My Academic Research

My academic research is subdivided into many categories, listed separately below.

A List of all my PUBLISHED articles in roughly chronological order is given below. RECENT PUBLICATIONS in reverse chronological order are listed on a separate page.

SUBJECTWISE LIST:

ISLAMIC ECONOMICS

ECONOMETRICS

GENERAL ECONOMICS

“Estimators Without Moments: The Case of the Reciprocal of a Normal Mean.” Journal of Econometrics, Vol. 15, No. 2, pp. 289-298, February 1981.

“A Complete Class Theorem for the Control Problem, and Further Results on Admissibility and Inadmissibility.” Annals of Statistics, Vol. 9, No. 4. pp. 812-821, July 1981.

“General Admissibility and Inadmissibility Results of Estimation in a Control Problem.” (With J. O. Berger and L. M. Berliner) Annals of Statistics, Vol. 10, No. 3, pp. 838-856, 1982.

“Forecasting Without Theory: The Case of Pakistan’s Exports of Rice and Cotton.” (With Abdul-Hafeez Sheikh) Pakistan Journal of Applied Economics, Vol. 1, No. 2, pp. 65-83, 1983.

“Avoiding Model Selection by the Use of Shrinkage Techniques.” Journal of Econometrics, Vol. 25, pp. 239-246, 1984.

“Admissibility of the Maximum Likelihood Estimate of the Reciprocal of a Normal Mean with a Class of Zero-One Loss Functions.” Sankhya, Volume 47, Series A, Part 2, pp. 239-246, 1985.

“Best Invariant Estimation of a Direction Parameter with Application to Linear Functional Relationships and Factor Analysis.” (with T. W. Anderson and Charles Stein). Annals of Statistics, Vol. 13, No. 2, pp. 525-533, 1985.

“Microfoundations for the Basic Needs Approach To Development: The Lexico-graphic Utility Function.” Pakistan Journal of Applied Economics, Vol. 5, No. 1, pp. 1-11, 1986.

“On the Impossibility of Events of Zero Probability.” Theory and Decision, Vol. 23, pp. 157-159, 1987.

“Short-term Forecasting: An Application of Box-Jenkins Methods–A Reply.” (with A. H. Shaikh), Pakistan Journal of Applied Economics, Vol. 6, No. 2, pp. 125-129, 1987.

“A Type 2 Inequality for Function of Bounded Variation.” Journal of Multivariate Analysis, Vol. 24, No. 1, pp. 53-55, 1988.

“Consistency Via Type 2 Inequalities: A Generalization of Wu’s Theorem,” Econometric Theory, Vol. 5, pp. 272-286, 1989.

“Investment and Income distribution pattern under Musharka Finance: the certainty case,” (with Shameem Siddiqui) Pakistan Journal of Applied Economics, Vol. 8 No. 1, Summer 1989.

“Investment and Income distribution pattern under Musharka Finance: the uncertainty case,” (with Shameem Siddiqui) Pakistan Journal of Applied Economics, Vol. 8 No. 1, Summer 1989.

“Asymptotic Suprema of Averaged Random Functions.” Annals of Statistics, Vol. 19, No. 4, pp. 2145-2159, 1991.

“Decomposition of Growth Trends in Agriculture: Another Approach” (with Haroon Jamal), Indian Journal of Agricultural Economics, Vol 47, No 4, 1992

“Towards Foundations for an Islamic Theory of Consumer Behavior,” in Readings in Microeconomics: An Islamic Perspective, edited by Sayyid Tahir, Aidit Ghazali, and Syed Oman Syed Agil, Longman Malaysia, Kuala Lumpur, 1992.

“Interindustry Variation in the Costs of Job Displacement,” (with William J. Carrington), Journal of Labor Economics Vol. 12, number 2, pages 243-275, April 1994.

“Effects of Skewness and Kurtosis on Model Selection Criteria,” (with Sidika Basci), Economic Letters Vol 59 pages 17-22, 1998.

“The Inconsistency of the Breusch-Pagan Test ,” Journal of Economic and Social Research Vol 2, number 1, pages 1-11, 2000.

