Download This PaperBeyond Work Ethic: Religion, Individual and Political Preferences
KOF Working Papers No. 309
44 Pages Posted: 22 Aug 2012 Last revised: 18 Sep 2012
Date Written: August 22, 2012
Abstract
We investigate the effect of Reformed Protestantism, relative to Catholicism, on preferences for leisure, and for redistribution and intervention in the economy. We use a Fuzzy Spatial Regression Discontinuity Design to exploit a historical quasi-experiment in Western Switzerland, where in the 16th century a hitherto homogeneous region was split and one part assigned to adopt Protestantism. We find that Reformed Protestantism reduces referenda voting for more leisure by 12, for redistribution by 7, and for government intervention by 6 percentage points. These preferences translate into higher per capita income as well as greater income inequality.
Keywords: Max Weber, culture, protestant work ethic, political preferences, regression discontinuity design
JEL Classification: D72, H23, N33, Z12
Suggested Citation: Suggested Citation
Swiss Finance Institute
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