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@article{ Bettendorf2009,
 title = {The bicausal relation between religion and income},
 author = {Bettendorf, Leon and Dijkgraaf, Elbert},
 journal = {Applied Economics},
 pages = {1351-1363},
 year = {2009},
 issn = {1466-4283},
 doi = {https://doi.org/10.1080/00036840802600442},
 urn = {https://nbn-resolving.org/urn:nbn:de:0168-ssoar-242882},
 abstract = {In this paper the relation between religion and income is investigated using a micro-dataset for the Netherlands. Religion is measured by religious membership and by participation. Instead of estimating a religion equation and an income equation separately, joint regression is preferred since this generally yields more efficient estimates. Following the single-equation approach, both religious measures are found to decrease income significantly and income is found to affect religion negatively. However, these cross-effects become insignificant once the equations are estimated simultaneously. In contrast, the effects of socio-economic characteristics on religion and income hardly differ between the approaches.},
}