Details about Asad Zaman

E-mail:
Homepage:	http://www.asadzaman.net
Phone:	00-92-334-5164905
Postal address:	House 5A, Street 33, F8/1 Islamabad, Pakistan 44000
Workplace:	Pakistan Institute of Development Economics (PIDE), (more information at EDIRC)

Access statistics for papers by Asad Zaman.

Last updated 2023-03-16. Update your information in the RePEc Author Service.

Short-id: pza13

---

Jump to Journal Articles Chapters Editor

Working Papers

2017

1. Subjective Probability Does Not Exist
   Working Papers, eSocialSciences

2016

2. Markets and Society
   PIDE-Working Papers, Pakistan Institute of Development Economics
3. The Methodology of Polanyi’s Great Transformation
   PIDE-Working Papers, Pakistan Institute of Development Economics View citations (4)
   See also Journal Article The Methodology of Polanyi's Great Transformation, Economic Thought, World Economics Association (2016) View citations (5) (2016)

2015

4. Monetary Paradoxes of Baby-Sitting Cooperatives
   PIDE-Working Papers, Pakistan Institute of Development Economics
   See also Journal Article Monetary Paradoxes of Baby-Sitting Cooperatives, The Pakistan Development Review, Pakistan Institute of Development Economics (2021) (2021)

2014

5. A Minimax Bias Estimator for OLS Variances under Heteroskedasticity
   MPRA Paper, University Library of Munich, Germany
6. Building Genuine Islamic Financial Institutions
   PIDE-Working Papers, Pakistan Institute of Development Economics
7. Islam Versus Economics
   PIDE-Working Papers, Pakistan Institute of Development Economics View citations (2)
   See also Chapter Islam versus economics, Chapters, Edward Elgar Publishing (2014) View citations (4) (2014)
8. Wealth as an Indicator of Socio-Economic Welfare: Islamic Views
   PIDE-Working Papers, Pakistan Institute of Development Economics
   See also Chapter Wealth as an Indicator of Socio-Economic Welfare: Islamic Views, Palgrave Studies in Islamic Banking, Finance and Economics, Palgrave Macmillan (2019) (2019)

2013

9. For Love or Money? Motivating Workers
   PIDE-Working Papers, Pakistan Institute of Development Economics
   Also in Working Papers, eSocialSciences (2013)

2012

10. Methodological mistakes and econometric consequences
    MPRA Paper, University Library of Munich, Germany View citations (10)
    See also Journal Article Methodological Mistakes and Econometric Consequences, International Econometric Review (IER), Econometric Research Association (2012) View citations (7) (2012)
11. The Conflict Between General Equilibrium and the Marshallian Cross
    Koç University-TUSIAD Economic Research Forum Working Papers, Koc University-TUSIAD Economic Research Forum View citations (1)
    Also in MPRA Paper, University Library of Munich, Germany (2010) View citations (2)

2010

12. Normative foundations of scarcity
    MPRA Paper, University Library of Munich, Germany View citations (4)

2009

13. Impact of Model Specification Decisions on Unit Root Tests
    MPRA Paper, University Library of Munich, Germany View citations (3)

2008

14. Causal Relations via Econometrics
    MPRA Paper, University Library of Munich, Germany View citations (5)
    See also Journal Article Causal Relations via Econometrics, International Econometric Review (IER), Econometric Research Association (2010) View citations (5) (2010)
15. Corruption: Measuring the Unmeasurable
    MPRA Paper, University Library of Munich, Germany View citations (3)
16. Experiences of IIIE: 1983-2007 تجارب المعهد العالمي للاقتصاد الإسلامي: 1983-2007م
    Papers and books based on the proceedings of the Conferences organized by the Islamic Economics Institute, KAAU., King Abdulaziz University, Islamic Economics Institute.
17. Islamic Economics: A Survey of the Literature
    MPRA Paper, University Library of Munich, Germany View citations (14)
18. Model specification, observational equivalence and performance of unit root tests
    MPRA Paper, University Library of Munich, Germany View citations (2)
19. Most Stringent Test for Location Parameter of a Random Number from Cauchy Density
    MPRA Paper, University Library of Munich, Germany View citations (1)
20. On Improving Social Science Education in Pakistan
    MPRA Paper, University Library of Munich, Germany View citations (1)

2006

21. Developing an Islamic world view: An essential component of an Islamic education
    MPRA Paper, University Library of Munich, Germany

