Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/129573
Authors: 
Ager, Philipp
Ciccone, Antonio
Year of Publication: 
2014
Series/Report no.: 
Working Paper Series, Department of Economics, University of Mannheim 14-20
Abstract: 
Building on the idea that religious communities provide mutual insurance against some idiosyncratic risks, we argue that religious membership is more valuable in societies exposed to greater common risk. In our empirical analysis we exploit rainfall risk as a source of common economic risk in the nineteenth-century United States and show that religious communities were larger in counties where they faced greater rainfall risk. The link between rainfall risk and the size of religious communities is stronger in counties that were more agricultural, that had lower population densities, or that were exposed to greater rainfall risk during the growing season.
Subjects: 
Religious community size
agricultural risk
informal insurance
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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