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  • Culture and Institutions
    Alesina, Alberto; Giuliano, Paola

    Journal of economic literature, 12/2015, Volume: 53, Issue: 4
    Journal Article

    A growing body of empirical work measunng 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.