  {"id":101,"date":"2016-06-20T17:02:33","date_gmt":"2016-06-20T22:02:33","guid":{"rendered":"https:\/\/uwm.edu\/research-international-economics\/?page_id=101"},"modified":"2026-02-11T14:17:51","modified_gmt":"2026-02-11T20:17:51","slug":"developed-countries","status":"publish","type":"page","link":"https:\/\/uwm.edu\/research-international-economics\/country-specific-research\/developed-countries\/","title":{"rendered":"Developed Countries &#8211; Publications"},"content":{"rendered":"\n<ol class=\"wp-block-list\">\n<li>Bahmani-Oskooee, M. and F. Niroomand, &#8220;On the Exchange Rate Elasticity of the Demand for International Reserves: Some Evidence from Industrial Countries&#8221;, <em>Weltwirtschaftliches Archiv<\/em>, Vol. 124 (1988), pp. 161-168.<\/li>\n\n\n\n<li>Bahmani-Oskooee, M., &#8220;Time Series Approach to test the Productivity Bias Hypothesis in Purchasing Power Parity&#8221;, <em>Kyklos<\/em>, Vol. 45 (1992), pp. 227-236.<\/li>\n\n\n\n<li>Bahmani-Oskooee, M., &#8220;Real Effective Exchange Rates and the Purchasing Power Parity: Experiences of 19 Industrial Countries&#8221;, <em>Economic Notes<\/em>, Vol. 24 (1995), pp. 239-250.<\/li>\n\n\n\n<li>Bender, K. and R. Elliot, &#8220;Decentralization and Pay Reform in Central Government: A Study of Three Countries&#8221;, <em>British Journal of Industrial Relations<\/em>, Vol. 35 (September 1997), pp. 447-475.<\/li>\n\n\n\n<li>Bender, K. and I. Theodossiou, &#8220;International Comparisons of the Real Wage-Employment Relationship&#8221;, <em>Journal of Post Keynesian Economics<\/em>, Vol. 21 (Summer 1999), pp. 621-638.<\/li>\n\n\n\n<li>Bahmani-Oskooee, M. and D. Bernstien, &#8220;Exchange Market Pressure During the Current Managed Float&#8221;, <em>Applied Economics Letters<\/em>, Vol. 6 (1999), pp. 585-588.<\/li>\n\n\n\n<li>Bahmani-Oskooee, M. and S. Chomsisengphet, &#8220;Stability of M2 Money Demand Function in Industrial Countries&#8221;, <em>Applied Economics<\/em>, Vol. 34 (November 2002), pp. 2075-2083.<\/li>\n\n\n\n<li>Bahmani-Oskooee, M. and O. Kara, &#8220;Relative Responsiveness of Trade Flows to a Change in Prices and Exchange Rate&#8221;, <em>International Review of Applied Economics<\/em>, Vol. 17 (July 2003), pp. 293-308.<\/li>\n\n\n\n<li>Bahmani-Oskooee, M. and A. Ratha, &#8220;The J-Curve Dynamics of US Bilateral Trade&#8221;, <em>Journal of Economics and Finance<\/em>, Vol. 28 (Spring 2004), pp. 32-38.<\/li>\n\n\n\n<li>Bahmani-Oskooee, M. and O. Kara, &#8220;Income and Price Elasticities of Trade: Some New Estimates&#8221;, <em>International Trade Journal<\/em>, Vol. 19 (Summer 2005), pp. 165-178.<\/li>\n\n\n\n<li>Bahmani-Oskooee, M. and H. Fariditavana, &#8220;Do Exchange Rate Changes have Symmetric Effect on the S-Curve?&#8221;, <em>Economics Bulletin<\/em>, Vol. 34 (2014), pp. 164-173.<\/li>\n\n\n\n<li>Bahmani-Oskooee, M., T. Chang, and T.C. Liu, &#8220;Revisiting Purchasing Power Parity in 34 OECD Countries: Sequential Panel Selection Method&#8221;, <em>Applied Economics Letters<\/em>, Vol. 21 (2014), pp. 1283-1287.<\/li>\n\n\n\n<li>Bahmani-Oskooee, M., C. Jiang, and T. Chang, \u201cRevisiting Purchasing Power Parity in OECD\u201d, <em>Applied Economics<\/em>, Vol. 47 (2015, No. 40), pp. 4323-4334.<\/li>\n\n\n\n<li>Bahmani-Oskooee, M. and E. Ebadi, \u201cImpulse Response Analysis and Orcutt\u2019s Hypothesis in Trade\u201d, <em>Empirica<\/em>, Vol. 42 (2015, No. 3), pp. 673-683.