Hashem Pesaran

Tenure Track Appointments

• Distinguished Professor of Economics, University of Southern California, 2013 –
• Emeritus Professor of Economics, Cambridge University, 2012 –
• John Elliott Chair in Economics and Professor of Economics, University of Southern California, 2005 –
• Professor of Economics and Director, Program in Applied Econometrics, University of California, Los Angeles, 1989 – 1993
• Professor of Economics, Cambridge University, 1988 – 2012
• Reader in Economics, Faculty of Economics and Politics, University of Cambridge, 1985 – 1988
• Teaching Fellow and Director of Studies in Economics, Trinity College, Cambridge, UK, 1979 – 1988
• Professorial Fellow, Trinity College Cambridge, 1979 –
• Lecturer in Economics, Faculty of Economics and Politics, University of Cambridge, 1979 – 1985

Research, Teaching, Practice, and Clinical Appointments

• Director, USC Dornsife Institute for New Economic Thinking, 2014-2018
• Director , USC Center for Applied Financial Economics, 2012-
• Director, Centre for International Macroeconomics and Finance (CIMF), Cambridge University, 2005-2008
• Director, USC College Institute for Economic Policy Research, 2004-2006

PostDoctoral Appointments

• Junior Research Officer, Department of Applied Economics, Cambridge University, 1971 – 1973

Visiting and Temporary Appointments

• Visiting Professor, University of Southern California, Fall Fall
• Visiting Professor, University of Southern California,
• Visiting Professor, University of Southern California,
• Visiting Professor, University of Southern California,
• Visiting Professor, University of Pennsylvania , Fall Fall
• Visiting Professor, University of California, Los Angeles, 1987-1988
• Visiting Fellow, Australian National University,
• Visiting Lecturer, Harvard University,

Other Employment

• Partner, GSA Capital, 07/2006-07/2009
• Vice President for development of computerized trading systems, Tudor Corporation, Greenwich, Connecticut, 2000-2002
• Undersecretary, Ministry of Education, Iran, 1977-1978
• Head of the Economic Research Department , Central Bank of Iran, 1974-1976
• Assistant to the Vice-Governor , Central Bank of Iran, 1973-1974

Summary Statement of Research Interests

As a leading expert of applied econometrics, Pesaran studies quantitative analysis of financial markets, macroeconometric modeling, energy demand and the Middle East economy. He says the next stage in quantitative economic analysis is to develop techniques suitable for real-time applications of econometrics in the fields of business and government decision making. He has begun this process by developing recursive techniques now used in financial modeling. He hopes to soon build the foundation of what might one day be called Real-Time Econometrics. His work has been published in more than 150 academic publications and 13 books. A former economist for the Central Bank of Iran, he has served as consultant to the United Nations, the World Bank and the International Monetary Fund. Recently, he worked with the Tudor Corporation in Connecticut, where he developed a computerized trading system that is currently in operation. The main areas of his research include: National and global macroeconometric modelling (GVAR), Factor models, Empirics of growth
Real-time modelling in economics and finance
Econometric analysis of dynamic panels: unit root testing and cointegration in panel data models
Econometric analysis of non-nested models
Credit risk modelling
Monetary and foreign exchange policy in Iran

Research Keywords

Quantitative analysis of financial markets, national and global macroeconometric modeling, energy demand, Middle East economy

Contracts and Grants Awarded

• Grant for research on “Cross Section Dependence in Panel Data Models”, (ESRC), M. Hashem Pesaran, Sean Holly, $479,751, 2011 – 2013
• Cambridge Finance Sinopia Research Fellowship, Forecasting in Presence of Structural Instability, (Sinopia, HSBC, Paris), M. Hashem Pesaran, $277,842, 09/2006 – 12/2010
• Dynamic Panel Analysis of Interactions and Nonlinearities, (ESRC, UK), M Hashem Pesaran, Sean Holly, $276,000, 01/2004 – 12/2007
• International economic linkages and synchronization in business cycles, (European Central Bank), M Hashem Pesaran, Sean Holly, $90,000, 2004-2005
• Grant for research on “Debt Management and the Evolving Macroeconomy”, (ESRC), M. Hashem Pesaran, Shaun Vahey, $117,746, 1999 – 2001
• Grant for research on “Structural Modelling of the UK Economy within a VAR Framework using Quarterly, (ESRC and Newton Trust), M. Hashem Pesaran, $274,534, 1995 – 2000
• Grant for research on “Econometric Analysis of Nonlinear Dynamic Models with Applications in Interna, (ESRC), M. Hashem Pesaran, Kevin Lee, $133,890, 1995 – 1997
• Grant for research on “Optimal Consumption under Precautionary Savings: A Dynamic Heterogeneous Pane, (European Commission), M. Hashem Pesaran, Michael Binder, $25,831, 1996-1997
• Grant for research on “Integration of Micro and Macro Analysis in Data Fields”, (ESRC and Newton Trust), M. Hashem Pesaran, $125,807, 1994 – 1996
• Grant for research on “An Empirical Analysis of Business Cycle Fluctuations in the Context of a Mult, (ESRC), M. Hashem Pesaran, Kevin Lee, $160,605, 1992 – 1994
• Grant for research on Modelling Exchange Rates in Target Zones, (ESRC), M. Hashem Pesaran, Hossein Zones, $72,267, 1992 – 1994
• Research Grant, (Newton Trust, Trinity College), M. Hashem Pesaran, $112,422, 1992 – 1994
• Research Grant, (Newton Trust, Trinity College), M. Hashem Pesaran, $69,659, 1991 – 1993
• Grant for research on “Expectations Formation in Disaggregate Models”, (ESRC), M. Hashem Pesaran, $62,850, 1989 – 1991

USC Funding

• Institutional Grant matched by USC Dornsife. USC Dornsife Institute for New Economic Thinking: Funding for USC Dornsife Institute for New Economic Thinking., $6500000, 08/2014 – 08/2020