2005

22. Towards a new paradigm for economics
    MPRA Paper, University Library of Munich, Germany View citations (1)

2003

23. Measuring the Systematic Risk of IPO’s Using Empirical Bayes Estimates in the Thinly Traded Istanbul Stock Exchange
    MPRA Paper, University Library of Munich, Germany

2002

24. The Inconsistency of the Breusch-Pagan Test
    Econometrics, University Library of Munich, Germany View citations (1)
    Also in MPRA Paper, University Library of Munich, Germany (1995)

2000

25. Econometric applications of high-breakdown robust regression techniques
    MPRA Paper, University Library of Munich, Germany View citations (4)
    See also Journal Article Econometric applications of high-breakdown robust regression techniques, Economics Letters, Elsevier (2001) View citations (60) (2001)
26. Interest and the Modern Economy
    MPRA Paper, University Library of Munich, Germany View citations (2)
    See also Journal Article INTEREST AND THE MODERN ECONOMY, Islamic Economic Studies, The Islamic Research and Training Institute (IRTI) (2001) View citations (1) (2001)

1998

27. Random Coefficients and Heteroskedasticity
    Working Papers, Department of Economics, Bilkent University
    Also in Working Papers, Department of Economics, Bilkent University (1997)
28. Variance Estimates and Model Selection
    Working Papers, Department of Economics, Bilkent University
    See also Journal Article Variance Estimates and Model Selection, International Econometric Review (IER), Econometric Research Association (2010) View citations (2) (2010)

1997

29. Consistency of F-Test and Applications
    Working Papers, Department of Economics, Bilkent University

1995

30. A Note on the Goldfeld Quandt Test
    Purdue University Economics Working Papers, Purdue University, Department of Economics
31. Identification of Parameters of Interest
    Working Papers, Department of Economics, Bilkent University
32. Implications of Bayesian Rationality Arguments
    Working Papers, Department of Economics, Bilkent University

1990

33. What do heteroskedasticity tests detect ?
    LIDAM Discussion Papers CORE, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE) View citations (3)
    Also in Working Papers, Columbia - Graduate School of Business (1989) View citations (1)

1989

34. CONSISTENCY VIA TYPE 2 INEQUALITIES: A GENERALIZATION OF WU'S THEOREM
    Working Papers, Columbia - Graduate School of Business
    See also Journal Article Consistency Via Type 2 Inequalities: A Generalization of Wu's Theorem, Econometric Theory, Cambridge University Press (1989) (1989)

1987

35. On the impossibility of events of zero probability
    MPRA Paper, University Library of Munich, Germany

1981

36. Admissibility in Four But Not in Five Dimensions of the Diffuse Prior Bayes Rule for the Control Problem
    Working Papers, California Institute of Technology, Division of the Humanities and Social Sciences
37. Consistency of Generalized M-Estimators
    Working Papers, California Institute of Technology, Division of the Humanities and Social Sciences
38. Estimators without moments
    LIDAM Reprints CORE, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE) View citations (8)

1980

39. A Comment on the Subjectivist Position
    Working Papers, California Institute of Technology, Division of the Humanities and Social Sciences

Undated

40. Predictive Residual Sum of Squares: A Comparision of Criteria for Estimating Lag Order of an Autoregressive Process
    Computing in Economics and Finance 1997, Society for Computational Economics

Journal Articles

2021

1. Islamic Alternatives to the Secular Morality Embedded in Modern Economics البدائل الإسلامية للأخلاقيات العلمانية المُتضمنة في الاقتصاد الحديث
   Journal of King Abdulaziz University: Islamic Economics, 2021, 34, (2), 83-100 View citations (7)
2. Monetary Paradoxes of Baby-Sitting Cooperatives
   The Pakistan Development Review, 2021, 60, (1), 1-16
   See also Working Paper Monetary Paradoxes of Baby-Sitting Cooperatives, PIDE-Working Papers (2015) (2015)

2020

3. Models and Reality: How Did Models Divorced from Reality Become Epistemologically Acceptable?
   International Econometric Review (IER), 2020, 12, (1), 50-74
   Also in International Econometric Review (IER), 2020, 12, (1), 24-49 (2020) View citations (1)
4. New Directions in Macroeconomics
   International Econometric Review (IER), 2020, 12, (1), 1-23 View citations (3)

