Praying for a Recession: The Business Cycle and Protestant Religiosity in the United States
37 Pages Posted: 9 Mar 2008 Last revised: 22 Jan 2009
Date Written: January 20, 2009
Abstract
Some observers believe the business cycle influences religiosity. This possibility is explored in this paper by empirically examining the relationship between macroeconomic conditions and religious participation by U.S. Protestants. The findings of this paper suggest that there is a strong countercyclical component to religious participation in evangelical Protestant denominations while for mainline Protestants there is on balance a procyclical component to religious participation.
Keywords: Religiosity, Church Attendance, Business Cycle, Economic Conditions, Recession, Yield Curve, Protestant Church Growth
JEL Classification: E32, J22
Suggested Citation: Suggested Citation
Do you have negative results from your research you’d like to share?
Recommended Papers
-
Insuring Consumption and Happiness Through Religious Organizations
By Rajeev H. Dehejia, Thomas Deleire, ...
-
Insuring Consumption and Happiness Through Religious Organizations
By Rajeev H. Dehejia, Thomas Deleire, ...
-
Recent Advances in the Economics of Individual Subjective Well-Being
By Alois Stutzer and Bruno S. Frey
-
By Bruce Headey, Jürgen Schupp, ...
-
By Bruce Headey, Jürgen Schupp, ...
-
Modern Economic Growth and Quality of Life: Cross Sectional and Time Series Evidence
-
Suboptimal Choices and the Need for Experienced Individual Well-Being in Economic Analysis
By Christopher K. Hsee, Yuval Rottenstreich, ...
-
Happiness and Financial Satisfaction in Israel: Effects of Religiosity, Ethnicity, and War
By B.m.s. Van Praag, Dmitri Romanov, ...
-
Happiness and Financial Satisfaction in Israel: Effects of Religiosity, Ethnicity, and War
By B.m.s. Van Praag, Dmitri Romanov, ...
-
Happiness and Financial Satisfaction in Israel: Effects of Religiosity, Ethnicity, and War
By B.m.s. Van Praag, Dmitri Romanov, ...