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The political unification of Italy in 1861 led to the establishment of a single market, by removing the trade barriers … same time, the Kingdom of Italy started a large infrastructure project to spread railways, which were largely confined in … Northern Italy, all over the country. Using tools from spatial econometrics, we find that railways played a positive effect on …
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The wealth possessed by households, identifiable as so-called net worth, varies greatly in quantity and form between different socioeconomic contexts. We describe several forms of wealth typically owned by consumer households, considering their economic and social effects. We analyze the...
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