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Shawkat Hammoudeh, PhD

Professor

Economics

Biography

Shawkat Hammoudeh is a Palestinian American citizen with a PhD in Economics from University of Kansas, USA. . He also had post-doctorate courses in Finance at Drexel University, USA, during 1989-1990.

After Graduation from University of Kansas, he joined Kuwait Institute for Scientific Research as an Associate Research Scientist in 1981. He then worked for OAPEC in Kuwait from 1983-1989 and was part of the Arab team that worked on the OAPEC/ENI Interdependence Model in Rome, Italy during the period 1983-1985. He also served on the Steering Committee of the Euro Arab Dialogue Project which was sponsored by OAPEC and the European Union in 1986-1987, and the Steering Committee for the project on exploring the future of the Arab Home Land executed by the Arab Unity Studies Center in Cairo, Egypt. During 1988-1989, he worked as a consultant with the World Bank working on Jordan’s Melody Energy-Economy in Amman, Jordan.

Since then he has been a faculty member at Drexel University, where he was promoted from Associate Professor to Professor in 2004. His fields of specialization include OPEC oil pricing strategies, commodity markets, envronmental economics, exchange rates and business cycles in the GCC bloc, stock markets in the GCC region and the MENA area, financial risk management for Islamic and conventional stock and sukuk markets. He serves as editor and co-editor of special editor of refereed journal and edited books, and a referee for many journals. He is an associate editor of Energy Economics and Global Review of Economics and Business Research and Brazilian Journal of Business Administration. Currently, he is a subject editor of Emerging Markets Review and Journal of International Financial markets, Institutions & Money.

Dr. Hammoudeh is a prolific researcher who has produced more than 230 articles in quality, refereed journals. SSNR repeatedly ranks him among the top 10% economics researchers in its programs. His RG score is above 41.4 which is considered among the highest scores given by Research Gate. His publications appeared in Journal of Banking & Finance, Journal of International Money & Finance, Energy Journal and Energy Economics, among others.

Dr. Hammoudeh has cooperated on joint projects with researchers from many countries including Turkey, Egypt, Saudi Arabia, Tunisia, India, Australia, France, Vietnam, South Korea, Taiwan, Portugal, Canada, Spain, Italy and the United States. He is also active in participating, organizing and chairing secessions for the Middle East Economics Association (MEEA) Chapter of ASSA and the Western Economics Association International (WEAI). He was the host of the 30thAnniversary dinner for the MEEA which took place in Philadelphia in 2005.

He is regularly interviewed by newspapers and radio and TV stations on current issues related to oil and commodities

Areas of Expertise

  • International Economics
  • Financial Economics
  • Agricultural and Natural Resource Economics
  • Natural Resource Economics
  • Applied Econometrics
  • Islamic Finance
  • Energy Economics
  • BRICS Financial Markets
  • Eurozone Equity Markets
  • Financial Economics, natural resources and environmental economics
  • Environmental Economics
  • Economics/Managerial Economics

Selected Works

Articles

Hammoudeh, Shawkat, Tiwari, A.K., Jena, S.K., and Trabelsi, N., Conditional transmission of global shocks to emerging stock markets: evidence from the quantile connectedness network analysis. Applied Economics 54 (Forthcoming):3621-3634.

Hammoudeh, Shawkat, Olayeni, O. R., Olufunmilayo, O., and Tiwari, A.K., FDI Inflows Threshold and the Energy Consumption-Economic Growth Nexus in sub-Saharan Africa: A Threshold Lag-Augmented VAR Approach. The Energy Journal 44 (Forthcoming).

Hammoudeh, Shawkat, Mokni, K., Mensi, W., and Ajmi, A. N., Do Green bonds, hedge and safe-haven proprieties protect against oil price shocks and uncertainty? A comparison with European government bills, US T-bills, and gold. Resources Policy (Forthcoming).

Hammoudeh, Shawkat, Selmi, R., and Wohar, M., Is COVID-19 Related Anxiety an Accelerator for Responsible and Sustainable Investing ? A Sentiment Analysis.. Applied Economics (Forthcoming).

Hammoudeh, Shawkat, Non-linear analysis of Government expenditure and tax rate on income inequality in India. Journal of Public Affairs (Forthcoming).

Hammoudeh, Shawkat, Khalifa, A, Caporin, M., and Costola, M., Systemic risk for financial institutions in tthe major petroleum-based economies: The role of oil. The Energy Journal (Forthcoming).

Hammoudeh, Shawkat, Asymmetric determinants of CDS spreads: U.S. Industry-level evidence through the NARDL approach. Economic Modeling 60 (Forthcoming):211-230.

Hammoudeh, Shawkat, Mensi, W., Sang, S-H., and Nguyen, D. K, Dynamic Global Linkages of the BRICS Stock Markets with the U.S. and Europe under External Crisis Shocks: Implications for Portfolio risk Forecasting. World Economy 39 (Forthcoming):1703-1727.

Hammoudeh, Shawkat, Naifar, N., and Al Dohaiman, M., Dependence Structure between Sukuk (Islamic Bonds) and Stock market Conditions: An Empirical Analysis with Archimedean Copulas. Journal of International Financial Markets, Institutions and Money 44 (Forthcoming):148-165.

Hammoudeh, Shawkat, Khalifa, A., Otranto, E., and Ramchander, S., Volatility transmission across currencies and commodities with US uncertainty measures. North American Journal of Economics and Finance 37 (Forthcoming):63-83.

Hammoudeh, Shawkat, Mensi, W., and Kang, H. S., Precious Metals, Cereal, Oil and Stock Market Linkages and Portfolio Risk Management: Evidence from Saudi Arabia. Economic Modelling 51 (Forthcoming):340-358.

Hammoudeh, Shawkat, Sarafrazi, S., and Balcilar, M., Interactions between Real Economic and Financial sides in the U.S. Economy in a Regime-Switching Environment. Applied Economics 47 (Forthcoming):6493-6518.

Hammoudeh, Shawkat, Nguyen, D. K., and Sousa, R. M., US monetary policy and sectoral commodity prices. Journal of International Money and Finance 57 (Forthcoming):61-85.

Hammoudeh, Shawkat, Ajmi, A. N., Nguyen, D. K, and Khalifa, A, Causality across international equity and commodity markets: When asymmetry and nonlinearity matter. Applied Financial Letters 41 (Forthcoming):257-266.

Hammoudeh, Shawkat, Eye, G., Gupta, R., and Kim, W. J., Forecasting the price of gold using dynamic model averaging. International Review of Financial Analysis 41 (Forthcoming):257-266.

Hammoudeh, Shawkat, Balcilar, M., and Asaba, N-A. F., A regime-dependent assessment of the information transmission dynamics between oil prices, precious metal prices and exchange rate. International Review of Economics and Finance 40 (Forthcoming):72-89.

Hammoudeh, Shawkat, Balcilar, M., and Gungor, H., The time-varying causality between spot and futures crude oil prices: A regime switching approach. International Review of Economics and Finance 40 (Forthcoming):51-71.

Hammoudeh, Shawkat, and MeAleer, M., Advances in financial risk management and economic policy uncertainty: An overview. International Review of Economics and Finance 40 (Forthcoming):1-7.

Hammoudeh, Shawkat, Sarafrazi, S., and Kim, W. J., Sources of Fluctuations in Islamic, U.S., EU and Asia Equity Markets: The Roles of Economic Uncertainty, Interest Rates. Emerging Markets Finance and Trade. 52 (Forthcoming):1195-1209.

Hammoudeh, Shawkat, Otrano, E, and Khalifa, A, Extracting portfolio management strategies from volatility transmission models in regime-changing environments: Evidence from GCC and global markets. Economic Modeling 41 (Forthcoming):365-374.

Hammoudeh, Shawkat, Gupta, Rangan, and Kim, Won Joong, Forecasting China’s Foreign Exchange Reserves Using Dynamic Model Averaging: The Role of Macroeconomic Fundamentals, Financial Stress and Economic Uncertainty. North American Journal of Economics and Finance 28 (Forthcoming):170-189.

Hammoudeh, Shawkat, Balcilar, Mehmet, and Demirer, Riza, What Drives Herding in Oil-Rich, Developing Stock Markets? Relative Roles of Own Volatility and Global Factors. North American Journal of Economics and Finance 29 (Forthcoming):418-440.

