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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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
Wage Inequality and Wage Mobility in Turkey
This paper investigates wage inequality and wage mobility in Turkey using the Surveys on Income... Read More
A Multilevel Analysis of Individuals’ Attitudes toward Welfare State Responsibilities
Making use of data from the European Social Survey (ESS), we investigate the determinants of... Read More
Trade Liberalization and the Costs and Benefits of Informality: An Intertemporal General Equilibrium Model for Egypt
This research aims at assessing the costs and benefits of informality for the Egyptian Economy... Read More
Inequality of Opportunity in Individuals’ Wages and Households’ Assets in Egypt
Inequality has often been cited as one of the leading sources of discontent in Egypt... Read More
Measurement of Total Factor Productivity and Its Determinants: Case of Wheat Sector in Tunisia
The main objectives of this study are to quantify the Total Factor Productivity (TFP) growth... Read More
The Institutional Curse of Natural Resources in the Arab World
This paper argues that the resource curse in the Arab world is primarily an “institutional... Read More
The Distributional Consequences of Economic Growth and Public Spending Programs in Iran
This paper employs a quantile regression method and household expenditure surveys to assess the general... Read More