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UID:event-9590@www.amse-aixmarseille.fr
DTSTAMP:20260414T224028Z
CREATED:20260414T224028Z
LAST-MODIFIED:20260414T224028Z
STATUS:CONFIRMED
SEQUENCE:0
SUMMARY:amse seminar - Yannis Ioannides
DTSTART:20221114T103000Z
DTEND:20221114T114500Z
DESCRIPTION:We examine the impact of culture on the joint evolution of corr
 uption and per capita GDP by augmenting the standard lifecycle model of cap
 ital accumulation with two endogenous state variables that describe institu
 tions and social norms\, and by two cultural parameters that proxy for indi
 vidual propensity to anti-social behavior\, and for group individualism or 
 collectivism. We explore alternative political selection processes over ins
 titutions\, defined over a one-dimensional agenda that pits "stronger" aga
 inst "weaker" property rights.For societies that share the same economic f
 undamentals but differ in culture\, our main theoretical finding is the fol
 lowing: there exist cultural convergence clubs separated by a barrier that 
 corresponds to a bifurcation in the space of culture and initial social nor
 ms. Societies with collectivist cultures and corruption-tolerant norms beha
 ve very differently from all others. Outcomes in those societies feature: (
 a) highly nonlinear GDP and corruption dynamics\; (b) dominant roles for cu
 lture and social norms as engines of institutional quality and growth\; (c)
  majorities that favor diluted property rights\; and (d) slow convergence t
 o balanced growth paths. These results agree with illustrative scatter plot
 s with international data for several alternative measures of corruption or
  culture\, raising the likelihood that formal econometric tests of them wil
 l prove fruitful.\\n\\nContact: Ewen Gallic: ewen.gallic[at]univ-amu.frAvne
 r Seror: avner.seror[at]univ-amu.fr\n\nPlus d'informations: https://www.ams
 e-aixmarseille.fr/en/events/yannis-ioannides-0
LOCATION:Îlot Bernard du Bois - Amphithéâtre\, AMU - AMSE\, 5-9 boulevar
 d Maurice Bourdet\, 13001 Marseille
URL;VALUE=URI:https://www.amse-aixmarseille.fr/en/events/yannis-ioannides-0
CONTACT:Ewen Gallic: ewen.gallic[at]univ-amu.frAvner Seror: avner.seror[at]
 univ-amu.fr
TRANSP:OPAQUE
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