Qaisar Farooq Akram

Curriculum Vitae

Education | Awards| Employment | Fields of interest | Publications | Working papers | Presentations | Referee | Teaching | Visits | Personal

Education

1998-2001 PhD in Economics (Dr. Polit), University of Oslo.
  Thesis: "State dependent effects in labour and foreign exchange markets"
1990-1995 MSc in Economics (Cand. Oecon), University of Oslo
1988-1990 Undergraduate studies in Political Science, University of Oslo

Awards

  • Samfunnsøkonomenes artikkelpris 2005 (for the best paper published in Norsk Økonomisk Tidsskrift and Økonomisk Forum in 2005).
  • Best PhD Thesis in Macroeconomics, submitted in Norway during the period May 1998-April 2001.

Academic visits

University of Oxford, Department of Economics, 1999 - 2000.

Employment

2007-- Special Advisor, Research department, Norges Bank
2007-2007 Acting Head of Research, Research Department, Norges Bank
2006-2007 Special Advisor, Research department, Norges Bank
2005-2006 Senior Advisor, Research department, Norges Bank
2003-2004 Acting Head of Research, Research department, Norges Bank
2002-2003 Senior Advisor, Research department, Norges Bank
2002-2002 Acting Head of Research, Research department, Norges Bank
2001-2002 Researcher, Research department, Norges Bank
2000-2001 Advisor, Research department, Norges Bank
1996-2000 Economist, Research department, Norges Bank
1995-1996 Economist, Statistics department, Norges Bank
1994-1994 Student Internship, Research department, Norges Bank

Fields of interest

Primary Exchange Rate Economics, Monetary Policy, Applied Econometrics
Secondary Oil market

Refereed publications

  • "Flexible inflation targeting and financial stability: Is it enough to stabilize inflation and output?" with Ø. Eitrheim, Journal of Banking and Finance, forthcoming

  • "Pursing financial stability under an inflation-targeting regime", with Gunnar Bårdsen and Kjersti-Gro Lindquist. Annals of Finance, 2007, vol. 3, pp. 131-153.

  • "PPP in the medium run: The case of Norway". Journal of Macroeconomics, 2006, vol. 23, pp. 700--719.

  • "Econometric modelling of slack and tight labour markets", with Ragnar Nymoen
    Economic Modelling, 2006, vol. 23, pp. 579-596.

  • "Monetary policy and asset prices: To respond or not?" with Gunnar Bårdsen and Øyvind Eitrheim International Journal of Finance and Economics, 2006, vol. 11, pp. 279-292.

  • "Non-linear dynamics in output, real exchange rates and real money balances: Norway, 1830 - 2003." with Øyvind Eitrheim and Lucio Sarno. In C. Milas, P. Rothman and D. van Dick (eds): Non-linear Time Series Analysis of Business Cycles. Contributions to Economic Analysis Series, Elsevier. 2006.

  • "Multiple unemployment equilibria and asymmetric dynamics - Norwegian evidence"
    Structural Change and Economic Dynamics, 2005, 16, pp. 263-283.

  • "Oil prices and exchange rates: Norwegian Evidence"
    Econometrics Journal, 2004, vol. 7, pp. 476-504.

  • "En effisient handlingsregel for bruk av petroleumsinntekter" (An efficient rule for consumption of petroleum revenues). Norsk Økonomisk Tidsskrift, 119, 2, 2004, pp. 91-504.

  • "Reelle likevektsvalutakurser for Norge" (Real equilibrium exchange rates for Norway)
    Norsk Økonomisk Tidsskrift 118, 2, 2003, pp. 89-112.

  • "Reelle likevektsvalutakurser" (Real equilibrium exchange rates) with K. M. Brunvatne and R. Lokshall. Norsk Økonomisk Tidsskrift 118, 2, 2003, pp. 113-132.

  • "Innvandreres tilknytning til arbeidsmarkedet" (Immigrants' participation in the labour market). Norsk Økonomisk Tidsskrift 113, 1, 1999, pp. 23-48.

  • "Empirisk modellering av norske pengemarkeds- og obligasjonsrenter" (Empirical modeling of Norwegian short term and long term interest interest rates) with E. Frøyland.
    Norsk Økonomisk Tidsskrift 111, 1, 1997, pp. 63-92.

Other publications

  • "Real equilibrium exchange rates for Norway"
    In Explaining Movements in the Norwegian Exchange Rate (Ø Eitrheim and K. Gulbrandsen, eds.), Occasional Papers No. 32, 2003, Norges Bank.

  • "Real equilibrium exchange rates" with K. M. Brunvatne and R. Lokshall.
    In Explaining Movements in the Norwegian Exchange Rate (Ø Eitrheim and K. Gulbrandsen, eds.), Occasional Papers No. 32, 2003, Norges Bank.

  • "Reelle likevektsvalutakurser for Norge"
    In Hvilke faktorer kan forklare utviklingen i valutakursen? (Ø Eitrheim and K. Gulbrandsen, eds.), Occasional Papers No. 31, 2003, Norges Bank.

  • "Reelle likevektsvalutakurser" with K. M. Brunvatne and R. Lokshall.
    In Hvilke faktorer kan forklare utviklingen i valutakursen (Ø Eitrheim and K. Gulbrandsen, eds.), Occasional Papers No. 31, 2003, Norges Bank.

  • "State dependent effects in labour and foreign exchange markets"
    Doctoral Dissertations in Economics No. 1, 2002, Norges Bank.

  • "Dollarkursens effekt på oljeprisene - en empirisk analyse" (The effect of the dollar rate on oil prices-an empirical analysis) with J. P. Holter.
    Penger og Kreditt 3, 1996.

