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ERF’s Working Papers Series disseminates work in progress in order to promote constructive debate and peer review.

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Debt, Inflation and Growth: Robust Estimation of Long-Run Effects in Dynamic Panel Data Models

Alexander Chudik , Kamiar Mohaddes , Hashem Pesaran and Mehdi Raissi

This paper investigates the long-run effects of public debt and inflation on economic growth. Our ... read more



Do Global Shocks Drive Investor Herds in Oil-Rich Frontier Markets?

Mehmet Balcilar , Riza Demirer , Shawkat Hammoudeh and Ahmed Khalifa

This paper examines the dynamic relationship between global factors and herding behavior in the oil-rich ... read more


Effects of NTMs on the Extensive and Intensive Margins to Trade: The Case of Tunisia and Egypt

Sofiane Ghali , Habib Zitouna , Zouhour Karray and Slim Driss

The last thirty years have witnessed a general liberalization process of merchandize trade flows. Indeed, ... read more



Supplementary Education in Turkey: Recent Developments and Future Prospects

Aysit Tansel

This paper aims to provide the recent developments on the supplementary education system in Turkey. ... read more


The Impact of Labor Mobility on Unemployment: A Comparison between Jordan and Tunisia

Anda David and Mohamed Ali Marouani

Jordan and Tunisia are two non-oil exporting MENA countries characterized by high unemployment rates and ... read more


The Labor Mobility-Employment Nexus: A General Equilibrium Analysis for Jordan

Anda David and Mohamed Ali Marouani

The global crisis had a negative impact on growth and unemployment in Jordan and this ... read more