Culture: Persistence and evolution

Francesco Giavazzi, Ivan Petkov, Fabio Schiantarelli 16 June 2014

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Are a person’s values and beliefs persistent, or do they evolve – possibly rather quickly – in response to the economic and institutional environment? This is a central question, for instance, if one is interested in assessing the likelihood of success of reforms that change rules within a country. Are such reforms doomed because a country’s culture cannot be changed, or can they succeed because they can change cultural attitudes by altering incentives, and if so, over what time horizon?

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Topics:  Frontiers of economic research Institutions and economics Migration

Tags:  US, immigration, religion, values, Culture, attitudes, beliefs