Michael Frenkel, Ph.D.

  • Faculty, Economics


Otto Beisheim School of Management

Selected Publications:

  • Frenkel, M., J.-C. Rülke and L. Zimmermann, Do Private Sector Forecasters Chase after IMF or OECD Forecasts?, forthcoming in: Journal of Macroeconomics.
  • Frenkel, M., J.-C. Rülke and L. Zimmermann,, Do Current Account Forecasters Herd? – Evidence from the Euro Area and the G7 Countries”, Review of International Economics, Vol. 20 (2012), pp. 221–236.
  • Fendel, R., M. Frenkel, and J.-C. Rülke, “Ex-ante Taylor Rules and Expectation Formingin Emerging Markets”, Journal of Comparative Economics, Vol. 39 (2011), pp. 230-244.
  • Frenkel, M., E. Lis, and J.-C. Rülke, Has the Economic Crisis of 2007-2009 Changed the Expectation Formation Process in the Euro Area?”, Economic Modelling, Vol. 28 (2011), pp. 1808-1814.
  • Frenkel, M. and R. Fendel, Inflation Differentials in the Euro Area: Did the ECB Care?”, Applied Economics, Vol. 41 (2009), pp. 1293-1302.
  • Frenkel, M., C. Pierdzioch and G. Stadtmann, Modeling the Intensity of Foreign
    Exchange Intervention Activity”, Economics Letters, Vol. 85 (2004), pp. 347-351.


Professional Experience:

  • Since October 2005 Dean of WHU – Otto Beisheim School of Management, Germany
  • Since August 1993 Professor of macroeconomics and international economics, WHU –
    Otto Beisheim School of Management, Germany
  • 1990 – 2013 Various visiting professorships:
    – Harvard University Summer School, Cambridge (Boston)
    – Emory University, Atlanta
    – Georgetown University, Washington D.C.
    – Ross School of Business, Michigan University, Ann Arbor
    – Tepper School of Business, Carnegie Mellon University,
    – Sasin Graduate Institute of Business Administration
  • 1988 – 1993 Assistant Professor, University of Mainz, Germany
  • 1985 – 1988 Economist, International Monetary Fund; Washington, D.C., USA


  • Habilitation (German post-doctoral degree), University of Mainz,
    Germany; topic of the habilitation thesis: “Exchange Rate
    Volatility: Empirical Evidence and Forward Rate Bias”
  • Doctoral Degree in Economics, with “summa cum laude”; topic of
    the dissertation: “Macroeconomics of Protectionism under Fixed
    and Flexible Exchange Rates”
  • Diploma Degree in Economics (Master equivalent), University of
    Mainz, Germany