L
Luigi Guiso
Researcher at Einaudi Institute for Economics and Finance
Publications - 260
Citations - 32121
Luigi Guiso is an academic researcher from Einaudi Institute for Economics and Finance. The author has contributed to research in topics: Stock market & Portfolio. The author has an hindex of 72, co-authored 256 publications receiving 28884 citations. Previous affiliations of Luigi Guiso include University of Salerno & University of Sassari.
Papers
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Does culture affect economic outcomes
Luigi Guiso,Luigi Guiso,Luigi Guiso,Paola Sapienza,Luigi Zingales,Luigi Zingales,Luigi Zingales +6 more
TL;DR: This paper introduced culturally-based explanations into economics that can be tested and may substantially enrich our understanding of economic phenomena, and summarized this approach and its achievements so far, and outlines directions for future research.
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The Role of Social Capital in Financial Development
TL;DR: In this article, the authors identify the effect of social capital on financial development by exploiting social capital differences within Italy and find that households are more likely to use checks, invest less in cash and more in stock, have higher access to institutional credit, and make less use of informal credit.
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Cultural Biases in Economic Exchange
TL;DR: This paper used data on bilateral trust between European countries and found that lower bilateral trust leads to less trade between two countries, less portfolio investment, and less direct investment, even after controlling for the characteristics of the two countries.
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Trusting the Stock Market
Luigi Guiso,Paola Sapienza,Paola Sapienza,Paola Sapienza,Luigi Zingales,Luigi Zingales,Luigi Zingales +6 more
TL;DR: In this article, the authors provide a new explanation to the limited stock market participation puzzle: less trusting individuals are less likely to buy stock and, conditional on buying stock, they will buy less.
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Does Local Financial Development Matter
TL;DR: In this article, the authors study the effects of differences in local financial development within an integrated financial market and construct a new indicator of financial development by estimating a regional effect on the probability that, ceteris paribus, a household is shut off from the credit market.