While prolonged debates exist pertaining to the relationship between labor market conditions and religion, there is little empirical work examining the causal effect of structural changes in employment conditions on religion. ...

We study the relationship between religion and state capacity in the European districts of the Ottoman Empire in the year 1530. Starting from a small tribe settled in northwestern Anatolia at the end of the thirteenth ...

Whereas certain regions and countries in the Middle East are currently enjoying incomes that are among the highest in the world, others are in extreme poverty. Although much of this difference may be attributable to climate ...

This paper studies the emergence of Malikane Divani system and its impact on economic outcomes in the Ottoman Empire in 16th century. Developing an argument based on state capacity, it empirically establishes a strong ...

Pious foundations also known as waqfs in the Islamic world have been one of the major achievement of Islamic civilization. They have served not only as financial institution but also the way of supplying all sort of social ...

This paper mainly aims to develop a participating mortgage model complied with Islamic finance principles and to compare it with the conventional mortgage model. The point that distinguishes our work from the literature ...

Following the last global financial crisis, efficiencies of stock markets have come to sight as a novel area of research. The question of what factors shape the efficiency of the stock market is naturally always of a ...

The housing market has attracted substantial interest in both theory and practice as its interactions with the rest of the economy has far-reaching implications from the perspectives of the households, businesses and the ...

The rapid increase in population and urbanization in the modern world increases concerns about urban development and financing. The gap between the projects designed for urban development and the financial resources required ...

This study analyzes the effects of monetary policy tools and macro prudential measures on credit growth during 2002Q4-2015Q1 period by using Turkish banking sector balance sheet data and panel data estimation methods. ...