Hamid Baghestani, Professor
PhD, University of Colorado, 1982

Address:
Department of Economics
School of Business and Management (SBM)
American University of Sharjah
P.O. Box 26666
Sharjah, United Arab Emirates

Room: NAB130
Office: +(971) 6 515 2529
E-mail: hbaghestani@aus.edu

Research Interests:

1. Time-series analysis, forecasting and forecast evaluation, macroeconomics, central banking, financial markets.

Selected Publications:

1. Baghestani, H. (2007) “Predicting Capacity Utilization: Federal Reserve vs. Time-series Models.” Journal of Economics and Finance 31, forthcoming.
2. Baghestani, H. and Kherfi, S. (2007) “How Well Do U.S. Consumers Predict the Direction of Change in Interest Rates?” Quarterly Review of Economics and Finance 47, forthcoming. Available online at http://dx.doi.org/10.1016/j.qref.2007.06.002
3. Baghestani, H. and Soliman, M. (2007) “Federal Reserve vs. Consumer Forecasts of Inflation: 1979-1983.” Applied Economics Letters 14, forthcoming.
4. Baghestani, H. and Mott, T. (2007) “On the Behavior of UK Money, Velocity, Prices, and Output in the Gold Standard Period: 1871-1913.” Applied Economics 39, forthcoming.
5. Baghestani, H. (2007) “Federal Reserve versus Private Information: Who Is the Best Unemployment Rate Predictor?” Journal of Policy Modeling 29, forthcoming. Available online at http://dx.doi.org/10.1016/j.jpolmod.2007.05.002
6. Baghestani, H. (2007) “An Evaluation of Professional Forecasts of Corporate Profits.” Applied Financial Economics Letters 3, pp. 247-250.
7. Baghestani, H. (2006) “Federal Reserve vs. Private Forecasts of Real Net Exports." Economics Letters 91, pp. 349-353.
8. Baghestani, H. (2006) “An Evaluation of the Professional Forecasts of U.S. Long-term Interest Rates.” Review of Financial Economics 15, pp. 177-191.
9. Baghestani, H. (2005) “Improving the Accuracy of Recent Survey Forecasts of the T-bill Rate.” Business Economics 40, pp. 36-40.
10. Baghestani, H. (2005) “On the Rationality of Professional Forecasts of Corporate Bond Yield Spread.” Applied Economics Letters 12, pp. 213-216.
11. AbuAl-Foul, B. and Baghestani, H. (2004) “The Causal Relation between Government Revenue and Spending: Evidence from Egypt and Jordan.” Journal of Economics and Finance 28, pp. 260-269.
12. Baghestani, H. (2004) “Are Preliminary Data of Output Growth and Inflation Reliable Predictors?” Journal of Applied Business Research 20, pp. 1-10 (leading article).
13. Abosedra, S. and Baghestani, H. (2004) “On the Predictive Accuracy of Crude Oil Futures Prices.” Energy Policy 32, pp. 1389-1393.

Papers under Reviews:

Working Papers: