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Profile

College / Department

School of Business Administration

Department of Economics

Teaching areas

Econometrics, Forecasting, Macroeconomics, Mathematical Economics, Monetary Economics, and Microeconomics

Research areas

Time-series Analysis, Macro-Econometric Modeling & Forecasting, Monetary Economics, and Financial Markets

Education

PhD, Monetary Theory & Policy; Econometrics; Mathematical economics, University of Colorado, Boulder, United States, 1982

MA, Econometrics; Mathematical Economics, University of Colorado, Boulder, United States, 1979

BA, Managerial Economics, Qazvin College of Economics, Iran, 1976

Professional experience

Professor, Economics, American University of Sharjah, 2006 - Present

Contact

[email protected]

+971 6 515 2529

Dr. Hamid Baghestani

Professor

PhD, University of Colorado, Boulder, United States

Before joining AUS, Hamid Baghestani was on the faculty of the Economics Institute and University of Colorado at Boulder. His portfolio of teaching includes courses on econometrics, forecasting, macroeconomics, mathematical economics, monetary economics and statistics. He was also a visiting professor at institutions such as Colorado School of Mines, Metropolitan State College at Denver, University of Colorado at Denver, and University of Denver. He has also conducted training programs for organizations such as the Malaysian Central Bank, the Central Bank of the Philippines, the Central Bank of Venezuela, the Ministry of the National Economy of Oman, and Bank Indonesia.

Publications

Hamid Baghestani And Bassam Abual-foul. An evaluation of EIA gasoline price predictions, Applied Economics, 25 September 2023

Hamid Baghestani. Forecasts of growth in US durables spending: Assessing the usefulness of disaggregated consumer survey data, Economic Research - Ekonomska Istraživanja, 9 March 2023

Hamid Baghestani. Do consumer survey data help improve US vehicle sales forecasts?, Journal Of Economic Studies, 18 October (4th Quarter/Autumn) 2022

Hamid Baghestani. Real exchange rate synchronization in the NAFTA region, Journal Of Economic Studies, 20 September 2022

Hamid Baghestani. Forecasts of growth in US residential investment: Accuracy gains from consumer home-buying attitudes and expectations, Applied Economics, June 2021

Hamid Baghestani And Sehar Fatima. Growth in US durables spending: Assessing the impact of consumer ability and willingness to buy, Journal Of Business Cycle Research, April (2nd Quarter/Spring) 2021

Hamid Baghestani. Predicting US growth in durables spending using consumer durables buying attitudes, Journal Of Business Research, April (2nd Quarter/Spring) 2021

Hamid Baghestani And Bassam Abual-foul. Oil prices and experts’ forecasts of seven exchange rates, Applied Economics, 1 November 2020

Hamid Baghestani And Bassam Abual-foul. Dynamics between oil prices and UAE real effective exchange rates: An empirical examination, Review Of Economics And Finance, 1 May 2019

Hamid Baghestani. An analysis of vehicle-buying attitudes of US consumers, Research In Transportation Economics, March 2019

Hamid Baghestani And Polly Baghestani. On the dynamics of US consumer sentiment and economic policy assessment, Applied Economics, February 2017

Hamid Baghestani. Do gasoline prices asymmetrically affect US consumers’ economic outlook?, Energy Economics, July (3rd Quarter/Summer) 2016

Hamid Baghestani And Ilker Kaya. Do financial indicators have directional predictability for US home sales?, Applied Economics, 27 March 2016

Hamid Baghestani And Samer Kherfi. An error-correction modeling of US consumer spending: are there asymmetries?, Journal Of Economic Studies, 2015

Hamid Baghestani, Mohammad Arzaghi And Ilker Kaya. On the accuracy of Blue Chip forecasts of interest rates and country risk premiums, Applied Economics, 2015

Almukhtar Al-abri And Hamid Baghestani. Foreign investment and real exchange rate volatility in emerging Asian countries, Journal Of Asian Economics, October (4th Quarter/Autumn) 2015

