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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Fiscal Regimes in and Outside the MENA Region
Abstract The 1990s ushered the world not only into a democracy wave, following the collapse... Read More
Stock Market Liquidity: Comparative Analysis of The Abu Dhabi Stock Exchange and Dubai Financial Market
Abstract In the context of stock markets, the financial economics literature has developed the concept... Read More
Residential Water Demand: A Panel Cointegration Approach and Application to Tunisia
Abstract In this paper we use an appropriate econometric technique to analyze residential water demand... Read More
Institutional Evolution and Economic Development in Iran and Turkey
Abstract Iran and Turkey historically had outwardly similar politoconomic experiences. Particularly after the World War... Read More
International Capital Mobility and Factor Reallocation in a Multisector Economy
Abstract This paper examines the effects of international capital flows in a small open economy... Read More
Assessing the Global Effect of Trade Facilitation: Evidence from the MIRAGE Model
Abstract This paper provides an attempt to model trade facilitation in a multi-regional and multi-sectoral... Read More
The Relative Volatility of Commodity Prices: A Reappraisal
Abstract This paper studies the volatility of commodity prices on the basis of a large... Read More
On Capital Flows and Macroeconomic Performance: Evidence Before and After the Financial Crisis in Turkey
Abstract The paper sheds light on the Turkish experience of capital account liberalization and its... Read More
Commodity Windfalls, Polarization, and Net Foreign Assets: Panel Data Evidence on the Voracity Effect
Abstract This paper examines the effects that windfalls from international commodity price booms have on... Read More