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Culturally based beliefs and labor market institutions

  • D'Orlando, Fabio
  • Ferrante, Francesco
  • Ruiu, Gabriele

This paper has two main goals. The first is to provide empirical evidence that differences in labor market institutions across countries and, specifically, in how they provide protection to workers, can be attributed to underlying differences in culturally based prior beliefs: in particular, people's fatalism and trust in others. The second goal is to single out the socio-economic determinants of these beliefs and the role of education in this regard.

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Article provided by Elsevier in its journal Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics).

Volume (Year): 40 (2011)
Issue (Month): 2 (April)
Pages: 150-162

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Handle: RePEc:eee:soceco:v:40:y:2011:i:2:p:150-162
Contact details of provider: Web page: http://www.elsevier.com/locate/inca/620175

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  18. D'Orlando, Fabio & Ferrante, Francesco, 2009. "The demand for job protection: Some clues from behavioural economics," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 38(1), pages 104-114, January.
  19. Yann Algan & Pierre Cahuc, 2006. "Job Protection: The Macho Hypothesis," Oxford Review of Economic Policy, Oxford University Press, vol. 22(3), pages 390-410, Autumn.
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