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Does Culture Matter?

Author

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  • Fernández, Raquel

    (New York University)

Abstract

This paper reviews the literature on culture and economics, focusing primarily on the epidemiological approach. The epidemiological approach studies the variation in outcomes across different immigrant groups residing in the same country. Immigrants presumably differ in their cultures but share a common institutional and economic environment. This allows one to separate the effect of culture from the original economic and institutional environment. This approach has been used to study a variety of issues, including female labor force participation, fertility, labor market regulation, redistribution, growth, and financial development among others.

Suggested Citation

  • Fernández, Raquel, 2010. "Does Culture Matter?," IZA Discussion Papers 5122, Institute of Labor Economics (IZA).
    • Handle: RePEc:iza:izadps:dp5122
    as

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    File URL: https://docs.iza.org/dp5122.pdf
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    References listed on IDEAS

    as
    1. Jesús Fernández-Villaverde & Jeremy Greenwood & Nezih Guner, 2014. "From Shame To Game In One Hundred Years: An Economic Model Of The Rise In Premarital Sex And Its De-Stigmatization," Journal of the European Economic Association, European Economic Association, vol. 12(1), pages 25-61, February.
    2. Raquel Fernández & Alessandra Fogli, 2006. "Fertility: The Role of Culture and Family Experience," Journal of the European Economic Association, MIT Press, vol. 4(2-3), pages 552-561, 04-05.
    3. Raquel Fernández & Alessandra Fogli & Claudia Olivetti, 2004. "Mothers and Sons: Preference Formation and Female Labor Force Dynamics," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 119(4), pages 1249-1299.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    culture; beliefs; preferences; norms;
    All these keywords.

    JEL classification:

    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • Z1 - Other Special Topics - - Cultural Economics
    • D01 - Microeconomics - - General - - - Microeconomic Behavior: Underlying Principles
    • D1 - Microeconomics - - Household Behavior

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