<\/li>\n\n\n\n<li>Bahmani-Oskooee, M. and Fariditavana,\u00a0\u201cNonlinear ARDL Approach, Asymmetric Effects and the J-Curve\u201d, <em>Journal of Economic Studies<\/em>, Vol. 42 (2015, No. 3), pp. 519-530.<\/li>\n\n\n\n<li>Bahmani-Oskooee, M., H. Harvey, and S. Hegerty, \u201cExchange-Rate Volatility and Commodity Trade: The case of U.S.- Italy&#8221;, <em>Economic Issues<\/em>, Vol. 20, Part 2 (2015), pp. 1-27.<\/li>\n\n\n\n<li>Bahmani-Oskooee, M. and O. Ranjbar, \u201cQuantile Unit Root Test and PPP: Evidence from 23 OECD Countries\u201d, <em>Applied Economics<\/em><strong><em>, <\/em><\/strong> 48 (2016, No. 31), pp. 2899-2911.<\/li>\n\n\n\n<li>Bahmani-Oskooee, M., J. Wu, and T. Chang, \u201cRevisiting Purchasing Power Parity in G6 Countries: An Application of Smooth Time-Varying Cointegration Approach\u201d, <strong><em>Empirica, <\/em><\/strong> 45 (2018, Issue 1), pp. 187-196.<\/li>\n\n\n\n<li>Bahmani-Oskooee, M. andP.-T. Wu, \u201cPurchasing Power Parity in the 34 OECD Countries: Evidence from Quantile-Based Unit Root Tests with both Smooth and Sharp Breaks\u201d, <strong><em>Applied Economics, <\/em><\/strong>Vol. 50 (2018, Issue 23), pp. 2622-2634<strong>.<\/strong><\/li>\n\n\n\n<li>Bahmani-Oskooee, M. and T-P. Wu, \u201cOn the Relation between Housing Market and Stock Market in 18 OECD Countries: A Bootstrap Panel Causality Test\u201d, <strong><em>Journal of Real Estate Portfolio Management, <\/em><\/strong>Vol. 24 (2018, Issue 2), pp. 121-133.<\/li>\n\n\n\n<li>Bahmani-Oskooee, M. and T-P. Wu, \u201cHouse prices and real effective exchange rates in 18 OECD countries: A bootstrap multivariate panel Granger causality\u201d, <strong><em>Economic Analysis and Policy, <\/em><\/strong>Vol. 60 (2018), pp. 119-126.<\/li>\n\n\n\n<li>Bahmani-Oskooee M.,T. Chang, Z. Elmi, and O. Ranjbar, \u201cThe Convergence Hypothesis among OECD Countries: Evidence from Fourier Quantile Unit Root Test\u201d, <strong><em>International Economics, <\/em><\/strong>Vol. 156 (2018), pp. 77-85.<\/li>\n\n\n\n<li>Bahmani-Oskooee, M. and H. Ghodsi, &#8220;On the Link between Housing Market and Stock Market: Evidence from OECD Using Asymmetry Analysis\u201d, <strong><em>International Real Estate Review, <\/em><\/strong>Vol. 21 (2018, No 4), pp. 447-471.<\/li>\n\n\n\n<li>Bahmani-Oskooee, M., T. Chang, Z. Elmi, and O. Ranjbar, \u201cReal Interest Rate Parity and Fourier Quantile Unit Root Test\u201d, <strong><em>Bulletin of Economic Research, <\/em><\/strong>Vol. 71 (2019, No. 3), pp. 348-358.<\/li>\n\n\n\n<li>Bahmani-Oskooee, M. and A. Mohammadian, \u201cWho Benefits from Euro Depreciation in the Euro Zone?\u201d, <strong><em>Empirica, <\/em><\/strong>Vol. 46 (2019, No. 3), pp. 577-595.<\/li>\n\n\n\n<li>Bahmani-Oskooee, M. and H. Harvey, \u201cWho is Hurt by Dollar-Euro Volatility in the Euro Zone? An Asymmetry Analysis\u201d, <strong><em>International Economics, <\/em><\/strong>Vol. 159 (2019), pp. 36-47.<\/li>\n\n\n\n<li>Bahmani-Oskooee, M. and M. Maki-Nayeri, \u201cAsymmetric Effects of Policy Uncertainty on Domestic Investment in G7 Countries\u201d, <strong><em>Open Economies Review, <\/em><\/strong>Vol. 30 (2019, No. 4), pp. 675-693<strong>.<br><\/strong><\/li>\n\n\n\n<li>Bahmani-Oskooee, M. and M. Maki-Nayeri, \u201cPolicy Uncertainty and Consumption in G7 Countries: An Asymmetry Analysis\u201d, <strong><em>International Economics, <\/em><\/strong>Vol. 163 (2020), pp. 101-113.<\/li>\n\n\n\n<li>Bahmani-Oskooee, M. and J. Baek, &#8220;On the Asymmetric Effects of the Real Exchange Rate on Domestic Investment in G7 Countries\u201d, <strong><em>Australian Economic Papers, <\/em><\/strong>Vol. 59 (2020), pp. 303-318.