Endogenous Indoctrination: Occupational Choices, the Evolution of Beliefs and the Political Economy of Reforms
AbstractI analyse a model where workers self-select in the educational occupation in a way which is correlated with their beliefs about the working of the market economy. Teachers have a disproportionate effect on the transmission of beliefs. Therefore, they generate a bias which makes it harder for the population to learn the true parameters of the economy if these are favourable to the market economy. Two parameters determine this bias. Social entropy defines how predictable one's occupation is as a function of one's beliefs. Heritability is the weight of the family's beliefs in the determination of the priors of a new generation. Both heritability and social entropy reduce the bias and make it easier to learn that the market economy is "good", under the assumption that it is. Copyright � The Author(s). Journal compilation � Royal Economic Society 2010.
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Bibliographic InfoArticle provided by Royal Economic Society in its journal The Economic Journal.
Volume (Year): 120 (2010)
Issue (Month): 544 (05)
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Other versions of this item:
- Saint-Paul, Gilles, 2009. "Endogenous Indoctrination: Occupational Choice, the Evolution of Beliefs, and the Political Economy of Reform," IDEI Working Papers 556, Institut d'Économie Industrielle (IDEI), Toulouse.
- Saint-Paul, Gilles, 2009. "Endogenous Indoctrination: Occupational Choice, the Evolution of Beliefs, and the Political Economy of Reform," IZA Discussion Papers 4468, Institute for the Study of Labor (IZA).
- Saint-Paul, Gilles, 2009. "Endogenous Indoctrination: Occupational Choice, the Evolution of Beliefs, and the Political Economy of Reform," CEPR Discussion Papers 7335, C.E.P.R. Discussion Papers.
- Saint-Paul, Gilles, 2009. "Endogenous Indoctrination: Occupational Choice, the Evolution of Beliefs, and the Political Economy of Reform," TSE Working Papers 09-033, Toulouse School of Economics (TSE).
- I2 - Health, Education, and Welfare - - Education
- J45 - Labor and Demographic Economics - - Particular Labor Markets - - - Public Sector Labor Markets
- P16 - Economic Systems - - Capitalist Systems - - - Political Economy of Capitalism
- P5 - Economic Systems - - Comparative Economic Systems
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Blog mentionsAs found by EconAcademics.org, the blog aggregator for Economics research:
- Policy inertia through educational elites
by Economic Logician in Economic Logic on 2009-11-24 15:43:00
- The (changing?) role of the intellectuals
by Pedro S. Martins in The Portuguese Economy on 2011-04-25 22:28:00
- Fuchs-Schündeln, Nicola & Masella, Paolo, 2013. "Long-Lasting Effects of Socialist Education," Annual Conference 2013 (Duesseldorf): Competition Policy and Regulation in a Global Economic Order 79865, Verein für Socialpolitik / German Economic Association.
- Friedrich Heinemann & Theocharis Grigoriadis, 2013. "Origins of Reform Resistance and the Southern European Regime," WWWforEurope Working Papers series 20, WWWforEurope.
- Radu Vranceanu & Jérôme Barthélémy, 2011.
"Knowledge in economics and economic reform : an analysis of French survey data,"
- Vranceanu, Radu & Barthélémy, Jérôme, 2011. "Knowledge in economics and economic reform : An analysis of French survey data," ESSEC Working Papers WP1103, ESSEC Research Center, ESSEC Business School.
- Franck, Raphaël & Johnson, Noel D. & Nye, John V.C., 2014. "From internal taxes to national regulation: Evidence from a French wine tax reform at the turn of the twentieth century," Explorations in Economic History, Elsevier, vol. 51(C), pages 77-93.
- Tilman Klumpp & Xuejuan Su, 2013. "A theory of perceived discrimination," Economic Theory, Springer, vol. 53(1), pages 153-180, May.
- repec:rdg:wpaper:em-dp2011-02 is not listed on IDEAS
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