TY - RPRT AU - Nunziata, Luca AU - Rocco, Lorenzo TI - A Tale of Minorities: Evidence on Religious Ethics and Entrepreneurship from Swiss Census Data PY - 2014/Feb/ PB - Institute of Labor Economics (IZA) CY - Bonn T2 - IZA Discussion Paper IS - 7976 UR - https://www.iza.org/publications/dp7976 AB - Does Protestantism favour the market economy more than Catholicism does? We provide a novel quasi-experimental way to answer this question by comparing Protestant and Catholic minorities using Swiss census data from 1970 to 2000. Exploiting the strong adhesion of religious minorities to their confession's ethical principles and the historical determination of the geographical distribution of confessions across Swiss cantons, we find that Protestantism is associated with a significantly higher propensity for entrepreneurship. The estimated difference ranges between 2.3 and 4.4 percentage points. Our findings are robust to a number of robustness checks, including a placebo test. KW - Protestantism KW - culture KW - religion KW - self-employment KW - entrepreneurship KW - Catholicism KW - Switzerland ER -