Business cycle volatility, growth and financial openness: Does Islamic finance make any difference?
This paper presents an approach for assessing the contribution of Islamic finance in an economic system by modeling a composite index in order to analyze the risk of crises caused by financial openness and its impact on growth and volatility of business cycles. Through a sample of 14 industrialized...
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| Format: | Article |
| Language: | English |
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Elsevier
2016-09-01
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| Series: | Borsa Istanbul Review |
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| Online Access: | http://www.sciencedirect.com/science/article/pii/S2214845015300223 |