Farrokh Nourzad

Farrokh  Nourzad
Farrokh NourzadMarquette University

O'Brien Hall

MilwaukeeWI53201United States of America
e-PublicationsCurriculum Vitae

Professor Emeritus of Economics

Dr. Nourzad joined Marquette University in 1981 after earning his PhD and MA in economics from the University of Kansas. He is a former chair of the Economics Department and the current director of the MS in Applied Economics Program. He has published more than forty articles in such professional journals as Journal of Macroeconomics, Journal of Money Credit and Banking, Review of Economics and Statistics, Applied Economics, Journal of Post Keynesian Economics, the National Tax Journal, Journal of Economics and Business, and Journal of Economics and Finance, and European Journal of Political Economy.


PhD, Economics, University of Kansas, 1982

Research Interests

Securitization of consumer debt, financial globalization and U.S. monetary policy, free trade agreements and stock returns and exchange rate volatility, forecasting natural gas consumption.

Professional Interests

Business cycles; economic growth; monetary and financial economics; applied econometrics.

Selected Publications

“No Shut-Off” Policies and Natural Gas Consumption, Resource and Energy Economics, May 2017, Volume 48, pp. 19–29 [With David Clark, Catherine Dybicz, and Andrew Hansen]

“The Interaction between FDI and Infrastructure Capital in the Development Process,” International Advances in Economic Research, Volume 20, Issue 2, pp. 203-212, May 2014,  [With David Greenwold, Rui Yang]

“Federal Funds Futures, Risk Premium, and Monetary Policy Actions,” Applied Financial Economics, Volume 22, Number 16, pp. 1317-1330, April 2012 [With James Calhoun and Adam Kurkiewicz] 

“Assessing the Predictive Power of Alternative Indicators of Inflation.” Applied Economics Letters, Volume 19, Number 10, pp. 981-985, September 2011.

Honors and Awards

  • Robert and Mary Gettel Faculty Award for Teaching Excellence, 1992
  • Miles Research Fellow, 2006-2008, 2009-2011
  • Delta Gamma Sigma Honor Society for Collegiate Schools of Business
  • Faculty Excellence Award, National Residence Life Honor Society