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.

I am currently a Senior Lecturer with Habilitation in Economics at the University of Strasbourg, and I am affiliated to the BETA laboratory for my research activities. Furthermore, I teach Economics and Statistics at the Faculty of Economics and Management, FSEG, of the University of Strasbourg. Besides, I have been an elected member of the National Council of Universities since 2016. I co-organize the Cournot Seminar, the main seminar of the BETA-Strasbourg since 2020. Recently, I have been elected to the board of trustees of the University of Strasbourg. I defended my habilitation to supervise research on July 11, 2022. As of the next academic year, I have been promoted to Head of the Master 1 Macroeconomics and European Policy at University of Strasbourg. 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.

Scientific social networks profiles


My latest works and projects


Recent book

  • Statistiques. Principes et méthodes. Giuseppe Cicchitelli, Pierpaolo D’Urso, Marco Minozzo. Translation in French by Jamel Saadaoui, Julien Jacob, Jalal El Ouardighi, Katharina Priedl. Pearson, 16th of June 2023. https://www.pearson.fr/book/?gcoi=27440100901150

Recent special issue

Recent peer-reviewed publications

  • Issiaka Coulibaly, Blaise Gnimassoun, Hamza Mighri, Jamel Saadaoui, International reserves, currency depreciation and public debt: new evidence of buffer effects in Africa, 101130, 2024, Emerging Markets Review, https://doi.org/10.1016/j.ememar.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, 2024, 103014. https://doi.org/10.1016/j.jimonfin.2024.103014.
  • 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, December 2023, 111367. https://doi.org/10.1016/j.econlet.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, 2022. https://doi.org/10.1080/13504851.2022.2142502.
  • 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, 106199, 2022. https://doi.org/10.1016/j.eneco.2022.106199.

Recent expertise report

  • Jamel Saadaoui (décembre 2022, in French), Les accords de libre-échange : quels sont les enjeux pour l’UE ?, Recherche effectuée dans le Cadre d’une convention conclue entre l’Institut de Recherches Économiques et Sociales (IRES) et la CFE-CGC, https://ires.fr/publications/cfe-cgc/13433-2/

Recent policy brief

Recent working papers

  • 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 Series, 32303, https://www.nber.org/papers/w32303

  • António Afonso, Valérie Mignon, Jamel Saadaoui (November 27, 2023), On the time-varying impact of China’s bilateral political relations on its trading partners (1960–2022), CESifo Working paper 10814: https://dx.doi.org/10.2139/ssrn.4665574. [UPDATED VERSION with new results for Japan, India and South Korea, April 2024] On the time-varying impact of China’s bilateral political relations on its trading partners: “doux commerce” or “trade follows the flag”? BETA Working Paper 2024-17: https://ssrn.com/abstract=4645616.
  • Valérie Mignon, Jamel Saadaoui, How Political Tensions and Geopolitical Risks Impact Oil Prices? [UPDATED VERSION, October 2023] EconomiX Working Paper 2023.28: https://econpapers.repec.org/paper/drmwpaper/2023-28.htm. Slides for the 3rd MORSE conference, University of Maastricht, October 2023: here.
  • Philipp Roderweis, Jamel Saadaoui, Francisco Serranito (15 May, 2023), Is Quantitative Easing Productive? The Role of Bank Lending in the Monetary Transmission Process. EconomiX Working Paper 2023-17. [UPDATED VERSION, October 2023] The Unintended Consequences of ECB’s Asset Purchases. How Excess Reserves Shape Bank Lending, BETA Working Paper Series, 2023-34, https://beta-economics.fr/working-papers/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 Series, 30935, https://ideas.repec.org/p/nbr/nberwo/30935.html. Media coverage: The Economist.
  • Francesco De Palma, Samuel Ligonnière, Jamel Saadaoui, Yann Thommen, The role of wage bargaining institutions in the Phillips curve flattening (July 25, 2022). ISEG / REM — Research in Economics and Mathematics Working paper 2022-07: https://econpapers.repec.org/paper/iseremwps/wp02362022.htm. Slides for the Nuremberg Research Seminar in Economics, April 2023: here.

Selected blog posts

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