About me

Welcome to my personal page, I am Professor 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.

Based in Paris, I am a Full Professor of Economics at the University of Paris 8, where I study the intersection of global finance, geopolitics, and sustainable development. More recently, I have been nominated as a Research Associate at the Centre for Applied Macroeconomic Analysis (CAMA). Alongside my academic work, I served as an External Consultant for the Asian Development Bank, the Asian Development Bank Institute, the European Commission, and Timberlake Consultants, and as an External Lecturer at SKEMA Business School. My research and advisory activities aim to bridge rigorous economic analysis with real-world policy challenges. 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.

Kimitachi wa Do Ikiruka (How Do You Live?)

Research areas

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

Scientific social network profiles

ResearchGate — IDEAS/RePEc — ORCID — SSRN

My latest works and projects

Awards and Prizes

SJPE Best Paper 2024: I won the Scottish Journal of Political Economy Prize, chosen by the editorial board of the SJPE for the best paper published in 2024, together with Yifei Cai and Yanrui Wu for our research in Open Access: Political relations and trade: New evidence from Australia, China, and the United States.

Selected peer-reviewed publications

  1. Saadaoui, J. (2026). Geopolitical Turning Points and Macroeconomic Volatility: A Bilateral Identification Strategy. Journal of Comparative Economics.
  2. Aizenman, J., Ito, H., Park, D., Saadaoui, J., & Uddin, G. S. (2026). Global Shocks, Institutional Development, and Trade Restrictions: What Can We Learn from Crises and Recoveries Between 1990 and 2022? Journal of International Money and Finance, 161, 103504.
  3. Aizenman, J., & Saadaoui, J. (2026). How Institutions Interact with Exchange Rates After the 2024 US Presidential Election: New High-Frequency Evidence. Economics and Politics.
  4. Saadaoui, J., Smyth, R., & Vespignani, J. (2025). Ensuring the Security of the Clean Energy Transition: Examining the Impact of Geopolitical Risk on the Price of Critical Minerals. Energy Economics, 142, 108195.
  5. Ginn, W., & Saadaoui, J. (2025). Monetary Policy Reaction to Geopolitical Risks in Unstable Environments. Macroeconomic Dynamics, 29, e90.
  6. Aizenman, J., Ho, S. H., Huynh, L. D. T., Saadaoui, J., & Uddin, G. S. (2024). Real Exchange Rate and International Reserves in the Era of Financial Integration. Journal of International Money and Finance, 141, 103014.
  7. Afonso, A., Mignon, V., & Saadaoui, J. (2024). 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, 85, 102184.
  8. Mignon, V., & Saadaoui, J. (2024). How Do Political Tensions and Geopolitical Risks Impact Oil Prices? Energy Economics, 129, 107219.
  9. Saadaoui, J. (2015). Global Imbalances: Should We Use Fundamental Equilibrium Exchange Rates? Economic Modelling, 47, 383-398.

The complete list of my peer-reviewed publications is available here. My NBER working papers and active research projects are presented on separate pages.

Selected VoxEU columns

My VoxEU columns translate recent research into accessible analyses of international macroeconomics, geopolitical fragmentation, institutions, technological change, and economic policy.

  1. Aizenman, J., Saadaoui, J., Uddin, G. S., & Yago, N. (2026). Dollar liquidity, gold reserves, and US monetary spillovers in a fragmenting world. VoxEU, July 10, 2026.
  2. Aizenman, J., & Saadaoui, J. (2025). How institutions interact with exchange rates after the 2024 US presidential election. VoxEU, August 28, 2025.
  3. Aizenman, J., Ito, H., Park, D., Saadaoui, J., & Uddin, G. S. (2025). Global shocks, institutional development, and trade restrictions: Learning from crises and recoveries between 1990 and 2022. VoxEU, August 6, 2025.
  4. Aizenman, J., Ho, S.-H., Huynh, L. D. T., Saadaoui, J., & Uddin, G. S. (2023). Real exchange rate and international reserves in the era of financial integration. VoxEU, November 6, 2023.
  5. Bloom, D., Prettner, K., Saadaoui, J., & Veruete, M. (2024). The expansion of AI will likely shrink earnings inequality. VoxEU, October 18, 2024.

