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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Job Accession, Separation and Mobility in the Egyptian Labor Market Over the Past Decade
The aim of this paper is to assess to what extent is the Egyptian labor... Read More
Foreign Direct Investment and Wages: Does the Level of Ownership Matter?
This study hypothesizes that the level of foreign equity participation is a key determinant of... Read More
The Economic Determinants of Political Islam: An Empirical Investigation of the Arab Spring in Egypt
This paper empirically studies the voting outcomes of the first post-revolution presidential elections in Egypt.... Read More
Firms Inormality: A Model and Empirical Evidence for Lebanon
This paper tests the implications of a simple equilibrium model that describes the informal economy... Read More
Growing Without Changing: A Tale of Egypt’s Weak Productivity Growth
This paper aims to identify the reasons why economic growth in Egypt, although comparable to... Read More
Structural Breaks, Dynamic Correlations, Volatility Transmission, and Hedging Strategies for International Petroleum Prices and U.S. Dollar Exchange Rate
This paper investigates asymmetric volatility spillovers, forecasts and portfolio diversification between the USD/euro exchange market... Read More
BRICS vs. MENA Countries: Mapping Out Threats and Opportunities
The rising economic and political power of the BRICS countries cannot be neglected or ignored.... Read More
Financial Development and Democracy: Is the Relationship Non-Linear?
Political economy theories of financial development give no clear indication on how political regime impacts... Read More
The Impact of Oil Price Fluctuations on the Sudanese Stock Market Performance
This paper investigates the impact of crude oil price shocks on the returns and volatility... Read More