Abstract
In this article 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 10 years: the domain of traits subject to cultural transmission; the microfoundations for the technology of transmission; and feedback effects between culture, institutions, and various socioeconomic environments. We conclude by suggesting interesting areas for future research.
Original language | English (US) |
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Pages (from-to) | 63-89 |
Number of pages | 27 |
Journal | Annual Review of Economics |
Volume | 15 |
DOIs | |
State | Published - Sep 13 2023 |
Keywords
- cultural transmission
- evolution of institutions
ASJC Scopus subject areas
- Economics and Econometrics