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SilvjaGjoka_Abstract_religiosity-household-finance

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Silvja Gjoka

This document is an abstract for a master's thesis that will examine the relationship between religiosity and household finances in Canada. The author plans to use data from the 2011 Canadian General Social Survey of over 22,000 people to analyze how religious preference and degree of religious observance correlate with savings behaviors and financial resilience. They also aim to study how religiosity relates to financial decision-making and the distribution of financial tasks between men and women within households. The abstract indicates that while some research has found associations between religiosity and socioeconomic outcomes, more work is needed to understand these relationships in the Canadian context across different faiths.

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Religiosity and Household Finance in Canada Silvja Gjoka Supervisor: Dr. Maryam Dilmaghani Master of Applied Economics, Saint Marys University February 9, 2017 Abstract Although, there are few studies in which suggest the association be- tween religiosity and socioeconomic outcomes, it, therefore, may be con- textual, and may depend on how religiosity is embedded in the society. This abstract will serve the purpose of 鍖nding any correlation on how 鍖nancial decisions and behaviours are impacted by di鍖erent religions in Canada. Exploiting the detailed religious and household 鍖nance data of the Canadian General Social Survey of 2011 (N=22,435), I intend to investigate how religious preference and degree of religious observance as- sociate with saving behaviour and 鍖nancial resilience of Canadian house- holds. The rich detail provided by GSS, will better aide me in researching and concluding the 鍖nancial behaviour by religious Canadians. With the Canadian General Social Survey, I examine how religiosity relate to 鍖nan- cial decision-making. Canadian religious landscape allows for the com- parative examination of behaviour and outcomes, across a large number of Christian denominations. Also, a focus of non-Christian faiths, such as Islam, Judaism and Buddhism will be relevant to the paper. The teach- ing and tenets of religions di鍖er from each other, in important 鍖nancial matters such as endorsement of saving and proscription of interest-rate. Little is however known about how the devotees of these faiths di鍖er from one another, when they share the same socioeconomic environment. This paper will be the 鍖rst produce quantitative evidence regarding this is- sue. Moreover, I intend to examine how religious preference and degree of religious observance impact the distribution of 鍖nancial tasks within a household, between men and women, while using the same data. 1

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SilvjaGjoka_Abstract_religiosity-household-finance

  • 1. Religiosity and Household Finance in Canada Silvja Gjoka Supervisor: Dr. Maryam Dilmaghani Master of Applied Economics, Saint Marys University February 9, 2017 Abstract Although, there are few studies in which suggest the association be- tween religiosity and socioeconomic outcomes, it, therefore, may be con- textual, and may depend on how religiosity is embedded in the society. This abstract will serve the purpose of 鍖nding any correlation on how 鍖nancial decisions and behaviours are impacted by di鍖erent religions in Canada. Exploiting the detailed religious and household 鍖nance data of the Canadian General Social Survey of 2011 (N=22,435), I intend to investigate how religious preference and degree of religious observance as- sociate with saving behaviour and 鍖nancial resilience of Canadian house- holds. The rich detail provided by GSS, will better aide me in researching and concluding the 鍖nancial behaviour by religious Canadians. With the Canadian General Social Survey, I examine how religiosity relate to 鍖nan- cial decision-making. Canadian religious landscape allows for the com- parative examination of behaviour and outcomes, across a large number of Christian denominations. Also, a focus of non-Christian faiths, such as Islam, Judaism and Buddhism will be relevant to the paper. The teach- ing and tenets of religions di鍖er from each other, in important 鍖nancial matters such as endorsement of saving and proscription of interest-rate. Little is however known about how the devotees of these faiths di鍖er from one another, when they share the same socioeconomic environment. This paper will be the 鍖rst produce quantitative evidence regarding this is- sue. Moreover, I intend to examine how religious preference and degree of religious observance impact the distribution of 鍖nancial tasks within a household, between men and women, while using the same data. 1