Details about Kai Christoffel

Access statistics for papers by Kai Christoffel.

Last updated 2021-10-28. Update your information in the RePEc Author Service.

Short-id: pch402

Working Papers

2021

1. Monetary-fiscal policy interactions in the euro area
   Occasional Paper Series, European Central Bank View citations (2)
2. Review of macroeconomic modelling in the Eurosystem: current practices and scope for improvement
   Occasional Paper Series, European Central Bank View citations (1)

2020

3. Disciplining expectations and the forward guidance puzzle
   Working Paper Series, European Central Bank View citations (3)
4. Using forecast-augmented VAR evidence to dampen the forward guidance puzzle
   Working Paper Series, European Central Bank View citations (6)

2019

5. Introducing ECB-BASE: The blueprint of the new ECB semi-structural model for the euro area
   Working Paper Series, European Central Bank View citations (25)

2015

6. Interest rates, money, and banks in an estimated euro area model
   Working Paper Series, European Central Bank View citations (7)

2014

7. Marginalized predictive likelihood comparisons of linear Gaussian state-space models with applications to DSGE, DSGEVAR, and VAR models
   CFS Working Paper Series, Center for Financial Studies (CFS) View citations (2)
   See also Journal Article in Journal of Applied Econometrics (2017)

2013

8. Predictive likelihood comparisons with DSGE and DSGE-VAR models
   Working Paper Series, European Central Bank View citations (21)

2011

9. Government bond risk premia and the cyclicality of fiscal policy
   Working Paper Series, European Central Bank View citations (14)

2010

10. Forecasting with DSGE models
    Working Paper Series, European Central Bank View citations (118)

2009

11. Inflation dynamics with labour market matching: assessing alternative specifcations
    BCL working papers, Central Bank of Luxembourg View citations (17)
    Also in Bank of England working papers, Bank of England (2009) View citations (29)
    Working Papers, Federal Reserve Bank of Philadelphia (2009) View citations (34)
    Working Paper Research, National Bank of Belgium (2009) View citations (22)
    Working Paper Series, European Central Bank (2009) View citations (29)
12. The role of labor markets for Euro area monetary policy
    Working Papers, Federal Reserve Bank of Philadelphia View citations (174)
    Also in Kiel Working Papers, Kiel Institute for the World Economy (IfW Kiel) (2009) View citations (207)
    Working Paper Series, European Central Bank (2009) View citations (216)
    See also Journal Article in European Economic Review (2009)
13. Wage, inflation and employment dynamics with labour market matching
    Working Papers, Banco de España View citations (7)

2008

14. Resuscitating the wage channel in models with unemployment fluctuations
    Working Paper Series, European Central Bank View citations (95)
    See also Journal Article in Journal of Monetary Economics (2008)
15. The elasticity of the unemployment rate with respect to benefits
    Working Papers, Federal Reserve Bank of Philadelphia
    See also Journal Article in Economics Letters (2009)
16. The new area-wide model of the euro area: a micro-founded open-economy model for forecasting and policy analysis
    Working Paper Series, European Central Bank View citations (596)

2007

17. Conditional versus unconditional forecasting with the New Area-Wide Model of the euro area
    MPRA Paper, University Library of Munich, Germany View citations (31)

2006

18. Identifying the Role of Labor Markets for Monetary Policy in an Estimated DSGE Model
    2006 Meeting Papers, Society for Economic Dynamics View citations (53)
    Also in CFS Working Paper Series, Center for Financial Studies (CFS) (2006) View citations (52)
    Working Paper Series, European Central Bank (2006) View citations (61)
    Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank (2006) View citations (55)
    Computing in Economics and Finance 2006, Society for Computational Economics (2006) View citations (47)
19. The role of real wage rigidity and labor market frictions for unemployment and inflation dynamics
    Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank View citations (26)
    Also in IZA Discussion Papers, Institute of Labor Economics (IZA) (2005) View citations (137)
    Working Paper Series, European Central Bank (2005) View citations (126)

2005

20. Cross Equation Effects of Misspecification: A partial estimation approach to DSGE Models
    Computing in Economics and Finance 2005, Society for Computational Economics
21. The Impact of Labor Markets on the Transmission of Monetary Policy in an Estimated DSGE Model
    IZA Discussion Papers, Institute of Labor Economics (IZA) View citations (10)

Journal Articles

2017

1. Marginalized Predictive Likelihood Comparisons of Linear Gaussian State‐Space Models with Applications to DSGE, DSGE‐VAR, and VAR Models
   Journal of Applied Econometrics, 2017, 32, (1), 103-119 View citations (20)
   See also Working Paper (2014)

2011

2. What can the diamond-mortensen-pissarides model tell us about the conduct of monetary policy in the euro area?
   Research Bulletin, 2011, 12, 7-11

2010

3. DSGE models and their use at the ECB
   SERIEs: Journal of the Spanish Economic Association, 2010, 1, (1), 51-65 View citations (42)
4. The Role of Real Wage Rigidity and Labor Market Frictions for Inflation Persistence
   Journal of Money, Credit and Banking, 2010, 42, (7), 1435-1446 View citations (49)
   Also in Journal of Money, Credit and Banking, 2010, 42, (7), 1435-1446 (2010) View citations (12)

2009

5. The elasticity of the unemployment rate with respect to benefits
   Economics Letters, 2009, 102, (2), 102-105 View citations (7)
   See also Working Paper (2008)
6. The role of labor markets for euro area monetary policy
   European Economic Review, 2009, 53, (8), 908-936 View citations (201)
   See also Working Paper (2009)

2008

7. Resuscitating the wage channel in models with unemployment fluctuations
   Journal of Monetary Economics, 2008, 55, (5), 865-887 View citations (98)
   See also Working Paper (2008)

2007

8. Identifying the influences of nominal and real rigidities in aggregate price-setting behavior
   Journal of Monetary Economics, 2007, 54, (8), 2439-2466 View citations (97)

2006

9. The Consumption-Tightness Puzzle [with Comments]
   NBER International Seminar on Macroeconomics, 2006, 2006, (1), 9 - 63

2005

10. The impact of higher wages on output and inflation
    Research Bulletin, 2005, 3, 8-9