AKM Mahbub Morshed - Southern Illinois University

AKM Mahbub Morshed
October 2012
Associate Professor
Department of Economics
Mail Code 4515
Southern Illinois University Carbondale
Carbondale, IL 62901
Tel: (618) 453 5740
Fax: (618) 453 2717
Email: mmorshed@siu.edu
Professional Positions:
Associate Professor of Economics (with tenure), Southern Illinois University
Carbondale, 2010-
Visiting Fellow, Department of Economics, University of Warwick, UK, Oct-Nov 2010
Assistant Professor of Economics, Southern Illinois University Carbondale, 2004-2010
Graduate Faculty, Southern Illinois University Carbondale, 2004-
Assistant Professor of Economics, Washington State University, Pullman, 2001-04
Graduate Faculty, Washington State University, Pullman, 2002-2004
Lecturer in Economics, University of Dhaka, Bangladesh, 1993-1996.
Other Positions:
1. Teaching Assistant, Department of Economics, University of Washington, Seattle 1996-
2001.
2. Research Assistant, Department of Economics, University of Washington, Seattle,
(2001).
3. Consultant, Save the Children Fund, USA, Dhaka Office, Bangladesh (1996)
4. Economist, Unnayan Samunnay, Dhaka, Bangladesh (1996).
5. Junior Economist, Unnayan Samunnay, Dhaka, Bangladesh (1995)
6. Consultant, World Bank, Dhaka Office, Dhaka, Bangladesh (1994)
7. Research Assistant, International Food Policy Research Institute (IFPRI), Washington
D.C., Dhaka Office, Bangladesh (1992-1993).
8. Research Officer, Bangladesh Institute of Development Studies (BIDS), Dhaka,
Bangladesh (1991-1992).
Education
University of Washington, Department of Economics, Seattle, WA
Ph.D., Economics, 2001
Master of Arts in Economics, 1999
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Dissertation
“Essays in International Macrodynamics”
Supervisory Committee: Stephen J. Turnovsky (chair), Charles M. Engel, Philip L. Brock, and
Richard Hartman.
University of Dhaka, Department of Economics, Dhaka, Bangladesh
Master of Social Sciences, Economics, First Class, 1988
Bachelor of Social Sciences (Honors), Economics, First Class, 1987
Awards
Faculty Seed Grant, Office of Research Development and Administration, Southern
Illinois University Carbondale, 2009 (with Scott Gilbert)
Mini-grant, International Business Institute, Washington State University, 2004 (with
Sung Ahn).
Summer Research Grant, 2004, 2005. Department of Economics, Southern Illinois
University Carbondale.
Summer Research Grant, 2002, 2003. College of Business and Economics, Washington
State University.
James K. and Viola M. Hall Fellowship for Public Policy, University of Washington,
Winter 2001.
Jhamandas Watumull Scholarship, University of Washington, Winter 2000, Winter
2001.
Published Papers
1. “Sources of Real Exchange Rate Volatility in Africa: Case of ECOWAS,” African
Development Review, Vol. 24, No. 1, pp. 79-92, 2012 (with Assande Adom and
Subhash Sharma).
2. “Price Convergence in US Cities: A Cointegration Approach with Two Structural
Breaks,” Applied Economics, Vol. 44, Issue 14, pp. 1849-1862, 2012 (with
Rangkakulnuwat, Wang, and Ahn).
3. “Real Exchange Rate Dynamics: The Role of Elastic Labor Supply,” Journal of
International Money and Finance, Vol 30 (7), pp. 1303-1322, 2011 (with Stephen J.
Turnovsky)
4. “Border Effects in the Variability of Rice Price in the Indian Subcontinent: Results from
a Natural Experiment,”Journal of Asian Economics, Vol. 22, No. 4, pp. 295-301, 2011.
5. “Infrastructure Provision and Macroeconomic Performance,” Journal of Economic
Dynamics and Control, Vol. 35, pp. 1288-1306, 2011 (with Santanu Chatterjee).
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6. “Economic Integration in Africa,” Quarterly Review of Economics and Finance, Vol.
50, No. 3, pp. 245-253, 2010 (Lead Article) (with Assande Adom and Subhash Sharma).
7. “Current Account Imbalances and Foreign Investment: A Theoretical Analysis of
Interrelationships and Causalities,” Review of International Economics, Vol. 18, No.
2, pp. 369-381, 2010 (with Sajal Lahiri).
8. “Currency Substitution in Selected African Countries,” Journal of Economic Studies,
Vol. 36, No. 6, pp. 616-640, 2009 (with Assande Adom and Subhash Sharma).
9. “Is There Really A ‘Border Effect’” Journal of International Money and Finance, 26
(7), 1229-1238, 2007.
10. “Price Convergence Among Indian Cities: A Cointegration Approach,”Journal of
Asian Economics, 17 (6), 1030-1043, 2006 (with Sung Ahn and Minsoo Lee).
11. “Additional Sources of Bias in Half-life Estimation,” Computational Statistics and
Data Analysis, 51 (3), 2056-2064, 2006 (with Byeongchan Seong and Sung Ahn).
