Individual's Religiosity Enhances Trust: Latin American Evidence for the Puzzle
AbstractThis paper explores the effect of religious observance and affiliation to the dominant religion (Catholicism) on trust in institutions and toward others, and market attitudes. The analysis is performed using a Latin American database of 20,000 respondents from 2004 by means of ordered probit models. The most interesting results are:(i) "Trust toward others is positively correlated with both religious observance" and "Catholic affiliation" (and "practice"). (ii) There is a "positive correlation between trust in the government, in the police, in the armed forces, in the judiciary and in the banking system and religious practice" in general. Identical positive findings are obtained for "Catholic affiliation" and "practice", although they may be affected by a majority effect. Moreover, there is no evidence to support the hypotheses of a negative effect of religion on social capital. Copyright (c) 2009 The Ohio State University.
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Bibliographic InfoArticle provided by Blackwell Publishing in its journal Journal of Money, Credit and Banking.
Volume (Year): 41 (2009)
Issue (Month): 2-3 (03)
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Web page: http://www.blackwellpublishing.com/journal.asp?ref=0022-2879
Other versions of this item:
- Pablo Brañas-Garza & Maximo Rossi & Dyane Zaclicever, 2006. "Individual s religiosity enhances trust: Latin American evidence for the puzzle," Papers on Economics of Religion 06/05, Department of Economic Theory and Economic History of the University of Granada..
- Pablo Brañas-Garza & Máximo Rossi & Dayna Zaclicever, 2006. "Individual’s religiosity enhances trust: Latin American evidence for the puzzle," Documentos de Trabajo (working papers) 0506, Department of Economics - dECON.
- Z12 - Other Special Topics - - Cultural Economics - - - Religion
- Z13 - Other Special Topics - - Cultural Economics - - - Economic Sociology; Economic Anthropology; Social and Economic Stratification
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