We investigate the relationship between idiosyncratic risk and return among four water exchange traded funds … the idiosyncratic risk for most of the exchange traded funds move from low volatility (Regime 2) to very low volatility … seems that water investment has a lower systematic risk and a positive effect on the water exchange traded index funds …

between North and South Mediterranean countries. A sample of three South Arab countries is selected including Egypt, Jordan …%-appreciation of the Moroccan dirham increases even by almost 20%. Jordan exports fall sharply in case of a 10% appreciation of the … Jordan dinar vis-à-vis the euro. The exports seem less sensitive to an appreciation. Finally, we can conclude that the …