Asad Zaman

Quaid-i-Azam University - Pakistan Institute of Development Economics (PIDE)

Ex-Vice Chancellor

Quaid-i-Azam University Campus

P.O.Box 1091

Islamabad, Federal Capital 44000

Pakistan

SCHOLARLY PAPERS

76

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16,538

SSRN CITATIONS
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SSRN RANKINGS

Top 6,526

in Total Papers Citations

48

CROSSREF CITATIONS

125

Ideas:
“  I recently wrote up "Subjective Probability Does Not Exist", based on ideas I have been working on for two decades. Paper shows how logical positivist attempts to tun probability, which deals with what might have been, into an observable fail completely. Both frequentism and subjectivism are examples of positivist failure to define probability. Alternatives based on critical realism - a realist philosophy of science - are presented.  ”

Scholarly Papers (76)

1.

Islamic Economics: A Survey of the Literature

University of Birmingham: Religions and Development Research Programme, Working Paper No. 22
Number of pages: 158 Posted: 12 Oct 2008 Last Revised: 25 Sep 2014
Asad Zaman
Quaid-i-Azam University - Pakistan Institute of Development Economics (PIDE)
Downloads 2,077 (7,459)
Citation 12

Abstract:

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Islamic Economics

2.

The Rise and Fall of the Market Economy

Review of Islamic Economics, Vol. 14, No. 2, 2010, pp. 123-155
Number of pages: 33 Posted: 06 Sep 2012
Asad Zaman
Quaid-i-Azam University - Pakistan Institute of Development Economics (PIDE)
Downloads 1,766 (9,799)
Citation 3

Abstract:

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Market Economy, Market Society, Capitalism

3.

The Empirical Evidence Against Utility Maximization

published with title changed to:" The Empirical Evidence Against Neoclassical Utility Theory: A Review of the Literature," International Journal of Pluralism and Economics Education, Vol. 3, No. 4, 2012, pp. 366-414
Number of pages: 59 Posted: 04 Apr 2012 Last Revised: 28 Jul 2013
Asad Zaman and Mehmet Karacuka
Quaid-i-Azam University - Pakistan Institute of Development Economics (PIDE) and Ege University - Faculty of Economic and Administrative Sciences
Downloads 977 (24,377)
Citation 2

Abstract:

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behavioral economics, utility theory

4.

Review of 'House of Debt' by Atif Mian & Amir Sufi

Pakistan Development Review, vol 52, #3, Forthcoming
Number of pages: 14 Posted: 02 Nov 2014 Last Revised: 21 Nov 2014
Asad Zaman
Quaid-i-Azam University - Pakistan Institute of Development Economics (PIDE)
Downloads 673 (40,850)

Abstract:

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Great Depression, Global Financial Crisis, Debt-Deflation, Levered Debt

5.

Failures of the 'Invisible Hand'

Forum for Social Economics, Vol. 45, Iss. 1, 2016
Number of pages: 27 Posted: 19 Jul 2013 Last Revised: 23 Jul 2016
Rafi Amir-ud-Din and Asad Zaman
International Islamic University, Islamabad and Quaid-i-Azam University - Pakistan Institute of Development Economics (PIDE)
Downloads 556 (52,411)
Citation 2

Abstract:

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invisible hand, market economy, traditional society, East Asian financial crisis, trade barriers

6.

The Methodology of Polanyi's Great Transformation

Pre-publication version of: Zaman, A. (2016) ‘The Methodology of Polanyi’s Great Transformation.’ Economic Thought, 5.1, pp. 44-63
Number of pages: 20 Posted: 22 Jun 2014 Last Revised: 28 May 2016
Asad Zaman
Quaid-i-Azam University - Pakistan Institute of Development Economics (PIDE)
Downloads 521 (56,911)
Citation 2

Abstract:

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Methodology, Social Science, Capitalism, Liberalism

7.

Measuring the Systematic Risk of Ipo's Using Empirical Bayes Estimates in the Thinly Traded Istanbul Stock Exchange

International Journal of Business, Vol. 8, No. 3, 2003, Cass Business School Research Paper, CUBS Finance Working Paper No. 07
Number of pages: 20 Posted: 19 Aug 2003
Queen Mary University of London, Quaid-i-Azam University - Pakistan Institute of Development Economics (PIDE) and Fatih University - Department of Economics
Downloads 471 (64,576)

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Empirical Bayes method, Beta estimation, Forecasting, Capital Asset Pricing Model, Initial public offering

8.

The Origins of Western Social Sciences

Journal of Islamic Economics, Banking and Finance, Vol. 5, No. 2, pp. 9-22, 2009
Number of pages: 13 Posted: 12 Mar 2009 Last Revised: 17 Sep 2010
Asad Zaman
Quaid-i-Azam University - Pakistan Institute of Development Economics (PIDE)
Downloads 468 (65,093)
Citation 1

Abstract:

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Social Science, Islamization of Knowledge

9.

