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The euro area is experiencing a sovereign debt crisis; as a result, the foundations of its monetary union have been shattered. This crisis, which is an extension of an international financial crisis, shows that the European Union is not an optimum currency area. Robert Mundell’s work remains...
Persistent link: https://www.econbiz.de/10010754761
The title of the paper deals with an important issue: Is moral Islamic economics an answer to the global financial crisis? When we look at the literature, we do not have too much to say to answer this question
Persistent link: https://www.econbiz.de/10012931784
L’évaluation du prix des actifs est un problème récurrent en économie. Cette question se pose dans le domaine de l’immobilier comme dans d’autres domaines. Après une très forte phase de croissance, le marché immobilier américain a été touché à partir du mois de juin 2007 par...
Persistent link: https://www.econbiz.de/10010796406
We study performance of Islamic and conventional indices of the Gulf Cooperation Council (GCC) countries in the wake of financial crisis of 2008 and test whether Islamic indices were less risky than conventional indices. We make use of data of the six GCC markets as well as the Dow Jones Islamic...
Persistent link: https://www.econbiz.de/10010786602