Luigi Guiso, AXA Professor of Household Finance at EIEF, Paola Sapienza (Northwestern University) and Luigi Zingales (Chicago Booth School of Business) have been awarded the 2018 Hicks-Tinbergen medal for their paper “Long-Term Persistence”, which is one of the first studies establishing a link between specific historical modes of governance and current “civic capital”, such as trust.

   

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