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A/Prof. Susan Sharma

STAFF PROFILE

Position

Associate Professor

Faculty

Faculty of Business and Law

Department

Deakin Business School

Campus

Melbourne Burwood Campus

Qualifications

Graduate Certificate of Higher Education, Deakin University, 2013
Doctor of Philosophy (Finance), Deakin University, 2011
Bachelor of Science, , 2007

Contact

s.sharma@deakin.edu.au
+61 3 924 46871

Biography

Susan Sharma currently holds an Associate Professor (Finance) position in the Deakin Business School. She is also a Co-Editor of the journal, Emerging Markets Finance and Trade, Subject Editor of the journal, Journal of International Financial Markets Institutions & Money, and Guest Editor (2019-2020) of multiple issues of Economic Modelling. Her research interests are in applied time-series econometrics models, forecasting, and energy finance. She is currently ranked in the top one percent in the world on citations by the Sandford University. In 2019, she was distinguished with a title of a highly cited researcher recognized by the Web of Science Group. Moreover, in 2016, she received a highly cited early to mid-career Australian female researcher award at the inaugural “Women in Research” citations awards, hosted by the Thomson Reuters IP and Science and the Australian National University (ANU). Google Scholar counts the citation of her work at over 4,300, with an h-index of 30 (i10-index = 40).

Additionally, Susan provides editorial assistance to the journal, Bulletin of Monetary Economics and Banking (BMEB) published by the central bank of Indonesia, Bank Indonesia (BI). The BI hosts international annual conference. Since 2018, Susan has been invited to attend BI’s research meeting chaired by the Executive Director, constituting of BI researchers and other invited external researchers, chair annual conference sessions hosted by the BI, and serve as a discussant on multiple research papers presented at their annual conference. Susan is a founding member of the Asia-Pacific Applied Economics Association (APAEA). She is appointed as the Managing Editor of the APAEA journal, Asian Economics Letters. Susan also co-Chairs multiple international conferences hosted by the APAEA with other key economic institutions within the Asia-Pacific region. Susan was appointed as a co-Chair of the first international conference on “COVID-19 and Central Banking in Asia and the Pacific” of central banks in the region which was attended by the central bank governors in November 2021.

Read more on Susan's profile

Research interests

  • Time-Series Predictability Models
  • Forecasting
  • Financial Markets
  • Commodity Markets
  • Energy Finance

Affiliations

  • Co-Editor, Emerging Markets Finance and Trade.
  • Subject Editor, Journal of International Financial Markets, Institutions and Money.
  • Managing Editor, Asian Economics Letters 
  • Guest Editor, Economic Modelling (2018 - 2020).
  • Founding Member, Asia-Pacific Applied Economics Association (APAEA).

Teaching interests

  • Time Series Econometrics Models
  • Applied Time Series Econometrics
  • Money and Captial Markets

Units taught

  • MAF202 - Money and Capital Markets
  • MAE406 - Business and Financial Econometrics
  • MAF723 - Business and Financial Econometrics

Research groups

Awards

  • Distinguished as "High Cite Researcher" in 2019 by the Web of Science Group.
  • Thomson Reuters Women in Research Citation Award, 2016.
  • Deakin University Vice-Chancellor's Early Career Researcher Award for Research Excellence, 2015.
  • Research Rocket Award for achieving an A-star publication, Pro Vice-Chancellor, 2011.

Publications

Filter by

2022

Technology shocks and stock returns: A long-term perspective

S Sharma, P Narayan

(2022), Vol. 68, pp. 67-83, Journal of Empirical Finance, C1

journal article
2021

Economic policy uncertainty and financial stability-Is there a relation?

