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Hermann Sintim-Aboagye

Professor, Accounting and Finance

Office:
School of Business 350
Email:
sintimaboh@montclair.edu
Phone:
973-655-7517
Degrees:
BA, University of Ghana
MBA, Tulane University
PhD, University of New Orleans
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Bio

I had may undergraduate education from the University of Ghana where I graduated with a BA (Hons) in Geography with a minor in Philosophy. Subsequently, I obtained an MBA in finance from Tulane University and a PhD in financial economics from the University of New Orleans in 1991 & 2001 respectively. I am currently tenured and an associate professor of finance & economics in the dept. of finance and economics, school of business at montclair state university.

Expertise

Corporate Finance
Investment Theory
Financial Markets
Macroeconomics

Research

  • Conditional Volatility of Financial Markets, Market Liberalization and Economic Growth: Evidence from Emerging Economies.
  • Openness and Foreign Direct Investment Net Flows: Evidence from Emerging Economies.<br><br>This paper examines the short and long run effects of the Openness of an Economy to Trade and its Impact on the Flow of Foreign Direct Investments in Emerging Economies.
  • The Impact of the Uncertainty of Exchange Rates and Central Bank Independence on the J-Curve: Evidence from Emerging Countries.<br><br>This study investigates the extend to which the variability of Exchange Rates and Credibility of Monetary Policies affect the Speed of Adjustment of Trade Balances in Emerging Economies. Specifically, whether the postulated J-Curve in Financial Economic Literature is affected by the afore-mentioned choice variables.
  • Unemployment, Output and Central Bank Independence in Emerging Economies: Revisiting Okun's Law<br><br>This paper re-examines Okun's Law in the context varying levels of Central Bank Independence. Okun's postulates that Unemployment levels are influenced by Outputs in Economies. Variations of his original hypothesis have been presented and met equally differing levels of empirical support. Our effort is to extend the existing literature by determining whether the macroeconomic effect of independence of central banks will affect the proposed link between unemployment rates and Output.
  • The Impact of Capital Inflows on Interest Rates Risk Premia and the Influence of the Credibility of Monetary Policy.<br>This research will focus on emerging economies and how the prosecution of monetary policy with specific reference t0 inflation Control is subsumed by external capital pressures.

Honors & Awards

  • Global Education Award, Global Education, Montclair State University ( 2004)
  • Certificate of Best Author Award, Journal of the Academy of Business, Cambridge. (March 2006)
  • Academy of Business Journal 'Best Paper Award' in Global Financial Crisis, Academy of Business Research (March 2011)
  • Professing Excellence Award, 2018, Montclair State University, The Center for Leadership Development (May 2018)

Refereed Published Articles

  • H. Sintim (2003). Central Bank Independence and Revenue Smoothing Hypothesis: Implications on Taxes. Review of Business Research
  • H. Sintim (2003). New Estimates on the Influence of Central Bank Independence on the Variability of Inflation: Implications on the Term Structure and Financial Markets.. Review of Business and Economics
  • H. Sintim (2006). Inflation Variability, Central Bank Independence and Term Structure: A Simple Theoretical Examination. The Intermational Journal of Business Disciplines
  • H. Sintim (2006). Central Bank Independence, Inflation Variability and the Revenue Smoothing Hypothesis.. International Advances in Economic Research
  • N. Firoz, A. Waghdy, H. Sintim (2006). Transfer Pricing in the Global Marketplace. National Accounting Journal
  • H. Sintim (2006). Financial Opposition Index and Optimal Seignorage: Evidence from Emerging Economies.. Journal of American Academy of Business, Cambridge.
  • H. Sintim, N. Firoz (2010). Real Growth and Inflation Volatility: Evidence from the Adjustment and Economic Recovery Program in Africa. . The Journal of the American Academy of Business, Cambridge
  • A. Maghrabi, N. Firoz, R. Taghy, A. Waghdy, H. Sintim, M. Gunduz (2009). ABC of Interest Free Banking. Conflict Resoulation & Negotiation
  • H. Sintim (2008). Direct Taxes in Emerging Economies: Implications of a Measure of Effective Financial Opposition on Infllation.. International Research Journal for Finance and Economics
  • H. Sintim, N. Firoz (2007). Is Interest Free, Interest Free:Islamic Finance and Banking. Business Journel for Entrepreneurs
  • H. Sintim, C. Chakraborty (2007). Purchasing Power Parity, Inflation and Central Bank Independence: A Panel Cointegration Test of Emerging Economies. Journal of American Academy of business
  • H. Sintim (2006). Developing Economies and Taxes: Implications of Turnover Rates on the Revenue-Smoothing Hypothesis. Journal of Industrial Business and Economics Research
  • H. Sintim, S. Byykwaso (2006). Inflation Uncertainty and Inflation: Implications of Adjustment and Recovery Programs in Sub-Saharan Africa.. Global Business & Finance Review
  • H. Sintim (2006). Implications of Economics Recovery and Structural Adjustment Programs on the Cointegration of Prices and Exchange Rates: Evidence in Sub-Saharan Africa.. Journal of International Business and Economics
  • H. Sintim (2006). Emerging Economies and Inflation Variability: A comparison of a Generalized Maximum Likelihood and SUR Models on the Influence of Central Bank Independence. Economic Change and Restructuring (Formally Economics of Planning)
  • h. sintim-Aboagye, C. chakraborty, S. Byekwaso (2017). Foreign Capital Flows, Uncertainties of Exchange Rates and Central Bank Independence: Implications for Emerging Economies. Atlantic Economic Journal
  • H. Sintim (2013). IMF and World Bank Economic Programs on Inflation: Relevance to New Partnership for Africa‚Äôs Development (NEPAD). Review of Applied Economics
  • H. Sintim, C. Chakraborty (2012). Uncertainty of Inflation and Inflation Rate in Emerging Economies: Does Credibility of Inflation Policy Matter?. Economic Issues (UK)
  • H. Sintim (2010). Effect of Economic Recovery and Adjustment Policies on the Friedman-Ball Hypothesis and the Cointegration of Inflation and the Uncertainty of Inflation.. International Journal of Business and Economics
  • H. Sintim, C. Chakraborty (2010). Monetary Commitment and the Relationship between Exchange Rates and Relative Prices: Evidence from a Panel of Emerging Countries. International Research Journal for Finance and Economics
  • H. Sintim, C. Chakraborty (2019). High FDI Flows and High Central Bank Independence: A Note on Coordinated Growth Impact in Emerging Countries. Journal of International Finance Studies
  • H. Sintim, C. Chakraborty (2021). FDI DRIVEN GROWTH IN EMERGING ECONOMIES: IMPACT OF LEVELS OF CENTRAL BANK INDEPENDENCE. Journal of Developing Areas
  • H. Sintim-Aboagye, c. chakraborty, (2019). Foreign Capital Flows and Growth Under Varied Regimes of Central Bank Independence: Emerging Market Experience. Journal of Academy of Business and Economics

Published Proceedings

  • H. Sintim (5s). 2009. Firm size and industry effects on market reaction to changes in the prices of federal funds futures. 16th Annual Conference of the Multinational Finance Society Conference

Books & Chapters

  • B. Bobo, H. Sintim (2012). Neo-Liberalizarism, Interventionism and Developmental State: Implementing NEPAD. African World Press