Religiosity and Local Debt Repayment: Evidence from Italian Mayors

• In Event: Cultural Impact on Development: Religious Practices, Ethnicity, and Governance

Brief Overview

I argue that religious mayors repay more debt because of their inner catholic values. They prioritize debt repayment over non-electorally costly expenses, resolving a trade-off between Catholic values and electoral concerns.

Author

• Luca Vitale, New York University