Imran Yousaf, Ph.D.
Faculty of Economics
College of Business and Public Management
- Office: CBPM B312
- Email: iyousaf@kean.edu
- Phone: +86-577-55870396
Education
PhD in Finance, 2020
M.Phil. in Economics and Finance, 2014
BBA (Hons) in Finance, 2012
Biography
Dr. Imran Yousaf is an Assistant Professor at College of Business and Public Management, Wenzhou-Kean University. He received his Doctoral degree in Finance from the Capital University of Science and Technology, Islamabad, Pakistan. Before joining WKU in 2022, he was an Assistant Professor of Finance at the Air University Islamabad. He has seven and half years of full-time teaching experience using the case study pedagogy. He spent some time in the health service industry and State Bank of Pakistan before joining as a faculty member.
He has published his research in peer-reviewed academic journals, such as Energy Economics, Journal of International Financial Markets, Institutions & Money, International Review of Financial Analysis, Finance Research Letters, Journal of Behavioral and Experimental Finance, Pacific-Basin Finance Journal, International Review of Economics & Finance, Research in International Business and Finance, Emerging Markets Review, Economic Modelling, Annals of Operations Research, Global Finance Journal, North American Journal of Economics and Finance, International Journal of Emerging Markets, Financial Innovation, and Resources Policy etc. His research work has been featured in the ‘Institutional Investors’ financial magazine. He is serving as an Associate Editor for Research in International Business and Finance (RIBAF) and Editorial Board Member in for two prestigious finance journals: such as Financial Innovation, and Annals of Financial Economics. He has published several case studies at Ivey publishing.
Research Interests
- FinTech & Cryptocurrencies
- NFTs, Defi, and other tokens
- Financial Market’s Connectedness
- Hedging & Portfolio management
- Contagion & Financial Crisis
- Behavioral finance
- Corporate Finance for family firms
Publications
Yousaf, I., Suleman, M. T., & Demirer, R. (2022). Green investments: A luxury good or a financial necessity?. Energy Economics, 105, 105745. (SSCI-Q1, Impact factor 9.252, ABDC A*, ABS 3)
Yousaf, I., Nekhili., R., & Umar, M. (2022). Extreme connectedness between renewable energy tokens and fossil fuel markets. Energy Economics, 114, 106305. (SSCI-Q1, Impact factor 9.252, ABDC A*, ABS 3)
Yousaf, I., Jareño, F., & Esparcia, C. (2022). Tail connectedness between lending/borrowing tokens and commercial bank stocks. International Review of Financial Analysis, 84, 102417. (SSCI-Q1, Impact factor 8.235, ABDC A, ABS 3)
Yousaf, I., Nekhili, R., & Gubareva, M. (2022). Linkages between DeFi assets and conventional currencies: Evidence from the COVID-19 pandemic. International Review of Financial Analysis. 81, 102082. (SSCI-Q1, Impact factor 8.235, ABDC A, ABS 3)
Yousaf, I., Youssef, M., & Goodell, J. W. (2022). Quantile connectedness between sentiment and financial markets: Evidence from the S&P 500 twitter sentiment index. International Review of Financial Analysis, 83, 102322. (SSCI-Q1, Impact factor 8.235, ABDC A, ABS 3)
Yousaf, I., Pham, L., & Goodell, J. W. (2022). The connectedness between meme tokens, meme stocks, and other asset classes: Evidence from a quantile connectedness approach. Journal of International Financial Markets, Institutions and Money, 101694. (SSCI-Q1, Impact factor 4.217, ABDC A, ABS 3)
