Purpose: This paper aims to examine whether competition from Islamic banks add to the financial stability and profitability of financial sector and to assess the sources of such (in)stability. Design/methodology/approach: Using Herfindahl–Hirschman Index as a measure of competition and...

Purpose: This paper aims to study institutions, human capital and economic growth in developing countries. Design/methodology/approach: The study applies dynamic system Generalized Method of Moments (GMM) and simultaneous quantile regression on a panel of 120 developing countries for the period...