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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A Risk-Hedging View to Refinery Capacity Investment
Should oil-rich members of OPEC invest in the oil refinery industry? This is a crucial... Read More
Remittances and Disaggregated Country Risk Ratings in Tunisia: An ARDL Approach
Tunisia is currently facing political, economic and financial problems that are having an impact on... Read More
An artificial neural network augmented GARCH model for Islamic stock market volatility: Do asymmetry and long memory matter?
The aim of this paper is to study the volatility and forecast accuracy of the... Read More
Islamic finance and herding behavior theory: a sectoral analysis for Gulf Islamic stock market
This study examines herding behavior in four sectors of the Gulf Islamic stock markets. Based... Read More
Innovation technology and environmental sustainability in the case of Tunisia
This study examines the relationship between innovation and environmental sustainability in Tunisia over the 1971-2014... Read More
What drives renewable energy production in MENA Region? Investigating the roles of political stability, governance and financial sector
Policymakers in MENA Region face several choices to increase levels of renewable energy production under... Read More
The Environmental Effects of FDI: Evidence from MENA Countries
Empirical work on the environmental effects of FDI has produced a mixed bag of results,... Read More
Healthcare system efficiency and its determinants: A two-stage Data Envelopment Analysis (DEA) from MENA countries
Efficiency is becoming one of the central preoccupations of health sector due to mounting pressures... Read More
Between Stabilization and Allocation in the MENA Region: Are Competition Laws Helping?
In the 1990s, many MENA countries relied on adjustment and stabilization programs offered by international... Read More