Professor Abdol Soofi is a tenured professor of economics at the University of Wisconsin-Platteville. An expert in Applied Macroeconomics, Econometrics, and Monetary Policy, he has been a visiting professor in institutions of higher learning as varied as: Harbin Institute of Technology, China; University of International Business and Economics, Beijing, China; University of Wisconsin-Milwaukee; California State Polytechnic University; and Chinese Academy of Science, Beijing, China. His research and publications have informed public policies in Iran, the United States, and China; he remains very active as an academic, and a consultant in fiscal and monetary policies.
Ph.D., Economics, 1980, University of California, Riverside.
M.S., Economics, 1972, California State Polytechnic University, Pomona.
B.Sc., Economics, 1970, California State Polytechnic University, Pomona.
Areas of Research:
Exchange-rate dynamics and forecasting.
China’s exchange rate policy
Inflation dynamics and forecasting.
Testing for existence of nonlinear interdependence between the stock markets.
Technology management in the emerging economies.
Cross-border Mergers and Acquisitions
Soofi, A. and S. Ghazinoory (eds.) (2013) Science and Innovations in Iran: Development, Progress, and Challenges, Palgrave-Macmillan, New York.
Soofi, A. with L. Cao (editors) (2002) Modeling and Forecasting Financial Data: Techniques of Nonlinear Dynamics, Kluwer Academic Publishers, Boston.
Soofi, A. (1997) A Practical Guide to International Business, Second Edition, ITP Publishers: Encino, CA.
Hassani, Hossien, Abdol S. Soofi, and Anatoly, Zhigljavsky (2013) Predicting inflation dynamics with singular spectrum analysis, Journal of Royal Statistical Society, Series A, 176, Part 2, 1-18.
Soofi, Abdol and Sepehr Ghazinoory (2013) “Introduction” ” in Soofi A. and S. Ghazinoory Science and Innovation in Iran: Development, Progress and Challenges, N.Y.: Palgrave-Macmillan.
Soofi, Abdol , Sepehr. Ghazinoory, and Sanam. Farnoodi (2013) “National Innovation System of Iran” in Soofi A. and S. Ghazinoory Science and Innovation in Iran: Development, Progress and Challenges, N.Y.: Palgrave-Macmillan.
Soofi, Abdol (2013) `` The economic problems of Iran: Some suggested remedial policies ” , Alef Portal 29 September 2013 (in Farsi) . http://www.alef.ir/vdci53azut1a3v2.cbct.html?199840
Soofi, Abdol (2013) “Inflation and Foreign Exchange Crises in Iran: 1359-1391” Alef Portal, 13 January 2013. http://www.alef.ir/vdchvmnzv23nqqd.tft2.html?175700
Soofi, Abdol, Zhe Li, and Xiaofeng Hui (2012) ``Nonlinear Interdependence of Chinese Stock Markets,” Quantitative Finance, Vol. 12, Issue 3, 397-410,
Hassani, Hossein. , Abdol Soofi, and Mohammad Sadegh Avazalipourd (2011)
`` Forecasting GDP With Aggregated and Sectoral Data,” Fluctuation and Noise Letters,
Soofi, Abdol, Sepehr Ghazinoory, (2011) ``The Network of the Iranian Techno-economic System,” Technological Forecasting and Social Change, 78: 591-609.
Zhang, Yuqin., Abdol Soofi., and Shouyang Wang, (2011) ``Testing for Nonlinearity of Exchange Rates: An Information Theoretic Approach,” Journal of Economic Studies, Vol. 38:637-657. DOI 10.1108/01443581111177367
Hassani, H., Zhigljavsky, A. Patterson, K., and Soofi, A. (2010) ``A Comprehensive Causality Test Based on the Singular Spectrum Analysis,” in Mckay, P., F. Russo, and J. Williamson, Causality in the Sciences, Oxford: Oxford University Press.
