This study attempts to shed light on the gendered aspect of MSEs (i.e. how the sectors of activities, income, growth, etc. differ by the gender of the entrepreneur) and tests some of the main claims of the rather modest available literature by means of an econometric analysis. The empirical work...

This paper develops a long run growth model for a major oil exporting economy and derives conditions under which oil revenues are likely to have a lasting impact. This approach contrasts with the standard literature on the "Dutch disease" and the "resource curse", which primarily focus on short...

We analyze the role of domestic and foreign banks in Saudi Arabia during the latest financial crisis that has ravaged the world since 2007. The study is based on the growth rate in market share of the credit extended by each bank and investors’ perception about the risk exposure of this...

This paper implements recent bootstrap panel cointegration techniques and seemingly unrelated regression (SUR) methods to investigate the existence of a long-run relationship between oil prices and Gulf Corporation Countries (GCC) stock markets. Since GCC countries are major world energy market...

This paper provides a detailed analysis of the dynamics of moving in and out of poverty and inequality in Egypt, utilizing a recent, nationally representative panel survey. It studies the dynamics of poverty using both measures of income and measures of consumption. This provides an opportunity...

We develop a new model that links capital market imperfection to banking emergence and economic growth. It is shown that the banking system emerges endogenously after a first stage of slow economic growth. Interestingly, economic growth increases after the emergence of banking but remains under...

Egypt has been a major exporter of labor to oil-rich Arab countries. More recently, Egyptian migrants are increasingly heading to Europe. We assess the impact of international migration and remittances on child schooling and child work in Egypt. We use the Egypt Labor Market Panel Survey of 2006...

The aim of this paper is twofold. The first is to empirically assess whether there has been any significant change in exchange rate determination after the announcement of the float. The second is to provide a de facto classification for Egypt’s exchange rate regime. Both contributions were...

While social relationships play an important role for individuals to cope with missing market institutions, they also limit individuals’ range of trading partners. This paper aims at under-standing the determinants of trust at various social distances when information asymmetries are present....

Over the past three decades the Palestinian areas in the West Bank and Gaza Strip experienced the impacts of compulsory integration into the Israeli economy in the aftermath of the area’s occupation by Israel in 1967. Within this integration, the area's trade was markedly affected by a forced...