Cristina D. Checherita-Westphal

European Central Bank (ECB)

Sonnemannstrasse 22

Frankfurt am Main, 60314

Germany

  • European Central Bank (ECB)

SCHOLARLY PAPERS

21

DOWNLOADS
Rank 10,179

SSRN RANKINGS

Top 10,179

in Total Papers Downloads

8,171

SSRN CITATIONS
Rank 5,674

SSRN RANKINGS

Top 5,674

in Total Papers Citations

143

CROSSREF CITATIONS

151

Scholarly Papers (21)

Actions:
Email selected abstracts
1.

What Explains the Surge in Euro Area Sovereign Spreads During the Financial Crisis of 2007-09?

ECB Working Paper No. 1131
Number of pages: 49 Posted: 27 Dec 2009
Maria Grazia Attinasi, Cristina D. Checherita-Westphal and Christiane Nickel
European Central Bank (ECB), European Central Bank (ECB) and European Central Bank (ECB)
Downloads 2,921 (7,759)
Citation 4

Abstract:

Loading...

Fiscal Policy, Sovereign Spreads, Fiscal Announcements

2.

The Impact of High and Growing Government Debt on Economic Growth: An Empirical Investigation for the Euro Area

ECB Working Paper No. 1237
Number of pages: 42 Posted: 25 Aug 2010
Cristina D. Checherita-Westphal and Philipp Rother
European Central Bank (ECB) and European Central Bank (ECB)
Downloads 2,177 (12,335)
Citation 50

Abstract:

Loading...

Public debt, economic growth, fiscal policy, sovereign long-term interest rates

3.

Debt Sustainability Analysis for Euro Area Sovereigns: A Methodological Framework

ECB Occasional Paper No. 185
Number of pages: 44 Posted: 11 Apr 2017
Othman Bouabdallah, Cristina D. Checherita-Westphal, Thomas Warmedinger, Roberta De Stefani, Francesco Drudi, Ralph Setzer and Andreas Westphal
Banque de France, European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB) and European Central Bank (ECB)
Downloads 528 (92,129)
Citation 4

Abstract:

Loading...

sovereign debt sustainability analysis, fiscal policy, public debt, euro area, fiscal risks

4.

Economic Consequences of High Public Debt: Evidence from Three Large Scale DSGE Models

Downloads 383 (134,548)
Citation 33

Economic Consequences of High Public Debt: Evidence from Three Large Scale DSGE Models

Banco de Espana Working Paper No. 2029
Number of pages: 34 Posted: 18 Aug 2020
Pablo Burriel, Cristina D. Checherita-Westphal, Pascal Jacquinot, Matthias Schonlau and Nikolai Stahler
Banco de España, European Central Bank (ECB), European Central Bank (ECB), University of Waterloo and Deutsche Bundesbank - Economics Department
Downloads 329 (157,687)
Citation 25

Abstract:

Loading...

government debt, interest rates, economic growth, fiscal sustainability

Economic Consequences of High Public Debt: Evidence from Three Large Scale DSGE Models

ECB Working Paper No. 20202450
Number of pages: 31 Posted: 24 Jul 2020
Pablo Burriel, Cristina D. Checherita-Westphal, Pascal Jacquinot, Matthias Schonlau and Nikolai Stähler
Banco de España, European Central Bank (ECB), European Central Bank (ECB), University of Waterloo and Deutsche Bundesbank
Downloads 54 (649,382)
Citation 6

Abstract:

Loading...

economic growth, fiscal sustainability, government debt, interest rates

5.