Mensi, W., Yousaf, I., Vo, X. V., & Kang, S. H. (2021). Asymmetric spillover and network connectedness between Gold, Brent oil, and EU subsector markets. Journal of International Financial Markets, Institutions & Money. 76, 101487. (SSCI-Q1, Impact factor 4.217, ABDC A, ABS 3)
Yousaf, I., Jareño, F., & Tolentino, M. (2022). Connectedness between Defi assets and equity markets during COVID-19: A sector analysis. Technological Forecasting and Social Change, 122174. (SSCI-Q1, Impact factor 10.884, ABDC A, ABS 3)
Yousaf, I., Qureshi, S., Qureshi, F., & Gubareva, M. (2023). Connectedness of COVID vaccination with economic policy uncertainty, oil, bonds, and sectoral equity markets: Evidence from the US. Annals of Operations Research. (Accepted) 1-27. (SSCI-Q1, Impact factor 4.820, ABDC A, ABS 3)
Yousaf, I., & Goodell, J. W. (2023). Responses of US equity market sectors to the Silicon Valley Bank implosion. Finance Research Letters, 55, 103934. (SSCI-Q1, Impact factor 9.848, ABDC A, ABS 2)
Yousaf, I., & Goodell, J. W. (2023). Reputational contagion and the fall of FTX: Examining the response of tokens to the delegitimization of FTT. Finance Research Letters, 103704. (SSCI-Q1, Impact factor 9.848, ABDC A, ABS 2)
Yousaf, I., & Goodell, J. W. (2023). Linkages between CBDC and cryptocurrency uncertainties, and digital payment stocks. Finance Research Letters, 103765. (SSCI-Q1, Impact factor 9.848, ABDC A, ABS 2)
Yousaf, I., Riaz, Y., & Goodell, J. W. (2023). What do responses of financial markets to the collapse of FTX say about investor interest in cryptocurrencies? Event-study evidence. Finance Research Letters, 103661. ( SSCI-Q1, Impact factor 9.848, ABDC A, ABS 2)
Yousaf, I., Riaz, Y., & Goodell, J. W. (2023). Integration between asset management tokens, asset management stock, and other financial markets: Evidence from TVP-VAR modeling. Finance Research Letters, 104276. (SSCI-Q1, Impact factor 9.848, ABDC A, ABS 2)
Yousaf, I., Jareño, F., & Martínez-Serna, M. I. (2023). Extreme spillovers between insurance tokens and insurance stocks: Evidence from the quantile connectedness approach. Journal of Behavioral and Experimental Finance, 100823. (SSCI-Q1, Impact factor 8.222, ABDC A)
Yousaf, I., Riaz, Y., & Goodell, J. W. (2023). The impact of the SVB collapse on global financial markets: Substantial but narrow. Finance Research Letters, 103948. (SSCI-Q1, Impact factor 9.848, ABDC A, ABS 2)
Yousaf, I., & Yarovaya, L. (2022). Herding behavior in conventional cryptocurrency market, non-fungible tokens, and DeFi assets. Finance Research Letters, 50, 103299. (SSCI-Q1, Impact factor 9.848, ABDC A, ABS 2)
Yousaf, I., Riaz, Y., & Goodell, J. W. (2022). Energy cryptocurrencies: Assessing connectedness with other asset classes. Finance Research Letters, 103389. (SSCI-Q1, Impact factor 9.848, ABDC A, ABS 2)
Yousaf, I., Abrar, A., & Goodell, J. W. (2023). Connectedness between travel & tourism tokens, tourism equity, and other assets. Finance Research Letters, 103595. (SSCI-Q1, Impact factor 9.848, ABDC A, ABS 2)
Yousaf, I., & Yarovaya, L. (2022). The relationship between trading volume, volatility and returns of Non-Fungible Tokens: evidence from a quantile approach. Finance Research Letters, 50, 103175. (SSCI-Q1, Impact factor 9.848, ABDC A, ABS 2)
