Mitarbeiter

Dr. Michael Krause

• Deutsche Bundesbank
• Central Office, Economic Research Centre
• Wilhelm Epstein Str. 14
• 60431 Frankfurt am Main
•  
• +49 69 9566 2382
• +49 69 9566 4026
• Michael Krause

Research Interests

• Business Cycle Analysis
• Monetary Policy
• Labor Markets and Unemployment

Publications

• Krause, M. and T. Lubik (2010), Instability and Indeterminacy in a Simple Search and Matching Model, Federal Reserve Bank of Richmond Economics Quarterly, 96(3), 259-272.
• De Walque, G., J. Jimeno, M. Krause, H. Le Bihan, S. Millard and F. Smets (2010), Some Macroeconomic and Monetary Policy Implications of New Microevidence on Wage Dynamics, Journal of the European Economic Association, 8(2-3), 506-513.
• Krause, M., D. Lopez-Salido and T. Lubik (2008), Inflation Dynamics with Search Frictions: A Structural Econometric Analysis, Journal of Monetary Economics, 55, 892-916.
• Krause, M., D. Lopez-Salido and T. Lubik (2008), Do Search Frictions Matter for Inflation Dynamics?, European Economic Review, 52, 1464-1479.
• Krause, M. and T. Lubik (2007), The (Ir)relevance of Real Wage Rigidity in the New Keynesian Model with Search Frictions, Journal of Monetary Economics, 54, 706-727.
• Krause, M. and T. Lubik (2006), The Cyclical Upgrading of Labor and On-the-job Search, Labour Economics, 13, 459-477.

Discussion Papers

• Hoffmann, M., M. Krause and T. Laubach (2011), Long-run Growth Expectations and „Global Imbalances“, Deutsche Bundesbank Discussion Paper, Series 1: Economic Studies, 01/2011.
• Krause, M. and T. Lubik (2010), Instability and Indeterminacy in a Simple Search and Matching Model, Deutsche Bundesbank Discussion Paper, Series 1: Economic Studies, 25/2010.
• Krause, M. and T. Lubik (2007), Does Intra-Firm Bargaining Matter for Business Cycle Dynamics?, Deutsche Bundesbank Discussion Paper, Series 1: Economic Studies, 17/2007.
• Krause, M. and T. Lubik (2007), On-the-Job Search and the Cyclical Dynamics of the Labor Market, Deutsche Bundesbank Discussion Paper, Series 1: Economic Studies, 15/2007.

Working Papers

• Krause, M. and T. Lubik (2007), On-the-Job Search and the Cyclical Dynamics of the Labor Market, ECB Working Paper, 779.
• Krause, M. (2002), Inter-Industry Wage Differentials and the Creation and Destruction of Jobs, CentER Discussion Paper, 3.

Work in Progress

• Krause, M. and S. Moyen (2011), Public Debt and Changing Inflation Targets, working paper.
• Krause, M. and H. Uhlig, Transitions in the German Labour Market and the current crisis, work in progress.
• Konya, I. and M. Krause (2010), Wage dynamics in Europe and the United States, work in progress.
• Krause, M. and W. Lemke (2006), Optimal Monetary Policy Responses to Changes in Distortionary Taxation, mimeo.

Presentations

• 2010:
  Society for Economic Dynamics Conference, Montreal; EALE/SOLE World Congress, London; European Economic Association Meetings, Glasgow; Bundesbank Spring Conference 2010, Eltville; Society for Computational Economics Annual Conference (CEF), London; Würzburg University, Verein für Socialpolitik, Jahrestagung, Kiel.
• 2009:
  Sveriges Riksbank, Stockholm; Norges Bank, Oslo; Tel Aviv University; European Central Bank, Frankfurt; University of Cyprus.
• 2008:
  Ungarische Nationalbank, Budapest; Bank of Japan Conference 2008, Tokyo; Banco de Espana, Madrid; Bocconi University, Milan; ESCB Wage Dynamic Network Conference, Frankfurt; Free University of Berlin; International Research Forum on Monetary Policy, Frankfurt.
• 2007:
  Bank of Japan; University of Tokyo; Bank de France; Society for Computational Economics Conference, Monetreal; Bundesbank-Federal Reserve Bank of Cleveland Conference; Econometric Society Meetings, Duke University, Durham; European Economic Association, Budapest; Conference on Research Frontiers in Economics, University of Louvain.
• 2006:
  ECB/CEPR Workshop ‘Wage and Labour Costs Dynamics’; Discussant at National Bank of Belgium Conference on ‘Wage and Price Rigidities in an Open Economy’; Society for Computational Economics Conference, Cyprus; European Central Bank; Deutsche Bundesbank; OeNB-SNB-Bundesbank Workshop, Eltville; Institut für Weltwirtschaft, Kiel.
• 2005:
  DIW, Berlin; Society of Economic Dynamics World Conference, Budapest; Econometric Society World Congress, London; The Johns Hopkins University.
• 2004:
  European Central Bank, Frankfurt; University of Sankt Gallen; Humboldt University, Berlin; University of Frankfurt; Tilburg University; North American Summer Meetings of the Econometric Society, Providence; Dutch Central Bank (DNB); Society for Computational Economics Conference, Amsterdam; EEA/ESEM Meetings, Madrid; EALE Meetings in Lisboa; Jahrestagung des Vereins für Socialpolitik, Dresden; Deutsche Bundesbank, Frankfurt; Jahrestreffen Deutscher Wirtschaftswissenschaftler im Ausland, Bielefeld.
• 2003:
  Iowa State University; European Commission, DG Financial and Economic Affairs; Summer Meetings of the Econometric Society, Evanston; European Economics and Finance Society, Bologna.
• 2002:
  Tilburg University; The Johns Hopkins University, Baltimore.
• 2001:
  European University Institute; Wissenschaftszentrum Berlin.
• 2000:
  EALE/Sole World Conference, Milan (also as discussant); CentER, Tilburg; Tinbergen Institute, Amsterdam; OSA Center for Labor Studies, Tilburg.

Refereeing

• American Economic Review, Journal of Economic Dynamics and Control, Journal of Monetary Economics, European Economic Review, Labour, Journal of Money, Credit, and Banking, Macroeconomic Dynamics, B.E. Press, Macroeconomics, Journal of Macroeconomics