Monetary-Fiscal Policy Interactions in the Euro Area

ECB Occasional Paper No. 2021/273
Number of pages: 130 Posted: 23 Sep 2021 Last Revised: 04 Feb 2022
Xavier Debrun, Klaus Masuch, Isabel Vansteenkiste, M. Ferdinandusse, Leopold von Thadden, Sebastian Hauptmeier, Mario Alloza, Krzysztof Bańkowski, João Domingues Semeano, Jens Eisenschmidt, Tilman Bletzinger, Othman Bouabdallah, Gabriele Galati, Pablo Burriel, Sándor Gardó, Cristina D. Checherita-Westphal, Felix Hammermann, Felix Hammermann, Felix Hammermann, Stephan Krikor Haroutunian, Jacopo Cimadomo, Benjamin Hartung, Pascal Jacquinot, Christophe Kamps, Steven Poelhekke, Ivan Kataryniuk, Bartosz Maćkowiak, Joost Röttger, Falk Mazelis, Stephan Sauer, Katja Schmidt, Carlos Montes-Galdón, Sebastian Schmidt, Philip Muggenthaler, Carolin Nerlich, Ralph Setzer, Galo Nuño, Vilém Valenta, Anamaria Piloiu, Guido Wolswijk, Massimiliano Pisani, Chloé Derouen, Thomas Faria, Jean Barthélemy, Dennis Bonam, Giuseppe Ferrero, José Garcia, José Cardoso da, Kai Christoffe, Tommy Kostka, Sebastiaan Pool, Julia Körding, Marzia Romanelli, Kamila Slawinska, Marco Marrazzo, Talga Ozden, Agnieszka Trzcinska, Alari Paulus and Alexandru Penciu
International Monetary Fund (IMF) - Research Department, European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB) - Directorate General Economics, Banco de España, European Central Bank (ECB), European Central Bank (ECB), Morgan Stanley, European Central Bank (ECB), European Central Bank (ECB), De Nederlandsche Bank, Banco de España, European Central Bank (ECB), European Central Bank (ECB), Deutsche BundesbankEuropean Central Bank (ECB)University of Kiel, European Central Bank (ECB), European Central Bank, University of Bonn, European Central Bank (ECB), European Central Bank (ECB), University of Auckland, Banco de España, European Central Bank (ECB), Deutsche Bundesbank, European Central Bank (ECB), European Central Bank (ECB), Banque de France, European Central Bank, European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB) - Directorate General Economics, European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), Goethe University Frankfurt, European Central Bank (ECB), Bank of Italy, European Central Bank (ECB), European Central Bank (ECB), Banque de France, De Nederlandsche Bank, Bank of Italy, New University of Lisbon - Nova School of Business and Economics, Bank of Portugal, European Central Bank (ECB), European Central Bank (ECB), De Nederlandsche Bank - Research Department, European Central Bank (ECB), Bank of Italy, European Central Bank (ECB), European Central Bank (ECB), De Nederlandsche Bank, European Central Bank (ECB), University of Essex - Institute for Social and Economic Research (ISER) and European Central Bank (ECB)
Downloads 344 (151,362)
Citation 1

Abstract:

Loading...

Fiscal Policy, Monetary Policy, Monetary Union

6.

Boundedly- and Non-Rational Travel Behavior and Transportation Policy

Number of pages: 28 Posted: 29 Oct 2009
Jonathan L. Gifford and Cristina D. Checherita-Westphal
George Mason University School of Public Policy and European Central Bank (ECB)
Downloads 239 (219,956)
Citation 1

Abstract:

Loading...

7.

Debt and Growth: New Evidence for the Euro Area

ECB Working Paper No. 1450
Number of pages: 22 Posted: 27 Jul 2012
Anja Baum, Cristina D. Checherita-Westphal and Philipp Rother
University of Cambridge - Faculty of Economics and Politics, European Central Bank (ECB) and European Central Bank (ECB)
Downloads 217 (241,180)
Citation 15

Abstract:

Loading...

Public debt, economic growth, fiscal policy, threshold analysis

8.

Fiscal Multipliers and Beyond

ECB Occasional Paper 162
Number of pages: 33 Posted: 25 Sep 2015
Thomas Warmedinger, Cristina D. Checherita-Westphal and Pablo Hernández de Cos
European Central Bank (ECB), European Central Bank (ECB) and Banco de España
Downloads 198 (262,301)
Citation 9

Abstract:

Loading...

fiscal policies, government debt, sustainability, macroeconomic aspects of public finance

9.

The Role of Fiscal Transfers for Regional Economic Convergence in Europe

ECB Working Paper No. 1029
Number of pages: 43 Posted: 12 Mar 2009
Cristina D. Checherita-Westphal, Christiane Nickel and Philipp Rother
European Central Bank (ECB), European Central Bank (ECB) and European Central Bank (ECB)
Downloads 170 (300,027)
Citation 1

Abstract:

Loading...

Fiscal policy, convergence, regional economic growth, regional migration

10.

