Kai Philipp Christoffel

European Central Bank (ECB)

Sonnemannstrasse 22

Frankfurt am Main, 60314

Germany

SCHOLARLY PAPERS

20

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2,406

SSRN CITATIONS
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Top 2,844

in Total Papers Citations

76

CROSSREF CITATIONS

400

Scholarly Papers (20)

The Role of Real Wage Rigidity and Labor Market Frictions for Unemployment and Inflation Dynamics

ECB Working Paper No. 556, IZA Discussion Paper No. 1896
Number of pages: 39 Posted: 05 Dec 2005
Kai Philipp Christoffel and Tobias Linzert
European Central Bank (ECB) and European Central Bank (ECB)
Downloads 675 (48,220)

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Monetary Policy, Matching Models, Labor Market Search, Inflation Persistence, Real Wage Rigidity

The Role of Real Wage Rigidity and Labor Market Frictions for Unemployment and Inflation Dynamics

Bundesbank Series 1 Discussion Paper No. 2006,11
Number of pages: 56 Posted: 08 Jun 2016
Kai Philipp Christoffel and Tobias Linzert
European Central Bank (ECB) and European Central Bank (ECB)
Downloads 17 (686,698)

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Monetary Policy, Matching Models, Labor Market Search, Inflation Persistence, Real Wage Rigidity

2.

The New Area-Wide Model of the Euro Area: A Micro-Founded Open-Economy Model for Forecasting and Policy Analysis

ECB Working Paper No. 944
Number of pages: 124 Posted: 19 Oct 2008
Kai Philipp Christoffel, Günter Coenen and Anders Warne
European Central Bank (ECB), European Central Bank (ECB) and European Central Bank (ECB)
Downloads 455 (80,115)
Citation 17

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DSGE modelling, open-economy macroeconomics, Bayesian inference, forecasting, policy analysis, euro area

3.

Forecasting with DSGE Models

ECB Working Paper No. 1185
Number of pages: 54 Posted: 06 May 2010
Kai Philipp Christoffel, Günter Coenen and Anders Warne
European Central Bank (ECB), European Central Bank (ECB) and European Central Bank (ECB)
Downloads 260 (148,501)
Citation 1

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Bayesian Inference, DSGE Models, Euro Area, Forecasting, Open-Economy Macroeconomics, Vector Autoregression

Identifying the Role of Labor Markets for Monetary Policy in an Estimated DSGE Model

ECB Working Paper No. 635, CFS Working Paper No. 2007/07
Number of pages: 63 Posted: 09 Jun 2006
Kai Philipp Christoffel, Keith Kuester and Tobias Linzert
European Central Bank (ECB), Federal Reserve Banks - Federal Reserve Bank of Philadelphia and European Central Bank (ECB)
Downloads 140 (259,296)
Citation 3

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Labor market, wage rigidity, bargaining, Bayesian estimation

Identifying the Role of Labor Markets for Monetary Policy in an Estimated DSGE Model

Bundesbank Series 1 Discussion Paper No. 2006,17
Number of pages: 76 Posted: 08 Jun 2016
Kai Philipp Christoffel, Keith Kuester and Tobias Linzert
European Central Bank (ECB), Federal Reserve Banks - Federal Reserve Bank of Philadelphia and European Central Bank (ECB)
Downloads 59 (451,158)
Citation 1

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Labor market, wage rigidity, bargaining, Bayesian estimation

5.

The Impact of Labor Markets on the Transmission of Monetary Policy in an Estimated DSGE Model

IZA Discussion Paper No. 1902
Number of pages: 60 Posted: 20 Jan 2006
Kai Philipp Christoffel, Keith Kuester and Tobias Linzert
European Central Bank (ECB), Federal Reserve Banks - Federal Reserve Bank of Philadelphia and European Central Bank (ECB)
Downloads 100 (329,176)

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labor market, wage rigidity, bargaining, Bayesian estimation

Inflation Dynamics with Labour Market Matching: Assessing Alternative Specifications

National Bank of Belgium Working Paper No. 164
Number of pages: 57 Posted: 29 Sep 2010
European Central Bank (ECB), Banco de España - Research Department, National Bank of BelgiumFacultés Universitaires Notre-Dame de la Paix (FUNDP) - Faculty of Economics, Management and Social Sciences, Federal Reserve Banks - Federal Reserve Bank of Philadelphia, European Central Bank (ECB), Bank of England and Banque Centrale du Luxembourg
Downloads 55 (466,696)
Citation 62

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Inflation Dynamics, Labour Market, Business Cycle, Real Rigidities