Conference Presentations

• The role of pricing errors in linear asset pricing models with strong, semi-strong, and latent factors , 9th Annual Conference of the International Association for Applied Econometrics (IAAE)Talk/Oral Presentation, Invited, Oslo, Norway, 06/27/2023 – 06/30/2023
• The Role of Pricing Errors in Linear Asset Pricing Models with Strong, Semi-strong, and Latent Factors , Econometrics Seminar at Kansas UniversityWorkshop, Invited, 05/05/2023
• Long-Term Macroeconomics Effects of Climate Change: A Cross-Country Analysis , 2nd International Conference of Research in Europe (ICRE) 2023Keynote Lecture, Invited, Online event, 01/02/2023
• Pricing and spanning errors in linear asset pricing models with strong, semi-strong, and latent factors , Rome-Waseda Time Series SymposiumTalk/Oral Presentation, Invited, Rome, Italy, 10/05/2022 – 10/07/2022
• Trimmed Mean Group Estimation of Average Treatment Effects in Ultra Short T Panels with Correlated Heterogeneous Coefficients , 6th Institute for Advanced Economic Research (IAER) Econometrics WorkshopTalk/Oral Presentation, Invited, Online event, Dongbei University of Finance and Econonmics, Dalian, China, 06/25/2022 – 06/27/2022
• Social Distancing, Vaccination and Evolution of COVID-19 Transmission Rates in Europe , 8th Annual Conference of the International Association for Applied Econometrics (IAAE)Talk/Oral Presentation, Invited, King’s College London, 06/21/2022 – 06/24/2022
• Forecasting with panel data: estimation uncertainty versus parameter heterogeneity , 5th Vienna Workshop on High-Dimensional Time SeriesTalk/Oral Presentation, Invited, Institute for Advanced Studies, Vienna, Austria, 06/09/2022 – 06/10/2022
• Forecasting with panel data: estimation uncertainty versus parameter heterogeneity , RCEA Conference on Recent Developments in Economics, Econometrics and FinanceKeynote Lecture, Invited, Online event, 03/03/2022 – 03/06/2022
• Long-Term Macroeconomic Effects of Climate Change: A Cross-Country Analysis , Africa ISEAPA ConferenceKeynote Lecture, Invited, Online event, 12/16/2021 – 12/18/2021
• A Counterfactual EconomicAnalysis of COVID-19 Using a Threshold Augumented Multi-Country Model , International Conference on Economic Modeling and Data Science (EcoMod2021)Keynote Lecture, Invited, Online event, 07/07/2021 – 07/09/2021
• Measurement of Factor Strength:Theory and Practice , Mardi Dungey Memorial Research ConferenceKeynote Lecture, Invited, Washington DC, 02/21/2020
• Detection of Units with Pervasive Effects in Large Panel Data Models , Allied Social Science Association 2020 Annual MeetingTalk/Oral Presentation, Invited, San Diego, 01/03/2020 – 01/05/2020
• The role of factors strength and pricing errors for estimation and inference in asset pricing models , 13th International Conference on Computational Financial Econometrics Keynote Lecture, Invited, London, 12/14/2019 – 12/16/2019
• Long-Term Macroeconomic Effects of Climate Change: A Cross-Country Analysis , Conference on the Economics of Climate ChangeTalk/Oral Presentation, Federal Reserve Bank of San Francisco, Invited, San Francisco, 11/08/2019
• Detection of Units with Pervasive Effects in Large Panel Data Models , The 2nd CEMMAP UCL/Vanderbilt Joint ConferenceTalk/Oral Presentation, Invited, Nashville, 10/11/2019 – 10/12/2019
• Detection of Units with Pervasive Effects in Large Panel Data Models , 2019 International Association for Applied Econometrics ConferenceTalk/Oral Presentation, Invited, Cyprus, 06/25/2019 – 06/28/2019
• Detection of Dominant Units in Networks , 4th Vienna Workshop on High-Dimensional Time Series in Macroeconomics and Finance 2019Talk/Oral Presentation, Invited, Institute of Advance Studies, Vienna, 05/16/2019 – 05/17/2019
• Multi-country analysis of business cycle effects of fiscal and technology shock , AIE Conference in honor of Professor Cheng HsiaoLecture/Seminar, Invited, Louisiana State University, 10/26/2018 – 10/28/2018
• Uncertainty and Economic Activity: A Multi-Country Perspective , Baltic Economic Association ConferenceKeynote Lecture, Invited, Vilnius, Lithuania, 06/11/2018 – 06/12/2018
• Forecasting in linear high dimensional models subject to structural breaks , Cambridge INET Conference “Big Data in Financial Markets”Talk/Oral Presentation, Invited, Trinity College, Cambridge University, 05/24/2018 – 05/25/2018
• Debt Financing and Real Output Growth: Is There a Threshold Effect? , 2017 INET ConferenceTalk/Oral Presentation, Invited, Edinburgh, Scotland, 10/21/2017 – 10/23/2017
• Double-question Survey Measures for the Analysis of Financial Bubbles and Crashes , IAAE 4th Annual ConferenceTalk/Oral Presentation, IAAE, Invited, Sapporo, Japan, 06/26/2017 – 06/29/2017
• The Trump Presidency and the Iranian Economy , Challenges Facing the Iranian EconomyRoundtable/Panel, IIEA, Invited, Trinity College, Cambridge UK, 05/26/2017
• Testing for Alpha in Linear Factor Pricing Models with a Large Number of Securities , Panel Data ConferenceLecture/Seminar, Cambridge INET and CeMMAP , Invited, Trinity College, Cambridge UK, 05/23/2017
• Econometric Analysis of Production Networks with Dominant Units , Conference in Honor of Max KingKeynote Lecture, Invited, Monash University, Australia, 12/08/2016 – 12/09/2016
• Double-Question Survey Measures for the Analysis of Financial Bubbles and Crashes , 9th York Econometrics SymposiumLecture/Seminar, Invited, University of York, UK, 07/11/2016
• Oil Booms and Busts and the Global Economy , Annual Conference of the International Association for Applied EconometricsKeynote Lecture, Invited, University of Milano-Bicocca, Italy, 06/23/2016
• A bias-corrected method of moments approach for estimations of dynamic panels , Annual Conference of the International Association for Applied EconometricsTalk/Oral Presentation, Invited, University of Milano-Bicocca, Italy, 06/22/2016
• Big Data Analytics: A New Perspective , Annual Conference of the International Association for Applied EconometricsTalk/Oral Presentation, Invited, University of Milano-Bicocca, Italy, 06/22/2016
• Oil Prices and the Global Economy: Is It Different This Time Around? , 4th International Conference on the Iranian EconomyLecture/Seminar, the International Iranian Economic Association, Invited, Marburg, Germany , 06/18/2016
• Opportunities and Challenges in the Analysis of Large Date Sets , 19th Eurasia Business and Economics Society ConferenceKeynote Lecture, Invited, Istanbul, Turkey, 05/26/2016
• Country-Specific Oil Supply Shocks and the Global Economy: A Counterfactual Analysis , Oil, Middle East, and the Global EconomyLecture/Seminar, USC, Los Angeles, CA, 04/01/2016 – 04/02/2016
• A Multistage and Multiple Testing Approach to Variable Selection in Linear Regression Models with a Large Number of Covariates , USC Dornsife INET’s California Econometrics ConferenceKeynote Lecture, USC Dornsife INET, Invited, Los Angeles, California, 09/25/2015 – 09/26/2015
• A multi-country approach to forecasting output growth using PMIs , Conference on “Econometric methods for business cycle analysis, forecasting and policy simulationsLecture/Seminar, Norges Bank, Invited, Oslo, Norway, 06/11/2015 – 06/12/2015
• Opportunities and Challenges in the Analysis of Large Data Sets , 2nd Vienna Workshop on High-Dimensional Time Series in Macroeconomics and FinanceLecture/Seminar, Institute of Advanced Studies, Invited, Vienna, Austira, 05/21/2015 – 05/22/2015
• Oil Booms and Busts: A Long-Run Perspective , 2015 SPE Western Regional MeetingRoundtable/Panel, Invited, Garden Grove, CA, 04/30/2015
• LongRun Effects in Large Heterogeneous Panel Data Models with CrossSectionallyCorrelated Errors , In Honor of Aman UllahTalk/Oral Presentation, Invited, Riverside, CA, 03/13/2015 – 03/15/2015
• Modelling cross-border financial channels: a GVAR perspective , https://www.ecb.europa.eu/events/conferences/html/141124_workshop.en.htmlKeynote Lecture, Invited, Frankfurt, Germany, Fall 2014
• Tests of Policy Ineffectiveness in Macroeconometrics , BGE Summer Forum Keynote Lecture, Invited, Barcelona, Spain, 06/19/2014 – 06/20/2014
• A Multi-Country Approach to Forecasting Output Growth using PMIs , 8th ECB Workshop on Forecasting TechniquesKeynote Lecture, Invited, Frankfurt, Germany, 06/13/2014 – 06/14/2014
• Cross Section Dependence in Panel Data Models Lecture/Seminar, Invited, Riverside, CA, 05/06/2014
• Iran’s Economy: Challenges and Opportunities , Program of Iranian Studies Bilingual Lecture SeriesLecture/Seminar, Invited, UCLA, 02/24/2014
• Counterfactual Analysis in Macroeconometrics: An Empirical Investigation into the Effects of Quantitative Easing Lecture/Seminar, European Central Bank, Invited, Frankfurt, Germany, 07/08/2013
• Modelling Spatial Dependence with Pairwise Correlations , Time Series WorkshopKeynote Lecture, University of Bologna, Invited, Rimini, Italy, 06/27/2013 – 06/28/2013
• Global Economic Interdependencies Lecture/Seminar, Istanbul Stock Exchange, Invited, Istanbul, Turkey, 06/20/2013
• Modelling Spatial Dependence with Pairwise Correlations , Econometrics of Social Interaction SymposiumLecture/Seminar, The University of York Department of Economics and, Invited, York, UK, 05/09/2013 – 05/10/2013
• Testing CAPM with a Large Number of Assets , Advanced Econometric Modelling for FinanceLecture/Seminar, University of Glasgow, Invited, UK, 05/08/2013
• VI World Conference Keynote Lecture, Spatial Econometric Association, Invited, Salvador, Brazil, 07/11/2012 – 07/13/2012
• Testing CAPM with a Large Number of Assets , Fifth Annual Conference of the Society for Financial EconometricsKeynote Lecture, Oxford-Man Institute of Oxford University, Invited, Oxford, UK, 06/20/2012 – 06/22/2012
• Counterfactual Analysis in Macroeconometrics: An Empirical Investigation into the Effects of Quantitative Easing , International Econometrics Conference in honour of Professor Cheng HsiaoLecture/Seminar, Southwestern University of Finance and Economics (, Invited, Chengdu, China, 05/26/2012 – 05/27/2012
• Predictability of Asset Returns and the Efficient Market Hypothesis , Quantitative Investment ConferenceLecture/Seminar, UBS, Invited, London, UK, 04/19/2012
• Counterfactual Analysis in Macroeconometrics: An Empirical Investigation into the Effects of Quantitative Easing , Third International Conference in memory of Carlo GianniniKeynote Lecture, Banca d’Italia, Invited, Rome, Italy, 04/12/2012 – 04/13/2012
• Craig Hiemstra Memorial Lecture , 20th Symposium of the Society for Nonlinear Dynamics and Econometrics ConferenceLecture/Seminar, Istanbul Bilgi University, Invited, Istanbul, Turkey, 04/05/2012 – 04/06/2012
• Exponent of Cross-sectional Dependence: Estimation and Inference , Information and Econometrics of Networks ConferenceLecture/Seminar, American University, Invited, Washington, DC, 03/30/2012 – 03/31/2012
• Counterfactual Analysis in Econometrics , The Trygve Haavelmo Centennial SymposiumLecture/Seminar, University of Oslo, Invited, Oslo, Sweden, 12/13/2011 – 12/14/2011
• Counterfactual Analysis in Econometrics , 22nd (EC)2 ConferenceLecture/Seminar, European University Institute and the University o, Invited, 12/13/2011
• China’s Emergence in the World Economy and Business Cycles in Latin America , Taiwan Econometric Society Annual MeetingKeynote Lecture, Taiwan Econometric Society, Invited, Taiwan, 10/29/2011
• Testing CAPM with a Large Number of Assets , Seventh Cambridge-Princeton ConferenceLecture/Seminar, Princeton University, Invited, Princeton, NJ, 09/16/2011 – 09/17/2011
• Econometric analysis of high dimensional VARs , 4th CSDA International Conference on Computational and Financial Econometrics (CFE’10) Keynote Lecture, Society of Computational and Financial Econometric, Invited, Senate House, University of London, 2010-2011
• Aggregation in Large Dimensional Panels , High-Dimensional Econometric ModellingLecture/Seminar, Cass Business School, Invited, London, 2010-2011
• Econometric Analysis of High Dimensional VARs Featuring a Dominant Unit , 6th Colloquium on Modern Tools for Business Cycle AnalysisKeynote Lecture, Eurostat, Invited, Luxembourg , 2010-2011
• In the Aftermath of the Financial Crisis, Can We Still Model Economic Agents as Rational Actors? , Challenging Models in the Face of UncertaintyTalk/Oral Presentation, CRASSH, Cambridge University, Invited, Cambridge, 2010-2011
• Exponent of Cross-Sectional Dependence: Estimation and Inference , 17th International Panel Data Conferenc Preliminary ProgramLecture/Seminar, Invited, Montreal, Canada, 07/08/2011 – 07/10/2011
• On Identification of Bayesian DSGE Models , Info-Metrics Institute Seminar SeriesLecture/Seminar, American University, Invited, Washington, DC, 03/31/2011
• The role of bank credit in transmission of aggregate and firm specific technology shocks within a DSGE model , The impact of the crisis on the international environment: Lessons for modellers and practitionersLecture/Seminar, European Central Bank, Invited, Frankfurt, Germany, 12/16/2010
• Econometric Analysis of High Dimensional VARs Featuring a Dominant Unit , Semiar-AQR Research Group-IREA Lecture/Seminar, University of Barcelona, Invited, Barcelona, Spain, 11/26/2010
• Supply, Demand and Monetary Policy Shocks in a Multi-Country New Keynesian model , Seminar at Bank of EnglandLecture/Seminar, Bank of England, Invited, London, UK, 11/19/2010
• Supply, Demand and Monetary Policy Shocks in a Multi-Country New Keynesian Model , Sixth annual Cambridge-Princeton ExchangeLecture/Seminar, Cambridge University and Princeton University, Invited, Cambridge, UK, 09/10/2010 – 09/11/2010
• Cross Section Dependence in Panel Data Models , Seminar at University of International Business and EconomicsLecture/Seminar, Fudan University, Invited, Shanghi, China, 08/2010
• How to get published and formulating your article: Standards and criteria , World Econometric CongressTalk/Oral Presentation, Wiley-Blackwell, Invited, Shanghai, 2009-2010
• Spatial and Temporal Diffusion of House Prices in the UK , 16th International Conference on Panel Data, 2-3 July 2010Lecture/Seminar, Free University of Amsterdam , Amsterdam, 2009-2010
• Supply Demand and Monetary Policy Shocks in a Multi-Country New Keynesian Model , Conference on Recent Developments in MacroeconomicsKeynote Lecture, Centre for European Economic Research (, Invited, Mannheim, Germany, 2009-2010
• Supply, demand and monetary policy shocks in a multi-country new Keynesian model , QASS Conference on Macro and Financial EconomicsKeynote Lecture, Brunel University, Invited, Brunel, UK, 2009-2010
• The Spatial and Temporal Diffusion of House Prices in the UK , The Chicago/London Conference on Financial MarketsLecture/Seminar, Cass Business School, Invited, London, England, 2009-2010
• A century of Oil Income: A Blessing or a Curse for the Iranian Economy , Iranian Economy at a Crossroads. Domestic and Global Challenges, USCLecture/Seminar, USC, Invited, Los Angeles, 2009-2010
• Analysis of non‐stationary panel data , 5th Nordic Econometric Meeting, 29‐31 October 2009, Lund, SwedenKeynote Lecture, Nordic Econometric Society, Invited, Lund, Sweden, 2009-2010
• Econometric Analysis of High Dimensional VARs Featuring a Dominant Unit , Cross-sectional dependenceLecture/Seminar, Institute of Fiscal Studies, Invited, London, 16 October 2009, 2009-2010
• Forecast Combination across Estimation Windows , 2nd Workshop on Portfolio OptimizationLecture/Seminar, Imperial College Business School, Invited, london, 2009-2010
• Modelling Volatilities and Conditional Correlations in Futures Markets , Lunchtime seminar in ‘Understanding Risk’ seriesTalk/Oral Presentation, Judge Business School, Cambridge, Invited, Cambridge, UK, 2009-2010
• Optimality and Diversifiability of Mean Variance and Arbitrage Pricing Portfolios , World Econometric Congress Lecture/Seminar, Econometric Society, Shanghai, China, 2009-2010
• Supply, demand and monetary policy shocks in a Global New Keynesian , International linkages and the Macroeconomy:Lecture/Seminar, European Central Bank, Invited, Franfurt, Germany, 2009-2010
• Supply, Demand and Monetary Policy Shocks in a Multi-Country , Sixth annual Cambridge-Princeton ExchangeLecture/Seminar, Cambridge Finance, Invited, Cambridge Judge Business School, 2009-2010
• Supply, Demand and Monetary Policy Shocks in a Multi-Country New Keynesian Model , Conference to Honour Professor Adrian PaganKeynote Lecture, ANU and NSW , Invited, Sydney, Australia, 2009-2010
• Supply, Demand and Monetary Policy Shocks in a Multi-Country New Keynesian Model , MMF 2010 Conference, 29 August – 5 SeptemberKeynote Lecture, Money Macro and Finance Group, UK, Invited, Cyprus, 2009-2010
• The Iranian Economy in the Twentieth Century Talk/Oral Presentation, Academy of Persian Physicians, Southern California, Invited, Los Angeles, 2009-2010
• The role of econometric evidence in finance – the scope and limits of econometrics , Conference of Professors of Accounting and FinanceKeynote Lecture, Association of Professors of Accounting and Financ, Invited, Manchester Conference Centre, University of Manchester, 2009-2010
• The Spatial and Temporal Diffusion of House Prices in the UK Lecture/Seminar, Cambridge Finance Seminars, Invited, Cambridge, UK, 2009-2010
• Weak and Strong Cross Section Dependence and Estimation of Large Panels , Econometrics of InteractionsLecture/Seminar, Colloque CIRANO-CIREQ, Montreal, Canada, Invited, Montreal, Canada, 2009-2010
• Weak and Strong Cross Section Dependence and Estimation of Large Panels , SIRE ECONOMETRICS WORKSHOPLecture/Seminar, www.sire.ac.uk, Invited, Edinburgh, Scotland, 2009-2010
• Spatial and Temporal Diffusion of House Prices in the UK , 16th International Conference on Panel DataLecture/Seminar, Amsterdam School of Economics, Invited, Amsterdam, The Netherlands, 07/02/2010 – 07/03/2010
• Cross Section Dependence in Panels , Royal Economic Society ConferenceTalk/Oral Presentation, Royal Economic Society, Invited, University of Guildford, 2008-2009
• Diagnostic Tests of Cross Section Independence for Nonlinear Panel Data Models , 15th International Conference on Panel DataTalk/Oral Presentation, University of Bonn, Invited, Bonn, Germany, 2008-2009
• Diagnostic Tests of Cross Section Independence for Nonlinear Panel Data Models , New York Econometrics IVTalk/Oral Presentation, Invited, New York, 2008-2009
• Forecasting Random Walks under Drift Instability , CIMF Workshop Forecasting under Model InstabilityTalk/Oral Presentation, CIMF, Invited, Trinity College, Cambridge, 2008-2009
• Forecasting Random Walks under Drift Instability , 4th Cambridge-Princeton ConferenceTalk/Oral Presentation, Cambridge Finance, Invited, Cambridge, 2008-2009
• Identification of new Keynesian Phillips Curves from a Global Perspective , Macroeconomics/Econometrics ConferenceTalk/Oral Presentation, University of Birmingham, Invited, Birmingham, UK, 2008-2009
• Infinite Dimensional VARs and Factor Models , International Conference on Factor Structures for Panel & Multivariate Time Series Date, MaastrichtKeynote Lecture, Maastricht University, Invited, Maastricht, 2008-2009
• Iran’s Macroeconomic Performance in the Global Context , Conference on Iran’s EconomyKeynote Lecture, University of Illinois at Urbana-Champaign, Invited, Urbana-Champaign, Illinois , 2008-2009
• Model Uncertainty and Risk Management Involving Market and Loan Portfolis , Pan European ConferenceTalk/Oral Presentation, Invited, University of Cambridge, 2008-2009
• Oil and the Iranian Economy , Conference on Iran and the International Relations of OilTalk/Oral Presentation, Invited, University of Cambridge, 2008-2009
• Optimal Asset Allocation with Factor Models for Large Portfolios , Workshop on Advances in Portfolio OptimizationTalk/Oral Presentation, Invited, Imperial College Business School, 2008-2009
• Supply Demand and Monetary Policy Shocks in a Global New Keynesian Model , Conference in honour of Professor Adrian PaganTalk/Oral Presentation, Invited, Sydney, 2008-2009
• Surviving the Financial Crisis , Iranian Academics SymposiumTalk/Oral Presentation, Invited, London, 2008-2009
• Surviving the Financial Crisis , The Crash: Real and Unreal MondyTalk/Oral Presentation, Invited, CRASSH, Cambridge, 2008-2009
• The States’ Oil Dependence-A Political Challenge , Negotiating with Iran ConferenceTalk/Oral Presentation, Invited, St Anthony’s College, Oxford, 2008-2009
• Transmission of Financial and Real Shocks in the Global Economy Using the GVAR , University of Cambridge 4CMR Conference The Big Crunch and the Big BangTalk/Oral Presentation, Invited, University of Cambridge, 2008-2009
• Weak and Strong Cross Section Dependence and Estimation of Large Panels , Econometric Society of Australia meetingLecture/Seminar, Australian National University, Invited, Canberra. Australian , 2008-2009
• “Cross Section Dependence in Large Panels”. , Invited Speaker at the Joint German Statistical Meeting, Statistics Under One UmbrellaTalk/Oral Presentation, German Statistical Society, Invited, Bielefeld, Germany, 2006-2007
• Firm Heterogeneity and Credit Risk Diversification , Keynote Speaker at C.R.E.D.I.T 2006 Conference on Risks in Small Business Lending, Talk/Oral Presentation, Invited, Venice, Italy, 2006-2007
• Forecasting in the presence model and observation window uncertainty , Invited Keynote Speaker at the 27th International Forecasting Symposium, New York, June 2007.Talk/Oral Presentation, Internation Forecasting Institute, Invited, New York, USA, 2006-2007
• Forecasting using GVAR , Keynote Speaker at the New Developments in Dynamic Factor Modelling WorkshopTalk/Oral Presentation, Bank of England, Bank of England, London, 2006-2007
• Forecasting with Global VARs , Invited Speaker at the FEMES 2007 (Far Eastern Meeting of the Econometric Society),Talk/Oral Presentation, Econometric Society, Invited, Taipei, Taiwan, July 2007., 2006-2007
• Infinite DimensionalVARs and Factor Models , Keynote Speaker at the Large Datasets and Dynamic Factor Models WorkshopTalk/Oral Presentation, Queen Mary, University of London, Invited, London, England, 2006-2007
• Iranian Economy in a Global Context over the past 100 years , Invited Speaker at the Iran and Iranian Studies in the Twentieth Century Conference, Talk/Oral Presentation, University of Toronto and Iranian Studies Society, Invited, Toronto, Canada, 2006-2007
• Weak and Strong Cross Section Dependence , International Conference on Panel Data Econometrics,Talk/Oral Presentation, Xiamen University, China, Invited, Xiamen, China, 2006-2007