Hassani, H., Soofi, Abdol , and A.A. Zhigljavsky (2009) `` Predicting Daily Exchange Rate with Singular Spectrum Analysis,” Nonlinear Analysis: Real World Applications, doi:10.1016/j.nonrwa.2009.05.008.
Soofi, Abdol (2009) ``China's Exchange Rate Policy and the United States' Trade Deficits, “ Journal of Economic Studies, Vol. 36, 1:36-65
Ghazinoory, S., A. Divsalar, and A. S. Soofi (2008) ``A New Definition and Framework for Development of National Technology Strategy: The case of nanotechnology for Iran, “ Technological Forecasting and Social Change, doi:10.1016/j.techfore.2008.10.004.
Soofi, Abdol, (2008) ``Global Financial Integration and the MENA Countries : Evidence
from the Equity and Money Markets,” Review of Middle East Economics and Finance,
Vol. 4 / Number 2 .
Wang, Y., X. Hui, and A. Soofi (2007) “Estimating Renminbi (RMB) Equilibrium Exchange Rate,” Journal of Policy Modeling, Volume 29, Issue 3, May-June 2007, Pages 417-429.
Soofi, A. S. Wang, Y. Zhang (2006) “Testing for Long Memory in the Asian Foreign Exchange Rates,” Journal of System Sciences and Complexity, Vol. 19, No. 2.
Soofi, A. and S. Moussavi (2004) “Transmission of Real Economic Shocks across the Pacific Rim Economies", Journal of Policy Modeling, 62.
Soofi, A. (2004) “Long Memory in the Gulf States’ Foreign Currency Markets,” Scientific Journal of Administrative Development. (June).
Zhu, H., Z. Lu, S. Wang, and A. Soofi, (2004) “Causal Linkages Among Shanghai, Shenzhen, and Hong Kong Stock Markets”, International Journal of Theoretical and Applied Finance, Vol.7, No.2.
Soofi, A. and A. Galka (2003) “Measuring the Complexity of Currency Markets by Fractal Dimension Analysis”, International Journal of Theoretical and Applied Finance, Vol. 6, No. 6, September.
Soofi, A. and A. Bhatnagar (2003) “Comparative efficacy of clickthru and affiliate pricing: Time series evidence, Journal of Applied Business Research
Soofi, A., S. Y. Wang, and Y. Zhang (2003) Detecting long-rang dependence in the Asian foreign exchange markets,’ in Chen, G. , T.C.E. Cheng, and J., Gu (eds.) Systems Science and Systems Engineering, Hong Kong: Global-Link Publishers.
Huang, W., A. Soofi, S. Y. Wang and Y. Wu (2003) “Nonlinear tests for stock market index: Evidence from China,” in Lai, K. K. and S. Y. Wang (eds.) Financial Systems Engineering, Vol. 2, Hong Kong: Global-Link Publishers
Soofi, A. and L. Cao “Nonlinear Forecasting of Noisy Financial Data”, in Soofi and Cao (eds.) ) (2002) Modeling and Forecasting Financial Data: Techniques of Nonlinear Dynamics, Kluwer Academic Publishers, Boston.
Soofi, A. with L.Cao (2002) “Prediction and Volatility of Black Market Currencies: Evidence from Renminbi and Rial Exchange Rates,” , International Journal of Theoretical and Applied Finance., Vol. 5, No. 6, September.
Soofi, A. and S. Payesteh (2002) “ARFIMA Modelling and Persistence of Shocks to the Exchange Rates: Does the Optimal Periodogram Ordinate Matter? Advanced Modeling and Optimization: An Electronic International Journal, Vol. 4, No. 1.
Cao, L. and Soofi, A. (1999) “Nonlinear Deterministic Forecasting of Daily Dollar Exchange Rates”, International Journal of Forecasting, 15: 421-430.
Soofi, A. and L. Cao (1999) “Nonlinear Deterministic Forecasting of Daily Peseta-Dollar Exchange Rate”, Economics Letters, 62 (2) 175-180.