Long Term Persistence

Luigi Guiso, Paola Sapienza, Luigi Zingales

NBER Working Paper No. 14278
Issued in August 2008

---- Acknowledgments ----

We thank Francesco Giavazzi, Paola Giuliano, Eliana La Ferrara, Giuliano Milani, Guido Tabellini, and participants in seminars at Brown University, the University of Chicago and the NBER for very helpful comments. We are extremely grateful to Giuliano Milani for his advice and help in obtaining data and references on Medieval history. Antonello Montesanti has very kindly given us access to his data on the Etruscan origin of Italian cities. Lorenzo Ciari and Marcello Sartarelli have provided excellent research assistance and Peggy Eppink and Janice Luce invaluable editorial help. Luigi Guiso thanks the European University Institute, Paola Sapienza the Zell Center, and Luigi Zingales the Center for Research in Security Prices (CRSP), the Stigler Center, and the Initiative on Global Markets at the University of Chicago for financial support. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.

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