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
Is Corporate Governance Different for Islamic Banks? A Comparative Analysis between the Gulf Cooperation Council Context and the Southeast Asia Context
Islamic banks are particular financial institutions generating distinct corporate governance challenges. The present study examines... Read More
Understanding and Avoiding the Oil Curse in Sudan
This paper examines the impact of the oil boom, as a blessing or curse, on... Read More
Econometric Modeling of World Oil Supplies: Terminal Price and the Time to Depletion
This paper develops a novel approach by which to identify the price of oil at... Read More
The Spillover Effects of the Global Financial Crisis on Economic Activity in Emerging Economies – Investigating the Egyptian Case Using the Financial Stress Index
The global financial crisis of 2007 raised concerns about spillover effects to economic activity in... Read More
Detecting Corruption and Evaluating Programs to Control It: Some Lessons for MENA
This paper attempts the following tasks. First, it attempts to examine the seriousness of corruption... Read More
Formal and Informal Social Protection in Iraq
We study formal and informal insurance in Iraq using empirical data from a household survey.... Read More
Predicting Bank Financial Strength Ratings in an Emerging Economy: The Case of Turkey
The recent global financial crisis shows us that the rating of bank’s financial strength can... Read More
Flow of Migrants’ Remittances into Sudan: the Role of Macroeconomic Environment
Considering the importance of migrants’ remittances as a vital source of financing economic development and... Read More
Exchange Rate Undervaluation, Financial Development and Growth
This paper examines the interaction between financial development and the impact of undervaluation on growth.... Read More