ewu2
PHONE

Office:   140

EMAIL

syed.basher@ewubd.edu

PERSONAL WEB

Dr. Syed Abul Basher

Associate Professor & Chairperson
Department of Economics

Ph.D. in Economics (York University, Toronto, Canada)
MA in Economics (York University, Toronto, Canada)
M.Sc. in Economics (North South University)
BBA with Finance (North South University)

CV

2016-Present: Chairperson, Department of Economics, East West University

2015-Present: Associate Professor, Department of Economics, East West University

2014-2016: Senior Research Fellow, Fikra Research & Policy, Qatar

2010-2012: Economic Consultant, Qatar National Food Security Programme

2007-2013: Research Economist, Department of Research & Monetary Policy, Qatar Central Bank

Energy Economics; Monetary Economics; Behavioral Economics; Applied Econometrics

Google Scholar Profile
RePEc Profile

Journal Publication

International

1. “Real exchange rate behavior and exchange rate misalignment in Bangladesh: A single equation approach,” (with Atiqur Rahman), Bangladesh Development Studies, 2001, Vol. 27, No. 2, pp. 69-93.

2. “The enduring significance of Bangladesh’s war of independence: An analysis of economic costs and consequences,” (with Saud Choudhry), Journal of Developing Areas, 2002, Vol. 36, No. 1, pp. 41-55.

3. “PPP tests in cointegrated panels: Evidence from Asian developing countries,” (with Mohammed Mohsin), Applied Economics Letters, 2004, Vol. 11, No. 3, pp. 163-66.

4. “A macroeconometric model of the Bangladesh economy and its policy implications,” (with M. Kabir Hassan, Neal Maroney and Ihsan Isik), Journal of Developing Areas, 2004, Vol. 38, No. 1, pp. 135-49.

5. “Day-of-the-week effects in emerging stock markets,” (with Perry Sadorsky), Applied Economics Letters, 2006, Vol. 13, No. 10, pp. 621-628.

6. “Oil price risk and emerging stock markets,” (with Perry Sadorsky), Global Finance Journal, 2006, Vol. 17, No. 2, pp. 224-251.

7. “Mixed oligopoly under demand uncertainty,” (with Mahmudul Anam and Shin-Hwan Chiang), B.E. Journal of Theoretical Economics, 2007, Vol. 7, No. 1, pp. 1-26.

8. “Can panel data really improve the predictability of the monetary exchange rate model?,” (with Joakim Westerlund), Journal of Forecasting, 2007, Vol. 26, No. 5, pp. 365-383.

9. “Time-varying volatility and equity returns in Bangladesh stock market,” (with M. Kabir Hassan and Anisul Islam), Applied Financial Economics, 2007, Vol. 17, No. 7, pp. 1393-1407.

10. “Is there really a unit root in the inflation rate? More evidence from panel data models,” (with Joakim Westerlund), Applied Economics Letters, 2008, Vol. 15, No. 3, pp. 161-164.

11. “Mixed signals among tests for panel cointegration,” (with Joakim Westerlund), Economic Modelling, 2008, Vol. 25, No. 1, pp. 128-136.

12. “Geography, population density, and education: Explaining income gaps across U.S. states and Canadian provinces,” (with Nils-Petter Lagerloef), Journal of Macroeconomics, 2008, Vol. 30, No. 3, pp. 1173-1187.

13. “Testing for convergence in carbon dioxide emissions using a century of panel data,” (with Joakim Westerlund), Environmental and Resource Economics, 2008, Vol. 40, No. 1, pp. 109-120.

14. “The long-term decline in internal migrations in Canada: The case of Ontario,” (with Stefano Fachin), Letters in Spatial and Resource Sciences, Vol. 1, No. 2, pp. 171-181.

15. “Price level convergence, purchasing power parity and multiple structural breaks in panel data analysis: An application to US cities,” (with Josep Carrion-i-Silvestre), Journal of Time Series Econometrics, 2009, Vol. 1, No. 1, pp. 1-38.

16. “Panel cointegration and the monetary exchange rate model,” (with Joakim Westerlund), Economic Modelling, 2009, Vol. 26, No. 2, pp. 506-513.

