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Data for Banks and development : Jewish communities in the Italian Renaissance and current economic performance Luigi Pascali (24811246) Banks and banking -- Italy -- 16th century Italy -- Economic conditions -- 16th century Economic development -- Italy -- 16th century Cities and towns -- Italy -- 16th century Usury laws -- Italy -- 16th century Jews -- Persecutions -- Italy -- 16th century Migrated from ePrints Are differences in local banking development long lasting? Do they affect economic performance? I answer these questions by relying on a historical development that occurred in Italian cities during the Renaissance. A change in Catholic doctrine led to the development of modern banks in cities hosting Jewish communities. Using Jewish demography in 1500 as an instrument, I provide evidence of extraordinary persistence in the level of banking development across Italian cities and substantial effects of local banks on per capita income. Additional firm-level analyses suggest that banks exert large effects on aggregate productivity by reallocating resources toward more efficient firms.<br><br>Data record consists of 3 data files, in .do and .dta format, and a readme file. In order to replicate the results copy the files TEMP_replicate.dta, TEMP_replicate2.dta, Replicating_tables.do in the same directory and run the file Replicating_tables.do in Stata 13. The variables contained within each .dta file are listed in the readme file. 2014-09-12T00:00:00Z Dataset Dataset 10.82444/warw.33802465.v1 https://figshare.com/articles/dataset/Data_for_Banks_and_development_Jewish_communities_in_the_Italian_Renaissance_and_current_economic_performance/33802465 CC BY 4.0