On the Joint Evolution of Culture and Political Institutions: Elites and Civil Society

Alberto Bisin and Thierry Verdier

Journal of Political Economy, 2024, vol. 132, issue 5, 1485 - 1564

Abstract: We provide an abstract model of the interaction between culture and political institutions. The model is designed to study the political economy of elites and civil society on the determination of long-run socioeconomic activity. We characterize conditions such that the cultural traits of elites and civil society and the institutions determining their relative political power complement (substitute) each other, giving rise to a multiplier effect that amplifies (dampens) their combined ability to spur socioeconomic activity. We show how the joint dynamics may display hysteresis and oscillations, depending on the form of the interaction between elites and civil society.

Date: 2024
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Working Paper: On the Joint Evolution of Culture and Political Institutions: Elites and Civil Society (2024)
Working Paper: On the Joint Evolution of Culture and Political Institutions: Elites and Civil Society (2024)
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