Social class and the spirit of capitalism

• 成果类型: Article; Proceedings Paper
• 署名作者: Doepke, M; Zilibotti, F
• 署名单位: University of California System; University of California Los Angeles; Federal Reserve System - USA; Federal Reserve Bank - Minneapolis
• 刊物名称: JOURNAL OF THE EUROPEAN ECONOMIC ASSOCIATION
• ISSN/ISSBN: 1542-4766
• DOI: 10.1162/1542476054473215
• 发表日期: 2005
• 页码: 516-524
• 关键词: fertility; GROWTH; INEQUALITY; DEMOCRACY; malthus; extend

摘要

One of the key social transformations that accompanied the British Industrial Revolution was the economic decline of the aristocracy. Standard theories of wealth inequality cannot explain why the aristocrats, in spite of their superior wealth and education, failed to be the main protagonists and beneficiaries of industrialization. We discuss recent research based on a model of endogenous preferences that is consistent with the demise of aristocracy.