Methodological Mistakes and Econometric Consequences

International Econometric Review, Vol 4. Issue 2, p. 99-122, September 2012
Number of pages: 24 Posted: 03 Sep 2012
Asad Zaman
Quaid-i-Azam University - Pakistan Institute of Development Economics (PIDE)
Downloads 455 (67,359)

Abstract:

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Econometric Methodology, logical positivism, realism, causality, VAR models, Forecasting, surprise, goodness of fit

10.

Islamic Approaches to Fundamental Economic Problems

Number of pages: 36 Posted: 14 Mar 2013 Last Revised: 30 Jul 2013
Asad Zaman
Quaid-i-Azam University - Pakistan Institute of Development Economics (PIDE)
Downloads 453 (67,894)
Citation 1

Abstract:

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Scarcity, Economic Growth, Islamic Economics

11.

Islam versus Economics

pre-publication Draft: Chapter 2 in Handbook on Islam and Economic LIfe, edited by Kabir Hassan and Mervyn Lewis, Edward Elgar Press, (2015).
Number of pages: 26 Posted: 28 Jul 2013 Last Revised: 24 Jun 2015
Asad Zaman
Quaid-i-Azam University - Pakistan Institute of Development Economics (PIDE)
Downloads 422 (73,786)

Abstract:

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Islamic Economics, Human Development, Wealth, Waqf

12.

Deification of Science and Its Disastrous Consequences

International Journal of Pluralism in Economics Education, Vol 6, No.2, 181-197 (2015)
Number of pages: 19 Posted: 04 May 2013 Last Revised: 22 Oct 2019
Asad Zaman
Quaid-i-Azam University - Pakistan Institute of Development Economics (PIDE)
Downloads 379 (83,619)
Citation 1

Abstract:

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Methodology, Hypothetico-Deductive, Axiomatic, Induction, Normative Positive Distinction

13.

An Islamic Version of the Iceland Plan for Monetary Reform

Conference on “Advancements in Islamic Finance and Business in the 21st Century” organized by FAST-NUCES, on Islamabad Campus of National University of Computers & Emerging Sciences [NUCES], on April 24-25, 2015.
Number of pages: 17 Posted: 15 Apr 2015
Asad Zaman
Quaid-i-Azam University - Pakistan Institute of Development Economics (PIDE)
Downloads 355 (90,186)

Abstract:

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Islamic Economics, Elimination of Interest, Chicago Plan, Monetary Reform

14.

Logical Positivism and Islamic Economics

International Journal of Economics, Management and Accounting, Vol 21, No. 2, pp1-18. published by International Islamic University of Malaysia
Number of pages: 24 Posted: 02 Jan 2013 Last Revised: 18 Apr 2015
Asad Zaman
Quaid-i-Azam University - Pakistan Institute of Development Economics (PIDE)
Downloads 347 (92,567)
Citation 3

Abstract:

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15.
Downloads 306 (107,177)
Citation 6

An Islamic Approach to Inequality and Poverty

Journal of King Abdulaziz University: Islamic Economics, Vol. 31, No. 1, 2018
Number of pages: 24 Posted: 04 Jan 2018
Asad Zaman
Quaid-i-Azam University - Pakistan Institute of Development Economics (PIDE)
Downloads 172 (188,777)

Abstract:

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Poverty, Inequality, Islamic Economics, Polanyi

An Islamic Approach to Inequality and Poverty

Journal of King Abdulaziz University: Islamic Economics, Vol. 31, No. 1, January 2018
Number of pages: 24 Posted: 23 May 2018
Asad Zaman
Quaid-i-Azam University - Pakistan Institute of Development Economics (PIDE)
Downloads 134 (230,354)
Citation 1

Abstract:

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16.
Downloads 300 (108,751)
Citation 4

Interest and the Modern Economy

The Lahore Journal of Economics, Vol. 6, No.1, pp. 113-127, 2002, Islamic Economic Studies, Vol. Vol. 8, No. 2, Muharram 1422H (April 2000)
Number of pages: 12 Posted: 31 Jan 2009
Arshad Zaman and Asad Zaman
Independent Scholar and Quaid-i-Azam University - Pakistan Institute of Development Economics (PIDE)
Downloads 266 (122,843)

Abstract:

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Islamic Economics, prohibition of interest

Interest and the Modern Economy

Islamic Economic Studies, Vol. 8, No. 2, 2001
Number of pages: 14 Posted: 19 Apr 2018
Arshad Zaman and Asad Zaman
Independent Scholar and Quaid-i-Azam University - Pakistan Institute of Development Economics (PIDE)
Downloads 34 (491,473)

Abstract:

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17.

