Published and forthcoming journal articles

• Real exchange rate behavior and exchange rate misalignment in Bangladesh: A single equation approach (with Atiqur Rahman). Bangladesh Development Studies, 2001, 27(2), 69-93.
  
  
• The enduring significance of Bangladesh’s war of independence: An analysis of economics costs and consequences (with Saud Choudhry). Journal of Developing Areas, 2002, 36(1), 41-55.
  
  • A Bengali translation is available here.
    
    
• Regional cooperation in trade, finance and investment among SAARC countries: The Bangladesh perspective (with M. Kabir Hassan and Rock-Antoine Mehanna). Thoughts on Economics, 2002, 12(2), 7-32.
  
  
• The money supply process in Bangladesh: An error-correction approach (with M. Kabir Hassan and Muhammad Mustafa). Indian Journal of Economics, 2003, 83(328-331), 443-58.
  
  
• PPP tests in cointegrated panels: Evidence from Asian developing countries (with Mohammed Mohsin). Applied Economics Letters, 2004, 11(3), 163-66.
  
  
• 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, 38(1), 135-49.
  
  
• Day-of-the-week effects in emerging stock markets (with Perry Sadorsky). Applied Economics Letters, 2006, 13(10), 621-628.
  
  • Featured in Daily News & Analysis (November 17, 2005).
  
  
• Oil price risk and emerging stock markets (with Perry Sadorsky). Global Finance Journal, 2006, 17(2), 224-251.
  
  
• Mixed oligopoly under demand uncertainty (with Mahmudul Anam and Shin-Hwan Chiang). B.E. Journal of Theoretical Economics, 2007, 7(1) Topics, Article 24.
  
  
• Can panel data really improve the predictability of the monetary exchange rate model? (with Joakim Westerlund). Journal of Forecasting, 2007, 26(5), 365-383.
  
  
• Time-varying volatility and equity returns in Bangladesh stock market (with M. Kabir Hassan and Anisul M. Islam). Applied Financial Economics, 2007, 17(17), 1393-1407.
  
  
• Is there really a unit root in the inflation rate? More evidence from panel data models (with Joakim Westerlund). Applied Economics Letters, 2008, 15(3), 161-164.
  
  
• Mixed signals among tests for panel cointegration (with Joakim Westerlund). Economic Modelling, 2008, 25(1), 128-136.
  
  
• Testing for convergence in carbon dioxide emissions using a century of panel data (with Joakim Westerlund). Environmental and Resource Economics, 2008, 40(1), 109-120.
  
  
• Geography, population density, and education: Explaining income gaps across U.S. states and Canadian provinces (with Nils-Petter Lagerlöf). Journal of Macroeconomics, 2008,  30(3),  1173-1187.
  
  • Click here for an earlier and long version with more (geography) instruments.
  • Get the Stata data here.
  
  
• The long-term decline of internal migrations in Canada: The case of Ontario (with Stefano Fachin). Letters in Spatial and Resource Sciences, 2008, 1(2-3), 171-181.
• Ommited materials
  
  
• Price level convergence, purchasing power parity and multiple structural breaks in panel data analysis: An application to US cities (with Josep Lluís Carrion-i-Silvestre). Journal of Time Series Econometrics, 2009, 1(1), Article 3.
  
  • Companion appendix
  
  
• Panel cointegration and the monetary exchange rate model (with Joakim Westerlund). Economic Modelling, 2009, 26(2), 506-513.
  

  • The GAUSS code is available on request.
  
  
• From home bias to euro bias: Disentangling the effects of monetary union on the European financial markets (with Faruk Balli and Hatice Ozer-Balli). Journal of Economics and Business, 2010, 62, 347-366.
  
  
• Linear or nonlinear cointegration in the purchasing power parity relationship? (with Alfred Haug). Applied Economics (forthcoming).
  
  • The GAUSS code is available on request.
    
    
• Measuring perssitence in U.S. city prices: New evidence from robust tests (with Josep Lluís Carrion-i-Silvestre). Empirical Economics (forthcoming).

• Review of "Entrepreneur and economic development: The remarkable story of garment exports from Bangladesh," by Munir Quddus and Salim Rashid, Journal of Bangladesh Studies, 2000, 2, 65-66.
  
  

• Review of "Breaking the mould: An institutionalist political economy alternative to the neoliberal theory of the market and the state," by Ha-Joon Chang, Journal of Developing Areas, 2003, 37, 180-181.
  
  

• Review of "Fiscal decentralization in developing countries: A review of current concepts and practice," by Paul Smoke, Journal of Developing Areas,  2003, 37, 178-79.