Independent Variables

Dependent Variables

$\ln I{R}_i$

PFI_i

EFI_i

lnIR_i

0.9541***

1.1632

(0.000)

(0.226)

PFI_i

0.1341***

−0.8217**

(0.000)

(0.049)

EFI_i

0.0099

−0.0332**

(0.138)

(0.040)

lnGDP/Cap_i

0.2505***

−0.0959

5.1938***

(0.000)

(0.424)

(0.000)

Gini_i

0.0233***

0.0584***

0.1291*

(0.000)

(0.000)

(0.084)

D_Christ

0.3758**

−3.7528**

(0.013)

(0.021)

D_Jew

0.5727***

−7.2248***

(0.001)

(0.000)

D_Bud

0.4600*

4.1529*

(0.067)

(0.063)

D_Mus

2.1466***

(0.000)

D_French

0.5018***

1.0664***

(0.002)

(0.006)

D_English

−0.8457***

2.9631*

(0.014)

(0.085)

D_Spanish

−0.8402*

(0.073)

D_German

3.3206*

(0.100)

R-squared

0.539

0.482

0.513

Adjusted R-squared

0.502

0.452

0.483