Salah Nusair is a Professor of Economics specializing in international finance, open-economy macroeconomics, and monetary economics. He earned his Ph.D. from Wayne State University (USA) in 2001, with research focusing on purchasing power parity and exchange rate dynamics in developing economies. Over the past two decades, he has built a distinguished research record examining asymmetric relationships among exchange rates, oil prices, economic policy uncertainty, stock markets, and macroeconomic performance in advanced and emerging economies.

His work has been published in leading international journals, including Energy Economics, Energy Policy, Journal of International Financial Markets, Institutions & Money, and Applied Economics. He has been recognized among Stanford University/Elsevier’s World’s Top 2% Scientists (2024) and ranks in the top 10% of economists worldwide according to RePEc/IDEAS.

Professor Nusair has held academic appointments across Canada and the Middle East and has taught extensively at both graduate and undergraduate levels, particularly in international finance and macroeconomics.

PhD, Economics , International Economics, Open-economy Macroeconomics, Wayne State University, 2001

Open-economy Macroeconomics

Macroeconomics, Monetary Economics

1. Dennis Olson, Salah A. Nusair, & Emilios Galariotis (2026). Profitability of machine learning models in forecasting the S&P 500 index. Information Systems Frontiers,
2. Salah A. Nusair & Dennis Olson (2026). Asymmetric Effects of Domestic and Foreign Economic Policy Uncertainty on Exchange Rates in Developed Countries. Annals of Financial Economics, https://doi.org/10.1142/S201049522550023X
3. Salah A. Nusair (2025). Economic Policy Uncertainty and Industrial Output in the G7 Countries: An Asymmetric Analysis. Economic Change and Restructuring, 58(86), https://doi.org/10.1007/s10644-025-09929-5
4. Salah A. Nusair & Dennis Olson (2025). The Asymmetric Effects of Economic Policy Uncertainty Changes on Unemployment in the G7 Countries. Open Economies Review, https://doi.org/10.1007/s11079-025-09817-5
5. Salah A. Nusair, Dennis Olson, & Jamal A. Al-Khasawneh (2024). Asymmetric Effects of Economic Policy Uncertainty on Demand for Money in Developed Countries. Journal of Economic Asymmetries, 19, e00350, https://doi.org/10.1016/j.jeca.2023.e00350
6. Salah A. Nusair & Jamal A. Al-Khasawneh (2023). Changes in Oil Price and Economic Policy Uncertainty and the G7 Stock Returns: Evidence from Asymmetric Quantile Regression Analysis. Economic Change and Restructuring, 56: 1849-1893. https://doi.org/10.1007/s10644-023-09494-9
7. Al-Khasawneh, J.A., Essaddam, N., Nusair, S.A. Sanchez, B.A. (2023). Productivity-conditioned market reaction of US Bank acquisitions during regulation-deregulation eras. Journal of Economics and Finance, 47: 368-385. https://doi.org/10.1007/s12197-022-09610-x
8. Salah A. Nusair & Jamal A. Al-Khasawneh (2022). Impact of Economic Policy Uncertainty on the Stock Markets of the G7 Countries: A Nonlinear ARDL Approach. Journal of Economic Asymmetries, 26, https://doi.org/10.1016/j.jeca.2022.e00251
9. Salah A. Nusair & Dennis Olson (2022). Dynamic relationship between exchange rates and stock prices for the G7 countries: A nonlinear ARDL approach. Journal of International Financial Markets, Institutions and Money, 78, 101541, https://doi.org/10.1016/j.intfin.2022.101541
10. Salah A. Nusair (2022). The asymmetric effects of exchange rate changes on output: evidence from Asian countries. International Trade Journal, 36(4): 324-349 http://doi.org/10.1080/08853908.2021.1940392
11. Salah A. Nusair & Jamal A. Al-Khasawneh (2022). On the relationship between Asian exchange rates and stock prices: A nonlinear analysis. Economic Change and Restructuring, 55: 361-400, https://doi.org/10.1007/s10644-021-09318-8
12. Salah A. Nusair & Dennis Olson (2021). Asymmetric oil price and Asian economies: A nonlinear ARDL approach. Energy, 219, https://doi.org/10.1016/j.energy.2020.119594
13. Salah A. Nusair & Dennis Olson (2021). Testing Wagner’s law versus the Keynesian hypothesis for the GCC countries. Applied Economics, 53(12): 1395-1417, https://doi.org/10.1080/00036846.2020.1832196
14. Salah A. Nusair (2020). The asymmetric effects of oil price changes on unemployment: evidence from Canada and the US. Journal of Economic Asymmetries, 21, https://doi.org/10.1016/j.jeca.2019.e00153