Inflation Dynamics with Labour Market Matching: Assessing Alternative Specifications

FRB of Philadelphia Working Paper No. 09-6, Bank of England Working Paper No. 375
Number of pages: 53 Posted: 25 Mar 2009
European Central Bank (ECB), Banco de España - Research Department, affiliation not provided to SSRN, Federal Reserve Banks - Federal Reserve Bank of Philadelphia, European Central Bank (ECB), Bank of England and Banque Centrale du Luxembourg
Downloads 38 (544,958)
Citation 60

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inflation dynamics, labour market, business cycle, real rigidities

Inflation Dynamics with Labour Market Matching: Assessing Alternative Specifications

ECB Working Paper No. 1053
Posted: 04 Mar 2010
European Central Bank (ECB), Banco de España - Research Department, National Bank of BelgiumFacultés Universitaires Notre-Dame de la Paix (FUNDP) - Faculty of Economics, Management and Social Sciences, Federal Reserve Banks - Federal Reserve Bank of Philadelphia, European Central Bank (ECB), Bank of England and Banque Centrale du Luxembourg

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Inflation Dynamics, Labour Market, Business Cycle, Real Rigidities

7.

Government Bond Risk Premia and the Cyclicality of Fiscal Policy

ECB Working Paper No. 1411
Number of pages: 59 Posted: 21 Dec 2011
Kai Philipp Christoffel, Ivan Jaccard and Juha Kilponen
European Central Bank (ECB), European Central Bank (ECB) - Directorate General Research and Bank of Finland - Research
Downloads 88 (356,896)

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DSGE models, fiscal policy, bond risk premium, monetary policy

8.

The Elasticity of the Unemployment Rate with Respect to Benefits

FRB of Philadelphia Working Paper No. 08-15
Number of pages: 11 Posted: 06 Sep 2008
Kai Philipp Christoffel and Keith Kuester
European Central Bank (ECB) and Federal Reserve Banks - Federal Reserve Bank of Philadelphia
Downloads 75 (392,239)
Citation 4

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Real business cycles, bargaining, structural reforms, unemployment insurance

The Role of Labor Markets for Euro Area Monetary Policy

ECB Working Paper No. 1035
Number of pages: 67 Posted: 25 Mar 2009
Kai Philipp Christoffel, Keith Kuester and Tobias Linzert
European Central Bank (ECB), Federal Reserve Banks - Federal Reserve Bank of Philadelphia and European Central Bank (ECB)
Downloads 36 (555,841)
Citation 2

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Labor Market, wage rigidity, bargaining, Bayesian estimation

The Role of Labor Markets for Euro Area Monetary Policy

FRB of Philadelphia Working Paper No. 09-01
Number of pages: 58 Posted: 05 Feb 2009
Kai Philipp Christoffel, Keith Kuester and Tobias Linzert
European Central Bank (ECB), Federal Reserve Banks - Federal Reserve Bank of Philadelphia and European Central Bank (ECB)
Downloads 24 (632,697)
Citation 18

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Labor Market, wage rigidity, bargaining, Bayesian estimation

10.

Marginalized Predictive Likelihood Comparisons of Linear Gaussian State-Space Models with Applications to DSGE, DSGE-VAR, and VAR Models

CFS Working Paper, No. 478
Number of pages: 27 Posted: 10 Oct 2014
Anders Warne, Günter Coenen and Kai Philipp Christoffel
European Central Bank (ECB), European Central Bank (ECB) and European Central Bank (ECB)
Downloads 59 (444,646)
Citation 11

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Bayesian inference, density forecasting, Kalman filter, missing data, Monte Carlo integration, predictive likelihood

11.

Predictive Likelihood Comparisons with DSGE and DSGE-VAR Models

ECB Working Paper No. 1536
Number of pages: 59 Posted: 11 May 2013
Anders Warne, Günter Coenen and Kai Philipp Christoffel
European Central Bank (ECB), European Central Bank (ECB) and European Central Bank (ECB)
Downloads 58 (448,273)
Citation 1

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Bayesian inference, forecasting, Kalman filter, missing data, Monte Carlo integration

12.

Wage, Inflation and Employment Dynamics with Labour Market Matching

Banco de Espana Working Paper No. 0918
Number of pages: 47 Posted: 26 Aug 2009
European Central Bank (ECB), Banco de España - Research Department, National Bank of BelgiumFacultés Universitaires Notre-Dame de la Paix (FUNDP) - Faculty of Economics, Management and Social Sciences, Federal Reserve Banks - Federal Reserve Bank of Philadelphia, European Central Bank (ECB), Bank of England and Banque Centrale du Luxembourg
Downloads 54 (463,149)
Citation 40

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inflation dynamics, labour market, business cycle, real rigidities

13.

