PD Dr. Michael Gail
Privatdozent Dr. Michael Gail
Managing Director of the Dean's Office
University of Siegen - School III
School of Economic Disciplines, Business Information Systems and Business Law
Economics, Money and Business Cycles
Unteres Schloß 3
D-57072 Siegen/Germany
Room US-A 012
Phone: +49 271 740 3217
Fax: +49 271 740 13217
E-mail: michael.gail(at)uni-siegen.de
© Fakultät III
Academic education:
- Privatdozent, University of Siegen, 2004
- Dr. rer. pol., University of Siegen, 1998
- Diploma in economics, University of Siegen, 1992
Academic career:
- since 01.01.2011 Managing Director of the Dean's Office of Schools III, University of Siegen
- Managing Director of the Dean's Office of Faculty 5, University of Siegen, 2010
- Consultant in the Dean's Office of Faculty 5 under the Dean Univ.-Prof. Dr. Carsten Hefeker, University of Siegen, 2008-2010
- Deputy Professor of Macroeconomics, University of Duisburg-Essen, Campus Essen, winter semester 2006/2007
- Deputy Professor of Macroeconomics, University of Duisburg-Essen, Campus Essen, summer semester 2006
- Deputy Professor of Macroeconomics, Johann Wolfgang Goethe University Frankfurt am Main, winter semester 2005/2006
- Senior assistant to Univ.-Prof. Dr. Hans-E. Loef, University of Siegen, 2004-2010
- Research assistant to Univ.-Prof. Dr. Hans-E. Loef, University of Siegen, 1998-2004
- Research assistant to Univ.-Prof. Dr. Hans-E. Loef, University of Siegen, 1992-1998
Research interests
Here you will find information about my research interests and an overview of my publications.
Main research interests:
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Monetary theory and policy
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Business cycle theory and stabilization policy
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Dynamic stochastic equilibrium models
Publications:
Publications in internet archives:
Articles in peer-reviewed journals and conference proceedings:
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Does Money Demand Matter for Business Cycle Persistence? Journal of Quantitative Economics 5, 2007, pp. 66-82.
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Habit Persistence in Consumption in a Sticky Price Model of the Business Cycle, in: Dreger, Christian and Heinz P. Galler (eds.), 2005, Advances in Macroeconometric Modeling, Papers and Proceedings of the 4th IWH Workshop in Macroeconometrics, Nomos Verlagsgesellschaft. Baden-Baden. pp. 9-44.
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Optimal Monetary Policy in an Optimizing Stochastic Dynamic Model with Sticky Prices, in: Hairault, Jean-Olivier and Hubert Kempf (eds.), 2002, Market Imperfections and Macroeconomic Dynamics. Kluwer Academic Publishers. Boston. Dordrecht. London. pp. 131-160.
Working Papers:
- Sticky Wages in a Stochastic DGE Model of the Business Cycle, Economics Discussion Papers, No. 114-04, University of Siegen, April 2004.
- Habit Persistence in Consumption in a Sticky Price Model of the Business Cycle, Volkswirtschaftliche Diskussionsbeiträge, No. 111-03, University of Siegen, July 2003. revised July 2004.
- Persistency and Money Demand Distortions in a Stochastic DGE Model with Sticky Prices and Capital, Volkswirtschaftliche Diskussionsbeiträge, No. 103-02, University of Siegen, February 2002. revised May 5th, 2003.
- Persistency and Money Demand Distortions in a Stochastic DGE Model with Sticky Prices, Volkswirtschaftliche Diskussionsbeiträge, No. 96-01, University of Siegen, June 2001. revised February 26th, 2004.
- Optimal Monetary Policy in an Optimizing Stochastic Dynamic Model with Sticky Prices, Volkswirtschaftliche Diskussionsbeiträge, No. 87-00, University of Siegen, June 2000. revised May 15th, 2001.
- Stylized Facts and International Business Cycles - The German Case, Volkswirtschaftliche Diskussionsbeiträge, No. 69-98, University of Siegen, August 1998. revised July 9th, 2000.
Monographs:
- Nominal and Real Rigidities in Monetary Stochastic Dynamic General Equilibrium Models of the Business Cycle, Habilitationsschrift, 2004.
- Stylized Facts and International Real Business Cycle Models, Dissertation. 1998.
Book reviews:
Book review on: Duwendag, Dieter and Jürgen Siebke (eds.), Europa vor dem Eintritt in die Wirtschafts- und Währungsunion (Schriften des Vereins für Socialpolitik Vol. 220), Duncker & Humblot, Berlin, 1993. in: Zeitschrift für Wirtschafts- und Sozialwissenschaften 114, 1994, pp. 318-320.