The Economic Effects of Protestant and Catholic Moralities in Sovereign Debt Crisis. A Cross-Country Analysis [Efectele economice ale moralităţilor protestantă şi catolică în criza datoriilor suverane. O analiză între ţări]
Sanda Dragoş Constantin
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Sanda Dragoş Constantin: Academia de Studii Economice din Bucureşti
Revista OEconomica, 2015, issue 02
Abstract:
The present analysis begins with the presentation of Max Weber’s classical perspective on the impact of Protestant Reformation on traditional belief systems, by challenging and changing individual’s attitudes towards saving, capital accumulation and honesty in lending operations. Further on, the research unfolds a diagnostic cross-country analysis of major Catholic and Protestant economies.
Keywords: culture; reformation; Protestantism; Catholicism; sovereign debts; economic behaviour (search for similar items in EconPapers)
JEL-codes: A13 (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:oen:econom:y:2015:i:02:id:422
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