Does culture affect economic outcomes?

In her research, Paola Sapienza argues that immigrants are good proof of the invariance of culture. Their preferences and beliefs are formed by their country of origin, but they may live in economic conditions that are very different from the country they’re from. If culture didn’t play a role, immigrants from different countries, or immigrants and non-immigrants that live in similar economic situations, would share the same preferences and beliefs. However, Sapienza’s work shows that this is not the case.

 

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Topics:  Migration

Tags:  immigration, Culture

Professor, Kellogg School of Management, Northwestern University

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CEPR Policy Research