Article ID Journal Published Year Pages File Type
5092526 Journal of Comparative Economics 2011 16 Pages PDF
Abstract
► Former Ottoman rule is associated with lower financial development in South Eastern Europe. ► The effect is robust within country. ► The effects are limited to the financial sector. ► Islamic religion per se or does not explain such long term persistence.
Keywords
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Preview
The institutional legacy of the Ottoman Empire: Islamic rule and financial development in South Eastern Europe
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