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 profileResearch 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
Professional activities
Research groups
- Centre for Financial Econometrics (2011 - 2016)
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
Demystifying COVID-19 policy actions: The case of inflation control in ASEAN
S Rizvi, S Sharma, S Juhro
(2024), Vol. 83, pp. 1-9, Pacific Basin Finance Journal, Amsterdam, The Netherlands, C1
Corporate leverage and leverage speed of adjustment: Does environmental policy stringency matter?
C Lee, C Wang, B Thinh, M Purnama, S Sharma
(2024), Vol. 85, pp. 1-16, Pacific Basin Finance Journal, Amsterdam, The Netherlands, C1
Understanding mispricing in the travel and leisure industry
P Narayan, S Sharma
(2023), Vol. 90, pp. 1-11, International Review of Financial Analysis, Amsterdam, The Netherlands, C1
Technology shocks and stock returns: A long-term perspective
S Sharma, P Narayan
(2022), Vol. 68, pp. 67-83, Journal of Empirical Finance, C1
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
Westerlund and Narayan predictability test: Step-by-step approach using COVID-19 and oil price data
S Sharma
(2021), Vol. 8, MethodsX, Netherlands, C1
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
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
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
Trade conflicts and energy firms' market values: Evidence from China
J Xu, S Huang, L Shi, S Sharma
(2021), Vol. 101, Energy Economics, C1
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
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
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
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
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
Predicting exchange rate returns
P Narayan, S Sharma, D Phan, G Liu
(2020), Vol. 42, Emerging Markets Review, C1
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
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
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
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
Higher moments and exchange rate behavior
S Khademalomoom, P Narayan, S Sharma
(2019), Vol. 54, pp. 201-229, Financial review, Chichester, Eng., C1
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
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
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
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
Which variables predict Indonesia's inflation?
S Sharma
(2019), Vol. 22, pp. 87-102, Buletin ekonomi moneter dan perbankan, Jakarta, Indonesia, C1
Structural instability and predictability
N Devpura, P Narayan, S Sharma
(2019), Vol. 63, Journal of International Financial Markets, Institutions and Money, C1
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
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
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
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
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
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
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, Amsterdam, The Netherlands, C1
Asset price bubbles and economic welfare
P Narayan, S Sharma, D Phan
(2016), Vol. 44, pp. 139-148, International Review of Financial Analysis, C1
Can consumer price index predict gold price returns?
S Sharma
(2016), Vol. 55, pp. 269-278, Economic modelling, Amsterdam, The Netherlands, C1
Intraday return predictability, portfolio maximisation, and hedging
P Narayan, S Sharma
(2016), Vol. 28, pp. 105-116, Emerging markets review, Amsterdam, The Netherlands, C1
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
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
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
Is carbon emissions trading profitable?
P Narayan, S Sharma
(2015), Vol. 47, pp. 84-92, Economic Modelling, C1
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
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
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
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
Time-varying herding behavior, global financial crisis, and the Chinese stock market
S Sharma, S Sharma, P Narayan, P Narayan, K Thuraisamy, K Thuraisamy
(2015), Vol. 18, pp. 1-31, Review of pacific basin financial markets and policies, London, Eng., C1
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
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
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
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
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
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
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
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
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
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
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
Investment and oil price volatility
S Sharma, P Narayan
(2012), Vol. 32, pp. 1428-1433, Economics bulletin, Nashville, Tenn., C1
Firm heterogeneity and calendar anomalies
S Sharma, P Narayan
(2012), Vol. 22, pp. 1931-1949, Applied financial economics, London, England, C1
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
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
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
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
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
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
V Mishra, S Sharma, R Smyth
(2009), Vol. 37, pp. 2318-2326, Energy policy, Amsterdam, The Netherlands, C1-1
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
Funded Projects at Deakin
Industry and Other Funding
Cross border expansion of Australian Banks
Prof Paresh Narayan, Dr Kannan Thuraisamy, A/Prof 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
Bernard Njindan Iyke
Thesis entitled: Three Essays in Banking and Finance
Doctor of Philosophy, Department of Finance
Neluka Devpura
Thesis entitled: Three essays on Asset Pricing
Doctor of Philosophy, Department of Finance
Maryam Akbari Nasiri
Thesis entitled: Three essays on credit markets
Doctor of Philosophy, Department of Finance
Deepa Bannigidadmath
Thesis entitled: Three Essays on Commodity Markets
Doctor of Philosophy, Department of Finance
Siroos Khademalomoom
Thesis entitled: Three Essays on the Intraday Dynamics of the Foreign Exchange Market
Doctor of Philosophy, Department of Finance
Dinh Phan
Thesis entitled: Three Essays on Crude Oil and Equity Markets
Doctor of Philosophy, School of Accounting, Economics & Finance