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The purpose of this paper is to study the direction of causality between the stock market and macroeconomic variables. India is taken as a case study. Although, there have been many studies which attempted to find out the relationship between Indian stock market and economic variables, this...
Persistent link: https://www.econbiz.de/10011212585
This paper seeks to close the gap of the lack of empirical evidence surrounding the different impact of conventional interest rates on Islamic finance components – Islamic stock markets, Islamic banking and Islamic insurance (called takaful). Such evidence remains imperative in order for the...
Persistent link: https://www.econbiz.de/10011212777
Generally, Shariah (Islamic) indices are considered to have lower portfolio betas relative to conventional ones. The lower portfolio beta of Islamic indexes is a logical result of Shariah screening. As Shariah screening eliminates stocks with high financial leverage, the resulting portfolio beta...
Persistent link: https://www.econbiz.de/10011267863
Econometricians had been blamed for the financial crises that occurred due to their giving a ‘false hope’ to investors and policy makers using untested theoretical assumptions. Therefore, econometricians had been challenged to reform their studies by grounding them more solidly on reality....
Persistent link: https://www.econbiz.de/10011267877
More often than not, the State did not acknowledge the matrimonial norms as settled by the Church. This relation seems to have altered towards the end of the 19th century, when the State succeeded in imposing on the Church the respect for the general civil framework. Yet, the change was not...
Persistent link: https://www.econbiz.de/10011258624
The present paper wishes to be an inventory of the historical-demographical writings within Romanian landscape. We were able to identify preoccupation for demographic phenomena even since late 19th century, that have grown once with the creation of a discipline of historical demography in the...
Persistent link: https://www.econbiz.de/10011258644
A marriage amongst youth belonging to the Greek-Catholic and Orthodox confessions was considered almost normal in certain communities. This can be explained by the fact that few parishioners could grasp the differences between the two confessions. At the same time, we have the ethnical aspect....
Persistent link: https://www.econbiz.de/10011258679
Divorce, common-law marriage and illegitimacy (irrespective of its forms) were, no matter the society typology as the phenomenon is approached, forms of social deviation that entailed the dilution of the family image and norms. We do not discuss here about a dilution of the traditional norms...
Persistent link: https://www.econbiz.de/10011258705
The image of the European culture is given by the association of the concepts people-culture-history-territory, which provides certain local features. From this relation, we identify a cultural area with local, regional and national features beyond a certain European culture. Thus, we identify...
Persistent link: https://www.econbiz.de/10011258721
The volume brings together more than 30 papers grouped in five sections: 1. Empires, models and imperial politics: issues and historiographies, 2. Politics, administration and society within the Empires from Middle Age, 3. Politics, administration and societies within the Empires from Modern...
Persistent link: https://www.econbiz.de/10011258825