Corruption: Measuring the Unmeasurable

Humanomics, Vol. 25, No. 2, pp. 117-126, June 2009
Number of pages: 19 Posted: 03 Dec 2008 Last Revised: 30 Sep 2009
Asad Zaman and Faiz Rahim
Quaid-i-Azam University - Pakistan Institute of Development Economics (PIDE) and International Islamic University, Islamabad - Faculty of Social Sciences
Downloads 282 (116,096)
Citation 2

Abstract:

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Corruption, Measurement, Corruption Perception Index

18.

The Normative Foundations of Scarcity

Real-World Economics Review, issue no. 61, 26 September 2012, pp. 22-39
Number of pages: 21 Posted: 18 Feb 2010 Last Revised: 25 Aug 2018
Asad Zaman
Quaid-i-Azam University - Pakistan Institute of Development Economics (PIDE)
Downloads 264 (124,410)
Citation 15

Abstract:

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scarcity, logical positivism, methodology, normative positive distinction, fact value distinction

19.

On the Nature of Modern Money

Chapter in "Islamic Economic Perspectives and Theoretical Models." eds Tariqullah Khan and Salman Syed Ali, IRTI, IDB and QFIS, HBKU (Forthcoming)
Number of pages: 35 Posted: 17 Dec 2014 Last Revised: 22 Oct 2019
Asad Zaman
Quaid-i-Azam University - Pakistan Institute of Development Economics (PIDE)
Downloads 257 (128,043)

Abstract:

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Chicago Plan, Islamic Finance, History of Banking, Economic Justice, Debt

20.

Re-Defining Islamic Economics

Presented at workshop on “Basic Concepts and Thoughts in Islamic Economics” held in Istanbul during 1-3 March 2013., To appear as chapter in Islamic Economics: Basic Concepts, New Thinking and Future Directions, editors Taha Egri & Necmettin Kizilkaya, Cambridge Scholars Publishing, 2015
Number of pages: 28 Posted: 23 May 2015
Asad Zaman
Quaid-i-Azam University - Pakistan Institute of Development Economics (PIDE)
Downloads 248 (132,783)

Abstract:

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Islamic Economics, Justice, Equity, Epistemology, Logical Positivism

21.

Econometric Applications of High-Breakdown Robust Regression Techniques

Economics Letters, Volume 71, Issue 1, April 2001, Pages 1-8, ISSN 0165-1765, 10.1016/S0165-1765(00)00404-3
Number of pages: 8 Posted: 24 Sep 2012
Asad Zaman, Mehmet Orhan and Peter Rousseeuw
Quaid-i-Azam University - Pakistan Institute of Development Economics (PIDE), Fatih University - Department of Economics and affiliation not provided to SSRN
Downloads 242 (136,030)
Citation 1

Abstract:

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High breakdown estimates, Masking, Robust regression, Outlier, Leverage point, Least trimmed squares (LTS), Minimum covariance determinant (MCD)

22.
Downloads 234 (141,119)
Citation 3

Islam's Gift: An Economy of Spiritual Development

American Journal of Economics and Sociology, 2019, Forthcoming
Number of pages: 33 Posted: 24 Jan 2019 Last Revised: 01 Mar 2019
Asad Zaman
Quaid-i-Azam University - Pakistan Institute of Development Economics (PIDE)
Downloads 148 (213,771)
Citation 2

Abstract:

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Islamic economics, homo economicus, homo islamicus, spiritual transformation

Introduction to Islamic Economics

American Journal of Economics and Sociology, 2019, Forthcoming
Number of pages: 30 Posted: 15 Jan 2019
Asad Zaman
Quaid-i-Azam University - Pakistan Institute of Development Economics (PIDE)
Downloads 86 (315,163)

Abstract:

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Islamic economics, homo economicus, homo islamicus, spiritual transformation

23.

Developing an Islamic World View: An Essential Component of an Islamic Education

Lahore Journal of Policy Studies, Vol. 1, No. 1, pp. 95-105, 2007
Number of pages: 14 Posted: 17 Sep 2010
Asad Zaman
Quaid-i-Azam University - Pakistan Institute of Development Economics (PIDE)
Downloads 219 (149,864)

Abstract:

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Islamic education, secular education

24.

Death of a Metaphor: The Invisible Hand

International Journal of Pluralism and Economics Education, vol 4, no 1, p 15-29, 2013
Number of pages: 17 Posted: 30 Jun 2012 Last Revised: 27 Jul 2018
Asad Zaman
Quaid-i-Azam University - Pakistan Institute of Development Economics (PIDE)
Downloads 194 (167,827)
Citation 4

Abstract:

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the invisible hand, models

25.

The Conflict between General Equilibrium and the Marshallian Cross

Number of pages: 31 Posted: 31 Aug 2009 Last Revised: 30 Jun 2012
Ismail Saglam and Asad Zaman
TOBB University of Economics and Technology and Quaid-i-Azam University - Pakistan Institute of Development Economics (PIDE)
Downloads 179 (180,434)
Citation 2

Abstract:

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Curve, Partial Equilibrium, General Equilibrium

26.