“A Method for Detecting Structural Breaks and an Application to Turkish Stock Markets,” (with Erdem Basci & Sidika Basci) METU Studies in Development, Vol. 27, number 1-2, pages 35-45, 2000

“Econometric Applications of High Breakdown Regression Estimators,” with Peter J. Rousseeuw & Mehmet Orhan, Economic Letters (71) 2001 pp.1-8
“Interest and the Modern Economy,” The Lahore Journal of Economics, Vol 6, No.1, p113-127, Jan-June 2001 also published in Islamic Economic Studies Vol. 8, No. 2, Muharram 1422H (April 2000) p 61-74
“Maximum Likelihood Estimates for the Hildreth-Houck Random Coefficients Model,” Econometrics Journal.Vol 5. No.1, p237-262, 2002

“Tests for Normality Based on Robust Regression Analysis,” (joint with Asiye Ozlem-Onder) p. 296-306 in Developments in Robust Statistics: International Conference on Robust Statistics 2001,eds. Dutter, R Filzmoser, P, Gather, U and Rousseeuw, P., Springer-Verlag, Germany, 2003 [final version]

“Measuring the Systematic Risk of IPO’s Using Empirical Bayes Estimates in the Thinly Traded Istanbul Stock Exchange,” (joint with Gulnur Muradoglu and Mehmet Orhan) International Journal of Business Vol 8, No. 3 Summer 2003, 315-334

“Robust tests for normality of errors in regression models.” (joint with A. Özlem Önder)
Economics Letters, Volume 86, Issue 1, January 2005, Pages 63-68

“Efficiency Wage Hypothesis – the case of Pakistan.” (joint with Syed Kanwar Abbas), Pakistan Development Review, Vol 44 number 4, Winter 2005, 1051-1066

“Towards a New Paradigm for Economics,” Journal of King AbdulAziz University: Islamic Econ., Vol. 18, No. 2, pp. 49-59 (2005 A.D/1426 A.H)

Response to Comments on “Towards a New Paradigm for Economics,” Journal of King AbdulAziz University: Islamic Econ., Vol 20, No. 1,p. 73-82 (2007 AD/1428 AH)

“Islamic Economics: Problems and Prospects,” Market Forces, Journal of Management, Informatics and Technology, Vol 2 No. 1, pp. 46-53 April 2006

Response to Comments on “Islamic Economics: Problems and Prospects,” Market Forces, Journal of Management, Informatics and Technology, Vol 2 No. 3 pp. 233-240, October 2006.

“An Islamic Worldview: An Essential Component of an Islamic Education,” Lahore Journal of Policy Studies Vol. 1 No. 1, p95-106, June 2007.

“Experiences of IIIE: 1983-2007,” Conference Papers, The 7th International Conference in Islamic Economics: Thirty Years of Research in Islamic Economics, Jeddah: 1-3 April 2008, pp. 123-134

“Improving Social Science Education in Pakistan,” Lahore Journal of Policy Studies Vol. 2 No. 1, June 2008.

“Critical Mission of the Muslim Economist,” La_Riba, Jurnal Ekonomi Islam, Vol 2, No. 1, Juli 2008, Universitas Islam, Indonesia, also in Pakistan Management Review, 2nd Qtr. 2009

“Corruption: Measuring the Unmeasurable,” (joint with Faiz-ur-Rahim) Humanomics, Vol 25, number 2, June 2009, p 117-126.

“Origins of Western Social Science” Journal of Islamic Economics, Banking and Finance, vol 5, number 2, May-August 2009, p. 9-22

“The Limits of Market Economy,” entry in Encyclopedia of Islamic Economics,to appear.

“Islamic Attitude towards Motives, Incentives of of Economic Agents and the Role of Information” entry in Encyclopedia,” Draft of Entry for Encyclopaedia of Islamic Economics,to appear. 27 Oct. 2009, revised 9 Dec. 2009

“Tests for Structural Change, Homogeneity, and Aggregation” (joint with Esfandiar Maasoumi & Mumtaz Ahmed). To appear in Economic Modelling, 2010.

“Islamic Economics: A Survey of the Literature,” Religion and Development Research Programme, Working Paper 22, Univ. of Birmingham, 2008, to appear in Islamic Studies, IRI Journal, 2010

“Causal Relations via Econometrics,” International Econometrics Review, vol 2, no. 1, 2010.

“The Rise and Fall of the Market Economy,” Review of Islamic Economics, Vol. 14, No. 2, 2010, pp. 123–155