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Ahmed Ahmed

  • Assistant Professor
Academic Division: Finance
Ahmed Ahmed is an Assistant Professor of Finance at Babson College. He earned his PhD and MA in Economics from the University of Chicago, Master in Finance from The Massachusetts Institute of Technology, Master of Mathematics in Actuarial Science from the University of Waterloo, and Bachelor's degree in Actuarial Science from the American University in Cairo. He is also a Chartered Financial Analyst (CFA) and a Fellow of the Society of Actuaries (FSA).

His primary research fields of interest are intermediary asset pricing, international finance and public-corporate finance. His secondary field of interest is development finance. He is particularly interested in how institutional investors, namely insurance companies and pension funds, respond to different types of policies and how they can contribute to financial instability. His research thus far has evaluated the response of institutional investors to both domestic and global monetary policy, to domestic fiscal incentives, and to domestic and global macro prudential policies.

Ahmed worked as a Senior Quantitative Analyst at Goldman Sachs. His policy experience includes working at the Bank for International Settlements (BIS), European Bank for Reconstruction and Development (EBRD) and the United Nations Development Programme (UNDP).

Academic Degrees

  • PhD in Economics, The University of Chicago
  • Master of Arts in Economics, The University of Chicago
  • Master in Finance, Massachusetts Institute of Technology
  • Master of Mathematics in Actuarial Science, The University of Waterloo
  • Bachelor of Science in Actuarial Science, The American University in Cairo

Awards & Honors

  • 2025 — Top 50 Undergraduate Business Professor, Poets & Quants, Poets & Quants
  • 2025 — Deans' Award for Excellence in Service, Babson College, Babson College
  • 2025 — Career Champion, The Hoffman Family Undergraduate Center for Career Development, Babson College, The Hoffman Family Undergraduate Center for Career Development, Babson College
  • 2025 — Undergraduate Professor of the Year, Babson College, Babson College
  • 2025 — Research Grant (€1,500,000) for “Estimating the social costs of Debtor Prisons”, Fund for Innovation in Development, French Development Agency
  • 2024 — Research Grant ($74,353) for “Estimating the social costs of Debtor Prisons” (Pilot), JPAL MENA/Egypt Impact Lab
  • 2024 — Research Fellowship, Bank for International Settlements, Switzerland

Publications

Journal Articles

  • Ahmed, A. (2025). Firms Subjective Political Uncertainty: Survey Evidence of Egypt's Arab Spring. Applied Economics Letters.
  • Ahmed, A. (2024). Fiscal Stimulus and Pension Contributions: Evidence from the TCJA. Journal of Pension Economics and Finance.
  • Ahmed, A. (2021). Comparing ask and transaction prices in the Swiss housing market. Quantitative Finance and Economics.

Working Papers

  • Ahmed, A. (2023). Foreign Institutional Investors, Monetary Policy, and Reaching for Yield.

Presentations

  • Foreign Institutional Investors, Monetary Policy, and Reaching for Yield Ahmed, A. Bank of England Research Seminar for Senior Policymakers on Insurance, London, United Kingdom (2024)
  • Research Talk Feld, M. Ahmed, A. Babson Faculty Research Fund Chat, Blank Center (2024)
  • Foreign Institutional Investors, Monetary Policy, and Reaching for Yield Ahmed, A. Finance Research Seminar, Storrs, Connecticut (2024)
  • Pension De risking and Treasury Yield Curve Dynamics Ahmed, A. Babson College Research Day, Wellesley, Massachusetts (2024)
  • Foreign Institutional Investors, Monetary Policy, and Reaching for Yield Ahmed, A. American Economic Association, New Orleans, Louisiana (2023)
  • Fiscal Stimulus and Pension Contributions: Evidence from the TCJA Ahmed, A. Research Seminar, Chestnut Hill, Massachusetts (2022)
  • Foreign Institutional Investors, Monetary Policy, and Reaching for Yield Ahmed, A. 39th meeting of the European Economic Association and the 76th European meeting of the Econometric Society, Milan, Italy (2022)
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