Advances in the Economic Theory of Cultural Transmission
Journal article: In this paper we survey recent advances in the economic theory of cultural transmission. We highlight three main themes on which the literature has made great progress in the last ten years:the domain of traits subject to cultural transmission, the micro-foundations for the technology of transmission, and feedback effects between culture, institutions, and various socio-economic environments. We conclude suggesting interesting areas for future research.
Author(s)
Thierry Verdier, Alberto Bisin
Journal
- Annual Review of Economics
Date of publication
- 2023