{"id":105,"date":"2016-06-20T17:03:48","date_gmt":"2016-06-20T22:03:48","guid":{"rendered":"https:\/\/uwm.edu\/research-international-economics\/?page_id=105"},"modified":"2026-02-11T14:18:35","modified_gmt":"2026-02-11T20:18:35","slug":"developedless-developed-countries","status":"publish","type":"page","link":"https:\/\/uwm.edu\/research-international-economics\/country-specific-research\/developedless-developed-countries\/","title":{"rendered":"Developed and Less Developed Countries – Publications"},"content":{"rendered":"\n
    \n
  1. Bahmani-Oskooee, M., “Gold Price as another Determinant of the Demand for International Reserves”, Journal of Economic Studies<\/em>, Vol. 11 (1984), pp. 23-32.<\/li>\n\n\n\n
  2. Bahmani-Oskooee, M., “Demand for and Supply of International Reserves: A Simultaneous Approach”, Journal of Post Keynesian Economics<\/em>, Vol. 7, No. 4 (Summer, 1985), pp. 493-503.<\/li>\n\n\n\n
  3. Bahmani-Oskooee, M., “Demand for International Reserves: Correction for Serial Correlation and Heteroskedasticity”, Applied Economics<\/em>, Vol. 19 (May 1987), pp. 609-618.<\/li>\n\n\n\n
  4. Bahmani-Oskooee, M. and M. Malixi, “Effects of Exchange Rate Flexibility on the Demand for International Reserves”, Economic Letters<\/em>, Vol. 23 (May 1987), pp. 89-93.<\/li>\n\n\n\n
  5. Bahmani-Oskooee, M., “Exchange Rate Flexibility and the Speed of Adjustment”, Kyklos<\/em>, Vol. 41 (1988), pp. 35-49.<\/li>\n\n\n\n
  6. Bahmani-Oskooee, M., “Oil Price Shock and Stability of the Demand for International Reserves”, Journal of Macroeconomics<\/em>, Vol. 10 (Fall 1988), pp. 633-641.<\/li>\n\n\n\n
  7. Bahmani-Oskooee, M., “Effects of Exchange rate Variability on Inflation variability”, World Development<\/em>, Vol. 19 (June 1991), pp. 729-733.<\/li>\n\n\n\n
  8. Bahmani-Oskooee, M., “On the Effects of Exchange Risk on the Foreign Exchange Market Efficiency”, International Economic Journal<\/em>, Vol. 5 (Summer 1991), pp. 77-86.<\/li>\n\n\n\n
  9. Bahmani-Oskooee, M. and N. Ltaifa, “Effects of Exchange Rate Risk on Exports: Cross Country Analysis”, World Development<\/em>, Vol. 20 (August 1992), pp. 1173-1181.<\/li>\n\n\n\n
  10. Mohtadi, H., “Environment, Trade and Strategic Interdependence: A Simple Model with Implications for NAFTA”, North American Journal of Economics and Finance<\/em>, 1992, pp. 175-186.<\/li>\n\n\n\n
  11. Bahmani-Oskooee, M. and J. Alse, “Short-Run vs. Long-Run Effects of Devaluation: Error-Correction Modeling and Cointegration”, Eastern Economic Journal<\/em>, Vol. 20 (Fall 1994), pp. 453-464.<\/li>\n\n\n\n
  12. Malixi, M. and M. Bahmani-Oskooee, “Dynamic Reserve Adjustment under Varying Balance of Payments Position”, International Economic Journal<\/em>, Vol. 8 (Autumn 1994), pp. 45-56.<\/li>\n\n\n\n
  13. Bahmani-Oskooee, M. and J. Alse, “Is there any Long-Run Relation between the Terms of Trade and the Trade Balance”, Journal of Policy Modeling<\/em>, Vol. 17 (April 1995), pp. 119-205.<\/li>\n\n\n\n
  14. Bahmani-Oskooee, M. and F. Niroomand, “A Re-examination of the Balassa’s Productivity Bias Hypothesis”, Economic Development and Culture Change<\/em>, Vol. 45 (October 1996), pp. 195-204.Applied Economics Letters<\/em><\/li>\n\n\n\n
  15. Bahmani-Oskooee, M. and G. Shabsigh, “On the Efects of Money on the Terms of Trade: An Empirical Investigation”, Applied Economics Letters<\/em>, Vol. 3 (1996), pp. 721-724.<\/li>\n\n\n\n
  16. Bahmani-Oskooee, M. and J. Alse, “Error-Correction Models and Cointegration: International Reserves and World Inflation”, Economic Notes<\/em>, Vol. 26 (1997), pp. 35-48.<\/li>\n\n\n\n
