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Research Interests

Macroeconomics; Global and National Macroeconometric Modelling; Energy Economics; Climate Change.


Kamiar Mohaddes is an economist at the Cambridge Judge Business School at the University of Cambridge and a Fellow in Economics at King's College, Cambridge. He is an Economic Research Forum (ERF) Research Fellow, and serves as its Thematic Co-Leader for the macroeconomics theme. He is also an Associate Researcher at the Energy Policy Research Group (EPRG) at the University of Cambridge, an Associate Fellow of the USC Dornsife Institute for New Economic Thinking, a Research Associate at the Globalization and Monetary Policy Institute at the Federal Reserve Bank of Dallas, and a Research Associate at the Centre for Applied Macroeconomic Analysis at ANU in Australia. His main areas of research are applied macroeconomics, global and national macroeconometric modelling, energy economics, and climate change. His articles have been published in a number of edited volumes (Cambridge University Press, Oxford University Press, and Routledge) as well as in leading journals, including the Journal of Applied Econometrics, Journal of International Economics, and the Review of Economics and Statistics. His research has also been covered in major international news outlets including the BBC, Bloomberg, The Economist, the Financial Times, Reuters, The Wall Street Journal, and the Washington Post. He holds a PhD in Economics from the University of Cambridge.

Recent Publications

Published Papers

Jibril, H., Chaudhuri, K., and Mohaddes, K. Asymmetric oil prices and trade imbalances: Does the source of the oil shock matter?, (2020) Energy Policy
Jarrett, U., Mohaddes, K. and Mohtadi, H. Oil price volatility, financial institutions and economic growth, (2019) Energy Policy
Mohaddes, K. and Raissi, M. The US oil supply revolution and the global economy, (2018) Empirical Economics
Chudik, A., Mohaddes, K., Pesaran, M. H. and Raissi, M. Rising Public Debt to GDP Can Harm Economic Growth, (2018) Economic Letter, Federal Reserve Bank of Dallas
Burney, N. A., Mohaddes, K., Alawadhi, A., and Al-Musallam, M. The dynamics and determinants of Kuwait's long-run economic growth, (2018) Economic Modelling

Cambridge Working Papers in Economics

Chudik, A., Mohaddes, K., Pesaran, M. H., Raissi, M. and Rebucci, A. A Counterfactual Economic Analysis of Covid-19 Using a Threshold Augmented Multi-Country Model, (2020) CWPE2088
Debnath, R., Darby, S., Bardhan, R., Mohaddes, K., Sunikka-Blank, M. Grounded reality meets machine learning: A deep-narrative analysis framework for energy policy research, (2020) CWPE2062
Mohaddes, K., and Williams, R. The Adaptive Investment Effect: Evidence from Chinese Provinces, (2020) CWPE2046
Debnath, R., Bardhan, R., Darby, S., Mohaddes, K., Sunikka-Blank, M., Coelho, A C V., Isa, A. A deep-narrative analysis of energy cultures in slum rehabilitation housing of Abuja, Mumbai and Rio de Janeiro for just policy design, (2020) CWPE20101
Couharde, C., Damette, O., Generoso, R., Mohaddes, K. The Growth Effects of El Niño and La Niña: Local Weather Conditions Matter, (2019) CWPE1992

Chapter in Book

Mohaddes, K., Nugent, J.B, and Selim, H. Reforming fiscal institutions in resource-rich Arab economies: policy proposals, (2019) in the book: Institutions and macroeconomic policies in resource-rich Arab economies - Oxford University Press
Cashin, P., Mohaddes, K., and Raissi. M. The Global Impact of the Systemic Economies and MENA Business Cycles, (2016) in the book: Understanding and Avoiding the Oil Curse in Resource-rich Arab Economies - Cambridge University Press
Mohaddes, K., and Raissi. M. Does Inflation Slow Long-Run Growth in India?, (2016) in the book: Taming Indian Inflation - International Monetary Fund
Chudik, A., Mohaddes, K., Pesaran, M. H. and Raissi, M. Long-Run Effects in Large Heterogeneous Panel Data Models with Cross-Sectionally Correlated Errors, (2016) in the book: Advances in Econometrics (Volume 36): Essays in honor of Aman Ullah - Emerald Group Publishing Limit
Mohaddes, K. and Pesaran, M.H. One Hundred Years of Oil Income and the Iranian Economy: A Curse or A Blessing?, (2013) in the book: Iran and the Global Economy: Petro Populism, Islam and Economic Sanctions - Routledge

