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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Full List of Working Papers
The Political Economy of Petroleum Wealth in Low-Income Countries: Some Policy Alternatives
Mineral wealth tends to make low-income countries less democratic and more likely to experience a... Read More
The Determinants of MENA Export Diversification: An Empirical Analysis
The aim of this paper is to study driving forces behind export diversification in Middle... Read More
Bank Profitability and the Business Cycle: Evidence from MENA Countries
Understanding and monitoring the impact of a declined economy on the health of the banking... Read More
The Effects of Countercyclical Fiscal Policy: Firm-Level Evidence from Temporary Consumption Tax Cuts in Turkey
The paper investigates the effects of temporary consumption tax cuts using firm-level data. As part... Read More
Tax Morale and Pro-Social Behavior: Evidence from a Palestinian Survey
The Palestinian context is missing in the tax morale literature. Hence, in this paper we... Read More
Ownership Structure and Financial Performance in Islamic Banks: Does Bank Ownership Matter?
The current study aims to investigate empirically the relation between ownership structure (concentration and mix)... Read More
Are International Food Price Spikes the Source of Egypt’s High Inflation?
This paper examines whether domestic inflation spikes in Egypt during 2001-2011 were primarily the result... Read More
Threshold Effect of Inflation on Growth: Evidence from MENA Region
The nature of the relationship between inflation and growth is highlighted in the present study... Read More
Financial Cascades in The MENA Region: Theory, Empirics and Policy
We develop a randomized analytical model of financial herds and cascades, which we first numerically... Read More