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Long Term Persistence
Guiso, Luigi; Sapienza, Paola; Zingales, Luigi - C.E.P.R. Discussion Papers - 2008
’s conjecture that today marked differences in social capital between the North and South of Italy were due to the culture of …
Persistent link: https://www.econbiz.de/10005789085
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Social Capital as Good Culture
Guiso, Luigi; Sapienza, Paola; Zingales, Luigi - C.E.P.R. Discussion Papers - 2008
To explain the extremely long-term persistence (more than 500 years) of positive historical experiences of cooperation (Putnam 1993), we model the intergenerational transmission of priors about the trustworthiness of others. We show that this transmission tends to be biased toward excessively...
Persistent link: https://www.econbiz.de/10005791467
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Does Culture Affect Economic Outcomes?
Guiso, Luigi; Sapienza, Paola; Zingales, Luigi - C.E.P.R. Discussion Papers - 2006
Economists have been reluctant to rely on culture as a possible determinant of economic phenomena. The notion of … culture is so broad and the channels through which it can enter the economic discourse so vague that it is difficult to design … testable hypotheses. In this paper we show this does need to be the case. We introduce a narrower definition of culture that …
Persistent link: https://www.econbiz.de/10005661450
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Cultural Biases in Economic Exchange
Guiso, Luigi; Sapienza, Paola; Zingales, Luigi - C.E.P.R. Discussion Papers - 2005
instrumented with its cultural determinants. We conclude that perceptions rooted in culture are important (and generally omitted …
Persistent link: https://www.econbiz.de/10005661566