Contact Details:

Department of Economics
University of Wisconsin - Whitewater
4402 Hyland Hall
800 W Main Street
Whitewater, WI 53190

Telelphone: +1 (262) 472 5576
Fax: +1 (262) 472 4863


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May 2012 - Attending the inaugural meetings of the Midwest Applied Time Series and Econometrics Group (MATSEG) in Minneapolis, MN to present my paper "Persistence of Cyclical Unemployment", which is work in progress.

Spring 2012: Teaching Econ 202 and Econ 736

Revising draft of "Volatility, Persistence and Nonlinearity of Simulated DSGE Real Exchange Rates", joint work with Ming Chien Lo (St. Cloud State University) and Olena Mykhaylova (U. of Richmond). Revise and resubmit at Journal of International Economics



November 2011: Attending Southern Economics Association Conference, Washington DC, to present Real exchange rate paper with Ming Lo and Olena Mykhaylova

I am now the co-associate director of Undergraduate Research at UW-Whitewater

Fall 2011: Teaching Econ 202 and Econ 402

July - August 2011: Teaching Summer School Session 2: Econ 354 - Money and Banking; Econ 736 - Business Conditions Analysis

July 2011: Finished revised draft of "Volatility, Persistence and Nonlinearity of Simulated DSGE Real Exchange Rates", joint work with Ming Chien Lo (St. Cloud State University) and Olena Mykhaylova (U. of Richmond). Submitted paper for publication.

June 2011: Organizing conference: Georgetown Center for Economic Research 2011 Conference, Washington DC

Attending Society for Computational Economics 2011 Conference, San Francisco to present Temporal Biases paper (joint work with Ivan Paya)

May 2011: Paper with Bill Craighead "Temporal Aggregation and Purchasing Power Parity Persistence" accepted and forthcoming at Journal of International Money and Finance.

Finished a preliminary draft of "Temporal Biases of Random Walk Processes and Implications for Asset Prices", joint work with Ivan Paya

April 2011: Was awarded the College of Business and Economics' Leon P. Hermsen Teaching Award

March 2011: Society for Nonlinear Dynamics and Econometrics Conference, Washington DC

Finished a preliminary draft of "Persistence and Non-Linearity of Simulated DSGE Real Exchange Rates", joint work with Ming Chien Lo and Olena Mykhaylova

Spring 2011: Teaching Econ 302, Econ 413 and Econ 736



November 2010:
Southern Economics Association Conference, Atlanta, GA:
Organizing session on "Monetary Policy, Financial Liberalization and Housing Prices"

Fall semester 2010: Teaching Econ 202 and Econ 402

July 2010: Promotion to Associate Professor

May 2010: Midwest Macroeconomics Conference, East Lansing, MI

March 2010:
Midwest Economics Association Conference, Evanston, IL

February 2010: Seminar at University of Richmond, VA

Spring semester 2010: Teaching Econ 202, Econ 302 and Econ 413



December 2009 - January 2010: Traveling in Ireland and England.

November 9th 2009:
Keynote speaker in International Business Week at UW-Whitewater. Title of talk: Financial Stability in the Wake of a Global Economic Crisis.

September 2009:
Completed paper: "Temporal Aggregation and Purchasing Power Parity Persistence", joint with William Craighead.

Econ 202: Principles of Macroeconomics
Econ 402: Business Cycles
Econ 758: Advanced International Economics

Curriculum Vitae

Click here for a printable version

My Biographical Sketch

Yamin Ahmad is an associate professor in the Department of Economics at the University of Wisconsin - Whitewater. He holds a Ph.D. and a Masters Degree (MA) in Economics from Georgetown University, a Masters Degree in Econometrics (MSc in Economics and Econometrics) from the University of Bristol, and a Bachelors Degree in Economics from the London School of Economics and Political Science. His dissertation was in the area of Monetary Economics and is titled 'The Transmission mechanism of Monetary Policy'. His research interests lie in the area of monetary economics, international macroeconomics, threshold models, heterogenous agent models, and sticky price/wage models.