Hammoudeh, Shawkat, Jeon, Bang Nam, and Li, Huimin, Causality and Volatility Spillovers Among Petroleum Prices of WTI, Gasoline and Heating Oil in Different Locations. North American Journal of Economics and Finance 14 (Forthcoming):89-114.

Eleisa, E., and Hammoudeh, Shawkat, Dynamic Relationships Among GCC Stock Markets and NYMEX Oil Futures. Contemporary Economic Policy 22 (Forthcoming):250-269.

Hammoudeh, Shawkat, and Madan, Vibhas, The Dynamic Stability of OPEC’s Oil Pricing Mechanism. Energy Economics 14 (Forthcoming):66-71.

Hammoudeh, Shawkat, and Tang, Linghui, An Empirical Exploration of World Oil Price Under the Target Zone Model. Energy Economics 24 (Forthcoming):525-649.

Aleisa, E., Dibooglu, S., and Hammoudeh, Shawkat, Relationships Among US Oil Prices and Oil Industry Equity Indices. International Review of Economics and Finance 13 (Fall 2004):427-453.

Covarrabias, G., Ewing, B., and Hammoudeh, Shawkat, Volatility of the UK Basis: Persistence and Sudden Changes. Finance Letters (Forthcoming).

Ayyash, Salman, and Hammoudeh, Shawkat, Optimal Allocation of Pure Photovoltaic and Conventional Electricity Supplied to a Constant Demand Load. Energy Journal 10 (Forthcoming).

Hammoudeh, Shawkat, Oil Target Zones, Mean Reversion and Zone Readjustments. Southern Economic Journal 62 (Forthcoming).

Hammoudeh, Shawkat, and Li, Huimin, The Impact of the Asian Crisis on the Behavior of US and International Petroleum Prices. Energy Economics 26 (Forthcoming):135-160.

Hammoudeh, Shawkat, and Li, Huimin, Oil Sensitivity and Systematic Risk in Oil-Sensitive Stock Markets. Journal of Economics and Business 57 (Forthcoming):1-21.

Hammoudeh, Shawkat, and Li, Huimin, Risk Return Relationships in Oil-Sensitive Stock Markets. Finance Letters (Forthcoming).

Ayyash, Salman, and Hammoudeh, Shawkat, Economic Analysis for Energy Management for Cooling Systems in Kuwait. Energy 10 (Forthcoming).

Hammoudeh, Shawkat, and Madan, Vibhas, Escaping the Tolerance Trap: Implications of Rigidity in OPEC’s Quantity Adjustment Mechanism. Energy Economics 16 (Forthcoming):3-8.

Hammoudeh, Shawkat, Karim, M.M., Ali, M.H., Yarovaya, L., and Uddin, M,H., Return-volatility relationships in cryptocurrency markets: Evidence from asymmetric quantiles and non-linear ARDL approach. International Review of Financial Analysis 90 (Sep 2023).

Hammoudeh, Shawkat, Khakbaz, A., Tirkolaee, E.B., and Simic, V., The combined effects of interest and inflation rates on inventory systems: A comparative analysis across countries. International Journal of Production Economics 266 (Dec 2023).

Hammoudeh, Shawkat, Badur, M.S., Sohag, K., and Salah Uddin, G., Costs of Economic Growth: New Insights on Wealth and Income Inequalities. Post-Communist Economies (Jul 2023).

Hammoudeh, Shawkat, and Pathak, J., Impact of energy-related discussions on post-filing volatility and returns in the U.S.&#-775232;. Energy Economics 125 (Sep 2023).

Hammoudeh, Shawkat, Adeabah, D., Abakah, E.J.A, and Tiwari, A.K., How far have we come and where should we go after 30+ years of research on Africa&#-775232;s emerging equity markets. Emerging Markets Review 55 (Jun 2023).

Hammoudeh, Shawkat, Shahbaz, M., Islam, A., and A. Soliman, A., Oil Prices and Geopolitical Risk: Fresh Insight based on Granger-Causality in Quantiles Analysis. International Journal of Finance and Economics (Mar 2023).

Hammoudeh, Shawkat, Roudari, S., and Ahmadian-Yazdi, F., Sanctions and Iranian Stock Market: Does the Institutional Quality Matter?. Borsa Istanbul Review (Mar 2023).

Hammoudeh, Shawkat, Doytch, N., and Elhedad, M., The Financial Kuznets Curve of Energy Consumption: Global Evidence. Energy Policy 177 (Mar 2023).

Hammoudeh, Shawkat, Balcilar, M., and Elsayed, A. H., Financial Connectedness and Risk Transmission among MENA Countries: Evidence from Connectedness Network and Clustering Analysis. Journal of International Financial Markets, Institutions & Money 82 (Oct 2022).

Hammoudeh, Shawkat, Mensi, W., Ur Rehman, M, and Kim, W.J., How Macroeconomic Factors Drive the Linkages between Inflation and Oil Markets in Global Economies? A Multiscale Analysis. International Economics 173 (May 2023):212-232.

Hammoudeh, Shawkat, Zeqiraj, V., and Sohag, K., Financial Inclusion in Developing Countries: Do Quality Institutions Matter?. Journal of International Financial Markets. Institutions & Money 81 (Oct 2022).

Hammoudeh, Shawkat, Tiwari, A.K., and Abakah, E.J.A, What Do we Know about the Price Spillovers between Green Bond and Islamic Stocks and Stock Market Indices. Global Finance Journal 55 (Nov 2022).

Hammoudeh, Shawkat, and Veeramoothoo, S, Impact of Basel III Liquidity Regulations on U.S. Bank Performance in Different Conditional Profitability Spectrums. THE NORTH AMERICAN JOURNAL OF ECONOMICS AND FINANCE 63 (Oct 2022).

Hammoudeh, Shawkat, Mokni, K., Mensi, W., and Ajmi, A. N., Green bonds and oil price shocks and uncertainty: A safe haven analysis. International Economics 172 (Nov 2022):238-254.

Hammoudeh, Shawkat, Tiwari, A.K., Shahbaz, M., and Khalfaoui, R., Directional predictability from energy markets to exchange rates and stock markets in the Emerging market countries (E7+1): New evidence from cross-quantilogram approach.. International Journal of Economics & Finance (Oct 2022).

Hammoudeh, Shawkat, Sohag, K., and Gainetdinova, A., Dynamic Connectedness among Vaccine Companies & Stock Prices:. Mathematics (Aug 2022).

Hammoudeh, Shawkat, Jena, S.K., Tiwari, A.K., and Abakah, Emmanuel Joel Aikins, The Connectedness in the World Petroleum Futures Markets Using a Quantile VAR Approach.&#-775232; Journal of Commodity Markets. Journal of Commodity Markets 27 (Aug 2022).

Hammoudeh, Shawkat, Jena, S.K., Tiwari, A.K., and Abakah, Emmanuel Joel Aikins, The Connectedness in the World Petroleum Futures Markets Using a Quantile VAR Approach.&#-775232; Journal of Commodity Markets. Journal of Commodity Markets 27 (Aug 2022).

Hammoudeh, Shawkat, Do pandemic, trade policy and world uncertainties affect oil price returns?. Resources Policy 77 (Aug 2022).

Hammoudeh, Shawkat, Islam, M.M, and Sohag, K., Minerals import demands and clean energy transitions: A disaggregated analysis. Energy Economics 113 (Sep 2022).

Hammoudeh, Shawkat, Trabelsi, N., and Tiwari, A.K., Spillovers and directional predictability between international energy commodities and their implications for optimal portfolio and hedging. The North American Journal of Economics & Finance 62 (Nov 2022).

Hammoudeh, Shawkat, and Khalfaoui, R., The role of political risk, uncertainty, and crude oil in predicting stock markets: Evidence from the UAE economy. Annals of Operations Research (Jul 2022).

Hammoudeh, Shawkat, Mujtaba, A, Jena, P.K., and Mishra, B.R., Do Economic Growth, Energy Consumption and Population damage the Environmental Quality? Evidence from Five Regions Using the Nonlinear ARDL Approach. Environmental Challenges 8 (Aug 2022).

