About me

Welcome to my personal page, my name is Jamel Saadaoui. I am a teacher and researcher in social sciences, specialized in several topics related to international economics. On this page, I present my current and future research projects and I try to provide some information for the public and for my students. I sometimes write on Probability, Philosophy, Economics, and other topics with a macro perspective. My recent works explore the interactions between geopolitical tensions and the economy.

Since 2024, I am a Full Professor of Economics at the University Paris 8, and I am affiliated to the LED laboratory for my research activities. Furthermore, I teach at the Institut d’Études Européennes. I am also an external consultant for the Asian Development Bank and a research fellow of the Economic Research Forum. Besides, I was an elected member of the National Council of Universities between 2016 and 2024. You can reach me at my professional address. You can find more information on my professional CV.

As 2024 is the Year of the Dragon, Hayao Miyazaki has given us his version of the mythical beast, drawn in his signature style.

Research areas

Applied Macroeconomics, Applied Econometrics, European Economics, International Economics, Political Economy.

Scientific social networks profiles

ResearchGateEconPapersORCIDSSRN

My latest works and projects

Editorial position

Associate Editor of International Economics and Economic Policy (starting in 2024): Springer.

Special issue

  • Guest editor with Jan-Egbert Strum and Amélie Barbier-Gauchard of a special issue of the peer-reviewed journal European Journal of Political Economy: Geopolitical risks, political tensions and the European economy: 10QWWKJQLXQ.

Recent book

  • Statistics. Principles and methods. Giuseppe Cicchitelli, Pierpaolo D’Urso, Marco Minozzo. Translation in French by Jamel Saadaoui, Julien Jacob, Jalal El Ouardighi, Katharina Priedl. Pearson, 16 June 2023: 27440100901150.

Recent special issue

  • Guest editor with Amélie Barbier-Gauchard and Samuel Ligonnière of a special issue of the peer-reviewed journal International Economics: The European Economy in the Time of COVID-19: Towards a New Dawn, February 2023: 10TMZXX625C.

Recent peer-reviewed publications

  • Jamel Saadaoui. Financial Development, International Reserves, and Real Exchange Rate Dynamics: Insights from the Europe and Central Asia Region, Finance Research Letters, 2024. Open Access thanks to a grant from the Université Paris 8-Vincennes: 106359.
  • Joshua Aizenman, Donghyun Park, Irfan A. Qureshi, Jamel Saadaoui, Gazi S. Uddin, The Performance of Emerging Markets During The Fed’s Easing and Tightening Cycles: A Cross-Country Resilience Analysis, Journal of International Money and Finance, 2024, 103169. Free download until October 12, 2024: https://authors.elsevier.com/.
  • Valérie Mignon, Jamel Saadaoui, Asymmetries in the oil market: Accounting for the growing role of China through quantile regressions, Macroeconomic Dynamics, 2024, 10.1017/S1365100524000312.
  • António Afonso, Valérie Mignon, Jamel Saadaoui, On the time-varying impact of China’s bilateral political relations on its trading partners: “doux commerce” or “trade follows the flag”? China Economic Review, Volume 85, June 2024, 102184.
  • Issiaka Coulibaly, Blaise Gnimassoun, Hamza Mighri, Jamel Saadaoui, International reserves, currency depreciation and public debt: new evidence of buffer effects in Africa, Emerging Markets Review, Volume 60, June 2024, 101130.
  • Joshua Aizenman, Sy-Hoa Ho, Luu Duc Toan Huynh, Jamel Saadaoui, Gazi Salah Uddin, Real exchange rate and international reserves in the era of financial integration, Journal of International Money and Finance, Volume 141, March 2024, 103014.
  • Valérie Mignon, Jamel Saadaoui, How Political Tensions and Geopolitical Risks Impact Oil Prices? Energy Economics, Volume 129, January 2024, 107219.
  • Yifei Cai, Jamel Saadaoui, Yanrui Wu, Political Relations and Trade: New Evidence from Australia, China, and the United States, Scottish Journal of Political Economy, 2023. Open Access thanks to a grant from The University of Western Australia: 12367.
  • Rashad Ahmed, Joshua Aizenman, Jamel Saadaoui, Gazi Salah Uddin. On the Effectiveness of Foreign Exchange Reserves during the 2021-22 U.S. Monetary Tightening Cycle, Economics Letters, 233, 2023, 111367.
  • Jamel Saadaoui, Chi Keung Marco Lau, Yifei Cai. Testing fiscal sustainability in OECD countries: new evidence from the past centuries, Applied Economics Letters 31:7, pp. 676-682, 2023, 2142502.
  • Yifei Cai, Valérie Mignon, Jamel Saadaoui. Not All Political Relation Shocks are Alike: Assessing the Impacts of US-China Tensions on the Oil Market. Energy Economics 114, 2023, 106199.
  • Yifei Cai, Jamel Saadaoui. Fourier DF Unit Root Test for R&D Intensity of G7 Countries. Applied Economics 54:42, pp. 4900-4914, 2022, 2038776.
  • Sy-Hoa Ho, Jamel Saadaoui. Bank credit and economic growth: a dynamic threshold panel model for ASEAN countries. International Economics, 170, pp. 115-128, 2022, 03.001.
  • Sy-Hoa Ho, Jamel Saadaoui. Symmetric and asymmetric effects of exchange rates on money demand: empirical evidence from Vietnam. Applied Economics 53:34, pp. 3948-3961, 2021, 1888864.

