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on Evolutionary Economics |
By: | Jacob Moscona; Nathan Nunn; James A. Robinson |
Abstract: | We present evidence that the traditional structure of society is an important determinant of the scope of trust today. Within Africa, individuals belonging to ethnic groups that organized society using segmentary lineages exhibit a more limited scope of trust, measured by the gap between trust in relatives and trust in non-relatives. This trust gap arises because of lower levels of trust in non-relatives and not higher levels of trust in relatives. A causal interpretation of these correlations is supported by the fact that the effects are primarily found in rural areas where these forms of organization are still prevalent. |
JEL: | N00 O10 Z1 Z13 |
Date: | 2017–02 |
URL: | http://d.repec.org/n?u=RePEc:nbr:nberwo:23196&r=evo |
By: | Quamrul H. Ashraf; Oded Galor |
Abstract: | The importance of evolutionary forces for comparative economic performance across societies has been the focus of a vibrant literature, highlighting the roles played by the Neolithic Revolution and the prehistoric “out of Africa” migration of anatomically modern humans in generating worldwide variations in the composition of human traits. This essay surveys this literature and examines the contribution of a recent hypothesis regarding the evolutionary origins of comparative economic development, set forth in Nicholas Wade’s A Troublesome Inheritance: Genes, Race and Human History , to this important line of research. |
JEL: | N10 N30 O11 Z10 |
Date: | 2017–02 |
URL: | http://d.repec.org/n?u=RePEc:nbr:nberwo:23199&r=evo |
By: | Strulik, Holger |
Abstract: | In this paper I consider how individuals allocate their time between church attendance (and other religious activities) and secular leisure activities. Moreover individuals use a cognitive style, which is either intuitive-believing or reflective-analytical. I assume that the full benefit from religious activities is achieved by intuitive believers. The model predicts that, ceteris paribus, wealthier individuals and individuals with higher cognitive ability are more likely to abandon the intuitive-believing cognitive style. They may continue to attend church but do so less frequently than intuitive believers. In general equilibrium, there exists a locally stable steady state where believing and frequent church attendance is widespread across the social strata. A sufficiently large negative shock (e.g. the Enlightenment, repeal of Sunday shopping laws), however, initiates the gradual secularization of society. |
JEL: | N30 D11 Z12 |
Date: | 2016 |
URL: | http://d.repec.org/n?u=RePEc:zbw:vfsc16:145591&r=evo |
By: | Jeremy Greenwood (University of Pennsylvania); Nezih Guner (CEMFI, Centro de Estudios Monetarios y Financieros); Guillaume Vandenbroucke (Federal Reserve Bank of St. Louis) |
Abstract: | Powerful currents have reshaped the structure of families over the last century. There has been (i) a dramatic drop in fertility and greater parental investment in children; (ii) a rise in married female labor-force participation; (iii) a significant decline in marriage and a rise in divorce; (iv) a higher degree of positive assortative mating; (v) more children living with a single mother; (vi) shifts in social norms governing premarital sex and married women's roles in the workplace. Macroeconomic models explaining these aggregate trends are surveyed. The relentless flow of technological progress and its role in shaping family life are stressed. |
Keywords: | Assortative mating, baby boom, baby bust, family economics, female labor supply, fertility, household income inequality, household production, human capital, macroeconomics, marriage and divorce, quality-quantity tradeoff, premarital sex, quantitative theory, single mothers, social change, survey paper, technological progress, women's rights. |
JEL: | D58 E1 E13 J1 J2 J12 J13 J22 N30 O3 O11 O15 |
Date: | 2017–01 |
URL: | http://d.repec.org/n?u=RePEc:cmf:wpaper:wp2017_1706&r=evo |
By: | Martin Fiszbein |
Abstract: | This paper examines the role of agricultural diversity in the process of development. Using data from U.S. counties and exploiting climate-induced variation in agricultural production patterns, I show that mid-19th century agricultural diversity had positive long-run effects on population density and income per capita. Examining the effects on development outcomes over time, I find that early agricultural diversity fostered structural change during the Second Industrial Revolution. Besides stimulating industrialization, agricultural diversity boosted manufacturing diversification, patent activity, and new labor skills, as well as knowledge- and skill-intensive industries. These results are consistent with the hypothesis that diversity spurs the acquisition of new ideas and new skills because of the presence of cross-sector spillovers and complementarities. |
JEL: | N11 N12 N51 O13 O14 |
Date: | 2017–02 |
URL: | http://d.repec.org/n?u=RePEc:nbr:nberwo:23183&r=evo |
By: | Francesco Bogliacino; Cristiano Codagnone |
Abstract: | The article discusses whether and to what extent experiments can contribute to a research paradigm based on the study of human behaviour in complex evolving environments and on the problem of asymmetric adjustment among different components of economic system along certain trajectories, focusing on the possibility that experimental evidence may represent an external consistency check on this type of heterodox modelling. It considers methodological issues related with the concept of validity, the evidence on rationality of human agents, and the possibility to identify a microfoundation alternative to homo oeconomicus, discussing the evidence on humans as strong reciprocators, as trusting individuals and as embedded in social norms. |
Keywords: | Experiments; Causality; Heuristics; Learning; Bounded Rationality; Altruism; Punishment; Trust; Norms |
JEL: | C9 C18 D01 D03 |
Date: | 2017–02–24 |
URL: | http://d.repec.org/n?u=RePEc:col:000178:015379&r=evo |