Hamid Baghestani. Predicting gasoline prices using Michigan survey data, Energy Economics, April (2nd Quarter/Spring) 2015

Hamid Baghestani And Ilker Kaya. An evaluation of New Zealand macroeconomic survey forecasts, New Zealand Economic Papers, 2013

Hamid Baghestani, Ilker Kaya And Samer Kherfi. Do changes in consumers' home buying attitudes predict directional change in home sales?, Applied Economics Letters, 2013

Hamid Baghestani. Are professional forecasts of growth in U.S. business investment rational?, Economics Letters, April (2nd Quarter/Spring) 2012

Hamid Baghestani. Forecasting the ten-year U.S. Treasury rate, Journal Of Forecasting, April (2nd Quarter/Spring) 2010

Hamid Baghestani. Forecasting in efficient bond markets: Do experts know better?, International Review Of Economics And Finance, October (4th Quarter/Autumn) 2009

Hamid Baghestani And Samer Kherfi. How well do US consumers predict the direction of change in interest rates?, The Quarterly Review Of Economics And Finance, 2008

Hamid Baghestani. Federal Reserve vs. private information: Who is the best unemployment rate predictor?, Journal Of Policy Modeling, November 2008

Hamid Baghestani. A random walk approach to predicting U.S. 30-year home mortgage rates, Journal Of Housing Economics, April (2nd Quarter/Spring) 2008

Salah Abosedra And Hamid Baghestani. On the predictive accuracy of crude oil futures prices, Energy Policy, July (3rd Quarter/Summer) 2004

Hamid Baghestani And Robert Mcnown. Do revenues or expenditures respond to budgetary disequilibria?, Southern Economic Journal, October (4th Quarter/Autumn) 1994

Hamid Baghestani And Robert Mcnown. Forecasting the federal budget with time series models, Journal Of Forecasting, April (2nd Quarter/Spring) 1992

Hamid Baghestani. On the formation of inflationary expectations under various conditions: Some survey evidence, Journal Of Business, April (2nd Quarter/Spring) 1992

Hamid Baghestani. Survey evidence on the Muthian rationality of inflation forecasts of US consumers, Oxford Bulletin Of Economics And Statistics, April (2nd Quarter/Spring) 1992

Hamid Baghestani. Cointegration analysis of the advertising-sales relationship, Journal Of Industrial Economics, October (4th Quarter/Autumn) 1991

Abosedra Salah And Hamid Baghestani. New evidence on the causal relationship between United States energy consumption and GNP, Journal Of Energy And Development, October (4th Quarter/Autumn) 1989

Hamid Baghestani And Tracy Mott. The money supply process under alternative Federal Reserve operating procedures: An empirical examination, Southern Economic Journal, October (4th Quarter/Autumn) 1988

Conference Presentations

Oil Prices and Real Exchange Rates in the NAFTA Region, 2018 Society Of Interdisciplinary Business And Economics Research, Bangkok, Thailand, June 2018

Do analysts' forecasts of term spread differential help predict directional change in exchange rates?, 6th Annual Conference On Quantitative And Qualitative Economic Research, singapore, May 2016

Export-Output Link in Bolivia During the Years of neo Liberal Trade Policies, 11th Annual Conference Of The european Trade Study Group, Rome, Italy, September 2009

Grants and sponsorships

Fellowship, Energy, Water, and Sustainable Environment Research Center (EWSERC) | Theme 5: Sustainable Cities and Infrastructures, AUS - College of Engeneering, May 2024

Awards and Honors

SBA Researcher of the Year (2018) Award, 12 April 2018

Awarded a sabbatical (research) leave for Fall 2018 by the American University of Sharjah, 31 January 2018

"Outstanding Referee Award 2011" recipient from Applied Economics Series, 13 February 2012

Awarded a sabbatical (research) leave for Fall 2009 by the American University of Sharjah, 1 September 2009

Voted outstanding (graduate school) professor at Colorado School of Mines, 1999-2000, 29 December 2000