International resource flows and construction movements in the atlantic economy: the kuznets cycle in Italy, 1861–1913
研究了19世纪意大利在移民、资本流动和建筑活动中的库兹涅茨周期，发现其建筑活动对资本供给敏感而非人口，且受外国资本供给变化驱动，对理解国际资源流动与经济周期有参考价值。
Nineteenth-century Italy experienced the long swings in migration, capital flows, and construction characteristic of the international Kuznets cycle, but in an unusual combination: its external migration swing may have resembled Britain's, but its capital flows and construction swing resembled America's. Construction in Italy was finance-sensitive rather than population-sensitive, and reacted primarily to exogenous shifts in the supply of foreign capital. The Italian experience suggests that changes in perceived risk altered the relative supply of capital in Britain and abroad and thereby induced the opposite swings in construction and the swing in migration.