EconPapers    
Economics at your fingertips  
 

Inequality and Growth: The Role of Beliefs and Culture

Martin Strieborny

Cahiers de Recherches Economiques du Département d'économie from Université de Lausanne, Faculté des HEC, Département d’économie

Abstract: In egalitarian countries people believe that luck rather than hard work determines success in life and expect their government to provide both economic growth and social equity. This leads to a stronger dynamic interplay between government interventions, inequality and growth within such countries. The presented results thus confirm the importance of cultural factors and economic beliefs in shaping the inequality-growth link. More fundamentally, the paper demonstrates that cultural background does not only influence the long-run economic outcomes, but can also affect the joint dynamics of real economic variables within countries over time.

Keywords: culture; inequality; growth (search for similar items in EconPapers)
JEL-codes: O15 O40 P16 Z1 (search for similar items in EconPapers)
Pages: 30 pages + appendix
Date: 2010-11
New Economics Papers: this item is included in nep-cis, nep-cul, nep-dev, nep-fdg, nep-hap, nep-pbe and nep-soc
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.hec.unil.ch/deep/textes/10.15.pdf (application/pdf)

Related works:
Working Paper: Inequality and Growth: The Role of Beliefs and Culture (2013) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:lau:crdeep:10.15

Access Statistics for this paper

More papers in Cahiers de Recherches Economiques du Département d'économie from Université de Lausanne, Faculté des HEC, Département d’économie Université de Lausanne, Faculté des HEC, Département d’économie, Internef, CH-1015 Lausanne. Contact information at EDIRC.
Bibliographic data for series maintained by Christina Seld ().

 
Page updated 2024-06-12
Handle: RePEc:lau:crdeep:10.15