Azharul Islam
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I am a Ph.D. candidate in Economics at the School of Economic, Political, and Policy Sciences at the University of Texas at Dallas. My research focuses on business cycle issues, specifically how consumer beliefs about the economy and inflation impact real economic activity, with a primary emphasis on empirical macroeconomics and time series analysis, and a secondary focus on econometrics.
My research work is related both to economic methods and to policy analysis. In my job market paper, I decompose consumer sentiment into trends and cycles, with cycles representing consumer over-optimism or pessimism. My ongoing work shows that a positive cyclical sentiment shock boosts industrial production while reducing unemployment and inflation expectations. Movements in the different sentiment components, especially the cycles of consumer sentiment have different policy implications with respect to the importance of expectations management and communication.
Before relocating to the United States in 2017, I served as a Lecturer in Economics at Stamford University Bangladesh from 2014 to 2017.