  17. Bahmani-Oskooee, M. and F. Niroomand, “Long-Run Price Elasticities and the marshal-Lerner Condition Revisited”, Economic Letters<\/em>, Vol. 61 (October 1998), pp. 101-109.<\/li>\n\n\n\n
  18. Bahmani-Oskooee, M. and F. Niroomand, “Openness and Economic Growth: An Empirical Investigation”, Applied Economics Letters<\/em>, Vol. 6 (1999), pp. 557-561.<\/li>\n\n\n\n
  19. Bahmani-Oskooee, M., “Are the Adjustment of Actual to Desired International Reserves in Nominal or Real Terms”, Applied Economics Letters<\/em>, Vol. 6 (1999), pp. 573-575.<\/li>\n\n\n\n
  20. Bahmani-Oskooee, M. and ABM Nasir, “Panel Data and Productivity Bias Hypothesis”, Economic Development and Culture Change<\/em>, Vol. 49 (January 2001), pp. 393-402.<\/li>\n\n\n\n
  21. Bahmani-Oskooee, M. and ABM Nasir, “Corruption, Law and Order, Bureaucracy and Real Exchange Rate”, Economic Development and Culture Change<\/em>, Vol. 50 (July 2002), pp. 1021-1028.<\/li>\n\n\n\n
  22. Haveman, D.; V. Lei and J. Netz, “International Integration and Growth: A Survey and Empirical Investigation”, Review of Development Economics<\/em>, forthcoming.<\/li>\n\n\n\n
  23. Bahmani-Oskooee, M. and A. Ratha, “The J-Curve: A Literature Review”, Applied Economics<\/em>, Vol. 36 (July 2004), pp. 1377-1398.<\/li>\n\n\n\n
  24. Bahmani-Oskooee, M. and ABM Nasir, “ARDL Approach to Test the Productivity Bias Hypothesis”, Review of Development Economics<\/em>, Vol. 8 (2004), pp. 483-488.<\/li>\n\n\n\n
  25. Bahmani-Oskooee, M. and F. Brown, “Kalman Filter Approach to Estimate the Demand for International Reserves,” Applied Economics<\/em>, Vol. 36 (August 2004), pp. 1655-1668.<\/li>\n\n\n\n
  26. Bahmani-Oskooee, M. and I. Miteza, “Panel Cointegration and Productivity Bias Hypothesis”,Journal of Economic Studies<\/em>, Vol. 31 (No. 5, 2004), pp. 448-456.<\/li>\n\n\n\n
  27. Bahmani-Oskooee, M. and ABM Nasir, 126. “Productivity Bias Hypothesis and the PPP: A Review Article”, Journal of Economic Surveys<\/em>, Vol. 19 (2005), pp. 671-696.<\/li>\n\n\n\n
  28. Bahmani-Oskooee, M., S. Hegerty and H. Wilmeth, “Short-Run and Long-Run Determinants of Income Inequality: Evidence from Sixteen Countries”, Journal of Post Keynesian Economics<\/em>, Vol. 30 (2008), pp. 463-483.<\/li>\n\n\n\n
  29. Bahmani-Oskooee, M., A. Kutan, and S. Zhou, “Purchasing Power Parity Before and After the Adoption of the Euro., Review of World Economics<\/em> (Weltwirtschaftliches Archiv), Vol. 127 (2008), pp. 134-150.<\/li>\n\n\n\n
  30. Bahmani-Oskooee, M., A. Kutan, and S. Zhou, “A Century of PPP: Supportive Results from non-Linear Unit Root Tests”, Global Business and Economics Review,<\/em> Vol. 11 (2009), pp. 19-27.<\/li>\n\n\n\n
  31. Bahmani-Oskooee, M. S. Hegerty, and A. Kutan, “Is PPP Sensitive to Time-Varying Weights in Constructing Real Effective Exchange Rates?” Quarterly Review of Economics and Finance<\/em>, Vol. 49 (2009), pp. 1001-1008.<\/li>\n\n\n\n
  32. Bahmani-Oskooee, M. A. Kutan, and S. Zhou, “Towards Solving the PPP Puzzle: Evidence from 113 Countries”, Applied Economics<\/em>, Vol. 41 (2009), pp. 3057-3066.<\/li>\n\n\n\n
  33. Bahmani-Oskooee, M. and A. Hajilee, “On the Relation between Currency Depreciation and Wages”, Applied Economics Letters,<\/em> Vol. 17 (2010), pp. 525-530.<\/li>\n\n\n\n
  34. Bahmani-Oskooee, M. and A. Hajilee, “On the Relation between Currency Depreciation and Domestic Investment”, Journal of Post Keynesian Economics,<\/em> Vol. 32 (2010), pp. 645-660.<\/li>\n\n\n\n
