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Open AccessJournal ArticleDOI

People's opium? Religion and economic attitudes

Luigi Guiso, +6 more
- 01 Jan 2003 - 
- Vol. 50, Iss: 1, pp 225-282
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TLDR
The authors found that on average, religious beliefs are associated with "good" economic attitudes, where ''good'' is defined as conducive to higher per capita income and growth, while religious people tend to be more racist and less favorable with respect to working women.
About: 
This article is published in Journal of Monetary Economics.The article was published on 2003-01-01 and is currently open access. It has received 1238 citations till now. The article focuses on the topics: Economics of religion & Per capita income.

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MonographDOI

Sacred and Secular: Religion and Politics Worldwide

Pippa Norris, +1 more
- 01 Jan 2004 - 
TL;DR: In this article, a case study of Islam and politics in post-communist Europe and the United States is presented, focusing on the theory of existential security and the consequences of Secularization.
Journal ArticleDOI

Does culture affect economic outcomes

Luigi Guiso, +6 more
- 06 Feb 2006 - 
TL;DR: This paper introduced culturally-based explanations into economics that can be tested and may substantially enrich our understanding of economic phenomena, and summarized this approach and its achievements so far, and outlines directions for future research.
Journal ArticleDOI

Private Benefits of Control: An International Comparison

I. J. Alexander Dyck, +1 more
- 01 Apr 2004 - 
TL;DR: In this article, private benefits of control in 39 countries using 393 controlling blocks sales are estimated and found to be associated with less developed capital markets, more concentrated ownership, and more privately negotiated privatizations.
Journal ArticleDOI

Cultural Biases in Economic Exchange

Luigi Guiso, +2 more
- 01 Aug 2009 - 
TL;DR: This paper used data on bilateral trust between European countries and found that lower bilateral trust leads to less trade between two countries, less portfolio investment, and less direct investment, even after controlling for the characteristics of the two countries.
Journal ArticleDOI

Trusting the Stock Market

Luigi Guiso, +6 more
- 01 May 2007 - 
TL;DR: In this article, the authors provide a new explanation to the limited stock market participation puzzle: less trusting individuals are less likely to buy stock and, conditional on buying stock, they will buy less.
References
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Book

Making Democracy Work: Civic Traditions In Modern Italy

Putnam, +1 more
BookDOI

Making Democracy Work: Civic Traditions in Modern Italy

Robert D. Putnam, +2 more
- 27 May 1994 - 
TL;DR: Putnam et al. as discussed by the authors analyzed the efficacy of these governments in such fields as agriculture, housing, and health services, revealing patterns of associationism, trust, and cooperation that facilitate good governance and economic prosperity.
ReportDOI

Economic Growth in a Cross Section of Countries

Robert J. Barro
- 01 May 1991 - 
TL;DR: For 98 countries in the period 1960-1985, the growth rate of real per capita GDP is positively related to initial human capital (proxied by 1960 school-enrollment rates) and negatively related to the initial (1960) level as mentioned in this paper.
Journal ArticleDOI

Corruption and Growth

Paolo Mauro
- 01 Aug 1995 - 
TL;DR: In this paper, a newly assembled data set consisting of subjective indices of corruption, the amount of red tape, the efficiency of the judicial system, and various categories of political stability for a cross section of countries is analyzed.
Journal ArticleDOI

Does Social Capital Have an Economic Payoff? A Cross-Country Investigation

Stephen Knack, +1 more
- 01 Nov 1997 - 
TL;DR: In this article, the authors used indicators of trust and civic norms from the World Values Surveys for a sample of 29 market economies and found that membership in formal groups is not associated with trust or with improved economic performance.
Related Papers (5)

Does culture affect economic outcomes

Luigi Guiso, +6 more
- 06 Feb 2006 - 

Does Social Capital Have an Economic Payoff? A Cross-Country Investigation

Stephen Knack, +1 more
- 01 Nov 1997 - 

Culture and institutions: economic development in the regions of europe

Guido Tabellini
- 01 Jun 2010 - 

The quality of government

Rafael La Porta, +3 more
- 01 Mar 1999 - 

Making Democracy Work: Civic Traditions In Modern Italy

Putnam, +1 more
Frequently Asked Questions (2)
Q1. What are the contributions in this paper?

The views expressed herein are those of the authors and not necessarily those of the National Bureau of Economic Research. 

Further research is needed. Variable 1 is based on the following question: “ Generally speaking, would you say that most people can be trusted or that you ca n't be too careful in dealing with people ? The variable is equal to 1 if participants report that most people can be trusted and zero otherwise. Here is a list of qualities that children can be encouraged to learn at home.