page last updated: 7th January 2025
I am a Senior Lecturer in Economics at the University of Bristol and a Fellow of Higher Education Academy (FHEA). I am also the School Resource Director. My research interests revolve around understanding firms' pricing decisions in macroeconomic models, production networks, financial frictions, and monetary policy. I am also interested in exploring questions relevant to emerging economies. In recent years, I have been invited to give talks, presented at international conferences, invited to the IMF roundtable, written and quoted in newspapers, given policy advice to governments, and led a newly founded public policy think tank.
Professional Affiliations
Fellow, Higher Education Academy, UK.
Member (and former Chair), Economic Advisory Group, Pakistan.
Member, Research Advisory Committee, RASTA, PIDE.
Past Experience:
Visiting Lecturer at the Queen Mary University of London.
PhD Intern at the Bank of England.
Economic Consultant at the Planning Commission, Government of Pakistan.
Assistant Economist at the Cambridge Econometrics Ltd.
Educational Background:
PhD in Economics from the University of Bristol.
MSc in Economics & Econometrics from the University of Bristol.
BSc (Hons) in Economics from the University of Bath.
PhD Research: My PhD research focuses on understanding how intermediate materials prices and energy price uncertainty affects inflation dynamics in New Keynesian DSGE models. The two specific questions I studied - together with my supervisor (Engin Kara) - included understanding the `missing deflation puzzle' and `decreasing energy price pass-through to core inflation.'
AWARDS
Professional: Fellow of Advanced Higher Education (FHEA)
Teaching: Best Class Teacher 2019
By: Department of Economics, University of Bristol
Research: PhD Scholarship Award (2013 - 2017)
By: Economic & Social Research Council (ESRC), UK
Nominations: for Bristol Teaching Awards under the Inspiring and Innovative Teaching Award category for the years 2022, 2023 and 2024.
2024 NEWS
December: Working paper on "Liberalisation Reforms and Misallocation: The Role of Political Institutions."
December: Quoted in news here.
November: Invited to give a talk on "Understanding Debt Sustainability: What makes debt (un)sustainable" at the Sustainable Development Policy Institute, Islamabad.
October: Research cited in IMF's country report on Pakistan.
September: Presentation at the 55th Annual Conference of the Money, Macro and Finance Society.
August: Invited to review the Department of Economics at the IBA, Karachi - a leading business school in Pakistan.
May: Presentation at the Southwest Workshop on Economics Education, Teaching, and Scholarship (slides)
May: Version of the conference paper from 2023
- paper on "Inflation Surges under Incomplete Markets"
April: Quoted in news here
March: Vlog with GVS Dialogue on Pakistan's Economy
March: Article for PIDE on "Default: Incentivising Cooperation Between Creditors"
March: Presentation at the Royal Economic Society 2024 Annual Conference (slides)
March: Presentation at the Bristol-Surrey Macro Workshop (slides)
March: Article for Economic Observatory on "The phoenix that never rises: what’s holding back Pakistan’s economy?"
February: Webinar at PIDE on the paper with Aadil Nakhoda, Saihan Mohammad, and Sarah Javaid (slides)
January: Quoted in news here
January: Working paper on "Pakistan and the rest: A tale of dismal productivity growth, misallocation, and missing transformation."
January: Book published by Friedrich Naumann Foundation (FNF)
- STICK-IN-THE-MUD: WHY PAKISTAN IS FAILLING BEHIND?
SOME INTERESTING PLOTS
The share of remittances in GDP for Pakistan has increased from 1% in 2000 to 8% in 2023. As of 2019, this was one of the highest for countries with a population higher than 30 million. The three countries which ranked higher were Philippines, Ukraine and Uzbekistan. The increased reliance on remittances mirrors the trend last seen between 1975 and 1985. While these inflows help sustain consumption, these can also be a source of Dutch disease.
Other Pages: @ajpirzada; linkedin.