American University of Beirut

Working Papers

​As part of its role in making available on going research, within and outside the university, related to economic issues of special concern to developing countries, the Institute initiated in 2003, a series of guests lectures and working papers made available in print as well on its website (linked in Spring 2007 to the GDN website). The series has been steadily gaining recognition abroad. While financial, monetary, and international economic issues form a major part of the Institute's work its research interests are not confined to these areas but extend to include other domains of relevance to the developing world (e.g. trade, development, and institutions) in the form of general analysis or country-specific studies.

These papers are presented online in Portable Document Format (PDF). They can be accessed below.

Lecture and Working Paper Series 

Series No. 3, 2019

The NAIRU in Tunisia: Determinants, Measurement and Policy Implications

Hajer El OurdaniAssociate Professor of Economics, ESSEC Tunis, Universtiy of Tunis 

Mouez SoussiProfessor of Economics, IHEC Carthage, University of Carthage

Series No. 2, 2019
The Predictive Power of Oil and Commodity Prices for Equity Markets
Leila Dagher, Associate Professor of Economics and Director, Institute of Financial Economics, American University of Beirut
Ibrahim Jamali, Associate Professor, Department of Finance, Accounting and Managerial Economics, Olayan School of Business, American University of Beirut
Nasser Badra, Research Assistant, Institute of Financial Economics, American University of Beirut

Series No. 1, 2019
Modeling of Economic and Financial Conditions for Nowcasting and Forecasting Recessions: A Unified Approach  [Supplementary Material]
Cem Cakmakli, Koc University
Hamza Demircan, Koc University
Sumru Altug, American University of Beirut, CEPR

Series No. 2, 2018
The Institute of Financial Economics, Financial Stress Index (IFEFSI) for Lebanon
Layal Mansour Icharkieh,Post-Doctoral Fellow, Institute of Financial Economics, American University of Beirut,
Leila Dagher, Associate Professor of Economics and Director, Institute of Financial Economics , American University of Beirut
Sadika El Hariri, Research Assistant, Institute of Financial Economics, American University of Beirut

Series No. 1, 2018
On Prevailing Economic and Political Disparities and the Prospects for Close Integration of the Euro-Arab Med Region
Samir Makdisi, Professor Emeritus of Economics, and Senior Fellow Institute of Financial Economics, American University of Beirut​

Series No. 4, 2016
Financial Exclusion and Stability in MENA Evidence from Poverty and Inequality
Simon Neaime, Professor of Economics and Finance, Institute of Financial Economics, American University of Beirut
Isabelle Gaysset, Post-Doctoral Fellow, Institute of Fiancnial Economics, American University of Beirut

Series No.3, 2015
Transition from Autocracy to Democracy in Tunisia
Mongi Boughzala, Al Manar University, Tunisia
Saoussen Ben Romdhance, University of la Manouba, , Tunisia

Series No.2, 2015

Simon Neaime,Professor of Economics, Institute of Financial Economics, American University of Beirut
Marcus Marktanner, Associate Professor of Economics, Institute of Fiancnial Economics, American University of Beirut

Series No. 1, 2015
On Transition, Democracy, and Socio -Economic Justice in the Arab World
Samir Makdisi, Professor Emeritus of Economics, and Senior Fellow Institute of Financial Economics, American University of Beirut

Series No. 1, 2014
Kuwaiti Democracy: Illusive or Resilient?
Ibrahim Elbadawi,Research Fellow, Center for Global Development, Washington DC, USA and Atif Kubursi, Department of Economics, McMaster University, Hamilton, Ontario, Canada.

Series No. 1, 2013
Lebanon: The Legacy of Sectarian Consociationalism and the Transition to a Fully-Fledged Democracy
Samir Makdisi,Professor Emeritus of Economics, and Senior Fellow Institute of Financial Economics, American University of Beirut
l, Bank du Liban.

Series No. 1, 2012 - (Special Issue)
Summaries of presentations made at a workshop organized jointly at AUB by the Institute of Fiancial Economics and the Konrad Adenauer Stiftung, May 6, 2011

Series No. 1, 2011
Remarks on Autocracies, Democratization and Development in the Arab Region
Samir Makdisi,Professor Emeritus of Economics and Senior Fellow, Institute of Financial Economics , American University of Beirut

Series No. 2, 2009
Development without Democracy in the Arab World
Samir Makdisi,Professor Emeritus of Economics and Senior Fellow, Institute of Financial Economics, American University of Beirut.

Series No. 1, 2009
The Causes of Institutional Inefficiency: A Development Perspective
Jean-Philippe Platteua,Professor of Economics University of Namur, Belgium.

