Religious participation and children's education : a social capital approach

Based on the argument in both economic and sociological literature that religion is conducive to children’s human capital formation, this paper provides a model of religious participation and explores a mechanism that “social capital” affects children’s education, a la Coleman [Coleman, J.S., 1988. Social capital in the creation of human capital. American Journal of Sociology 94, S95–S120]. The model generates several interesting implications, which help explain some important stylized facts about education and religion. Further, in a dynamic setting, the model shows that there exists a steady state in which individuals allocate a positive amount of time and resources to religious activities. Thus, it complements the existing literature to explain why seemingly unproductive religions can be everlasting.