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A range of evidence exists demonstrating that social capital is associated with a number of important economic outcomes such as economic growth, trade and crime. A recent literature goes further to illustrate how historical events and variation can lead to the development of differing and...
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The detection and measurement of the level of persistence on aggregate and disaggregate private consumption in Italy … concluded that that one cannot reject the presence of a significant process of persistence in aggregate and disaggregate … consumption in the three countries, even though each one displaying different levels of persistence. In particular, durables …
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