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 lies at the intersection of applied theory and empirics in my areas of interest.

Current Affiliations:

Faculty, Financial Economics at Johns Hopkins University

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

Senior Fellow & Research Director at BAUM TenPers Institute

Mentor at Premiere Research Academy (pre-college research arm of 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. Regulation-Induced Balance-Sheet Constraints, Option-Market States, and the Cross-Currency Basis 

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

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

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

5.  Systemic Stress and Endogenous Dimensionality of Exchange Rates

6. Financial Stress and the Fragmentation of Commodity Futures Markets 

7. The Price of Commodity Market Integration: Funding Liquidity, Arbitrage Capital, and Cross-Commodity Risk Journal of Commodity Markets (Revise and Resubmit)