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Title: Home Ownership, House Prices, and Religious Activities

Citation Type: Miscellaneous

Publication Year: 2020

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Abstract: How does housing wealth affect religiousness? We compare home owners and renters in US local markets using shocks to house prices as a source of exogenous variation in housing wealth. Rises in property prices are associated with a decline in time spent on attending religious services and practices and on religious education, for home owners relative to renters. In contrast, time allocated to volunteering and socializing is not affected, and time spent on non-religious education and on home-ownership activities increases. The reduction in religious activities is stronger for poorer home owners, and it does not revert when property prices decline.

Url: http://www.alexanderpopov.org/Papers/housing_wealth_and_religious_activities_manuscript.pdf

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Authors: Laeven, Luc; Popov, Alexander; Sievert, Clara

Publisher: European Central Bank and CEPR

Data Collections: IPUMS CPS, IPUMS Time Use - ATUS

Topics: Housing and Segregation, Other

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