Series No. 3, 2008
Initial Inequality and Protectionism: A Political-Economy Approach
Marcus Marktaner,Assistant professor of Economics and Fellow, Institute of Financial Economics, American University of Beirut
Nagham Sayour,Masters student of Financial Economics at AUB Department of Economics.

Series No. 2, 2008
Twin Deficit in Lebanon: A Time Series Analysis
Simon Neaime,Associate Professor of Economics and Fellow, Institute of Financial Economics, American University of Beirut.

Series No. 1, 2008
Trapped by Consociationalism: The Case of Lebanon
Samir Makdisi,Institute of Financial Economics, American University of Beirut
Marcus Marktanner, Assistant Professor of Economics and Fellow, Institute of Financial Economics, American University of Beirut.

Series No. 4, 2007
Measurement of Financial Integration in the GCC Equity Markets: A Novel Perspective
Salwa Hammami,Assistant Professor of Economics and Fellow, Institute of Financial Economics, American University of Beirut
Simon Neaime, Associate Professor of Economics and Fellow, Institute of Financial Economics, American University of Beirut

Series No. 3, 2007
Rebuilding without Resolution: The Lebanese Economy and State in the Post-Civil War Period
Samir Makdisi,Professor of Economics and Director, Institute of Financial Economics , American University of Beirut

Series No. 2, 2007
Horse Race of Utility-Based Asset Pricing Models: Ranking through Specification Errors
Salwa Hammami, Assistant Professor of Economics and Fellow, Institute of Financial Economics, American University of Beirut.

Series No. 1, 2007
Returns to Education and the Transition from School to Work in Syria
Henrik Huitfeldt,Labour market specialist, the European Training Foundation, Torino
Nader Kabbani, Assistant Professor of Economics, American University of B

eirut

Series No. 3, 2006
From Rentier State and Resource Curse to Even Worse?
Marcus Marktaner,Assistant professor of Economics and Fellow, Institute of Financial Economics, American University of Beirut
Joanna Nasr, Joanna Nasr holds a Master of Arts in financial economics from AUB and is currently a graduate student at the London School of Economics and Political Science.

Series No. 2, 2006
Institutional Quality and Trade: Which Institutions? Which Trade?
Pierre-Guillaume Méon, Associate professor of Economics, University of Brussels
Khalid Sekkat, Professor of Economics, University of Brussels.

Series No. 1, 2006
Harsh Default Penalties Lead to Ponzi Schemes
Mário Rui Páscoa, Faculdade de Economia, Universidade Nova de Lisboa, Campus de Campolide, 1099-032 Lisboa, Portugal
Abdelkrim Seghir, Assistant Professor of Economics, American University of Beirut.

Series No. 2, 2005
Democracy and Development in the Arab World
Ibrahim A. Elbadawi,Lead economist, Development Economics Research Group (DECRG), The World Bank
Samir Makdisi, Professor of Economics and Director, Institute of Financial Economics, American University of Beirut.

Series No.1, 2005
Sovereign Credit Rating: Guilty Beyond Reasonable Doubt?
Nada Mora,Assistant Professor of Economics and Fellow, Institute of Financial Economics, American University of Beirut.

Series No.3, 2004
Portfolio Diversification and Financial Integration of MENA Stock Markets
Simon Neaime, Associate Professor of Economics and Fellow, Institute of Financial Economics, American University of Beirut.

Series No.2, 2004
The Politics of Sustaining Growth in the Arab World: Getting Democracy Right
Ibrahim A. Elbadawi,Lead economist, Development Economics Research Group (DECRG), The World Bank.

Series No.1, 2004
Exchange Rate Management within the Middle East and North Africa Region: The Cost to Manufacturing Competitiveness
Mustapha Nabli , Jennifer Keller, and Marie-Ange Veganzones, The World Bank.

Series No.3, 2003
The Lebanese Civil War, 1975-1990
Samir Makdisi, Professor of Economics and Director of Institute of Financial Economics, American University of Beirut
Richard Sadaka, Assistant Professor of Economics , American University of Beirut.

Series No.2, 2003
Prospects for World Economy
Richard N. Cooper, Mauritz C. Boas Professor of International Economics, Harvard University.

Series No.1, 2003
A Reexamination of the Political Economy of Growth in MENA Countries
Hadi Salehi Esfahani,Professor of Economics, University of Illinois at Urbana-Champaig.



Contact Us

For various questions, please try contacting us via social media first!
read more

Privacy Statement

We take data privacy seriously and adhere to all applicable data privacy laws and regulations.
read more

Copyright and Disclaimer

Written permission is needed to copy or disseminate all or part of the materials on the AUB website.
read more

Title IX, Non-Discrimination, and Anti-Discriminatory Harassment

AUB is committed to providing a safe, respectful, and inclusive environment to all members of its community.
read more