Shawkat Hammoudeh
Associate Professor, Department of Economics, Drexel University
Shawkat Hammoudeh is a Palestinian-American with a Ph.D. in Economics from the University of Kansas. He joined Drexel University in 1990 as an associate professor after working in the real world, and currently he is a professor of economics and international business. He has taught courses at the undergraduate, MBA and Ph.D. levels. He was also visiting professor at Montpellier Business School in France. Prior to joining Drexel, he worked as a senior economist with the Organization of Arab Petroleum-Exporting Countries (OAPEC) which is headquartered in Kuwait. During his tenure at OAPEC, he participated in the Interdependence Project between OAPEC and ENI in Rome, Italy. This project modelled economic, financial, trade and oil interdependence between European and the Middle Eastern countries. He was also a member of the Steering Committee of the Euro-Arab Dialogue project. Before joining OAPEC, he worked as an associate research scientist at Kuwait Institute for Scientific Research. During 1988-1989, he worked as a consultant with the World Bank working on Jordan’s Melody Energy-Economy in Amman, Jordan. He is a prolific researcher who has produced more than 120 articles in highly respected, refereed journals. His current research interest includes three areas: Commodity markets, capital markets and environment economics. He is well known for his research in the oil, gold, and financial markets. In this second research area, he is very active in doing research on the capital markets including those of the BRICKS and oil-exporting countries. In environmental economics, he has done research on the relationships between economic growth, energy consumption and carbon markets. Currently, he is working on renewable energy and hedging in the spot and futures carbon EUA and CER markets.
Areas of Interest:
- Energy Economics
Education:
- Post Graduate, Finance, Drexel University, 1990
- Ph.D., Economics, University of Kansas, 1980
- M.A., Economics, University of Kansas, 1974
- B.A., Economics, University of Baghdad, 1969
Experience:
- Associate Professor, Department of Economics, Drexel University, 1990-present
- Senior Economist, Organization of Arab Petroleum Exporting Countries (OAPEC) Kuwait, 1983-1988
- Associate Research Scientist, Kuwait Institute for Scientific Research (KISR), Kuwait, 1981-1983
Latest Publications:
- Hammoudeh, S., Y. Yuan, M. McAleer and M. Thompson, “Precious Metals-Exchange Rate Volatility Transmissions and Hedging Strategies,” International Review of Economics and Finance (forthcoming).
- Soytas, U., M. Sari, S. Hammoudeh and E. Hacihasanoglu “The Oil Prices, Precious Metal Prices and Macroeconomy in Turkey,” Energy Policy (forthcoming 2010).
- Sari, M., S. Hammoudeh and U. Soytas. “"Dynamics of Oil Price, Precious Metal Prices, and Exchange Rate," Energy Economics (forthcoming 2010).
Financial Connectedness and Risk Transmission Among MENA Countries: Evidence from Connectedness Network and Clustering Analysis
Areas of Interest: Energy Economics Education: Post Graduate, Finance, Drexel University, 1990 Ph.D., Economics, University of Kansas, 1980... Read More
November, 2022
Working PapersFinancial Connectedness and Risk Transmission among MENA Countries
Areas of Interest: Energy Economics Education: Post Graduate, Finance, Drexel University, 1990 Ph.D., Economics, University of Kansas, 1980... Read More
March, 2022
ERF 28th Annual ConferenceExternal Debt and Growth in Highly Leveraged MENA Countries When Interest Rates Are Falling
Areas of Interest: Energy Economics Education: Post Graduate, Finance, Drexel University, 1990 Ph.D., Economics, University of Kansas, 1980... Read More
May, 2021
ERF 27th Annual ConferenceShort- and Long-Run Tail Dependence Switching in MENA Stock Markets: The Roles of Oil, BITCOIN, Gold and VIX
Areas of Interest: Energy Economics Education: Post Graduate, Finance, Drexel University, 1990 Ph.D., Economics, University of Kansas, 1980... Read More
September, 2019
Working PapersThe Impact of Major Oil, Financial and Uncertainty Factors on Sovereign CDS Spreads: Evidence from GCC, Other Oil-Exporting Countries and Regional Markets
Areas of Interest: Energy Economics Education: Post Graduate, Finance, Drexel University, 1990 Ph.D., Economics, University of Kansas, 1980... Read More
August, 2017
Working PapersRevisiting Macroeconomic Management in Times of Crisis and Beyond – Parallel Sessions – March 27
Areas of Interest: Energy Economics Education: Post Graduate, Finance, Drexel University, 1990 Ph.D., Economics, University of Kansas, 1980... Read More
Mar 26, 2022
ERF 27th Annual Conference: SDGs and External Shocks in the MENA Region: From Resilience to Change in the Wake of COVID-19
Areas of Interest: Energy Economics Education: Post Graduate, Finance, Drexel University, 1990 Ph.D., Economics, University of Kansas, 1980... Read More
May 17, 2021