<\/li>\n\n\n\n<li>Bahmani-Oskooee, M. and A. Mohammadian \u201cOn the Link between Policy Uncertainty and Domestic Production in G7 Countries: An Asymmetric Analysis\u201d, <strong><em>International Economic Journal, <\/em><\/strong>Vol. 35 (2021, No. 2), pp. 242-258.<\/li>\n\n\n\n<li>Bahmani-Oskooee, M. and J. Baek, \u201cExchange Rate Volatility and Domestic Investment in G7: Are the Effects Asymmetric? \u201c, <strong><em>Empirica,<\/em><\/strong> Vol. 48 (2021), pp. 775-799.<\/li>\n\n\n\n<li>Bahmani-Oskooee, M., H. Karamelikli, and F. Niroomand, \u201cAsymmetric Effects of Exchange Rate Volatility on Trade Flows: Evidence from G7\u201d, <strong><em>Journal of Economics and Finance, <\/em><\/strong>Vol. 47 (2023, Issue 1), pp. 38-62.<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":778,"featured_media":0,"parent":38,"menu_order":18,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":"","uwm_wg_additional_authors":[]},"class_list":["post-101","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.3 (Yoast SEO v27.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Developed Countries - Publications - Center for Research on International Economics<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/uwm.edu\/research-international-economics\/country-specific-research\/developed-countries\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Developed Countries - Publications\" \/>\n<meta property=\"og:url\" content=\"https:\/\/uwm.edu\/research-international-economics\/country-specific-research\/developed-countries\/\" \/>\n<meta property=\"og:site_name\" content=\"Center for Research on International Economics\" \/>\n<meta property=\"article:modified_time\" content=\"2026-02-11T20:17:51+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/uwm.edu\\\/research-international-economics\\\/country-specific-research\\\/developed-countries\\\/\",\"url\":\"https:\\\/\\\/uwm.edu\\\/research-international-economics\\\/country-specific-research\\\/developed-countries\\\/\",\"name\":\"Developed Countries - Publications - Center for Research on International Economics\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/uwm.edu\\\/research-international-economics\\\/#website\"},\"datePublished\":\"2016-06-20T22:02:33+00:00\",\"dateModified\":\"2026-02-11T20:17:51+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/uwm.edu\\\/research-international-economics\\\/country-specific-research\\\/developed-countries\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/uwm.edu\\\/research-international-economics\\\/country-specific-research\\\/developed-countries\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/uwm.edu\\\/research-international-economics\\\/country-specific-research\\\/developed-countries\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/uwm.edu\\\/research-international-economics\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Country Specific Research\",\"item\":\"https:\\\/\\\/uwm.edu\\\/research-international-economics\\\/country-specific-research\\\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Developed Countries &#8211; Publications\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/uwm.edu\\\/research-international-economics\\\/#website\",\"url\":\"https:\\\/\\\/uwm.edu\\\/research-international-economics\\\/\",\"name\":\"Center for Research on International