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Mahmoud S. Wahab

Prof Wahab

Professor of Finance
Phone: 860-768-5119, Room 412D


MBA 616
Corporate Finance

FIN 650
International Finance and Investments

Professor of Finance at the University of Hartford. Graduated with a Bachelor's degree in economics from Cairo University, Cairo, Egypt, and a Ph.D. in Finance from The George Washington University, 1989. He is also a C.F.A. holder since 1992. He has published numerous articles in mainstream academic journals in the areas of International Investments, Capital Markets, and Derivatives. His work is published in Journals such as: Journal of International Money and Finance, Journal of Portfolio Management, Journal of Futures Markets, The Financial Review, Applied Economics and Global Finance Journal. He serves as Adhoc Reviewer for several mainstream finance journals. He has been with University of Hartford since 1990.

Education: Ph.D., Finance, The George Washington University, Bsc., Economics, Cairo University, Cairo, Egypt

Research Interests: Securties Markets, Derivatives, International Finance and Investments

Selected Scholarship Books and Articles:
“Comovement of U.S. and Asian Equity Markets: Evidence from Asymmetric and Time Varying Coefficients” (with Susan Machuga and Bharat Kolluri), Review of Pacific Basin Financial Markets and Policies, Forthcoming 2014

Asymmetric Effects of U.S. Stock Returns on European Equities”, International Review of Economics and Finance, 2012, 21(4), pp.156-172.

“Performance and Asymmetric Co-movements of Asia-Pacific Equity Markets and U.S. Equities: Recent Evidence”, (with Susan Machuga), International Journal of Finance, Vol. 23, No 1, 2011

Asymmetric Output Growth Effects of Government Spending: Cross-Sectional and Panel Data Evidence, International Review of Economics and Finance, 20(4), 2011, pp.574-590.

"Stock Returns and Expected Inflation: Evidence From an AsymmetricTest Specificiation”, Review of Quantitative Finance and Accounting”, 2008, 30, pp. 371-395 (with Bharat Kolluri)

 “Asymmetries in the Conditional Relation of Government Expenditure and Economic Growth”, Applied Economics, 2007, 39, pp. 2303-2322 (with Bharat Kolluri).

 “Economic Growth and Government Expenditure: Evidence from a New Test Specification”, Applied Economics, 2004, 36, pp. 2125-2135.

 “Predictable Variation and Profitable Trading of U.S. Equities:A Trading Simulation Using Neural Networks”, Journal of Computers and Operations Research, Fall 2000, (with Luvai Motiwalla).

 “Government Expenditure and Economic Growth: Evidence from G-7 Countries”, Journal of Applied Economics, Vol. 32, no. 8, 2000 (with Bharat Kolluri and Michael Panik).

 "On Risk, Rationality, and the Predictive Ability of European Short-Term Adjusted Yield Spreads", Journal of International Money and Finance, 16, No. 5, 1997.

"Conditional Dynamics and Optimal Spreading in the Precious Metals Futures Markets, "Journal of Futures Markets, Vol. 15, No. 1, 1995.

"Why Not Diversify Internationally with ADRs?", Journal of Portfolio Management, Vol. 19, 2, Winter 1993 (with Amit Khandwala).

"Price Dynamics and Error Correction in Stock Index and Stock Index Futures Markets: A Cointegration Approach", Journal of Futures Markets, Vol. 13, No. 7, 1993 (with Malek Lashgari).

"Covariance Stationarity of International Equity Markets Returns", The Financial Review, Vol. 28, No. 2, 1993 (with Malek Lashgari).

"Some Joint Tests of the Efficiency of European Equity Markets", in "Financial Management in Post 1992 Europe, Eds., John Doukas and Ike Mathur, International Business Press, 1993, pp.128-166

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