Other Presentations

• Social Distancing, Vaccination and Evolution of COVID-19 Transmission Rates in Europe, External Seminar , Online event, 2022-2023
• Variable Selection and Forecasting in High Dimensional Linear Regressions with Parameter Instability, Econometrics Seminar, Cambridge, UK, 2022-2023
• Variable Selection and Forecasting in High Dimensional Linear Regressions with Parameter Instability, Montreal Econometrics Seminar , Online event, 2022-2023
• A Bias-Corrected CD Test for Error Cross-Sectional Dependence in Panel Data Models with Latent Factors, Seminar, Rome, Italy, 2022-2023
• Forecasting with panel data: Estimation uncertainty versus parameter heterogeneity, Seminar, Rome, Italy, 2022-2023
• Variable Selection and Forecasting in High Dimensional Linear Regressions with Parameter Instability, Seminar, Rome, Italy, 2022-2023
• Tale of a Success with Hashem Pesaran, Webinar , Online event, 2021-2022
• Take Questions Seriously: All Learning and Scientific Discoveries Begin with Questions, Mentoring Talk , Online event, 2021-2022
• Sanctions and the Iranian Economy: Measurement and Evidence, Inaugural webinar , Online event, 2020-2021
• COVID-19 Time-varying Reproduction Numbers Worldwide: An Empirical Analysis of Mandatory and Voluntary Social Distancing, Seminar, Online Event, 2020-2021
• COVID-19 Time-varying Reproduction Numbers Worldwide: An Empirical Analysis of Mandatory and Voluntary Social Distancing, Seminar, Online Event, 2020-2021
• A Counterfactual Economic Analysis of Covid-19 Using a Threshold Augmented Multi-Country Model, CAMA Seminar, Online event, 2020-2021
• A Counterfactual Economic Analysis of Covid-19 Using a Threshold Augmented Multi-Country Model, Inaugural talk for Ralph Marotta Seminar Series on Financial Research, Online event, 2020-2021
• Estimation and Inference for Spatial Models with Heterogeneous Coefficients: An Application to U.S. House Prices, IMF Seminar Big Data Analytics: A New Perspective Demand, Online event, 2020-2021
• Detection of Units with Pervasive Effects in Large Panel Data Models, Seminar, Milan, Italy, 2018-2019
• Detection of Units with Pervasive Effects in Large Panel Data Models, Seminar, Budapest, 2018-2019
• Detection of Units with Pervasive Effects in Large Panel Data Models, Seminar, Davis, CA, 2018-2019
• Detection of Dominant Units in Networks, Seminar, Atlanta, GA, 2018-2019
• US Sanctions, Unfulfilled Expectations and New Challenges Facing the Iranian Economy, UCLA Bilingual Lecture series , , 2018-2019
• Forecasting in linear high dimensional models subject to structural breaks, Seminar, Frankfurt, Germany, 2017-2018
• Uncertainty and Economic Activity: A Multi-Country Perspective, Seminar, Frankfurt, Germany, 2017-2018
• Uncertainty and Economic Activity: A Multi-Country Perspective, Seminar, London, UK, 2017-2018
• A One Covariate at a Time, Multiple Testing Approach to Variable selection in High-Dimensional Linear Regression Models, Distinguished Visitor’s Seminar, Boston, MA, 2017-2018
• Topics in Panel Data Models with Weak and Strong Cross Sectional Dependence, Distinguished Visitor’s Lectures , , 2017-2018
• Land Use Regulations, Migration and Rising House Price Dispersion in the U.S., Econometrics Seminar, , 2017-2018
• Topics in Panel Data Models with Weak and Strong Cross Sectional Dependence, Econometrics Seminar, Riverside, CA, 2017-2018
• A One Covariate at a Time, Multiple Testing Approach to Variable Selection in High-Dimensional Linear Regression Models, Econometrics Seminar, Irvine, CA, 2017-2018
• Double-question Survey Measures for the Analysis of Financial Bubbles and Crashes, Seminar, Oslo, Norway, 2016-2017
• Econometric Analysis of Production Networks with Dominant Units, Seminar, Oslo, Norway, 2016-2017
• Econometric Analysis of Production Networks with Dominant Units, Workshop, Vienna, Austria, 2016-2017
• Double-question Survey Measures for the Analysis of Financial Bubbles and Crashes, Seminar, London, UK, 2016-2017
• Double-question Survey Measures for the Analysis of Financial Bubbles and Crashes, Seminar, UC San Diego, 2016-2017
• Testing for Alpha in Linear Factor Pricing Models with a Large Number of Securities, Data Science and Operations Seminar, University of Southern California, 2016-2017
• Double-question Survey Measures for the Analysis of Financial Bubbles and Crashes, Seminar, San Francisco, CA, 2016-2017
• Trump Presidency and the Iranian Economy , Trump Administration and Iran: Political and Economic Prospects, University of Southern California, 2016-2017
• A One-Covariate at a Time, Multiple Testing Approach to Variable Selection in Large Datasets, Seminar, Australia, 2016-2017
• Double-Question Survey Measures for the Analysis of Financial Bubbles and Crashes, Tasmanian School of Business and Economics Research Seminar, Australia, 2016-2017
• A One-Covariate at a Time, Multiple Testing Approach to Variable Selection in Large Datasets, Statistics Department Seminar Series, , 2016-2017
• A One-Covariate at a Time, Multiple Testing Approach to Variable Selection in Large Datasets, Econometrics Seminar, , 2016-2017
• Econometric Analysis of Production and Price Networks, Seminar, London, UK, 2015-2016
• Oil Booms and Busts and the Global Economy, Seminar, Czech Republic , 2015-2016
• Double-Question Survey Measures for the Analysis of Financial Bubbles and Crashes, Seminar, Kingston, Ontario, Canada, 2015-2016
• Country-Specific Oil Supply Shocks and the Global Economy: A Counterfactual Analysis, Seminar, , 2015-2016
• Iran’s Post-Sanctions Economic Challenges & Opportunities, Lecture, University of Southern California, 2015-2016
• Global VARs and the International Spillover of Shocks, Seminar, Washington, DC, 2015-2016
• A Two Stage Approach to Spatiotemporal Analysis with Strong and Weak Cross-Sectional Dependence, Lecture, Riverside, CA, 2013-2014
• Challenges and Options for Iran’s Economy–Possible Scenarios, Lecture, Georgetown University, 2013-2014
• Cross Section Dependence in Panel Data Models, Lecture, , 2013-2014
• Debt, Inflation and Growth: A Robust Estimation of Long-Run Effects in Dynamic Panel Data Models, Lecture, Washington, DC, 2013-2014
• Debt, Inflation and Growth:Robust Estimation of Long-Run Effects in Dynamic Panel Data Models, Lecture, Prague, Czech Republic, 2013-2014
• Global Economic Interdependencies, Lecture, Iran, 2013-2014
• Iran’s Economy: Challenges and Opportunities, Lecture, Cambridge, UK, 2013-2014
• Iran’s Economy: Challenges and Opportunities, Lecture, , 2013-2014
• Opportunities and Challenges in the Analysis of Large Data Sets, Lecture, Cambridge, UK, 2013-2014
• Tests of Policy Ineffectiveness in Macroeconometrics, Lecture, Canada, 2013-2014
• Tests of Policy Ineffectiveness in Macroeconometrics, Forum, Barcelona, Spain, 2013-2014
• A Multi-Country Approach to Forecasting Output Growth using PMIs, Workshop, Frankfurt, Germany, 2013-2014
• Taking Stock: How to Make Wall Street Work for You, Presentation at Morgan Stanley, New York City, 2012-2013
• Econometric Analysis of High Dimensional VARs Featuring a Dominant Unit, Seminar, Barcelona, Spain, 2010-2011
• Supply, Demand and Monetary Policy Shocks in Multi-country New Keynesian Model, Seminar, London, UK, 2010-2011
• Limits to Rational Expectations and Market Efficiency, Seminar, Rome, 2009-2010
• Supply Demand and Monetary Policy Shocks in a Multi-Country New Keynesian Model, Seminar, Rome, 2009-2010
• Aggregation in Large Dynamic Panels, Presented the 4th Annual Granger Lecture, Nottingham, UK, 2009-2010
• Cross Section Dependence in Panel Data Models, Distinguished Speaker Seminar, Aarhus, Denmark, 2009-2010
• Econometric Analysis of High Dimensional VARs Featuring a Dominant Unit, Seminar, Bloomington, Indiana, 2009-2010
• Econometric Analysis of High Dimensional VARs Featuring a Dominant Unit , Seminar, Atlanta, 2009-2010
• Forecast Combination across Estimation Windows, Seminar, Toulouse, France, 2009-2010
• Forecast Combinations Across Estimation Windows, Seminar, Stanford, CA, 2009-2010
• Forecast Combinations Across Estimation Windows, Seminar, Nashville, 2009-2010
• Infinite Dimensional VARs and factor Models, Seminar , Riverside, 2009-2010
• Optimality and Diversiability of Mean Variance and Arbitrage Pricing Portfolios, Seminar, Chicago , 2009-2010
• Optimality and Diversiability of Mean Variance and Arbitrage Pricing Portfolios, Seminar, Berkeley, CA, 2009-2010
• Predictability of Asset Returns and the Efficient Market Hypothesis , Seminar, Beijing, China, 2009-2010
• The Spatial and Temporal Diffusion of House Prices in the UK , Seminar, Beijing, China, 2009-2010
• The Spatial and Temporal Diffusion of House Prices in the UK , Seminar, Shanghai, China, 2009-2010
• (a)Large Panels with spatial correlation and common factors; and Panel with non-stationary multifactor error structures, (b) Infinite-dimensional VARs and factor models, (c) Identification of new Keynesian Phillips Curves from a global perspective, Seminars, Vienna, 2008-2009
• Surviving the Financial Crisis, Cambridge Education without Borders Financial Crisis Conference, , 2008-2009
• Testing Dependence Among Serially Correlated Multi-category Variables, Seminar, Tokyo, 2008-2009
• Testing Dependence Among Serially Correlated Multi-category Variables, Seminar, Spain, 2008-2009
• Variable Selection and Inference for Multi-period Forecasting Problems, 4th London and Oxbridge Time Series Workshop (STICERDR505), LSE, 2008-2009
• Weak and Strong Cross Sectional Dependence and Estimation of Large Panels, Seminar, Florence, 2008-2009
• Estimation and Identification of Phillips Curve from a Global Perspectives, Invited Speaker Seminar Programme,, Frankfurt, 2006-2007
• Exploring Growth in the Middle East, Seminar presentation, Oxford, England, 2006-2007
• Firm Heterogeniety and Credit Risk, Research Seminar,, Vienna, 2006-2007
• Firm Heterogeniety and Credit Risk, Research Seminar Presentation, Basel, Switzerland, 2006-2007
• Forecasting using GVAR, Seminar presentation, Washington, DC, 2006-2007
• Global Macroeconometric Modeling, Seminar presentation, New York, USA, 2006-2007
• Global Macroeconometric Modelling, Seminar presentation, Glasgow, Scotland, 2006-2007
• Lumpy price adjustments, Seminar presentation, Paris, France, 2006-2007
• Predicting under structural breaks, Seminar Presentation, New York, USA, 2006-2007
• Testing dependence in multicategorical Data, Departmental Seminar, Southampton, England, 2006-2007
• Testing for unit root in panels, Seminar presentation, London, England, 2006-2007

