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Cultural Beliefs, Values and Economics: A Survey

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  • Marini, Annalisa

Abstract

The present work reviews the relation between culture and economics; in doing so, we often distinguish between the historical component of culture (i.e. inherited values) and its contemporaneous component (i.e. social interactions). First, the paper emphasizes which cultural traits are relevant in economics, reviews situations where culture affects economic outcomes and addresses the relevance of culture across time and space. Then, it explains the theoretical framework of reference for the transmission of both contemporaneous and inherited culture. Finally, it presents econometric techniques available to the researchers and suitable to investigate the impact of culture on economic outcomes, providing suggestions for future research.

Suggested Citation

  • Marini, Annalisa, 2016. "Cultural Beliefs, Values and Economics: A Survey," MPRA Paper 69747, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:69747
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    More about this item

    Keywords

    Contemporaneous Culture; Inherited Culture; Cultural Econometrics;

    JEL classification:

    • C0 - Mathematical and Quantitative Methods - - General
    • Z1 - Other Special Topics - - Cultural Economics

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