Discussion paper

DP15233 Culture, Institutions and Policy

We review theoretical and empirical research on the dynamic interactions between cultures and institutions. We think about culture as a system of values and about institutions as formalized rules of the game. Our presentation is organized around a simple theoretical framework of political agency, which is gradually expanded so as to introduce new links and feedbacks between culture and institutions.


Persson, T and G Tabellini (2020), ‘DP15233 Culture, Institutions and Policy‘, CEPR Discussion Paper No. 15233. CEPR Press, Paris & London. https://cepr.org/publications/dp15233