17. “From home bias to euro bias: Disentangling the effects of monetary union on the European financial markets,” (with Faruk Balli and Hatice Balli), Journal of Economics and Business, 2010, Vol. 62, No. 5, pp. 347-366.

18. “Linear or nonlinear cointegration in the purchasing power parity relationship?,” (with Alfred Haug), Applied Economics, 2011, Vol. 43, No. 2, pp. 185-196.

19. “Income insurance and the determinants of income insurance via foreign asset revenues and foreign liability payments,” (with Faruk Balli and Hatice Balli), Economic Modelling, 2011, Vol. 28, No. 5, pp. 2296-2306.

20. “Measuring persistence of U.S. city prices: New evidence from robust tests,” (with Josep Carrion-i-Silvestre), Empirical Economics, 2011, Vol. 41, No. 3, pp. 739-745.

21. “Oil prices, exchange rates and emerging stock markets,” (with Alfred Haug and Perry Sadorsky), Energy Economics, 2012, Vol. 34, No. 1, pp. 227-240.

22. “Country heterogeneity and long-run determinants of in ation in the Gulf Arab states,” (with Elsayed Elsamadisy), OPEC Energy Review, 2012, Vol. 36, No. 2, pp. 170-203.

23. “Channels of risk-sharing among Canadian provinces: 1961-2006,” (with Faruk Balli and Rosmy Jean Louis), Empirical Economics, 2012, Vol. 43, No. 2, pp. 763-787.

24. “Risk sharing in the Middle East and North Africa – The role of remittances and factor incomes,” (with Faruk Balli and Rosmy Jean Louis), Economics of Transition, 2013, Vol. 21, No. 1, pp. 135-155.

25. “Sectoral equity returns and portfolio diversification opportunities across the GCC region,” (with Faruk Balli and Rosmy Jean Louis), Journal of International Financial Markets, Institutions & Money, 2013, Vol. 25, July, pp. 33-48.

26. “Understanding challenges to food security in dry Arab micro-states: Evidence from Qatari micro-data,” (with David Raboy, Simeon Kaitibie and Ishrat Hossain), Journal of Agricultural & Food Industrial Organization, 2013, Vol. 11, No. 1, pp. 1-19.

27. “International income risk-sharing and the global financial crisis of 2008-2009,” (with Faruk Balli and Hatice Balli), Journal of Banking and Finance, 2013, Vol. 37, No. 7, pp. 2303-2313.

28. “The long-run relationship between savings and investment in oil-exporting developing countries: A case study of the Gulf Arab states,” (with Stefano Fachin), OPEC Energy Review, 2013, Vol. 37, No. 4, pp. 429-446.

29. “Deconstructing shocks and persistence in OECD real exchange rates,” (Josep Carrion-i-Silvestre), B.E. Journal of Macroeconomics, 2013, Vol. 13, No. 1, pp. 187-212.

30. “More efficient production subsidies for emerging agriculture in micro Arab states: A conceptual model,” (with David Raboy, Ishrat Hossain and Simeon Kaitbie), Review of Middle East Economics and Finance, 2013, Vol. 9, No. 3, pp. 293-319.

31. “Pre- versus post-crisis central banking in Qatar,” (with Elsayed Elsamadisy and Khalid Alkhater), Journal of Policy Modeling, 2014, Vol. 36, No. 2, pp. 330-352.

32. “The determinants of the volatility of returns on cross-border asset holdings,” (with Faruk Balli and Faisal Rana), Journal of International Money and Finance, 2014, Vol. 44, June, pp. 1-23.

33. “Stock markets and energy prices,” Reference Module in Earth Systems and Environmental Sciences, 2014, pp. 1-9, http://dx.doi.org/10.1016/B978-0-12-409548-9.09060-6

34. “The impacts of food prices and income shocks on household food security and economic well-being: Evidence from rural Bangladesh,” (with Sonia Akter), Global Environmental Change, 2014, Vol. 25, March, pp. 150-162.

35. “Price volatility and the political economy of resource-rich nations,” (with Ahmed Mahmud), Economics of Governance, 2014, Vol. 15, No. 3, pp. 253-279.

36. “Dependence patterns across Gulf Arab stock markets: A copula approach,” (with Salem Nechi and Hui Zhu), Journal of Multinational Financial Management, 2014, Vol. 25-26, July, pp. 30-50.

