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  1. Michael D. Bauer is a research economist at the Federal Reserve Bank of San Francisco, studying monetary policy, macroeconomics and financial markets. He is also a research fellow at CEPR, CESifo, and the IMFS, and a professor on leave from the University of Hamburg.

    • Research

      Michael D. Bauer, Glenn D. Rudebusch, Jing Cynthia Wu...

    • Other Publications

      Articles (not peer-reviewed) US benefit-cost analysis...

    • Teaching

      Advanced Macroeconomics, M.Sc. Course, Universität Hamburg I...

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  2. Michael Bauer is a senior research advisor in the Economic Research Department of the Federal Reserve Bank of San Francisco and research fellow at CEPR. He works on monetary economics, asset pricing, and climate finance.

  3. Michael D. Bauer is a senior research advisor at the Federal Reserve Bank of San Francisco and a professor of economics at the University of Hamburg. He specializes in monetary economics, macro-finance, and climate finance, and has published several papers in leading journals.

  4. Sep 29, 2021 · The thing that surprises Michael Bauer, three years after leaving his position as restaurant critic at the San Francisco Chronicle, is that people are still nice to him.

  5. The rising cost of climate change: evidence from the bond market. MD Bauer, GD Rudebusch. Review of Economics and Statistics 105 (5), 1255-1270. , 2023. 63. 2023. Risk appetite and the risk-taking channel of monetary policy. MD Bauer, BS Bernanke, E Milstein. Journal of Economic Perspectives 37 (1), 77-100.

  6. Sep 30, 2021 · Michael Bauer, who retired from the San Francisco Chronicle after 32 years as a restaurant critic, talks about his disguises, his successor, and his current dining habits. He says he went unrecognized most of the time, he would not have done reviews during the pandemic, and he enjoys dining for fun now.

  7. High-frequency changes in interest rates around FOMC announcements are an important tool for identifying the effects of monetary policy on asset prices and the macroeconomy.