This paper investigates the roles of human capital and openness in the process of technology diffusion and productivity growth in the Mediterranean agricultural sector. We estimate a nonlinear productivity growth specification that nests the logistic and the confined exponential technology...

This paper is an attempt to contribute to the research on poverty-alleviation potential of trade, by exploring the poverty effects of agricultural trade liberalization in Tunisia. Specifically, the study uses a small open economy computable general equilibrium (CGE) that includes technology...

This paper evaluates the contribution of inequality of opportunity to inequality in earnings in Egypt and analyzes its evolution across four age cohorts and over three periods of time. On average, inequality of opportunity is found to account for 30 percent of total earnings inequality. The...

This paper tests the desirability and feasibility of establishing a monetary union in GCC countries using a multivariate structural Vector Autoregression Model (VAR) for the period 1980-2006. The paper builds on the earlier work, capitalizing on a methodology that captures supply and demand...

The paper examines the effects of exchange rate fluctuations on disaggregated data comprising 21 exporting sectors (BEC classification) in Turkey. Building on a theoretical model that decomposes movements in the exchange rate into anticipated and unanticipated components, the empirical...

In 1988, an agreement was reached in Basel to set common requirements of bank capital in order to promote the soundness and stability of the international banking system. In line with the agreement, banks were requir ed to hold capital in proportion to their perceived credit risks, which may...

In 1991, the Central Bank of Egypt increased the minimum capital requirements for the banking industry vis-à-vis risk-weighted assets to 8 percent, along the lines proposed by the Basel Committee on Banking Supervision. In this paper, we investigate the effects of capital regulations on cost of...

The paper uses harmonized household survey micro-data to assess the levels and determinants of economic inequality in 12 Arab countries. It focuses on the sources of rural-urban, as well as metropolitan-nonmetropolitan, inequalities and applies the unconditional quantile regression decomposition...

A widely held view in the economic literature is that productivity growth is an important pathway through which trade liberalisation may alleviate poverty. This paper explores the link between trade openness, agricultural productivity growth and poverty reduction in a panel of Mediterranean...