37. “Investigating long-run demand for broad money in the Gulf Arab countries,” (with Stefano Fachin), Middle East Development Journal, 2014, Vol. 6, No. 2, pp. 199-214.

38. “Loan loss provisioning in OIC countries: Evidence from conventional vs. Islamic banks,” (with M. Kabir Hassan and Ali Ashraf), Journal of King Abdulaziz University: Islamic Economics, 2015, Vol. 28, No. 1, pp. 23-59.

39. “Regional initiative in the Gulf Arab states: The search for a common currency,” International Journal of Islamic and Middle Eastern Finance and Management, 2015, Vol. 8, No. 2, pp. 185-202.

40. “An analysis of returns and volatility spillovers and their determinants in emerging Asian and Middle Eastern countries,” (with Faruk Balli, Hassan Ghassan and Hassan Hajhoj), International Review of Economics and Finance, 2015, Vol. 39, September, pp. 311-325.

41. “Time series properties of the renewable energy diffusion process: Implications for energy policy design and assessment,” (with Andrea Masini and Sam Aflaki), Renewable & Sustainable Energy Reviews, 2015, Vol. 52, December, pp. 1680-1692.

42. “The impact of oil shocks on exchange rates: A Markov-switching approach,” (with Alfred Haug and Perry Sadorsky), Energy Economics, 2016, Vol. 54, February, pp. 11-23.

43. “Hedging emerging market stock prices with oil, gold, VIX, and bonds: A comparison between DCC, ADCC and GO-GARCH,” (with Perry Sadorsky), Energy Economics, 2016, Vol. 54, February, pp. 235-247.

44. “The oil cycle, the Federal Reserve and the monetary and exchange rate policies in Qatar,” (with Khalid Alkhater), Middle East Development Journal, 2016, Vol. 8, No. 1, pp. 127-155.

45. “On the global determinants of visiting home,” (with Faruk Balli, Rosmy Jean Louis and Ahmed Saber Mahmud), International Journal of Tourism Research, forthcoming.

National

Publications will be here.

Conference & Seminars

Publications will be here.

Other

Publications will be here.

+ Academic Background

Ph.D. in Economics (York University, Toronto, Canada)
MA in Economics (York University, Toronto, Canada)
M.Sc. in Economics (North South University)
BBA with Finance (North South University)

CV

+ Professional Experience

2016-Present: Chairperson, Department of Economics, East West University

2015-Present: Associate Professor, Department of Economics, East West University

2014-2016: Senior Research Fellow, Fikra Research & Policy, Qatar

2010-2012: Economic Consultant, Qatar National Food Security Programme

2007-2013: Research Economist, Department of Research & Monetary Policy, Qatar Central Bank

+ Research Interest

Energy Economics; Monetary Economics; Behavioral Economics; Applied Econometrics

Google Scholar Profile
RePEc Profile

+ Selected Publications

Journal Publication

International

1. “Real exchange rate behavior and exchange rate misalignment in Bangladesh: A single equation approach,” (with Atiqur Rahman), Bangladesh Development Studies, 2001, Vol. 27, No. 2, pp. 69-93.

2. “The enduring significance of Bangladesh’s war of independence: An analysis of economic costs and consequences,” (with Saud Choudhry), Journal of Developing Areas, 2002, Vol. 36, No. 1, pp. 41-55.

3. “PPP tests in cointegrated panels: Evidence from Asian developing countries,” (with Mohammed Mohsin), Applied Economics Letters, 2004, Vol. 11, No. 3, pp. 163-66.

4. “A macroeconometric model of the Bangladesh economy and its policy implications,” (with M. Kabir Hassan, Neal Maroney and Ihsan Isik), Journal of Developing Areas, 2004, Vol. 38, No. 1, pp. 135-49.

5. “Day-of-the-week effects in emerging stock markets,” (with Perry Sadorsky), Applied Economics Letters, 2006, Vol. 13, No. 10, pp. 621-628.

6. “Oil price risk and emerging stock markets,” (with Perry Sadorsky), Global Finance Journal, 2006, Vol. 17, No. 2, pp. 224-251.