Hammoudeh, Shawkat, Sohag, K., and Elsayed, A. H., Do Geopolitical Events Transmit Opportunity or Threat to Green Markets? Decomposed Measures of Geopolitical Risks. Energy Economics 111 (Jul 2022).

Hammoudeh, Shawkat, Dash, A., and Jena, S.K., Dynamics between power consumption and sectoral economic growth: Evidence from the frequency domain causality. Journal of Risk and Financial Management 15 (May 2022).

Hammoudeh, Shawkat, Jana, R.K, Tiwari, A.K., and Albulescu, C., Financial modeling, risk management of energy and environmental instruments and derivatives: past, present, and future. Annals of Operations Research 313 (May 2022):1-7.

Hammoudeh, Shawkat, Selmi, R., and Sousa, R. M., The Dual Shocks of the COVID-19 and the Oil Price Collapse: A Spark or a Setback for the Circular Economy?. Energy Economics 109 (May 2022).

Hammoudeh, Shawkat, Tiwari, A.K., and Abakah, Emmanuel Joel Aikins, Time-varying dependence dynamics between international commodity prices and Australian industry stock returns: Perspective for portfolio diversification. Energy Economics 108 (Apr 2022).

Hammoudeh, Shawkat, Mensi, Walid, and Choi, J. S., Spillovers between exchange rate pressure and CDS bid-ask spreads, reserve assets and oil prices using the quantile ARDL model. International Economics 170 (Feb 2022):66-78.

Hammoudeh, Shawkat, The effects of public sentiments and feelings on stock market behavior: Evidence from Australia. Journal of Economic Behavior and Organization 193 (Dec 2021):443-472.

Hammoudeh, Shawkat, Mokni, K., and Ajmi, A. N., Distributional predictability between oil prices and renewable energy stocks: Is there a role for the COVID-19 pandemic. Energy Eonomics 103 (Aug 2021).

Hammoudeh, Shawkat, Tanin, T.I., Sarker, A., and Shahbaz, M., Do volatility indices diminish gold’s appeal as a safe haven to investors before and during the COVID-19 pandemic?. Journal of Economic Behavior and Organization 191 (Sep 2021):214-235.

Hammoudeh, Shawkat, Mensi, W., Vo, Xuan Vinh, and Kang, H S., Volatility Spillovers between Oil and Equity Markets and Portfolio Risk Implications in US and Vulnerable EU Countries&#-775232;. Journal of International Financial, Markets, Institutions & Money 75 (Oct 2021).

Hammoudeh, Shawkat, Hamdi, B., and Alqahtani, F., Impacts of Global factors on the Saudi Arabia equity market by firms size: implications for risk management based on Quantile analysis and frequency domain causality. Journal of Multinational Financial Management 61 (Sep 2021).

Hammoudeh, Shawkat, Al-Qahtani, F., and Hkiri, B, Impacts of Global factors on the Saudi Arabia equity market by firms size: implications for risk management based on Quantile analysis and frequency domain causality. Journal of Multinational Financial Management 61, September 2021, 100665 (Sep 2021).

Hammoudeh, Shawkat, Khalfaoui, R., Tiwari, A.K., and Kablan, K., Interdependence and Lead-Lag Relationships between Oil and Metal Markets: Fresh Insights from the Wavelet and Quantile Coherency Approaches. Energy Economics 101 (Jun 2021).

Hammoudeh, Shawkat, Elsayed, A. H., and Sousa, R.M., Inflation Synchronization among the G7and China: The Important Role of Oil Inflation. Energy Economics 100 (Sep 2021).

Hammoudeh, Shawkat, Selmi, R., Ben Youssef, A., and Wohar, M., The energy transition, Trump energy agenda and COVID-19. International Economics 165 (Jan 2021):140-153.

Hammoudeh, Shawkat, and Ajmi, A. N., Detection of bubbles in WTI, brent, and Dubai oil prices: A novel double recursive algorithm. Resources Policy 70 (Dec 2020).

Hammoudeh, Shawkat, Innovation, militarization, and renewable energy and green growth in OECD countries. Environmental Science and Pollution Research 28 (Mar 2021):36004-775232.

Hammoudeh, Shawkat, Trabelsi, N., Gozgor, G., and Tiwari, A., Stock Exchange Sectoral Indices: New Evidence for Portfolio Risk Management. Research in International Business and Finance 55 (Aug 2020).

Hammoudeh, Shawkat, Saudi Arabian Equity Markets and Islamic Finance. Review of Behavioral Finance (Jan 2021).

Hammoudeh, Shawkat, Mokni, K., Ajmi, A.N., and Youssef, M., Does economic policy uncertainty drive the dynamic connectedness between oil price shocks and the gold price?. Resources Policy 69 (Aug 2020).

Hammoudeh, Shawkat, Selmi, R., and Bouioyour, J., Global and Country-Specific Uncertainty Fluctuations in Major Oil-Producing Countries: A Comparative Study. Journal of Economic Integration 34 (Dec 2020):724-750.

Hammoudeh, Shawkat, Jena, Sangram Keshari, Tiwari, A., and Dogan, Buhari, Are the top six cryptocurrencies efficient? Evidence from time-varying long memory. International Journal of Finance & Economics (Nov 2020):1-11.

Hammoudeh, Shawkat, Tiwari, A., Pradhan, H., and Mishra, B.R., Macroeconomic factors and frequency domain causality between Gold and Silver returns in India. Resources Policy 68 (Jun 2020).

Hammoudeh, Shawkat, Khalfaoui, R., Tiwari, A., and Padhan, H., Understanding the time-frequency dynamics of money demand, oil prices and macroeconomic variables: The case of India. Resources Policy 68 (Jun 2020).

Hammoudeh, Shawkat, Shahbaz, M., Kablane, K., and Nasi, M.A., Environmental Implications of Increased US Oil Production and Liberal Growth Agenda in Post-Paris Agreement Era. Journal of Environment Management 271 (Jul 2020):110785.

Hammoudeh, Shawkat, Agnelo, L., Castro, V., and Sousa, R., Global factors, uncertainty, weather conditions and energy prices: On the drivers of the duration of commodity price cycle phases. Energy Eonomics 90 (Jul 2020).

Hammoudeh, Shawkat, Jenna, S.K., and Tiwari, A., Dynamics of FII flows and stock market returns in a major developing country: How does economic uncertainty matter?. The World Economy 43 (Jun 2019):2033-2284.

Hammoudeh, Shawkat, Paramati, S.R., Hafeez, K., and Alam, M.S., Long run relationship between R&D investment and environmental sustainability: Evidence from the European Union member countries. International Journal of Finance and Economics (Aug 2020).

Hammoudeh, Shawkat, Elheddad, M., Djellouli, A.K., and Tiwari, A., The relationship between energy consumption and fiscal decentralization: Evidence from Chinese provinces. Journal of Environment Management 264 (Jun 2020):110474.

Hammoudeh, Shawkat, Madaleno, M., Buhari, D., and Tiwari, A., Impacts of Export Quality on Environmental Degradation: Does Income Matter?. Environmental Science and Pollution Research 27 (Feb 2020).

Hammoudeh, Shawkat, Mensi, W., Ur Rehman, M, Al-Maadid, A. A., and Kang, S.H., Dynamic risk spillovers and portfolio risk management between precious metals and global foreign exchange markets. THE NORTH AMERICAN JOURNAL OF ECONOMICS AND FINANCE 51 (Oct 2019).

Hammoudeh, Shawkat, Bouioyour, J., Selmi, R., and Wohar, M., What are the categories of geopolitical risks that could drive oil prices higher? Acts or threats?&#-775232;. Energy Economics 84 (Oct 2019).

Hammoudeh, Shawkat, Gozgor, Giray, Shahbaz, M., and Adom, P. K., The Technical Decomposition of Carbon Emissions and the Concerns about FDI and Trade Openness Effects in the United States. International Economics 159 (May 2019):56-73.

Hammoudeh, Shawkat, Trabelsi, N., Tiwari, A.K., and Al-Qahtani, F., Analyzing systemic risk and time-frequency quantile dependence between crude oil prices and BRICS equity markets indices: A New Look. Energy Economics 83 (Sep 2019):445-466.

