Dr. Mohamad Karaki


Mohamad Karaki is an assistant professor of economics. He earned his PhD and MA in Economics from Wayne State University. He was a visiting assistant professor of economics at Oakland University, a lecturer at Wayne State University and the University of Michigan-Dearborn, and an adjunct online faculty member at Davenport University. He has been a consultant at the World Bank in Washington DC since 2011, working on applied time series econometrics research. His research has been presented at reputable conferences including the Midwest Macroeconomic Meeting and the Midwest Economic Association.

Teaching Interests

  • Macroeconomics
  • Monetary Economics
  • Time Series Econometrics
  • Economic Statistics
  • International Finance
  • International Trade
  • Energy Economics

Research Interests

  • The Macroeconomic Effects of Oil Prices
  • Sectoral and Regional Job Reallocation
  • Nonlinear Time Series Econometrics Models
  • Monetary Policy and Money Credit
  • Financial Development

Publications and Working Papers

Alsalman, Z. and Karaki, M. B. (2018). Oil Prices and Personal Consumption Expenditures: Does the Source of the Shock Matter?. Oxford Bulletin of Economics and Statistics, forthcoming.

Karaki, M.B. (2018). Oil Prices and State Unemployment Rates. The Energy Journal, 39(3), 25-49. DOI: 10.5547/01956574.39.3.mkar

Karaki, M.B.(2018). Asymmetries in the Responses of Regional Job Flows to Oil Price Shocks. Economic Inquiry, 56(3), 1827-1845. DOI: 10.1111/ecin.12502

Karaki, M.B. (2017). Nonlinearities in the Response of Real GDP to Oil Price Shocks. Economics Letters, 161, 146-148. https://doi.org/10.1016/j.econlet.2017.09.034

Herrera, A.M., Karaki, M.B. & Rangaraju, S.K.(2017). Where Do Jobs Go When Oil Prices Drop? Energy Economics, Vol. 64, 469-482, 2017. https://doi.org/10.1016/j.eneco.2016.02.006

Herrera, A.M. & Karaki, M.B. (2015). The Effects of Oil Price Shocks on Job ReallocationJournal of Economic Dynamics and Control, 61, 95-113.