7. “Mixed oligopoly under demand uncertainty,” (with Mahmudul Anam and Shin-Hwan Chiang), B.E. Journal of Theoretical Economics, 2007, Vol. 7, No. 1, pp. 1-26.

8. “Can panel data really improve the predictability of the monetary exchange rate model?,” (with Joakim Westerlund), Journal of Forecasting, 2007, Vol. 26, No. 5, pp. 365-383.

9. “Time-varying volatility and equity returns in Bangladesh stock market,” (with M. Kabir Hassan and Anisul Islam), Applied Financial Economics, 2007, Vol. 17, No. 7, pp. 1393-1407.

10. “Is there really a unit root in the inflation rate? More evidence from panel data models,” (with Joakim Westerlund), Applied Economics Letters, 2008, Vol. 15, No. 3, pp. 161-164.

11. “Mixed signals among tests for panel cointegration,” (with Joakim Westerlund), Economic Modelling, 2008, Vol. 25, No. 1, pp. 128-136.

12. “Geography, population density, and education: Explaining income gaps across U.S. states and Canadian provinces,” (with Nils-Petter Lagerloef), Journal of Macroeconomics, 2008, Vol. 30, No. 3, pp. 1173-1187.

13. “Testing for convergence in carbon dioxide emissions using a century of panel data,” (with Joakim Westerlund), Environmental and Resource Economics, 2008, Vol. 40, No. 1, pp. 109-120.

14. “The long-term decline in internal migrations in Canada: The case of Ontario,” (with Stefano Fachin), Letters in Spatial and Resource Sciences, Vol. 1, No. 2, pp. 171-181.

15. “Price level convergence, purchasing power parity and multiple structural breaks in panel data analysis: An application to US cities,” (with Josep Carrion-i-Silvestre), Journal of Time Series Econometrics, 2009, Vol. 1, No. 1, pp. 1-38.

16. “Panel cointegration and the monetary exchange rate model,” (with Joakim Westerlund), Economic Modelling, 2009, Vol. 26, No. 2, pp. 506-513.

17. “From home bias to euro bias: Disentangling the effects of monetary union on the European financial markets,” (with Faruk Balli and Hatice Balli), Journal of Economics and Business, 2010, Vol. 62, No. 5, pp. 347-366.

18. “Linear or nonlinear cointegration in the purchasing power parity relationship?,” (with Alfred Haug), Applied Economics, 2011, Vol. 43, No. 2, pp. 185-196.

19. “Income insurance and the determinants of income insurance via foreign asset revenues and foreign liability payments,” (with Faruk Balli and Hatice Balli), Economic Modelling, 2011, Vol. 28, No. 5, pp. 2296-2306.

20. “Measuring persistence of U.S. city prices: New evidence from robust tests,” (with Josep Carrion-i-Silvestre), Empirical Economics, 2011, Vol. 41, No. 3, pp. 739-745.

21. “Oil prices, exchange rates and emerging stock markets,” (with Alfred Haug and Perry Sadorsky), Energy Economics, 2012, Vol. 34, No. 1, pp. 227-240.

22. “Country heterogeneity and long-run determinants of in ation in the Gulf Arab states,” (with Elsayed Elsamadisy), OPEC Energy Review, 2012, Vol. 36, No. 2, pp. 170-203.

23. “Channels of risk-sharing among Canadian provinces: 1961-2006,” (with Faruk Balli and Rosmy Jean Louis), Empirical Economics, 2012, Vol. 43, No. 2, pp. 763-787.

24. “Risk sharing in the Middle East and North Africa – The role of remittances and factor incomes,” (with Faruk Balli and Rosmy Jean Louis), Economics of Transition, 2013, Vol. 21, No. 1, pp. 135-155.

25. “Sectoral equity returns and portfolio diversification opportunities across the GCC region,” (with Faruk Balli and Rosmy Jean Louis), Journal of International Financial Markets, Institutions & Money, 2013, Vol. 25, July, pp. 33-48.

26. “Understanding challenges to food security in dry Arab micro-states: Evidence from Qatari micro-data,” (with David Raboy, Simeon Kaitibie and Ishrat Hossain), Journal of Agricultural & Food Industrial Organization, 2013, Vol. 11, No. 1, pp. 1-19.

