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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Estimating Money Demand Function by a Smooth Transition Regression Model: An Evidence for Turkey
The money supply process is assumed to be fixed in economic literature or at least... Read More
Output-Employment Relationship across Sectors: A Long- versus Short-Run Perspective
This paper investigates the nature of the output-employment relationship by using the Turkish quarterly data... Read More
The Composition of FDI in the MENA Region and Other Countries: Econometric Investigation and Implications for MENA Countries
We investigate the determinants of the distribution of FDI across greenfield investment and mergers and... Read More
The Growth Effects of Greenfield Investment and Mergers and Acquisitions: Econometric Investigation and Implication for MENA Countries
We explore the effect of foreign direct investment on economic growth in developing countries, distinguishing... Read More
Proxy Means Tests for Targeting Subsidies Scheme in Iran
In this paper, I develop a Proxy Means Tests (PMT) model and examine several targeting... Read More
Structural Transformation and Industrial Policy in Morocco
The manufacturing sector in Morocco emerged in the sixties and early seventies with the support... Read More
Political Patronage and Economic Opportunity: The Case of Vertical Integration in the Egyptian Clothing Industry
This paper investigates the determinants of vertical integration in the Egyptian clothing industry. High-end market... Read More
Macro-Financial Linkages in Egypt: A Panel Analysis of Economic Shocks and Loan Portfolio Quality
This paper investigates macro-financial linkages in Egypt using two complementary methods, assessing the interaction between... Read More
The Impact of Urbanization on Political Outcomes in Turkey
The purpose of this study is to identify the urbanization–related determinants of two key political... Read More