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Insuring consumption and happiness through religious organizations

Author: Rajeev H Dehejia; Thomas C DeLeire; Erzo F P Luttmer; National Bureau of Economic Research.
Publisher: Cambridge, Mass. : National Bureau of Economic Research, ©2005.
Series: Working paper series (National Bureau of Economic Research), working paper no. 11576.
Edition/Format:   Print book : EnglishView all editions and formats
Database:WorldCat
Summary:
"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  Read more...
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Material Type: Internet resource
Document Type: Book, Internet Resource
All Authors / Contributors: Rajeev H Dehejia; Thomas C DeLeire; Erzo F P Luttmer; National Bureau of Economic Research.
OCLC Number: 61906756
Notes: "August 2005."
Description: 36, [16] pages ; 22 cm.
Series Title: Working paper series (National Bureau of Economic Research), working paper no. 11576.
Responsibility: Rajeev Dehejia, Thomas DeLeire, Erzo F.P. Luttmer.

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"--National Bureau of Economic Research web site.

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