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Social capital and economic growth

Essential readings

Important readings

Putnam, R. (1993). Making Democracy Work: Civic Traditions in Modern Italy

Why do some democratic governments succeed and others fail? In a book that has received attention...

Algann, Y., Cahuc, P. (2010). Inherited Trust and Growth. American Economic Review, 100(5): 2060–92.

This paper develops a new method to uncover the causal e¤ect of trust on economic growth, by...

Zak, P. J., Knack, S. (2001). Trust and Growth. The Economic Journal 111 (470), 295-321

Why does trust vary so substantially across countries? This paper presents a general equilibrium...

Reading list archive

Fafchamps, M. (2006). Development and social capital. Journal of Development Studies 42 (7), 1180-1198

This paper examines social capital and its relation with economic development. We focus on the role...

Fisk, D. (2005). Limits to growth may be subtle but still inexorable. Nature 434, 271

Dick Taverne, in his review of James Gustave Speth's recent book Red Sky at Morning, comments...

Fisk, D. (2010). Economic growth: A gross measure. Nature 468 (7327), 1041

Gross domestic product (GDP) is as poor a measure of the economy as it is of welfare (Nature 468,...

Gradstein, M., Justman, M. (2002). Education, social cohesion, and economic growth. American Economic Review 92 (4), 1192-1204

Analysis of the contribution of education to growth through its role in promoting a common culture...

Growiec, J., Growiec, K. (2009). Social Capital, Trust, and Multiple Equilibria in Economic Performance. MPRA Paper 19518

We propose a novel mechanism giving rise to poverty traps and multiple equilibria in economic...

Guiso, L. (2010). A trust-driven financial crisis. Implications for the future of financial markets. EUI Working paper ECO2010/07

Luigi Guiso (European University Institute) Abstract The financial crisis has brought to light...

Guiso, L. Sapienza, P., Zingales, L. (2009). Cultural biases in Economic Exchange? Quarterly Journal of Economics 124 (3): 1095-1131.

How much do cultural biases affect economic exchange? We answer this question by using data on...

Guiso, L., Sapienza, P-, Zingales, L. (2006). Does Culture Affect Economic Outcomes? Journal of Economic Perspectives 20(2): 23-48

Until recently, economists have been reluctant to rely on culture as a possible determinant of...

Guiso, L., Sapienza, P., Zingales, L. (2004). The role of social capital in financial development. American Economic Review 94(3): 526–556.

To identify the effect of social capital on financial development, we exploit social capital...

Guiso, L., Sapienza, P., Zingales, L. (2009). Cultural biases in economic exchange? Quarterly Journal of Economics, 124 (3), 1095-1131.

How much do cultural biases affect economic exchange? We try to answer this questio by using data...

Guiso, L., Sapienza, P., Zingales, L. (2010). Civic capital as the missing link. NBER Working paper 15845

This chapter reviews the recent debate about the role of social capital in economics. We argue that...

Guiso, L., Sapienza, P., Zingales, L. (2016). Long term persistence. Journal of the European Economic Association 14-6, 1401–1436

We study whether a positive historical shock can generate long-term persistence in development. We...

Horváth, R. (2012). Does Trust Promote Growth? IESEES Working Paper 319

We examine the effect of generalized trust on long-term economic growth. Unlike in previous studies...

Upcoming events

2018-09-12

Social capital, public participation and democracy

Wed, 2018-09-12 - Fri, 2018-09-14

2018-11-15

Networks and Innovation

Thu, 2018-11-15 - Sat, 2018-11-17