Family Ties and Socio-Economic Outcomes in High vs Low Income Countries
研究了家庭纽带强度对经济结果的影响如何因国家经济和制度发展水平而异,发现强纽带在制度薄弱、市场受限的国家能提供有价值的社会网络。
Alesina and Giuliano illustrate that strong family ties lead to lower geographical mobility and reduced labour force participation of young and female individuals. We extend their analysis by arguing that the effect of strong family ties on economic outcomes depends on a country’s level of economic and institutional development. This cross-country heterogeneity arises because strong family ties not only foster traditional family values (which have disruptive effects on economic outcomes), but also provide economically valuable social networks – especially in societies characterised by weak institutions and limited market access. Empirical evidence using the European and World Value Surveys (EVS/WVS) are supportive of our theoretical argument.