Details about Michael Krause

Access statistics for papers by Michael Krause.

Last updated 2024-03-07. Update your information in the RePEc Author Service.

Short-id: pmi142

Working Papers

2022

1. Kölner Impulse zur Wirtschaftspolitik
   ECONtribute Policy Brief Series, University of Bonn and University of Cologne, Germany

2020

2. Rebalancing the euro area: Is wage adjustment in Germany the answer?
   Discussion Papers, Deutsche Bundesbank View citations (5)
   See also Journal Article Rebalancing the euro area: Is wage adjustment in Germany the answer?, Journal of International Money and Finance, Elsevier (2021) View citations (4) (2021)

2014

3. International Capital Flows, External Assets and Output Volatility
   MAGKS Papers on Economics, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung) View citations (11)
   Also in VfS Annual Conference 2014 (Hamburg): Evidence-based Economic Policy, Verein für Socialpolitik / German Economic Association (2014) View citations (11)
   Discussion Papers, Deutsche Bundesbank (2014) View citations (11)
   See also Journal Article International capital flows, external assets and output volatility, Journal of International Economics, Elsevier (2019) View citations (6) (2019)
4. Modeling Labor Markets in Macroeconomics: Search and Matching
   Working Paper, Federal Reserve Bank of Richmond View citations (3)

2013

5. Public debt and changing inflation targets
   Discussion Papers, Deutsche Bundesbank View citations (12)
   See also Journal Article Public Debt and Changing Inflation Targets, American Economic Journal: Macroeconomics, American Economic Association (2016) View citations (35) (2016)
6. The Expectations-Driven U.S. Current Account
   VfS Annual Conference 2013 (Duesseldorf): Competition Policy and Regulation in a Global Economic Order, Verein für Socialpolitik / German Economic Association View citations (1)
   Also in Discussion Papers, Deutsche Bundesbank (2013) View citations (5)
   See also Journal Article The Expectations-driven US Current Account, The Economic Journal, Royal Economic Society (2019) View citations (4) (2019)

2012

7. Trend growth expectations and US house prices before and after the crisis
   Discussion Papers, Deutsche Bundesbank View citations (17)
   See also Journal Article Trend growth expectations and U.S. house prices before and after the crisis, Journal of Economic Behavior & Organization, Elsevier (2012) View citations (14) (2012)

2011

8. Long-run growth expectations and "global imbalances"
   CFS Working Paper Series, Center for Financial Studies (CFS) View citations (7)
   Also in Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank (2011) View citations (5)
9. Transitions in the German labor market: Structure and crisis
   Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank View citations (12)
   See also Journal Article Transitions in the German labor market: Structure and crisis, Journal of Monetary Economics, Elsevier (2012) View citations (179) (2012)

2010

10. Instability and indeterminacy in a simple search and matching model
    Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank View citations (16)
    See also Journal Article Instability and indeterminacy in a simple search and matching model, Economic Quarterly, Federal Reserve Bank of Richmond (2010) View citations (8) (2010)
11. On-the-job search and the cyclical dynamics of the labor market
    Working Paper, Federal Reserve Bank of Richmond View citations (6)
    Also in 2005 Meeting Papers, Society for Economic Dynamics (2005) View citations (2)
    Working Paper Series, European Central Bank (2007) View citations (27)
    Economics Working Paper Archive, The Johns Hopkins University,Department of Economics (2004) View citations (23)
    Other publications TiSEM, Tilburg University, School of Economics and Management (2004) View citations (18)
    Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank (2007) View citations (26)
    Computing in Economics and Finance 2006, Society for Computational Economics (2006) View citations (2)
    Discussion Paper, Tilburg University, Center for Economic Research (2004) View citations (21)
12. Public Debt and Inflation Incentives
    2010 Meeting Papers, Society for Economic Dynamics

2008

13. INFLATION DYNAMICS WITH SEARCH FRCTIONS: A STRUCTURAL ECONOMETRIC ANALYSIS
    CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University View citations (39)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2008) View citations (120)
    Working Paper, Federal Reserve Bank of Richmond (2008) View citations (86)
    See also Journal Article Inflation dynamics with search frictions: A structural econometric analysis, Journal of Monetary Economics, Elsevier (2008) View citations (114) (2008)

2007

14. Do Search Frictions Matter for Inflation Dynamics?
    Kiel Working Papers, Kiel Institute for the World Economy (IfW Kiel) View citations (4)
    See also Journal Article Do search frictions matter for inflation dynamics?, European Economic Review, Elsevier (2008) View citations (13) (2008)
15. Does intra-firm bargaining matter for business cycle dynamics?
    Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank View citations (22)
    See also Journal Article Does Intra-Firm Bargaining Matter for Business Cycle Dynamics?, Economic Quarterly, Federal Reserve Bank of Richmond (2013) View citations (11) (2013)

2006

16. Optimal Monetary Policy Response to Distortionary Tax Changes
    Computing in Economics and Finance 2006, Society for Computational Economics View citations (1)

2005

17. Persistence, Propagation and On-the-Job Search
    Computing in Economics and Finance 2005, Society for Computational Economics

2004

18. A Note on Instability and Indeterminacy in Search and Matching Models
    Economics Working Paper Archive, The Johns Hopkins University,Department of Economics View citations (8)
19. On-the-Job Search and Business Cycle Dynamics
    Econometric Society 2004 North American Summer Meetings, Econometric Society
    Also in Computing in Economics and Finance 2004, Society for Computational Economics (2004)

