Welcome!

Summary:

I study how asset classes are connected in the global financial markets and how macroeconomic outcomes and policy decisions affect these connections. In recent times, I have been examining the links between the real economy and all aspects of the financial sector to gain insights into the two-way interactions between asset prices and macroeconomic outcomes.

My broad interests are in macroeconomics and financial markets. I also do some econometrics. My work sits at the intersection of applied theory and empirics in these areas.

Current Affiliations:

Faculty, Financial Economics at Johns Hopkins University

Fixed Income Strategist at the World Bank Group (IFC Treasury)  

Senior Fellow & Research Director at BAUM TenPers Institute 

Education:

Ph.D. in  Economics, University of Kent

M.Sc. in Economics QEM, Paris 1 Sorbonne, Bielefeld, and Venice

Dip in Mathematical Sciences - AIMS, Stellenbosch University

B.Sc. (with Honors) in Pure Math & Statistics, University of Lagos

Contact information:

2121 Pennsylvania Avenue, Washington, DC 20433                   

Email: oibhagu1@jhu.edu

Latest working papers:

1. Benchmark Fragility and Household Financial Behavior: Risk-Taking, Market Participation, and Precautionary Liquidity, (with C. Agudze, D. Ahelegbey and F. Gerth), R&R at Journal of Economic Behavior & Organization 

2.  Funding Stress and Margins of Commodity-Market Integration: Evidence from Soybean Crush and Energy Crack, (with A. Ahmed), R&R at Journal of Commodity Markets 

3.  CIP Deviations as a Pricing–Kernel Shifter, (with A. Ahmed)

4. The US Velocity Buffer: How High Money Velocity Dampens the Effect of Credit Stress on Equity Markets (with D. Ahelegbey and P. Amani)

5.  Inflation Regime Channel of Stock–Bond Relationship: Cross-Country Evidence (with A. Ahmed and M. Shu)