The poor empirical record of the CAPM paved the way towards the development of multi-factor asset pricing models. The three-factor model of Fama and French (1993) is regarded as a ground-breaking multi-factor asset pricing model. This paper examines the performance of the three-factor model of...

The purpose of this study is to examine the influence of four dimensions of corporate culture on employees’ organizational commitment in the banking sector of Pakistan. Correlation and Regression analysis are employed to test the research hypothesis. The results revealed that all of the four...

Regularity conditions are given for the consistency of the Poisson quasi-maximum likelihood estimator of the conditional mean parameter of a count time series. The asymptotic distribution of the estimator is studied when the parameter belongs to the interior of the parameter space and when it...

Saudi Arabia has ambitious plans for nuclear power. Given this context, this paper examines the economics of nuclear power and compares it to two other sources of electricity, natural gas and solar energy. It calculates the costs of electricity generation, water desalination and the opportunity...

This policy brief aims to contribute to filling the knowledge gap and presenting a sex-disaggregated snapshot of the distribution of students across energy related higher education educational programs as well as the traditional Science, Technology, Education, and Math (STEM) fields, in tertiary...

The Middle East and North Africa (MENA) is home to some of the most fragile situations and conflict-affected population in the world. With one in five people in the region living near conflict, nearly half of the economies of the MENA region are classified as fragile and conflict situations...

This report describes the current state of play in the private diesel generation business and assesses how to invest in and create new markets for private sector participation within the green energy sector

In a region increasingly impacted by climate change, tourism, a key driver for job creation and economic growth, is amongst the most vulnerable and affected economic sectors. This report examines the physical, economic, and employment impacts of climate change through three country deep dives...