Recent policy brief

  • William Ginn, Jamel Saadaoui (April 3, 2024), Monetary Policy Reaction to Geopolitical Risks: Some Nonlinear Evidence, INFER BRIEF SERIES: https://infer-research.eu.
  • Joshua Aizenman, Sy-Hoa Ho, Luu Duc Toan Huynh, Jamel Saadaoui, Gazi Salah Uddin (July 21, 2023), Real Exchange Rate and International Reserves in the Era of Financial Integration. INFER BRIEF SERIES: https://infer-research.eu/.

Recent working papers

  • William Ginn, Jamel Saadaoui (October 03, 2024), Do Supply Chain Disruptions Matter for Global Economic Conditions? SSRN Working Paper 4975694.
  • Joshua Aizenman, Jamel Saadaoui (September 16, 2024), The Resilience of Central, Eastern and Southeastern Europe (CESEE) Countries During ECB’s Monetary Cycles, NBER Working Paper w32957.
  • John Beirne, Donghyun Park, Jamel Saadaoui, and Gazi Salah Uddin (September 01, 2024), Impact of Climate Risk on Fiscal Space: Do Political Stability and Financial Development Matter? SSRN Working Paper 4943355.
  • Jamel Saadaoui (29 August 2024), Financial Development, International Reserves, and Real Exchange Rate Dynamics: Insights from the Europe and Central Asia Region. SSRN Working Paper 49412023.
  • William Ginn, Jamel Saadaoui (27 August 2024), Monetary Policy Reaction to Geopolitical Risks in Unstable Environments, SSRN Working Paper : 4762672. Slides for the 4th Workshop on Financial Econometrics and Empirical Modeling of Financial Markets: New Challenges for Monetary Policy and Financial Markets (October 2024): here.
  • Jamel Saadaoui (10 August 2024), The Impact of Political Tensions and Geopolitical Risks on Oil Prices in Unstable Environments. INFER Working Paper 2024.13: https://infer-research.eu/.
  • William Ginn, Jamel Saadaoui (17 July 2024), Impact of Supply Chain Disruptions on Financial Leverage. INFER Working Paper 2024.11: https://infer-research.eu/.
  • Yifei Cai, Gazi Salah Uddin, Jamel Saadaoui (17 June 2024), US Partisan Conflict, Sino-US Political Relation News, and Oil Market Dynamics. INFER Working Paper 2024.12: https://infer-research.eu/.
  • Hugo Oriola, Jamel Saadaoui (31 May 2024), How do geopolitical interests affect financial markets reaction to international institution projects? SSRN Working Paper : ssrn.4849861.
  • Joshua Aizenman, Donghyun Park, Irfan A. Qureshi, Gazi Salah Uddin, Jamel Saadaoui (4 April 2024), The Performance of Emerging Markets During The Fed’s Easing and Tightening Cycles: A Cross-Country Resilience Analysis. NBER Working Paper: w32303. Slides for the MCM Policy Forum, International Monetary Fund, May 2024: here. [UPDATED VERSION August 2024] ADB Working Paper: 735.
  • Issiaka Coulibaly, Blaise Gnimassoun, Hamza Mighri, Jamel Saadaoui (18 December 2023), International reserves, currency depreciation and public debt: new evidence of buffer effects in Africa, BETA Working Paper: 4664347.
  • António Afonso, Valérie Mignon, Jamel Saadaoui (November 27, 2023), On the time-varying impact of China’s bilateral political relations on its trading partners: “doux commerce” or “trade follows the flag”? [UPDATED VERSION with new results for Japan, India and South Korea, April 2024] BETA Working Paper: 4645616.
  • David E. Bloom, Klaus Prettner, Jamel Saadaoui, Mario Veruete (October 18, 2023), Artificial Intelligence and the Skill Premium. [UPDATED VERSION, May 2024] NBER Working Paper: w32430. Related VoxEU column: https://cepr.org/.
  • Valérie Mignon, Jamel Saadaoui, How Political Tensions and Geopolitical Risks Impact Oil Prices? [UPDATED VERSION, October 2023] EconomiX Working Paper 2023-28. Slides for the 3rd MORSE conference, University of Maastricht, October 2023: here.
  • Philipp Roderweis, Jamel Saadaoui, Francisco Serranito (15 May, 2023), The Unintended Consequences of ECB’s Asset Purchases. How Excess Reserves Shape Bank Lending, [UPDATED VERSION, October 2023] BETA Working Paper: 2023-34.
  • Rashad Ahmed, Joshua Aizenman, Jamel Saadaoui, Gazi Salah Uddin (February 13, 2023), On the Effectiveness of Foreign Exchange Reserves During the 2021-22 U.S. Monetary Tightening Cycle. [UPDATED VERSION, August 2023] NBER Working Paper: 30935. Media coverage: The Economist.
  • Joshua Aizenman, Sy-Hoa Ho, Luu Duc Toan Huynh, Jamel Saadaoui, Gazi Salah Uddin (January 30, 2023), Real Exchange Rate and International Reserves in the Era of Financial Integration. [UPDATED VERSION, January 2024], NBER Working Paper30891. Related VoxEU column: https://cepr.org/.
  • Valérie Mignon, Jamel Saadaoui, Asymmetries in the oil market: Accounting for the growing role of China through quantile regressions (December 11, 2022). [UPDATED VERSION, February 2023] EconomiX Working Paper: 2023-6.
  • Yifei Cai, Valérie Mignon, Jamel Saadaoui. Not All Political Relation Shocks are Alike: Assessing the Impacts of US-China Tensions on the Oil Market. (May 20, 2022). CEPII Working Paper: 2022-07.

