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Keywords: Human capital
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Journal Articles
Islamic Economic Studies (2022) 29 (2): 86–99.
Published: 13 October 2021
... technically to Lucas–Uzawa model (1988) in which the human capital defined as the individual's skill level acquired through formal education and learning by doing is replaced by ethical capital (piety). Findings The model proves theoretically that Islamic ethics are a key engine of endogenous economic...

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