Ehsan U. Choudhri
Ehsan U. Choudhri received his M.A. from Punjab University in Pakistan and his Ph.D. from the University of Chicago. He has undertaken research on a wide range of topics in international and monetary economics. His work has been published in many journals including Canadian Journal of Economics, International Economic Review, Journal of International Economics, Journal of Monetary Economics, Journal of Money, Credit and Banking, Journal of Political Economy and Quarterly Journal of Economics. He has held a faculty position at Carleton University and visiting positions at a number of institutions including University of California at Los Angeles, Rutgers University, Georgetown University and International Monetary Fund. He has served as a chair of the Department of Economics at Carleton University and an associate editor for the Journal of International Economics.
Content by Ehsan U. Choudhri
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Publication - Project Report
A model for forecasting and policy analysis in Pakistan: The role of government and external sectors
20 Jul 2017 | Waqas Ahmed, Ehsan U. Choudhri, Farooq Pasha , Abdullah Tahir
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Publication - Project Report
Pakistan’s international trade - The potential for expansion towards East and West
2 May 2017 | Ehsan U. Choudhri, Antonio Marasco , Ijaz Nabi
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Project
A model for forecasting and policy analysis in Pakistan: The role of government and external sectors
The State Bank of Pakistan uses a forecasting and policy analysis system as a tool for monetary policy analysis. This project extended the current model to add analysis of fiscal policy and the external sector. Adding these areas for analysis to the model is important because fiscal policy exerts an important influence on the formulation of monetary policy in...
25 Feb 2016 | Ehsan U. Choudhri, Farooq Pasha , Waqas Ahmed, Shahzad Ahmad, Abdullah Tahir
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Project
Pakistan's international trade: The potential for expansion towards east and west
Liberalisation of Pakistan’s overland trade to both the east and west offers an important opportunity for economic growth. This project sought to identify the barriers to Pakistan’s east-west trade and to explore the potential of their reduction for trade expansion. We found that undeveloped overland trade routes with China and policy-induced restrictions on...
9 Feb 2016 | Ehsan U. Choudhri, Ijaz Nabi, Antonio Marasco
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Publication - Project Memo
Monetary policy effectiveness in inflation control and stabilisation (Project Memo)
9 Feb 2016 | Ehsan U. Choudhri, Hamza Malik
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Project
Monetary policy effectiveness in inflation control and stabilisation
Stable macroeconomic conditions are a major prerequisite for sustainable economic growth The State Bank of Pakistan is concerned that analyses using Vector Auto Regression model suggest inflation and output do not respond to monetary shocks Researchers are working closely with the monetary policy and research departments at the State Bank of Pakistan to...
24 Apr 2015 | Hamza Malik, Ehsan U. Choudhri, Asad Jan
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Publication - Working Paper
Monetary Policy in Pakistan: Effectiveness in Inflation Control and Stabilization (Working Paper)
1 Mar 2015 | Ehsan U. Choudhri, Hamza Malik
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Project
Report on Macroeconomic Framework for Pakistan
This paper discusses a dynamic stochastic general equilibrium model designed for monetary policy analysis in Pakistan. The purpose of the paper is to describe the structure, calibration and the solution of the model to facilitate its use for addressing a wide range of questions. We begin with a basic version of the model and then incorporate a number of extensions that are...
3 Sep 2014 | Ehsan U. Choudhri, Ahmed Khalid, Sakib Sherani
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Project
A Model for Monetary Policy Analysis in Pakistan: The Role of Foreign Exchange and Credit Markets
The IGC has supported an ongoing program to develop and use a Dynamic Stochastic General Equilibrium (DSGE) model for monetary policy analysis in Pakistan. Previous projects have designed a DSGE model suitable for Pakistan, used it to examine important monetary policy issues, and made the model ready for operation at the State Bank of Pakistan (SBP). The present project...
3 Sep 2014 | Hamza Malik, Ehsan U. Choudhri
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Project
A Dynamic Stochastic General Equilibrium Model for Pakistan: Methodology for Calibration, Operation and Forecasting
A small-scale DSGE model for Pakistan is developed to analyse monetary policy in Pakistan. The model includes a financial sector and distinguishes between high-income households who participate in the financial sector and low-income households who face borrowing constraints. In evaluating different monetary policy options, the model takes into account the constraint that...
3 Sep 2014 | Hamza Malik, Ehsan U. Choudhri
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Project
Monetary Policy in Pakistan: Role of Inflationary Expectations, Credit Frictions and Exchange Market Interventions
Monetary policy in Pakistan is currently operating in an environment in which fiscal deficits and government debt are increasing, the government is continuously borrowing from State Bank of Pakistan, and there is concern that inflation and debt growth would not be controlled. To explore feasible monetary policy options in such an environment, the paper uses a DSGE model...
3 Sep 2014 | Hamza Malik, Ehsan U. Choudhri
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Publication - Working Paper
A Model for Monetary Policy Analysis in Pakistan: The Role of Foreign Exchange and Credit Markets (Working Paper)
1 Mar 2014 | Ehsan U. Choudhri, Hamza Malik
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Publication - Working Paper
Monetary Policy in Pakistan: Confronting Fiscal Dominance and Imperfect Credibility (Working Paper)
1 Dec 2012 | Hamza Malik, Ehsan U. Choudhri
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Publication - Working Paper
Monetary Policy in Pakistan: A Dynamic Stochastic General Equilibrium Analysis (Working Paper)
1 Jun 2012 | Ehsan U. Choudhri, Hamza Malik