Using a sample of Spanish Catholics, we examined the level of religiosity (measured by beliefs, prayer and church attendance) and the relationship between religiosity and various socio-economic variables. An Ordered Logit estimation of religiosity equations showed that: women are more religious...

Using a recent Spanish database, we show that remittances respond to cross country differences in portfolio values. This behavior suggests that immigrants are sophisticated economic optimizers who take advantage of opportunities to invest trans-nationally given the networks that immigrants are...