Building Genuine Islamic Financial Institutions

"Building Genuine Islamic Financial Institutions", Journal of Islamic Economics, Banking and Finance, Volume 11, Number 2 (April-June, 2015) pp 13-32, Presented at Conference on: Economics and Ethics” organized by the Center for Islamic Legislation and Ethics (CILE) in Doha, Qatar on the 10-12 of June 2014, Presented at 3rd International Conference on Islamic Business & Finance, at Riphah University, Islamabad, Pakistan on Feb 10-11, 2014
Number of pages: 18 Posted: 25 Aug 2014 Last Revised: 29 May 2016
Asad Zaman
Quaid-i-Azam University - Pakistan Institute of Development Economics (PIDE)
Downloads 178 (181,309)

Abstract:

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Islamic Economics, Islamic Financial Institutions, Spirit of Capitalism, Cooperation, Generosity

27.

Revisiting the Foundations of Probability

Number of pages: 19 Posted: 19 Mar 2016 Last Revised: 30 Apr 2016
Asad Zaman
Quaid-i-Azam University - Pakistan Institute of Development Economics (PIDE)
Downloads 175 (184,018)

Abstract:

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Frequentism, Subjective probability, Dutch Book, Metaphor, Falsification

28.

Changing Point and Parameter Instability with Heteroskedastic Models

Number of pages: 16 Posted: 27 Jul 2014
Mumtaz Ahmed, Gulfam Haider and Asad Zaman
Cornell University, International Islamic University, Islamabad and Quaid-i-Azam University - Pakistan Institute of Development Economics (PIDE)
Downloads 172 (186,802)

Abstract:

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Regime Shift, Heteroskedasticity, Bootstrap

29.

Challenging the Current Economics Curriculum: Creating Challengers and Change

pre-publication draft Chapter 2 of edited volume: "Challenging the Current Economics Curriculum" editors Maria Alejandra Madi and Jack Reardon. Forthcoming
Number of pages: 13 Posted: 08 Aug 2014 Last Revised: 27 Oct 2014
Asad Zaman
Quaid-i-Azam University - Pakistan Institute of Development Economics (PIDE)
Downloads 163 (195,646)
Citation 2

Abstract:

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Spiritualilty, Morality, Logical Positivism, Purpose

30.

Towards a New Paradigm for Economics

Journal of Islamic Economics, Vol. 18, No. 2, pp. 49-59, 2005
Number of pages: 7 Posted: 22 Dec 2008
Asad Zaman
Quaid-i-Azam University - Pakistan Institute of Development Economics (PIDE)
Downloads 161 (197,742)
Citation 1

Abstract:

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poverty, lexicographic utility income distribution

31.

Post Positivist Probability

Number of pages: 14 Posted: 22 Dec 2008
Asad Zaman
Quaid-i-Azam University - Pakistan Institute of Development Economics (PIDE)
Downloads 160 (198,860)

Abstract:

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probability, foundations, Bayesian, Frequentist, positivism

32.

Causal Relations via Econometrics

International Econometric Review, Vol 2, No. 1, p 36-56, April 2010
Number of pages: 31 Posted: 07 Apr 2009 Last Revised: 03 Sep 2012
Asad Zaman
Quaid-i-Azam University - Pakistan Institute of Development Economics (PIDE)
Downloads 156 (203,036)
Citation 2

Abstract:

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causality, regression, exogeneity, Hendry methodology, natural experiments

33.

Evaluating the Costs of Growth

Real World Economics Review, issue 67, 9 May 2014, page 41-51.
Number of pages: 11 Posted: 23 Sep 2014
Asad Zaman
Quaid-i-Azam University - Pakistan Institute of Development Economics (PIDE)
Downloads 145 (215,663)
Citation 3

Abstract:

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Growth, Environment, Cost Benefit, Market Valuation, Non-Market Activities

34.

Inconsistency of the Breusch-Pagan Test

Journal of Economic and Social Research, Vol. 2, No. 1, pp. 1-11, 2000
Number of pages: 10 Posted: 22 Dec 2008
Asad Zaman
Quaid-i-Azam University - Pakistan Institute of Development Economics (PIDE)
Downloads 142 (219,299)

Abstract:

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Breusch-Pagan test, heteroskedasticity, test consistency

35.

Objectives of Financial Institutions: Western and Islamic

Journal of Islamic Business and Management, Vol 5, No. 2, p43-68. DOI: 10.1111/jibm
Number of pages: 23 Posted: 01 Oct 2014 Last Revised: 22 Oct 2019
Asad Zaman
Quaid-i-Azam University - Pakistan Institute of Development Economics (PIDE)
Downloads 131 (235,175)
Citation 1

Abstract:

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Islamic Finance, Capitalism, Pursuit of Wealth, Institutions, social values

36.

