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Bio:
As of February 2023 Michael Lamla holds the Chair for Macroeconomics at the faculty of Economics, University of Duisburg-Essen.
He received his BSc. and MSc. degree in economics (Dipl. Volkswirt) at the University of Bonn, Germany and obtained his PhD at the University of Zürich in 2007. Until 2013 he worked at the KOF Swiss Economic Institute at the ETH Zurich before he became Full Professor at the university of Essex, UK. In 2019 he was appointed as Professor of Empirical Macroeconomics at Leuphana University Lüneburg. He is Research Professor at ETH Zürich, Fellow of the CEPR Research Network for Central Bank Communication, Fellow at the CESifo, Co-Editor of the Review of International Economics. His research focuses on the expectation formation processes of markets, firms and consumers.
In his research he was able to show that consumers tend to misinterpret macroeconomic numbers, perceive news only in a biased fashion and do not react optimally to central bank announcements. This results imply that economic agents may not make optimal decisions, which has implications for them, but also for the economy in general.
His research papers have been published in prestigious international journals such as the Journal of Monetary Economics, Journal of International Economics, International Economics Review, European Economic Review, and the Journal of Money, Credit and Banking.