- Since 2013 Professor (W3) of Macroeconomics at the Faculty of Management, Economics and Social Sciences, University of Cologne
- 2005 - 2013 Senior Research Economist at the Deutsche Bundesbank, Frankfurt
- 2005 – 2010 Visiting Scholar and/or Lecturer at Goethe University, Frankfurt (2010), Tel Aviv University, Israel (2009), Tokyo University, Japan (2008), Federal Reserve Bank of Kansas City, U.S.A. (2005), and Federal Reserve Bank of Richmond, U.S.A. (multiple years)
- 1999 - 2005 Assistant Professor of Economics, Tilburg University, Netherlands
- 2003 Visiting Assistant Professor, The Johns Hopkins University, Baltimore, U.S.A.
- 1994 - 1999 Ph.D. Programme in Economics, Yale University, New Haven, U.S.A.
- 1989 - 1994 Diplom in Economics (VWL) at Rheinische-Friedrich-Wilhelms Universität, Bonn
- 1992 - 1993 Graduate Studies in PhD Programme at University of California at Berkeley (Stipend by German Academic Exchange Service, DAAD)
- Before 1989 Bundeswehr, Berufsausbildung, Abitur
- Krause, Michael, David Lopez-Salido, and Thomas Lubik (2008), Inflation Dynamics with Search Frictions: A Structural Econometric Analysis, Journal of Monetary Economics 55, 892-916
- Krause, Michael and Harald Uhlig (2012), Transitions in the German Labor Market: Structure and Crisis, Journal of Monetary Economics 59, 64-79
- Hoffmann, Mathias, Michael Krause, and Thomas Laubach (2012), Trend Growth Expectations and U.S. House Prices before and after the Crisis, Journal of Economic Behavior and Organisation 83, 394-409
- Krause, Michael and Thomas 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, Michael, David Lopez-Salido, and Thomas Lubik (2008), Do Search Frictions Matter for Inflation Dynamics?, European Economic Review 53
- Krause, Michael and Thomas Lubik (2006), The Cyclical Upgrading of Labor and On-the-Job Search, Labour Economics 13, 459-77