Markets and Society

Pre-publication Draft of "Unregulated Markets and the Transformation of Society" Chapter 18, Routledge Handbook of Ecological Economics: Nature and Society. Editor Clive Spash. 2016
Number of pages: 10 Posted: 22 Sep 2015 Last Revised: 23 Jul 2016
Asad Zaman
Quaid-i-Azam University - Pakistan Institute of Development Economics (PIDE)
Downloads 126 (240,806)

Abstract:

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Environmental Economics, Exploitation, The Great Transformation, Market Society,

37.

Is Development Accumulation of Wealth? Islamic Views

Afro Eurasian Studies, 2013
Number of pages: 48 Posted: 23 Aug 2013
Asad Zaman
Quaid-i-Azam University - Pakistan Institute of Development Economics (PIDE)
Downloads 120 (249,807)

Abstract:

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Development, Capitalism, Accumulation of Wealth, Power

38.

Charity and Gift Exchange in Pakistan

Number of pages: 23 Posted: 31 Aug 2009 Last Revised: 19 Aug 2014
Saima Naeem and Asad Zaman
State Bank of Pakistan and Quaid-i-Azam University - Pakistan Institute of Development Economics (PIDE)
Downloads 115 (257,647)
Citation 1

Abstract:

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gift exchange, charity Giving

39.

Tests for Normality Based on Robust Regression Residuals

DEVELOPMENTS IN ROBUST STATISTICS, R. Dutter, P. Filzmoser, U. Gather, & P.J. Rousseeuw, eds., 2003
Number of pages: 13 Posted: 13 Mar 2009
A. Ozlem Onder and Asad Zaman
Ege University - Department of Economics and Quaid-i-Azam University - Pakistan Institute of Development Economics (PIDE)
Downloads 115 (257,647)

Abstract:

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robust regression, normality test, OLS residuals, robust residuals

40.

A Method for Detecting Structural Breaks and an Application to the Turkish Stock Market

METU Studies in Development, Vol. 27, No. 1-2, pp. 35-45, 2000
Number of pages: 10 Posted: 31 Jan 2009
Erdem Basci, Sidika Basci and Asad Zaman
Bilkent University - Department of Economics, ESTIM Forecasting Center and Quaid-i-Azam University - Pakistan Institute of Development Economics (PIDE)
Downloads 110 (265,801)

Abstract:

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structural change, sup F test, rolling Chow test, Bootstrap

41.

The Crisis in Islamic Economics

Journal of King Abdul Aziz University: Islamic Economics,Vol. 25 No. 1, pp: 147-169
Number of pages: 23 Posted: 03 Feb 2016
Asad Zaman
Quaid-i-Azam University - Pakistan Institute of Development Economics (PIDE)
Downloads 107 (271,138)

Abstract:

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Islamic Economics, Transformative, Normative, Positive, Flaws of Conventional Economics

42.

Reviving the Promise of Islamic Economics

v. 25, n. 2, International Journal of Economics, Management and Accounting, p. 205-225, Paper presented at 11th International Conference on Islamic Economics and Finance, 11-13th October, 2016
Number of pages: 14 Posted: 02 May 2016 Last Revised: 13 Mar 2018
Asad Zaman
Quaid-i-Azam University - Pakistan Institute of Development Economics (PIDE)
Downloads 105 (274,719)
Citation 3

Abstract:

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Islamic Economics, Economic Systems

43.

First Fundamental Economic Problem: Feeding the Hungry

Number of pages: 9 Posted: 02 Mar 2015
Asad Zaman
Quaid-i-Azam University - Pakistan Institute of Development Economics (PIDE)
Downloads 105 (274,719)

Abstract:

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Growth, Basic Needs, Conspicuous Consumption, Pareto Principle

44.

Tests for Structural Change, Aggregation, and Homogeneity

Economic Modelling 27.6 (2010): 1382-1391.
Number of pages: 31 Posted: 19 Feb 2010 Last Revised: 11 Oct 2017
Emory University, Quaid-i-Azam University - Pakistan Institute of Development Economics (PIDE) and Cornell University
Downloads 103 (278,363)

Abstract:

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Structural Change,

45.

An Islamic Critique of Neoclassical Economics

Pakistan Business Review, Vol 14 No. 1, April 2012, p 9-62
Number of pages: 54 Posted: 01 Feb 2018
Asad Zaman
Quaid-i-Azam University - Pakistan Institute of Development Economics (PIDE)
Downloads 83 (319,422)
Citation 2

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Islamic Economics, Neoclassical, Capitalism, Competition, Cooperation

46.

The Battle for the Control of Money

Journal of King Abdul Aziz University: Islamic Economics, Vol 29 No. 2, July 2016. p75-80
Number of pages: 17 Posted: 21 Apr 2016 Last Revised: 05 Sep 2016
Asad Zaman
Quaid-i-Azam University - Pakistan Institute of Development Economics (PIDE)
Downloads 78 (331,373)

Abstract:

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Credit Creation, Sovereign Money, Banking

47.