At UW-Whitewater, he currently teaches Business Cycles, Advanced International Economics and Business Conditions Analysis. He has also taught Principles of Macroeconomics, Money and Banking and Intermediate Macroeconomics. In addition to those classes, he has previously taught Macroeconomic Theory, Graduate Level Mathematical Economics, and Linear Algebra at Georgetown University.

Personal Information

University Address: Department of Economics
                             University of Wisconsin - Whitewater
                               800 W. Main Street,
                               Whitewater, WI, 53190
Telephone:              (262) 472 5576



Georgetown University, Washington D.C., U.S.A.               08/99 - 07/04
Ph.D. Economics,                                                                    July 2004
Specialisation: Monetary Economics, International Macroeconomics
Graduate Merit Fellowship awarded to promising graduate students in

MA in Economics,                                                                  May 2001
Specialisation: New Keynesian Macroeconomics, Computational
, Econometrics

University of Bristol, Bristol, United Kingdom                      08/98 - 08/99
MSc in Econometrics                                                        January 2000
Specialisation: Time Series Modeling, Advanced Micrometric Modeling,
Financial Markets

blue bullet Graduated with Distinction (Summa Cum Laude)

London School of Economics and Political Science, U.K.    09/95 - 07/98
BSc in Economics                                                                    July 1998
Specialisation: International Economics, Monetary Economics
blue bullet Graduated with 2:1 Honours (Magna Cum Laude)



"Money Market Rates and Implied CCAPM Rates: Some International
Quarterly Review of Economics and Finance, Sept. 2005, Vol 45, #4, pp 699-729

"The Effects of Small Sample Bias in Threshold Autoregressive (TAR) Models",
- Economics Letters, 101 (1), October 2008, pp 6 - 8 

"Modeling the Time to an Initial Public Offering: When Does the Fruit Ripen?",
- Journal of Economics and Finance, forthcoming;

"Searching For Nonlinearities in Real Exchange Rates”, with Stuart Glosser
-Applied Financial Economics, forthcoming;

Working Papers

"International Observations of Monetary Policy Periods"
red bullet Presented at the Midwest Economics Association
Chicago, March 2007
red bullet Submitted to the ICFAI Journal of Monetary Economics

"Reconciling the Effects of Monetary Policy Actions on Consumption Within A Heterogeneous Agent Framework"
red bullet Presented at the Midwest Economics Association
Chicago, March 2006

"International Observations Of Monetary Policy Shocks Over The Last
Three Decades
", Disseration Chapter                                          May 2002

"The Transmission Mechanism Of Monetary Policy In New Neoclassical
Synthesis Models
", Dissertation Chapter                                 January 2003


Works in Progress

"The Impact of Temporal Sampling and Temporal Aggregation as Explanations for the Nominal Exchange Rate Puzzle",                                           March 2008

red bullet Preliminary version presented at the Midwest Economics Association
Chicago, March 2008

"Temporal Aggregation and Purchasing Power Parity Persistence" (Working Title)
with William Craighead                                                         March 2009

"Temporal Biases in the Nominal Exchange Rate: Are Exchange Rates Too Stationary?" (Working Title)
with Ivan Paya

"Heterogeneity and Limited Participation: Implication For Interest Rate
", (Working Title)                                                 May 2003

"Foreign Direct Investment versus Portfolio Investment: A Global Games
", (Working Title)
with Pietro Cova and Rodrigo Harrison                                 August 2003
red bullet Presented at the European Economic Association Conference
Madrid, Spain , August 2004

Should Monetary Policy Target Asset Prices?”
(with Luis San Vicente Portes)                                            September 2005


red bulletMidwest Economics Association Conference                                March 2003 - present
red bulletSociety for Nonlinear Dynamics and Econometrics                        April 2008
red bulletNonlinear Dynamical Methods and Time Series Analysis               August 2006
red bullet Money, Macro & Finance Research Group 35th Annual Conference
   University of Cambridge, Cambridge, United Kingdom                  September 2003
red bulletNorth American Summer Meetings of the Econometric Society,
    Northwestern University, Evanston, Illinois, United States              June 2003

red bulletMidwest Economics Association Conference                                March 2003 - present

Refereeing Experience

red bulletQuarterly Review of Economics and Finance
red bullet Journal of Economics and Business

Professional Affiliations

American Economic Association

Econometric Society

Midwest Economics Association.

