trade means that societies are more likely to be exposed to alternative attitudes, beliefs,...
Persistent link: https://www.econbiz.de/10013152867
We study the role of the most primitive institution in society: the family. Its organization and relationship between generations shape values formation, economic outcomes, and influences national institutions. We use a measure of family ties, constructed from the World Values Survey, to review...
Persistent link: https://www.econbiz.de/10014025607
This paper presents a survey of the theoretical and empirical literature on cultural transmission and socialization. It has been prepared for the Handbook of Social Economics , edited by Jess Benhabib, Alberto Bisin, and Matt Jackson, to be published by Elsevier Science in 2010.
Persistent link: https://www.econbiz.de/10014025694
Culture itself forms society's identity, social values, and formal and informal social relations. This strengthens social capital, which is based on community, citizenship, volunteerism, and social values. These aspects promote effective democratic governance, and thereby ensure economic growth...
Persistent link: https://www.econbiz.de/10014464995
The increasing wage inequality in many countries is usually seen as brought about by economic forces that drive for …
Persistent link: https://www.econbiz.de/10008936984
Does redistribution in democracies cater to the will of the majority? We propose a direct empirical strategy based on survey data that needs not assume that voters are guided by pecuniary motives alone. We find that most democracies implement the median voter's preferred amount of redistribution...
Persistent link: https://www.econbiz.de/10011307797
also seems to be a key driver of income/resource inequality. In this essay, I review the evidence for the joint relation … between energy, hierarchy and inequality. I then speculate about what it implies for achieving a sustainable and equitable …
Persistent link: https://www.econbiz.de/10012429183
The literature shows that when a society believes that wealth is determined by random "luck" rather than by merit, it demands more redistribution. Adverse shocks, like earthquakes, strengthen the belief that random "bad luck" can frustrate the outcomes achieved with merit. We theoretically...
Persistent link: https://www.econbiz.de/10011850250
Persistent link: https://www.econbiz.de/10002292876