Makro-Pic Seminar: Economics of Islam

Lecture number: 800991
Block Seminar: June, 16th and June, 17th, 2017 (room Oec. 0.211).
Kickoff Meeting: April, 13th, 1pm, Room Oec 0.169.
Application: until April, 20th.
Allocation of Topics: April, 21st.
Enrollment in Flexnow: April, 21-May, 1st.
Prep Meeting "How to write a seminar paper": April, 27th, 4-5pm, Room Oec. 1.165.
Essay Submission: until May, 29th, 11:59pm.
Final Prep Meeting: June, 8th, 1pm, Room VG 1.106
Seminar Info: info
Supervision: Johannes Schuenemann: email   Viacheslav Yakubenko: email
Course material for participants is available at the course material webpage

Recommended introductory texts for all participants:
Kuran, T. (1997). Islam and underdevelopment: an old puzzle revisited. Journal of Institutional and Theoretical Economics 153, 41-71.
Kuran, T. (2004). Why the Middle East is economically underdeveloped: historical mechanisms of institutional stagnation. Journal of Economic Perspectives, 18(3), 71-90.


1. People's Opium? Religion and Economic Attitudes

Reference: Guiso, L., Sapienza, P., and Zingales, L. (2003). People's Opium? Religion and Economic Attitudes. Journal of Monetary Economics, 50(1), 225-282..

2. Does Religion Affect Economic Growth and Happiness? Evidence from Ramadan

Reference: Campante, F., and Yanagizawa-Drott, D. (2015). Does Religion Affect Economic Growth and Happiness? Evidence from Ramadan. Quarterly Journal of Economics, 130(2), 615-658..

3. Democratic Change in the Arab World

Reference: Chaney, E. (2012). Democratic change in the Arab world, past and present. Brookings Papers on Economic Activity, 2012(1), 363-414.

4. A theory of the Islamic Revival in Egypt

Reference: Binzel, C., and Carvalho, J.P. (2013). Education, social mobility and religious movements: A theory of the Islamic revival in Egypt.

5. Interest Restrictions in Islam and Christianity

References: Rubin, J. (2011). Institutions, the rise of commerce and the persistence of laws: Interest restrictions in Islam and Christianity. Economic Journal, 121(557), 1310-1339.

6. Law, State Power, and Taxation in Islamic History

Reference:Cosgel, M., Miceli, T., and Ahmed, R. (2009). Law, state power, and taxation in Islamic history. Journal of Economic Behavior & Organization, 71(3), 704-717.

7. The Institutional Legacy of the Ottoman Empire

Reference: Grosjean, P. (2011). The institutional legacy of the Ottoman Empire: Islamic rule and financial development in South Eastern Europe. Journal of Comparative Economics, 39(1), 1-16.

8.Taxes, Charity, and Political Islam

Reference: Fourati, M., Gratton, G., and Grosjean, P. A. (2016). Render unto Caesar: Taxes, charity, and political Islam.

9. Islam, Inequality and Pre-industrial Comparative Development

Reference: Michalopoulos, S., Naghavi, A., and Prarolo, G. (2016). Islam, inequality and pre-industrial comparative development. Journal of Development Economics, 120, 86-98.

10. Religion and Tolerance in Islam's Global Gathering

Reference: Clingingsmith, D., Khwaja, A. I., and Kremer, M. (2009). Estimating the Impact of the Hajj: Religion and Tolerance in Islam's Global Gathering. Quarterly Journal of Economics, 1133-1170.

11. Health capital and the Prenatal Environment: the Effect of Ramadan Observance during Pregnancy

Reference: Almond, D., and Mazumder, B. A. (2011). Health capital and the prenatal environment: the effect of Ramadan observance during pregnancy. American Economic Journal: Applied Economics, 3(4), 56-85.

12. Islam's Democracy Paradox

Reference: Rowley, C. K., and Smith, N. (2009). Islam's democracy paradox: Muslims claim to like democracy, so why do they have so little?. Public Choice, 139(3-4), 273-299.

13. Islam and Fertility

References: Heaton, T. B. (2011). Does religion influence fertility in developing countries. Population Research and Policy Review, 30(3), 449-465.
Munshi, K., and Myaux, J. (2006). Social norms and the fertility transition. Journal of Development Economics, 80(1), 1-38.

14. Does Secular Education Impact Religiosity, Electoral Participation and the Propensity to Vote for Islamic Parties?

Reference: Cesur, R., and Mocan, N. H. (2013). Does secular education impact religiosity, electoral participation and the propensity to vote for Islamic parties? Evidence from an education reform in a Muslim country, NBER Working Paper 19769.

15.The Power of the Street: Evidence from Egypt's Arab Spring

Reference: Acemoglu, D., Hassan, T. A., and Tahoun, A. (2014). The power of the street: Evidence from Egypt's Arab Spring NBER Working Paper 20665).

16. Club Goods and Group Identity

Reference: Chen, D. L. (2010). Club goods and group identity: Evidence from Islamic resurgence during the Indonesian financial crisis. Journal of Political Economy, 118(2), 300-354.