Does Strong Employment Support Strong National Currency? An Empirical Analysis for the US Economy

Author(s):  
Elvan Akturk Hayat ◽  
Ismet Gocer
2019 ◽  
Vol 43 (3) ◽  
pp. 541-583 ◽  
Author(s):  
Leila E Davis ◽  
Joao Paulo A de Souza ◽  
Gonzalo Hernandez
Keyword(s):  

Author(s):  
Leila E Davis ◽  
Joao Paulo A de Souza ◽  
Gonzalo Hernandez
Keyword(s):  

Author(s):  
Detlef Pollack ◽  
Gergely Rosta

Although the countries of Western Europe are very similar to the US in terms of their social, political, and economic conditions, they differ greatly when it comes to religion. Chapter 10 discusses how these differences can be explained. The empirical analysis shows that, besides the considerable differences in the level of religiosity between the US and Western Europe, there are also surprising similarities in the weakening church ties and religious practices. The findings demonstrate that it is in many respects not Europe but America that is the exception. This relates among other things to the level of social inequality, which is unusually high for a modern society, the strong tendencies towards functional dedifferentiation, such as between religion and politics, and the traditionalism of the culturally accepted system of values.


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