Scarcity: East and West

Journal of Islamic Economics, Banking and Finance, Volume 6, Number 1, January-March 2010. p. 87-104
Number of pages: 18 Posted: 01 Nov 2017
Asad Zaman
Quaid-i-Azam University - Pakistan Institute of Development Economics (PIDE)
Downloads 74 (341,576)

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Needs and Wants, Scarcity, Islamic Economics, Luxury, Conspicuous Consumption

48.

On the Impossibility of Events of Zero Probability

Theory and Decision, Vol. 23, No. 2, 1987
Number of pages: 2 Posted: 02 Jan 2009 Last Revised: 30 Jan 2009
Asad Zaman
Quaid-i-Azam University - Pakistan Institute of Development Economics (PIDE)
Downloads 74 (341,576)

Abstract:

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impossibility, zero probability, foundations of probability

49.

The 'Invisible Hand'

Number of pages: 7 Posted: 04 Apr 2012
Asad Zaman
Quaid-i-Azam University - Pakistan Institute of Development Economics (PIDE)
Downloads 73 (344,214)

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invisible hand, social welfare, selfish behavior

50.

Lessons in Econometric Methodology: The Axiom of Correct Specification

International Econometric Review, Vol 9, Iss 2., September 2017
Number of pages: 23 Posted: 15 Dec 2017
Asad Zaman
Quaid-i-Azam University - Pakistan Institute of Development Economics (PIDE)
Downloads 68 (357,861)

Abstract:

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Econometric Methodology, Model Selection, Spurious Regression

51.

Power/Knowledge and Economic Theories

“Power/Knowledge and Economic Theories,” Lahore Journal of Policy Studies. vol 4, No 1, p. 71-78, 2011
Number of pages: 8 Posted: 02 Jun 2013
Asad Zaman
Quaid-i-Azam University - Pakistan Institute of Development Economics (PIDE)
Downloads 67 (360,733)
Citation 1

Abstract:

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Power Knowledge, History of Economic Thought

52.

Detecting Structural Change with Heteroskedasticity

Communications in Statistics — Theory and Methods, Volume 46, 2017 - Issue 21, Doi.org/10.1080/03610926.2016.1235200
Number of pages: 20 Posted: 19 Oct 2017 Last Revised: 22 Oct 2019
Mumtaz Ahmed, Gulfam Haider and Asad Zaman
Cornell University, International Islamic University, Islamabad and Quaid-i-Azam University - Pakistan Institute of Development Economics (PIDE)
Downloads 65 (366,348)

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Regime Shift; Heteroskedasticity; Bootstrap

53.

Admissibility of the Maximum Likelihood Estimate of the Reciprocal of a Normal Mean with a Class of Zero-One Loss Functions

Sankhya: The Indian Journal of Statistics, Vol. 47, Series A, Part 2, pp. 239-246, 1985
Number of pages: 8 Posted: 31 Jan 2009
Asad Zaman
Quaid-i-Azam University - Pakistan Institute of Development Economics (PIDE)
Downloads 62 (375,350)

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admissibility, statistical decision theory, generalized Bayes, reciprocal of a normal mean

54.

Redefining Islamic Economics

Part 1, Chapter 2, Islamic Economics:Basic Concepts, New Thinking and Future Directions, (ed) Taha Eğri, Necmettin Kızılkaya, Cambridge Scholars Publishing, 2015, pp 58-76
Number of pages: 17 Posted: 16 Feb 2018
Asad Zaman
Quaid-i-Azam University - Pakistan Institute of Development Economics (PIDE)
Downloads 54 (401,134)
Citation 1

Abstract:

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Islamic Economics, Scarcity, Methodology

55.

Models and Reality: How Did Models Divorced From Reality Become Epistemologically Acceptable?

Real World Economics Review, Issue 91, p20-44, March 2020
Number of pages: 27 Posted: 01 Jun 2020
Asad Zaman
Quaid-i-Azam University - Pakistan Institute of Development Economics (PIDE)
Downloads 53 (404,482)

Abstract:

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: Empiricism, Logical Positivism, Critical Realism, Economic Methodology

56.

Variance Estimates and Model Selection

International Econometric Review. Vol. 2, No. 2, September 2010
Number of pages: 17 Posted: 10 Oct 2010
Asad Zaman, Sidika Basci and Arzdar Kiraci
Quaid-i-Azam University - Pakistan Institute of Development Economics (PIDE), ESTIM Forecasting Center and Ba?kent University
Downloads 51 (411,323)

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Autoregressive Process, Lag Order Determination, Model Selection Criteria, Cross Validation

57.