D Phan, B Iyke, S Sharma, Y Affandi

(2021), Vol. 94, pp. 1018-1029, Economic Modelling, C1

journal article

Westerlund and Narayan predictability test: Step-by-step approach using COVID-19 and oil price data

S Sharma

(2021), Vol. 8, MethodsX, Netherlands, C1

journal article

Bond return predictability: Evidence from 25 OECD countries

N Devpura, P Narayan, S Sharma

(2021), Vol. 75, Journal of International Financial Markets, Institutions and Money, C1

journal article

A new estimation of institutional informed trading and firm transparency: Evidence from China

X Gu, S Ying, L Wang, Z Yu, S Sharma

(2021), Vol. 67, Pacific Basin Finance Journal, C1

journal article

Is inflation persistent? Evidence from a time-varying unit root model

N Devpura, S Sharma, P Harischandra, L Pathberiya

(2021), Vol. 68, Pacific Basin Finance Journal, C1

journal article

Trade conflicts and energy firms' market values: Evidence from China

J Xu, S Huang, L Shi, S Sharma

(2021), Vol. 101, Energy Economics, C1

journal article

Does investor attention increase stock market volatility during the COVID-19 pandemic?

H Wang, L Xu, S Sharma

(2021), Vol. 69, Pacific Basin Finance Journal, C1

journal article

Do managers hedge disaster risk? Extreme earthquake shock and firm innovations

Y Rao, Z Hu, S Sharma

(2021), Vol. 70, Pacific Basin Finance Journal, C1

journal article

Covid-19, policy responses, and industrial productivity around the globe

B Iyke, S Sharma, I Gunadi

(2021), Vol. 24, pp. 365-382, Buletin Ekonomi Moneter dan Perbankan, C1

journal article

Knowing the unknowns - fresh insights from an unknown stock market

S Sharma, N Yoshino, F Taghizadeh-Hesary

(2021), Vol. 24, pp. 641-658, Buletin Ekonomi Moneter dan Perbankan, Jakarta, Indonesia, C1

journal article

New Measures of the COVID-19 Pandemic: A New Time-Series Dataset

Paresh Narayan, Bernard Iyke, Susan Sharma

(2021), Vol. 2, pp. 1-13, Asian Economics Letters, [Berwick, Vic.], C1

journal article
2020

Predicting exchange rate returns

P Narayan, S Sharma, D Phan, G Liu

(2020), Vol. 42, Emerging Markets Review, C1

journal article

The role of palm oil price in Indonesia's aggregate demand

S Sharma

(2020), Vol. 23, pp. 161-178, Buletin Ekonomi Moneter dan Perbankan, Jakarta, Indonesia, C1

journal article

A Note on the Asian Market Volatility During the COVID-19 Pandemic

Susan Sharma

(2020), Vol. 1, pp. 1-6, Asian Economics Letters, [Melbourne, Vic.], C1

journal article
2019

Does Islamic stock sensitivity to oil prices have economic significance?

P Narayan, D Phan, S Sharma

(2019), Vol. 53, pp. 497-512, Pacific Basin Finance Journal, C1

journal article

Panel evidence on the ability of oil returns to predict stock returns in the G7 area

J Westerlund, S Sharma

(2019), Vol. 77, pp. 3-12, Energy economics, Amsterdam, The Netherlands, C1

journal article

Higher moments and exchange rate behavior

S Khademalomoom, P Narayan, S Sharma

(2019), Vol. 54, pp. 201-229, Financial review, Chichester, Eng., C1

journal article

Is Indonesia's stock market different when it comes to predictability?

S Sharma, P Narayan, K Thuraisamy, N Laila

(2019), Vol. 40, Emerging Markets Review, C1

journal article

Exchange rate effects of US government shutdowns: Evidence from both developed and emerging markets

S Sharma, D Bach Phan, P Narayan

(2019), Vol. 40, Emerging Markets Review, C1

journal article

Do oil prices predict Indonesian macroeconomy?

