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.
Latest Working Papers
Full List of Working Papers
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
Return Migrants and the Wage Premium: Does the Legal Status of Migrants Matter?
This paper examines the long-term impact of the legal status of overseas temporary migrants. Using... Read More
Targeting Debt in Lebanon: A Structural Macro-Econometric Model
Quality statistics on developing economies in the Arab region are rare, and their advanced analysis... Read More
Standards and Market Power: Evidence from Tunisia
We develop a theoretical model and derive conditions under which firms with market power try... Read More
To Bank or Not to Bank: The Determination of Cash Holdings and Lines of Credit
This paper investigates two liquidity choices of listed Jordanian firms: internal represented by cash holdings... Read More
The Impact of Major Oil, Financial and Uncertainty Factors on Sovereign CDS Spreads: Evidence from GCC, Other Oil-Exporting Countries and Regional Markets
The aim of this paper is to investigate the impact of oil price volatility and... Read More