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Culture, Institutions and Policy

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  • Tabellini, Guido
  • Persson, Torsten

Abstract

We review theoretical and empirical research on the dynamic interactions between cultures and institutions. We think about culture as a system of values and about institutions as formalized rules of the game. Our presentation is organized around a simple theoretical framework of political agency, which is gradually expanded so as to introduce new links and feedbacks between culture and institutions.

Suggested Citation

  • Tabellini, Guido & Persson, Torsten, 2020. "Culture, Institutions and Policy," CEPR Discussion Papers 15233, C.E.P.R. Discussion Papers.
  • Handle: RePEc:cpr:ceprdp:15233
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    References listed on IDEAS

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    More about this item

    Keywords

    Institutions; Culture; History; Development; Persistence;
    All these keywords.

    JEL classification:

    • H0 - Public Economics - - General
    • N0 - Economic History - - General
    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development

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