This paper considers the private sector wage earners in Egypt and examine their wage distribution during 1998 - 2012 using Egyptian Labor Market Panel Survey. We first estimate Mincer wage equations both at the mean and at differ ent quantiles of the wage distribution taking into account...

This paper studies implications of intermediation costs in credit markets. The presence of intermediation costs increases the amount of risky projects therefore results in financial fragility. Moreover, for an open economy that has a perfectly liberal capital account, prudent firms finance their...