Eradicating extreme poverty remains one of the most significant and challenging sustainable development goals (SDGs) in the Middle East and North African (MENA) region. The latest World Bank statistics from 2018 show that extreme poverty in MENA increased from 2.6% to 5% between 2013 and 2015....

Using a micro-foundation based monetary Small Open Economy (SOE) model of McCandless (2008) with a cash-in-advance constraint, a capital adjustment cost, foreign bonds, and a trade sector, the study quantifies the welfare implications under two policy scenarios: (a) a reduction in inflation...

The gender equality target is still considered one of the most challenging goals for most Middle East and North African (MENA) Countries. Using panel least square with regional dummies (LSDV) for 22 MENA countries over the period 1990–2007, the study concludes that with less than 5 years for...

The health target is still considered one of the most challenging goals for most Middle East and North African (MENA) Countries. Using Panel Least Square with Regional Dummies (LSDV) for 20 MENA countries over the period 2000–2009, the study concludes that with less than 5 years for the...

Using Two-stage Least Square (TSLS) regression for cross-sectional observations of 197 countries for the year 2009, the study estimates the impact of the improvement in the quality of governance on per capita income and the increase in per capita income on the quality of governance. Following...

Economic freedom is an important determinant of economic growth and income distribution, which are key factors in facilitating economic development. The paper empirically investigates the relationship between economic freedom and economic performance in the APAC and OECD countries. A panel model...

The study analyzes the effect of female employment on fertility rate. Using panel fertility regression specification with Prais-Winsten regressions procedure, panel-corrected standard errors, and autoregressive errors on a sample of 29 developing countries over the period 1990- 2011, the study...

The results of Lettau and Ludvigson (2001) show that Cay-LL has a significant predictive power both in the in-sample and the out-of-sample forecast of excess return. Our study departs from Lettau and Ludvigson (2001) in adding and comparing other two estimates of cay namely cay-OLS and cay-DLS...

The main goal of this paper is to evaluate the impact of governance on economic growth using a group of 188 countries. Although our main focus is on the 21 Middle Eastern and North African (MENA) countries, our findings can be applied to the other countries as well. There are two main...

The results of (Lettau, M.; Ludvison, S.,(2001)) show that Cay-LL has a significant predictive power both in the in-sample and the out-of-sample forecast of excess return. Our study departs from Lettau, M.; Ludvison, S.,(2001) in adding and comparing other two estimates of “cay” namely...