Selected blog posts

The codes for most of my blogs are available on my GitHub page:

  • Jamel Saadaoui, Visualization of time-varying coefficients, EconMacro Blog, October 13, 2024, www.jamelsaadaoui.com.
  • Jamel Saadaoui, Vector Autoregressions with RATS, EconMacro Blog, August 7, 2024, www.jamelsaadaoui.com.
  • Guest blog, Jamel Saadaoui, Monetary Policy Reaction to Geopolitical Risks: Some Nonlinear Evidence, Econbrowser, invited by Menzie Chinn, March 24, 2024, econbrowser.com.
  • Staff Picks on the Wolfram Community, Jamel Saadaoui, Artificial intelligence and the skill premium, Wolfram Community Blog, November 21, 2023, community.wolfram.com.
  • Guest blog, Jamel Saadaoui, How Political Tensions and Geopolitical Risks Impact Oil Prices, Econbrowser, invited by Menzie Chinn, August 5, 2023, econbrowser.com.
  • Jamel Saadaoui, Illustrating the new LPIRF Stata 18’s command, EconMacro Blog, May 9, 2023, www.jamelsaadaoui.com.
  • Staff Picks on the Wolfram Community, Jamel Saadaoui, The fragility of an incomplete monetary union, Wolfram Community Blog, March 4, 2023, community.wolfram.com.
  • Guest Blog, Eric Clower, Jamel Saadaoui, Addressing Conditional Heteroscedasticity in SVAR Models, APTECH Data Analytics Blog, September 14, 2022, www.aptech.com.
  • Staff Picks on the Wolfram Community, Jamel Saadaoui, A simple model of the determination of the GDP with Mathematica, Wolfram Community Blog, December 19, 2021, community.wolfram.com.



Have you ever seen the Southern coast of Greenland?