Book

• Pesaran, M. H. (2015). Time Series and Panel Data Econometrics. Oxford: Oxford University Press.
• Pesaran, M. H., di Mauro, F. (2013). The GVAR Handbook: Structure and Applications of a Macro Model of the Global Economy for Policy Analysis. Oxford University Press.
• Pesaran, M. H., Barker, T. (2011). Disaggregation in Econometric Modelling. Routledge, Reprinted in Routledge Revivals Series.
• Nugent, J. B., Pesaran, H. H. (2007). Explaining Growth in the Middle East. Elsevier.
• Pesaran, H. H., Garratt, T., Lee, K., Shin, Y. (2006). Global and National Macroeconometric Modelling: A Long Run Structural Approach. (not defined, Ed.). Oxford University Press.
• Pesaran, M. H., Hsiao, C., Lahiri, K., Lee, L. (1999). Analysis of Panels and Limited Dependent Variables: A Volume in Honour of G S Maddala. Cambridge: Cambridge University Press.
• Pesaran, M. H., Smith, R., Akiyama, T. (1998). Energy Demand in Asian Developing Economies. Oxford: Oxford University Press.
• Pesaran, M. H., Schmidt, P. (1997). Handbook of Applied Econometrics: Microeconomics. Oxford: Basil Blackwell.
• Pesaran, M. H., Wickens, M. (1995). Handbook of Applied Econometrics: Macroeconomics. Oxford.
• Pesaran, M. H., Potter, S. (1993). Non-Linear Dynamics, Chaos and Econometrics. Chichester: John Wiley Publishing Company.
• Pesaran, M. H., Pesaran, B. (1987). Data-FIT: An Interactive Software Econometric Package. Oxford: Oxford University Press.
• Pesaran, M. H. (1987). The Limits to Rational Expectations. Oxford: Basil Blackwell.
• Pesaran, M. H., Lawson, T. (1985). Keynes’ Economics: Methodological Issues. Croom Helm.
• Pesaran, M. H., Slater, L. (1980). Dynamic Regression: Theory and Algorithms. Ellis Horwood Publishing.
• Pesaran, M. H. (1974). World Economic Prospects and the Iranian Economy – a short term view. Tehran: Institute for International Political and Economic Studies.

Book Chapters

• Pesaran, M. H., Chudik, A., Mohaddes, K. (2020). Identifying Global and National Output and Fiscal Policy Shocks Using a GVAR. (Vol. 41) pp. 143-189. Advances in Econometrics, Essays in Honor of Cheng Hsiao.
• Pesaran, M. H., Chudik, A. (2014). Large Panel Data Models with Cross-Sectional Dependence: A Survey. The Oxford Handbook on Panel Data pp. Ch.1. Oxford University Press. Book link
• Mohaddes, K., Pesaran, M. H. (2013). One Hundred Years of Oil Income and the Iranian Economy: A Curse or a Blessing?. Iran and the Global Economy: Petro Populism, Islam pp. pp.12-45. Routledge.
• Pesaran, M. H. (2010). Predictability of Asset Returns and the Efficient Market Hypothesis. Taylor & Francis.
• Breitung, J., Pesaran, H. H. (2008). Unit Roots and Cointegration in Panels. pp. 279-322. The Econometrics of Panel Data: Fundamentals and Recent Developments in Theory and Practice/Springer Publishers.
• Hsiao, C., Pesaran, H. H. (2008). Random Coefficient Models. 3rd Ed. pp. 185-213. The Econometrics of Panel Data: Fundamentals and Recent Developments in Theory and Practice.
• Pesaran, H. H., Kapetanios, G. (2007). Alternative Approaches to Estimation and Inference in Large Multifactor Panels: Small Sample Results with an Application to Modelling of Asset Returns, in Refinement of Econometric Estimation and Test Procedures. Cambridge: Cambridge University Press.
• Pesaran, H. H., Weale, M. (2006). Survey Expectations. pp. 715-776.. North Holland – Handbook of Economic Forecasting,.
• Pesaran, H. H., Schuerman, T., Treutler,, B. (2006). Global Business Cycles and Credit Risk, in The Risks of Financial Institutions,. pp. 419-473. NBER Volume, University of Chicago Press.

Encyclopedia Article

• Geweke, J., Joel Horowitz, J., Pesaran, H. H. (2008). Econometrics. (Steven N. Durlauf and Lawrence E. Blume., Ed.).609-642.. Vol. 2 Palgrave MacMillan.
• Dupleich Ulloa, R., Pesaran, H. H. (2008). Nonnested Hypotheses in the New Palgrave Dictionary. 107-114. Vol. 6 Palgrave MacMillan.
• Pesaran, M. H. (1997). The Iranian economy during the Pahlavi Era. Vol. 8 Costa Mesa, California: Encyclopaedia Iranica.