2019

5. Islam’s Gift: An Economy of Spiritual Development
   American Journal of Economics and Sociology, 2019, 78, (2), 443-491
6. Launching a Revolution, based on Islamic Foundations إطلاق ثورة في الاقتصاد، تقوم على القيم الإسلامية
   Journal of King Abdulaziz University: Islamic Economics, 2019, 32, (2), 77-88

2018

7. An Islamic Approach to Inequality and Poverty مقاربة إسلامية لمشكلتي عدم المساواة والفقر
   Journal of King Abdulaziz University: Islamic Economics, 2018, 31, (1), 69-92 View citations (4)

2017

8. Detecting structural change with heteroskedasticity
   Communications in Statistics - Theory and Methods, 2017, 46, (21), 10446-10455 View citations (3)
9. Lessons in Econometric Methodology: The Axiom of Correct Specification
   International Econometric Review (IER), 2017, 9, (2), 50-68 View citations (1)
10. The Concept of Stringency for Test Comparison: The Case of a Cauchy Location Parameter
    International Econometric Review (IER), 2017, 9, (1), 1-20

2016

11. Failures of the “Invisible Hand”
    Forum for Social Economics, 2016, 45, (1), 41-60 View citations (1)
12. The Battle for the Control of Money “The Nature of Money in Modern Economy – Implications and Consequences” by Stephen Zarlenga and Robert Poteat --
    Journal of King Abdulaziz University: Islamic Economics, 2016, 29, (2), 81-94
13. The Methodology of Polanyi's Great Transformation
    Economic Thought, 2016, 5, (1), 44 View citations (5)
    See also Working Paper The Methodology of Polanyi’s Great Transformation, PIDE-Working Papers (2016) View citations (4) (2016)

2015

14. Deification of science and its disastrous consequences
    International Journal of Pluralism and Economics Education, 2015, 6, (2), 181-197 View citations (3)
15. The Presidential Address
    The Pakistan Development Review, 2015, 54, (4), 265-268

2014

16. An Islamic Approach to Humanities مقاربة إسلامية للعلوم الإنسانية
    Journal of King Abdulaziz University: Islamic Economics, 2014, 27, (2), 3-28 View citations (1)
17. Gender and Ultimatum in Pakistan: Revisited
    The Pakistan Development Review, 2014, 53, (1), 1-14 View citations (1)

2013

18. Death of a metaphor: the 'invisible hand'
    International Journal of Pluralism and Economics Education, 2013, 4, (1), 15-29

2012

19. Crisis in Islamic Economics: Diagnosis and Prescriptions أزمة الاقتصاد الإسلامي: التشخيص والحلول
    Journal of King Abdulaziz University: Islamic Economics, 2012, 25, (1), 143-166 View citations (5)
20. Methodological Mistakes and Econometric Consequences
    International Econometric Review (IER), 2012, 4, (2), 99-122 View citations (7)
    See also Working Paper Methodological mistakes and econometric consequences, MPRA Paper (2012) View citations (10) (2012)
21. Multidimensional Poverty Measurement in Pakistan: Time Series Trends and Breakdown
    The Pakistan Development Review, 2012, 51, (4), 493-504 View citations (8)
22. The empirical evidence against neoclassical utility theory: a review of the literature
    International Journal of Pluralism and Economics Education, 2012, 3, (4), 366-414 View citations (13)

2010

23. Causal Relations via Econometrics
    International Econometric Review (IER), 2010, 2, (1), 36-56 View citations (5)
    See also Working Paper Causal Relations via Econometrics, MPRA Paper (2008) View citations (5) (2008)
24. Editor’s Introduction
    International Econometric Review (IER), 2010, 2, (1), 1-2
25. Monetary and Non-monetary Gift Exchange
    The Pakistan Development Review, 2010, 49, (4), 719–740 View citations (3)
26. Tests for structural change, aggregation, and homogeneity
    Economic Modelling, 2010, 27, (6), 1382-1391 View citations (5)
27. Variance Estimates and Model Selection
    International Econometric Review (IER), 2010, 2, (2), 57-72 View citations (2)
    See also Working Paper Variance Estimates and Model Selection, Working Papers (1998) (1998)

2009

28. Editor’s Introduction
    International Econometric Review (IER), 2009, 1, (1), 1-2
29. In Memoriam David Freedman (March 5, 1938–Oct 17, 2008)
    International Econometric Review (IER), 2009, 1, (1), 3-4

