Reference : Risk Taking , Religiosity and Denomination Heterogeneity
Scientific Presentations in Universities or Research Centers : Scientific presentation in universities or research centers
Business & economic sciences : Quantitative methods in economics & management
Risk Taking , Religiosity and Denomination Heterogeneity
Li, Jian mailto [University of Luxembourg > Faculty of Law, Economics and Finance (FDEF) > Center for Research in Economic Analysis (CREA) >]
CREA Research Seminar
CREA, University of Luxembourg
[en] Risk preferences ; Religion ; Protestantism
[en] In this paper, I have merged the European Social Survey, World Values Survey and Eurostat (European Statistics Information) into SHARE (Survey of Health, Aging and Retirement in Europe) by regional geographical cell (NUTS2). By using this specific merged data set, I have evaluated the effect of household level religiosity and regional denomination heterogeneity (Catholic/Protestant ratio) on household risk preference. The finding is as follows : the higher the level of religious belief the lower the risk-taking incentive the households have; however, for regional denomination heterogeneity, the higher the regional Catholic/Protestant ratio, the more popular the local risk-taking incentive prevails.
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