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Publications
Working Papers

Targeting Debt in Lebanon: A Structural Macro-Econometric Model

Salim Mahmoud Araji, Vladimir Hlasny and Vito Intini

This paper lays out and estimates a structural macro-econometric model of the Lebanese economy to simulate the implications of accumulated debt changes on GDP and other economic indicators, and to ... read more


Publications
Working Papers

Economic Voting Under Single-Party and Coalition Governments: Evidence From The Turkish Case

Ali Akarca

Strength of economic voting under single-party and coalition governments is investigated in the case of Turkey. The vote equation developed for this purpose is fitted to data covering 31 parliamentary ... read more


Publications
Working Papers

The U.S. Oil Supply Revolution and the Global Economy

Kamiar Mohaddes and Mehdi Raissi

This paper investigates the global macroeconomic consequences of falling oil prices due to the oil revolution in the United States, using a Global VAR model estimated for 38 countries/regions over ... read more


Publications
Working Papers

Young Gazelles and Aging Turtles: Understanding the Determinants of Employment Creation in the Labor Market in MENA Countries

Hassan Aly, Yousef Daoud, Amr Ragab and Ayhab Saad

The Middle East region has suffered from major unemployment problems that constituted a chief determinant for the Arab Spring.  Even during its best economic years, “jobless growth” was an issue. ... read more


Publications
Working Papers

Information and Communication Technologies and Employment Generation in Turkish Manufacturing Industry

Yilmaz Kilicaslan and Ünal Töngür

This study aims to examine the impact of the use of Information and Communication Technologies (ICT) on employment generation in the Turkish manufacturing industry. This study is said to be ... read more


Publications
Working Papers

Oil, Volatility and Institutions: Cross-Country Evidence From Major Oil Producers

Amany El Anshasy, Kamiar Mohaddes and Jeffrey Nugent

This paper examines the long-run effects of oil revenue and its volatility on economic growth as well as the role of institutions in this relationship. We collect annual and monthly ... read more


Publications
Edited Volumes

Corruption and Economic Development” Selected Papers from The Economic Research Forum 18th Annual Conference

Two years into the Arab revolutions, much of ERF’s region is still in search of a new social contract and state rebuilding. The original demands of those revolutionaries remain largely ... read more


Publications
Edited Volumes

Politics and Economic Development: Selected Papers from The Economic Research Forum 17th Annual Conference

It has been a long time since one calendar year witnessed so many changes and upheavals. This year, 2011, will be remembered for a long time as the year when ... read more


Publications

Publications
Working Papers

Do Sovereign Wealth Funds Dampen the Negative Effects of Commodity Price Volatility?

Kamiar Mohaddes and Mehdi Raissi

This paper studies the impact of commodity terms of trade (CToT) volatility on economic growth (and its sources) in a sample of 69 commodity-dependent countries, and assesses the role of ... read more


Publications
Working Papers

The Egyptian Exporting Community and the Institutional Setup: Assessment of The Last Decade Developments and Perspectives for The EU-Med Partnership

Ahmed Ghoneim

This study evaluates the development of the institutional environment in Egypt over the last decade from the perspective of the Egyptian exporting community. The main objective is to judge whether ... read more


Publications
Working Papers

A New Methodology for Comparative Analysis of Poverty in the Mediterranean: A Model for Differential Analysis of Poverty at A Regional Level

Carla Collicelli and Massimiliano Valerii

Over the last few decades, several studies have pointed out the multidimensional nature of poverty. Poverty suggests a hardship that is not solely confined to lack of the monetary resources ... read more


Publications
Working Papers

Assessing Market Access Preferences for Mediterranean Countries in the EU Market for Industrial Goods

Stefano Inama and Lorenza Jachia

The value of market access opportunities granted within the context of a preferential trading arrangement is a function of the preference margin; the presence of NTM's and other barriers to ... read more


Publications
Working Papers

A Birds-Eye View of the Agenda: The Developing Countries and the Millennium Round

Paolo Guerrieri and Isabella Falautano

Developing countries have a considerable stake in supporting a comprehensive new round of multilateral trade negotiations within the World Trade Organization (WTO) in order to achieve further trade liberalization and ... read more


Publications
Working Papers

Economic Development and Female Labor Force Participation in Turkey: Time-Series Evidence and Cross-Province Estimates

Aysit Tansel

Recently, several researchers hypothesized that the female labor force participation rate exhibits a U-shape during the process of economic development. This paper provides time series evidence on female labor force ... read more


Publications
Working Papers

Debunking Myth: Economic Values in the Arab World Through the Prism of Opinion Polls

Ishac Diwan and Zafiris Tzannatos

Using World Value Survey opinion poll data, we empirically characterize the economic values and norms held by individuals in the Arab world, in comparison to values held in the rest ... read more