For centuries following the spread of Islam, the Middle East was far ahead of Europe. Yet, the modern economy was born in Europe. Why was it not born in the Middle East? In this book Jared Rubin examines the role that Islam played in this reversal of fortunes. It argues that the religion itself...

Das Buch geht von drei möglichen Strategien zur langfristigen Bewältigung der Folgen des Demografischen Wandels aus und untersucht eine davon eingehend: die Erhöhung der Kinderzahl. Die Autoren stellen die Frage, warum die Geburtenziffer in Deutschland als zu gering erachtet wird und leiten...

In this paper, we use a modified concept of Granger-(non)causality in reconsidering the negative correlation between stock returns and inflation known in the literature as stock return-inflation puzzle. Based on the quarterly data for Germany including stock returns, inflation rates and growth...