Teaching Experience

UW - Whitewater, Whitewater, WI, U.S.A.                         2004 - present
red bullet Principles of Macroeconomics
red bullet Money and Banking
red bullet Intermediate Macroeconomics
red bullet Business Cycles
red bullet Business Conditions Analysis
red bullet Advanced International Economics

Georgetown University, Washington D.C., U.S.A.                     8/99 - 2004
red bullet Mathematical Economics to incoming PhD students.               2000-2004
red bullet Macroeconomic Theory (Intermediate Macro)                       2000-2004

Teaching Assistant
red bullet Principles of Microeconomics (Head Teaching Assistant)
red bullet Principles of Macroeconomics courses.
red bullet Graduate Macroeconomics
red bullet International Finance

Other Work Experience

Research Assistant
red bullet
Research Assistant to Prof. William Jack                             Spring 2002

Gateway (formerly Gateway 2000), London, U.K.                   1995-1998
Technical Advisor
red bullet Worked as part of a team to maintain computers.
red bullet Interacted with potential clients with regards to technical inquiries.

Teaching Interests

Graduate:         Macroeconomics, Monetary Economics, International
                        Finance, Mathematical Economics
Undergraduate: Macroeconomics, Monetary Economics, International
                        Economics, Intermediate Microeconomics, Econometrics,
                        Mathematical Economics

Knowledge and Skills

Econometric Software:    Matlab, Gauss, Eviews;
Word Processors:              Microsoft Office, Scientific Workplace;
Web Design & Graphics: Adobe Dreamweaver, Fireworks, Flash,
                                          Adobe Photoshop.

Conversational French and Bengali. Knowledgeable in German.


Mark Skidmore
Department of Agricultural Economics
Michigan State University
East Lansing, Michigan 48824
Tel: (517) 353-9172

Dissertation Supervisor:

Behzad T. Diba
Department of Economics
Georgetown University
Washington DC 20007
Tel: (202) 687-5862

Thesis Advisors:

Matthew B. Canzoneri
Department of Economics
Georgetown University
Washington DC 20007
Tel: (202) 687-5911

Robert E. Cumby
Department of Economics
Georgetown University
Washington DC 20007
Tel: (202) 687-2990


My primary field of interest lies in monetary economics, although I have research interests that also lie in the area of international macroeconomics, threshold models, heterogenous agent models, and sticky price/wage models. I have published the results of my research in outlets like the Quarterly Review of Economics and Finance, Economics Letters, Applied Financial Economics and Journal of Economics and Finance. I am currently working on several research projects.

Broadly speaking, much of my current research involves the transmission mechanism of monetary policy, and in trying to identify channels by which monetary policy shocks impact the economy. I am also trying to find tractable means of incorporating heterogeneity into the existing representative agent framework.

The other broad strand of my research involves exchange rates and examining the extent to which they exhibit nonlinear dynamics. I am also interested in examining the role of expectations and moving away from the Rational Expectations paradigm by looking to see how the distribution of expectations may impact results from economic models.

Links to Other Resources



UWW Economics Related Sites

Departmental Workshops and Seminars

UW-Whitewater Economics Society


Job Sites For Economists

JOE (American Economic Association: Job Openings for Economists).

Inomics (Internet Site for Economists) (Academic Job Posting Site in the UK)

Social Science Research Network

e-JOE (Electronic JOE)


Links To Some Economist's Homepages

Lawrence J. Christiano

Jordi Gali

Fabio Ghironi's Homepage For Macroeconomic Policy In Closed And Open Economies

John Taylor

Michael Woodford


Programming Code

Dynare Code For Chapter 3 of Dissertation (appearing shortly)
NNS Model features:-
- capital accumulation
- capital utilisation
- heterogeneous households


Data, Resources & Other Links

EconLit (JEL Classification Codes)

RePEc (Research Papers in Economics)

JSTOR (Journal Storage for Scholarly works)

NBER (National Bureau of Economic Research)