Commodities do not only serve the purpose of satisfying direct needs in the production and con-sumption process. Some of them can also be used to display social status and to affect the position of an individual in society. This paper addresses the question under which circum-stances...

We revisit Max Weber's hypothesis on the role of Protestantism for economic development. We show that nationalism is crucial to both, the interpretation of Weber's Protestant Ethic and empirical tests thereof. For late 19th century Prussia we reject Weber's suggestion that Protestantism mattered...

Max Weber schrieb vor fast 100 Jahren den besonderen ökonomischen Erfolg Europas der protestantischen Arbeitsethik zu. Der 500. Jahrestag der Reformation gibt Anlass, seine These in größeren Zusammenhängen zu diskutieren. Zum einen zeigen konkurrierende Erklärungsansätze, dass geologische,...

The Protestant Reformation, beginning in 1517, was a first-order economic shock. We document its effects on the sectoral allocation of economic activity in Germany using highly disaggregated data. During the Reformation, particularly in Protestant regions, large numbers of monasteries were...