Hammoudeh, Shawkat, Zeqiraj, V., Iskenderoglu, O., and Tiwari, A.K., Banking sector performance and economic growth: evidence from Southeast European countries. Post-Communist Economies (Aug 2019).

Hammoudeh, Shawkat, and Khraief, N., How Do Carbon Emissions Respond to Economic Shocks? Evidence from Low-, Middle-, and High-Income Countries.. Journal of Energy and Development 44 (Jul 2019):157&#-775232;191.

Hammoudeh, Shawkat, Al Jarrah, I. W., and Abdelqader, K. S., How do Bank Features Affect Scale Economies? Evidence from the Banking Sectors of Oil-Rich GCC Emerging Markets. Emerging Markets Reviews 49 (Jul 2019):3523-3537.

Hammoudeh, Shawkat, Quantile relationship between oil and stock returns: Evidence from emerging and frontier stock markets. Energy Policy 143 (Jul 2019):1-14.

Hammoudeh, Shawkat, Mensi, W., Al Yahyaee, K., and Hkiri, B., Long-Run Relationships between US Financial Credit Markets and Risk Factors: Evidence from the Quantile ARDL Approach. Finance Research Letters 29 (Mar 2019):101-110.

Hammoudeh, Shawkat, Hernandez, J. A., Al Yahaee, K.H., and Mensi, W., Tail dependence risk exposure and diversification potential of Islamic and conventional banks. Applied Economics 51 (Apr 2019):4856-4869.

Hammoudeh, Shawkat, Mensi, W., Tiwari, A., and Al-Yahyaee, K. H., Impact of Islamic banking development and major macroeconomic variables on economic growth: Evidence from panel smooth transition models. Economics System 44 (Dec 2019).

Hammoudeh, Shawkat, Nasir, M. A., Al-Emadi, A.A, and Shahbaz, M., Importance of oil shocks and the GCC macroeconomy: A structural VAR analysis. Resources Policy 61(c) (Jun 2019):166-179.

Hammoudeh, Shawkat, Shahzad, Jawad H. K, Mahalik, M. K., and Shahbaz, M., Does the Environmental Kuznets Curve Exist between Globalization and Energy Consumption? Global Evidence from the Cross-Correlation Method. International Journal of Finance and Economics 24 (Oct 2018):540-557.

Hammoudeh, Shawkat, Mensi, W., Kang, H S., Al Jarrah, I. W., and Al Yahaee, K.H., Risk spillovers and hedging effectiveness between major commodities, and Islamic and conventional GCC banks.. Journal of International Financial Markets, Institutions and Money 60 (May 2019):68-88.

Hammoudeh, Shawkat, Mensi, W., Shahzad, Jawad H. K, and Al Yahaee, K.H., Asymmetric impacts of public and private investments on the non-oil GDP of Saudi Arabia. International Economics 156 (Oct 2017):15-30.

Hammoudeh, Shawkat, Solarin, S., and Shahbaz, M., Sustainable economic development in China: Modelling the role of hydroelectricity consumption in a multivariate framework. Energy 168 (Feb 2019):516-531.

Hammoudeh, Shawkat, Shahbaz, M., and Gozgor, G., Human capital and export diversification as new determinants of energy demand in the United States. Energy Economics 78 (Feb 2019):335-349.

Hammoudeh, Shawkat, Jena, S.K., Tiwari, A., and Roubaud, D., Distributional predictability between commodity spot and futures: Evidence from nonparametric causality-in-quantiles tests. Energy Economics 78 (Feb 2019):615-628.

Hammoudeh, Shawkat, Saeed, Abubakr, Ding, Yuhua, and Ahmad, Ishtiaq, Taxing Impact of Terrorism on Global Economic Openness of developed and Developing Countries. Acta Economica (impact factor: 0.379): an article with an undergraduate student 68 (Sep 2018):311&#-775232;335.

Hammoudeh, Shawkat, and Reboredo, J. C., Oil price dynamics and market-based inflation expectations. Energy Economics 75 (Aug 2018):484-491.

Hammoudeh, Shawkat, Selmi, R., and Tiwari, A.K., Efficiency or speculation? A dynamic analysis of the Bitcoin market. Economics Bulletin 38 (Aug 2019):2037-2036.

Hammoudeh, Shawkat, Alam, Md. Samsul, and Tiweri, A. K., The nexus between access to electricity and labour productivity in developing countries. Energy Policy 122 (Aug 2018):715-726.

Hammoudeh, Shawkat, Neifer, N. A., and Tiweri, A. K., Do energy and banking CDS sector spreads reflect financial risks and economic policy uncertainty? A time-scale decomposition approach. Computational Economics (Jul 2018):1-28.

Hammoudeh, Shawkat, Industry-level determinants of the linkage between credit and stock markets. Applied Economics 50 (Jun 2018):5277-5301.

Hammoudeh, Shawkat, Beikoris, S., Nguyen, D.K., and Jammazi, R., Sovereign bond market dependencies and crisis transmission around the eurozone debt crisis: a dynamic copula approach. Applied Economics 50 (May 2018):5031-5049.

Hammoudeh, Shawkat, Al Manun, Md, and Sohag, Kazi, Financial markets, innovations and cleaner energy production in OECD countries. Energy Economics 72 (May 2018):236-254.

Hammoudeh, Shawkat, Solarin, S. A., and Shahbaz, M., Influence of Economic Factors on Disaggregated Islamic Banking Deposits: Evidence with Structural Breaks in Malaysia. Journal of International Financial Markets, Institutions & Money 55 (Feb 2018):13-28.

Hammoudeh, Shawkat, Shahbaz, M., Lahiani, A., and Abosedra, S., The role of globalization in energy consumption: A quantile cointegrating regression approach. Energy Economics 71 (Mar 2018):161-170.

Hammoudeh, Shawkat, Sayari, N, and Sari, R., The impact of value added components of GDP and FDI on economic freedom in Europe. Economic Systems 42 (Jun 2018):282-294.

Hammoudeh, Shawkat, Hkiri, Besma, and Aloui, C., The interconnections between U.S. financial CDS spreads and control variables: New evidence using partial and multivariate wavelet coherences. International Review of Economics & Finance (Feb 2018).

Hammoudeh, Shawkat, Mensi, W., Yoon, M. S., and Sensoy, A., Analyzing dynamic linkages and hedging strategies between Islamic and conventional sector equity indexes. Applied Economics 49 (Oct 2017):2456-2479.

Hammoudeh, Shawkat, Hernandez, Jose, Al-Janabi, M., and Nguyen, D. K, Global financial crisis and dependence risk analysis of sector portfolios: a vine copula approach. Applied Economics 49 (Nov 2017):2409-2427.

Hammoudeh, Shawkat, Shahzad, Jawad H. K, Mensi, W., and Ur Rehman, M, Extreme dependence and risk spillovers between oil and Islamic stock markets. Emerging Markets Review 34 (Fall 2017):42-63.

Hammoudeh, Shawkat, Shahbaz, M., Solarin, S., Hammoudeh, S., and Shahzad, Jawad H. K, Bounds Testing Approach to Analyzing the Environment Kuznets Curve Hypothesis: The Role of Biomass Energy Consumption in the United States with Structural Breaks.. Energy Economics 68(C) (Oct 2017):548-565.

Hammoudeh, Shawkat, Shahzad, Jawad H. K, Mensi, W., Hammoudeh, S., Balcilar, M., and Shahbaz, M., Distribution specific dependence and causality between industry-level U.S. credit and stock markets. Journal of International Financial Markets, Institutions & Money (Sep 2017).

Hammoudeh, Shawkat, Mensi, W., Hammoudeh, S., and Al-Jarrah, I. M. W, Dynamic risk spillovers between gold, oil prices and conventional, sustainability and Islamic equity aggregates and sectors with portfolio implications. Energy Economics 67 (Sep 2017):454-475.

Hammoudeh, Shawkat, Mensi, W., Hammoudeh, S., and Al-Yahyaee, K. H., Oil and foreign exchange market tail dependence and risk spillovers for MENA, emerging and developed countries: VMD decomposition based copulas. Energy Economics 65 (Sep 2017):183-193.

Hammoudeh, Shawkat, Mensi, W., and Hammoudeh, S., Diversification potential of Asian frontier, BRIC emerging and major developed stock markets: A wavelet-based value at risk approach. Emerging Markets Review 32 (Jun 2017):130-147.

