AUB - Institute of Financial Economics

Simon Neaime

Contact Information

Phone:	(961) 1-744485/4060 (Office)
Fax	(961) 1-744484
E-mail	sn01@aub.edu.lb
Office	Nicely Hall 316 Nicely

University Degrees

BA in Economics, American University of Beirut, Beirut, Lebanon, 1988.
MA in Money and Banking, American University of Beirut, Beirut, Lebanon, 1990.
MA in Monetary Economics, University of Toronto, Toronto, Canada, 1992.
PhD in Macro and Monetary Economics/Econometrics/Financial Economics/Trade and Development, York University, Toronto, Canada, 1997.

Research Interests

Macroeconomics, Monetary Economics, Econometrics, Options and Derivative Instruments, Econometrics of Financial Markets, Financial Economics, Investment Banking .

Working Papers

S. Hammami, and S. Neaime, Measurement of Financial Integration in the GCC Equity Markets: A Novel Perspective. Institute of Financial Economics Working Paper, September 2007.
S. Neaime, Twin Deficits in Lebanon: A Time Series Analysis. Institute of Financial Economics Working Paper, January 2008

Publications

S. Neaime, Financial Governance, ARAB Financial Markets and the Basel II Accord
Arab Economic Journal, Vol. 14, No. 39, pp. 3-16, Summer 2007
S. Neaime, Monetary Policy Coordination and the Prospects of a Monetary Union Between GCC Countries. A Lead Journal Article in Economie Applique , Archives de L’institut de Sciences Mathematiques et Economiques Appliques, Paris, France, Vol. LIX, No. 4, pp. 5-32, December 2006.
The paper received the Best Policy-Oriented Paper Award when presented during the Economic Research Forum (ERF) 12th Annual Conference. The Award consists of an honorarium of $3000 ($2000 for presented paper, and $1000 for the Award) and a Certificate.
S. Neaime, Volatilities in Emerging MENA Stock Markets
Thunderbird International Business Review , Wiley InterScience Publisher, New Jersey, US, Vol. 48, No. 4, pp. 455-484, July, 2006.
S. Neaime, Financial Market Integration and Macroeconomic Volatility in the MENA Region: An Empirical Investigation. Review of Middle East Economics and Finance , Routledge Press (Taylor and Francis) United Kingdom, Vol. 3 No. 3, pp. 231-253, December, 2005. Paper cited by: Does Stock Market Liberalization Spur Economic and Financial Development in the MENA Region (2008)? Forthcoming in the Journal of Comparative Economics , Elsevier Science Press.
S. Neaime, Macroeconomic Fluctuations and Asymmetries in Selected East Mediterranean and Gulf Countries: An Empirical Investigation Journal of Economic Asymmetries , APF Press, Toronto, Canada, Vol. 1, No. 2, pp.143-172, December 2004.
S. Neaime, Income Convergence in the Asia-Pacific Region, Journal of Economic Integration , Vol. 19, No.3, pp. 470-498, September 2004. Paper nominated for a prize for best paper of the year.
S. Neaime, Sustainability of Budget Deficits and Public Debt In Lebanon: A Stationarity and Cointegration Analysis Review of Middle East Economics and Finance , Routledge Press (Taylor and Francis) United Kingdom, Vol.2 No.1, pp. 43-61, April 2004.
S. Neaime, Economic Diversification and Gender in the Gulf Cooperation Council Countries, A Lead Article in the Journal of Social Affairs , El-Sharjah, UAE, Vol. 20 No. 8, pp. 13-41, December 2003.
S. Hakim and S. Neaime, Mean-Reversion Across MENA Stock Markets: Implications for Derivative Pricing. International Journal of Business , Premier Press, California, US, Vol. 8 No. 3, pp. 348-358, September 2003. A. Mansoorian and S. Neaime, Durable Goods, Habits, Time Preference, and Exchange Rates, North American Journal of Economics and Finance , Elsevier Science Press. Amsterdam, the Netherlands, Vol. 14, No. 1, pp. 115-130, March 2003. Funded by URB. S. Hakim and S. Neaime, , Recent Assessments on the Integration of Stock Markets in the MENA Region, Forthcoming in Stock Market Volatility, Greg N. Gregoriou (Editor), Chapman-Hall/Taylor & Francis Press, pp. 549-560, March 2009.
