Religion and Earnings: Is It Good to Be an Atheist with Religious Parental Background?
Using German employee data, we find that being raised by two religious parents and having no current religious affiliation is associated with higher earnings. This conforms to the hypothesis that people who are raised religiously and reject religion as adults are economically more successful as they combine a strong, internalized work ethic with an increased interest in present consumption (as opposed to afterlife consumption).
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