FernUni spezial

Curriculum Vitae

Michael Murach studied business administration and economics at the Universities of Duisburg-Essen and Paris II. Since April 2014, he has been working as a research and teaching assistant for the Department of Macroeconomics of the University of Hagen. His doctoral thesis is supervised by Professor Helmut Wagner.

Michael's research interests are applied time series analyses of the effects of structural change on growth in East Asia. Another field of his research is the evaluation of causal effects of monetary policy and liquidity on asset prices.

Teaching

• 42171 Problemfelder der Makroökonomik

Research Interests

• Growth and Structural Change in East Asia
• Monetary Macroeconomics
• Asset and Commodity Prices
• Income Distribution
• Applied Time Series Analysis

Academic Career

• Since April 2014 Research and Teaching Assistant for the Department of Macroeconomics of the University of Hagen.
• 2010 – 2013 Master of Science Degree in Economics, University of Duisburg-Essen and Université Paris II (Panthéon-Assas).
• 2005 – 2010 Diplom-Kaufmann (German equivalent of the Master’s degree in Business Administration), University of Duisburg-Essen.

Publications

• “Global Determinants of the Gold Price: A Multivariate Cointegration Analysis”, in: Scottish Journal of Political Economy, vol. 66 (1), February 2019, pp. 198-214.
• “How severe will the growth slowdown in China caused by the structural change be? An evaluation based on experiences from Japan and South Korea“ (co-author: Helmut Wagner), in: Journal of Chinese Economic and Business Studies, vol. 15 (3), July 2017, pp. 269-287.

Working Papers

• “Avoiding the middle-income trap: Korean lessons for China?” (Co-author: H. Wagner together with Donghyun Park and Jungsuk Kim), Working Paper, October 2018, also published as CEAMeS Discussion Paper No. 14/2016.
• “The effects of external shocks on the business cycle in China: A structural change perspective” (Co-author: H. Wagner) SSRN Paper No. 2741579, March 2016, accepted for publication, an earlier version was also published as CEAMeS Discussion Paper No. 1/2016.

Presentations

2019:

• 3^rd CEAMeS Workshop on “Macroeconomic Development and Trade in East Asia”, FernUniversität in Hagen, Hagen, Germany, 9^th – 11^th of May 2019.

2018:

• 2^nd CEAMeS Workshop on "East Asia Macroeconomic Studies", Xiamen, China, 9^th -11^th of May 2018.
• 28^th Conference of the International Trade and Finance Association (IT&FA), Beijing, China, 23^rd-26^th of May 2018.
• 2018 China Meeting of the Econometric Society (CMES), Shanghai, China, 15th-17^th of June 2018.
• 4th HenU / INFER Workshop on Applied Macroeconomics, Kaifeng, China, 23^rd- 24^th of June 2018.

2017:

• European Economics and Finance Society (EEFS) Workshop on “Financial Econometrics and Empirical Modeling of Financial Markets” Ruhr University of Bochum, Bochum, Germany, 20^th – 21^st of April 2017.
• 1^st CEAMeS Workshop on “Macroeconomic Development and Trade in East Asia”. FernUniversität in Hagen, Hagen, Germany, 11^th – 13^th of May 2017.
• 19^th Annual Conference of the International Network for Economic Research (INFER), Bordeaux, France, 7^th – 9^th of June 2017.

2016:

• 18^th Göttinger Workshop "Internationale Wirtschaftsbeziehungen", Georg-August-Universität, Göttingen, Germany, 24^th – 26^th of February 2016.
• 18^th Annual Conference of the International Network for Economic Research (INFER), Reus, Spain, 8^th – 10^th of June 2016.
• 14^th Annual INFINITI Conference on International Finance, Dublin, Ireland, 13^th – 14^th of June 2016.
• 15^th Annual Conference of the European Economics and Finance Society (EEFS), Amsterdam, Netherlands, 16^th – 19^th of June 2016.
• 27^th Chinese Economic Association (CEA) (UK) and 8^th CEA (Europe) Annual Conference, Duisburg, Germany, 1^th – 3^ed of September 2016.

2015:

• KLU Finance Meeting on Gold, Hamburg, Germany, 19^th – 20^th of March 2015.
• 14^th Annual Conference of the European Economics and Finance Society (EEFS), Brussels, Belgium, 11^th – 14^th of June 2015.

Referee Activity

International Review of Financial Analysis (2017), The World Economy (2018)

Germany, FernUniversität in Hagen, Chair of Macroeconomics, fon: +49 2331 987-2640