Hammoudeh, Shawkat, Shahbaz, M., Mallick, H., and Mahalik, M. K., Is globalization detrimental to financial development? Further evidence from a very large emerging economy with significant orientation towards policies. Applied Economics (Jun 2017):1-22.

Hammoudeh, Shawkat, Shahbaz, M., Shafiullah, M., Papavassiliou, G., and Hammoudeh, S., The CO2-Growth nexus revisited: A nonparametric analysis for G7 economies over nearly two centuries. Energy Economics 65 (Jun 2017):183-193.

Hammoudeh, Shawkat, Mensi, W., Hammoudeh, S., and Kang, H S., Risk spillovers and portfolio management between developed and BRICS stock markets. THE NORTH AMERICAN JOURNAL OF ECONOMICS AND FINANCE 41 (Apr 2017):133-155.

Hammoudeh, Shawkat, Khalifa, A, Caporin, M., and Hammoudeh, S., The relationship between oil prices and rig counts: The importance of lags. Energy Economics 63 (Mar 2017):213-226.

Hammoudeh, Shawkat, Mensi, W., Hammoudeh, S., and Shahzad, Jawad H. K, Modelling systemic risk and dependence structure between oil and stock markets using a variational mode decomposition-based copula method. Journal of Banking and Finance 75 (Feb 2017):258-279.

Hammoudeh, Shawkat, Shahbaz, M., Nasreen, S., Ahmed, K., and Hammoudeh, S., Trade Openness-Carbon Emissions Nexus: The Importance of Turning Points of Trade Openness for Country Panels. Energy Economics 61 (Jan 2017):221-232.

Hammoudeh, Shawkat, Mensi, W., Hammoudeh, S., and Kang, H S., Dynamic linkages between developed and BRICS stock markets: portfolio risk analysis. Finance Research Letters 21 (Mar 2017):26-33.

Hammoudeh, Shawkat, Agnello, L. V., Catro, V., Hammoudeh, S., and Sousa, R. M., Spillovers from the Oil Sector to the Housing Market Cycle. Energy Economics 61 (Jan 2016):209 - 220.

Hammoudeh, Shawkat, Ben Youssef, A., Hammoudeh, S., and Omri, A., Simultaneity Modeling Analysis of the Environmental Kuznets Curve Hypothesis. Energy Economics 60 (Fall 2016):266-274.

Hammoudeh, Shawkat, Shahzad, Jawad H. K, Nor, S., Hammoudeh, S., and Shahbaz, M., Directional and bidirectional causality between U.S. industry credit and stock markets and their determinants&#-775232;.. International Review of Economics and Finance 47 (Fall 2016):46-61.

Hammoudeh, Shawkat, and Naifar, N., Do global financial distress and uncertainties impact GCC and global sukuk return dynamics?. Pacific-Basin Finance Journal 39 (May 2016):57&#-775232;69.

Hammoudeh, Shawkat, Mensi, W., and Tiwari, A., Evidence on hedges and safe havens for Gulf Stock markets using the wavelet-based quantile. Emerging Markets Review (Aug 2016).

Hammoudeh, Shawkat, Lahiani, A., and Gupta, R., Linkages between Financial Sector CDS Spreads and Macroeconomic Influence in a Nonlinear Setting. International Review of Economics & Finance 43 (Jan 2016):443-456.

Hammoudeh, Shawkat, Miah, F, and Khalifa, A, Further Evidence on the Rationality of Interest Rate Expectations: A Comprehensive Study of Developed and Emerging Economies. Economic Modeling 54 (Feb 2016):574-590.

Hammoudeh, Shawkat, Hernandez, J. A., and Nguyen, D. K, Time Lag Dependence, Cross-correlation and Risk Analysis of US Energy and Non-Energy Stock Portfolios. Journal of Asset Management 16 (Apr 2016):467&#-775232;483.

Hammoudeh, Shawkat, Risk spillovers across the energy and carbon markets and hedging strategies for carbon risk. Energy Economics 54 (Nov 2015):159&#-775232;172.

Hammoudeh, Shawkat, Mansi, W., and Yoon, S-M., Asymmetric linkages between BRICS stock returns and country risk ratings: Evidence from dynamic panel threshold models. Review of International Economics 24 (Feb 2016):1-19.

Hammoudeh, Shawkat, Mwamba, John W. Muteba, and Gupta, R., Financial Tail Risks in Conventional and Islamic Stock Markets: A Comparative Analysis. Pacific-Basin Finance Journal (Jan 2016).

Hammoudeh, Shawkat, and Mensi, W., Global Financial Crisis and Spillover Effects among the U.S. and BRICS Stock Markets. International Review of Economics and Finance 42 (Nov 2015):257-276.

Hammoudeh, Shawkat, Balcilar, M., and Demirer, R., Global Risk Exposures and Industry Diversification with Shariah-compliant Equity Sectors. Pacific Basin Financial Journal 35 (Nov 2015):499-520.

Hammoudeh, Shawkat, Khalifa, A, and Caporin, M., Spillovers between Energy and FX Markets: The Importance of Asymmetry, Uncertainty and Business Cycle. Energy Policy 87 (Aug 2015):72-82.

Hammoudeh, Shawkat, Balcilar, M., and Demirer, D., Regional and Global Spillovers and Diversification Opportunities in the GCC Equity Sectors. Emerging Markets Review 24 (Jul 2015):160–187.

Hammoudeh, Shawkat, Aloui, R., and Nguyen, D. K, A time-Varying Copula Approach to Oil and Stock Market Dependence: The Case of Transition Economies.. Energy Economics 39 (May 2013):208-221.

Hammoudeh, Shawkat, Hamida, H. B., and Aloui, C., Price discovery and regime shift behavior in the relationship between sharia stocks and sukuk: A two-state Markov switching analysis. Pacific Basin Financial Journal 34 (Jul 2015):121-135.

Hammoudeh, Shawkat, Mensi, W., Reboredo, J. C., and Nguyen, D. K, Are Sharia Stocks, Gold and U.S. Treasuries Hedges and Safe Havens for the Oil-Based GCC Markets?. Emerging Markets Review 24 (May 2015):101-121.

Hammoudeh, Shawkat, Bekiros, S., Hernandez, J. A., and Nguyen, D. K, Multivariate dependence risk and portfolio optimization: An application to mining stock portfolios. Resources Policy 46 (Aug 2015):1-11.

Hammoudeh, Shawkat, Lahiani, A, Nguyen, D. K, and Sousa, R., An empirical analysis of energy cost pass-through to CO2 emission prices. Energy Eonomics 49 (May 2015):149–156.

Hammoudeh, Shawkat, Ajmi, A. N., Nguyen, D. K, and Sato, J. R., On the relationships between CO2 emissions, energy consumption and income: The importance of time variation. Energy Economics 49 (Feb 2015):629-638.

Hammoudeh, Shawkat, Nazlioglu, S., Hammoudeh, S., and Gupta, R., Volatility transmission between Islamic and conventional equity markets: evidence from causality-in-variance test. Applied Economics 47 (Mar 2015):4996-5011.

Hammoudeh, Shawkat, and Aloui, C., Co-movement between sharia stocks and sukuk in the GCC markets: A time-frequency analysis. Journal of International Financial Markets, Institutions and Money 34 (Jan 2015):69-79.

Hammoudeh, Shawkat, Gupta, R., Jooste, C., and Balcilar, M., Are there long-run diversification gains from the Dow Jones Islamic finance index?. Applied Economic Letters 22 (Nov 2014):945-950.

Hammoudeh, Shawkat, and Hamida, Hela B., Global factors driving structural changes in the co-movement between sharia stocks and sukuk in the Gulf Cooperation Council countries. North American Journal of Economics and Finance 31 (Dec 2014):311–329.

Hammoudeh, Shawkat, Dependence of stock and commodity futures markets in China: Implications for portfolio investment. Emerging Markets Review 21 (Dec 2014):183–200.

Hammoudeh, Shawkat, Nguyen, D. K, and Sousa, R., What explain the short-term dynamics of the prices of CO2 emissions?. Energy Economics 46 (Nov 2014):122–135.

