“…Cultural traits are endogenous in this context. Allowing for interesting socioeconomic effects interacting with the socialization choices of parents, the basic cultural transmission model of Bisin and Verdier has been applied to several different environments and cultural traits and social norms of behavior, from preferences for social status (Bisin and Verdier (1998)), to corruption (Hauk and Sáez-Martí (2002)), hold up problems (Olcina and Penarrubia (2004)), development and social capital (Francois (2002)), intergenerational altruism (Jellal and Wolff (2002)), labor market discrimination and work ethics (Sáez-Martí and Zenou (2012)), globalization and cultural identities (Olivier, Thoenig, and Verdier (2008)), education Eckstein (2005, 2007), Patacchini and Zenou (2011)), and identity (Bisin, Patacchini, Verdier, and Zenou (2011a)).…”