S Sharma, D Phan, B Iyke

(2019), Vol. 82, pp. 2-12, Economic Modelling, Xian, PEOPLES R CHINA, C1

journal article

Evidence of price discovery on the Indonesian stock exchange

S Sharma, K Thuraisamy, M Madyan, N Laila

(2019), Vol. 83, pp. 2-7, Economic modelling, Amsterdam, The Netherlands, C1

journal article

Which variables predict Indonesia's inflation?

S Sharma

(2019), Vol. 22, pp. 87-102, Buletin ekonomi moneter dan perbankan, Jakarta, Indonesia, C1

journal article

Structural instability and predictability

N Devpura, P Narayan, S Sharma

(2019), Vol. 63, Journal of International Financial Markets, Institutions and Money, C1

journal article

Determinants of Indonesia's income velocity of money

S Sharma, F Syarifuddin

(2019), Vol. 21, pp. 323-342, Buletin Ekonomi Moneter dan Perbankan, Jakarta, Indonesia, C1-1

journal article
2018

Is stock return predictability time-varying?

N Devpura, P Narayan, S Sharma

(2018), Vol. 52, pp. 152-172, Journal of international financial markets, institutions and money, Amsterdam, The Netherlands, C1

journal article

Some preliminary evidence of price discovery in Islamic banks

P Narayan, S Sharma, K Thuraisamy, J Westerlund

(2018), Vol. 52, pp. 107-122, Pacific-Basin finance journal, Amsterdam, The Netherlands, C1

journal article

An analysis of time-varying commodity market price discovery

P Narayan, S Sharma

(2018), Vol. 57, pp. 122-133, International review of financial analysis, Amsterdam, The Netherlands, C1

journal article

Can economic policy uncertainty predict stock returns? Global evidence

D Phan, S Sharma, V Tran

(2018), Vol. 55, pp. 134-150, Journal of International Financial Markets, Institutions and Money, C1

journal article
2017

Gold and inflation(s) - a time-varying relationship

B Lucey, S Sharma, S Vigne

(2017), Vol. 67, pp. 88-101, Economic modelling, Amsterdam, The Netherlands, C1

journal article
2016

Intraday volatility interaction between the crude oil and equity markets

D Phan, S Sharma, P Narayan

(2016), Vol. 40, pp. 1-13, Journal of International Financial Markets, Institutions and Money, C1

journal article

Asset price bubbles and economic welfare

P Narayan, S Sharma, D Phan

(2016), Vol. 44, pp. 139-148, International Review of Financial Analysis, C1

journal article

Can consumer price index predict gold price returns?

S Sharma

(2016), Vol. 55, pp. 269-278, Economic modelling, Amsterdam, The Netherlands, C1

journal article

Intraday return predictability, portfolio maximisation, and hedging

P Narayan, S Sharma

(2016), Vol. 28, pp. 105-116, Emerging markets review, Amsterdam, The Netherlands, C1

journal article

Are Islamic stock returns predictable? A global perspective

P Narayan, D Phan, S Sharma, J Westerlund

(2016), Vol. 40, pp. 210-223, Pacific Basin Finance Journal, C1

journal article
2015

Oil price and stock returns of consumers and producers of crude oil

D Phan, S Sharma, P Narayan

(2015), Vol. 34, pp. 245-262, Journal of International Financial Markets, Institutions and Money, Amsterdam , Netherlands, C1

journal article

Does data frequency matter for the impact of forward premium on spot exchange rate?

P Narayan, S Sharma

(2015), Vol. 39, pp. 45-53, International Review of Financial Analysis, C1

journal article

Is carbon emissions trading profitable?