Hammoudeh, Shawkat, Mensi, Walid, Reboredo, J.C., and Nguyen, D. K, Dynamic dependence of Global Islamic stock index with global conventional indexes and risk factors. Pacific Basin Financial Journal 30 (Oct 2014):189-206.

Hammoudeh, Shawkat, Gupta, Rangan, Modise, P., and Nguyen, D. K., Can Economic Uncertainty, Financial Stress and Consumer Sentiments Predict U.S. Equity Premium. Journal of International Financial Markets, Institutions & Money 33 (Sep 2014):367–378.

Hammoudeh, Shawkat, Nguyen, Duc, and Reboredo, Juan Carlos, Dependence of stock and commodity futures markets in China: Implications for portfolio investment. Emerging Markets Review 21 (Sep 2014):183–200.

Hammoudeh, Shawkat, Arouri, M. E-H, Jawadi, F., and Nguyen, D. K., Financial linkages between US sector credit default swaps markets. Journal of International Financial Markets, Institutions and Money 33 (Aug 2014):223&#-775232;243.

Hammoudeh, Shawkat, and Gupta, R., Detecting predictable non-linear dynamics in Dow Jones Islamic Market and Dow Jones Industrial Average indices using nonparametric regressions. North American Journal of Economics and Finance 29 (Jul 2014):22–35.

Hammoudeh, Shawkat, Global imbalances and dynamics of international financial markets. North American Journal of Economics and Finance 29 (Jul 2014):301-305.

Hammoudeh, Shawkat, Nguyen, D. K, and Sousa, R. M., Energy prices and CO2 emission allowance prices: A quantile regression approach. Energy Policy 70 (Apr 2014):201-206.

Hammoudeh, Shawkat, Mensi, Walid, Reboredo, J.C., and Nguyen, D. K, Do Global Factors Impact BRICS Stock Markets? A Quantile Regression Approach.. Emerging Markets Review 19 (Apr 2014):1-17.

Hammoudeh, Shawkat, and Gupta, R., Can the Sharia-based Islamic stock market returns be forecasted using large number of predictors and models?. Applied Financial Economics 24 (Jun 2014):1147-1157.

Hammoudeh, Shawkat, Liu, T., and Santos, P. A., Downside risk and portfolio diversification in the euro-zone equity markets with special consideration of the crisis period. Journal of International Money and Finance 44 (Jun 2014):47–68.

Hammoudeh, Shawkat, Mensi, Walid, and Nguyen, D. K, Dynamic Spillovers Among Major Energy and Cereal Commodity Prices .. Energy Economics 43 (Apr 2014):225-243.

Hammoudeh, Shawkat, Kim, W. J., and Choi, K., The Effects of U.S. Macroeconomic Shocks on the International Commodity Prices.. Korea and the World Economy 15 (Apr 2014):45-85.

Hammoudeh, Shawkat, Aloui, Riadh, Nguyen, D. K, and Aisa, M. S, Dependence and extreme dependence of crude oil and natural gas prices with applications to risk management. Energy Economics 42 (Mar 2014):332-342.

Hammoudeh, Shawkat, Mensi, Walid, and Yoon, Seong-Min, How do OPEC News and Structural Breaks Impact Returns and Volatility in Crude Oil Markets? Further Evidence from a Long Memory Process. Energy Economics 42 (Mar 2014):342-354.

Hammoudeh, Shawkat, Mensi, W., Nguyen, D. K, and Yoon, S-M., Dynamic spillovers among major energy and cereal commodity prices. Energy Economics 43 (Mar 2014):225–243.

Hammoudeh, Shawkat, Mensi, Walid, and Yoon, Seong-Min, Structural Breaks and Long Memory in Modeling and Forecasting Volatility of Foreign Exchange Markets of Oil Exporters: The importance of Scheduled and Unscheduled News Announcements. International Review of Economics and Finance 30 (Jan 2014):101-119.

Hammoudeh, Shawkat, Chkili, W., and Nguyen, D. K, Volatility Forecasting and Risk Management for Commodity Markets in the Presence of Asymmetry and Long Memory. Energy Economics 41 (Jan 2014).

Hammoudeh, Shawkat, Ajmi, A. N., Nguyen, D. K, and Sarafrazi, S., How strong are the causal relationships between Islamic stock markets and conventional financial systems? Evidence from linear and nonlinear tests. Journal of International Financial Markets, Institutions and Money 28 (Jan 2014):213-227.

Hammoudeh, Shawkat, Khalifa, A, and Otrano, E, Patterns of volatility transmissions within regime switching across GCC and global market. International Review of Economics and Finance 29 (Jan 2014):512-524.

Hammoudeh, Shawkat, and Liu, T., A Momentum Threshold Model of Stock Prices and Country Risk Ratings: Evidence from BRICS Countries. Journal of International Financial Markets, Institutions & Money 27 (Aug 2013):99-112.

Hammoudeh, Shawkat, Santos, P. A., and Fraga-Alves, I., High Quantiles Estimation with Quasi-PORT and DPOT: An Application to Value-at-Risk for Financial Variables.. North American Journal of Economics and Finance 26 (Dec 2013):487-496.

Hammoudeh, Shawkat, On the short- and long-run efficiency of energy and precious metal markets. Enegy Economics 30 (Dec 2013):832–844.

Hammoudeh, Shawkat, Santos, P. A., and Al-Hassan, A., Downside risk management and VaR-based optimal portfolios for precious metals, oil and stocks. North American Journal of Economics and Finance 25 (Aug 2013):109-115.

Hammoudeh, Shawkat, Sari, R., Uzunkaya, M., and Liu, T., The Dynamics of BRICS’s Country Risk Ratings and Domestic Stock Markets, U.S. Stock Market and Oil Price. Mathematics and Computers in Simulation 94 (Aug 2013):277–294.

Hammoudeh, Shawkat, and McAleer, M., Risk management and financial derivatives: An overview. North American Journal of Economics and Finance 25 (Jul 2012):109–115.

Hammoudeh, Shawkat, Sari, R., Liu, T., and Uzunkaya, M., The dynamics of BRICS’s country risk ratings and domestic stock markets, U.S. stock market and oil price. Mathematics and Computers in Simulation 94 (Jan 2012):277–294.

Hammoudeh, Shawkat, and Kim, W.J., Impacts of global and domestic shocks on inflation and economic growth for actual and potential GCC member countries. International Review of Economics and Finance 27 (Nov 2012):298–317.

Hammoudeh, Shawkat, Kim, Won Joong, and Aleisa, E., Synchronization of Economic Shocks between the GCC and U.S., Europe, Japan and oil market and the Choice of Exchange Regime. Contemporary Economic Policy 25 (Apr 2013):318-334.

Hammoudeh, Shawkat, Sari, Ramazan, and Uzunkaya, Mehmet, The Relationship between Disaggregated Country Risk Ratings and Stock Market Movements: An ARDL Approach. Emerging Markets Finance and Trade 49 (Mar 2013):5-17.

Hammoudeh, Shawkat, Liu, T., Chan, C-L., and McAleer, M., Risk Spillovers in Oil-Related CDS, Stock and Credit Markets,. Energy Eonomics 36 (Nov 2012):526–535.

Hammoudeh, Shawkat, Liu, Tengdong, Chang, C-L, and McAleer, Michael, Risk Spillovers in Oil-Related CDS, Stock and Credit Markets. Energy Economics 36 (Mar 2013):526–535.

Hammoudeh, Shawkat, Balcilar, M., and Demirer, R., Investor Herds and Regime-Switching: Evidence from Gulf Arab Stock Markets. Journal of International Financial Markets, Institutions and Money 23 (Oct 2012):295–321.

Hammoudeh, Shawkat, Liu, Tengdong, and Bhar, Ramprasand, CDS Spreads and other Gauges of Risk: Did the Great Recession Change Them. Financial Review 48 (Feb 2013):151–178.

Hammoudeh, Shawkat, Balcilar, Mehmet, and Demirer, Riza, Investor Herds and Regime-Switching: Evidence from Gulf Arab Stock Markets. Journal of International Financial Markets, Instit 23 (Feb 2013):295-321.

Hammoudeh, Shawkat, Bhar, R., and Liu, T., Relationships between Financial Sectors’ CDS Spreads and other Gauges of Risk: Did the Great Recession Change Them. Financial Review 48 (Jul 2012):151–178.

