PENN STATE BEHREND
281 BURKE CENTER
ERIE PA 16563
Biography
Dr. Krause earned his Ph.D. from the University of Texas at San Antonio. Prior to his career in academia, he spent twenty years in the financial services industry as an investments professional, and held management positions at Zecco Trading, Vector Capital Markets, BNP Paribas, and Bank of America. Dr. Krause has previously taught MBA and undergraduate finance courses at the University of Texas at San Antonio, Pepperdine University, and St. Edward’s University. He is also the director of the Intrieri Family Student Managed Fund at the Black School of Business.
Teaching
Dr. Krause teaches portfolio analysis, advanced energy finance, derivatives, and fixed income securities.
Research Interests
Dr. Krause's research and teaching interests include investments, derivatives, risk management, as well as financial institutions and markets. His research appears in several leading finance journals such as the Journal of Derivatives, Applied Financial Economics, the Journal of Asset Management, and the Review of Quantitative Finance and Accounting.
Publications
Exchange Traded Funds, Size-Based Portfolios, and Market Efficiency, Review of Quantitative Finance and Accounting - February 8, 2024
Collaborators: Palani-Rajan Kadapakkam; Yiuman Tse
Smart Beta Strategies vs. Alpha Strategies - September, 2020
Student Managed Funds - A Panel Discussion, Managerial Finance - April, 2020
Collaborator: Hunter Holzhauer
Market Efficiency in Emerging Markets ETFs, International Journal of Finance, Economics and Trade - November 7, 2019
Financial Market Trading Simulations: Are they Effective?, Journal of Financial Education - July, 2019
Collaborator: Eric Robbins
Put-Call Parity in Equity Options Markets: Recent Evidence, Theoretical Economics Letters - June, 2019
Risk and Uncertainty in Style Rotation, Financial Services Review - January, 2019
Hedge Fund Returns and Uncertainty, North American Journal of Economics and Finance - January, 2019
Pricing of Futures Contracts - April 1, 2018
International Equity Index and Currency Futures: Commodity Currencies or Emerging vs. Developed Markets?, Emerging Markets Finance and Trade - January, 2018
Collaborator: Yiuman Tse
Financial Industry Designations: A Panel Discussion, Journal of Business and Economic Perspectives - October, 2017
Collaborator: Greg Filbeck
Hedge Funds and Systemic Risk - March 31, 2017
Collaborator: Wulf Kaal
Socially Responsible Investing In Hedge Funds, Journal of Asset Management - October 31, 2016
Collaborators: Greg Filbeck; Lauren Reis
Risk Management and Firm Value: Recent Theory and Evidence, International Journal of Accounting and Information Management - June 1, 2016
Collaborator: Yiuman Tse
Exchange Traded Funds, Liquidity, and Market Volatility, Applied Financial Economics - 2014
Collaborators: Sina Ehsani; Donald Lien
Implied Volatility Dynamics among Exchange Traded Funds and their Largest Component Stocks (Lead Article), Journal of Derivatives - 2014
Collaborator: Donald Lien
Volatility and Return Spillovers in Canadian and U.S. Industry ETFs., International Review of Economics and Finance - January, 2013
Collaborator: Yiuman Tse
Education
MS, Applied Statistics, The Pennsylvania State University
Ph D, Finance, The University of Texas at San Antonio
MBA, Finance, Georgetown University
AB, Government, Georgetown University