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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

Agarwala, M., Burke, M., Klusak, P., Mohaddes, K., Volz, U. and Zenghelis, D. Climate Change and Fiscal Sustainability: Risks and Opportunities, (2021) CWPE2163
Klusak, P., Agarwala, M., Burke, M., Kraemer, M. and Mohaddes, K. Rising Temperatures, Falling Ratings: The Effect of Climate Change on Sovereign Creditworthiness, (2021) CWPE2127
Chudik, A., Mohaddes, K. and Raissi, M. Covid-19 Fiscal Support and its Effectiveness, (2021) CWPE2116
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

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

The Case for ‘Truly-Long-Term’ Debt Ratings
Dr. Kamiar Mohaddes's paper on climate change and sovereign credit ratings, has been quoted in the Financial Times.
Published on - Thursday 8th July 2021

California's Heat Dome Poses Unprecedented Challenge for World's Fifth-Biggest Economy
Dr. Kamiar Mohaddes's paper on Long-Term Macroeconomic Effects of Climate Change, has been quoted in the Telegraph.
Published on - Tuesday 6th July 2021

Why China Has More To Gain From Fighting Climate Change Than Other Countries
Dr. Kamiar Mohaddes's paper on climate change and sovereign credit ratings, has been quoted in the South China Morning Post.
Published on - Tuesday 11th May 2021

Climate-Macroeconomics Mini Conference
Cambridge-INET, the Centre for Macroeconomics and the Cambridge Faculty of Economics are holding a Mini Conference on the "Climate-Macroeconomics". It will take place on Tuesday 4th May 2021, 3:00pm-6:15pm BST (UK) and will be held online. See the event page for more details.
Published on - Friday 16th April 2021

How do Businesses Deal with Uncertainty Effectively?
Dr. Kamiar Mohaddes has published an article for the Mastering Entrepreneurship Blog, which is run by the Judge Business School.
Published on - Thursday 15th April 2021

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)
Mohaddes, K., Coyle, D. and Bardhan, R., Energy Incentives and Market Mechanism in Slum Rehabilitation Housing for Distributive Justice (JHVH)


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