12. “Elasticity of Substitution and the Persistence of the Deviation of the Real Exchange
Rates.” Review of Development Economics,10 (3), 411-433, 2006 (with Stephen J.
Turnovsky).
13. “Sectoral Adjustment Costs and Real Exchange Rate Dynamics in a Two-Sector
Dependent Economy. ” Journal of International Economics, 63, 147-177, 2004 (with
Stephen J. Turnovsky).
14. “What Can We Learn From a Large Border Effect in Developing Countries” Journal
of Development Economics, 72, 353-369, 2003.
Book Chapter
1. “An Examination of the Economic Theory of Civil Conflict.” in Y. Murakami, N,
Kawamura, and S. Chiba (eds.) Toward a Peaceable Future: Redefining Peace,
Security, and Kyosei from a Multidisciplinary Perspectives,The Thomas S. Foley
Institute for Public Policy and Public Service, Washington State University, Pullman,
WA, 2005, 79-86, (with Hallagan, He, Inaba, and Nziramasanga).
Conference Proceedings (Refereed)
1. Price Convergence and Monetary Policy in United States Cities: A Cointegration
Approach with Two Structural Breaks,” Proceedings of the International
MultiConference of Engineers and Computer Secintists 2009 Vol.II, IMECS2009,
March 18-20, 2009, Hong Kong, pp. 2038-2041 (with Rangkakulnuwat, Wang, and
Ahn).
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Completed Papers
1. “Microfinance and Missing Markets” (with Shahe Emran and Joseph Stiglitz) under
review.
2. “Workers’ Remittances, Borrowing Constraints, and Welfare.” Under review.
3. “Accounting for City Real Exchange Rate Changes in India,” (with Scott Gilbert)
4. “Oil Price Shocks and Labor Exports,” (with Basharat Pitafi).
Work in Progress
1. “Endogenous Private Transfer and Real Exchange Rate Dynamics in a Two-Sector
Dependent Economy.”
2. “Elasticity of Substitution in Consumption and the Accounting of Real Exchange Rate
Fluctuations,” (with Scott Gilbert).
Invited Seminars:
University of Birmingham U.K., University of Manchester U.K., University of Warwick
U.K., University of Reading U.K., University of Nottingham U.K., West Virginia
University, Southern Illinois University Carbondale, University of Alabama-Tuscaloosa,
Washington State University-International Business Institute, University of California-
Riverside, National University of Singapore, Saint Louis University, Washington State
University, University of Washington-Seattle.
Conference Presentations:
“Real Exchange Rate Dynamics: The Role of Elastic Labor Supply,” (with Stephen
Turnovsky)
Midwest Macroeconomics Meeting, Vanderbilt University, Nashville, TN, 2011
“Oil Price Shocks and Labor Exports,” (with Basharat Pitafi)
(updated version of “Oil Prices and Remittances: Impacts of Oil Price Shocks on the
Macroeconomy of a Small, Oil Importing, and Labor Exporting Country”)
NEUDC Conference, Boston, MA, November, 2009
Pacific Conference for Development Economics, Los Angeles, CA, March 2010.
“Accounting for City Real Exchange Rate Changes in India,” (with Scott Gilbert)
Pacific Conference for Development Economics, San Francisco, CA, March 2009.
Ninth Annual Missouri Economics Conference, Columbia, MO, March 2009
“Endogenous Private Transfer and Real Exchange Rate Dynamics in a Two-Sector
Dependent Economy”
Southern Economic Association Meeting, Washington D.C., November 2008
Tenth Annual Missouri Economics Conference, Columbia, MO, March 2010
“Oil Prices and Remittances: Impacts of Oil Price Shocks on the Macroeconomy of a Small,
Oil Importing, and Labor Exporting Country,” (with Basharat Pitafi)
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Remittances and the Macro-Economy Conference, Federal Reserve Bank of Atlanta,
Atlanta, GA, February 2008
Eighth Annual Missouri Economics Conference, Columbia, MO, March 2008
“Infrastructure Provision and Macroeconomic Performance,” (with Santanu Chatterjee)
Seventh Annual Missouri Economics Conference, Columbia, MO, March 2007.
“Current Account Imbalances, Capital Accumulation, and Foreign Investment: A
Theoretical Analysis of Interrelationships and Causalities,” (with Sajal Lahiri)
Midwest Economics Association Meeting, Minneapolis, MN, March 2007.
“Microfinance and Missing Markets,” (with Shahe Emran and Joseph Stiglitz)
Sixth Annual Missouri Economics Conference, Columbia, MO, March 2006.
“Elasticity of Substitution and the Persistence of the Deviation of the Real Exchange
Rates,” (with Stephen J. Turnovsky)
Fifth Annual Missouri Economics Conference, Columbia, MO, April 2005.
11th Annual Conference on Computing in Economics and Finance, Washington D.C., June
2005.
“Price Index Convergence in Indian Cities: A Cointegration Approach,” (with Sung Ahn
and Minsoo Lee)
Minnesota International Economic Development Conference in Minneapolis, MN, April
2005.