Hammoudeh, Shawkat, Chang, C-L, Chen, L-H, and McAleer, Michael, Asymmetric Adjustments in the Ethanol and Grains Markets. Energy Economics 34 (Nov 2012):1990-2002.

Hammoudeh, Shawkat, Sari, R., Chang, C-L, and McAleer, M., Causality between market liquidity and depth for energy and grains.. Energy Economics 34 (Feb 2012):1683–1692.

Hammoudeh, Shawkat, Sari, R., Chang, C-L, and McAleer, M., Causality between Market Liquidity and Depth for Energy and Grains. Energy Economics 34 (Sep 2012):1683-1692.

Hammoudeh, Shawkat, and McAleer, Michael, Risk management and financial derivatives: An overview. North American Journal of Economics and Finance 25 (Aug 2013):109-115.

Hammoudeh, Shawkat, Arouri, M. E-H, Lahiani, A., and Nguyen, D. K., Long memory and structural breaks in modeling the return and volatility dynamics of precious metals. Quarterly Review of Economics and Finance 52 (May 2012):207-218.

Hammoudeh, Shawkat, and Chen, L-H, Asymmetric Convergence and Risk Shift in the TED Spread. North American Journal of Economics and Finance 22 (Fall 2011):277-291.

Hammoudeh, Shawkat, Financial CDS, Stock Market and Interest Rates: Which Drives Which. North American Journal of Economics and Finance 22 (Fall 2011):257-276.

Hammoudeh, Shawkat, Malik, Farooq, and MeAleer, Michael, Risk Management in Precious Metals. Quarterly Review of Economics and Business 51 (Jul 2011):435-441.

Hammoudeh, Shawkat, and Bhar, Ramaprasad, Commodities and Financial Variables: Analyzing Relationships in a Changing Regime Environment. International Review of Economics and Finance 20 (Oct 2010):469-484.

Hammoudeh, Shawkat, Nandha, Mohan, and Yuan, Yuan, Dynamics of CDS Index Spreads of U.S. Financial Sectors. Applied Economics 45 (Winter 2013):213-223..

Hammoudeh, Shawkat, Bhar, Ramaprasad, and Thompson, Mark, Re-Examining the Dynamic Causal Oil-Macroeconomy Relationship. International Review of Financial Analysis 19 (Fall 2010):298-305.

Hammoudeh, Shawkat, Chen, L-H, and Fattouh, Bassam, Asymmetric Adjustments in Oil and Metals Markets. Energy Journal 31 (Summer 2010):187-203.

Hammoudeh, Shawkat, Yuan, Yuan, McAleer, Michael, and Thompson, Mark, Precious Metals-Exchange Rate Volatility Transmissions and Hedging Strategies. International Review of Economics and Finance 20 (Fall 2010):633-647.

Hammoudeh, Shawkat, Yuan, Yuan, Chiang, Thomas C., and Nandha, Mohan, Symmetric and Asymmetric US Sector Return Volatilities in Presence of Oil, Financial and Economic Risks. Energy Policy 38 (Aug 2010):3922-3932.

Hammoudeh, Shawkat, and Choi, Kyongwook, Volatility Behavior of Oil, Industrial, Commodity and Stock Markets in a Regime-Switching Environment. Energy Policy 38 (May 2010):4388-4399.

Hammoudeh, Shawkat, The New Normal in Dubi Now: Survival and Consolidation. Middle East Economic Survey (Mees) 53 (Dec 2009):23-24.

Hammoudeh, Shawkat, Sari, Ramazan, and Soytas, Ugur, Dynamics of Oil Price, Precious Metal Prices, and Exchange Rate: Are There Relationships. Energy Economics 32 (Aug 2009):351-362.

Hammoudeh, Shawkat, Sari, Ramazan, and Soytas, Ugur, The oil prices, Precious Metal Prices and Macroeconomy in Turkey. Energy Policy 37 (Summer 2009):5557-5566.

Hammoudeh, Shawkat, Yuan, Yuan, and McAleer, Michael, Shocks and Volatility Spillovers among Equity Sectors of the Gulf Arab Stock Markets. Quarterly Review of Economics and Finance 49 (Spring 2009):829-842.

Hammoudeh, Shawkat, Sari, Ramazan, and Ewing, Bradley, Relationships among Strategic Commodities and with Financial Variables: A New Look. Contemporary Economic Policy 27 (Apr 2009):251-264.

Hammoudeh, Shawkat, and Choi, Kyongwook, Long Memory in Oil and Refined Products Markets. Energy Journal 30 (Apr 2009):57-76.

Hammoudeh, Shawkat, Bhar, Ram, and Thompson, Mark, Component Structure for Nonstationary Time Series: Application to Benchmark Oil Prices. International Review of Financial Analysis 17 (Dec 2008):971-983.

Hammoudeh, Shawkat, Thompson, M, and Ewing, B., Threshold Cointegration Analysis of Crude Oil Benchmarks,. Energy Journal 29 (Oct 2008):79-95.

Hammoudeh, Shawkat, Noncompliance, Shocks and Optimal Policy in OPEC’s Decision Making. Geopolitics of Energy 30 (Aug 2008):1-20.

Hammoudeh, Shawkat, and Choi, Kyongwook, Characteristic of Permanent and Transitory Returns in Oil-Sensitive Emerging Stock Markets: the Case of the GCC Countries. Journal of International Financial Markets, Institutions and Money 17 (Summer 2007):231-245.

Hammoudeh, Shawkat, and Yuan, Yuan, Metal Volatility in Presence of Oil and Interest Rate Shocks. Energy Economics 30 (Winter 2008):606-620.

Hammoudeh, Shawkat, and Li, Huimin, Sudden Changes in Volatility in Emerging. International Review of Financial Analysis 17 (Winter 2008):47-63.

Hammoudeh, Shawkat, and Malik, F, Shock and Volatility Transmission in the Oil, US and Gulf Equity Markets. International Review of Economics and Finance 16 (Oct 2007):357-368.

Hammoudeh, Shawkat, and Nandha, Mohan, Systematic Risk, and Oil Price and Exchange Rate Sensitivities in Asia-Pacific Stock Markets. Research in International Business and Finance 21 (Spring 2007):326-341.

Hammoudeh, Shawkat, and AlGudhea, Salim, Return, Risk and Global Factors in Saudi Equity Sectors. Journal of Emerging Markets 10 (Fall 2006):55-64.

Hammoudeh, Shawkat, Thompson, Mark, and Ewing, Bradley, Examining Asymmetric Behavior in US Petroleum Futures and Spot Prices. Energy Journal 27 (Oct 2006):9-23.

Hammoudeh, Shawkat, and Choi, K, Behavior of GCC Stock Markets and Impacts of US Oil and Financial Markets. Research in International Business and Finance 20 (Winter 2006):22-24.

Books

Hammoudeh, Shawkat, COMMODITY MARKETS: ISSUES, PRICE DYNAMICS, MODELING, AND RISK MANAGEMENT. United Kingdom: Emerald Group Publishing, (Forthcoming).

Krass, I., and New York: Academic Press, S., The Theory of Positional Games with Application in Economics. (1981).

Chapters

Hammoudeh, Shawkat, “Forcing Variables in the Dynamics of Risk Spillovers in Oil-Related CDS Sectors, Equity, Bond and Oil Markets and Volatility Market Risks.” Energy Economics, Ed. Helena Veiga. New York: Springer, (Forthcoming) :20.

Hammoudeh, Shawkat, Sari, Ramazan, and Soytas, Ugur, “Forcing Variables in the Dynamics of Risk Spillovers in Oil-Related CDS Sectors, Equity, Bond and Oil Markets and Volatility Market Risks.” Recent Developments In Exchange Rate Economics, , Ed. Mark P. Taylor and Meher Manzur. Cheltenham : Recent Developments In Exchange Rate Economics, , (2013): :20.

Hammoudeh, Shawkat, Sari, Ramazan, and Soytas, Ugur, “Dynamics of Oil Price, Precious Metal Prices and Exchange Rate.” Recent Developments in Exchange Rate Economics , Ed. Mark P. Taylor and Meher Manzur . London: Edward Elgar , (2013): :1-8.

