Accetturo, Antonio; de Blasio, Guido; Ricci, Lorenzo - In: Journal of Economic Behavior & Organization 102 (2014) C, pp. 74-89
Transfers can do good; however, they can also result in massive failures. This paper presents a model that highlights the ambiguous nature of the impact of transfers on local endowments of social capital. It then describes an empirical investigation that illustrates that the receipt of EU...
