Beiträge zur Jahrestagung des Vereins für Socialpolitik 2017: Alternative Geld- und Finanzarchitekturen - Session: Education Economics II No. C11-V3
This paper studies the influence of cultural norms on economic outcomes. We combine detailed information on second-generation female immigrants with historical data from their ancestral source country to see how the cultural endowment received from their fathers affects current decisions. Our results show that education plays a critical role in cultural transmission: lower-educated women exhibit a strong influence of cultural variables while higher-educated women show no influence at all.