Selected Keynote and Research Presentations

Slides from selected keynote lectures, central-bank seminars, and major international research conferences and workshops are available below.

  1. Aizenman, J., Ito, H., & Saadaoui, J. (2026). Comparative Advantage and Openness under Global Fragmentation: Lessons from the Past 65 Years. Keynote address, ADB-AMRO Conference on Fiscal and Monetary Policies in Developing Economies for Navigating Fragmentation Risks, Singapore, July 29, 2026.
  2. Saadaoui, J. (2026). Geopolitical Turning Points and Macroeconomic Volatility: A Bilateral Identification Strategy. Research presentation, Silvaplana Political Economy Workshop, Sporthotel Pontresina, Switzerland, July 27, 2026.
  3. Aizenman, J., Ito, H., Park, D., Saadaoui, J., & Uddin, G. S. (2025). Global Shocks, Institutional Development, and Trade Restrictions: What Can We Learn from Crises and Recoveries Between 1990 and 2022?. Conference presentation, ADB-BOK-JIMF Conference on Fiscal and Monetary Policies for Inclusive Growth in Developing and Emerging Markets, Bank of Korea, Seoul, July 17, 2025.
  4. Aizenman, J., & Saadaoui, J. (2025). How Institutions Interact with Exchange Rates After the 2024 US Presidential Election: New High-Frequency Evidence. Invited research seminar, Bank of Korea, Seoul, July 18, 2025.

Selected EconMacro blog posts

Code, data, and replication files for most of these posts are available on my GitHub page.

  1. Jamel Saadaoui, Regression Adjustment for Heterogeneous DiD in Stata: Comparing xthdidregress, lwdid, jwdid, and csdid, EconMacro Blog, July 21, 2026.
  2. Jamel Saadaoui, A Teulings-Zubanov-Style Correction for LP-IV Models with Stata, EconMacro Blog, July 28, 2026.
  3. Jamel Saadaoui, Equivalence of Cholesky-Identified Shocks in VARs and Local Projections, EconMacro Blog, May 6, 2026.
  4. Jamel Saadaoui, Why Joint Significance Tests Matter in Local Projections, EconMacro Blog, July 4, 2026.
  5. Jamel Saadaoui, Statistical Difference between Regimes in State-Dependent Local Projections Using XTLP, EconMacro Blog, April 27, 2026.
  6. Jamel Saadaoui, Panel VAR with StataNow 18.5, EconMacro Blog, January 10, 2025.
  7. Jamel Saadaoui, Illustrating the New IVLPIRF Stata 19 Command, EconMacro Blog, March 6, 2026.
  8. Jamel Saadaoui, New Data on United Nations General Assembly Ideal Points, EconMacro Blog, July 29, 2025.
  9. Jamel Saadaoui, Using DBnomics with Stata, EconMacro Blog, July 27, 2022.



Have you ever seen the Southern coast of Greenland?

Two nice quotes to end the presentation:

“If applied econometrics was easy, theorists would do it. But it s not as hard as the dense pages of Econometrica might lead you to believe. Carefully applied to coherent causal questions, regression and 2SLS almost always make sense. Your standard errors probably won’t be quite right, but they rarely are. Avoid embarrassment by being your own best skeptic- and, especially, Don’t Panic!“

Mostly Harmless Econometrics: An Empiricist’s Companion by Joshua D. Angrist and Jörn-Steffen Pischke.

“There’s no failure in sports. There’s good days, bad days, some days you are able to be successful, some days you are not, some days it is your turn, some days it’s not. That’s what sports is about. You don’t always win.”

Giannis Antetokounmpo in 2023.