  {"id":52,"date":"2016-06-20T16:34:35","date_gmt":"2016-06-20T21:34:35","guid":{"rendered":"https:\/\/uwm.edu\/research-international-economics\/?page_id=52"},"modified":"2026-02-11T13:58:40","modified_gmt":"2026-02-11T19:58:40","slug":"africa","status":"publish","type":"page","link":"https:\/\/uwm.edu\/research-international-economics\/country-specific-research\/africa\/","title":{"rendered":"Africa &#8211; Publications"},"content":{"rendered":"\n<ol class=\"wp-block-list\">\n<li>Bahmani-Oskooee, M. and A. Gelan, &#8220;Testing PPP in the STAR Framework: Evidence from Africa&#8221;, <em>Economics Bulletin<\/em>, Vol. 6 (2006), No. 17, pp. 1-7.<\/li>\n\n\n\n<li>Bahmani-Oskooee, M. and A. Gelan, &#8220;On the Relation between Nominal Devaluation and Real Devaluation: Evidence from African Countries&#8221;, <em>Journal of African Economies<\/em>, March 2007, Vol. 16, pp. 177-197.<\/li>\n\n\n\n<li>Bahmani-Oskooee, M. and A. Gelan, &#8220;Real and Nominal Effective Exchange Rates for African Countries: 1971: I-2004: III&#8221;, <em>Applied Economics<\/em>, Vol. 39, Issue 8, May (2007), pp. 961-979.<\/li>\n\n\n\n<li>Bahmani-Oskooee, M., A. Gelan, and A. Ratha, &#8220;S-Curve Dynamics of Trade in Africa&#8221;, <em>African Development Review<\/em>, Vol. 20 (2008), pp. 335-342.<\/li>\n\n\n\n<li>Bahmani-Oskooee, M. and A. Gelan, &#8220;How Stable is the Demand for Money in African Countries&#8221;, <em>Journal of Economic Studies,<\/em> Vol. 36 (2009), pp. 216-235.<\/li>\n\n\n\n<li>Bahmani-Oskooee,\u00a0M.\u00a0and\u00a0A.\u00a0Gelan,\u00a0\u201cIs there J-Curve Effect in Africa?\u201d, <em>International Review of Applied Economics<\/em><strong><em>,<\/em><\/strong> Vol. 26 (Number 1, January 2012), pp.73-81.<\/li>\n\n\n\n<li>Bahmani-Oskooee, M. and A. Gelan,\u201cAre Devaluations Contractionary in Africa?\u201d,<em>Global Economic Review<\/em><em>,<\/em> Vol. 42 (2013), pp. 1-14.<\/li>\n\n\n\n<li>Bahmani-Oskooee, M. and A. Kones, &#8220;Real and Nominal Effective Exchange Rates of African Countries During 1971I-2012IV&#8221;, <em>Applied Economics, <\/em>Vol. 46 (2014), pp. 1961-1984.<\/li>\n\n\n\n<li>Bahmani-Oskooee, M., T. Chang, and T. Wu, &#8220;Revisiting Purchasing Power Parity in African Countries: Panel Stationary Test with Sharp and Smooth Breaks&#8221;, <em>Applied Financial Economics, <\/em>Vol. 24 (2014), pp. 1429-1438.<\/li>\n\n\n\n<li>Bahmani-Oskooee, M., T. Chang, and A. Kones, &#8220;Purchasing Power Parity in African Countries: A New Approach Based on Sequential Panel Selection Method&#8221;, <em>Economics Papers, <\/em>Vol. 33 (2014), pp. 295-302.<\/li>\n\n\n\n<li>Bahmani-Oskooee, M. and A. Kones, &#8220;Economic Uncertainty, Monetary Uncertainty, and the Demand for Money in Africa&#8221;, <em>Applied Economics Quarterly, Vol. 40 (2014), pp. 293-313.<\/em><\/li>\n\n\n\n<li>Bahmani-Oskooee, M., T. Chang, and K-C Lee, \u201cPanel Asymmetric Nonlinear Unit Root Test and PPP in Africa\u201d, <em>Applied Economics Letters<\/em>, Vol. 23 (2016, Issue 8), pp. 554-558.<\/li>\n\n\n\n<li>Bahmani-Oskooee, M.,T. Chang, Z. Elmi, A. Gelan, and O. Ranjbar, \u201cNonlinear Quantile Unit Root Test and PPP: More Evidence from Africa\u201d, <strong><em>Applied Economics Letters, <\/em><\/strong> 25 (2018, No. 7), pp. 465-471<strong>.<\/strong><\/li>\n\n\n\n<li>Bahmani-Oskooee, M., T. Hadj Amor, H. Harvey, and H. Karamelikli,\u201cIs there a J-curve in Tunisia\u2019s Bilateral Trade with her largest Partners? New Evidence from Asymmetry Analysis\u201d, <strong><em>Economic Change and Restructuring, <\/em><\/strong> 52 (2019, Issue 1), pp, 1-18.<\/li>\n\n\n\n<li>Bahmani-Oskooee, M. and A. Gelan, \u201cAsymmetric Effects of Exchange Rate Changes on the Demand for Money in Africa\u201d, <strong><em>Applied Economics, <\/em><\/strong>Vol. 51 (2019, No. 31), pp. 3365-3375.<\/li>\n\n\n\n<li>Bahmani-Oskooee, M. and A. Arize, \u201cU.S.-Africa Trade Balance and the J-Curve: An Asymmetry Analysis\u201d <em><strong>International Trade Journal<\/strong>, <\/em>Vol. 33 (2019, No. 4), pp. 322-343.<\/li>\n\n\n\n<li>Bahmani-Oskooee, M. and A. Arize, \u201cThe Sensitivity of U.S. Inpayments and Outpayments to Real Exchange Rate Changes: Asymmetric Evidence from Africa\u201d, <strong><em>International Economic Journal, <\/em><\/strong>Vol. 33 (2019, No. 3), pp. 455-472.