does culture matter? why?
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Culture matters to globalization, to economic and social rights, and to civil and political rights because the very idea of rights is a cultural construct. ... Both the force and appeal of rights and the resistance to that appeal are culturally imprinted
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Answer:Culture matters since it shifts the distribution from which preferences are drawn, by changing mk (without affecting v k *). 18 Cultures that have more negative views about women working, i.e., those with higher values of mk, will have, ceteris paribus, lower female LFP, i.e., (2) ∂ L k ∂ m k = - ϕ (v k * - m k σ) 1 σ < 0 where ϕ (x) is the pdf associated with standard normal distribution Φ (x).
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