Journal Article

• Chudik, A., Pesaran, M. H., Smith, R. P. (2023). Revisiting the Great Ratios Hypothesis. Oxford Bulletin of Economics and Statistics. Click HERE for the article
• Pesaran, M. H., Gao, Z. (2023). Identification and Estimation of Categorical Random Coefficient Models. Empirical Economics, a Special Issue in Honor of Peter Schmidt. Vol. 64, pp. 2543-2588.
• Ng, R. N., Mohaddes, K., Pesaran, M. H., Raissi, M., Yang, J. C. (2023). Climate Change and Economic Activity: Evidence from U.S. States. Oxford Open Economics. Vol. 2 Click HERE for the article
• Pesaran, M. H., Smith, R. P. (2023). Arbitrage Pricing Theory, the Stochastic Discount Factor and Estimation of Risk Premia from Portfolios. Econometrics and Statistics. Vol. 26, pp. 17-30. , Click HERE for the article
• Pesaran, M. H., Im, K. S., Shin, Y. (2023). Reflections on “Testing for Unit Roots in Heterogeneous Panels”. Journal of Econometrics. Vol. 234, pp. 111-114.
• Pesaran, M. H., Yamagata, T. (2023). Testing for Alpha in Linear Factor Pricing Models with a Large Number of Securities. Journal of Financial Econometrics. pp. 1-54.
• Pesaran, M. H., Hayakawa, K., Smith, V. (2023). ShortT Dynamic Panel Data Models with Individual, Time and Interactive Effects. Journal of Applied Econometrics.
• Pesaran, M. H., Chudik, A., Rebucci, A. (2023). Social Distancing, Vaccination and Evolution of COVID-19 Transmission Rates in Europe. IMF Economic Review. Vol. 71, pp. 474-508. Click HERE for the article
• Pesaran, M. H., Laudati, D. (2022). Identifying the Effects of Sanctions on the Iranian Economy using Newspaper Coverage. Journal of Applied Econometrics. (Forthcoming)
• Pesaran, M. H., Cun, W. (2022). A Spatiotemporal Equilibrium Model of Migration and Housing Interlinkages. Journal of Housing Economics. Vol. 57 Click HERE for the article
• Ahmed, R., Pesaran, M. H. (2022). Regional Heterogeneity and U.S. Presidential Elections:Real-Time 2020 Forecasts and Evaluation. International Journal of Forecasting. Vol. 38 (2), pp. 662-687. Click HERE for the article
• Pesaran, M. H., Kahn, M. E., Mohaddes, K., Ng, R. N., Raissi, M., Yang, J. (2021). Long-Term Macroeconomic Effects of Climate Change: A Cross-country Analysis. Energy Economics. Vol. 104 , Click HERE for the article
• Pesaran, M. H., Chudik, A., Mohaddes, K., Raissi, M., Rebucci, A. (2021). A Counterfactual Economic Analysis of COVID-19 Using a Threshold Augmented Multi-Country Model. Journal of International Money and Finance. Vol. 119, Click HERE for the article
• Chudik, A., Pesaran, M. H. (2021). An Augmented Anderson-Hsiao Estimator for Dynamic Short-T Panels. Econometric Reviews. Click HERE for the article
• Pesaran, M. H., Yang, C. F. (2021). Matching Theory and Evidence on Covid-19 Using a Stochastic Network SIR Model. Journal of Applied Econometrics. , Click HERE for the article
• Pesaran, M. H., Bailey, N., Kapetanios, G. (2021). Measurement of Factor Strength: Theory and Practice. Journal of Applied Econometrics. Vol. 36 (5), pp. 587-613. Click HERE for the article
• Pesaran, M. H., Yang, C. F. (2021). Estimation and Inference in Spatial Models with Dominant Units. Journal of Econometrics. Vol. 221 (2), pp. 591-615.
• Kapetanios, G., Pesaran, M. H., Reese, S. (2021). Detection of Units with Pervasive Effects in Large Panel Data Models. Journal of Econometrics. Vol. 221 (2), pp. 510-541. Click HERE for the article
• Aquaro, M., Bailey, N., Pesaran, M. H. (2021). Estimation and Inference for Spatial Models with Heterogeneous Coefficients: An Application to U.S. House Prices. Journal of Applied Econometrics. Vol. 36 (1), pp. 18-44.
• Pesaran, M. H., Fan Yang, C. (2020). Econometric Analysis of Production Networks with Dominant Units. Journal of Econometrics. Vol. 219 (2), pp. 507-541.
• Pesaran, M. H. (2020). General diagnostic tests for cross-sectional dependence in panels. Empirical Economics.
• Pesaran, M. H., Harding, M., Lamarche, C. (2020). Common Correlated Effects Estimation of Heterogeneous Dynamic Panel Quantile Regression Modes”. Journal of Applied Econometrics. Vol. 35 (3), pp. 294-314.
• Cesa-Bianchi, A., Pesaran, M. H., Rebucci, A. (2019). Uncertainty and Economic Activity: A Multi-Country Perspective. Review of Financial Studies.
• Pesaran, M. H., Smith, R. P. (2019). A Bayesian Analysis of Linear Regression Models with Highly Collinear Regressors. Econometrics and Statistics. Vol. 11, pp. 1-21.
• Pesaran, M. H., Bailey, N., Kapetanios, G. (2019). Exponent of Cross-sectional Dependence for Residuals. Sankhya B. The Indian Journal of Statistics. Vol. 81-B, pp. S46-S102.
• Bailey, N., Pesaran, M. H., Smith, L. V. (2019). A Multiple Testing Approach to the Regularisation of Large Sample Correlation Matrices. Journal of Econometrics. Vol. 208 (2), pp. 507-534. Revised Nov 2015
• Pesaran, M. H., Chudik, A. (2019). Mean Group Estimation in Presence of Weakly Cross-Correlated Estimators. Economic Letters. Vol. 175, pp. 101-105.
• Pesaran, M. H., Johnsson, I. (2018). Double-Question Survey Measures for the Analysis of Financial Bubbles and Crashes. Journal of Business and Economic Statistics.
• Pesaran, M. H., Alexander, C., Jui-Chung, Y. (2018). Half-Panel Jackknife Fixed Effects Estimation of Panels with Weakly Exogenous Regressors. Journal of Applied Econometrics. Vol. 33 (6), pp. 816-836.
• Pesaran, M. H., Chudik, A., Kapetanios, G. (2018). A One-Covariate at a Time, Multiple Testing Approach to Variable Selection in High Dimentional Linear Regression Models. Econometrica. Vol. 86 (4), pp. 1479-1512.
• Pesaran, M. H., Smith, R. (2018). Tests of Policy Interventions in DSGE Models. Oxford Bulletin of Economics and Statistics. Vol. 80 (3), pp. 457-484.
• Pesaran, M. H., Zhou, Q. (2018). To Pool or not to Pool: Revisited. Oxford Bulletin of Economics and Statistics. Vol. 80 (2), pp. 185-217.
• Pesaran, M. H., Zhou, Q. (2018). Estimation of Time-invariant Effects in Static Panel Data Model. Econometrics Reviews. Vol. 37 (10), pp. 1137-1171.
• Pesaran, M. H., Mohaddes, K. (2017). Oil Prices and the Global Economy: Is It Different This Time Around?. Energy Economics. Vol. 65, pp. 315-325.
• Pesaran, M. H., Al-Sadoon, M. M., Li, T. (2017). An Exponential Class of Dynamic Binary Choice Panel Data Models with Fixed Effects. Econometrics Reviews. Vol. 36, pp. 898-927.
• Pesaran, M. H., Chudik, A., Mohaddes, K., Raissi, M. (2017). Is there a Debt-Threshold Effect on Output Growth?. Review of Economics and Statistics. Vol. 99 (1), pp. 135-150.
• Mohaddes, K., Pesaran, M. H. (2016). Country-Specific Oil Supply Shocks and the Global Economy: A Counterfactual Analysis. Energy Economics. Vol. 59, pp. 382-399.
• Chudik, A., Grossmanz, V., Pesaran, M. H. (2016). A Multi-Country Approach to Forecasting Output Growth Using PMIs. Journal of Econometrics. Vol. 192 (2), pp. 349-365.
• Smith, R., Pesaran, M. H. (2016). Counterfactual Analysis in Macroeconometrics: An Empirical Investigation into the Effects of Quantitative Easing. Research in Economics. Vol. 70 (2), pp. 262-280.
• Pesaran, M. H., Chudik, A., Mohaddes, K., Riassi, M. (2016). Long-Run Effects in Large Heterogeneous Panel Data Models with Cross-Sectionally Correlated Errors. Advances in Econometrics, Emerald Group Publishing Limited. Vol. 36, pp. 85-135.
• Bailey, N., Holly, S., Pesaran, M. H. (2016). A Two Stage Approach to Spatiotemporal Analysis with Strong and Weak Cross-Sectional Dependence. Journal of Applied Econometrics. Vol. 31 (1), pp. 249-280.
• Chudik, A., Pesaran, M. H. (2016). Theory and Practice of GVAR Modeling. The Journal of Economic Surveys. Vol. 30 (2), pp. 165-197.
• Chudik, A., Pesaran, M. H. (2015). Common Correlated Effects Estimation of Heterogeneous Dynamic Panel Data Models with Weakly Exogenous Regressors. Journal of Econometrics. Vol. 188 (2), pp. 393-420.
• Hayakawa, K., Pesaran, M. H. (2015). Robust Standard Errors in Transformed Likelihood Estimation of Dynamic Panel Data Models with Cross Sectional Heteroskedasticity. Journal of Econometrics. Vol. 188 (1), pp. 111–134.
• Bailey, N., Kapetanios, G., Pesaran, M. H. (2015). Exponent of Cross-sectional Dependence: Estimation and Inference. Journal of Applied Econometrics.
• Pesaran, M. H. (2015). Testing Weak Cross-Sectional Dependence in Large Panels. Econometric Reivews. Vol. 34 (6-10), pp. 1089-1117.
• Pesaran, M. H., Alexander, C. (2014). Theory and Practice of GVAR Modeling. Journal of Economic Surveys.
• Pesaran, M. H., Smith, R. P. (2014). Signs of Impact Effects in Time Series Regression Models. Economic Letters. Vol. 122 (2), pp. pp 150-153.
• Pesaran, M. H., Chudik, A. (2014). Aggregation in large dynamic panels. Journal of Econometrics. Vol. 178 (2), pp. 273-285.
• Esfahani, H. S., Mohaddes, K., Pesaran, M. H. (2014). An Empirical Growth Model For Major Oil Exporters. Journal of Applied Econometrics. Vol. 29 (1), pp. 1-21.
• Pesaran, M. H., Pick, A., Pranovich, M. (2013). Optimal forecasts in the presence of structural breaks. Journal of Econometrics. Vol. 177 (2), pp. 134-152.
• Pesaran, M. H. (2013). Oil exports and the Iranian economy. The Quarterly Review of Economics and Finance. Vol. 53 (3), pp. 221-237.
• Pesaran, M. H., Smith, L. V., Yamagata, T. (2013). Panel unit root tests in the presence of a multifactor error structure. Journal of Econometrics. Vol. 175 (2), pp. 94-115.
• Chudik, A., Pesaran, M. H. (2013). Econometric Analysis of High Dimensional VARs Featuring a Dominant Unit. Econometric Reviews. Vol. 32 (5-6), pp. 592-649.
• Chudik, A., Pesaran, M. H. (2013). Econometric Analysis of High Dimensional VARs Featuring a Dominant Unit. Econometric Reviews. Vol. 32 (5-6), pp. 592-649.
• Koop, G., Pesaran, M. H., Smith, R. P. (2013). On Identification of Bayesian DSGE Models. Journal of Business & Economic Statistics. Vol. 31 (3), pp. 300-314.
• Pesaran, M. H. (2012). On the interpretation of panel unit root tests. Economics Letters. Vol. 116 (2), pp. 545-546.
• Kapetanios, G., Pesaran, M. H. (2012). Comment on ‘Fast sparse regression and classification’ by J.H. Friedman. International Journal of Forecasting. Vol. 28 (3), pp. 739-740.
• Hsiao, C., Pesaran, M. H., Pick, A. (2012). Diagnostic Tests of Cross-section Independence for Limited Dependent Variable Panel Data Models. Oxford Bulletin of Economics and Statistics. Vol. 74 (2), pp. 253-277.
• Cesa-Bianchi, A., Pesaran, M. H., Rebucci, A., Xu, T. (2012). China’s Emergence in the World Economy and Business Cycles in Latin America. Economia. Vol. 12 (2), pp. 1-75. Economia
• Pesaran, M. H., Pick, A., Timmermann, A. (2011). Variable Selection, estimation and inference for multi-period forecasting problems. Journal of Econometrics. Vol. 164 (1), pp. 173-187.
• Pesaran, M. H., Pick, A., Timmermann, A. (2011). Variable Selection, estimation and inference for multi-period forecasting problems. Journal of Econometrics. Vol. 164, pp. 173–187.
• Holly, S., Pesaran, M. H., Yamagata, T. (2011). The Spatial and Temporal Diffusion of House Prices in the UK. Journal of Urban Economics. Vol. 69 (1), pp. 2–23.
• Pesaran, M. H., Holly, S., Yamagata, T. (2011). The Spatial and Temporal Diffusion of House Prices in the UK. Journal of Urban Economics. Vol. 69, pp. 2-23.
• Pesaran, M. H., Chudik, A., Tosetti, A. (2011). Weak and Strong Cross Section Dependence and Estimation of Large Panels. The Econometrics Journal. Vol. 14, pp. C45-C90.
• Pesaran, M. H., Chudik, A. (2011). Infinite Dimensional VARs and Factor Models. Journal of Econometrics. Vol. 163, pp. 4-22.
• Pesaran, M. H., Tosetti, E. (2011). Large Panels with Common Factors and Spatial Correlations. Journal of Econometrics. Vol. 161, pp. 182-202.
• Pesaran, M. H., Kapetanios, G., Yamagata, T. (2011). Panels with Nonstationary Multifactor Error Structures. Journal of Econometrics. Vol. 160 (2), pp. 326-348.
• Dhyne, E., Fuss, C., Pesaran, M. H., Sevestre, P. (2011). Lumpy Price Adjustments: A Microeconometric Analysis. Journal of Business Economics and Statistics. Vol. 29 (4), pp. 529-540.
• Pesaran, M. H., Pick, A. (2011). Forecast Combination Across Estimation Windows. Journal of Business & Economic Statistics. Vol. 29 (2), pp. 307-318.
• Pesaran, M. H., Smith, R. P. (2011). Beyond the DSGE Straitjacket. The Manchester School. Vol. 79 (s2), pp. 5-16.
• Pesaran, B., Pesaran, M. H. (2010). Conditional Volatility and Correlations of Weekly Returns and the VaR Analysis of 2008 Stock Market Crash. Economic Modelling. Vol. 27 (6), pp. 1398–1416.
• Holly, S., Pesaran, M. H., Yamagata, T. (2010). A Spatio-temporal Model of House Prices in the US. Journal of Econometrics. Vol. 158 (1), pp. 160–173.
• Pesaran, H. H., Holly, S., Yamagata, T. (2010). A Spatio-Temporal Model of House Prices in the US. Journal of Econometrics. Vol. 158, pp. 160-173.