Transformation of Human Behavior as a Central Strategy for Islamic Economics

Paper prepared for the 12th ICIEF (international Conference on Islamic Economics and Finance) at Ummul-Qura University, 5-6 Feb 2019, Mecca, Saudi Arabia
Number of pages: 22 Posted: 03 Sep 2018 Last Revised: 10 Sep 2018
Asad Zaman
Quaid-i-Azam University - Pakistan Institute of Development Economics (PIDE)
Downloads 48 (422,210)

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Islamic Economics, Homo Economicus, Homo Islamicus, Transformation of Human Behavior

58.

A Minimax Bias Estimator for OLS Variances Under Heteroskedasticity

Number of pages: 16 Posted: 19 May 2014
Mumtaz Ahmed and Asad Zaman
Cornell University and Quaid-i-Azam University - Pakistan Institute of Development Economics (PIDE)
Downloads 46 (429,686)

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Eicker-White, OLS, Bias, Worst Case Bias.

59.

Anti-Poverty Policies and Anti-Poor Philosophies

Journal of Business and Economics Vol 2 Number 2 July-December 2010
Number of pages: 11 Posted: 02 Jun 2013
Asad Zaman
Quaid-i-Azam University - Pakistan Institute of Development Economics (PIDE)
Downloads 45 (433,521)

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Poverty, SAP, Power Knowledge

60.

An Islamic Approach to Humanities

Journal of King Abdulaziz University: Islamic Economics, Vol. 27, No. 2, 2014
Number of pages: 26 Posted: 08 Nov 2017
Asad Zaman
Quaid-i-Azam University - Pakistan Institute of Development Economics (PIDE)
Downloads 43 (441,419)

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Freedom of Choice, Morality, Scientific Method, Revelation

61.

Subjective Probability Does Not Exist

Number of pages: 33 Posted: 18 Dec 2019
Asad Zaman
Quaid-i-Azam University - Pakistan Institute of Development Economics (PIDE)
Downloads 37 (466,396)

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Subjective Probability, Bayesian Probability, Foundations of Probability, Frequency Theory

62.

Monetary Paradoxes of Baby Sitting Cooperative

Number of pages: 15 Posted: 29 May 2016
Asad Zaman
Quaid-i-Azam University - Pakistan Institute of Development Economics (PIDE)
Downloads 35 (475,296)

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Monetary policy, Keynesian economics, sunspot equilibria, neutrality of money

63.

Charity and Gift Exchange: Cultural Effects

Voluntas: International Journal of Voluntary and Nonprofit Organizations, Forthcoming
Number of pages: 24 Posted: 12 Sep 2015
Saima Naeem and Asad Zaman
State Bank of Pakistan and Quaid-i-Azam University - Pakistan Institute of Development Economics (PIDE)
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Gift Exchange, Charitable Giving, Culture

64.

Gender and Ultimatum in Pakistan: Revisited

Pakistan Development Review, Vol 53, Number 1, Spring 2014, p 1-14
Number of pages: 25 Posted: 02 Jul 2015
Saima Naeem and Asad Zaman
State Bank of Pakistan and Quaid-i-Azam University - Pakistan Institute of Development Economics (PIDE)
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Ultimatum game, gender, cultural effects, generosity

65.

İslam Ekonomisi Umudunun Yeniden Doğuşu (Reviving the Promise of Islamic Economics)

Vol 3 No. 3, Uluslararası İslam Ekonomisi ve Finansı Araştırmaları Dergisi,2017 (INTERNATIONAL JOURNAL OF ISLAMIC ECONOMICS AND FINANCE STUDIES)
Number of pages: 18 Posted: 05 Sep 2018 Last Revised: 08 Oct 2018
Asad Zaman
Quaid-i-Azam University - Pakistan Institute of Development Economics (PIDE)
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Islamic Economics, Islamic Financial Institutions, Spirit of Capitalism, Cooperation, Generosity

66.

Crisis in Islamic Economics: Diagnosis and Prescriptions

Journal of King Abdulaziz University: Islamic Economics, Vol. 25, No. 1, 2012
Number of pages: 24 Posted: 11 Nov 2017
Asad Zaman
Quaid-i-Azam University - Pakistan Institute of Development Economics (PIDE)
Downloads 25 (527,075)
Citation 5

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Islamization of Knowledge, Islamic Economics, Economic Methodology

67.

Avoiding Model Selection by the Use of Shrinkage Techniques

Journal of Econometrics Journal of Econometrics, Vol. 25, pp. 73-85, 1984
Posted: 27 Mar 2009
Asad Zaman
Quaid-i-Azam University - Pakistan Institute of Development Economics (PIDE)
Downloads 24 (533,006)

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model selection, Akaike Information Criterion, Bayesian model averaging, prediction criteria

68.

Implicit Nulls and Alternatives for Hypothesis Tests

revised version of CORE Discussion Paper No 1990022, UCL, Belgium -- original title: What Do Tests for Heteroskedasticity Detect?
Number of pages: 20 Posted: 23 Aug 2014
Jayasri Dutta and Asad Zaman
University of Birmingham - Department of Economics and Quaid-i-Azam University - Pakistan Institute of Development Economics (PIDE)
Downloads 22 (545,164)

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Heteroskedasticity, Implicit Null, Implicit Alternative, Hypothesis Testing

69.

