Economy

Islamic economics and finance (IEF) has recently enjoyed a spike in interest and a rise in status from theology-tinged discussion fodder for Muslim intellectuals to a fully fledged academic discipline knocking on the doors of university social science departments. The Handbook of Empirical Research on Islam and Economic Life provides a solid background and overview of current empirical research, evaluating…

Community-driven development rests on the principle of development aid through community participation, which is expected to promote pro-social behavior. This paper studies the impact of such a program in Morocco on social capital as measured by economic field experiments. We played a public goods game to measure how much people care about others in the community, an investment game to…