The Effect of Religiosity and Religious Festivals on Positional Concerns: An Experimental Investigation of Ramadan

27 Pages Posted: 11 Dec 2011

See all articles by Alpaslan Akay

Alpaslan Akay

IZA Institute of Labor Economics

Gokhan Karabulut

Istanbul University; istanbul üniversitesi

Peter Martinsson

University of Gothenburg - Department of Economics and Statistics

Abstract

This paper examines the effect of religion on positional concerns using survey experiments. We focus on two of the dimensions of religion – degree of religiosity and religious festivals. By conducting the experiments during both the most important day of Ramadan (the Night of Power) and a day outside Ramadan, we find that Ramadan overall has a small and negative impact on positional concerns. Detailed analyses based on the sorting of individuals' degree of religiosity reveal that the decrease in the degree of positional concerns during Ramadan is mainly explained by a decrease in positionality among individuals with a low degree of religiosity. We also discuss the broader welfare implications of our findings.

Keywords: religion, positional concerns, Ramadan, Islam

JEL Classification: C90, D63

Suggested Citation

Akay, Alpaslan and Karabulut, Gokhan and Martinsson, Peter, The Effect of Religiosity and Religious Festivals on Positional Concerns: An Experimental Investigation of Ramadan. IZA Discussion Paper No. 6172, Available at SSRN: https://ssrn.com/abstract=1970767

Alpaslan Akay (Contact Author)

IZA Institute of Labor Economics ( email )

P.O. Box 7240
Bonn, D-53072
Germany

Gokhan Karabulut

Istanbul University ( email )

Istanbul
Turkey

istanbul üniversitesi ( email )

34459 Istanbul
Turkey
05309304154 (Phone)
34684 (Fax)

Peter Martinsson

University of Gothenburg - Department of Economics and Statistics ( email )

Box 640
Vasagatan 1, E-building, floor 5 & 6
Göteborg, 40530
Sweden

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