Crediting the Poor: The Effect of Italian Monti di Pietà on Social Capital

Working paper by Costanza Marconi and Domenico Rossignoli on Franciscan preaching, Monti di Pietà, and social capital in 15th-century Italy.

Costanza Marconi and Domenico Rossignoli · Working paper

Abstract

Religious persuasion through Franciscan preaching causally drove the emergence of Monti di Pietà in 15th-century Italy by legitimizing lending, particularly in contexts shaped by natural disasters.

How to cite

APA

Marconi, C., & Rossignoli, D. (2026). Crediting the poor: The effect of Italian Monti di Pietà on social capital [Working paper].

BibTeX

@unpublished{marconi2026crediting,
  author = {Marconi, Costanza and Rossignoli, Domenico},
  title  = {Crediting the Poor: The Effect of Italian Monti di Piet{\`a} on Social Capital},
  note   = {Working paper},
  year   = {2026}
}

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