Muhammad Salar Khan

Muhammad Salar Khan, Hamza Umer

This study examines religious biases in AI-generated financial advice, focusing on ChatGPT's responses to financial queries. Using a prompt-based methodology and content analysis, we find that 50% of the financial emails generated by ChatGPT exhibit religious biases, with explicit biases present in both ingroup and outgroup interactions. While ingroup biases personalize responses based on religious alignment, outgroup biases introduce religious framing that may alienate clients or create ideological friction. These findings align with broader research on AI bias and suggest that ChatGPT is not merely reflecting societal biases but actively shaping financial discourse based on perceived religious identity. Using the Critical Algorithm Studies framework, we argue that ChatGPT functions as a mediator of financial narratives, selectively reinforcing religious perspectives. This study underscores the need for greater transparency, bias mitigation strategies, and regulatory oversight to ensure neutrality in AI-driven financial services.

Muhammad Salar Khan

Within the national innovation system literature, empirical analyses are severely lacking for developing economies. Particularly, the low- and middle-income countries (LMICs) eligible for the World Bank's International Development Association (IDA) support, are rarely part of any empirical discourse on growth, development, and innovation. One major issue hindering panel analyses in LMICs, and thus them being subject to any empirical discussion, is the lack of complete data availability. This work offers a new complete panel dataset with no missing values for LMICs eligible for IDA's support. I use a standard, widely respected multiple imputation technique (specifically, Predictive Mean Matching) developed by Rubin (1987). This technique respects the structure of multivariate continuous panel data at the country level. I employ this technique to create a large dataset consisting of many variables drawn from publicly available established sources. These variables, in turn, capture six crucial country-level capacities: technological capacity, financial capacity, human capital capacity, infrastructural capacity, public policy capacity, and social capacity. Such capacities are part and parcel of the National Absorptive Capacity Systems (NACS). The dataset (MSK dataset) thus produced contains data on 47 variables for 82 LMICs between 2005 and 2019. The dataset has passed a quality and reliability check and can thus be used for comparative analyses of national absorptive capacities and development, transition, and convergence analyses among LMICs.