Research

 

Research Interests:

·        Finance

§         Asset Pricing

§         Portfolio Choice

§         Risk Management

§         Emerging Markets

·        Econometrics and Time Series Analysis

·        International Finance

·        Applied Probability

 

Publications:

 

·        Jahan-Parvar, M. R., and H. Mohammadi (2009), “Oil Prices and Competitiveness: Time Series Evidence from Six Oil Producing Countries," Journal of Economic Studies, Vol. 36 No. 1. (pdf)

 

Working Papers:

·        Home Bias Puzzle Revisited: A General Equilibrium Solution Based on Model Mis-Specification

·        Portfolio Choice with Multi Factor Stochastic Volatility

·        An Empirical Investigation of Stock Market Behavior in Middle East and North Africa (with Ai-Ru Cheng and Philip Rothman) (pdf)

·        Equity Premium and Real Business Cycles in Small Open Economies (with Xuan Arthur Liu and Philip Rothman) (pdf)

·        Flood Insurance Coverage in the Coastal Zone (with Craig E. Landry) (pdf)

·        Real Exchange Rates and Oil Prices in Oil Exporting Countries: A Bounds Testing Approach (with H. Mohammadi) (pdf)

·        Dutch Disease in Oil–Exporting Countries: Evidence from TAR and M-TAR Models (with H. Mohammadi) (pdf)

 

 

Work in Progress:

·        Portfolio Choice with Multi Factor Stochastic Volatility: Comparative Theoretical and Empirical Implications (with Amarjit Budhiraja).

·        Portfolio Choice and Demand for Robustness: A Martingale Solution.

·        Realized and Implied Volatility in Foreign Exchange European Options: Are Jump Tests Correctly Specified? (with Ai-Ru Cheng)

·        Do oil spot prices and oil futures have prediction power for the term structure of US bond returns? (with Philip Rothman)

·        Asset Pricing in Small Open Economies (with Xuan Arthur Liu)

·        Oil Prices, Curse of Natural Resources, and Autoregressive Conditional Root Tests (with Randal Parker)

 

Research Grants:

·        East Carolina University Division of Research and Graduate Studies (2008), “Real Exchnage Rates, Oil Prices, and Autoregressive Conditional Roots Tests”, US$ 18,469.00

·        East Carolina University Faculty Senate Research/Creative Activity Grant (2007), “Assessing Coastal Risk Exposure using Extreme Value Theory”, with Craig E. Landry, US$ 22,500.00