Yousaf, I., & Hassan, A. (2019). Linkages between crude oil and emerging Asian stock markets: new evidence from the Chinese stock market crash. Finance Research Letters, 31, 207-217. (SSCI-Q1, Impact factor 9.848, ABDC A, ABS 2)
Naeem, M. A., Yousaf, I., Karim, S., Yarovaya, L., & Ali, S. (2022). Tail-event driven NETwork dependence in emerging markets. Emerging Markets Review, 100971. (SSCI-Q1, Impact factor 4.359, ABDC A, ABS 2)
Yousaf, I., Patel, R., & Yarovaya, L. (2022). The reaction of G20+ stock markets to the Russia-Ukraine conflict “black-swan” event: evidence from event study approach. Journal of Behavioral and Experimental Finance. (SSCI-Q1, Impact factor 8.222, ABDC A)
Umar, Z., Gubareva, M., Yousaf, I., & Ali, S. (2021). A tale of company fundamentals vs sentiment driven pricing: The case of GameStop. Journal of Behavioral and Experimental Finance. 30, 100501. (SSCI-Q1, Impact factor 8.222, ABDC A)
Yousaf, I., Pham, L., & Goodell, J. W. (2023). Interconnectedness between healthcare tokens and healthcare stocks: Evidence from a quantile VAR approach. International Review of Economics & Finance, https://doi.org/10.1016/j.iref.2023.03.013. (SSCI-Q2, Impact factor 3.399, ABDC A, ABS 2)
Assaf, A., Mokni, K., Yousaf, I., & Avishek, B. (2022). Long Memory in the High Frequency Cryptocurrency Markets using Fractal Connectivity Analysis: The Impact of COVID-19. Research in International Business and Finance, 101821. (SSCI-Q1, Impact factor 6.143, ABS 2)
Umar, Z., Yousaf, I., & Zaremba, A. (2021). Comovements between Heavily Shorted Stocks during a Market Squeeze: Lessons from the GameStop Trading Frenzy. Research in International Business and Finance, 58, 101453. (SSCI-Q1, Impact factor 6.143, ABS 2)
Yousaf, I., & Yarovaya, L. (2022). Static and dynamic connectedness between NFTs, Defi and other assets: portfolio implication. Global Finance Journal, 100719. (SSCI-Q2, Impact factor 2.853, ABDC A, ABS 2)
Al-Nassar, N., Yousaf, I., & Beljid, M. (2023). Spillovers between the positively and negatively affected service sectors from the COVID-19 health crisis. Pacific Basin Finance Journal. 79, 102009. (SSCI-Q2, Impact factor 3.239, ABDC A, ABS 2)
Yousaf, I., & Yarovaya, L. (2022). Spillovers between the Islamic gold-backed cryptocurrencies and equity markets during the COVID-19: A sectorial analysis. Pacific Basin Finance Journal. 71(1), 101705. (SSCI-Q2, Impact factor 3.239, ABDC A, ABS 2)
Umar, Z., Yousaf, I., & Aharon, D. (2021). The relationship between yield curve components and equity sectorial indices: Evidence from China. Pacific Basin Finance Journal. 68(4), 101591. (SSCI-Q2, Impact factor 3.239, ABDC A, ABS 2)
Umar, Z., Yousaf, I., Gubareva, M., & Vo, X. V. (2022). Spillover and risk transmission between the term structure of the US interest rates and Islamic equities. Pacific Basin Finance Journal. 72, 101712. (SSCI-Q2, Impact factor 3.239, ABDC A, ABS 2)
Yousaf, I., Beljid, M., Chaibi, A., & Ajlouni, A. A. (2022). Do volatility spillover and hedging among GCC stock markets and global factors vary from normal to turbulent periods? Evidence from the global financial crisis and Covid-19 pandemic crisis. Pacific Basin Finance Journal. 101764. (SSCI-Q2, Impact factor 3.239, ABDC A, ABS 2)
Naeem, M. A., Yousaf, I., Karim, S., Tiwari, A. K., & Farid, S. (2022). Comparing asymmetric price efficiency in regional ESG markets before and during COVID-19. Economic Modelling, 106095. (SSCI-Q1, Impact factor 3.875, ABDC A, ABS 2)
