IDEAS home Printed from https://ideas.repec.org/p/ude/wpaper/0515.html

Trust and Confidence in Institutions: religious beliefs and educational attainment

Author

Listed:
  • Daniel Miles-Touya

    (RGEA, Universidad de Vigo)

  • Irene Mussio

    (Departamento de Economía, Facultad de Ciencias Sociales, Universidad de la República)

  • Máximo Rossi

    (Departamento de Economía, Facultad de Ciencias Sociales, Universidad de la República)

Abstract

The main objective of the paper is the analysis of intergenerational or cultural transmission of religious values during adolescence in order to explain interpersonal trust and confidence in institutions in adulthood. Trust and confidence in institutions outcomes are examined using the International Social Survey Program (ISSP) 2008 Religion III survey. Overall, the results are in line with previous literature: religious intensity and educational attainment are significantly and positively correlated with trust and confidence in institutions. But people with higher educational attainment and religious engagement (present or past) are less confident in institutions than otherwise similar individuals with lower educational attainment and are less engaged in religion. When it is used, instrumental variables the results suggest that religious engagement does not significantly explain trust though it is significantly related to confidence in institutions.

Suggested Citation

  • Daniel Miles-Touya & Irene Mussio & Máximo Rossi, 2015. "Trust and Confidence in Institutions: religious beliefs and educational attainment," Documentos de Trabajo (working papers) 0515, Department of Economics - dECON.
  • Handle: RePEc:ude:wpaper:0515
    as