  35. Bahmani-Oskooee,\u00a0M.\u00a0and\u00a0S.\u00a0Hegerty,\u00a0\u00a0\u201cBounds Testing Methods and PPP: Evidence from 123 Countries\u201d, Applied Economics Letters<\/em>, Vol. 17 (2010), pp. 1335-1340.<\/li>\n\n\n\n
  36. Bahmani-Oskooee, M. and D. Xi, \u201cExchange Rate Volatility and Domestic Consumption: A Multi-Country Analysis\u201d, Journal of Post Keynesian Economics<\/em>, Vol. 34, No. 2 (Winter 2011-12), pp. 319-330.<\/li>\n\n\n\n
  37. Bahmani-Oskooee, M., S. Hegerty, and H. Wilmeth,\u00a0\u201cThe Saving-Investment Gap and Income Inequality: Evidence from 16 Countries\u201d, Journal of Developing Areas<\/em>, Vol. 46 (Number 2), 2012, pp. 145-158.<\/li>\n\n\n\n
  38. Bahmani-Oskooee, M. and R. Zhang, \u201cOn the Impact of Financial Development on Income Distribution: Time-Series Evidence\u201d, Applied Economics<\/em>, 2015, Vol. 47 Issue 12, p1248-1271<\/span>.<\/li>\n\n\n\n
  39. Bahmani-Oskooee, M. and E. Ebadi, \u201cHas Technological Advances Reduced Response Time of Trade Flows to Changes in the Exchange Rate and Relative Prices?\u201d International Trade Journal<\/em>, Vol. 30 (2016, No. 2), pp. 115-131.<\/li>\n\n\n\n
  40. Bahmani-Oskooee, M. and S. Saha, \u201cDo Exchange Rate Changes have Symmetric or Asymmetric Effects on Stock Prices?\u201d, Global Finance Journal, <\/em>Vol. 31 (2016), pp. 57-72.<\/li>\n\n\n\n
  41. Bahmani-Oskooee, M. and S. Saha,<\/li>\n\n\n\n
  42. \u201cOn the Relation between Exchange Rates and Stock Prices: A Non-Linear ARDL Approach and Asymmetry Analysis\u201d, Journal of Economics and Finance<\/em><\/strong>, Vol. 42 (2018), pp. 112-137.<\/li>\n\n\n\n
  43. Bahmani-Oskooee, M. and A. Ardekani,.\u201cExchange Rate Changes and Income Distribution in 41 Countries: Asymmetry Analysis\u201d, Quarterly Review of Economics and Finance, <\/em><\/strong>Vol. 68 (2018), pp. 266-282.<\/li>\n\n\n\n
  44. Bahmani-Oskooee, M. and A. Arize, \u201cDo Imports and Exports Adjust Nonlinearly? Evidence from 100 Countries\u201d, Global Economy Journal,<\/em><\/strong> Vol. 18 (2018), pp. 1-30.<\/li>\n\n\n\n
  45. Bahmani-Oskooee, M. and A. Mohammadian, \u201cOn the Relation between Domestic Output and Exchange Rate in 68 Countries: An Asymmetry Analysis\u201d, Economic Issues, <\/em><\/strong>Vol. 23 (2018, Part 2), pp. 1-29.<\/li>\n\n\n\n
  46. Bahmani-Oskooee, M. and A. Ardekani, \u201cDoes GINI Respond to Income Volatility in an Asymmetric Manner? Evidence from 41 Countries\u201d, Economic Systems<\/em><\/strong>, Vol. 44 (2020), pp. 1-17.<\/li>\n\n\n\n
  47. Bahmani-Oskooee, M. and R. Nouira, \u201cThe Nonlinear ARDL Approach and Productivity Bias Hypothesis: Evidence from 68 Countries\u201d, Quarterly Review of Economics and Finance<\/em><\/strong>, Vol. 80 (2021), pp. 80-89.<\/li>\n\n\n\n
  48. Bahmani-Oskooee, M. and A. Arize, \u201cNonlinear ARDL Approach and PPP: Evidence from 82 Countries\u201d, Global Economy Journal, <\/em><\/strong>Vol. 21 (2021, No. 1), article 215002, pp. 1-17.<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":778,"featured_media":0,"parent":38,"menu_order":20,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":"","uwm_wg_additional_authors":[]},"class_list":["post-105","page","type-page","status-publish","hentry"],"yoast_head":"\nDeveloped and Less 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\/developedless-developed-countries\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Developed and Less Developed Countries - 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