S. Neaime, Sustainability and Dynamics of MENA Public Debt and the Macroeconomic Implications of Public Insolvency. Proceedings of the Economic Research Forum (ERF) 13th Annual Conference, December 15-18, 2006. The paper received the Best Policy-Oriented Paper Award. The Award consists of an honorarium of $3000 ($2000 for presented papers, and $1000 for the Award) and a Certificate.
S. Hakim and S. Neaime, A Unified Risk Assessment of Commercial Banks in the MENA Region. Proceedings of the Economic Research Forum (ERF) 12th Annual Conference, Cairo-Egypt, December 19-21, 2005. The paper received an honorarium of $2000 awarded for presented papers.
S. Neaime, The Euro and the Arab Region: Eight Years After its Introduction, Union of Arab Banks , pp. 129-134, June 2006.
S. Neaime, and N. Colton (Editors), Money and Finance in the Middle East: Missed Opportunities or Future Prospects? Research in Middle East Economics , Amsterdam and Oxford: Elsevier Science Press, Vol. 6, pp. 1-249, June 2005.
S. Neaime, Portfolio Management and Financial Market Integration of Emerging MENA Stock Markets. In Global Stock Markets and Portfolio Management , Palgrave and Macmillan, London, United Kingdom, Vol. 4, pp. 37-54, January 2006.
S. Neaime, Portfolio Diversification and Financial Integration of MENA Stock Markets. In Money and Finance in the Middle East: Missed Opportunities or Future Prospects? Research in Middle East Economics , Amsterdam and Oxford: Elsevier Science Press, Vol. 6, pp. 3-21, June 2005. Funded by URB.
S. Hakim and S. Neaime, Profitability and Risk Management in Banking: A Comparative Analysis of Egypt and Lebanon. In Money and Finance in the Middle East: Missed Opportunities or Future Prospects? Research in Middle East Economics , Amsterdam and Oxford: Elsevier Science Press, Vol. 6, pp. 121-136, June 2005. Funded by URB S. Neaime, Fiscal, Monetary and Exchange Rate Policies In a Small Open Economy. In Money and Finance in the Middle East: Missed Opportunities or Future Prospects? Research in Middle East Economics , Amsterdam and Oxford: Elsevier Science Press, Vol. 6, pp. 241-258, June 2005. Funded by URB.
S. Neaime, and N. Colton, Money and Finance in the Middle East: Missed Opportunities or Future Prospects? Introduction, Research in Middle East Economics , Amsterdam and Oxford: Elsevier Science Press, Vol. 6, pp. xi-xviii, June 2005. S. Neaime, Monetary and Exchange Rate Policies in the MENA Region, Arab Bank Review , Vol.6, No.1, pp. 33-38, April 2004.
S. Neaime, "Moving Ahead from Doha to Cancun: The Formulation of the Lebanese Negotiating Position." Proceedings of the Expert Group Meeting. The Center of Economic and Financial Research and Studies and Friedrich-Ebert-Stiftung, Cairo, Egypt, October 2003.
N. Colton and S. Neaime, Implications of the Introduction of the Euro for the Mediterranean Countries, Thunderbird International Business Review , Wiley InterScience Publisher, New Jersey, US, Vol. 45, No.1, pp. 31-49, January 2003. S. Neaime, The Euro and the Future EU-Arab Countries Trade Relations, Arab Economic Journal , Vol. 11, No.29, pp. 27-49, Autumn 2002.
A. Mansooriann and S. Neaime, Habits and Durability in Consumption and the Effects of Exchange Rate Policies, International Economic Journal , Springer, the Netherlands, Vol. 16, No. 2, pp. 97-114, Summer 2002. Funded by URB.
