Publications
Connecting People and Ideas... Through its impartial, independent and timely analysis of economic problems on the one hand and a well-established publications process on the other, ERF seeks maximize impact of development research and to inform policy debate and policy discussions. Our portfolio includes a Series of Working Papers and Series of Policy Reports, Policy Briefs and Policy Perspectives.
Latest ERF Publications
Full List of ERF Publications
TFP and Economic Potential of The Tunisian Economy
In this paper we try to measure and to explain total factor productivity (TFP) growth... Read More
The Long-Run Validity of Monetary Exchange Rate Model for A High Inflation Country and Misalignment: The Case of Turkey
This paper applies the Johansen cointegration technique to examine the validity of the monetary model... Read More
The Impact of Automation on Liquidity, Volatility, Stock Returns and Efficiency: Evidence from the Tunisian Stock Market
This paper studies the impact of Tunis stock exchange automation on liquidity, volatility and stock... Read More
Dvidend Signaling Hypothesis and Short-Term Asset Concentration of Islamic Interest-free Banking
This paper finds that dividend signaling hypothesis is able to explain the phenomenon of assets... Read More
Before The Fall Was The Turkish Lira Overvalued?
This paper examines validity of purchasing power parity to evaluate whether the Turkish Lira was... Read More
Does the Exchange Rate Regime Affect Expectation Formation in the Foreign Exchange Market? The Case of a Currency that is Pegged to a Basket
An attempt is made to identify the expectation formation mechanism dominating the foreign exchange market... Read More
Liberalization, Ownership and Productivity in Turkish Banking
This paper examines productivity developments in public, private and foreign banks operating in Turkey over... Read More
Financial Distress and Bank Performance: Turkish Experience
Turkey experienced a severe financial crisis in 1994 that resulted in a record level economic... Read More
The Relationship of Earnings and Book Values to Equity Values: Evidence from Turkey
In this study, we examine factors associated with equity valuation in a newly emerging market,... Read More