Croyances culturelles éducation et croissance
[Cultural beliefs education and growth]
We consider a growth model with education, externalities and a cultural norm . We show that endogenous emergence of this cultural belief may lead to increasing the stock of human capital and accelerating national growth.The mechanism of this internalization is based on the existence of endogenous social status or identity pattern that encourages to the accumulation of knowledge. This cultural norm is presented as an informal mechanism which may be an effective substitute tool to a the formal institution given by a system of income taxation.
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"Satisfaction and Comparison Income,"
Economics Discussion Papers
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"Social Status and Economic Performance: A Survey,"
University of Chicago - George G. Stigler Center for Study of Economy and State
139, Chicago - Center for Study of Economy and State.
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