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
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
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