Economics\",\"description\":\"UW-Milwaukee\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/uwm.edu\\\/research-international-economics\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Developed Countries - Publications - Center for Research on International Economics","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/uwm.edu\/research-international-economics\/country-specific-research\/developed-countries\/","og_locale":"en_US","og_type":"article","og_title":"Developed Countries - Publications","og_url":"https:\/\/uwm.edu\/research-international-economics\/country-specific-research\/developed-countries\/","og_site_name":"Center for Research on International Economics","article_modified_time":"2026-02-11T20:17:51+00:00","twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/uwm.edu\/research-international-economics\/country-specific-research\/developed-countries\/","url":"https:\/\/uwm.edu\/research-international-economics\/country-specific-research\/developed-countries\/","name":"Developed Countries - Publications - Center for Research on International Economics","isPartOf":{"@id":"https:\/\/uwm.edu\/research-international-economics\/#website"},"datePublished":"2016-06-20T22:02:33+00:00","dateModified":"2026-02-11T20:17:51+00:00","breadcrumb":{"@id":"https:\/\/uwm.edu\/research-international-economics\/country-specific-research\/developed-countries\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/uwm.edu\/research-international-economics\/country-specific-research\/developed-countries\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/uwm.edu\/research-international-economics\/country-specific-research\/developed-countries\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/uwm.edu\/research-international-economics\/"},{"@type":"ListItem","position":2,"name":"Country Specific Research","item":"https:\/\/uwm.edu\/research-international-economics\/country-specific-research\/"},{"@type":"ListItem","position":3,"name":"Developed Countries &#8211; Publications"}]},{"@type":"WebSite","@id":"https:\/\/uwm.edu\/research-international-economics\/#website","url":"https:\/\/uwm.edu\/research-international-economics\/","name":"Center for Research on International Economics","description":"UW-Milwaukee","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/uwm.edu\/research-international-economics\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"}]}},"_links":{"self":[{"href":"https:\/\/uwm.edu\/research-international-economics\/wp-json\/wp\/v2\/pages\/101","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/uwm.edu\/research-international-economics\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/uwm.edu\/research-international-economics\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/uwm.edu\/research-international-economics\/wp-json\/wp\/v2\/users\/778"}],"replies":[{"embeddable":true,"href":"https:\/\/uwm.edu\/research-international-economics\/wp-json\/wp\/v2\/comments?post=101"}],"version-history":[{"count":21,"href":"https:\/\/uwm.edu\/research-international-economics\/wp-json\/wp\/v2\/pages\/101\/revisions"}],"predecessor-version":[{"id":1437,"href":"https:\/\/uwm.edu\/research-international-economics\/wp-json\/wp\/v2\/pages\/101\/revisions\/1437"}],"up":[{"embeddable":true,"href":"https:\/\/uwm.edu\/research-international-economics\/wp-json\/wp\/v2\/pages\/38"}],"wp:attachment":[{"href":"https:\/\/uwm.edu\/research-international-economics\/wp-json\/wp\/v2\/media?parent=101"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}