Thomas Krause

Research Economist
Fields of interest: Banking, Real Estate Finance, Political Economy of Finance

Professional Experience

Research Economist, Danmarks Nationalbank, 2021 –
Postdoctoral Researcher, Halle Institute for Economic Research, 2018 – 2021


Dr. rer. pol., Economics, University of Magdeburg, 2018
M.Sc., Economics, Leipzig University, 2013
B.Sc., Economics and Management Science, Leipzig University, 2010


'Drivers of Systemic Risk: Do National and European Perspectives Differ?' with Claudia M. Buch and Lena Tonzer, Journal of International Money and Finance, Vol. 91, pp. 160-176 (2019)

'Delay determinants of European Banking Union implementation,' with Michael Koetter and Lena Tonzer, European Journal of Political Economy, Vol. 58, pp. 1-20 (2019)

'The Role of Complexity for Bank Risk during the Financial Crisis: Evidence from a Novel Dataset,' with Talina Sondershaus and Lena Tonzer, Economics Letters, Vol 150, pp. 118-121 (2017)

Working Papers

'Completing the European Banking Union: Capital Cost Consequences for Credit Providers and Corporate Borrowers' (with Michael Koetter, Eleonora Sfrappini and Lena Tonzer), 2021.

'Lender-specific mortgage supply shocks and macroeconomic performance in the United States' (with Franziska Bremus and Felix Noth), 2021

'Minority Political Representation, Regulatory Credit Access, and Mortgage Lending', 2020.

'Income Tax Changes and Household Indebtedness along the Income Distribution' (with Mathias Klein), 2021.

'Do Women Political Leaders Enhance Government Financial Conditions? Evidence from U.S. Cities', (with Iftekhar Hasan and Yaxuan Qi), 2021.

Work in Progress

The Effects of Land-value Taxes