Church Membership and Social Insurance: Evidence from the American South
Philipp Ager (),
Casper Hansen () and
Lars Lønstrup ()
No 14-29, Discussion Papers from University of Copenhagen. Department of Economics
We examine the effect of increased demand for social insurance on church membership.Our empirical strategy exploits the differential impact of the Great Mississippi Flood of 1927 across counties to identify a shock to the demand for social insurance. We find that flooded counties experienced a significant increase in church membership. Consistent with economic theories about determinants of membership of religious organizations, our result suggests that local churches provided ex-post insurance for the needy and in return gained new members.
Keywords: Religion; Informal Insurance; Club Goods; Natural Disasters (search for similar items in EconPapers)
JEL-codes: D70 E20 H40 (search for similar items in EconPapers)
Pages: 36 pages
New Economics Papers: this item is included in nep-his, nep-ias and nep-soc
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Persistent link: https://EconPapers.repec.org/RePEc:kud:kuiedp:1429
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