TheEconomists
202-452-3209
shaghil.ahmed@frb.gov
shaghil.ahmed@frb.gov
Education
- Ph.D., Economics, University of Rochester, 1985
- M.A., Economics, University of Rochester, 1983
- B.Sc., Economics, London School of Economics, 1980
Current Research Topics
- Emerging Market Exchange Rates and Capital Flows
- Linkages Between Emerging And Advanced Economies
Fields of Interest
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
Referee
- American Economic Review
- Canadian Journal of Economics
- Economica
- Economic Inquiry
- Economic Journal
- IMF Economic Review
- International Economic Review
- Journal of Business and Economic Statistics
- Journal of Development Economics
- Journal of Economic Growth
- Journal of International Economics
- Journal of International Money and Finance
- Journal of Macroeconomics
- Journal of Money, Credit, and Banking
- Journal of Monetary Economics
- Oxford Bulletin of Economics and Statistics
- Oxford Economic Papers
- Pakistan Development Review
- Pakistan Journal of Applied Economics
- Review of Economics and Statistics
Last update:
April 16, 2012