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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External Returns to Higher Education in Turkey
Abstract This paper studies local human capital externalities and returns to education in Turkey. Data... Read More
Trade Openness and CO2 Emissions in Tunisia
Abstract The literature on trade often focuses on its impact on economic growth. However, more... Read More
Agricultural Trade Liberalization, Productivity Gain and Poverty Alleviation: A General Equilibrium Analysis
Abstract Computable General Equilibrium (CGE) models have gained popularity as an empirical tool for assessing... Read More
Vulnerability to External Financial Shocks: The Case of Turkey
Abstract For many observers, Turkey’s performance during the “2007+ global financial crisis” was puzzling. In... Read More
Hazard Analysis of Unemployment Duration by Gender in A Developing Country: The Case of Turkey
Abstract There is little evidence on unemployment duration and its determinants in developing countries. This... Read More
Is the Announced Monetary Union in GCC Countries Feasible? A Multivariate Structural VAR Approach
Abstract This paper tests the desirability and feasibility of establishing a monetary union in GCC... Read More
Hedging Transaction Exposure within the Context of a Basket Foreign Exchange Rate Arrangement
Abstract In a basket managed foreign exchange rate arrangement, the volatility of the domestic money... Read More
Trends of Total Factor Productivity in Egypt’s Pharmaceutical Industry: Evidence from the Nonparametric Malmquist Index Approach
Abstract In this paper, trends in total factor productivity (TFP) growth in 13 of Egypt's... Read More
The Liquidity Effect in Algeria and Morocco: A Multivariate Threshold Autoregressive Investigation
Abstract The objective of this paper is to test for the liquidity effect in Algeria... Read More