600 years later, the same families in this city still have the wealth
A comparison of tax records in 1427 and 2011 shows the big earners today are descended from the same families at the top of the socioeconomic ladder six centuries ago.
Sauro Mocetti is a senior economist at the DG for Economics, Statistics and Research of the Bank of Italy. He got a MSc in Economics from Universitat Pompeu Fabra in 2004 and a PhD in Economics from University of Bologna in 2006. His research interests are in applied economics, labour economics, urban economics and public economics.