Professional Experience

• • International Finance Division

    Board of Governors of the Federal Reserve System

  • 1995 - present

• • Managing Director

    Social Policy and Development Center, Pakistan

  • 2004 - 2006

• • Assistant Professor

    Pennsylvania State University

  • 1986 - 1995

• • Visiting Scholar

    Federal Reserve Bank of Philadelphia

  • 1992 - 1993

• • Visiting Assistant Professor

    Anderson Graduate School of Management, UCLA

  • 1991 - 1992

• • Visiting Assistant Professor

    Brown University

  • 1984 - 1986

Publications

• Ahmed, Shaghil (2009). "Are Chinese Exports Sensitive to Changes in the Exchange Rate?" International Finance Discussion Papers 987. Board of Governors of the Federal Reserve System (U.S.).
• Haltmaier, Jane, Shaghil Ahmed, Brahima Coulibaly, Ross Knippenberg, Sylvain Leduc, Mario Marazzi, and Beth Anne Wilson (2009). "The Role of China in Asia: Engine, Conduit, Or Steamroller?" in Yueh, Linda ed., The Future of Asian Trade and Growth: Economic Development with the Emergence of China. London: Routledge.
• Ahmed, Shaghil (2008). "Impact of Trade Liberalization on Growth and Poverty in Pakistan," in Kugelman, Michael, Robert M. Hatahaway eds., Hard Sell: Attaining Pakistani Competitiveness in Global Trade. Washington, DC: Woodrow Wilson Center, pp. 65-86.
• Haltmaier, Jane, Shaghil Ahmed, Brahima Coulibaly, Ross Knippenberg, Sylvain Leduc, Mario Marazzi, and Beth Anne Wilson (2007). "The Role of China in Asia: Engine, Conduit, Or Steamroller?" International Finance Discussion Papers 904. Board of Governors of the Federal Reserve System (U.S.).
• Ahmed, Shaghil (2006). "First SBP International Conference on 'Monetary-Cum-Exchange Rate Regime: What Works Best for Emerging Market Economies?': Concluding Remarks," State Bank of Pakistan Research Bulletin, vol. 2, no. 1, pp. 313-318.
• Ahmed, Shaghil, Iffat Ara, and Kalim Hyder (2006). "How External Shocks and Exchange Rate Depreciations Affect Pakistan? Implications for Choice of an Exchange Rate Regime," State Bank of Pakistan Research Bulletin, vol. 2, no. 1, pp. 61-88.
• Ahmed, Shaghil, Andrew Levin, and Beth Anne Wilson (2004). "Recent U.S. Macroeconomic Stability: Good Policies, Good Practices, Or Good Luck?" Review of Economics and Statistics, vol. 86, no. 3, pp. 824-832.
• Ahmed, Shaghil (2003). "Sources of Economic Fluctuations in Latin America and Implications for Choice of Exchange Rate Regimes," Journal of Development Economics, vol. 72, no. 1, pp. 181-202.
• Ahmed, Shaghil, Andrew Levin, and Beth Anne Wilson (2002). "Recent U.S. Macroeconomic Stability: Good Policies, Good Practices Or Good Luck?" International Finance Discussion Papers 730. Board of Governors of the Federal Reserve System (U.S.).
• Ahmed, Shaghil, Christopher J. Gust, Steven B. Kamin, and Jonathan Huntley (2002). "Are Depreciations as Contractionary as Devaluations? A Comparison of Selected Emerging and Industrial Economies," International Finance Discussion Papers 737. Board of Governors of the Federal Reserve System (U.S.).
• Ahmed, Shaghil, and John H. Rogers (2000). "Inflation and the Great Ratios: Long Term Evidence from the U.S," Journal of Monetary Economics, vol. 45, no. 1, pp. 3-35.
• Ahmed, Shaghil (1998). "Comment on "the Legal Environment, Banks, and Long-Run Economic Growth."," Journal of Money, Credit, and Banking, vol. 30, no. 3, pp. 614-620.
• Ahmed, Shaghil (1996). "Balanced-Budget Rules and Public Deficits: Evidence from the U.S. States: A Comment," Carnegie-Rochester Conference Series on Public Policy, vol. 45, pp. 77-87.
• Ahmed, Shaghil, and Dean Croushore (1996). "The Marginal Cost of Funds with Nonseparable Public Spending," Public Finance Quarterly, vol. 24, no. 2, pp. 216-236.
• Ahmed, Shaghil, and John H. Rogers (1996). "Long-Term Evidence on the Tobin and Fisher Effects: A New Approach," International Finance Discussion Papers 566. Board of Governors of the Federal Reserve System (U.S.).
• Ahmed, Shaghil, and Byung Sam Yoo (1995). "Fiscal Trends in Real Economic Aggregates," Journal of Money, Credit, and Banking, vol. 27, no. 4, pp. 985-1001.
• Ahmed, Shaghil, and Dean Croushore (1995). "The Importance of the Tax System in Determining the Marginal Cost of Funds," Public Finance, vol. 50, no. 2, pp. 173-181.
• Ahmed, Shaghil, and John H. Rogers (1995). "Government Budget Deficits and Trade Deficits: Are Present Value Constraints Satisfied in Long-Term Data?" Journal of Monetary Economics, vol. 36, no. 2, pp. 351-374.
• Ahmed, Shaghil, and Jae Ha Park (1994). "Sources of Macroeconomic Fluctuations in Small Open Economies," Journal of Macroeconomics, vol. 16, no. 1, pp. 1-36.
• Ahmed, Shaghil, and Radha Murthy (1994). "Money, Output, and Real Business Cycles in a Small Open Economy," Canadian Journal of Economics, vol. 27, no. 4, pp. 982-993.
• Ahmed, Shaghil (1993). "International Business Cycles," American Economic Review, vol. 83, no. 3, pp. 335-359.
• Ahmed, Shaghil (1989). "Islamic Banking and Finance: A Review Essay," Journal of Monetary Economics, vol. 24, no. 1, pp. 157-167.
• Ahmed, Shaghil (1987). "Government Spending, the Balance of Trade and the Terms of Trade in British History," Journal of Monetary Economics, vol. 20, no. 2, pp. 195-220.
• Ahmed, Shaghil (1987). "Wage Stickiness and the Non-Neutrality of Money: A Cross-Industry Analysis," Journal of Monetary Economics, vol. 20, no. 1, pp. 25-50.
• Ahmed, Shaghil (1986). "Temporary and Permanent Government Spending in an Open Economy: Some Evidence for the United Kingdom," Journal of Monetary Economics, vol. 17, no. 2, pp. 197-224.

Presentations

• conference

  May 2010

  NAFTA Central Banks Research Conference, Ottawa. Canada

  Reforming China's Exchange Rate Regime and Its Implications

• conference

  March 2010

  Oxmetrics Conference, George Washington University, Washington, DC

  Are Chinese Exports Sensitive to Changes in the Exchange Rate?

• conference

  January 2010

  Hong Kong Institute of Monetary Research, International Conference on the Chinese Economy, Hong Kong

  Are Chinese Exports Sensitive to Changes in the Exchange Rate?

• conference

  May 2009

  Canadian Economic Association Annual Meetings, Toronto, Canada

  Are Chinese Exports Sensitive to Changes in the Exchange Rate?

Other Activities