Rate My Professor Aaron Smallwood

Aaron Smallwood is an Associate Professor of Economics in the Department of Economics, College of Business, at the University of Texas at Arlington, where he joined the faculty in June 2006. He holds a Ph.D. in Economics from Florida State University. His scholarly work centers on time series econometrics and its applications to international finance and macroeconomic phenomena.

Smallwood's research specializations include long memory processes, generalized autoregressive models such as GARCH, exchange rate dynamics, purchasing power parity, real interest rates, currency markets, house price persistence, credit supply, export performance, unit root tests, and nonlinear data analysis. Key publications feature 'Asymmetry and non-normality in the dynamics of Chinese renminbi markets' (February 2025); 'Time variation in house price persistence – The role of expectations versus credit supply' with Chi-Young Choi (October 2024); 'Conditional sum of squares estimation of k-factor GARMA models' with Paul Beaumont (2024, AStA Advances in Statistical Analysis); 'An investment-based explanation of currency excess returns' with Ibrahim Jamali and Ehab Yamani (2023, Journal of International Money and Finance); 'Inference for estimators of generalized long memory processes' with Paul Beaumont (2023, Communications in Statistics – Simulation and Computation); 'Inference in misspecified GARCH-M models' (2022, Oxford Bulletin of Economics and Statistics); 'Determinants of credit loan securitization in Chinese banking' with Jie Li and Zhenyu Sheng (2021, Pacific Economic Review); 'Analyzing exchange rate uncertainty and bilateral export growth in China: A multivariate GARCH-based approach' (2019, Economic Modelling); 'Exchange rate shocks and trade: A multivariate GARCH-M approach' with Kevin Grier (2013, Journal of International Money and Finance); and 'Generalized long memory processes, failure of cointegration tests and exchange rate dynamics' with Stefan Norrbin (2006, Journal of Applied Econometrics). These contributions address volatility spillovers, mean reversion, and financial factors influencing economic variables.

In 2024, Smallwood received the President's Award for Excellence in Teaching. He is a participant in the Faculty Leadership Academy class of 2025 and instructs courses in international finance and economic forecasting.