Dr. Mohamad Karaki

Associate Professor

Bio

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 Control, The Energy Journal and Oxford Bulletin of Economics and Statistics.

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

• Karaki, M. B., & Safieddine, H. (2023). Do Defense News Crowd Out Private Investment?. Economics Letters, forthcoming.
• Karaki, M. B., & Rangaraju, S. K. (2023). The confidence channel of US financial uncertainty: Evidence from industry-level data. Economic Modelling, forthcoming.
• Diab, S., & Karaki, M. B. (2023). Do increases in gasoline prices cause higher food prices?. Energy Economics, forthcoming.
• 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 Statistics, 81(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 Reallocation. Journal of Economic Dynamics and Control, 61, 95-113. https://doi.org/10.1016/j.jedc.2015.08.006