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The paper explores the connection between the natural rates of unemployment and interest first put forward in the literature by Dennis Robertson in the 1930s. This looks at monetary dynamics in the business cycle and assesses the Robertsonian contribution to developments in macroeconomics before...
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Using a sample of Spanish Catholics, we examined the level of religiosity (measured by beliefs, prayer and church attendance) and the relationship between religiosity and various socio-economic variables. An Ordered Logit estimation of religiosity equations showed that: women are more religious...
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Conceptually, an Islamic bank has an equity-based capital structure, dominated by shareholders' equity and investment deposits based on profit and loss sharing (PLS). There is no need for capital adequacy regulations if the Islamic banks are structured as pure PLS-based organizations. However,...
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