Fiscal Sustainability using Growth-Maximising Debt Targets

ECB Working Paper No. 1472
Number of pages: 30 Posted: 24 Sep 2012
Cristina D. Checherita-Westphal, Andrew J. Hughes Hallett and Philipp Rother
European Central Bank (ECB), George Mason University - School of Policy, Government, and International Affairs and European Central Bank (ECB)
Downloads 152 (329,775)
Citation 2

Abstract:

Loading...

public debt, public capital, economic growth

11.

Personal Income Tax Progressivity and Output Volatility: Evidence from OECD Countries

ECB Working Paper No. 1380
Number of pages: 31 Posted: 13 Sep 2011
Maria Grazia Attinasi, Cristina D. Checherita-Westphal and Malte Rieth
European Central Bank (ECB), European Central Bank (ECB) and German Institute for Economic Research (DIW Berlin)
Downloads 145 (342,582)
Citation 1

Abstract:

Loading...

Progressivity, personal income taxes, output volatility, automatic stabilisers

12.

Euro Area Fiscal Stance

ECB Occasional Paper No. 182
Number of pages: 58 Posted: 03 Feb 2017
Krzysztof Bańkowski, M. Ferdinandusse, Maria Grazia Attinasi, Cristina D. Checherita-Westphal, Georgios Palaiodimos and Maria Campos
European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), Bank of Greece and Bank of Portugal
Downloads 116 (405,784)
Citation 4

Abstract:

Loading...

fiscal stance, output gap, debt sustainability, output stabilisation

13.

Household Saving and Fiscal Policy: Evidence for the Euro Area from a Thick Modelling Perspective

ECB Working Paper No. 2021/2633
Number of pages: 32 Posted: 23 Dec 2021
Cristina D. Checherita-Westphal and Marcel Stechert
European Central Bank (ECB) and European Stability Mechanism
Downloads 83 (507,703)

Abstract:

Loading...

deficit and debt, fiscal policy, household saving, national budget

14.

Euro Area Inflation Differentials: The Role of Fiscal Policies Revisited

ECB Working Paper No. 2023/2774
Number of pages: 35 Posted: 08 Feb 2023
Cristina D. Checherita-Westphal, Nadine Leiner-Killinger and Teresa Schildmann
European Central Bank (ECB), European Central Bank (ECB) and Goethe University Frankfurt
Downloads 79 (522,830)

Abstract:

Loading...

fiscal policy, inflation differentials, public wages, tax policy

15.

The Effects of High Inflation on Public Finances in the Euro Area

ECB Occasional Paper No. 2023/332
Number of pages: 64 Posted: 01 Nov 2023
Krzysztof Bańkowski, Cristina D. Checherita-Westphal, Julia Jesionek, Philip Muggenthaler, Clémence Briodeau, Ruben Schoonackers, Jan Kuckuck, Katri Urke, Ronan Hickey, Dimitrios Papaoikonomou, Jorge Martínez-Pagés, Katja Schmidt, Francesco Caprioli, Aris Avgousti, Baiba Brusbārde, Viktorija Strazdaite, Olivier Delobbe, Kurt Sant, Jip Italianer and Doris Prammer
European Central Bank (ECB), European Central Bank (ECB), Ghent University - Department of General Economics, European Central Bank (ECB), European Central Bank (ECB), Nationale Bank van België, Deutsche Bundesbank, Bank of Estonia, Central Bank of Ireland, Bank of Greece, Banco de España, Banque de France, Bank of Italy, Central Bank of Cyprus, Latvijas Banka, Bank of Lithuania, Banque Centrale du Luxembourg, Central Bank of Malta, De Nederlandsche Bank and Austrian National Bank
Downloads 78 (530,752)

Abstract:

Loading...

euro area, fiscal policy, inflation, macroeconomic simulations

16.

Fiscal Transfers and Economic Convergence

ECB Occasional Paper No. 2020252
Number of pages: 52 Posted: 04 Dec 2020
João Capella-Ramos, Cristina D. Checherita-Westphal and Nadine Leiner-Killinger
affiliation not provided to SSRN, European Central Bank (ECB) and European Central Bank (ECB)
Downloads 78 (530,752)
Citation 3

Abstract:

Loading...

17.

