INSURING CONSUMPTION AND HAPPINESS THROUGH RELIGIOUS ORGANIZATIONS
| dc.contributor.author | Dehejia, Rajeev | |
| dc.contributor.author | DeLeire, Thomas | |
| dc.contributor.author | Luttmer, Erzo F.P. | |
| dc.date.accessioned | 2015-02-09T15:26:37Z | |
| dc.date.available | 2015-02-09T15:26:37Z | |
| dc.date.issued | 2005-08 | |
| dc.description.abstract | This paper examines whether involvement with religious organizations insures an individual's stream of consumption and of happiness. Using data from the Consumer Expenditure Survey (CEX), we examine whether households who contribute to a religious organization are able to insure their consumption stream against income shocks and find strong insurance effects for whites. Using the National Survey of Families and Households (NSFH), we examine whether individuals who attend religious services are able to insure their stream of happiness against income shocks and find strong happiness insurance effects for blacks but smaller effects for whites. Overall, our results are consistent with the view that religion provides an alternative form of insurance for both whites and blacks though the mechanism by which religious organizations provide insurance to each of these groups appears to be different. | en_US |
| dc.description.sponsorship | The authors thank Bill Evans, Roland Fryer, Jonathan Gruber, and seminar participants at Duke University, the PSE Conference on Economics of Religion, and the Upjohn Institute for helpful comments and suggestions. We especially thank Roberta Gatti for helping us conceive of and begin this project. All errors are our own. This paper was completed while DeLeire was on leave from the Department of Economics at Michigan State University. The views expressed in this paper are those of the authors and should not be interpreted as those of the Congressional Budget Office. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research. | en_US |
| dc.identifier.citation | ©2005 by Rajeev Dehejia, Thomas DeLeire and Erzo F.P. Luttmer. All rights reserved. Short sections of text, not to exceed two paragraphs, may be quoted without explicit permission provided that full credit, including © notice, is given to the source. | en_US |
| dc.identifier.citation | Insuring Consumption and Happiness Through Religious Organizations Rajeev Dehejia, Thomas DeLeire and Erzo F.P. Luttmer NBER Working Paper No. 11576 August 2005, Revised June 2006 JEL No. D12, H31, J60, Z12 | en_US |
| dc.identifier.uri | https://hdl.handle.net/1805/5869 | |
| dc.language.iso | en_US | en_US |
| dc.subject | Religion | en_US |
| dc.subject | Research | en_US |
| dc.subject | Consumer Expenditure Survey (CEX) | en_US |
| dc.title | INSURING CONSUMPTION AND HAPPINESS THROUGH RELIGIOUS ORGANIZATIONS | en_US |
| dc.type | Working Paper | en_US |