S. Neaime, and J. Paschakis, The Future of the Dollar-Euro Exchange Rate, North American Journal of Economics and Finance , Elsevier Science Publisher, Vol. 13, No. 1, pp. 57-72, May 2002. Paper nominated as best paper of the year 2002. This article ranks first in terms of the most requested articles in 2002, with 211 requests, and ranks 3rd in 2003 with 267 requests, and 6th in terms of the Science Direct Top 25 Hottest Articles in 2004. This article is cited by: (1) Cohen, B.J., (2003). Global Currency Rivalry: Can the Euro ever challenge the Dollar?, Journal of Common Market Studies , Blackwell Publishing, Vol. 41, No. 4, pp. 575-595; and (2) Reinhard, N., (2002). The Euro After Three Years, Atlantic Economic Journal , Springer, Vol. 30, No. 3, pp. 236-243.
S. Neaime, and S. Hakim, Price Linkages and Integration of MENA Stock Markets, International Review of Comparative Public Policy , Elsevier Science Press, Vol. 13, pp. 63-86, May 2002. Funded by URB.
S. Neaime, The Arab Economies: Monetary and Financial Implications of the Euro-Currency, Arab Economic Journal , Vol. 10, No. 24, pp. 3-28, Summer 2001. Funded by URB.
A. Mansoorian and S. Neaime, Habits and Durability in Consumption and the Effects of Tariff Protection, Open Economies Review , Routledge Press, Taylor and Francis, United Kingdom, Vol. 11, No.3, pp. 195-204, July 2000 (previously printed in the Netherlands by Kluwer Academic Publisher). Funded by URB. This article is cited by: M. Mohsin, (2006). Durability in Consumption and the Dynamics of the Current Account, Journal of Economic Dynamics and Control , Elsevier Science Press, Vol. 30 No. 1, pp. 143-162.
S. Neaime, The Macroeconomics of Exchange Rate Policies, Tariff Protection and the Current Account: A Dynamic Framework, APF Press , Toronto, Canada, July 2000. Excerpts from the book reviews are available on the back of the book, and the review of the Journal of Economic Literature (JEL) Vol. 39 No. 3 , 2001-1021 reads as follows: "A graduate level textbook introduces students to the main theoretical and applied models used by monetary and international financial economists and presents the relevant empirical evidence. Discusses globalization, tariffs, and the current account; exchange rate policies; neo-classical growth and optimal control; endogenous growth; and real exchange rates; productivity shocks, and sectoral adjustment of output. Considers policy implications."
S. Neaime, C.C. Paraskevopoulos and J. Paschakis, European Monetary Union and the Dollar-Euro Exchange Rate, in Asymmetries in Financial Globalization , edited by Bala Batavia, Nicholas A. Lash and A. G. Malliaris, Toronto, Canada: APF Press , 2002, pp. 103-124. Funded by URB.
S. Hakim and S. Neaime, A Model for Evaluating the Failure of Lebanese Banks, in Regional Trade, Finance and Labor Markets, Proceedings of The Economic Research Forum (ERF) 6th Annual Conference , pp. 308-324, October 1999. The paper received an honorarium of $2000 awarded for presented papers.
S. Andary, S. Hakim and S. Neaime, Using the Yield Curve to Predict Inflation in the Emerging Economies of the ERF, Regional Trade, Finance and Labor Markets. Proceedings of The Economic Research Forum (ERF) 5th Annual Conference , pp. 141-151, September 1998. The paper received an honorarium of $2000 awarded for presented papers.
S. Neaime, A Note on The Design and Effects of Monetary Policy in the Middle East, Regional trade, Finance and Labor Markets in Transition. Proceedings of the Economic Research Forum 4th Annual Conference , September 1997. S. Neaime, A Note on the Economies of Currency Boards: the Case of the Palestinian Economy in the West Bank and Gaza Strip. Regional Trade, Finance and Labor Markets, Proceedings of The Economic Research Forum (ERF) 6th Annual Conference , October 1999.
S. Neaime, A Note on Assessing Cost and Technical Efficiency of Banks in Kuwait, Regional trade, Finance and Labor Markets in Transition. Proceedings of The Economic Research Forum 8th Annual Conference , January 2002.