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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The Impact of Ownership on Corporate Performance: The Case of the UAE
This study attempts to identify whether government ownership has an effect on corporate performance, such... Read More
Do Oil Prices Affect Kuwait Sectoral Stock Prices? Non-Linear Cointegration Evidence
This paper tests the asymmetric long-run dynamics between oil price changes and Kuwait stock prices... Read More
Relationship Between Remittances and Macroeconomic Variables in Times of Political and Social Upheaval: Evidence from Tunisia’s Arab Spring
If Tunisia was hailed as a success story with its high rankings in economic, educational,... Read More
Revisiting the Middle-Class Myth: Evidence From A Cross-Country Analysis of African Social Progress
We analyze the relationship between the expansion of middle class in 42 African countries and... Read More
Determinants of Household Education Expenditure in Sudan
This paper examines the factors that influence households' expenditure on education in Sudan using the... Read More
Political Stability, Firm Characteristics and Performance: Evidence From 6,083 Private Firms in the Middle East
Using firm-level data from an EBRD/EIB/WB joint survey covering more than 6,000 private firms in... Read More
The Race to the Top: Institutional Clusters and World FDI Shares
The literature on the institutions-FDI nexus has treated the influence of institutions independently of each... Read More
The Microeconomic Impact of Political Instability: Firm-Level Evidence from Tunisia
This paper explores the impact of political instability on firms. The context of this paper... Read More
Firm Productivity, Technology and Export Status, What Can We Learn from Egyptian Industries?
We explore to what extent the export status and technological choices are related to firm... Read More