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We investigate the effects of civic norms and associational networks on crime rates. Civic norms may attach guilt and shame to criminal behaviour, thus increasing its opportunity cost. Associational networks may increase returns to non-criminal activities and raise detection probabilities, but...
Persistent link: https://www.econbiz.de/10014220144
This paper analyzes the historical determinants and long-term persistence of social capital, as well as its effect on economic development, by looking at the legacy of the commons in a Spanish region. In medieval times, common goods were granted to townships and were managed collectively by...
Persistent link: https://www.econbiz.de/10014110697
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