Culture and Institutions
68 Pages Posted: 20 Dec 2013 Last revised: 20 Jun 2021
Date Written: December 2013
A growing body of empirical work measuring different types of cultural traits has shown that culture matters for a variety of economic outcomes. This paper focuses on one specific aspect of the relevance of culture: its relationship to institutions. We review work with a theoretical, empirical, and historical bent to assess the presence of a two-way causal effect between culture and institutions.
Suggested Citation: Suggested Citation