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Is Religion Bad For The Bank Account? An Analysis From The Netherlands

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  • Alexandru BOSINCEANU

Abstract

The influence of religion on consumer behaviour is one of the most under researched topics in the marketing literature. The aim of this paper is to add to the body of knowledge regarding religion’s influence on consumer behaviour by analyzing the relationship between net income and certain aspects of religion using data from a representative longitudinal panel from the Netherlands. Analysis showed that religious affiliation and certain aspects of religiosity are negatively correlated with net income, religious people earning in some cases significantly less than non religious individuals, with various levels of differences based on religious affiliation and religiosity. So it appears that in certain cultural and geographical settings religion might be bad for the bank account and less religion might mean more money, which can have an impact on consumption since more money is available for spending.

Suggested Citation

  • Alexandru BOSINCEANU, 2019. "Is Religion Bad For The Bank Account? An Analysis From The Netherlands," Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 13(1), pages 1014-1021, November.
    • Handle: RePEc:rom:mancon:v:13:y:2019:i:1:p:1014-1021
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    References listed on IDEAS

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    1. Gharad Bryan & James J Choi & Dean Karlan, 2021. "Randomizing Religion: the Impact of Protestant Evangelism on Economic Outcomes," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 136(1), pages 293-380.
    2. Gruber Jonathan H, 2005. "Religious Market Structure, Religious Participation, and Outcomes: Is Religion Good for You?," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 5(1), pages 1-32, September.
    3. Abhijit Patwardhan & Megan Keith & Scott Vitell, 2012. "Religiosity, Attitude Toward Business, and Ethical Beliefs: Hispanic Consumers in the United States," Journal of Business Ethics, Springer, vol. 110(1), pages 61-70, September.
    4. Gharad Bryan & James J Choi & Dean Karlan, 0. "Randomizing Religion: the Impact of Protestant Evangelism on Economic Outcomes," The Quarterly Journal of Economics, Oxford University Press, vol. 136(1), pages 293-380.
    5. Jonathan Gruber, 2005. "Religious Market Structure, Religious Participation, and Outcomes: Is Religion Good for You?," NBER Working Papers 11377, National Bureau of Economic Research, Inc.
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    Cited by:

    1. Diana Elisabeta MATICA & Lucian CERNUȘCA & Sorina-Ioana MOCIAR COROIU, 2022. "Ethics In The Romanian Accounting Profession. A Gender And Religion Comparative Study," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 2(2), pages 131-142, December.

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