2003

20. Real Wage Dynamics in a Monetary Business Cycle Model with Search Frictions
    Computing in Economics and Finance 2003, Society for Computational Economics
21. The (Ir)relevance of Real Wage Rigidity in the New Keynesian Model with Search Frictions
    Discussion Paper, Tilburg University, Center for Economic Research View citations (1)
    Also in Economics Working Paper Archive, The Johns Hopkins University,Department of Economics (2003) View citations (47)
    Other publications TiSEM, Tilburg University, School of Economics and Management (2003)
    See also Journal Article The (ir)relevance of real wage rigidity in the New Keynesian model with search frictions, Journal of Monetary Economics, Elsevier (2007) View citations (424) (2007)

2002

22. Inter-Industry Wage Differentials and Job Flows
    Discussion Paper, Tilburg University, Center for Economic Research
    Also in Other publications TiSEM, Tilburg University, School of Economics and Management (2002)

Journal Articles

2022

1. Geldpolitik und Klimawandel
   (Monetary Policy and Climate Change)
   Wirtschaftsdienst, 2022, 102, (7), 545-551

2021

2. MMT and Government Finance: You Can't Always Get What You Want
   Richmond Fed Economic Brief, 2021, 21, (12) View citations (1)
3. Rebalancing the euro area: Is wage adjustment in Germany the answer?
   Journal of International Money and Finance, 2021, 119, (C) View citations (4)
   See also Working Paper Rebalancing the euro area: Is wage adjustment in Germany the answer?, Discussion Papers (2020) View citations (5) (2020)
4. Staatsverschuldung und Geldpolitik: Wege aus der Krise
   Zeitschrift für Wirtschaftspolitik, 2021, 70, (1), 69-80

2020

5. Macroeconomic Long-Run Effects of the German Minimum Wage when Labor Markets are Frictional
   EconStor Open Access Articles and Book Chapters, 2020, 240, (2-3), 351-386 View citations (5)
   Also in Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), 2020, 240, (2-3), 351-386 (2020) View citations (4)

2019

6. International capital flows, external assets and output volatility
   Journal of International Economics, 2019, 117, (C), 242-255 View citations (6)
   See also Working Paper International Capital Flows, External Assets and Output Volatility, MAGKS Papers on Economics (2014) View citations (11) (2014)
7. The Expectations-driven US Current Account
   The Economic Journal, 2019, 129, (618), 897-924 View citations (4)
   See also Working Paper The Expectations-Driven U.S. Current Account, VfS Annual Conference 2013 (Duesseldorf): Competition Policy and Regulation in a Global Economic Order (2013) View citations (1) (2013)

2016

8. Public Debt and Changing Inflation Targets
   American Economic Journal: Macroeconomics, 2016, 8, (4), 142-76 View citations (35)
   See also Working Paper Public debt and changing inflation targets, Discussion Papers (2013) View citations (12) (2013)

2013

9. Does Intra-Firm Bargaining Matter for Business Cycle Dynamics?
   Economic Quarterly, 2013, (3Q), 229-250 View citations (11)
   See also Working Paper Does intra-firm bargaining matter for business cycle dynamics?, Discussion Paper Series 1: Economic Studies (2007) View citations (22) (2007)

2012

10. Transitions in the German labor market: Structure and crisis
    Journal of Monetary Economics, 2012, 59, (1), 64-79 View citations (179)
    See also Working Paper Transitions in the German labor market: Structure and crisis, Discussion Paper Series 1: Economic Studies (2011) View citations (12) (2011)
11. Trend growth expectations and U.S. house prices before and after the crisis
    Journal of Economic Behavior & Organization, 2012, 83, (3), 394-409 View citations (14)
    See also Working Paper Trend growth expectations and US house prices before and after the crisis, Discussion Papers (2012) View citations (17) (2012)

2010

12. Instability and indeterminacy in a simple search and matching model
    Economic Quarterly, 2010, 96, (3Q), 259-272 View citations (8)
    See also Working Paper Instability and indeterminacy in a simple search and matching model, Discussion Paper Series 1: Economic Studies (2010) View citations (16) (2010)
13. Some Macroeconomic and Monetary Policy Implications of New Micro Evidence on Wage Dynamics
    Journal of the European Economic Association, 2010, 8, (2-3), 506-513 View citations (13)

2008

14. Do search frictions matter for inflation dynamics?
    European Economic Review, 2008, 52, (8), 1464-1479 View citations (13)
    See also Working Paper Do Search Frictions Matter for Inflation Dynamics?, Kiel Working Papers (2007) View citations (4) (2007)
15. Inflation dynamics with search frictions: A structural econometric analysis
    Journal of Monetary Economics, 2008, 55, (5), 892-916 View citations (114)
    See also Working Paper INFLATION DYNAMICS WITH SEARCH FRCTIONS: A STRUCTURAL ECONOMETRIC ANALYSIS, CAMA Working Papers (2008) View citations (39) (2008)

2007

16. The (ir)relevance of real wage rigidity in the New Keynesian model with search frictions
    Journal of Monetary Economics, 2007, 54, (3), 706-727 View citations (424)
    See also Working Paper The (Ir)relevance of Real Wage Rigidity in the New Keynesian Model with Search Frictions, Discussion Paper (2003) View citations (1) (2003)

2006

17. The cyclical upgrading of labor and on-the-job search
    Labour Economics, 2006, 13, (4), 459-477 View citations (84)

Books

2017

1. Makroökonomische Folgen des gesetzlichen Mindestlohns aus neoklassisch geprägter Perspektive. Abschlussbericht an die Bundesanstalt für Arbeitsschutz und Arbeitsmedizin (BAuA)
   RWI Projektberichte, RWI - Leibniz-Institut für Wirtschaftsforschung