Religion and the European Union

Pompeu Fabra University, Economics and Business Working Paper Series, 1601

14 Pages Posted: 9 Mar 2018 Last revised: 20 Apr 2018

Benito Arruñada

Pompeu Fabra University - Department of Economics and Business; Barcelona GSE

Matthias Krapf

University of Basel

Date Written: March 5, 2018

Abstract

We review a recent literature on cultural differences across euro member states. We point out that this literature fails to address cultural differences between Protestants and Catholics, which are likely a major underlying reason for cross-country differences. We argue that confessional culture explains why Catholic countries tend to have weaker institutions but are more open to economic and political integration. EU policies after the economic crisis looked clumsy and failed to address all concerns, but were viable, caused only a manageable amount of serious backlash and tied in well with Europe’s cultural diversity, also providing scope for learning and adaption.

Keywords: religion, values, culture, European Union

JEL Classification: Z12, F15

Suggested Citation

Arruñada, Benito and Krapf, Matthias, Religion and the European Union (March 5, 2018). Pompeu Fabra University, Economics and Business Working Paper Series, 1601. Available at SSRN: https://ssrn.com/abstract=3131883 or http://dx.doi.org/10.2139/ssrn.3131883

Benito Arruñada (Contact Author)

Pompeu Fabra University - Department of Economics and Business ( email )

Ramon Trias Fargas 25-27
Department of Economics and Business
Barcelona, 08005
Spain
+34 93 542 25 72 (Phone)
+34 93 542 17 46 (Fax)

HOME PAGE: http://www.econ.upf.edu/~arrunada

Barcelona GSE ( email )

Ramon Trias Fargas, 25-27
Barcelona, Barcelona 08005
Spain

Matthias Krapf

University of Basel ( email )

Petersplatz 1
Basel, CH-4003
Switzerland

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