This paper explores determinants of church attendance and the formation of 'religious human capital' in Germany within a Becker-style allocation-of-time framework. The analysis is based on data derived from the German Socio-Economic Panel (GSOEP). Taking advantage of the longitudinal structure...

Why do Black American consumers continue to reflect higher rates of church attendance than the remainder of the U.S. population, and continue to obtain a significant amount of services from Black churches? When we hypothesize that the implicit prices of services that are produced by Black...

We investigate the separate and joint influences of social engagement measures on stock market participation and find that socially engaged individuals are more likely to participate. Consistent with Granovetter's (1973) theory of social networks we find that a weak tie (measured by social group...

The costs of transacting the myriad individual contracts needed to operate a complex productive enterprise are prohibitive. The firm provided the solution, by substituting hierarchy and command for perpetual negotiations. The legal system played its part in the development of firms by...

Despite the tremendous growth shown by global Islamic financial services industry, there are Muslim minority countries that have not embraced Islamic finance yet and the Russian Federation is one of them. This research is conducted in the Republic of Tatarstan, a federal subject (part) of the...

This paper explores the religious behavior of the inhabitants of Bucaramanga from the analytical perspective known as economics of religion. By considering religious practice as a rational choice made by individuals, we analyze beliefs, the level of prayer, and the frequency of church...

This paper discusses three alternative assumptions concerning household preferences (altruism, self-interest, and a desire for dynasty building) and shows that these assumptions have very different implications for bequest motives and bequest division. After reviewing some of the literature on...

This paper analyses whether Christian moralities and rules formed differently by Catholics and Protestants impact the likelihood of households to become overindebted. We find that over-indebtedness is lower in regions in which Catholics outweigh Protestants, indicating that Catholics'...

This paper discusses three alternative assumptions concerning household preferences (altruism, self-interest, and a desire for dynasty building) and shows that these assumptions have very different implications for bequest motives and bequest division. After reviewing some of the literature on...

Este documento explora el comportamiento religioso de los habitantes de la ciudad de Bucaramanga desde la perspectiva analítica conocida como economía de la religión. Considerando la práctica religiosa como una elección racional de los individuos, se analizan las creencias, el nivel de...