Seyed Ali Madanizadeh

Position: Minister of Economic Affairs and Finance

Education

• Ph.D. & M.A. in Economics, University of Chicago

• M.Sc. in Computational Mathematics, Stanford University

• B.Sc. & M.Sc. in Electrical Engineering, Sharif University of Technology

Executive & Managerial Experience

• Faculty Member & Dean, School of Management and Economics, Sharif University of Technology

• Head of Modeling Division, Monetary and Banking Research Institute (MBRI), Central Bank of Iran

• Economic Advisor, Plan and Budget Organization

• Board Member, Information Technology Organization, Ministry of ICT

• Member, Liquidity Committee, Central Bank of Iran

• Member, Money and Credit Council

• Lead Director, Macro-Project for Central Bank Law Reform

• Lead Director, Structural Budget Reform Initiative

• Lead Director, Macroeconomic Plan for Non-Inflationary Recovery from Recession

• Economic Advisor, Government Comprehensive Transformation Plan

Honors & Awards

• Iran’s Young Economist Award, 2018

• 3rd Place, International Student Mathematics Competition, 2002

• Gold Medal, National Mathematical Olympiad, 1999

• Bronze Medal, National Mathematical Olympiad, 1998

• Bronze Medal, International Mathematical Olympiad, 2002

Publications

Books

1. Structural Budget Reforms (co-authored with Hamid Pourmohammadi, Niloufar Damaneh, and Farhad Khan Mirzaei), Ayande Pazhuhi, 2022.

2. Assessment and Outlook of Financial Markets (co-authored with Amineh Mahmoudzadeh), Institute for Management and Planning Studies, 2019.

3. Stagflation: Causes and Exit Strategies (Vols. 1 & 2, co-authored with Mohammad Hossein Rahmati), Institute for Management and Planning Studies, 2019.

Policy Papers & Legislative Proposals

1. Proposal for Government Transformation, 2021.

2. Macroeconomic Forecast for Iran (2020–2023), Parliamentary Research Center, 2020.

3. Structural Budget Reform Program, Plan and Budget Organization, 2019.

4. Plan to Aactively Counter Sanctions, Plan and Budget Organization, 2018.

5. Bank Bailout Rescue Package, MBRI, 2017.

6. Preliminary Banking System Reform Program, MBRI & Institute for Management and Planning Studies, 2016.

7. Draft Central Bank Law, Parliamentary Research Center, 2016.

8) Diagnosis of Iran’s Banking System Status (with Amineh Mahmoudzadeh), 2016.

9) Preliminary Banking System Reform Roadmap (with Amineh Mahmoudzadeh), 2016.

Journal Articles

12) Liquidity Shortage, Deposit Competition, and Central Bank Policies, Planning and Budget Quarterly (Mahmoudzadeh, A.; Madanizadeh, S.A.; Salarkia, A., 2018).

13) How Recession Affects Iranian Industrial Firms, Planning and Budget Quarterly (Mahmoudzadeh, A.; Madanizadeh, S.A.; Karimi Rad, A., 2018).

14) Firm-Bank Relationships: Evidence from Iran’s Stock Market Data, Planning and Budget Quarterly (Ebrahimi, S.; Mahmoudzadeh, A.; Madanizadeh, S.A., 2017).

15) Calibration of a DSGE Model for Iran’s Macroeconomy, Economic Research and Policies Journal (Madanizadeh, S.A.; Ebrahimi, M., 2017).

16) Sanctions’ Impact on Iran’s Economy During the 2012–2013 Recession, Economic Research (Rahmati, M.H.; Madanizadeh, S.A.; Karimi Rad, A., 2016).

17) Business Cycle Accounting in Iran, Planning and Budget Quarterly (Rahmati, M.H.; Madanizadeh, S.A.; Jabbari, M.; Karimi Rad, A., 2016).

18) Exchange Rate Pass-Through in Iran, Economic Studies (Ebrahimi, S.; Madanizadeh, S.A., 2016).

19) Inflationary Inequality and the Influence of Individuals' Reactions on its Level: Iran's cases, Economic Research (Madanizadeh, S.A.; Azarbayjani, A.; Rahmani, T.; Afrouzi, H., forthcoming).

20) The Role of Banking Health on Loan Growth, Monetary-Banking Research Quarterly (Mahmoudzadeh, A.; Madanizadeh, S.A.; Ghorban Nejad, H., 2022).

Conference Papers

1) The Impact of Bank Credit Quality on Firm Performance: Evidence from Listed Companies (with Amineh Mahmoudzadeh & Sajjad Ebrahimi), 26th Monetary and Exchange Policies Conference, MBRI, 2016.

2) General Equilibrium Analysis of Credit Crunch (with Amineh Mahmoudzadeh, Navid Raeisi & Shamim Taheri), 26th Monetary and Exchange Policies Conference, MBRI, 2016.

3) The Impossible Trinity in Banking (12th International Management Conference, Tehran, 2015).

4) The Impossible Trinity: Production, Inflation, and Non-Performing Loans (with Farhad Nili, Amineh Mahmoudzadeh & Mehran Ebrahimi), 25th Monetary and Exchange Policies Conference, MBRI, 2015.

5) Structural-Institutional Prerequisites for Sustainable Single-Digit Inflation (with Ali Bahador, Saeed Bayat & Hooman Karami), 25th Monetary and Exchange Policies Conference, MBRI, 2015.

Articles in English

1) Hojati Najafabadi, A., Rahmati, M. H., & Madanizadeh, S. A. (2023). The dynamic of discriminatory reform: How does discretionary pricing neutralize the productivity gains of energy subsidy reform in Iran? Journal of Applied Economics, 26(1), 2241167.

 2) Fatemi Pour, E., Madanizadeh, S. A., & Joshaghani, H. (2023). Accept or reject a ride? This is the problem. Journal of Economic Studies, 50(7), 1346-1374.

 3) Madanizadeh, S. A., Moradi, R., & Joshaghani, H. (2023). Ride-hailing demand elasticity: A regression discontinuity method. Journal of Industrial and Business Economics, 50, 907-932.

 4) Rahmati, M. H., Ebrahimian, M., & Madanizadeh, S. A. (2021). Dynamic effects of trade barriers with speculation on foreign currency: The case of Iran. International Economics, 167, 151-173.

 5) Madanizadeh, S. A. (2021). International trade, skill premium and endogenous labor division: The case of Mexico. Labour Economics, 71, 102030.

6) Madanizadeh, S. A., & Pilvar, H. (2019). The impact of trade openness on labour force participation rate. Applied Economics, 51(24), 2654-2668.

7) Yousefi, K., Madanizadeh, S. A., & Sobhani, F. Z. (2020). Growth through export: Evidence from Iran’s manufacturing plants. Journal of Economic Studies.

8) Madanizadeh, S. A., Karimirad, A., & Rahmati, M. H. (2019). Business cycle accounting of trade barriers in a small open economy. The Quarterly Review of Economics and Finance, 71, 67-78.

9) Hortaçsu, A., Madanizadeh, S. A., & Puller, S. L. (2017). Power to choose? An analysis of consumer inertia in the residential electricity market. American Economic Journal: Economic Policy, 9(4), 192-226. (Also available as NBER Working Paper Version)

10) Mohammadian, A., Samimi, A., & Madanizadeh, S. A. (2009). Effects of transportation and built environment on general health and obesity. Transportation Research Part D, 14(1), 67-71.