P Narayan, S Sharma

(2015), Vol. 47, pp. 84-92, Economic Modelling, C1

journal article

Can governance quality predict stock market returns? New global evidence

P Narayan, S Sharma, K Thuraisamy

(2015), Vol. 35, pp. 367-380, Pacific Basin Finance Journal, Amsterdam, The Netherlands, C1

journal article

On the use of panel cointegration tests in energy economics

J Westerlund, K Thuraisamy, S Sharma

(2015), Vol. 50, pp. 359-363, Energy economics, Amsterdam, The Netherlands, C1

journal article

Stock return forecasting: some new evidence

D Phan, S Sharma, P Narayan

(2015), Vol. 40, pp. 38-51, International review of financial analysis, Amsterdam, The Netherlands, C1

journal article

The effect of the Lehman Brothers bankruptcy on the performance of Chinese sectors

K Ranjeeni, S Sharma

(2015), Vol. 51, pp. 904-914, Emerging markets finance and trade, London, Eng., C1

journal article

Time-varying herding behavior, global financial crisis, and the Chinese stock market

S Sharma, P Narayan, K Thuraisamy

(2015), Vol. 18, pp. 1-31, Review of pacific basin financial markets and policies, London, Eng., C1

journal article
2014

Firm return volatility and economic gains: The role of oil prices

P Narayan, S Sharma

(2014), Vol. 38, pp. 142-151, Economic Modelling, Amsterdam, Netherlands, C1

journal article

New evidence on turn-of-the-month effects

S Sharma, P Narayan

(2014), Vol. 29, pp. 92-108, Journal of International Financial Markets, Institutions and Money, Amsterdam, Netherlands, C1

journal article

Do oil prices predict economic growth? New global evidence

P Narayan, S Sharma, W Poon, J Westerlund

(2014), Vol. 41, pp. 137-146, Energy economics, Amsterdam, The Netherlands, C1

journal article

An analysis of price discovery from panel data models of CDS and equity returns

P Narayan, S Sharma, K Thuraisamy

(2014), Vol. 41, pp. 167-177, Journal of Banking and Finance, Amsterdam, Netherlands, C1

journal article

An analysis of firm and market volatility

S Sharma, P Narayan, X Zheng

(2014), Vol. 38, pp. 205-220, Economic systems, Amsterdam, The Netherlands, C1

journal article

How profitable is the Indian stock market?

P Narayan, H Ahmed, S Sharma, Prabheesh KP

(2014), Vol. 30, pp. 44-61, Pacific-Basin finance journal, Amsterdam, Netherlands, C1

journal article
2013

Does tourism predict macroeconomic performance in Pacific Island countries?

P Narayan, S Sharma, D Bannigidadmath

(2013), Vol. 33, pp. 780-786, Economic modelling, Amsterdam, The Netherlands, C1

journal article

An analysis of commodity markets: what gain for investors?

P Narayan, S Narayan, S Sharma

(2013), Vol. 37, pp. 3878-3889, Journal of banking and finance, Amsterdam, The Netherlands, C1

journal article

Determinants of stock price bubbles

P Narayan, S Mishra, S Sharma, R Liu

(2013), Vol. 35, pp. 661-667, Economic modelling, Amsterdam, The Netherlands, C1

journal article

The relationship between Asian equity and commodity futures markets

K Thuraisamy, S Sharma, H Ali Ahmed

(2013), Vol. 28, pp. 67-75, Journal of Asian economics, Amsterdam, The Netherlands, C1

journal article

Oil price uncertainty and sovereign risk: evidence from Asian economies

S Sharma, K Thuraisamy

(2013), Vol. 28, pp. 51-57, Journal of Asian economics, Amsterdam, The Netherlands, C1

journal article
2012

Investment and oil price volatility

S Sharma, P Narayan

(2012), Vol. 32, pp. 1428-1433, Economics bulletin, Nashville, Tenn., C1

journal article

Firm heterogeneity and calendar anomalies

S Sharma, P Narayan

(2012), Vol. 22, pp. 1931-1949, Applied financial economics, London, England, C1

journal article
2011

Determinants of carbon dioxide emissions : empirical evidence from 69 countries

S Sharma

(2011), Vol. 88, pp. 376-382, Applied energy, Amsterdam, The Netherlands, C1-1

journal article

New evidence on oil price and firm returns

S Sharma, P Narayan

(2011), Vol. 35, pp. 3253-3262, Journal of banking and finance, Amsterdam , The Netherlands, C1

journal article
2010

Is economic development in the Pacific island countries export led or import led?

