Religion and Economic Growth: Was Weber Right?

Cahiers de recherche from Centre interuniversitaire de recherche en économie quantitative, CIREQ

Abstract: Evidence of falling wages in Catholic cities and rising wages in Protestant cities between 1500 and 1750, during the spread of literady and the vernacular, is inconsistent with most theorretical models of economic growth. In the Protestant Ethic, Weber suggested an alternative explanation based on culture. Here, a theoretical model confirms that a small change in the subjective cost od cooperating with strangers can generate a profound transformation in trading networks.

Keywords: ECONOMIC GROWTH; RELIGION; CULTURE (search for similar items in EconPapers)
JEL-codes: Z12 O47 Z10 (search for similar items in EconPapers)
Date: Written 2001
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Working Paper: Religion and Economic Growth: Was Weber Right? (2001)
Journal Article: Religion and economic growth: was Weber right? (2001)
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