• Pesaran, M. H., Schuermann, T., Smith, L. V. (2009). Forecasting Economic and Financial Variables with Global VARs. International Journal of Forecasting. Vol. 25 (4), pp. 642–675.
• Dees, S., Pesaran, M. H., Smith, L. V., Smith, R. P. (2009). Identification of new Keynesian Phillips curves from a global perspective. Journal of Money, Credit and Banking. Vol. 41 (7), pp. 1481–1502.
• Pesaran, M. H., Schleicher, C., Zaffaroni, P. (2009). Model Averaging in Risk Management with an Application to Futures Markets. Journal of Empirical Finance. Vol. 16 (2), pp. 280–305.
• Pesaran, M. H. (2009). The Iranian Foreign Exchange Policy And The Black Market for Dollars. International Journal of Middle Eastern Studies. Vol. 24, pp. 101-125.
• Pesaran, H. H., Smith, R. P., Hvozdyk, L., Yamagata, T. (2009). Pairwise Tests of Purchasing Power Parity. Econometric reviews. Vol. 28, pp. 495-521.
• Pesaran, H. H., Schleicher, C., Zaffaroni, P. (2009). Model Averaging in Risk Management with an Application to Futures Markets. Journal of Empirical Finance. Vol. 16 (2), pp. 280-305.
• Pesaran, H. H., Timmermann, A. (2009). Testing Dependence Among Serially Correlated Multi-Category Variables. Journal of The American Statistical Association. Vol. 104 (485), pp. 325-337.
• Pesaran, H. H., Esfahani, H. S. (2009). Iranian Economy in the Twentieth Century: A Global Perspective. Iranian Studies. Vol. 42 (2), pp. 177-211.
• Pesaran, H. H., Smith, R. P., Yamagata, T., Hvozdyk, L. (2009). Pairwise Tests of Purchasing Power Parity. Econometric Reviews. Vol. 28, pp. 495-521.
• Pesaran, H. H., Dees, S., Smith, L. V., Smith, R. P. (2009). Identification of New Keynesian Phillips Curves from a Global Perspective. Journal of Money, Credit and Banking. Vol. 41 (7), pp. 1481-1502.
• Assenmacher-Wesche,, K., Pesaran, M. H. (2009). A VECX* Model of the Swiss Economy. Economic Studies, Swiss National Bank. (6)
• Pesaran, M. H., Schuermann, T., Smith, V. (2009). Forecasting Economic and Financial Variables with Global VARs. International Journal of Forecasting,. Vol. 25, pp. 642-675.
• Pesaran, M. H., Smith, R. P., Yamagata, T., Hvozdyk, L. (2009). Pairwise Tests of Purchasing Power Parity. Econometric Reviews. Vol. 28 (6), pp. 495-521.
• Pagan, A. R., Pesaran, M. H. (2008). Econometric Analysis of Structural Systems with Permanent and Transitory Shocks. Journal of Economic Dynamics and Control. Vol. 32 (10), pp. 3376–3395.
• Hanson, S. G., Pesaran, M. H., Schuermann, T. (2008). Firm heterogeneity and credit risk diversification. Journal of Empirical Finance. Vol. 15 (4), pp. 583–612.
• Pesaran, M. H., Ullah, A., Yamagata, T. (2008). A Bias-Adjusted LM Test of Error Cross Section Independence. The Econometrics Journal. Vol. 11 (1), pp. 105–127.
• Pesaran, M. H., Yamagata, T. (2008). Testing Slope Homogeneity in Large Panels. Journal of Econometrics. Vol. 142 (1), pp. 50–93.
• Pesaran, H. H., Yamagata, T. (2008). Testing Slope Homogeneity in Large Panels. Journal of Econometrics. Vol. 142, pp. 50-93.
• Pesaran, H. H., Yagamata, T., Ulla, A. (2008). A Bias-Adjusted LM Test of Error Cross Section Independence. Econometrics Journal. Vol. 11, pp. 105-127.
• Pagan, A., Pesaran, H. H. (2008). Econometric Analysis of Structural Systems with Permanent and Transitory Shocks. Journal of Economic Dynamics and Control. Vol. 32 (10), pp. 3376-3395.
• Assenmacher-Wesche, K., Pesaran, M. H. (2008). Forecasting the Swiss Economy Using VECX* Models: An Exercise in Forecast Combination Across Models and Observation Windows. National Institute Economic Review. Vol. 203, pp. 91-108.
• Pesaran, H. H., Hanson, S. G., Schuermann, T. (2008). Firm Heterogeneity and Credit Risk Diversification. Journal of Empirical Finance. Vol. 15 (4), pp. 583-612.
• Pesaran, H. H., Pagan, A. (2008). Econometric Analysis of Structural Systems with Permanent and Transitory Shocks. Journal of Economic Dynamics and Control. Vol. 32 (10), pp. 3376-3395.
• Pesaran, H. H., Yamagata, T. (2008). Testing Slope Homogeneity in Large Panels. Journal of Econometrics. Vol. 142, pp. 50-93.
• Pesaran, H. H., Ullah, A., Yamagata, T. (2008). A Bias-Adjusted LM Test of Error Cross Section Independence. Journal of Econometrics. Vol. 142, pp. 50-93.
• Pesaran, M. H. (2008). Forecasting the Swiss Economy Using VECX* Models: An Exercise in Forecast Combination Across Models and Observation Windows. National Institute Economic Review. Vol. 203, pp. 91-108.
• Pesaran, M. H. (2007). A Pair-Wise Approach to Testing for Output and Growth Convergence. Journal of Econometrics. Vol. 138 (1), pp. 312–355.
• Pesaran, M. H., Pick, A. (2007). Econometric Issues in the Analysis of Contagion. Journal of Economic Dynamics and Control. Vol. 31 (4), pp. 1245-1277.
• Dees, S., Di Mauro, F., Pesaran, M. H., Smith, L. V. (2007). Exploring the International Linkages of the Euro Area: a Global VAR Analysis. Journal of Applied Econometrics. Vol. 22 (1), pp. 1-38.
• Pesaran, M. H. (2007). A simple panel unit root test in the presence of cross-section dependence. Journal of Applied Econometrics. Vol. 22 (2), pp. 265–312.
• Dees, S., Holly, S., Pesaran, M. H., Smith, L. V. (2007). Long Run Macroeconomic Relations in the Global Economy. Economics-Open Access. pp. 1—58.
• Pesaran, M. H., Smith, L. V., Smith, R. P. (2007). What if the UK or Sweden had joined the euro in 1999? An empirical evaluation using a Global VAR. International Journal of Finance & Economics. Vol. 12 (1), pp. 55–87.
• Pesaran, H. H. (2007). What if the UK or Sweden had joined the Euro In 1999? An Empirical Evaluation Using A Global VAR. International Journal of Finance and Economics. Vol. 12 (1), pp. 55-87.
• Pesaran, H. H., Timmermann, A. (2007). Selection of Estimation Window in the Presence of Breaks. Journal of Econometrics. Vol. 137, pp. 134-161.
• Pesaran, H. H., Pick, A. (2007). Econometric Issues in the Analysis of Contagion. Journal of Economic Dynamics and Control. Vol. 31 (4), pp. 1245-1277.
• Pesaran, H. H. (2007). A Pair-Wise Approach to Testing for Output and Growth Convergence. Journal of Econometrics. Vol. 138, pp. 312-355.
• Pesaran, H. H., Dees, S., Di Mauro, F., Smith, V. (2007). Exploring the International Linkages of the Euro Area: a Global VAR Analysis. Journal of Applied Econometrics. Vol. 22 (1), pp. 1-38.
• Pesaran, H. H., Pettenuzzo, D., Timmermann, A. (2007). Learning, Structural Instability and Present Value Calculations. Econometric Reviews. Vol. 26, pp. 253-288.
• Pesaran, H. H. (2007). A Simple Panel Unit Root Test in the Presence of Cross-Section Dependence. Journal of Applied Econometrics. Vol. 22 (2), pp. 265-312.
• Pesaran, H. H., Dees, S., Holly, S., Smith, V. (2007). Long Run Macroeconomic Relations in the Global Economy. Economics – The Open-Access, Open-Assessment E-Journal. Vol. 1 (3)
• Pesaran, M. H., Timmermann, A. (2007). Selection of Estimation Window in the Presence of Breaks. Journal of Econometrics. Vol. 137, pp. 134-161.
• Pesaran, M. H., Pettenuzzo, D., Timmermann, A. (2007). Learning, Structural Instability and Present Value Calculations. Econometric Reviews. Vol. 26, pp. 253-288.
• Pesaran, H. H., Smith, R. P. (2006). Macroeconomic Modelling with a Global Perspective. Manchester School. Vol. 74, pp. 24-49.
• Pesaran, M. H. (2006). Estimation and Inference in Large Heterogeneous Panels with Multifactor Error Structure. Econometrica. Vol. 74 (4), pp. 967-1012.
• Pesaran, H. H. (2006). Estimation and Inference in Large Heterogeneous Panels with Multifactor Error Structure. Econometrica/Blackwell. Vol. 74 (4), pp. 967-1012.
• Pesaran, H. H. (2006). Small sample properties of forecasts form autoregressive models under structural breaks. Journal of Econometrics/Elsevier. pp. p.183-217.
• Pesaran, H. H., Pettenuzzo, D., Timmermann, A. (2006). Forecasting Time Series Subject to Multiple Structural Breaks. Review of Economic Studies. Vol. 74 (4), pp. 1057-1084.
• Pesaran, H. H., Schuermann, T., Treutler, B., Weiner, S. M. (2006). Macroeconomic Dynamics and Credit Risk: A Global Perspective. Journal of Money, Credit and Banking,. Vol. 38 (5), pp. 1211-1262 .
• Pesaran, M. H., Pettenuzzo, D., Timmermann, A. (2006). Forecasting Time Series Subject to Multiple Structural Breaks. Review of Economic Studies. Vol. 73 (4), pp. 1057-1084.
• Pesaran, M. H., Schuermann, T., Treutler, B., Weiner, S. M. (2006). Macroeconomic Dynamics and Credit Risk: A Global Perspective. Journal of Money Credit and Banking. Vol. 38 (5), pp. 1211-1262.
• Binder, M., Hsiao, C., Pesaran, M. H. (2005). Estimation and Inference in Short Panel Vector Autoregressions with Unit Roots and Cointegration. Econometric Theory. Vol. 21 (4), pp. 795-837.
• Coe, P. J., Pesaran, M. H., Vahey, S. P. (2005). The Cost Effectiveness of the UK’s Sovereign Debt Portfolio. Oxford Bulletin of Economics and Statistics. Vol. 67 (4), pp. 467–495.
• Pesaran, M. H., Timmermann, A. (2005). Real Time Econometrics. Econometric Theory. Vol. 21 (1), pp. 212-231.
• Pesaran, H. H., Timmermann, A. (2005). Real Time Econometrics. Econometric Theory/Cambridge University Press. pp. p.212-231.
• Pesaran, H. H. (2005). Estimation and Interference in Short Panel Vector Autoregressions with Unit Roots and Contegration. Econometric Theory/Cambridge University Press. pp. p.795-837.
• Pesaran, H. H., Coe, P., Vahey, S. (2005). The Cost Effectiveness of the UK’s Sovereign Debt Portfolio. Oxford Bulletin of Economics and Statistics. Vol. 67, pp. 467-495.
• Pesaran, M. H., Timmermann, A. (2005). Small sample properties of forecasts from autoregressive models under structural breaks. Journal of Econometrics. Vol. 129 (1), pp. 183-217.
• Pesaran, M. H., Timmermann, A. (2004). How Costly is it to Ignore Breaks When Forecasting the Direction of a Time Series. International Journal of Forecasting. Vol. 20 (3), pp. 411–425.
• Pesaran, M. H., Schuermann, T., Weiner, S. M. (2004). Modelling Regional Interdependencies using a Global Error-Correcting Macroeconometric Model. Journal of Business Economics and Statistics. Vol. 22 (2), pp. 129-162.
• Garratt, A., Lee, K., Pesaran, M. H., Shin, Y. (2003). Forecast Uncertainties in Macroeconometric Modelling: An Application to the U.K. Economy. Journal of the American Statistical Association. Vol. 98 (464), pp. 829-838.
• Im, K. S., Pesaran, M. H., Shin, Y. (2003). Testing for unit roots in heterogeneous panels. Journal of Econometrics. Vol. 115 (1), pp. 53–74.
• Garratt, A., Lee, K., Pesaran, M. H., Shin, Y. (2003). Long-run structural modelling. The Economic Journal. Vol. 113, pp. 412-455.
• Garratt, A., Lee, K., Pesaran, M. H., Shin, Y. (2003). A Long Run Structural Macroeconometric Model of the UK. The Economic Journal. Vol. 118 (487), pp. 412-455.
• Pesaran, M. H. (2003). Aggregation of linear dynamic models: An application to life-cycle consumption models under habit formation. Economic Modelling. Vol. 20 (2), pp. 383–415.
• Pesaran, M. H., Timmermann, A. (2002). Market timing and return prediction under model instability. Journal of Empirical Finance. Vol. 9 (5), pp. 495–510.
• Pesaran, M. H. (2002). Maximum Likelihood Estimation of Fixed Effects Dynamic Panel Data Models Covering Short Time Periods. Journal of Econometrics. Vol. 109 (1), pp. 107–150.
• Hsiao, C., Pesaran, M. H., Tahmiscioglu, A. K. (2002). Maximum likelihood estimation of fixed effects dynamic panel data models covering short time periods. Journal of Econometrics. Vol. 109 (1), pp. 107–150.
• Pesaran, M. H., Shin, Y., Smith, R. J. (2001). Bounds testing approaches to the analysis of level relationships. Journal of Applied Econometrics. Vol. 16 (3), pp. 289–326.
• Hendry, D. F., Pesaran, M. H. (2001). A special issue in memory of John Denis Sargan: studies in empirical macroeconometrics. Journal of Applied Econometrics. Vol. 16 (Special Issue: In Memory of John Denis Sargan 1924), pp. 197–202.
• Binder, M., Pesaran, M. H. (2001). Life-cycle consumption under social interactions. Journal of Economic Dynamics and Control. Vol. 25, pp. 35–83.
• Granger, C. W., Pesaran, M. H. (2000). Economic and statistical measures of forecast accuracy. Journal of Forecasting. Vol. 19 (7), pp. 537–560.
• Pesaran, M. H., Shin, Y., Smith, R. (2000). Structural Analysis of Vector Error Correction Models with Exogenous I(1) Variables. Journal of Econometrics. Vol. 97 (2), pp. 293–343.
• Jan van Garderen, K., Lee, K., Pesaran, M. H. (2000). Cross-sectional aggregation of nonlinear models. Journal of Econometrics. Vol. 95 (2), pp. 285–331.
• Pesaran, M. H., Harcourt, G. C. (2000). Life and Work of John Richard Nicholas Stone 1913-1991. Economic Journal. Vol. 110
• Pesaran, M. H., Timmermann, A. (2000). A Recursive Modelling Approach to Predicting UK Stock Returns. The Economic Journal. Vol. 110, pp. 159-191.
