Fathali Firoozi, Ph.D.

Professor, Economics

Image of Fathali Firoozi


Dr. Fathali Firoozi began teaching at UTSA in 1988. He has been the recipient of the President’s Distinguished Research Achievement Award and the Carlos Alvarez College of Business Advisory Council Research Award.

He specializes in mathematical modeling and econometric methods. He has performed research in various fields related to economics and finance and has taught courses at various levels from freshman to Ph.D.

Research Interests

  • Quantitative methods
  • Econometrics


  • Ph.D., MS University of Oklahoma
  • M.A. University of Texas at Austin
  • MBA Oklahoma City University
  • B.A. Iran College of Banking


  • “Information Asymmetry and Adverse Wealth Effects of Crowd-funding,” Journal of Entrepreneurial Finance, Vol. 18, No. 1, 2017, pp. 1-8.
  • “On the Joint Fourier-ESTAR testing of PPP,” (with Don Lien), Applied Economics Letter, Vol. 23, No. 14, 2016, pp. 979-983.
  • “A Procedure for Testing Granger Causality of Infinite Order,” International Journal of Business and Economics, Vol. 10, No. 2, 2011, pp. 165-170.
  • “The Tax-spending Nexus: Evidence from a Panel of U.S. State-Governments,” Economic Modelling, Vol. 28, 2011, pp. 885-890.
  • “A Linear Model Test of Sufficiency for Non-Orthogonality of Matrices,” Advances and Applications in Statistics, Vol. 22, No. 2, 2011, pp. 119-127.
  • “On Capital Structure and Entry Deterrence,” Handbook of Quantitative Finance and Risk Management, Vol. 1, 2010, pp. 1381-1390.
  • “A Monte Carlo Power Comparison of the Classical and One-sided Procedures for Testing Linear Inequalities,” Journal of Quantitative Economics, Vol. 6, Issues 1&2, 2008, pp. 233-239.