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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Macroeconomic Instability, Capital Accumulation and Growth: The Case of Turkey 1963-1999
This study investigates the empirical relationships between macroeconomic instability, capital accumulation and growth in Turkey... Read More
The Changing Financial Landscape: Opportunities and Challenges for The Middle East and North Africa
Economists have come to acknowledge that finance matters for development in more ways than had... Read More
Trade and Migration, Are they Complements or Substitutes: A Review of Four MENA Countries
This study reviews two types of migration flows within the Middle East North Africa (MENA)... Read More
Measuring Exchange Rate Misalignment
We propose a new methodology to measure exchange rate misalignment for Turkey, which has already... Read More
Diversity and Historical Processes in Human Development: The Decline of Rationality
The paper is divided into two parts: conceptual and factual. A conceptual review of the... Read More
Hiding Public Debt
This paper examines the determinants of hidden public debt—that is, government financial commitments and contingent... Read More
Measurement and Nature of Absolute Poverty in Least Development Countries
This paper provides new national accounts consistent poverty estimates for low-income countries. The paper compares... Read More