Interest Rate-Growth Differentials on Government Debt: An Empirical Investigation for the Euro Area

ECB Working Paper No. 20202486
Number of pages: 49 Posted: 05 Nov 2020
Cristina D. Checherita-Westphal and João Domingues Semeano
European Central Bank (ECB) and affiliation not provided to SSRN
Downloads 78 (526,822)

Abstract:

Loading...

fiscal sustainability, government debt, income catch-up, interest-rate-growth differential, interest rates

18.

Public Wage and Pension Indexation in the Euro Area: An Overview

ECB Occasional Paper No. 2022/299
Number of pages: 46 Posted: 04 Aug 2022
Cristina D. Checherita-Westphal, João Domingues Semeano, Elena Ahonen, Pierrick Stinglhamber, Stefan Van Parys, Johannes Clemens, Katri Urke, Orsolya Soosaar, Maria Vergou, Maria Flevotomou, David Staunton, Jorge Martínez-Pagés, Aris Avgousti, Gintare Zelionkaite, Olivier Delobbe, Florian Henne, Baiba Brusbārde, John Farrugia, Juergen Attard, Fabrizio Renzi, Marco Savegnago, Doris Prammer, Lukas Reiss, Gerard Eijsink, Jip Italianer, Maria Manuel Campos, Andreja Strojan Kastelec, Barbora Palášthyová, Vratislav Pisca and Jarkko Kivistö
European Central Bank (ECB), Independent, Independent, Nationale Bank van België, Nationale Bank van België, Deutsche Bundesbank, Bank of Estonia, Bank of Estonia, Bank of Greece, Bank of Greece, Central Bank of Ireland, Banco de España, Central Bank of Cyprus, Bank of Lithuania, Banque Centrale du Luxembourg, Banque Centrale du Luxembourg, Latvijas Banka, Central Bank of Malta, Central Bank of Malta, Bank of Italy, Bank of Italy, Austrian National Bank, Oesterreichische Nationalbank (OeNB), De Nederlandsche Bank, De Nederlandsche Bank, Bank of Portugal, Banka Slovenije, Národná banka Slovenska, Národná banka Slovenska and Bank of Finland
Downloads 70 (559,722)

Abstract:

Loading...

and Labor Costs, Compensation, Fiscal policy, Inflation, Social Security and Public Pensions, Wages

19.

Governments’ Payment Discipline: The Macroeconomic Impact of Public Payment Delays and Arrears

IMF Working Paper No. 15/13
Number of pages: 33 Posted: 23 Feb 2015
Cristina D. Checherita-Westphal, Alexander Klemm and Paul Viefers
European Central Bank (ECB), International Monetary Fund (IMF) and A.T. Kearney GmbH
Downloads 59 (615,994)
Citation 3

Abstract:

Loading...

Payments arrears, Government expenditures, European Union, Private sector, Liquidity, Regression analysis, Public payment delays, government arrears, government spending, accounts payable, credit, debt, liabilities, trade credit, credits, deficit, default, payment terms, bankruptcy, trade credits, unpaid bills, public debt, financing, likelihood of bankruptcy, payment discipline, bankruptcies, accounting framework, settlements, debt crisis, loan, salaries, financial transaction, sovereign debt, investment, bankruptcy rate, creditors, access to credit, dependent, restructuring, commercial law, receivables, annual payment, interest rate, wages, debtor, late payment, government debt, commercial

20.

Governments' Payment Discipline: The Macroeconomic Impact of Public Payment Delays and Arrears

ECB Working Paper No. 1771
Number of pages: 37 Posted: 28 Mar 2015
Cristina D. Checherita-Westphal, Alexander Klemm and Paul Viefers
European Central Bank (ECB), International Monetary Fund (IMF) and A.T. Kearney GmbH
Downloads 55 (631,579)

Abstract:

Loading...

public payment delays, government arrears, accounts payable, government spending

21.

Inflation and Fiscal Policy: Is There a Threshold Effect in the Fiscal Reaction Function?

ECB Working Paper No. 2023/2880
Number of pages: 25 Posted: 06 Dec 2023
Clémence Briodeau and Cristina D. Checherita-Westphal
ENSAE Paris and European Central Bank (ECB)
Downloads 1

Abstract:

Loading...

euro area, fiscal reaction function, inflation, panel models