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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Climate Change and Fiscal Sustainability: Risks and Opportunities
Both the physical and transition-related impacts of climate change pose substantial macroeconomic risks. Yet, markets... Read More
Corruption: A Brutal Enemy of Economic Diversification in MENA Oil Exporters
This paper aims, on the one hand, to investigate the impact of corruption on economic... Read More
Potential Effects of the EU’s Carbon Border Adjustment Mechanism on the Turkish Economy
In December 2019, the European Union (EU) announced the European Green Deal (EGD) to create... Read More
Economic Resilience in Developing Countries: The Role of Democracy in the Face of External Shocks
In this paper, we examine the role of democracy in strengthening the resilience of developing... Read More
How Economic, Political, and Institutional Factors Influence the Choice of Exchange Rate Regimes? New Evidence from Selected Countries of the MENA Region
In this paper, we investigate how economic, political, and institutional factors affect the choice of... Read More
Does Maternal Education Curb Female Genital Mutilation? Evidence from a Natural experiment in Egypt
In this study, we exploit a natural experiment, an education policy change reducing compulsory schooling... Read More
Policy Responses, Social Norms, and Behavior Change in the Time of Covid-19
Inducing behavior change is a missing factor in the face of viral threats. Using a... Read More
Civil Conflicts and Exchange Rate Misalignment: Evidence from MENA and Arab League Members
For more than a decade, civil conflicts intensity has been high in the Middle East... Read More
Monetary-Fiscal Policy Interactions During Uncertainty Shocks: Evidence from Egypt
This paper empirically examines monetary-fiscal interactions during uncertainty shocks. Applying on the Egyptian economy, we... Read More