    Download full text from publisher

    File URL: https://hdl.handle.net/20.500.12008/4530
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Stephen Knack & Philip Keefer, 1997. "Does Social Capital Have an Economic Payoff? A Cross-Country Investigation," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 112(4), pages 1251-1288.
    2. Leonard Dudley & Ulrich Blum, 2001. "Religion and economic growth: was Weber right?," Journal of Evolutionary Economics, Springer, vol. 11(2), pages 207-230.
    3. Alberto Alesina & Yann Algan & Pierre Cahuc & Paola Giuliano, 2015. "Family Values And The Regulation Of Labor," Journal of the European Economic Association, European Economic Association, vol. 13(4), pages 599-630, August.
    4. Huang, Jian & Maassen van den Brink, Henriëtte & Groot, Wim, 2009. "A meta-analysis of the effect of education on social capital," Economics of Education Review, Elsevier, vol. 28(4), pages 454-464, August.
    5. Yann Algan & Pierre Cahuc, 2005. "The Roots of Low European Employment: Family Culture?," NBER Chapters, in: NBER International Seminar on Macroeconomics 2005, pages 65-109, National Bureau of Economic Research, Inc.
    6. Luigi Guiso & Paola Sapienza & Luigi Zingales, 2006. "Does Culture Affect Economic Outcomes?," Journal of Economic Perspectives, American Economic Association, vol. 20(2), pages 23-48, Spring.
    7. Luigi Guiso & Paolo Pinotti, 2012. "Democratization and Civic Capital," EIEF Working Papers Series 1202, Einaudi Institute for Economics and Finance (EIEF), revised Feb 2012.
    8. La Porta, Rafael, et al, 1997. "Trust in Large Organizations," American Economic Review, American Economic Association, vol. 87(2), pages 333-338, May.
    9. Muller, Edward N. & Seligson, Mitchell A., 1994. "Civic Culture and Democracy: The Question of Causal Relationships," American Political Science Review, Cambridge University Press, vol. 88(3), pages 635-652, September.
    10. Alberto Alesina & Paola Giuliano, 2010. "The power of the family," Journal of Economic Growth, Springer, vol. 15(2), pages 93-125, June.
    11. Papagapitos, Agapitos & Riley, Robert, 2009. "Social trust and human capital formation," Economics Letters, Elsevier, vol. 102(3), pages 158-160, March.
    12. Robert E. Hall & Charles I. Jones, 1999. "Why do Some Countries Produce So Much More Output Per Worker than Others?," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 114(1), pages 83-116.
    13. repec:spo:wpmain:info:hdl:2441/8810 is not listed on IDEAS
    14. Alberto Alesina & Eliana La Ferrara, 2000. "The Determinants of Trust," NBER Working Papers 7621, National Bureau of Economic Research, Inc.
    15. repec:spo:wpecon:info:hdl:2441/8810 is not listed on IDEAS
    16. Stulz, Rene M. & Williamson, Rohan, 2003. "Culture, openness, and finance," Journal of Financial Economics, Elsevier, vol. 70(3), pages 313-349, December.
    17. Tan, Jonathan H.W. & Vogel, Claudia, 2008. "Religion and trust: An experimental study," Journal of Economic Psychology, Elsevier, vol. 29(6), pages 832-848, December.
    18. repec:spo:wpmain:info:hdl:2441/8808 is not listed on IDEAS
    19. repec:spo:wpecon:info:hdl:2441/8808 is not listed on IDEAS
    20. Robin Grier, 1997. "The Effect of Religion on Economic Development: A Cross National Study of 63 Former Colonies," Kyklos, Wiley Blackwell, vol. 50(1), pages 47-62, February.
    21. Guiso, Luigi & Sapienza, Paola & Zingales, Luigi, 2003. "People's opium? Religion and economic attitudes," Journal of Monetary Economics, Elsevier, vol. 50(1), pages 225-282, January.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Lee, Junyong & Lee, Kyounghun & Oh, Frederick Dongchuhl, 2024. "Religion and branch banking," Journal of Financial Intermediation, Elsevier, vol. 60(C).
    2. Abellán, Miguel, 2023. "Catholics, Protestants and Muslims: Similar work ethics, different social and political ethics," Journal of Comparative Economics, Elsevier, vol. 51(3), pages 778-815.
    3. Pevzner, Mikhail & Xie, Fei & Xin, Xiangang, 2015. "When firms talk, do investors listen? The role of trust in stock market reactions to corporate earnings announcements," Journal of Financial Economics, Elsevier, vol. 117(1), pages 190-223.
    4. Huang, Rocco R., 2008. "Tolerance for uncertainty and the growth of informationally opaque industries," Journal of Development Economics, Elsevier, vol. 87(2), pages 333-353, October.
    5. Julie L. Hotchkiss & Anil Rupasingha & Thor Watson, 2022. "In-migration and Dilution of Community Social Capital," International Regional Science Review, , vol. 45(1), pages 36-57, January.
    6. Vincenzo Galasso & Paola Profeta, 2013. "From Family Culture to Welfare State Design," CHILD Working Papers Series 14, Centre for Household, Income, Labour and Demographic Economics (CHILD) - CCA.
    7. Yamamura, Eiji, 2011. "The role of social trust in reducing long-term truancy and forming human capital in Japan," Economics of Education Review, Elsevier, vol. 30(2), pages 380-389, April.
    8. Massa, Massimo & li, zhe & xu, niahang & Zhang, Hong, 2016. "The Impact of Sin Culture: Evidence from Earning Management and Alcohol Consumption in China," CEPR Discussion Papers 11475, C.E.P.R. Discussion Papers.
    9. Sheremeta, Roman & Smith, Vernon, 2017. "The Impact of the Reformation on the Economic Development of Western Europe," MPRA Paper 87220, University Library of Munich, Germany.
    10. Pascal Gantenbein & Axel Kind & Christophe Volonté, 2019. "Individualism and Venture Capital: A Cross-Country Study," Management International Review, Springer, vol. 59(5), pages 741-777, October.
    11. Ho, Kung-Cheng & Yen, Huang-Ping & Gu, Yan & Shi, Lisi, 2020. "Does societal trust make firms more trustworthy?," Emerging Markets Review, Elsevier, vol. 42(C).
    12. Della Lena, Sebastiano & Manzoni, Elena & Panebianco, Fabrizio, 2023. "On the transmission of guilt aversion and the evolution of trust," Games and Economic Behavior, Elsevier, vol. 142(C), pages 765-793.
    13. Mertzanis, Charilaos & Pavlopoulos, Athanasios & Vetsikas, Apostolos & Reppas, Dimitrios & Hamill, Philip A., 2023. "Religion and the financing of corporate investment around the world," International Review of Financial Analysis, Elsevier, vol. 90(C).
    14. Guiso, Luigi & Sapienza, Paola & Zingales, Luigi, 2003. "People's opium? Religion and economic attitudes," Journal of Monetary Economics, Elsevier, vol. 50(1), pages 225-282, January.
    15. Ludek Kouba & Hans Pitlik, 2014. "I wanna live my life: Locus of Control and Support for the Welfare State," MENDELU Working Papers in Business and Economics 2014-46, Mendel University in Brno, Faculty of Business and Economics.
    16. Nurullah Gur, 2015. "Trust and the wealth of nations," Progress in Development Studies, , vol. 15(2), pages 107-124, April.
    17. Mueller, Holger & Philippon, Thomas, 2006. "Concentrated Ownership and Labour Relations," CEPR Discussion Papers 5776, C.E.P.R. Discussion Papers.
    18. Ahern, Kenneth R. & Daminelli, Daniele & Fracassi, Cesare, 2015. "Lost in translation? The effect of cultural values on mergers around the world," Journal of Financial Economics, Elsevier, vol. 117(1), pages 165-189.
    19. Deng, Jiapin & Liu, Qiao & Yan, Se, 2025. "Fostering social capital: The long-term effects of Protestant activities on corporate tax avoidance in modern China," Journal of Economic Behavior & Organization, Elsevier, vol. 234(C).
    20. Klasing, Mariko J., 2013. "Cultural dimensions, collective values and their importance for institutions," Journal of Comparative Economics, Elsevier, vol. 41(2), pages 447-467.

    More about this item

    Keywords

    ;
    ;
    ;

    JEL classification:

    • Z12 - Other Special Topics - - Cultural Economics - - - Religion
    • D1 - Microeconomics - - Household Behavior

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ude:wpaper:0515. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Andrea Doneschi or the person in charge (email available below). General contact details of provider: https://edirc.repec.org/data/derauuy.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.