Guiso, Luigi; Sapienza, Paola; Zingales, Luigi - C.E.P.R. Discussion Papers - 2008
Is social capital long lasting? Does it affect long term economic performance? To answer these questions we test Putnam …’s conjecture that today marked differences in social capital between the North and South of Italy were due to the culture of … the medieval experience of independence has an impact on social capital within the North, even when we instrument for the …