The Protestant Fiscal Ethic : Religious Confession and Euro Skepticism in Germany

Chadi, Adrian; Krapf, Matthias

The Protestant Fiscal Ethic : Religious Confession and Euro Skepticism in Germany

Dateien

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Datum

2017

Autor:innen

Chadi, Adrian

Krapf, Matthias

Open Access-Veröffentlichung

Open Access Green

Sammlungen

Wirtschaftswissenschaften

Publikationstyp

Zeitschriftenartikel

Publikationsstatus

Published

Erschienen in

Economic Inquiry. 2017, 55(4), pp. 1813-1832. ISSN 0095-2583. eISSN 1465-7295. Available under: doi: 10.1111/ecin.12474

Zusammenfassung

During the European sovereign debt crisis, most countries that ran into fiscal trouble had Catholic majorities, whereas countries with Protestant majorities were able to avoid fiscal problems. We find that Christian‐conservative members of the German parliament from constituencies with higher shares of Protestants were more likely to vote against a third bailout for Greece. Survey data show that views on the euro differ between German Protestants and non‐Protestants at the individual level, too. Among Protestants, concerns about the euro have, compared to non‐Protestants, increased during the crisis. We show that this increase in concern is linked to a reduction of Protestants' subjective well‐being. We use the timing of survey interviews and news events in 2011 to account for the endogeneity of euro concerns. Emphasis on moral hazard concerns in Protestant theology may, thus, still shape economic preferences.

Fachgebiet (DDC)

330 Wirtschaft

Zitieren

ISO 690

CHADI, Adrian, Matthias KRAPF, 2017. The Protestant Fiscal Ethic : Religious Confession and Euro Skepticism in Germany. In: Economic Inquiry. 2017, 55(4), pp. 1813-1832. ISSN 0095-2583. eISSN 1465-7295. Available under: doi: 10.1111/ecin.12474

BibTex

@article{Chadi2017-10Prote-43132,
  year={2017},
  doi={10.1111/ecin.12474},
  title={The Protestant Fiscal Ethic : Religious Confession and Euro Skepticism in Germany},
  number={4},
  volume={55},
  issn={0095-2583},
  journal={Economic Inquiry},
  pages={1813--1832},
  author={Chadi, Adrian and Krapf, Matthias}
}

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