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This article summarizes some propositions regarding economic dynamics and implications of two-way altruism, on the basis of the human-capital-based OLG model of Ehrlich and Lui (1991) and Ehrlich and Kim (2007) with application of a modified, fertility-endogenized definition of linearly...
Persistent link: https://www.econbiz.de/10005790136
Shelter is one of the basic needs for human beings. Its availability for the people is an Islamic imperative. In view of the appalling living conditions of a substantial proportion of the population in most countries around the world, especially Muslim, Islamic banks have entered the field with...
Persistent link: https://www.econbiz.de/10009147571
as the possible causes that diminishes his saving and how distributes his income. The paper shows a descriptive analysis … of the variables researched, was made a survey to obtain data about preferences and distribution of the income. It was …
Persistent link: https://www.econbiz.de/10011210470
The field of behavioral economics is one of the fastest-growing fields in economics in recent years. Not long ago this was a small field, but over the last decade or so, the field gained more recognition, and today it seems clear that psychological motivations and biases affect economic behavior...
Persistent link: https://www.econbiz.de/10005836571
that subjects think about both the relative and the absolute price differences, even though according to economic theory …
Persistent link: https://www.econbiz.de/10008583579
The fact that happiness does not increase as income increases (Easterlin Paradox) has puzzled a number of scholars for … a number of decades. The latest research on this topic concludes that happiness increases with an increment in income in … the short term but it adapts to this income increment in the long term. What is the Islamic economics explanation for …
Persistent link: https://www.econbiz.de/10011258772
unhappy or very unhappy feelings. The rest of the factors such as income, education, age, gender, and employment status are …
Persistent link: https://www.econbiz.de/10008871307
Increasing happiness of population as the ultimate goal has engaged economist’s interest in identifying, measuring and theorizing based on the amount of influence of effective components on happiness. What makes this paper remarkable in contrast to similar studies is its Islamic ideological...
Persistent link: https://www.econbiz.de/10009001188
contentment through self control. Because of strong income effects, demand for self control turns out to be non-monotonic in price …
Persistent link: https://www.econbiz.de/10008693565
Based on 2001 Canadian Census data, we investigate the return to investment in human capital in Canada. Internal rates of return (IRR) imply that the value of education varies by gender, level of education, and field of study. A bachelor's degree yields the highest IRR; the IRR from higher...
Persistent link: https://www.econbiz.de/10011107317