Dr. Hamed Ghoddusi

ASSISTANT PROFESSOR
Building: Babbio Center
Room: 417
Phone: 201 216 3512
Fax: 201 216 5385
Email: Hamed.Ghoddusi@stevens.edu
Education
  • Postdoc, Massachusetts Institute of Technology (MIT), 2011-2013
  • PhD in Finance, Vienna Graduate School of Finance (VGSF), 2007-2011
  • Visiting PhD Student, University of Texas, Austin, 2009-2010
  • Post-graduate diploma in Economics, Institute for Advanced Studies
    (IHS), Vienna, 2005-2007
  • M.B.A, Sharif University of Technology, 2000-2003
  • BSs in Industrial Engineering, Sharif University of Technology, 1995-2000
Research

 

Research Interests: Asset Pricing, Energy and Environmental Economics, Financial Innovation and Contracts, Risk Management, Economics of Water Resources

Refereed Journal Articles

  • Ghoddusi H and Roy M, "Supply Elasticity Matters for the Rebound Effect and Its Policy Implications", Energy Economics (forthcoming) 
  • Ghoddusi H, with Mohamad Afkhami and Lindsey Cormack, "The Most Predictive Energy Search Terms", Energy Economics (forthcoming) 

Working Papers

  • "Fundumentals and Option Implied Volatility: The Predictive Power for Natural Gas", with Sahar Emamzadeh, Under Review
  • "A Dynamic Relationship between Crude Oil and Refined Products", with Mohamad Afkhami and Robert Kunst, Under Review, SSRN
  • "The Expected Hitting Time Approach to Optimal Price Adjustment Problems", with Yiying Cheng, Chihoon Lee, and Yaozhong Hu, Under Review, SSRN
  • "Price Elasticity of Gasoline Smuggling", with N Rafizadeh and MH Rahmati, R&R, SSRN
  • "Option Value of Mortgage Interest Tax Deductibility", SSRN
  • "Transmission of Risk in a Supply Chain", New Version 2016, Co-authored by Sheridan Titman and Stathis Tompaidis
  • "Term Structure of Commodity Roll Returns", 2016, SSRN
  • "Immigration Option and Optimal Investment in Human Capital", 2016, Co-authored by Baran Siyahhan, Under Review, SSRN
  • "Tiying Virtual Water to Water and Agriculture Policies", jointly with Mohammad Afkhami and Filippo Pavesi
  • "Islamic Finance and the Energy Sector", 2015, R&R, SSRN
  • "Scenarios for Biofuels Producers in a Deregulated Market", 2015, Under Review, SSRN
  • "Endogenous Entry, Long-Run Risks, and Asset Prices", 2012
  • "Can Long-Run Risks Explain Commodity Risk Premium Puzzle?", 2011

Book Chapters:

Work in Progress

  • Crude or Refined? Optimal Downstream Investment for Oil-Producing Economies 
  • Quota Allocation and Non-Compliance in OPEC
  • RINs under Uncertainty 
  • Optimal Contract Design for a Cancer Research Fund
  • Spreads and Capacity Utilization 
  • Hedging Through Technological Improvement  
Experience
  • Post-doctoral Associate, Massachusetts Institute of Technology (MIT), 2011-2013
  • Visiting Scholar, Oxford Institute for Energy Studies (OIES), 2011
  • Young Scientist Summer Program (YSSP), International Institute for Applied Systems Analysis (IIASA), 2010
  • Consultant, United Nations Industrial Development Organization, 2004-2005
Professional Service

Selected Conference Presentations

  • International Water Resource Economics Conference, 2016
  • International Energy Workshop, 2016
  • European Environmental and Resource Economics, 2016
  • European Environmental and Resource Economics, 2015
  • International Energy Workshop, 2015
  • UC Berkeley Bioeconomy Conference, 2015
  • Financial Management Association (FMA), 2014
  • World Congress of Environmental and Resource Economics (WCERE), 2014
  • UC Berkeley Bioeconomy Conference, 2013
  • Financial Management Association (FMA), Atlanta, 2012
  • European Environmental and Resource Economics, 2012
  • International Association of Energy Economics (IAEE), North America, 2012
  • European Economic Association Meeting (AEA), 2011
  • European Summer School in Resource and Environmental Economics, 2011
  • Mainz Workshop in Labour Economics: Migration, Discrimination, Inequality and Poverty
  • European Financial Management Association (EFMA), 2010
  • Empirical Methods in Energy Economics, UK, June 2010
  • 13th Annual Real Options Conference, 2009

Discussant Service in Conferences:

  • 4th Conference of the Iranian Economy, 2016
  • European Environmental and Resource Economics (EAERE2016)
  • World Congress of Environmental and Resource Economics (WCERE), 2014
  • European Environmental and Resource Economics (EAERE2012), “Complete Extraction Costs and the Optimal Exploitation of Two Non-Renewable Polluting Resources” 2012
  • Financial Management Association (FMA),“Infrastructure: Real Assets and Real Returns”, 2012
  • The European Winter Finance Summit (EWFS), “Strategic IPOs and Product Market Competition “, 2011
  • The European Winter Finance Summit (EWFS), “Hedging Policies, Incentives and Market Power”, 2010
Consulting Service
  • United Nations Development Program (UNDP)
  • United Nations Industrial Development Organization (UNIDO)
  • International Institute for Applied Systems Analysis (IIASA)
  • Various individual projects related to investment evaluation, and financial and economic policies (especially in resource-rich economies)
Honors & Awards

Semi-Finalist, Best Paper Award in Investment Category, Financial Management Association (FMA), 2012 

Appointments
  • Assistant Professor of Finance, Howe School of Technology Management, 2013-

 

Grants, Contracts & Funds
  • USDA, EverGreen Project, Co-Investigator, 2016
  • Howe School Alliance for Technology Management (HSATM) Grant, 2013
  • MIT/BP Biofuels Grant, Co-Developer of the Grant Proposal, 2012
  • Full Scholarship, Vienna Graduate School of Finance, 2007-2011
  • Full Scholarship, Institute for Advanced Studies (IHS), 2005-2007
Courses
  • BT 321 Corporate Finance
  • MGT 810 Special Topics in Management
  • QF 401 Senior Design Research Projects in Quantitative Finance I
  • QF 402 Senior Design Research Projects in Quantitative Finance II