Professor Syed Zahid Ali is a tenured Professor of Economics at Lahore University of Management Sciences (LUMS), where he has been a faculty member since 2002. He earned his PhD in Economics from McMaster University, Canada, in 1991, specializing in macroeconomic theory, monetary economics, mathematical economics, and econometrics.
His research interests lie primarily in macroeconomic theory, monetary policy, open-economy macroeconomics, exchange rate dynamics, and dynamic stochastic general equilibrium (DSGE) modelling. His research examines the transmission of monetary and external shocks, exchange rate policies, inflation dynamics, and the role of expectations in macroeconomic fluctuations. His work has appeared in internationally recognized journals, including the Journal of International Money and Finance, Macroeconomic Dynamics, Journal of Macroeconomics, International Review of Economics & Finance, Economic Letters, Applied Economic Letters, Quarterly Review of Economic and Finance, and Economic Modelling etc.
Professor Ali has extensive experience teaching undergraduate and graduate courses in advanced macroeconomics, mathematical economics, econometrics, dynamic economics, and computational macroeconomics. His teaching emphasizes mathematical modelling, analytical reasoning, and the application of quantitative methods to economic problems.
In recognition of his academic contributions, he received the LUMS Vice Chancellor’s Award for Teaching Excellence (2021–22) and the Ferozsons Award for Excellence in Research (2017–18). He also holds the distinction of being the first tenured professor in the School of Social Sciences at LUMS.
Beyond teaching and research, Professor Ali has contributed extensively to academic leadership, curriculum development, and institutional governance at LUMS and other universities.
Ali, S. Z., Anwar, S., & Valadkhani, A. (2012). Macroeconomic consequences of increased productivity in less developed economies. Economic Modelling, 29(3), 621-631.
Ali, S. Z., & Anwar, S. (2013). Inflation and interest rates in the presence of a cost channel, wealth effect and agent heterogeneity. Economic Modelling, 31(1), 286-296.
Anwar, S., & Ali, S. Z. (2015). Productivity bias hypothesis: evidence from South Asia. Applied Economics Letters, 22(17), 1389-1394. doi: 10.1080/13504851.2015.1034832
Azmat, U., Azmat, S., Hassan, M. K., & Ali, S. Z. (2021). Consumer Choice in Residential Mortgage Market: An Islamic Mortgage Contract.?Journal of Real Estate Research, 1-37.
Malik, K. Z., Ali, S. Z., & Khalid, A. M. (2014). Intangible capital in a real business cycle model. Economic Modelling, 39, 32-48.
Ali, S. Z., & Anwar, S. (2017). Price puzzle in a small open New Keynesian model.?The Quarterly Review of Economics and Finance.
Ali, S. Z., & Anwar, S. (2018). Anticipated versus unanticipated terms of trade shocks and the J-curve phenomenon.?Journal of International Money and Finance,?81, 1-19.
Ali, S. Z., & Qureshi, I. A. (2021). Anticipated versus unanticipated productivity shocks and hours-worked. International Review of Economics & Finance, 72, 547-572.
Ali, S. Z., & Anwar, S. (2022). Risk-premium shocks and the prudent exchange rate policy.?International Review of Economics & Finance,?77, 97-122.
Ali, S. Z., & Anwar, S. (2016). Can exchange rate pass-through explain the price puzzle?.?Economics Letters.
Ali, S. Z., & Anwar, S. (2017). Exchange rate pass through, cost channel to monetary policy transmission, adaptive learning, and the price puzzle.?International Review of Economics & Finance,?48, 69-82.
Malik, K. Z., Ali, S. Z., Imtiaz, A., & Aftab, A. (2019). Preference shocks in an RBC model with intangible capital.?Cogent Economics & Finance, Vol. 7(1), pp. 1-14
Malik, K. Z., & Ali, S. Z. (2019). Is the empirical relationship between hours and productivity effected by corporate profits?Journal of Economics and Finance, 1-21.
Government Expenditure Multiplier: Revise and Resubmit (R&R) : Journal of Macroeconomics
Terms of Trade Deterioration and Inflation. Submitted to BE Journal of Macroeconomics
Matter? Under Review in BE Journal of Macroeconomics
The Neo-Fisher Effect in a Small Open Economy. Ready for submission
Monetary Policy & Inflation Expectations: Do Local Conditions