Current Courses

• FIN475, International Financial Management
• BUS616, Financial Reporting & Analysis (Denver Executive MBA)

Office Hours (Spring 2008)

• Monday/Wednesday: 10:00 a.m. - 11:100 a.m.

Education

• D.B.A., Cleveland State University, USA (1995)

• M.B.A., Saint Louis University, USA (1990)

• B. Commerce, Nizam College, Osmania University, India (1988)

Professional Certifications

• Chartered Financial Analyst (2003)

Interests

• Financial Economics

• International Finance

• Corporate Finance

Selected Publications

• "An Inquiry into the Economic Fundamentals of the Fama and French Equity Factors," forthcoming in the Journal of Empirical Finance (with M. Simpson)

• "The Effect of Macroeconomic News on German Closed-end Funds," forthcoming in the Quarterly Review of Economics and Finance (with M. Simpson and H. Thiewes)

• "Crisis, Contagion and Cross-border Effects: Evidence from the Latin American Closed-end Fund Market," Global Finance Journal, Vol. 17, No. 3, 2007 (with E. Anoruo and H. Thiewes)

• "The Asymmetric Response of Equity REIT Returns to Inflation," Journal of Real Estate Finance and Economics, Vol. 34, No. 4, 2007 (with M. Simpson and J. Webb)

• "The Asymmetric Impact of Monetary Policy on Currency Markets," Financial Review, Vol. 41, No. 2, 2006 (with B. Lobo and A. Darrat)

• "The Impact of Macroeconomic Surprises on Spot and Forward Exchange Markets,” Journal of International Money and Finance, Vol. 24, No. 5, 2005 (with M. Simpson and M. Chaudhry)

• “The Influence of Macroeconomic News on Term and Quality Spreads,” Quarterly Review of Economics and Finance, Vol. 45, No. 1, 2005 (with M. Simpson and M. Chaudhry)

• "An Examination of the Impact of Macroeconomic News on the Spot and Futures Treasuries Markets,” Journal of Futures Markets, Vol. 24, No. 5, 2004 (with M. Simpson)

• “Macroeconomic News and Mortgage Rates," Journal of Real Estate Finance and Economics, Vol. 27, No. 3, 2003 (with M. Simpson and J. Webb)

• “Cross Border Linkages among Asian Closed-end Funds,” Journal of Economics and Finance, Vol. 27, No. 3, 2003 (with E. Anoruo and H. Thiewes) )

• “The Effect of Consumer Expectations on Portfolio Asset Allocation,” Journal of Financial Planning, September 2003 (with E. Anoruo, V. Bajtelsmit and M. Simpson)

• “The Impact of Inflationary News on Money Market Yields and Volatilities,” Journal of Economics and Finance, Vol. 27, No. 1, 2003 (with M. Simpson and M. Chaudhry)

• “Return Dynamics Across the Asian Equity Markets,” Managerial Finance, Vol. 29, No. 4, 2003 (with E. Anoruo and H. Thiewes)

• "International Linkage of Interest Rates: Evidence from the Emerging Economies of Asia," Global Finance Journal, Vol. 13, No. 2, 2002 (with E. Anoruo and H. Thiewes)

• "Is Differential Sentiment a Cause of Closed-end Country Fund Premia? An Empirical Examination of the Australian Case," Applied Economics Letters, Vol. 9, No. 9, 2002 (with M. Simpson)

• "The Impact of Federal Reserve Intervention on Exchange Rate Volatility: Evidence from the Futures Markets," Applied Financial Economics, Vol. 12, No 4, 2002 (with R. Sant)

• "The Determinants of Foreign Banking Activity on the Profitability and Performance of U.S. Banking Markets," Managerial Finance, Vol. 25, 1999 (with A. Reichert and S. Jayanti)

• "Current Account and Fiscal Deficits: Evidence from Five Developing Economies of Asia," Journal of Asian Economics, Vol. 9, No. 3, 1998 (with E. Anoruo)

• "Speculative Activity and Stock Market Volatility," Journal of Economics and Business, Vol. 50, No. 4, 1998 (with A. Chatrath and F. Song)

• "Current Account and Fiscal Deficits: Evidence from India," Indian Economic Journal, Vol. 45, 1998 (with E. Anoruo)

• "The Role of Futures Trading Activity in Exchange Rate Volatility," Journal of Futures Markets, Vol. 16, No. 5, 1996 (with A. Chatrath and F. Song)

• "Does Option Trading Lead to Greater Cash Market Volatility," Journal of Futures Markets, Vol. 15, No. 7, 1995 (with A. Chatrath)

• "Are Market Perceptions to Corporate Layoffs Changing?" Economics Letters, Vol. 47, No. 3-4, 1995 (with A. Chatrath and F. Song)

Working Papers (Please contact author for a copy)

• The International Transmission of Consumer Sentiment (with E. Anoruo and M. Simpson)

• The Reaction of Depository Institution Stock Prices to Macroeconomic Announcements (with M. Simpson and C. Brown)

• Consumer Sentiment and Mutual Fund Asset Allocation (with E. Anoruo and H. Thiewes)

• The Asymmetric Effects of Inflation on Stock Returns (with M. Simpson)

• Political Cycles and REIT Returns (with M. Simpson and J. Webb)

Stock Quotes