资源描述：
《cultural differences and institutional integration文化差异与制度整合》由会员上传分享，免费在线阅读，更多相关内容在教育资源-天天文库。
1、CulturalDi¤erencesandInstitutionalIntegrationLuigiGuisoHeliosHerreraMassimoMorelliEIEF&CEPRHECMontréalUniversitàBocconi,IGIER&NBERThisVersion:November5,2015.FirstVersion:November2011.AbstractIfcitizensofdi¤erentcountriesbelongingtoaneconomicunionadheretodi¤erentanddeepl
2、yrootedculturalnorms,whenthesecountriesinteracttheymay…nditimpossibletoagreeone¢cientpolicies,especiallyinhardtimes.Politicalleadersareboundtofollowpoliciesthatdonotviolatetheircountry’sculturalnorms.ThispaperprovidesasimplepositivetheoryandacompellingcasestudyoftheEuroa
3、reacrisistohighlighttheimportanceofculturalclasheswheneconomiesintegrate.Wealsoprovideanormativeargu-mentaboutthedesirabilityofinstitutionalintegration:apoliticalunion,withacommonenforcementagency,isthemorebene…cialthegreaterisculturaldiversityinaneconomicunion.Keywords:
4、CulturalNorms,Institutions,EuroArea,CrisisMismanage-ment.JELclassi…cationnumbers:D72Thispaperpreviouslycirculatedunderthetitle"ACulturalClashViewoftheEuroCrisis."WethanktwoanonymousrefereesaswellasSaschaBecker,AlbertoBisin,SerraBoranbay,FrancescoGiavazzi,GilatLevy,Assar
5、Lindbeck,EliasPapaioannou,JohnPatty,GiacomoPonzetto,AndreiShleifer,EnricoSpolaore,FrancescoSquintani,LivioStracca,SebastianTurban,PhilippeWeilandparticipantsatvariousworkshopsforgreatsuggestionsandcomments.Theusualdisclaimerapplies.1‘Europewillbeforgedincrisesandwillbeth
6、esumofthesolutionsadoptedforthosecrises’(JeanMonnet).1IntroductionOverthepast20yearstherehasbeenaremarkableincreaseineconomicunionsandtradeintegrationdrivenbytheprospectthatintegratingcountrieswouldbene…tfromeconomiesofscaleandaccesstoalargermarket.Thisprocesshastakenava
7、rietyofforms.Some,liketheproliferationofbilateraltradeagreements,arerelativelycontainedinscope.Attheotherextreme,economicandcurrencyunions,suchasthosesetupbytheCaribbeancountriesandmostnotablybytheEuroareacountries,havefarreachingimplicationsforthenatureoftheinteractions
8、inthemergedpoolofheterogenouspopulations.Theselatteragreementscanbeviewedaspartofaprocessthatleadsgeogr
