A global assessment of the relationship between religiosity and financial satisfaction

Bibliographic Data

ID12006491
AuthorsTekin Köse (0000-0002-0476-8872, Department of Economics, TED University, Ankara, Turkey, corresponding author), Kürşat Çınar (0000-0001-6044-2810, Department of Political Science & Public Administration, Middle East Technical University, Ankara, Turkey)
Year2020
Volume61
Issue2
Pages347-367
Publication date2020-09-11
Open AccessNo
TypeARTICLE
VenueThe Social Science Journal (JOURNAL)
Journal identifiersISSN: 0362-3319 • E-ISSN: 1873-5355
PublisherTaylor & Francis (PUBLISHER • GB)
DOI10.1080/03623319.2020.1808769
OpenAlexW3086174875
LanguageEN
Citations received6
References cited46

This article explores the economics of religion with a specific focus on divergent effects of religiosity on people’s financial satisfaction. There is ever-growing literature on the sociology of religion-life satisfaction nexus but there is still dearth of research on how religiosity may affect citizens’ outlook toward their economic affluence and finances. We argue that religiosity has to be understood under two major vantage points, through which it can affect financial satisfaction. Specifically, we maintain that social, community-related religiosity and individual, devoutness-related religiosity have distinctly pivotal and empirically quadratic effects on people’s financial satisfaction. This finding is illuminating to understand how social dynamics may shape people’s stance and outlook toward their subjective financial well-being and how this may have repercussions at the individual and societal levels. We test our arguments in light of the global World Values Survey data via a multilevel estimation framework

Affect (linguistics · Economics · Life satisfaction · Nexus (standard · Positive economics · Religiosity · Sociology · World Values Survey · Psychology · Religion and Society Interactions · Religion, Society, and Development · Religion, Spirituality, and Psychology · Social Psychology

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Open DOIOpen Access