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, towards others and market attitudes. The analysis is performed using a Latin American database of twenty thousand respondents from 2004 by means of ordered probit models. The most interesting results are: i) Trust toward others is positively correlated with religious observance and with Catholic affiliation. 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 results are obtained for Catholic affiliation. iii) Correlations with attitudes toward the market, in general, are heterogeneous but never negative. In sum, individual’s level of religiosity crucially affects trust in institutions and toward peers. We also found that Catholicism encourages both trust in institutions and towards others. Thus, we found a positive effect of “religiosity” on social capital. In fact, we never found any negative (and significant) effect on the variables considered.
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Bibliographic InfoPaper provided by Department of Economics - dECON in its series Documentos de Trabajo (working papers) with number 0506.
Length: 25 pages
Date of creation: May 2006
Date of revision:
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trust in institutions; economic behavior; religious practise; Catholics.;
Other versions of this item:
- Pablo Branas-Garza & Máximo Rossi & Dayna Zaclicever, 2009. "Individual's Religiosity Enhances Trust: Latin American Evidence for the Puzzle," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 41(2-3), pages 555-566, 03.
- 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..
- Z12 - Other Special Topics - - Cultural Economics - - - Religion
- Z13 - Other Special Topics - - Cultural Economics - - - Economic Sociology; Economic Anthropology; Social and Economic Stratification
This paper has been announced in the following NEP Reports:
- NEP-ALL-2006-09-23 (All new papers)
- NEP-DCM-2006-09-23 (Discrete Choice Models)
- NEP-LAM-2006-09-23 (Central & South America)
- NEP-SOC-2006-09-23 (Social Norms & Social Capital)
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