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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Sovereign Wealth Funds, Cross-Border Investment Bias and Institutions: The Case of Arab Countries
SWF surpassed US$ 5.5 trillion in assets in 2014, growing nine-fold since 2002. Typically, SWFs... Read More
Optimal Asset Allocation and Consumption Rules for Commodity-Based Sovereign Wealth Funds
This paper studies the optimal asset allocation for a sovereign wealth fund (SWF) subject to... Read More
Consumption Smoothing and Shock Persistence: Optimal Simple Fiscal Rules for Commodity Exporters
A common criticism of balanced budget fiscal rules is that they increase the consumption volatility... Read More
Determinants and Impact of Households’s Out-of-Pocket Health Care Expenditure in Sudan: Evidence From Urban and Rural Population
This study examines the determinants of out of pocket (OOP) health expenditures and the factors... Read More
Labor Demand in Tunisia: Size, Structure and Determinants
This paper explores the employment performance and capacities of the Tunisian private sector with a... Read More
Public-Private Wage Disparities, Employment and Labor Market Segmentation in Tunisia
The dysfunction of the Tunisian labor market is exacerbated particularly by the segmentation between public... Read More
Child Labor and Schooling in Tunisia
This paper provides evidence on the extent of child labor in Tunisia, its determinants and... Read More
Migration Patterns and Labor Market Outcomes in Tunisia
This paper focuses on the emigration’s effects on non-migrants and particularly on the interactions with... Read More
Egypt’s Government Spending Multiplier: Its Size and Determinants
Fiscal policy has a potentially significant role in generating real income and stimulating aggregate demand.... Read More