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

75

DOWNLOADS
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SSRN RANKINGS

Top 2,146

in Total Papers Downloads

15,730

SSRN CITATIONS
Rank 6,123

SSRN RANKINGS

Top 6,123

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 (75)

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 2,044 (7,232)
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 1,725 (9,626)
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 955 (23,960)
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 658 (40,169)

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 516 (55,110)
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 511 (55,786)
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 470 (61,949)

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

8.

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 450 (65,306)

Abstract:

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

9.

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 444 (66,329)
Citation 1

Abstract:

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Social Science, Islamization of Knowledge

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 417 (71,661)
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 406 (74,025)

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 372 (81,857)
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 333 (92,901)

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 325 (95,399)
Citation 3

Abstract:

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15.
Downloads 296 (105,727)
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 263 (119,211)

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 33 (479,244)

Abstract:

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16.

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 273 (115,222)
Citation 1

Abstract:

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Corruption, Measurement, Corruption Perception Index

17.

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 251 (125,728)
Citation 15

Abstract:

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

18.

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 244 (129,468)

Abstract:

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

19.

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 (130,539)
Citation 1

Abstract:

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

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 239 (132,145)

Abstract:

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Islamic Economics, Justice, Equity, Epistemology, Logical Positivism

21.
Downloads 224 (140,762)
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 127 (231,323)

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 97 (280,960)
Citation 1

Abstract:

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22.

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 208 (151,769)

Abstract:

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Islamic education, secular education

23.

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 192 (162,741)
Citation 4

Abstract:

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the invisible hand, models

24.

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 178 (174,246)
Citation 2

Abstract:

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Curve, Partial Equilibrium, General Equilibrium

25.

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 173 (178,704)

Abstract:

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Frequentism, Subjective probability, Dutch Book, Metaphor, Falsification

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 172 (179,611)

Abstract:

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

27.
Downloads 171 (180,491)
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 112 (254,030)
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 59 (376,205)

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Islamic economics, homo economicus, homo islamicus, spiritual transformation

28.

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 (188,002)
Citation 2

Abstract:

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Spiritualilty, Morality, Logical Positivism, Purpose

29.

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 162 (188,991)

Abstract:

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Regime Shift, Heteroskedasticity, Bootstrap

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 159 (192,113)
Citation 1

Abstract:

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poverty, lexicographic utility income distribution

31.

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 152 (199,501)
Citation 2

Abstract:

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causality, regression, exogeneity, Hendry methodology, natural experiments

32.

Post Positivist Probability

Number of pages: 14 Posted: 22 Dec 2008
Asad Zaman
Quaid-i-Azam University - Pakistan Institute of Development Economics (PIDE)
Downloads 145 (207,422)

Abstract:

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probability, foundations, Bayesian, Frequentist, positivism

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 132 (223,747)
Citation 3

Abstract:

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

34.

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 121 (238,906)

Abstract:

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

35.

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 120 (240,430)

Abstract:

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Breusch-Pagan test, heteroskedasticity, test consistency

36.

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 116 (246,571)
Citation 1

Abstract:

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

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 116 (246,571)

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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 113 (251,194)
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 113 (251,194)

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 (256,086)

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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 106 (262,716)

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 100 (273,479)
Citation 3

Abstract:

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Islamic Economics, Economic Systems

43.

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 100 (273,479)

Abstract:

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Structural Change,

44.

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 87 (298,911)

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Growth, Basic Needs, Conspicuous Consumption, Pareto Principle

45.

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 (329,272)

Abstract:

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impossibility, zero probability, foundations of probability

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 72 (334,301)

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Credit Creation, Sovereign Money, Banking

47.

The 'Invisible Hand'

Number of pages: 7 Posted: 04 Apr 2012
Asad Zaman
Quaid-i-Azam University - Pakistan Institute of Development Economics (PIDE)
Downloads 70 (339,612)

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invisible hand, social welfare, selfish behavior

48.

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 66 (350,378)
Citation 1

Abstract:

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Power Knowledge, History of Economic Thought

49.

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 64 (356,023)
Citation 2

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Islamic Economics, Neoclassical, Capitalism, Competition, Cooperation

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 62 (361,942)

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Econometric Methodology, Model Selection, Spurious Regression

51.

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 (361,942)

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

52.

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 60 (367,908)

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

53.

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 57 (377,187)

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Regime Shift; Heteroskedasticity; Bootstrap

54.

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 (396,904)

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

55.

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 (414,473)

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

56.

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 (418,204)

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Poverty, SAP, Power Knowledge

57.

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 40 (437,655)
Citation 1

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Islamic Economics, Scarcity, Methodology

58.

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 39 (441,859)

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

59.

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 39 (441,859)

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Freedom of Choice, Morality, Scientific Method, Revelation

60.

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)
Downloads 35 (458,778)

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Gift Exchange, Charitable Giving, Culture

61.

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 34 (463,212)

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

62.

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)
Downloads 31 (477,148)

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Ultimatum game, gender, cultural effects, generosity

63.

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

64.

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

65.

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)
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Heteroskedasticity, Implicit Null, Implicit Alternative, Hypothesis Testing

66.

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

67.

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 20 (538,062)
Citation 5

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Islamization of Knowledge, Islamic Economics, Economic Methodology

68.

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)
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Wealth, Poverty Index, Scorecard Approach, Multidimensional Poverty Index

69.

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

71.

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)
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Diagnosis, Islamic Economics, Spiritual Development

72.

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 4 (641,527)
Citation 2

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Logical Positivism, Pluralism, Knowledge

73.

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

74.

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

75.

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