Murshed Chowdhury

Dr. Murshed Chowdhury is currently an Associate Professor of Economics at the University of New Brunswick, Fredericton, Canada. His research and teaching interests encompass open economy macroeconomics, development economics, financial regulations, financial flows to developing countries, and information and communication technology. He has published extensively in journals including the European Journal of Political Economy, Empirical Economics, Renewable and Sustainable Energy Reviews, Canadian Public Policy, Quarterly Review of Economics and Finance, Journal of Economics and Business, Journal of Economic Studies, Journal of International Development, International Journal of Social Economics, Journal of Knowledge Economy, Journal of Risk and Financial Management.

Before joining to the University of New Brunswick, Dr. Chowdhury taught at several institutions across countries, including Algoma University, King’s University College at Western University, University of Manitoba, Chongqing Technology and Business University, and Shahjalal University of Science and Technology. He also served as a consultant for United Nations Development Programme.

Throughout his career, Dr. Chowdhury has supervised numerous graduate students and engaged in various collaborative projects. He has received multiple research grants and served as a reviewer for the Social Science and Humanities Research Council (SSHRC), federal funding agency of Canada. Additionally, he has been an active reviewer for many journals and served as a guest editor for the Journal of Risk and Financial Management.

Dr. Chowdhury is a dedicated and passionate educator. His students and peers consistently praise his teaching pedagogy and engaging classroom discussions he fosters. His commitment to teaching was recognized with the prestigious Allan P. Stuart Award Memorial Award of Excellence in Teaching at the 195th Encenia ceremony of the University of New Brunswick.

Dr. Chowdhury’s service to the academic community and beyond is evident in his long-standing role as a faculty advisor for the Bank of Canada’s Governor Challenge competition. In addition to his involvement in various committees, Dr. Chowdhury currently serves as a member of UNB senate.

Selected journal articles

How does the exchange rate and its volatility influence FDI to Canada? A disaggregated analysis (2024), Journal of Risk and Financial Management, 17(2) (with H. Lajevardi).

Labour force participation of immigrant women in Canada: With a special focus on female immigrants from the Middle East and North Africa (2023), Journal of International Development, 35(8), 2513-2534 (with F. Solati & F. Rosado).

Why do people from wealthy countries migrate? (2022) European Journal of Political Economy, 73 (with N. Aziz & A. Cooray)

Interdependencies between regulatory capital, credit extension and economic growth, Journal of Economics and Business, 117 (with R. Stewart & V. Arjoon).

Banking sector distress and economic growth resilience: Asymmetric effects, Journal of Economic Asymmetries, 24, forthcoming (with R. Stewart).

English and French language ability and employability of immigrants in Canada, International Journal of Social Economics, 49(1), 34-58 (with F. Solati & N. Jackson)

Bank stability and economic growth: trade-off or opportunities? Empirical Economics, 61, 827-853 (with R. Stewart & V. Arjoon).

Macroeconomic variables and stock market indices: Asymmetric dynamics in the US and Canada. Quarterly Review of Economics and Finance, 77, 62-74 (with E. Bhuiyan)

Foreign direct investment and total factor productivity: Any nexus? Margin: The Journal of Applied Economic Research, 14(2), 164-190, 2020 (with M. Abdullah).

Macroeconomic impacts of remittances in Bangladesh: The role of reverse flows, Economic Notes, 48(3), 1-20, 2018 (with A. Das). DOI: 10.1111/ecno.12139

Education and the Sustainability of Immigrant Health: Canadian Evidence, Canadian Public Policy, 44(3), 226-240, 2018 (with J. Serieux).

Remittance Behaviour of Chinese and Indian Immigrants, Review of Economics, 67(2), 185-208, 2016 (with A. Das)

ICT Diffusion, Financial Development and Economic Growth: New Evidence from Low and Lower Middle Income Countries, Journal of Knowledge Economy, 9(3), 928-947, 2016 (with A. Das & S. Seaborn).

Non-Linear Dynamics of Employment, Output and Real Wages in Canada: Recent Time Series Evidence, Journal of Economic Studies, 41(4), pp.554-568 (with A. McFarlane & A. Das).

The Dynamics of Natural Gas Consumption and GDP in Bangladesh, Renewable and Sustainable Energy Reviews, 22, pp. 269-274, 2013 (with A. Das and A. McFarlane).

Book chapter/encyclopedia

Inflation targeting and monetary policy in new world order: Insights from neoliberal economies - ScienceDirect, Encyclopedia of Monetary Policy, Financial Markets and Banking (Elsevier).

Effects of ICT Development and Economic Growth in Emerging Asian Countries, In B. Dey, K. Sorour and R. Filleri (eds)ICTs in Developing Countries: Research, Practices and Policy Implications (2016), Chapter: 9, pp.141-159, London: Palgrave Macmillan (with A. Das and S. Khan).

Selected grants

• Harrison-McCain Foundation Young Scholar Award, 2022.
• New Brunswick Innovation Foundation-Social Innovation Research Grant (NBIF-SIRF)
• New Brunswick Innovation Foundation-Research Assistantship Initiative (NBIF-RAI)
• University Research Fund, University of New Brunswick

Courses regularly taught

• ECON6616: International Money and Finance: Theory and Practice (Graduate)
• ECON6717: Advanced Development Economics
• ECON3203: Intermediate Macroeconomics
• ECON3016: Development Economics
• ECON3103: Introduction to Money and Banking
• ECON1023: Principles of Macroeconomics

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