IDEAS home Printed from https://ideas.repec.org/a/rom/mancon/v13y2019i1p1014-1021.html
   My bibliography  Save this article

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

Author

Listed:
  • 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
    as

    Download full text from publisher

    File URL: https://conference.management.ase.ro/archives/2019/pdf/5_2.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    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.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    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.

    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. Hasan, Iftekhar & Manfredonia, Stefano & Noth, Felix, 2021. "Cultural resilience, religion, and economic recovery: Evidence from the 2005 hurricane season," IWH Discussion Papers 9/2021, Halle Institute for Economic Research (IWH).
    2. Ampofo, Akwasi & Mabefam, Matthew Gmalifo, 2021. "Religiosity and Energy Poverty: Empirical evidence across countries," Energy Economics, Elsevier, vol. 102(C).
    3. Mendolia Silvia & Paloyo Alfredo & Walker Ian, 2019. "Intrinsic Religiosity, Personality Traits, and Adolescent Risky Behaviors," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 19(3), pages 1-16, July.
    4. Dong, Jie & Ren, Yanjun & Glauben, Thomas, 2024. "Gospel or curse: The impact of religious beliefs on energy poverty in rural China," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 11.
    5. Laeven, Luc & Popov, Alexander & Sievert, Clara, 2024. "Is religion an inferior good? Evidence from fluctuations in housing wealth," Journal of Economic Behavior & Organization, Elsevier, vol. 217(C), pages 705-725.
    6. Lo Turco, Alessia & Maggioni, Daniela, 2018. "Effects of Islamic religiosity on bilateral trust in trade: The case of Turkish exports," Journal of Comparative Economics, Elsevier, vol. 46(4), pages 947-965.
    7. Lozano, Fernando A., 2012. "What Happened to God's Time? The Evolution of Secularism and Hours of Work in America, Evidence from Religious Holidays," IZA Discussion Papers 6552, Institute of Labor Economics (IZA).
    8. Philipp Ager & Antonio Ciccone, 2018. "Agricultural Risk and the Spread of Religious Communities," Journal of the European Economic Association, European Economic Association, vol. 16(4), pages 1021-1068.
    9. Miao, Shuchao & Chi, Jing & Liao, Jing & Qian, Long, 2021. "How does religious belief promote farmer entrepreneurship in rural China?," Economic Modelling, Elsevier, vol. 97(C), pages 95-104.
    10. Carlos Miguel Lemos & Ross Joseph Gore & Ivan Puga-Gonzalez & F LeRon Shults, 2019. "Dimensionality and factorial invariance of religiosity among Christians and the religiously unaffiliated: A cross-cultural analysis based on the International Social Survey Programme," PLOS ONE, Public Library of Science, vol. 14(5), pages 1-36, May.
    11. S. Brock Blomberg & Thomas DeLeire & Gregory D. Hess, 2006. "The (After) Life-Cycle Theory of Religious Contributions," CESifo Working Paper Series 1854, CESifo.
    12. Dehejia, Rajeev & DeLeire, Thomas & Luttmer, Erzo F.P., 2007. "Insuring consumption and happiness through religious organizations," Journal of Public Economics, Elsevier, vol. 91(1-2), pages 259-279, February.
    13. 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.
    14. Marek Loužek, 2007. "Ekonomie náboženství - je hypotéza sekularizace opodstatněná? [Economics of religion - is the secularization hypothesis tenable?]," Politická ekonomie, Prague University of Economics and Business, vol. 2007(5), pages 659-680.
    15. Xu, Xixiong & Li, Yaoqin & Liu, Xing & Gan, Weiyu, 2017. "Does religion matter to corruption? Evidence from China," China Economic Review, Elsevier, vol. 42(C), pages 34-49.
    16. Nunziata, Luca & Rocco, Lorenzo, 2011. "The Implications of Cultural Background on Labour Market Choices: The Case of Religion and Entrepreneurship," IZA Discussion Papers 6114, Institute of Labor Economics (IZA).
    17. Kagin, Justin D. & Lybbert, Travis J., 2023. "Religiosity and educational attainment among the Roma: Shedding an oppositional identity?," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 107(C).
    18. Fernando A. Lozano, 2017. "The rise of secularism and its economic consequences," IZA World of Labor, Institute of Labor Economics (IZA), pages 384-384, September.
    19. Zotti, Roberto & Speziale, Nino & Barra, Cristian, 2014. "On the causal effect of religion on life satisfaction using a propensity score matching technique," MPRA Paper 60066, University Library of Munich, Germany.
    20. Bettendorf, L. & Dijkgraaf, E., 2010. "Religion and income: Heterogeneity between countries," Journal of Economic Behavior & Organization, Elsevier, vol. 74(1-2), pages 12-29, May.

    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:rom:mancon:v:13:y:2019:i:1:p:1014-1021. 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: Ciocoiu Nadia Carmen (email available below). General contact details of provider: https://edirc.repec.org/data/mnasero.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.