influence of religion on income. The violation of the homogeneity assumption would have two consequences. First, results based …-country data in this type of research. Data at household level of the European and World Values Survey are pooled for 25 Western … countries. We estimate simultaneously an income and a religion equation to correct for the endogeneity of religiosity. We find …

In this paper the relation between religion and income is investigated using a micro-dataset for the Netherlands …. Religiosity is measured by religious membership and by participation. Instead of estimating separately a religion and an income … approach, both religious measures are found to decrease significantly income and income is found to affect negatively religion …