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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Full List of Working Papers
Could the Behavioral Responses Justify the Absence of Direct Transfers to Fight Poverty in MENA Region?
Abstract While cash transfers through proxy means tests have increased over the last decade in... Read More
Monetary Policy Transmission and Targeting Mechanisms in the MENA Region
Abstract Since the early 1990s some industrialized economies have implemented a monetary policy regime shift known... Read More
Analysis of Attrition Patterns in the Turkish Household Labor Force Survey, 2000-2002
Abstract This paper offers an analysis of attrition patterns in the “new” Turkish Household Labor... Read More
The Impact of War and Terrorism on Sovereign Risk in MENA Countries
Abstract The prolonged war in Iraq, the political turmoil in Lebanon, the heightened tension between the... Read More
The Institutional Environment and the Banking – Growth Nexus: Theory and Investigation for MENA
Abstract This paper seeks to provide some theoretical and empirical answers to the following question: Does... Read More
Returns To Education: An Updated Comparison From Arab Countries
Abstract The paper provides a comparative study of private rate of return to education in... Read More
Privatization and Financial Market Development: A Comparison Between MENA Countries and Other Regions
Abstract This paper examines the impact of privatization on stock market size and liquidity in... Read More
Financial Liberalization and Money Demand in Morocco
Abstract This paper investigates whether the financial liberalization that Morocco has been undertaking since the early... Read More
Rational Speculative Bubbles: An Empirical Investigation of the Middle East and North African (MENA) Stock Markets
Abstract Despite recent extreme fluctuations of Middle East and North African (MENA) stock markets, we do... Read More