TY - JOUR AU - Bisin, Alberto AU - Verdier, Thierry TI - The Economics of Cultural Transmission and Socialization JF - National Bureau of Economic Research Working Paper Series VL - No. 16512 PY - 2010 Y2 - November 2010 DO - 10.3386/w16512 UR - http://www.nber.org/papers/w16512 L1 - http://www.nber.org/papers/w16512.pdf N1 - Author contact info: Alberto Bisin Department of Economics New York University 19 West 4th Street, 5th Floor New York, NY 10012 Tel: 212/998-8916 Fax: 212/995-4186 E-Mail: alberto.bisin@nyu.edu Thierry Verdier PSE and Ecole des Ponts-Paris Tech and PUC-Rio 48 Boulevard Jourdan 75014 Paris, France E-Mail: verdier@pse.ens.fr AB - Cultural transmission arguably plays an important role in the determination of many fundamental preference traits (e.g., discounting, risk aversion and altruism) and most cultural traits, social norms, and ideological tenets ( e.g., attitudes towards family and fertility practices, and attitudes in the job market). It is, however, the pervasive evidence of the resilience of ethnic and religious traits across generations that motivates a large fraction of the theoretical and empirical literature on cultural transmission. This article reviews the main contributions of models of cultural transmission, from theoretical and empirical perspectives. It presents their implications regarding the long-run population dynamics of cultural traits and cultural heterogeneity, the world's geographical fragmentation by ethic and religious traits, at any given time. Finally, the paper reviews the empirical literature which estimates various properties of cultural transmission mechanisms as well as the population dynamics of specific traits. ER -