• Pesaran, M. H., Binder, M. (2000). Solution of finite-horizon multivariate linear rational expectations models and sparse linear systems. Journal of Economic Dynamics and Control. Vol. 24, pp. 325-346.
• Binder, M., Pesaran, M. H., Samiei, S. H. (2000). Solution of Nonlinear Rational Expectations Models with Applications to Finite-Horizon Life-Cycle Models of Consumption. Computational Economics. Vol. 15, pp. 25–57.
• Pesaran, M. H., Shin, Y., Smith, R. P. (1999). Pooled mean group estimation of dynamic heterogeneous panels. Journal of the American Statistical Association. Vol. 94, pp. 621-634.
• Binder, M., Pesaran, M. H. (1999). Stochastic growth models and their econometric implications. Journal of Economic Growth. Vol. 4, pp. 139-183.
• Pesaran, M. H., Taylor, L. W. (1999). Diagnostics for IV regressions. Oxford Bulletin of Economics and Statistics. Vol. 61 (2), pp. 255–281.
• Pesaran, M. H., Ruge-Murcia, F. J. (1999). Analysis of exchange-rate target zones using a limited-dependent rational-expectations model with jumps. Journal of Business & Economic Statistics. Vol. 17 (1), pp. 50-66.
• Lee, K., Pesaran, M. H., Smith, R. (1998). Growth empirics: a panel data approach – a comment. Quarterly Journal of Economics. Vol. 113 (1), pp. 319-323.
• Pesaran, M. H., Shin, Y. (1998). Generalised impulse response analysis in linear multivariate models. Economics Letters. Vol. 58 (1), pp. 17–29.
• Pesaran, M. H., Smith, R. (1998). Structural analysis of cointegrating VARs. Journal of Economic Surveys. Vol. 12, pp. 471-506.
• Pesaran, M. H., Binder, M. (1998). Decision making in the presence of heterogeneous information and social interactions. International Economic Review. Vol. 39, pp. 1027-1052.
• Binder, M., Pesaran, M. H. (1997). Multivariate linear rational expectations models: characterization of the nature of the solutions and their fully recursive computation. Economic Journal. Vol. 13 (6), pp. 877-888.
• Lee, K., Pesaran, M. H., Smith, R. (1997). Growth and convergence in a multi-country empirical stochastic Solow model. Journal of Applied Econometrics. Vol. 12 (4), pp. 357–392.
• Pesaran, M. H. (1997). A floor and ceiling model of US output. Journal of Economic Dynamics and Control. Vol. 21, pp. 661–695.
• Pesaran, M. H. (1997). The role of economic theory in modelling the long-run. The Economic Journal. Vol. 107, pp. 178-191.
• Koop, G., Pesaran, M. H., Potter, S. M. (1996). Impulse response analysis in nonlinear multivariate models. Journal of Econometrics. Vol. 74 (1), pp. 119–147.
• Pesaran, M. H., Ruge-Murciab, F. J. (1996). Limited-dependent rational expectations models with stochastic thresholds. Economics Letters. Vol. 51 (3), pp. 267–276.
• Pesaran, M. H., Shin, Y. (1996). Cointegration and speed of convergence to equilibrium. Journal of Econometrics. Vol. 71, pp. 117–143.
• Pesaran, M. H., Samiei, H. (1995). Forecasting ultimate resource recovery. International Journal of Forecasting. Vol. 11 (4), pp. 543-555.
• Pesaran, M. H., Timmermann, A. (1995). Predictability of stock returns: robustness and economic significance. Journal of Finance. Vol. 50 (4), pp. 1201-1228.
• Pesaran, M. H., Smith, R. (1995). Estimating long-run relationships from dynamic heterogeneous panels. Journal of Econometrics. Vol. 68 (1), pp. 79–113.
• Pesaran, M. H., Smith, R. (1995). The role of theory in econometrics. Journal of Econometrics. Vol. 67 (1), pp. 61–79.
• Pesaran, M. H., Pesaran, B. (1995). A non-nested test of level-differenced versus log-differenced stationary models. Econometric Reviews. Vol. 14, pp. 213-228.
• Karshenas, M., Pesaran, M. H. (1995). Economic reform and the reconstruction of the Iranian economy. Middle East Journal. Vol. 45 (1), pp. 89-111.
• Pesaran, M. H., Samiei, H. (1995). Limited-dependent rational expectations models with future expectations. Journal of Economic Dynamics and Control. Vol. 19, pp. 1325-1353.
• Favero, C. A., Pesaran, M. H., Sharma, S. (1994). A duration model of irreversible oil investment: theory and empirical evidence. Journal of Applied Econometrics. Vol. 9 (Calibration Techniques and Econometrics), pp. S95–S112.
• Pesaran, M. H., Timmermann, A. (1994). Forecasting stock returns: an examination of stock market trading in the presence of transaction costs. Journal of Forecasting. Vol. 13 (4), pp. 335–367.
• Favero, C. A., Pesaran, M. H. (1994). Oil investment in the North Sea. Economic Modelling. Vol. 11 (3), pp. 308–329.
• Pesaran, M. H., Smith, R. J. (1994). A generalized R2 criterion for regression models estimated by the Instrumental Variables method. Econometrica. Vol. 62 (3), pp. 705-710.
• McAleer, M., McKenzie, C. R., Pesaran, M. H. (1994). Cointegration and direct tests of the rational expectations hypothesis. Econometric Reviews. Vol. 13 (2), pp. 231-258.
• Pierse, R., Lee, K., Pesaran, M. H. (1994). Choice between disaggregate and aggregate specifications estimated by IV method. Journal of Business and Economic Statistics. Vol. 12, pp. 111-121.
• Pesaran, M. H., Timmermann, A. G. (1994). A generalization of the non-parametric Henriksson-Merton test of market timing. Economics Letters. Vol. 44, pp. 1-7.
• Lee, K. C., Pesaran, M. H. (1993). Persistence profiles and business cycle fluctuations in a disaggregated model of UK output growth. Ricerche Economiche. Vol. 47 (3), pp. 293–322.
• Pesaran, M. H., Pesaran, B. (1993). A simulation approach to the problem of computing Cox’s Statistic for testing non-nested models. Journal of Econometrics. Vol. 57, pp. 377–392.
• Pesaran, M. H., Pierse, R. G., Lee, K. C. (1993). Persistence, cointegration and aggregation: a disaggregated analysis of output fluctuations in the US economy. Journal of Econometrics. Vol. 56, pp. 57-88.
• Pesaran, M. H., Lee, K. C. (1993). The role of sectoral interactions in wage determination in the UK economy. The Economic Journal. Vol. 103 (416), pp. 21-55.
• Pesaran, M. H., Potter, S. (1992). Non-linear dynamics and econometrics: an introduction. Journal of Applied Econometrics. Vol. 7 (Special Issue on Nonlinear Dynamics and Econometri), pp. S1-S7.
• Pesaran, M. H., Timmermann, A. (1992). A simple non-parametric test of predictive performance. Journal of Business and Economic Statistics. Vol. 10 (4), pp. 461-465.
• Pesaran, M. H., Smith, R. P. (1992). The interaction between theory and observation in economics. Economic and Social Review. Vol. 24, pp. 1-23.
• Pesaran, M. H., Samiei, H. (1992). Estimating limited-dependent rational expectations models: with an application to exchange rate determination in a target zone. Journal of Econometrics. Vol. 53, pp. 141-163.
• Pesaran, M. H., Samiei, H. (1992). An analysis of the determination of Deutsche mark/French franc exchange rate in a discrete-time target-zone model. Economic Journal. Vol. 102, pp. 388-401.
• Lee, K. C., Pesaran, M. H., Pierse, R. G. (1992). Persistence of shocks and their sources in a multisectoral model of UK output growth. The Economic Journal. Vol. 102, pp. 342-356.
• Pesaran, M. H. (1991). An interview with Sir Richard Stone. Econometric Theory. Vol. 7 (1), pp. 85-123.
• Pesaran, M. H., Samiei, H. (1991). Persistence, seasonality and trend in UK egg production. Applied Economics. Vol. 23, pp. 479-484.
• Pesaran, M. H. (1991). Costly adjustment under rational expectations: a generalisation. Review of Economics and Statistics. Vol. 73, pp. 353-358.
• Pesaran, M. H. (1991). Estimation of a simple class of multivariate rational expectations models: a test of the new classical model at a sectoral level. Empirical Economics. Vol. 16 (2), pp. 211-232.
• McAleer, M., Pesaran, M. H., Bera, A. (1990). Alternative approaches to testing non-nested models with autocorrelated disturbances: application to models of U.S. unemployment. Communication in Statistics: Theory and Methods. Vol. 19, pp. 3619-3644.
• Pesaran, M. H., Smith, R. J. (1990). A unified approach to estimation and orthogonality tests in linear single-equation econometric models. Journal of Econometrics. Vol. 44, pp. 41-66.
• Pesaran, M. H., Lee, K., Pierse, R. G. (1990). Testing for aggregation bias in linear models. Economic Journal. Vol. 100 ((supplement)), pp. 367-390.
• Pesaran, M. H. (1990). An econometric model of exploration and extraction of oil in the UK Continental Shelf. Economic Journal. Vol. 100, pp. 367-390.
• Pesaran, M. H., Pierse, R. G., Kumar, M. (1989). Econometric analysis of aggregation in the context of linear prediction models. Econometrica. Vol. 57, pp. 861-888.
• Pesaran, M. H. (1989). Consistency of short-term and long-term expectations. Journal of International Money and Finance. Vol. 8, pp. 511-516.
• Pesaran, M. H., Pierse, R. G. (1989). A proof of the asymptotic validity of a test for perfect aggregation. Economics Letters. Vol. 30 (1), pp. 41-47.
• Pesaran, M. H. (1988). On the policy ineffectiveness proposition and a Keynesian alternative: a rejoinder. Economic Journal. Vol. 98, pp. 504-508.
• Pesaran, M. H., Hall, A. D. (1988). Tests of non-nested linear regression models subject to linear restrictions. Economics Letters. pp. 341-348.
• Pesaran, M. H. (1988). The role of theory in applied econometrics. Economic Record. pp. 336-339.
• Pesaran, M. H. (1987). Global and partial non-nested hypotheses and asymptotic local power. Econometric Theory. pp. 69-97.
• Pesaran, M. H., McAleer, M. (1986). Statistical inference in non-nested econometric models. Applied Mathematics and Computation. pp. 271-311.
• Pesaran, M. H., Smith, R. P. (1985). Evaluation of macroeconometric models. Economic Modelling. Vol. 2, pp. 125-134.
• Pesaran, M. H., Smith, R. P., Yeo, S. (1985). Testing for structural stability and predictive failure: a review. Manchester School. pp. 280-295.
• Pesaran, M. H. (1985). Formation of inflation expectations in British manufacturing industries. Economic Journal. Vol. 95, pp. 948-975.
• Pesaran, M. H., Evans, R. A. (1984). Inflation, capital gains and UK personal savings: 1953-81. Economic Journal. Vol. 94, pp. 237-257.
• Pesaran, M. H. (1984). Asymptotic power comparisons of tests of separate parametric families by Bahadur’s approach. Biometrika. pp. 245-252.
• Pesaran, M. H. (1984). Macroeconomic policy in an oil-exporting economy with foreign exchange controls. Economica. Vol. 51, pp. 253-270.
• Pesaran, M. H., Godfrey, L. (1983). Tests of non-nested regression models: small sample adjustments and Monte Carlo evidence. Journal of Econometrics. Vol. 21, pp. 133-154.
• Pesaran, M. H., Hausman, J. (1983). The J-test as a Hausman specification test. Economics Letters. Vol. 12, pp. 277-281.
• Pesaran, M. H. (1983). A note on the maximum likelihood estimation of regression models with first-order moving average errors with roots in the unit circle. Australian Journal of Statistics. Vol. 25, pp. 442-448.
• Pesaran, M. H. (1982). On the Comprehensive method of testing non-nested regression models. Journal of Econometrics. pp. 263-274.
• Pesaran, M. H. (1982). A critique of the proposed tests of the natural rate/rational expectations hypothesis. Economic Journal. Vol. 92, pp. 529-554.
• Pesaran, M. H. (1982). Comparison of local power of alternative tests of non-nested regression models. Econometrica. Vol. 50, pp. 1287-1305.
• Pesaran, M. H. (1982). The system of dependent capitalism in pre- and post- revolutionary Iran. International Journal of Middle East Studies. Vol. 14, pp. 501-522.
• Pesaran, M. H. (1981). Identification of rational expectations models. Journal of Econometrics. pp. 375-398.
• Pesaran, M. H. (1981). Pitfalls of testing non-nested hypotheses by the Lagrange multiplier method. Journal of Econometrics. pp. 323-331.
• Walton, T. (1980). Economic development and revolutionary upheavals in Iran. Cambridge Journal of Economics. pp. 271-292.
• Pesaran, M. H., Deaton, A. (1978). Testing non-nested, non-linear regression models. Econometrica. Vol. 46, pp. 677-694.
• Pesaran, M. H., Lavi, E. A. (1977). Accountancy under inflationary conditions. The Auditor.
• Pesaran, M. H., Llewellyn, G. (1976). Determinants of United Kingdom import prices – a note. Economic Journal. Vol. 86, pp. 315-320.
• Pesaran, M. H. (1974). On the general problem of model selection. Review of Economic Studies. Vol. 41, pp. 153-171.
• Pesaran, M. H. (1973). The small sample problem of truncation remainders in the estimation of distributed lag models with auto-correlated errors. International Economic Review. Vol. 14, pp. 120-131.
• Pesaran, M. H. (1973). An alternative econometric approach to the permanent income hypothesis: an international comparison: a comment. Review of Economics and Statistics. pp. 259-261.
• Pesaran, M. H. (1973). The exact maximum likelihood estimation of a regression equation with first order moving-average errors. Review of Economic Studies. Vol. 40, pp. 529-535.

