speed. In the 20th century, religion played a much lesser role in daily life and income and productivity grew at high and … unprecedented rates. The present paper develops a simple economic theory of identity choice that explains both stylized facts as … well as a period of secularization during which an increasing share of the population abandons religious identity for …

This paper integrates a simple theory of identity choice into a framework of endogenous economic growth to explain how … secularization can be both cause and consequence of economic development. A secular identity allows an individual to derive more … more affordable and increases the appeal of a secular identity for the next generation. An extension of the basic model …

—together with standard growth models to frame the role of religion in economic growth. Unifying a growing literature, we argue that … religion can enhance or impinge upon economic growth through all four elements because it shapes individual preferences …, societal norms, and institutions. Religion affects physical capital accumulation by influencing thrift and financial …

- together with standard growth models to frame the role of religion in economic growth. Unifying a growing literature, we argue … that religion can enhance or impinge upon economic growth through all four elements because it shapes individual … preferences, societal norms, and institutions. Religion affects physical capital accumulation by influencing thrift and financial …

-together with standard growth models to frame the role of religion in economic growth. Unifying a growing literature, we argue that … religion can enhance or impinge upon economic growth through all four elements because it shapes individual preferences …, societal norms, and institutions. Religion affects physical capital accumulation by influencing thrift and financial …

less developed civilisations often rely on informal institutions such as religion (RES). The present paper attempts to …

This paper integrates a simple theory of identity choice into a framework of endogenous economic growth to explain how … secularization can be both cause and consequence of economic development. A secular identity allows an individual to derive more … more affordable and increases the appeal of a secular identity for the next generation. An extension of the basic model …

central tenets of Islam. To establish causality, we exploit variation in the length of the fasting period due to the rotating …