Arslan Razmi

Professional Experience: 

• Professor of Economics, University of Massachusetts Amherst, 2015-present
• Associate Professor of Economics, University of Massachusetts Amherst, 2010-2015
• Assistant Professor of Economics, University of Massachusetts Amherst, 2004-2010

Teaching: 

• Macroeconomics (graduate and undergraduate)
• Open economy macroeconomics (graduate and undergraduate)
• International trade (graduate and undergraduate)
• Math methods (graduate)

Honors and Awards: 

• Erasmus Mundus Research Scholarship (European Union)
• Visiting Researcher, Asian Development Bank Institute (Tokyo)
• Dean's Doctoral Fellowship (American University)
• Hurst Scholar Award (American University)

Grants: 

• Fulbright Core Grant
• College of Social and Behavioral Sciences grant to organize a "Workshop on International Economics"
• Mellon Mutual Mentoring Grant (University of Massachusetts) in collaboration with Mwangi wa Githinji and Fidan Kurtulus
• Political Economy Research Institute Research Grant
• College of Social and Behavioral Sciences Instructional Improvement Grant (University of Massachusetts)

Affiliations: 

• American Economics Association
• Eastern Economics Association
• Society for the Study of Economic Inequality

Presentations: 

• Relative Quantities and Prices in Small and Open Developing Economies, Invited Presentation, The Central Bank of Argentina, May 2021.
• The Diverse Consequences of International Capital Flows: A Theoretical Exploration, invited presentation at the Kyoto University Faculty of Economics 100th Year Anniversary International Conference titled "Economic Growth and Income Distribution: Facing Real Economy Beyond Schools," August 24-25, 2019.
• Episodes of accelerated capital accumulation: What comes before, during, and after? invited presentation at the Economic Commission for Latin America and the Caribbean, Santiago, May 15 2019.  
• North-South Models, Keynote Lecture, First Congress on New Economic Thought, YSI-CEIC, University of Chile, Santiago, May 13, 2019.
• Investment Accelerations: Before, During, and After, invited lecture at the Colorado State University, April 13, 2019.
• The Real Exchange Rate Policy Trilemma in Developing Economies, RIDGE Workshop on Macroeconomics and Development, Buenos Aires, Dec. 10, 2018.
• Investment Surges: What Comes Before, During and After? Centre for Business and Economics Research, Universidade de Coimbra, Portugal, May 23, 2018.
• Investment Accelerations: The Role of the Real Exchange Rate Among Other Factors, The Vienna Institute for International Economic Studies, April 19, 2018.
• Issues in International Economics, Faculty of Economics and Business, University of Zagreb, April 6, 2018.
• Real Exchange Rate Policy in Developing Economies: Dilemmas and Tradeoffs, Invited lecture, Brazilian Keynesian Association meetings, Brasilia, August 19 2017.
• Is planet Earth as a whole likely to be wage-led? Conference of the FMM Research Network, Berlin, October 21, 2016
• Is the demand regime relevant over the medium run? Revisiting stagnationism/exhilarationism in a portfolio framework, Conference of the FMM Research Network, Berlin, October 21, 2016
• Investment Surges, Universidade de Brasília, March 14, 2016.
• Prospects for Wage-led Growth in an Open Developing Economy, Keynote Address at the workshop on “Economic Growth and Income Distribution,” held at the State University of Santa Cruz (UESC), Ilhéus, Brazil, on March 10-11, 2016.
• Growth and Distribution in Low Income Economies: Modifying Post Keynesian Analysis in Light of Theory and History, Annual Meetings of the Eastern Economic Association, Washington, DC, February 2016.
• Investment Accelerations, Annual Meetings of the Eastern Economic Association, Washington, DC, February 2016.
• Diversification at the intersection of trade and development, invited presentation to UNCTAD’s Multi-year Expert Meeting on Enhancing the Enabling Economic Environment at All Levels in Support of Inclusive and Sustainable Development, Geneva, December 14, 2015.
• Balance of Payments constraints in growth models, invited lecture at the United Nations Economic Commission for Latin America and the Caribbean (ECLAC), Santiago, July 2015.

Selected Publications: 

• "Growth and Distribution in Low Income Economies: Modifying Post Keynesian Analysis in Light of Theory and History," Review of Keynesian Economics, 4(4), pp. 429-49, 2016.
• "Correctly Analyzing the Balance of Payments Constraint on Growth," Cambridge Journal of Economics, 40(6), pp. 1581-1608, November 2015.
• "North-South Interactions in the Presence of Trade in Environmental Permits: A Structuralist Investigation," Cambridge Journal of Economics, pp. 541-574, 40(2), March 2016.
• "The Limits to Wage-Led Growth in an Open Developing Economy," Metroeconomica, 66(4), pp. 740-70, November 2015.
• "The Real Exchange Rate and Economic Development," (with Peter Skott and Martin Rapetti), Structural Change and Economic Dynamics, 23(1), pp. 151-69, March 2012.
• "The exchange rate, diversification, and distribution in a modified Ricardian model with a continuum of goods," Manchester School, 81(3), pp. 356-85, June 2013.
• "Can the HOSS Framework Help Shed Light on the Simultaneous Growth of Inequality and Informalization in Developing Countries?" Weltwirtschaftliches Archiv (Review of World Economics), 145(2), pp. 361-372, July, 2009.
• "Does pleasing export-oriented foreign investors help your balance of payments? A general equilibrium analysis." Oxford Economic Papers, 61(1), pp. 128-149, January, 2009.
•  “The Real Exchange Rate and Development: Theory, Evidence, Issues, and Challenges” (with Firat Demir), Journal of Economic Surveys, forthcoming.
• “Capital Inflows, Sustained Investment Surges, and the Role of External Economies of Scale in a Developing Economy,” Metroeconomica, 72(2), 365-87, May 2021.
• “Sustained Investment Surges” (with Emiliano Libman and Juan Montecino), Oxford Economic Papers,71(4), 1071-95, October 2019.
• “Does the demand regime matter over the medium run?  Revisiting distributional issues in a portfolio framework under different exchange rate regimes,” Metroeconomica, 69(4), 708-36, November 2018.
• "Correctly Analyzing the Balance of Payments Constraint on Growth," Cambridge Journal of Economics, 40(6), pp. 1581-1608, November 2015.
• "The exchange rate, diversification, and distribution in a modified Ricardian model with a continuum of goods," Manchester School, 81(3), pp. 356-85, June 2013.
• ``The Real Exchange Rate and Economic Development,’’ (with Peter Skott and Martin Rapetti), Structural Change and Economic Dynamics, 23(1), pp. 151-69, March 2012.
• "Can the HOSS Framework Help Shed Light on the Simultaneous Growth of Inequality and Informalization in Developing Countries?" Weltwirtschaftliches Archiv (Review of World Economics), 145(2), pp. 361-372, July, 2009.

people.umass.edu/arazmi