Yousaf, I. (2021). Risk transmission from the COVID-19 to metals and energy markets. Resources Policy, 73(7), 102156. (SSCI-Q1, Impact factor 8.222, ABS 2)
Umar, M., Yasir, R., & Yousaf, I. (2022). Impact of Russian-Ukraine war on clean energy, conventional energy, and metal markets: Evidence from event study approach. Resources Policy, 79, 102966. (SSCI-Q1, Impact factor 8.222, ABS 2)
Yousaf, I., Plakandaras, V., Bouri, E., & Gupta, R. (2022). Hedge and safe-haven properties of FAANA against gold, US Treasury, bitcoin, and US Dollar/CHF during the pandemic period. The North American Journal of Economics and Finance, 101844. (SSCI-Q1, Impact factor 3.136, ABS 2)
Yousaf, I., & Ali, S. (2020). Discovering interlinkages between major cryptocurrencies using high-frequency data: new evidence from COVID-19 pandemic. Financial Innovation, 6(1), 45. (SSCI-Q1, Impact factor 6.793)
Yousaf, I., Ali, S., & Hassan, A. (2019). Effect of family control on corporate dividend policy of firms in Pakistan. Financial Innovation, 5(1), 42. (SSCI-Q1, Impact factor 6.793)
Yousaf, I., Ali, S., & Shah, S. Z. A. (2018). Herding behavior in Ramadan and financial crises: the case of the Pakistani stock market. Financial Innovation, 4(1), 16. (SSCI-Q1, Impact factor 6.793)
Yousaf, I., & Ali, S. (2020). The COVID-19 outbreak and high frequency information transmission between major cryptocurrencies: evidence from the VAR-DCC-GARCH approach. Borsa Istanbul Review, 20, S1-S10. (SSCI-Q1, Impact factor 4.288)
Arfaoui, N., Yousaf, I., & Jareño, F. (2023). Return and volatility connectedness between gold and energy markets: Evidence from the pre- and post-COVID vaccination phases. Economic Analysis and Policy, 77, 617-634. (SSCI-Q1, Impact factor 4.444, ABDC B, ABS 1)
Mensi, W., Yousaf, I., Vo, X. V., & Kang, S. H. (2022). Multifractality during upside/downside trends in the MENA stock markets: The effects of the global financial crisis, oil crash and COVID-19 pandemic. International Journal of Emerging Markets. https://doi.org/10.1108/IJOEM-08-2021-1177 (SSCI-Q2, Impact factor 3.422, ABDC B, ABS 1)
Yousaf, I., Mensi, W., Vo, X. V., & Kang, S. H. (2023). Spillovers and connectedness between Chinese and ASEAN stock markets during bearish and bullish market statuses. International Journal of Emerging Markets. https://doi.org/10.1108/IJOEM-07-2022-1194 (SSCI-Q2, Impact factor 3.422, ABDC B, ABS 1)
Ali, A., Yousaf, I., & Vo, X. V. (2023). Co-movements and hedging effectiveness between conventional and Islamic cryptocurrencies: Evidence from the COVID-19 pandemic. International Journal of Emerging Markets. (Accepted) (SSCI-Q2, Impact factor 3.422, ABDC B, ABS 1)
Case Studies
Yousaf, I., Li, F., & Nawaz, A. (2021). Identifying Industries through Financial Statement Analysis: Pakistan 2017. Ivey ID: 9B21B012. Canada: Ivey Publishing.
Web link: https://hbsp.harvard.edu/product/W21321-PDF-ENG
Yousaf, I., Li, F., & Nawaz, A. (2021). Anwal Gas Traders: Capital Budgeting for Expansion Project. Ivey ID: W25080. Canada: Ivey publishing.
Web link: https://hbsp.harvard.edu/product/W25080-PDF-ENG
Li, F., Yousaf, I., & Nawaz, A. (2021). Identifying Industries: Financial Statement Analysis and Financial Ratio Analysis. Ivey ID: W25421_P. Canada: Ivey publishing.
Web link: https://hbsp.harvard.edu/product/W25421-PDF-ENG