Linguistic Structures and Economic Outcomes

JournalJournal of Economic Surveys
AuthorsAstghik Mavisakalyan, Clas Weber
PublishedOctober 2017
PublisherWiley Online Publisher
Number of Pages24

Linguistic structures have recently started to attract attention from economists as determinants of economic phenomena. This paper provides the first comprehensive review of this nascent literature and its achievements so far. First, we explore the complex connections between language, culture, thought and behaviour. Then we summarise the empirical evidence on the relationship between linguistic structures and economic and social outcomes. We follow up with a discussion of data, empirical design and identification. The paper concludes by discussing implications for future research and policy.