We use a semi structural model to estimate neutral rates in the United States. Our Bayesian estimation incorporates prior information on the output gap and potential output (based on a production function approach) and accounts for unconventional monetary policies at the ZLB by using estimates...

Foreign holdings of emerging markets (EMs) government bonds have increased substantially over the last decade. While foreign participation in local-currency sovereign bond markets provides an additional source of financing and reduces sovereign yields, it raises concerns about increased...

Lineare und nichtlineare dynamische Systeme werden in der aktuellen wirtschaftswissenschaftlichen Forschung immer wichtiger und ermöglichen ein tieferes Verständnis sowohl für geordnete wie auch chaotische Abläufe der Konjunktur und der Finanzmärkte. Mathematische Methoden, die in den...

Frontmatter -- Contents -- Acknowledgements -- A note on transliteration and dates -- Abbreviations -- Introduction: Islamic Finance in the Global Economy -- 1 Islamic finance in theory and practice -- 2 Islam, Economics and Finance -- 3 Riba, Gharar, and the Moral Economy of Islam in Historical...