V Mishra, S Sharma, R Smyth

(2010), Vol. 25, pp. 46-63, Pacific economic bulletin, Canberra, A. C. T., C1-1

journal article

The relationship between energy and economic growth : empirical evidence from 66 countries

S Sharma

(2010), Vol. 87, pp. 3565-3574, Applied energy, Oxford, England, C1-1

journal article

Electricity consumption - growth nexus : the case of Malaysia

S Sharma, V Chandran, K Madhavan

(2010), Vol. 38, pp. 606-612, Energy policy, Amsterdam, The Netherlands, C1-1

journal article
2009

Are shocks to real output permanent or transitory? Evidence from a panel of Pacific Island countries

V Mishra, S Sharma, R Smyth

(2009), Vol. 24, pp. 65-82, Pacific economic bulletin, Canberra, A. C. T., C1-1

journal article

Are fluctuations in energy consumption per capita transitory? Evidence from a panel of Pacific Island countries

V Mishra, S Sharma, R Smyth

(2009), Vol. 37, pp. 2318-2326, Energy policy, Amsterdam, The Netherlands, C1-1

journal article

The energy - GDP nexus : evidence from a panel of Pacific Island countries

S Sharma, V Mishra, R Smyth

(2009), Vol. 31, pp. 210-220, Resource and energy economics, Amsterdam, The Netherlands, C1-1

journal article

Funded Projects at Deakin

Industry and Other Funding

Cross border expansion of Australian Banks

Prof Paresh Narayan, Dr Kannan Thuraisamy, Dr Sagarika Mishra, A/Prof Susan Sharma

Aust Centre for Financial Studies

  • 2014: $4,545

Financial Econometrics and Corporate Finance of Islamic Financial Markets

Prof Paresh Narayan, A/Prof Susan Sharma, Dr Kannan Thuraisamy

International Centre for Education in Islamic Finance

  • 2018: $32,953
  • 2017: $38,534
  • 2016: $31,533

Understanding Indonesia's Stock Market: New Models and New Data

Prof Paresh Narayan, A/Prof Susan Sharma, Dr Kannan Thuraisamy

Universitas Airlangga

  • 2018: $25,050

Training Program for Sri Lankan Taxation Commissioners and Research program on Investor Taxation, firm Heterogeneity, and Asset Prices.

Prof Paresh Narayan, A/Prof Luckmika Perera, A/Prof Susan Sharma

University of Sri Jayewardenepura

  • 2018: $75,000

Indonesia's Financial System in the World Economy: What is new and what we learn?

Prof Paresh Narayan, A/Prof Susan Sharma, Mr Dinh Phan

Universitas Airlangga

  • 2020: $24,600
  • 2019: $17,200

Supervisions

Co-supervisor
2021

Bernard Njindan Iyke

Thesis entitled: Three Essays in Banking and Finance

Doctor of Philosophy, Department of Finance

Associate Supervisor
2019

Neluka Devpura

Thesis entitled: Three essays on Asset Pricing

Doctor of Philosophy, Department of Finance

2018

Maryam Akbari Nasiri

Thesis entitled: Three essays on credit markets

Doctor of Philosophy, Department of Finance

2017

Deepa Bannigidadmath

Thesis entitled: Three Essays on Commodity Markets

Doctor of Philosophy, Department of Finance

2016

Siroos Khademalomoom

Thesis entitled: Three Essays on the Intraday Dynamics of the Foreign Exchange Market

Doctor of Philosophy, Department of Finance

2014

Dinh Phan

Thesis entitled: Three Essays on Crude Oil and Equity Markets

Doctor of Philosophy, School of Accounting, Economics & Finance