2007

30. Response to Comments on: Towards A New Paradigm for Economics: by: Asad Zaman, Rejoinder by: Asad Zaman ردا على التعليقات على: نحو نموذج جديد للاقتصاد: بقلم: أسد زمان ، رد: اسد زمان
    Journal of King Abdulaziz University: Islamic Economics, 2007, 20, (1), 73-82

2005

31. Efficiency Wage Hypothesis—The Case of Pakistan
    The Pakistan Development Review, 2005, 44, (4), 1051-1066 View citations (4)
32. Robust tests for normality of errors in regression models
    Economics Letters, 2005, 86, (1), 63-68 View citations (4)
33. Towards A New Paradigm for Economics نحو نهج جديد للاقتصاد
    Journal of King Abdulaziz University: Islamic Economics, 2005, 18, (2), 49-59
    Also in Journal of King Abdulaziz University: Islamic Economics, 2005, 18, (2), 85-98 (2005)

2002

34. Maximum likelihood estimates for the Hildreth-Houck random coefficients model
    Econometrics Journal, 2002, 5, (1), 237-262 View citations (1)

2001

35. 2002 South East Asia meeting of the Econometric Society
    Economics Bulletin, 2001, 28, (49), A0
36. Econometric applications of high-breakdown robust regression techniques
    Economics Letters, 2001, 71, (1), 1-8 View citations (60)
    See also Working Paper Econometric applications of high-breakdown robust regression techniques, MPRA Paper (2000) View citations (4) (2000)
37. INTEREST AND THE MODERN ECONOMY
    Islamic Economic Studies, 2001, 08-2, 61-74 View citations (1)
    See also Working Paper Interest and the Modern Economy, MPRA Paper (2000) View citations (2) (2000)

1998

38. Effects of skewness and kurtosis on model selection criteria
    Economics Letters, 1998, 59, (1), 17-22 View citations (12)

1994

39. Interindustry Variation in the Costs of Job Displacement
    Journal of Labor Economics, 1994, 12, (2), 243-75 View citations (29)

1992

40. Decomposition of Growth Trend in Agriculture: Another Approach
    Indian Journal of Agricultural Economics, 1992, 47, (4) View citations (7)

1989

41. Consistency Via Type 2 Inequalities: A Generalization of Wu's Theorem
    Econometric Theory, 1989, 5, (2), 272-286
    See also Working Paper CONSISTENCY VIA TYPE 2 INEQUALITIES: A GENERALIZATION OF WU'S THEOREM, Working Papers (1989) (1989)
42. INVESTMENT AND INCOME DISTRIBUTION PATTERN UNDER MUSHARKA FINANCE: The Uncertainly Case
    Pakistan Journal of Applied Economics, 1989, 8, (1), 31-71 View citations (1)

1988

43. A type 2 inequality for functions of bounded variation
    Journal of Multivariate Analysis, 1988, 24, (1), 53-55

1987

44. SHORT-TERM FORECASTING: An Application of Box-Jenkins Methods – A Reply
    Pakistan Journal of Applied Economics, 1987, 6, (2), 125-129

1986

45. MICROFOUNDATIONS FOR THE BASIC NEEDS APPROACH TO DEVELOPMENT: The Lexicographic Utility Function
    Pakistan Journal of Applied Economics, 1986, 5, (1), 1-11

1984

46. Avoiding model selection by the use of shrinkage techniques
    Journal of Econometrics, 1984, 25, (1-2), 73-85 View citations (5)

1983

47. FORECASTING WITHOUT THEORY: Pakistan’s Export of Cotton and Rice
    Pakistan Journal of Applied Economics, 1983, 2, (1), 65-84 View citations (1)

1981

48. Estimators without moments: The case of the reciprocal of a normal mean
    Journal of Econometrics, 1981, 15, (2), 289-298 View citations (9)

Chapters

2019

1. Wealth as an Indicator of Socio-Economic Welfare: Islamic Views
   Palgrave Macmillan
   See also Working Paper Wealth as an Indicator of Socio-Economic Welfare: Islamic Views, Pakistan Institute of Development Economics (2014) (2014)

2014

2. Islam versus economics
   Chapter 3 in Handbook on Islam and Economic Life, 2014, pp iii-iii View citations (4)
   See also Working Paper Islam Versus Economics, Pakistan Institute of Development Economics (2014) View citations (2) (2014)

Editor

1. International Econometric Review (IER)
   Econometric Research Association