Faculty and Staff

Dr. Mohamad Karaki

Associate Professor


Mohamad Karaki is an associate professor of economics at the Lebanese American University (LAU). He earned his PhD and MA in Economics from Wayne State University. Before joining LAU, he was a visiting assistant professor at Oakland University, a lecturer at Wayne State University and the University of Michigan-Dearborn, and an adjunct online faculty at Davenport University. He also worked as a consultant at the World Bank in Washington DC. His research interests lie in the areas of macroeconomics, energy economics and applied time series econometrics. His research has been published in reputable economics journals such as Journal of Economic Dynamics and ControlThe Energy Journal and Oxford Bulletin of Economics and Statistics.

Teaching Interests

Research Interests

Publications and Working Papers

Karaki, M. B. (2020). Monetary shocks and job flows: evidence from disaggregated data. Empirical Economics, 58(6), 2911-2936. https://link.springer.com/article/10.1007/s00181-018-1617-2

Herrera, A. M., Karaki, M. B., & Rangaraju, S. K. (2019). Oil price shocks and US economic activity. Energy policy, 129, 89-99. https://doi.org/10.1016/j.enpol.2019.02.011

Alsalman, Z. and Karaki, M. B. (2019). Oil prices and personal consumption expenditures: does the source of the shock matter?. Oxford Bulletin of Economics and Statistics81(2), 250-270. https://onlinelibrary.wiley.com/doi/10.1111/obes.12276

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.