27. “International income risk-sharing and the global financial crisis of 2008-2009,” (with Faruk Balli and Hatice Balli), Journal of Banking and Finance, 2013, Vol. 37, No. 7, pp. 2303-2313.

28. “The long-run relationship between savings and investment in oil-exporting developing countries: A case study of the Gulf Arab states,” (with Stefano Fachin), OPEC Energy Review, 2013, Vol. 37, No. 4, pp. 429-446.

29. “Deconstructing shocks and persistence in OECD real exchange rates,” (Josep Carrion-i-Silvestre), B.E. Journal of Macroeconomics, 2013, Vol. 13, No. 1, pp. 187-212.

30. “More efficient production subsidies for emerging agriculture in micro Arab states: A conceptual model,” (with David Raboy, Ishrat Hossain and Simeon Kaitbie), Review of Middle East Economics and Finance, 2013, Vol. 9, No. 3, pp. 293-319.

31. “Pre- versus post-crisis central banking in Qatar,” (with Elsayed Elsamadisy and Khalid Alkhater), Journal of Policy Modeling, 2014, Vol. 36, No. 2, pp. 330-352.

32. “The determinants of the volatility of returns on cross-border asset holdings,” (with Faruk Balli and Faisal Rana), Journal of International Money and Finance, 2014, Vol. 44, June, pp. 1-23.

33. “Stock markets and energy prices,” Reference Module in Earth Systems and Environmental Sciences, 2014, pp. 1-9, http://dx.doi.org/10.1016/B978-0-12-409548-9.09060-6

34. “The impacts of food prices and income shocks on household food security and economic well-being: Evidence from rural Bangladesh,” (with Sonia Akter), Global Environmental Change, 2014, Vol. 25, March, pp. 150-162.

35. “Price volatility and the political economy of resource-rich nations,” (with Ahmed Mahmud), Economics of Governance, 2014, Vol. 15, No. 3, pp. 253-279.

36. “Dependence patterns across Gulf Arab stock markets: A copula approach,” (with Salem Nechi and Hui Zhu), Journal of Multinational Financial Management, 2014, Vol. 25-26, July, pp. 30-50.

37. “Investigating long-run demand for broad money in the Gulf Arab countries,” (with Stefano Fachin), Middle East Development Journal, 2014, Vol. 6, No. 2, pp. 199-214.

38. “Loan loss provisioning in OIC countries: Evidence from conventional vs. Islamic banks,” (with M. Kabir Hassan and Ali Ashraf), Journal of King Abdulaziz University: Islamic Economics, 2015, Vol. 28, No. 1, pp. 23-59.

39. “Regional initiative in the Gulf Arab states: The search for a common currency,” International Journal of Islamic and Middle Eastern Finance and Management, 2015, Vol. 8, No. 2, pp. 185-202.

40. “An analysis of returns and volatility spillovers and their determinants in emerging Asian and Middle Eastern countries,” (with Faruk Balli, Hassan Ghassan and Hassan Hajhoj), International Review of Economics and Finance, 2015, Vol. 39, September, pp. 311-325.

41. “Time series properties of the renewable energy diffusion process: Implications for energy policy design and assessment,” (with Andrea Masini and Sam Aflaki), Renewable & Sustainable Energy Reviews, 2015, Vol. 52, December, pp. 1680-1692.

42. “The impact of oil shocks on exchange rates: A Markov-switching approach,” (with Alfred Haug and Perry Sadorsky), Energy Economics, 2016, Vol. 54, February, pp. 11-23.

43. “Hedging emerging market stock prices with oil, gold, VIX, and bonds: A comparison between DCC, ADCC and GO-GARCH,” (with Perry Sadorsky), Energy Economics, 2016, Vol. 54, February, pp. 235-247.

44. “The oil cycle, the Federal Reserve and the monetary and exchange rate policies in Qatar,” (with Khalid Alkhater), Middle East Development Journal, 2016, Vol. 8, No. 1, pp. 127-155.

45. “On the global determinants of visiting home,” (with Faruk Balli, Rosmy Jean Louis and Ahmed Saber Mahmud), International Journal of Tourism Research, forthcoming.

National

Publications will be here.

Conference & Seminars

Publications will be here.

Other

Publications will be here.