Magazine/Trade Publication

• Pesaran, M. H., Smith, R.Sanctions were not the only problem. International Finance Magazine. Vol. 1, pp. 22-25.
• Pesaran, M. H., Smith, R.Iran Nuclear Deal and its Economic Potential. International Finance Magazine.

Instructional Software

• Pesaran, B., Pesaran, M. H. (2009). Time Series Econometrics using Microfit 5 ( http://www.oup.co.uk/microfit/ ). Oxford University Press.
• Pesaran, M. H., Pesaran, B. (2001). Working with Microfit 4.0: Interactive Econometric Analysis. Oxford. Oxford University Press.

Working Paper

• Pesaran, M. H., Yang, L. (2023). Heterogeneous Autoregressions in Short T Panel Data Models. Cambridge Working Paper.
• Pesaran, M. H. (2023). The Role of Pricing Errors in Linear Asset Pricing Models with Strong, Semi-Strong, and Latent Factors. CESifo WP #10282. Click HERE for the article
• Nocera, A., Pesaran, M. H. (2022). Causal effects of the Fed’s Large-scale asset purchases on firms’ capital structure. Cambridge Working Papers in Economics. Click HERE for the article
• Pesaran, M. H., Pick, A., Timmermann, A. (2022). Forecasting with panel data: estimation uncertainty versus parameter heterogeneity. CESifo WP #9690. Click HERE for the article
• Pesaran, M. H., Xie, Y. (2021). A Bias-Corrected CD Test for Error Cross-Sectional Dependence in Panel Data Models with Latent Factors. CESifo WP #9234. Click HERE for the article
• Pesaran, M. H. (2021). Pooled Bewley Estimator of Long-Run Relationships in Dynamic Heterogenous Panels. Federal Reserve Bank of Dallas Globalization Institute WP. PubMed Web Address
• Pesaran, M. H., Chudik, A., Rebucci, A. (2021). Covid-19 Time-varying Reproduction Numbers Worldwide: An Empirical Analysis of Mandatory and Voluntary Social Distancing. NBER Working Paper No. 28629. Click HERE for the article
• Pesaran, M. H., Smith, R. P. (2021). Factor Strengths, Pricing Errors, and Estimation of Risk Premia. CESifo WP #8947. PubMed Web Address
• Pesaran, M. H., Chudik, A., Sharifvaghefi, M. (2020). Variable Selection and Forecasting in High Dimensional Linear Regressions with Structural Breaks. CESifo Working Paper No. 8475.
• Pesaran, M. H., Chudik, A., Rebucci, A. (2020). Voluntary and Mandatory Social Distancing: Evidence on COVID-19 Exposure Rates from Chinese Provinces and Selected Countries. CESifo Working Paper No. 8243.
• Pesaran, M. H., Smith, R. P. (2019). The Role of Factor Strength and Pricing Errors for Estimation and Inference in Asset Pricing Models. CESifo Working Paper No. 7919.
• Pesaran, M. H., Kapetanios, G., Reese, S. (2018). A Residual-based Threshold Method for Detection of Units that are Too Big to Fail in Larger Factor Models. CESifo Working Paper No. 7401.
• Pesaran, M. H., Smith, R. (2017). Posterior Means and Precisions of the Coefficients in Linear Models with Highly Collinear Regressors.
• Pesaran, M. H., Xu, T. (2016). Business Cycle Effects of Credit Shocks in a DSGE Model with Firm Defaults. USC INET Reserch Paper No. 16-13.
• Pesaran, M. H., Chudik, A., Kapetanios, G. (2016). Big Data Analytics: A New Perspective. CESifo Working Paper No. 5824.
• Pesaran, M. H., Zhou, Q. (2014). Estimation of Time-invariant Effects in Static Panel Data Models. CESifo Working Paper. Estimation of Time-invariant Effects in Static Panel Data Models
• Pesaran, M. H., Smith, R. P. (2014). Tests of Policy Ineffectiveness in Macroeconometrics. CESifo Working Paper. CESifo Working Paper No. 4871
• Hayakawa, K., Pesaran, M. H., Smith, L. V. (2014). Transformed Maximum Likelihood Estimation of Short Dynamic Panel Data Models with Interactive Effects. CESifo Working Paper. CESifo Working Paper No.4822
• Chudik, A., Mohaddes, K., Pesaran, M. H., Raissi, M. (2013). Debt, Inflation and Growth – Robust Estimation of Long-Run Effects in Dynamic Panel Data Models. CESifo Working Paper. CESifo Working Paper No. 4508
• Pesaran, M. H., Zaffaroni, P. (2009). Optimality and Diversifiability of Mean Variance and Arbitrage Pricing Portfolios. CESifo Working Papers No. 2857.

Other

• Pesaran, M. H. (1985). Comment on P.A.V.B. Swamy, R.K. Conway and P. von zur Muehlen, ‘The foundations of econometrics – are there any?’. Econometric Reviews.
• Pesaran, M. H. (1983). Comment on the paper by J.G. MacKinnon, ‘Model specification tests against non-nested alternatives’. Econometric Reviews.

• Honorary Doctorate, University of Maastricht, 2013
• USC Distinguished Professor, John E. Elliott Distinguished Chair in Economics and Professor of Economics, 2013
• Research Fellow, CESifo (Center for Economic Studies and ifo Institute for Economic Research), 2000
• Fellow, Institute for the study of Labour (IZA), Bonn, 1999
• Fellow, the British Academy, 1998
• Fellow of Econometric Society, 1989
• USC Endowed Chair, John Elliott Chair in Economics, 2005/08/16-2020/05/15
• Doctor Oeconomiae Honoris Causa, University of Economics Prague, May 2016, 2015-2016
• Distinguished Author, Journal of Applied Econometrics, 2015/09
• Thomson Reuters Highly Cited Researcher, 2015/09
• Mahalanobis Lecture, presented at the 9th Statistics Day Conference at the Reserve Bank of India, 2015/07/24
• Solari Lecture, presented at the Institute of Economics and Econometrics at the Geneva School of Economics and Management, Geneva, Switzerland, 2014/11/27
• Centre for International Research on Economic Tendency Surveys’ Isaac Kerstenetzky Scholarly Achievement Award, 2014/10/09
• Modeler of the Month for Econmod.net, 2014/09/01-2014/10/01
• Thomson Reuters Citation Laureate in Economics, 2013/09
• Honorary Doctorate, University of Goethe, Frankfurt, 2008
• Best Paper Award, International Journal of Forecasting, Awarded 2007, 2006-2007
• Elected as a Council member of the Royal Economic Society, 2007., 2006-2007
• Best Paper Award 2002-2004, Econometric Reviews, awarded in 2005, 2004-2005
• Honorary Degree, Doctor of Letters honoris causa, awarded by Salford University, 1993
• Honorary Degree, Doctor of Letters honoris causa, awarded by Salford University, 1993, 1992-1993
• Royal Economic Society Prize, 1992
• Fellow, Journal of Econometrics, 1990
• George Sell Prize, The Institute of Petroleum, London, for research on the exploration and development of oil in the North Sea, 1990

Office Hours

Tuesdays : 1:30-4:30pm

Administrative Appointments

• Director, Center for Applied Financial Economics, 2012 –
• Director, USC Dornsife Institute for New Economic Thinking, 2014 – 2018
• Director, USC College Institute for Economic Policy Research, 2004 – 2006

Committees

• Member, Honorary Degree Committee, 2018 – 2022
• Member, University Committee on Appointments, Promotion and Tenure, 2012 – 2020
• Member, Department of Data Science and Operations Academic Program Review Committee, 2018-2019

Committees

• President, International Iranian Economic Association, 06/2013 – 06/2016

Conferences Organized

• Scientific Committee Member, 2nd Vienna Workshop on Economic Forecasting 2020, Vienna, Austria, 2020
• Program Committee Member, 2019 International Association for Applied Econometrics (IAAE) conference, Nicosia, Cypress, 2019
• Program Committee Member, 2018 IAAE International Association for Applied Econometrics Conference, Montreal, Canada, 2018
• Scientific Committee Member, 1st Vienna Workshop on Economic Forecasting 2018, Vienna, Austria, 2018
• Co-Chair, 9th International Conference on Computational and Financial Econometrics (CFE2017) and 8th International Conference on Computational and Methodologica, London UK, 2017
• Program Committee Member, 44th European Finance Association (EFA) Annual Meeting, Mannheim, Germany, 2016-2017
• Organizing Committee Member, USC Dornsife INET Conference on Networks, Los Angeles, California, 2015-2016
• Program Committee Member, 43rd European Finance Association (EFA) Annual Meeting, Oslo, Norway, 2015-2016
• Scientific Committee Member, 3rd International Association of Applied Econometrics Conference , Milan, Italy, 2015-2016
• Program Committee Member, 42nd European Finance Association (EFA) Annual Meeting, Vienna, Austria, 2014-2015
• Scientific Committee Member and Organizing Committee Member, IAAE 2015 Annual Conference, Thessaloniki, Greece, 2014-2015
• Scientific Committee Member and Organizing Committee Member, First Annual International Association for Applied Econometrics Conference, Queen Mary College, London, UK, 2013-2014
• Co-Organizer, Cross-sectional Dependence in Panel Data Models, Cambridge, UK, 2012-2013
• Organizing Committee member, Conference on MENA Economies, Istanbul, Turkey, 2012-2013
• Co-organiser , Global Crisis and Latin American Economies, USC, Fall 2012
• Scientific Programme Committee Member, 6th International Conference on Computational and Financial Econometrics, Oviedo, Spain, 2011-2012
• Scientific Committee Member, Iran Economy Conference, SOAS University, London, Fall 2011
• Co-Chair of the program Committee, Conference on Iran’s Economy, University of Chicago, 2010-2011
• Co-Organizer, Advances in Development Economics, USC, Spring 2011
• Chair of the Organizing Committee, Iranian Economy at a Crossroads, USC, 2009-2010
• Co-organizer, CIMF Workshop, Forecasting under Model Instability, Trinity College, Cambridge, 2008-2009
• Co-organizer, Conference on Iran’s Economy, University of Illinois at Urbana-Champaign, 2008-2009
• Scientific Committee and Local Organizing Committee member, The Thirteen Annual Conference on Panel Data, Cambridge, England 2006., Cambridge, England, 2006-2007
• Scientific Programme Committee member, the International Workshop on Computational and Financial Econometrics, Geneva, Switzerland., 2006-2007

Editorships and Editorial Boards

• Editorial Board Member, Research in Economics, 2016 –
• Editorial Committee Member, Annual Review of Economics, 2014 –
• Editorial Board Member, International Review of Economics & Finance, 2010 –
• Editorial Board Member, Iranian Journal of Economic Studies, 2010 –
• Editorial Board Member, Review of Middle East Economics and Finance, 2007 –
• Advisory Editor, The Journal of the Korean Economy, 2001 –
• Advisory Board member, Journal of Iranian Research and Analysis, 2000 –
• Associate Editor, Journal of Economic Dynamics and Control, 1995 –
• Advisory Board member, Journal of Economic Surveys, 1995 –
• Founding Editor, Journal of Applied Econometrics, 1986 – 2014
• Associate Editor, Econometric Theory, 1984 – 1987
• Associate Editor, Econometrica, 1984 – 1985

Professional Memberships

• Research Fellow, CESifo (Center for Economic Studies and ifo Institute for Economic Research, 2000 –
• Research Fellow, Institute for the Study of Labour (IZA), Bonn, 1999 –
• Fellow of the British Academy, 1998 –
• Fellow, Journal of Econometrics, 1990 –
• Fellow of Econometric Society, 1989 –

Media, Alumni, and Community Relations

• Interviewed by “Hospodarke Noviny” on Oil Prices and the Global Economy, Prague, 05/26/2016, 2015-2016
• Interviewed by “Taadol” on the Direction of the Iranian Economy after Sanctions, June 2016, 2015-2016
• Interviewed by “Tejarat Farda” on The Importance of Economic Leadership in Iran, June 2016, 2015-2016
• Interviewed on “Voice of America”. http://ir.voanews.com/media/video/oil-ecnomy/2606391.html , 01/19/2015
• Interviewed by Bloomberg/Newsroom on October 9, 2013., 2013-2014
• Interviewed on the “Marz Haye Danesh-MHD” program on KIRN 670AM. Aired Sunday, October 13, 2013., 2013-2014
• Interviews on UK and Iranian economies with BBC, Voice of America (http://ir.voanews.com/media/video/1523466.html?z=1566&zp=4), Bloomberg, 2012-2013
• Presented the faculty address at USC Dornsife Torchbearer Luncheon, November 8, 2012. http://dornsife.usc.edu/torchbearer/, 2012-2013
• Took part in a Panel Discussion on “Saving the Euro and the EU: Can it Be Done?”, at the Pacific Council Meeting on the Changing Global Balance, November 9 – 10, Santa Monica, California. http://www.pacificcouncil.org/mw2012, 2012-2013
• Took part in the Panel on USC Global Conversation in London, October 9, 2012 http://uscinlondon.usc.edu/schedule/ http://www.youtube.com/watch?v=slETLGRfMAQ, 2012-2013
• Appeared on Chinese CCTV-2 “Feast of Thoughts” featuring the World Econometric Congress and its distinquished guests., 2009-2010
• Public Lectures on Iranian Economy in Persian and English at UCLA , 2009-2010
• TV Interview with Voice of America in Persian, 2009-2010
• Various Interviews on Iranain and World Economy with BBC Persian TV, 2009-2010
• Interview on Global Economy with Phoenix Satellite TV, 2008-2009