Working papers

  • "Model selection for monetary policy analysis - How important is empirical validity?" with Ragnar Nymoen. Working Paper No. 13, 2006, Norges Bank

  • "Managing uncertainty through robust-satisficing monetary policy" with Yakov, Ben-Haim and Øyvind Eitrheim. Working Paper No. 10, 2006, Norges Bank

  • "Pursuing financial stability under an inflation-targeting regime" with Gunnar Bårdsen and Kjersti-Gro Lindquist. Working Paper No. 8, 2006, Norges Bank

  • "Flexible inflation targeting and financial stability: Is it enough to stabilise inflation and output?" with Øyvind Eitrheim. Working Paper No. 7, 2006, Norges Bank

  • "Arbitrage in the foreign exchange market: Turning on the microscope", with Dagfinn Rime and Lucio Sarno. Working Paper No. 12, 2005, Norges Bank

  • "Monetary policy and asset prices: To respond or not?" with Gunnar Bårdsen and Øyvind Eitrheim. Working Paper No. 9, 2005, Norges Bank

  • "Non-linear dynamics in output, real exchange rates and real money balances: Norway, 1830 - 2003." with Ø. Eitrheim and Lucio Sarno. Working Paper No. 2, 2005, Norges Bank

  • "Efficient consumption of natural resources- An application to Norwegian petroleum revenues". Working Paper No. 1, 2005, Norges Bank

  • "En effisient handlingsregel for bruk av petroleumsinntekter" (An efficient rule for consumption of petroleum revenues) . Working Paper No. 17, 2004, Norges Bank

  • "Oil wealth and real exchange rates: The FEER for Norway"
    Working Paper No. 16, 2004, Norges Bank

  • "PPP in the medium run despite oil shocks - The case of Norway"
    Working Paper No. 4, 2002, Norges Bank

  • "Employment adjustment in slack and tight labour markets" with R. Nymoen.
    Working Paper No. 7, 2001, Norges Bank. (Also published as Memorandum No. 27, Department of Economics, University of Oslo.)

  • "When does the oil price affect the Norwegian exchange rate?"
    Working Paper No. 8, 2000, Norges Bank. (An earlier version published as Discussion Paper No. 31, Department of Economics, University of Oxford.)

  • "PPP despite real shocks: An empirical analysis of the Norwegian exchange rate"
    Working Paper No. 7, 2000, Norges Bank. (An earlier version published as Discussion Paper No. 30, Department of Economics, University of Oxford.)

  • "Multiple unemployment equilibria: Do transitory shocks have permanent effects?"
    Working Paper No. 6, 1999, Norges Bank

  • "Has the unemployment switched between multiple equilibria?"
    Working Paper No. 2, 1998, Norges Bank.

Presentations (selected)

  • Econometric Society European Meeting (ESEM) (1999, 2001, 2002, 2003, 2007)
  • Econometric Society World Congress 2005
  • European Economic Association Meeting (EEA) (2002, 2006, 2007)
  • International Conference on Computing in Economics and Finance (2006, 2007)
  • Workshop:"The Architecture of Financial System Stability: From Market Micro Structure to Monetary Policy", 2006 
  • International Conference on Policy Modelling (2005, Istanbul)
  • Applied Econometric Society's Conference on Exchange Rates(2005, Luxembourg)
  • Norwegian Economic Association's Exchange rate Seminar (Keynote speaker, 2004)
  • Norwegian Economic Association's Annual Research Conference (1997, 1998, 1999, 2001, 2003, 2004, 2005, 2006)Money, Macro and Finance Conference (2000, 2004)
  • Nuffield College, University of Oxford (1999, 2000)
  • Project LINK Meeting (Oslo, 2000)
  • Seventh Annual Symposium of the Society for Nonlinear Dynamics and Econometrics (New York, 1999)

Discussions (selected)

  • BoC-ECB Conference on Exchange Rates and their Economic Impacts (Frankfurt, 2005)
  • Norges Bank/BI Conference on the Microstructure of Equity and Currency markets (Oslo, 2005)

Referee

B.E. Journal of Macroeconomics, Economic Modelling, Elsevier Science, Empirical Economics, Energy Economics, Energy Studies Review, International Journal of Finance and Economics, IMF Staff Papers, International Review of Applied Economics, Journal of Economic Dynamics and Control, Journal of Macroeconomics, Norsk Økonomisk Tidsskrift, Oxford Bulletin of Economics and Statistics, Scandinavian Journal of Economics, Scottish Journal of Political Economy, Structural Change and Economic Dynamics

Research evaluation

  • Project evaluation for Economic and Social Research Council, the UK
  • PhD thesis by H. Hungnes submitted to University of Oslo 2005
  • PhD thesis by G. Sucarrat submitted to Université catolique de Louvain, Belgium 2006
  • Performance appraisal commissioned by Statistics Norway

Teaching

  • External examiner, Economics Department, University of Oslo, since 2000
  • International Money and Finance (Master), University of Oslo (Fall, 2003)
  • Macroeconomics (Undergraduate), University of Oslo (Spring, 2003)
  • Open Economy Macroeconomics (Master), University of Oslo (Fall, 2001)
  • Seminar in Applied Methods (Undergraduate), (1998-1999), University of Oslo

Personal

  • Born July 1968, Makkewal (Pakistan)
  • Norwegian citizen

Norges Bank, Bankplassen 2, PB 1179 Sentrum, 0107 Oslo, tlf (+47) 22 31 60 00
Last updated 05.10.2007