<\/li>\n\n\n\n<li>Bahmani-Oskooee, M., T. Hadj-Amor, M. Maki-Nayeri, and F. Niroomand, \u201cOn the Link between Real Effective Value of Tunisia\u2019s Dinar and its Sectoral Trade with the Rest of World: New Evidence from Asymmetry Analysis\u201d, <strong><em>Quarterly Review of Economics and Finance, <\/em><\/strong>Vol. 73 (2019), pp. 111-118.<\/li>\n\n\n\n<li>Bahmani-Oskooee, M. and A. Gelan, \u201cOn the Link between Real Exchange Rate and Domestic Investment: Asymmetric Evidence from Africa\u201d, <strong><em>Journal of Economic Development, <\/em><\/strong>Vol. 44 (2019, No. 3), pp. 1-17.<\/li>\n\n\n\n<li>Bahmani-Oskooee, M. and A. Arize, \u201cAsymmetric Response of Domestic Production to Exchange Rate Changes: Evidence from Africa\u201d, <strong><em>Economic Change and Restructuring, <\/em><\/strong>Vol. 53 (2020), pp. 1-24.<\/li>\n\n\n\n<li>Bahmani-Oskooee, M. and A. Arize, \u201cOn the Asymmetric Effects of Exchange Rate Volatility on Trade Flows: Evidence from Africa\u201d, <strong><em>Emerging Market Finance and Trade,<\/em><\/strong> Vol. 56 (2020, Issue 4), pp. 913-939.<\/li>\n\n\n\n<li>Bahmani-Oskooee, M. and A. Gelan, \u201cThe South Africa-U.S. Trade and the Real Exchange Rate: Asymmetric Evidence from 25 Industries\u201d, <strong><em>South African Journal of Economics, <\/em><\/strong>Vol. 88 (2020), pp. 186-203.<\/li>\n\n\n\n<li>Bahmani-Oskooee, M. and R. Nouira, \u201cOn the Impact of Exchange Rate Volatility on Tunisia\u2019s Trade with 16 Partners: An Asymmetry Analysis\u201d, <strong><em>Economic Change and Restructuring, <\/em><\/strong>Vol. 53 (2020), pp. 357-378.<\/li>\n\n\n\n<li>Bahmani-Oskooee, M. and A. Arize, &#8220;Asymmetry Cointegration and the J-curve: New Evidence from Africa\u201d, <strong><em>Journal of Economic Studies, <\/em><\/strong>Vol. 47 (2020, Issue 5), pp. 969-984.<\/li>\n\n\n\n<li>Bahmani-Oskooee, M. and A. Arize, \u201cEconomic Uncertainty, Monetary Uncertainty, and the Demand for Money in Africa: An Asymmetry Analysis\u201d, <strong><em>Global Economy Journal, <\/em><\/strong>Vol. 20 (2020, No. 2), pp. 1-24.<\/li>\n\n\n\n<li>Bahmani-Oskooee, M., T. Chang, F. Niroomand, and O. Ranjbar, \u201cFourier Nonlinear Quantile Unit Root Test and PPP in Africa\u201d, <strong><em>Bulletin of Economic Research, <\/em><\/strong>Vol. 72 (2020), pp. 451-481.<\/li>\n\n\n\n<li>Bahmani-Oskooee, M. and A. Arize, &#8220;The Effect of Exchange Rate Volatility on U.S Bilateral Trade with Africa: A Symmetric and Asymetric Analysis&#8221;, <strong><em>Economic Systems, <\/em><\/strong>Vol. 46 (2022) 100879, pp. 1-20.<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":778,"featured_media":0,"parent":38,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":"","uwm_wg_additional_authors":[]},"class_list":["post-52","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>Africa - 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\/africa\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Africa - Publications\" \/>\n<meta property=\"og:url\" content=\"https:\/\/uwm.edu\/research-international-economics\/country-specific-research\/africa\/\" \/>\n<meta property=\"og:site_name\" content=\"Center for Research on International Economics\" \/>\n<meta property=\"article:modified_time\" content=\"2026-02-11T19:58:40+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\\\/africa\\\/\",\"url\":\"https:\\\/\\\/uwm.edu\\\/research-international-economics\\\/country-specific-research\\\/africa\\\/\",\"name\":\"Africa - Publications - Center for Research on International Economics\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/uwm.edu\\\/research-international-economics\\\/#website\"},\"datePublished\":\"2016-06-20T21:34:35+00:00\",\"dateModified\":\"2026-02-11T19:58:40+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/uwm.edu\\\/research-international-economics\\\/country-specific-research\\\/africa\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/uwm.edu\\\/research-international-economics\\\/country-specific-research\\\/africa\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/uwm.edu\\\/research-international-economics\\\/country-specific-research\\\/africa\\\/#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\":\"Africa &#8211; 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