Cultural Beliefs, Values and Economics: A Survey

Annalisa Marini

MPRA Paper from University Library of Munich, Germany

Abstract: The present work reviews the relation between culture and economics; in doing so, we often distinguish between the historical component of culture (i.e. inherited values) and its contemporaneous component (i.e. social interactions). First, the paper emphasizes which cultural traits are relevant in economics, reviews situations where culture affects economic outcomes and addresses the relevance of culture across time and space. Then, it explains the theoretical framework of reference for the transmission of both contemporaneous and inherited culture. Finally, it presents econometric techniques available to the researchers and suitable to investigate the impact of culture on economic outcomes, providing suggestions for future research.

Keywords: Contemporaneous Culture; Inherited Culture; Cultural Econometrics (search for similar items in EconPapers)
JEL-codes: C0 Z1 (search for similar items in EconPapers)
Date: 2016-01
New Economics Papers: this item is included in nep-cul, nep-evo, nep-his, nep-hpe and nep-soc
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:69747

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