Wealth as an Indicator of Socio-Economic Development: Islamic Views

Chapter 6 of Towards a Maqāsid al-Sharī ah Index of Socio-Economic Development: Theory and Application ed. Salman Syed Ali, Palgrave-MacMillan, Oct 2019
Number of pages: 11 Posted: 15 Aug 2018 Last Revised: 23 Oct 2019
Asad Zaman, Arif Naveed and Atiq Ur Rehman
Quaid-i-Azam University - Pakistan Institute of Development Economics (PIDE), University of Cambridge and Quaid-i-Azam University - Pakistan Institute of Development Economics (PIDE)
Downloads 19 (563,985)

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Wealth, Poverty Index, Scorecard Approach, Multidimensional Poverty Index

70.

Maximum Likelihood Estimates for the Hildreth-Houck Random Coefficients Model

Econometrics Journal, Vol. 5, pp. 237-262, 2002
Number of pages: 26 Posted: 02 Dec 2002
Asad Zaman
Quaid-i-Azam University - Pakistan Institute of Development Economics (PIDE)
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Hildreth-Houck, Random coefficients, ML estimation, Asymptotic efficiency, Boundary constraints, Self-Liang, Superconsistency

Launching a Revolution based on Islamic Foundations

Journal of King Abdulaziz University: Islamic Economics, Vol. 32, No. 2, 2019
Number of pages: 12 Posted: 10 Oct 2019
Asad Zaman
Quaid-i-Azam University - Pakistan Institute of Development Economics (PIDE)
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Economics education, Pluralism, Islamic economics, Power/Knowledge

Launching a Revolution, Based on Islamic Foundations

JKAU: Islamic Econ., Vol. 32 No. 2, pp: 77-88, July 2019; DOI:10.4197/Islec. 32-2.5
Number of pages: 12 Posted: 30 Oct 2019
Asad Zaman
Quaid-i-Azam University - Pakistan Institute of Development Economics (PIDE)
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Economics Education, Pluralism, Islamic Economics, Power/Knowledge

72.

Response to Comments On: Crisis in Islamic Economics: Diagnosis & Prescriptions

Journal of King Abdulaziz University: Islamic Economics, Vol. 25, No. 2, 2012
Number of pages: 26 Posted: 07 Jan 2018
Asad Zaman
Quaid-i-Azam University - Pakistan Institute of Development Economics (PIDE)
Downloads 13 (602,505)

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Diagnosis, Islamic Economics, Spiritual Development

73.

İslam Ekonomisini Yeniden Tanımlamak (Re-Defining Islamic Economics)

Chapter in İslam İktisadını Yeniden Düşünmek (March 2017), eds. Taha Eğri, Necmettin Kızılkaya, Oğuz Karasu, ktisat Yayınları, p 81-107
Number of pages: 29 Posted: 27 Dec 2019
Asad Zaman
Quaid-i-Azam University - Pakistan Institute of Development Economics (PIDE)
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Islamic Economics

74.

Positivist Misconceptions: An Obstacle to Understanding Pluralism

International Journal of Pluralism and Economics Education, Vol 7, No. 1, p. 93-96, 2016
Number of pages: 3 Posted: 21 May 2019
Asad Zaman
Quaid-i-Azam University - Pakistan Institute of Development Economics (PIDE)
Downloads 5 (657,475)
Citation 2

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Logical Positivism, Pluralism, Knowledge

75.

The Concept of Stringency for Test Comparison: The Case of a Cauchy Location Parameter

International Econometric Review, Vol 9 No. 1 April 2017
Number of pages: 18 Posted: 07 May 2019
Arif Zaman, Asad Zaman and Atiq Ur Rehman
affiliation not provided to SSRN, Quaid-i-Azam University - Pakistan Institute of Development Economics (PIDE) and Quaid-i-Azam University - Pakistan Institute of Development Economics (PIDE)
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Stringency, Test Comparisons, Hypothesis Tests

76.

Robust Tests for Normality of Errors in Regression Models

Economics Letters, Vol. 86, pp. 63-68, 2005
Posted: 07 Feb 2005
A. Ozlem Onder and Asad Zaman
Ege University - Department of Economics and Quaid-i-Azam University - Pakistan Institute of Development Economics (PIDE)

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Normality tests, robust regression, least trimmed squares

Other Papers (1)

Total Downloads: 27
1.

Sunspot Equilibria of Baby-Sitting Cooperatives

Number of pages: 17 Posted: 19 Aug 2014
Asad Zaman
Quaid-i-Azam University - Pakistan Institute of Development Economics (PIDE)
Downloads 27 (361,741)

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Monetary policy, recession, Keynesian economics, sunspot equilibria