Working Papers

ERF Working papers are a quick and efficient way of sharing research work to disseminate knowledge, receive feedback, obtain preliminary recognition, and ultimately, to prepare publications.

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Latest Working Papers

Working Papers

Financialization and Income Inequality

This paper investigates the role of shocks to trend in explaining the business... Read More

Date

December, 2025

No.

1821

Topic

F6. Economic Impacts of Globalization

F4. Macroeconomic Aspects of International Trade and Finance

I3. Welfare, Well-Being, and Poverty

O1. Economic Development

Working Papers

Informality and Heterogeneity: Assessing Monetary Policy Transmission in...

This paper investigates the role of shocks to trend in explaining the business... Read More

Date

December, 2025

No.

1820

Topic

E1. General Aggregative Models

E3. Prices, Business Fluctuations, and Cycles

E5. Monetary Policy, Central Banking, and the Supply of Money and Credit

E2. Consumption, Saving, Production, Investment, Labor Markets, and Informal Economy

Working Papers

Innovation Activities and Sustainable Firm Growth in Arab...

This paper investigates the role of shocks to trend in explaining the business... Read More

Date

December, 2025

No.

1819

Topic

L1. Market Structure, Firm Strategy, and Market Performance

O3. Technological Change, Research and Development, Intellectual Property Rights

Working Papers

Stuck in War: The PKK Conflict and Intergenerational...

This paper investigates the role of shocks to trend in explaining the business... Read More

Date

December, 2025

No.

1818

Topic

N3. Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy

I1. Health

I2. Education and Research Institutions

J2. Demand and Supply of Labor

Working Papers

Investor Herding and Islamic Moral Economy and Finance:...

This paper investigates the role of shocks to trend in explaining the business... Read More

Date

December, 2025

No.

1817

Topic

G1. General Financial Markets

Full List of Working Papers

Working Papers
Stochastic Growth Model and the Role of Shocks to Trend in the MENA Region

This paper investigates the role of shocks to trend in explaining the business cycle fluctuations... Read More

Working Papers
Micro equity for Microenterprises: Evidence from an Artefactual Field of Experiment and Survey

Access to finance is often listed as one of the most important constraints on the... Read More

Working Papers
Funding MSMEs in North Africa and Microfinance: The Issue of Demand and Supply Mismatch

A pooled sample of 3,075 Micro, Small, and Medium-sized Enterprises (MSMEs) is designed as for... Read More

Working Papers
Do AEO Programs Facilitate Trade? An Empirical Assessment of the OIC Member States

The Authorized Economic Operator (AEO) program comprises of comprehensive trade facilitation and security improvement measures... Read More

Working Papers
On Ideas and Economic Policy: A Survey of MENA Economists

This paper examines how economic ideas have been shaped throughout history and the influence of... Read More

Working Papers
Short- and Long-Run Tail Dependence Switching in MENA Stock Markets: The Roles of Oil, BITCOIN, Gold and VIX

This paper examines the left and right tail dependence-switching structure between twelve MENA stock markets,... Read More

Working Papers
Oil Price Changes and Industrial Output in the MENA Region: Nonlinearities and Asymmetries

In this paper, we investigate the nature of asymmetry in the influence of oil price... Read More

Working Papers
Agglomeration Effects in a Developing Economy: Evidence from Turkey

Spatial inequalities in Turkey are a source of considerable policy concern. In this paper, I estimate... Read More

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