Midwest Econometrics Group Meeting, Evanston, IL, October 2004.
“New Borders and the Variability of the Price of Rice in the Indian Subcontinent.”
Midwest Economics Association Meeting, Milwaukee, WI, March 2005
“Institutions and Income Variations in the U.S.”
Midwest Economics Association Meeting, Chicago, IL, March 2004.
“Is There Really a Border Effect”
Midwest Economics Association Meeting, St. Louis, MO, March 2003.
Southern Economic Association Meeting, San Antonio, TX, November 2003.
“How Big is the Border Effect in Developing Countries A Case Study of Bangladesh and
India.”
2001 Southeast International Economics and Economic Theory Conference, Florida
International University, Miami, FL, November 2001
“Intersectoral Adjustment Costs and Real Exchange Rate Dynamics in a Two-Sector
Dependent Economy,” (With Stephen J. Turnovsky)
Young Economists’ Conference 2000, University of Oxford, UK, March 2000.
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Workshop
1. Participant, Castor Workshop on International Macroeconomics, Department of
Economics, University of Washington, Seattle, Aug. 2008.
2. Participant, Workshop on “Finance, Credit and Output Fluctuations,” University of
Nottingham, UK, Nov. 2010.
Referee
Bulletin of Economics Research, Economics Bulletin, International Economics & Finance
Journal, International Tax and Public Finance, Journal of Asian Economics, Journal of
Comparative Economics, Journal of Bangladesh Studies, Journal of Developing Areas,
Journal of Economic Dynamics and Control, Journal of International Economics, Journal
of Globalization and Development, Journal of Macroeconomics, Journal of
Panoeconomicus, Journal of Public Economic Theory, Letters in Spatial and Resource
Sciences, Review of Development Economics, Pacific Economic Review, Southern Economic
Journal
Reviewer
External Reviewer, Research Proposals in School of Economics, University of the Thai
Chamber of Commerce, Thailand.
Editorial Board:
Journal of Panoeconomicus, 2006-
Teaching
1. Department of Economics, Southern Illinois University Carbondale, Carbondale, IL
62901
Graduate
Macroeconomic Theory I (Graduate Macroeconomics Core Course), Macroeconomic Theory II
(Graduate Macroeconomics Core Course), Macroeconomic Theory III (Graduate
Macroeconomics Core Course), International Finance
Undergraduate
Principles of Microeconomics, Principles of Macroeconomics, Intermediate Macroeconomics,
Introduction to International Economics, International Trade and Finance, Financial Economics.
2. Department of Economics, Washington State University, Pullman, WA 99164
Graduate
Economic Theory III (Graduate Macroeconomics Core Course), Monetary Aspects of
International Economics (International Finance).
Undergraduate
Introductory Microeconomics, Introductory Macroeconomics, Intermediate Macroeconomics,
Money and Banking, Monetary Theory and Policy.
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Dissertation Committee:
Southern Illinois University Carbondale
Chair/Co-Chair
1. Assande Adom (Co-Chair) (Ph.D., 2007): Currently Assistant Professor, Eastern Illinois
University, Charleston, Illinois.
2. Sokchea Lim, ongoing.
3. Hussein Elkamel, ongoing.
Committee Member
Qian Hao (Ph.D., 2005), Ningwei Liu (Ph.D., 2005), Sandip Dutta (Ph.D., 2007)
Tejashree Sayanak (Ph.D., 2008), Dilara Tas (Ph.D., 2008), Joseph Toe (Ph.D., 2009)
Tilahun Ayanou (Ph.D., 2009), ANM Moinul Islam (Ph.D., 2009), Hasan Mohsin
(Ph.D., 2010), Guangjun Qu (Ph.D., 2010), Wei Gao (Ph.D. 2011), Hem Basnet (Ph.D.
2011) Zheng Du (Ph.D. 2012), Seifu Gebrehana (Ph.D. 2012), Kazi Sabbir Ahmed
(Ph.D. 2012), Channary Khun (ongoing), Huiqing Li (ongoing).
Washington State University
Qizhi Wei (Ph.D., 2003), Shidong Zhang (Ph.D., 2003)
Other Advising
Southern Illinois University Carbondale
Aina Rafalimanana (M.A. Thesis 2012-chair), Ibrahim Alswidan (M.A. Research Paper,
2011), Toygan Tunca (M.A. Research Paper, 2007), Erick Kitenge (M.A. Research
Paper, ongoing), and Kazak Khardayev (M.A. Research Paper-ongoing)
Washington State University
Bandar Aba-Al Khail (M.A., 2003), Sopon Sakulratanasak (M.A., 2003), Angger P.
Wibowo (M.A., 2004), Masato Sawada (M.A., 2004)
Other Training
Completed a nine-month long "Advanced Course in Economics and Quantitative
Techniques" in 1992 conducted by the Bangladesh Institute of Development Studies,
Dhaka, Bangladesh.
Membership of Professional Society
American Economic Association, Econometric Society
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