Edited Books

eds. Mohaddes, K., Nugent, J. and Selim, H. Institutions and Macroeconomic Policies in Resource-Rich Arab Economies, (2019) - Oxford University Press

Recent Activities

Video: The Global Economic Consequences of COVID-19: A Multi-Country Analysis
Dr. Kamiar Mohaddes was a panellists at the World Council of Credit Union's Global Financial Symposium on the The Economic Impacts of Covid-19 on Credit Unions. Dr Kamiar Mohaddes presented his recent study entitled "A Counterfactual Economic Analysis of COVID-19 Using a Threshold Augmented Multi-Country Model" (joint with Alexander Chudik, M. Hashem Pesaran, Mehdi Raissi, and Alessandro Rebucci).
Published on - Thursday 26th November 2020

Economic Consequences of Covid-19 - Iran and Global
Dr. Kamiar Mohaddes was interviewed for the Iranian newspaper, Donya-e-Eqtesad. The article looks at the impact of Covid-19 on the Iranian economy as well as the global economy. Dr Mohaddes's research into the economic consequences of Covid-19 (joint with Alexander Chudik (Dallas Fed), Hashem Pesaran (USC), Mehdi Raissi (International Monetary Fund), and Alessandro Rebucci (JHU)) was also featured as the front cover story on Iran's major weekly magazine, Tejarat-e-Farda.
Published on - Monday 23rd November 2020

Impact of COVID-19 Means Global Recession will be Long Lasting
New research by Dr. Kamiar Mohaddes suggests the global recession is likely to be long lasting, with no country escaping the impact of COVID-19 regardless of their mitigation strategy, or the effects of a new vaccine.
Published on - Wednesday 11th November 2020

Economic Consequences of Covid-19
Dr. Kamiar Mohaddes, with Alexander Chudik (Federal Reserve Bank of Dallas), M. Hashem Pesaran (University of Southern California), Mehdi Raissi (IMF) and Alessandro Rebucci (Johns Hopkins Carey Business School) have published an article for VOXeu titled "Economic Consequences of Covid-19: A Counterfactual Multi-Country Analysis".
Published on - Tuesday 20th October 2020

The Economics of a Green Recovery
Dr. Kamiar Mohaddes took part in the second of Centre for Science and Policy's (CSaP) Science, Policy & a Green Recovery Podcasts. Dr Mohaddes spoke about his two papers "A Counterfactual Economic Analysis of COVID-19 Using a Threshold Augmented Multi-Country Model" and "Long-Term Macroeconomic Effects of Climate Change: A Cross-Country Analysis".
Published on - Monday 19th October 2020

Keynes Fund Sponsored Projects

Mohaddes, K., Pesaran, M. H. and Raissi, M., Climate Change, Volatility, and Economic Growth: Evidence from U.S. States (JHOU)
Mohaddes, K., Cavalcanti, T. V. D. and Da Mata, D., Climate Volatility, Weather Shocks and Economic Growth: Within-Country Evidence from Brazil (JHUD)


PIIB Paper 8 - Lent - Development Economics II
Diploma Paper 2 - Macroeconomics

Dr Kamiar Mohaddes

University Senior Lecturer in Economics & Policy (Cambridge Judge Business School) and Fellow in Economics (King's College)

Research Group:

CV: Curriculum Vitae

Contact Details
Room: 97
College: Girton College