Monographs

Hammoudeh, Shawkat, Energy Economics, Germany: Springer, (Mar 2012):

Presented Research

Hammoudeh, Shawkat, Financial Markets, Innovations and Cleaner Energy Production in OECD Countries, 93rd Western Economic Association: Vancouver, Canada, (Jun 2018):

Hammoudeh, Shawkat, The impact of major oil, financial and uncertainty factors on sovereign CDS spreads: Evidence from GCC, other oil-exporting countries, 38th Middele East Economic Association: Philadelphia, PA, (Jan 2018):

Hammoudeh, Shawkat, Do Low Gasoline Prices Cause More Traffic Fatalities In The 50 States Of The United States? The Importance Of The Other Factors, Western Economic Association International (WEAI): Portland, OR, (Jul 2016):

Hammoudeh, Shawkat, Oil Shocks and the Stock Markets. Presentation: Oil and GCC Financial Markets: The Significance of the Oil Price Collapse, Middle Economic Association; International Conference: Doha, Qatar, (Mar 2016):

Hammoudeh, Shawkat, The relationship between oil prices and the rig counts: A one way street with a lag, Middle East Economic Association International conference, Doha, Qatar: Doha, Qatar, (Mar 2016):

Hammoudeh, Shawkat, Mensi, W., and Tiwari, A., Hedges and safe havens for GCC markets: The roles of Islamic stock market and macroeconomics factors, using the combined wavelet-quantile approach, presented at the conference: the Economic Research Forum for the Arab Countries, Iran and Turkey (ERF), C: Cairo, Egypt, (Mar 2016):

Hammoudeh, Shawkat, and Naifar, N., Do global financial distress and uncertainties impact GCC and global sukuk return dynamics, Economic Research Forum (ERF) for the Arab countries, Iran and Turkey: Cairo, Egypt, (Mar 2016):

Hammoudeh, Shawkat, Forecasting Inflation in the GCC using Commodity Prices and Structural Break Models, Middle Economic Association-ASSA Chapter: San Francisco, CA, (Jan 2016):

Hammoudeh, Shawkat, Liu, Tengdong, and Sari, Ramazan, The dynamics of BRICS’s country risk ratings and domestic stock markets, U.S. stock market and oil price, 2011 Risk Modeling and Management: Madrid, Spain, Sp, (Jun 2011):

Hammoudeh, Shawkat, McAleer, Michael, and Yuan, Yuan, Industrial Commodity and Exchange Rate Volatility Transmissions, Asymmetries and Hedging Strategies, Middle East Economic Association (MEEA): Denver, Co, (Jan 2010):

Hammoudeh, Shawkat, Smimou, Kama, and Yuan, Yuan, Cycles, Contagion and Volatility in the Stock Markets in Middle East and North Africa, Allied Social Science Associations: San Francisco, CA, (Jan 2009):

Hammoudeh, Shawkat, and Bhar, Ramaprasad, Commodity and Relevant Macro-Financial Variables: Empirical Analysis of Dynamic Causal Relationship in a Regime Switching Environment, 84th Western Economic Association International: Honolulu, HA, (Jul 2008):

Hammoudeh, Shawkat, Ewing, Bradley, and Thompson, Mark, Threshold Cointegration Analysis of Crude Oil Benchmarks, 84th Western Economic Association International: Honolulu, HA, (Jul 2008):

Hammoudeh, Shawkat, Ewing, Bradley, and Thompson, Mark, Do GCC Countries Finance US Current Account Deficit?, Allied Social Science Associations: New Orleans, LA, (Jan 2008):

Hammoudeh, Shawkat, and Choi, Kyongwook, Characteristic of Permanent and Transitory Returns in Oil-Sensitive Emerging Stock Markets: the Case of the GCC Countries, The Allied Social Sciences–Middle East Economic Association conference: Philadelphia, PA, (Jan 2005):

Hammoudeh, Shawkat, and Malik, F, Volatility Transmission in the Oil, US and GCC Equity Markets, The Allied Social Sciences–Middle East Economic Association conference: San Diego, CA, (Jan 2004):

Hammoudeh, Shawkat, Impacts of NYMEX Oil futures, Dow Jones, US T-Bill Rate on GCC Stock Markets, (Jun 2003):

Proceedings

Hammoudeh, Shawkat, The asymmetric effects of external debt on economic growth in selected MENA countries: Some insights from a panel quantile regression, Proceedings of the Middle East Economic Association-Middle East Economic Association Conference Aug 2022. loyola University of Chicago

Hammoudeh, Shawkat, Pricing Risk, Oil and Financial Factors in Saudi Sector Index Returns, Middle East Economic Association-ASSA Jun 2006. http://www.luc.edu/orgs/meea/volume8/meea8.html (Oct 2006):

Education

PhD Economics-University of Kansas United States 1980
MA Economics minor Political Science-University of Kansas 1974
BA Economics-University of Baghdad 1969

Professional Experience

Other -Philadelphia Bar Association and COR GOOD Shepard Mediation Mediator Philadelphia PA Jul 2021-Jul 2021
Corporate-Ascend of Greater Philadelphia Speaker Philadelphia PA Feb 2015-Nov 00-1
Academic-Drexel University Professor Philadelphia PA Sep 1990-Oct 2009
Other -Organization of Arab Petroleum Exporting Countries Senior Economist Kuwiat City Aug 1983-Jul 1988
Other -Kuwait Institute for Scientific Research (KISR) Associate Research Scientist Kuait City Jul 1981-Jul 1983

Awards

2021 Excellence for Research in the Finance Group (Economic Research Forum for Arab Countries, Iran and Turkey)
2019 Keynote Speaker (International Congress of Energy, Economy and Security (ENSCON)-Istanbul-2019)
2019 You are currently in the top 10% of Authors on SSRN by all-time downloads. (RSSN)
2019 Recognition of organizing sesssion for WEAI (Western Economic International Association)
2016 Appreciation of Significant Contribution to the 15th International Conference of the Middle East Economic Association (Doha Instiutue for Graduate Studies and Middle East Economic Association)
2015 Best paper Award, the ERF 21st Annual Conference, 20-22 March 2015, Tuniisa (ERF for Arab Countries, Iran and Turkey)
2015 Excellence in Service (Doha Institute for Higher Studies and Middle East Economic Association )
2015 Best Paper Award, The ERF 21st Annual Conferencer, 20-22 March 2015, Tunisia (The ERF for Arab Countries, Iran and Turkey)
2015 Best Paper Award, The ERF 21st Annual Conferencer, 20-22 March 2015, Tunisia (Economic Research Forum for the Arab Countries, Iran and Turkey)
2015 Certificate of Outstanding Contribution in Reviewing (Energy Economics)
2012-2011 Best Paper Award in the Finance section given by the the sixth international conference “Corporate Strategies and Government Policies: Challenges & Issues in the 21st Century”. (Global Academy of Business & Economic Research )
2012 2013 Best Paper Award in Finance (Economic Reserch Forum for Arab Countries, Iran and Turkey)

Service

Journal of Sustainable Business and Innovation, https://www.emeraldgrouppublishing.com/journal/ijsbi – Editor (2022–Present)
Journal: Sustainable Energy Technologies and Assessments. SI title: “COP26: The Role of Sustainable Energy Technologies and Implications of Climate Change”. – Guest Editor (2021–Present)
Journal of International Financial Institutions, Markets & Money – Editor (2020–Present)
Journal of Risk & Financial Management (JRFM) – Associate Editor (2020–Present)
Emerging Markets Review – Editor (2017–Present)
Energy Economics – Associate Editor (2017–Present)
Annals of Operations Research (2019-2020) – Guest Editor (2019)
Emerging Markets Review (2019-2020) – Editor (2019)
Journal of International Financial Markets, Institutions & Money (2019-20) – Editor (2019)
Technological Forecasting and Social Change (2019-2020) – Guest Editor (2019)
Annals of Operations Research – Guest Editor (2018–2019)
Emerging Markets Finance and Trade – Editor (2018–2019)
Resources Policy – Guest Editor (2018–2019)
Journal of International Financial Markets, Institutions & Money – Editor (2017–2019)
Technological Forecasting and Social Change – Guest Editor (2018)
Emerging Markets Review – Associate Editor (2017)