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Advances in the Economic Theory of Cultural Transmission

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  • Alberto Bisin
  • Thierry Verdier

Abstract

In this paper we survey recent advances in the economic theory of cultural transmission. We highlight three main themes on which the literature has made great progress in the last ten years: the domain of traits subject to cultural transmission, the micro-foundations for the technology of transmission, and feedback effects between culture, institutions, and various socio-economic environments. We conclude suggesting interesting areas for future research.

Suggested Citation

  • Alberto Bisin & Thierry Verdier, 2022. "Advances in the Economic Theory of Cultural Transmission," NBER Working Papers 30466, National Bureau of Economic Research, Inc.
    • Handle: RePEc:nbr:nberwo:30466
    Note: DEV POL
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    JEL classification:

    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • P16 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Capitalist Institutions; Welfare State
    • P48 - Political Economy and Comparative Economic Systems - - Other Economic Systems - - - Legal Institutions; Property Rights; Natural Resources; Energy; Environment; Regional Studies

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