Individual preferences with respect to risk taking play an important role in financial economic behaviour and, hence, in financial markets. Using German microdata, we argue that individual religiosity is a determinant of household willingness to take risks, since it shapes relevant individual...

In this empirical research note, we use a large scale German household survey data set to analyze the correlation between religiosity and social trust. Religiosity takes into account religious affiliations (Catholic, Protestant, other Christian, Muslim/Islam, other religions, none) and the...