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Large-Scale Disasters and the Insurance Industry

Kraemer, Walter; Schich, Sebastian - CESifo - 2008

We investigate the impact of the 20 largest – in terms of insured losses – man-made or natural disasters on various insurance industry stock indices. We show via an event study that insurance sectors worldwide are quite resilient, in a market–value sense, to unexpected losses to capital:...

Persistent link: https://www.econbiz.de/10005181507

Not the Opium of the People: Income and Secularization in a Panel of Prussian Counties

Becker, Sascha O.; Woessmann, Ludger - CESifo - 2013

The interplay between religion and the economy has occupied social scientists for long. We construct a unique panel of … doubt on causal interpretations of the religion-economy nexus in Prussian secularization. …

Persistent link: https://www.econbiz.de/10010877739

Family Structure and the Education Gender Gap: Evidence from Italian Provinces

Bertocchi, Graziella; Bozzano, Monica - CESifo - 2013

We investigate the determinants of the education gender gap in Italy in historical perspective with a focus on the influence of family structure. We capture the latter with two indicators: residential habits (nuclear vs. complex families) and inheritance rules (partition vs. primogeniture)....

Persistent link: https://www.econbiz.de/10010877959

Social Cohesion, Religious Beliefs, and the Effect of Protestantism on Suicide

Sascha O, Becker; Woessmann, Ludger - CESifo - 2015

In an economic theory of suicide, we model social cohesion of the religious community and religious beliefs about afterlife as two mechanisms by which Protestantism increases suicide propensity. We build a unique micro-regional dataset of 452 Prussian counties in 1816-21 and 1869-71, when...

Persistent link: https://www.econbiz.de/10011212081

Voodoo versus Fishing Committees: The Role of Traditional and Contemporary Institutions in Fisheries Management

Alonso, Elena Briones; Houssa, Romain; Verpoorten, Marijke - CESifo - 2015

institution embedded in the Voodoo religion and a recent secular institution in the form of fishing committees. Using household …

Persistent link: https://www.econbiz.de/10011252995

The Power of Religious Organizations in Human Decision Processes: Analyzing Voting Behavior

Torgler, Benno; Stadelmann, David; Portmann, Marco - CESifo - 2013

’s recommendations. We find that voting recommendations do indeed matter, implying that even in a secularized world, religion plays a …

Persistent link: https://www.econbiz.de/10010723526

Policies against Human Trafficking: The Role of Religion and Political Institutions

Potrafke, Niklas - CESifo - 2013

I investigate empirically the role of religion and political institutions in policies against human trafficking, using … influence of religion on the overall 3P Anti-trafficking Policy Index is driven by protection and prevention policies. As … empirical findings regarding the association between religion, political institutions, and human development. …

Persistent link: https://www.econbiz.de/10010668474

The Invisible Hand Plays Dice: Eventualities in Religious Markets

Poutvaara, Panu; Wagener, Andreas - CESifo - 2004

Religious participation is much more widespread in the United States than in Europe, while Europeans tend to view sects more suspiciously than Americans. We propose an explanation for these patterns without assuming differences in preferences or market fundamentals. Religious markets may have...

Persistent link: https://www.econbiz.de/10005181566

Democracy and Income In-Equality: An Empirical Analysis

Gradstein, Mark; Milanovic, Branko; Ying, Yvonne - CESifo - 2001

proxied by a country’s dominant religion – seems to be related to inequality. But in addition, in Judeo-Christian societies …

Persistent link: https://www.econbiz.de/10005405921

The (After) Life-Cycle Theory of Religious Contributions

Blomberg, S. Brock; DeLeire, Thomas; Hess, Gregory D. - CESifo - 2006

We construct and estimate an economic model of religious giving. We employ a dynamic consumer optimization model with mortality in which intra-temporal utility stems from both consumption and religious contributions. Individuals also decide how to allocate resources between religious...

Persistent link: https://www.econbiz.de/10005406065