Introducing ECB-Base: The Blueprint of the New ECB Semi-Structural Model for the Euro Area

ECB Working Paper No. 2315
Number of pages: 123 Posted: 16 Sep 2019
European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB) and European Central Bank (ECB) - Directorate General Research
Downloads 47 (491,701)
Citation 5

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euro area, forecasting, monetary policy, Semi-structural model, simulations

14.

Review of Macroeconomic Modelling in the Eurosystem: Current Practices and Scope for Improvement

ECB Occasional Paper No. 2021267
Number of pages: 193 Posted: 23 Sep 2021 Last Revised: 06 Oct 2021
European Central Bank (ECB), Bank of Italy, Bank of Finland - Research, Central Bank of Cyprus, European Central Bank (ECB) - Directorate General Research, Banque de France, National Bank of Belgium, Banque de France, European Central Bank (ECB), European Central Bank (ECB), De Nederlandsche Bank - Monetary and Economic Policy Department, European Central Bank (ECB), European Central Bank (ECB), Banque de France, European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB), European Central Bank, European Central BankECB, Bank of Italy, Bank of Italy, Bank of Finland, Bank of Slovenia, De Nederlandsche Bank - Research Department, National Bank of Belgium, European Central Bank (ECB), Banque de France, Bank of Finland, European Central Bank (ECB), Bank of Finland - Research, Deutsche Bundesbank, Deutsche Bundesbank - Economics Department, Banco de España, European Central Bank (ECB), Bank of Portugal and Université Paris I Panthéon-Sorbonne
Downloads 37 (538,209)

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central banking., econometric modelling, forecasting and simulation, monetary policy

15.

Interest Rates, Money, and Banks in an Estimated Euro Area Model

ECB Working Paper No. 1791
Number of pages: 43 Posted: 23 Jun 2015
Kai Philipp Christoffel and Andreas Schabert
European Central Bank (ECB) and University of Cologne - Department of Economics
Downloads 35 (548,591)

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Bayesian estimation; central bank money supply; costly banking; financial shocks

16.

Welfare and Bond Pricing Implications of Fiscal Stabilization Policies

Bank of Finland Research Discussion Paper No. 32/2013
Number of pages: 50 Posted: 20 Dec 2013
Kai Philipp Christoffel, Ivan Jaccard and Juha Kilponen
European Central Bank (ECB), European Central Bank (ECB) - Directorate General Research and Bank of Finland - Research
Downloads 28 (588,152)
Citation 2

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New Keynesian models, fiscal policy, bond risk premium, monetary policy

17.

Resuscitating the Wage Channel in Models with Unemployment Fluctuations

ECB Working Paper No. 923
Number of pages: 49 Posted: 26 Aug 2008
Kai Philipp Christoffel and Keith Kuester
European Central Bank (ECB) and Federal Reserve Banks - Federal Reserve Bank of Philadelphia
Downloads 28 (588,152)
Citation 3

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Bargaining, Unemployment, Business Cycle, Real Rigidities

18.

Using Forecast-Augmented VAR Evidence to Dampen the Forward Guidance Puzzle

ECB Working Paper No. 20202495
Number of pages: 21 Posted: 01 Dec 2020
Kai Philipp Christoffel, Oliver Groot, Falk Mazelis and Carlos Montes-Galdón
European Central Bank (ECB), European Central Bank (ECB), European Central Bank (ECB) and European Central Bank (ECB)
Downloads 21 (634,945)

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19.

Disciplining Expectations and the Forward Guidance Puzzle

ECB Working Paper No. 20202424
Number of pages: 63 Posted: 25 Jun 2020
Boston College, College of Arts and Sciences, Department of Economics, Students, European Central Bank (ECB), European Central Bank (ECB) and European Central Bank
Downloads 17 (663,506)
Citation 1

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Bayesian estimation, DSGE models, expectations formation, forecasting, monetary policy

20.

The Role of News About TFP in U.S. Recessions and Booms

FRB of Chicago Working Paper No. WP-2018-6
Number of pages: 62 Posted: 23 Sep 2021
University of Peloponnese - Department of Economics, University of Piraeus - Department of Banking and Financial Management, Department of Economic and Regional Development, Panteion University of Political and Social Sciences, European Bank for Reconstruction and Development (EBRD) - Office of the Chief EconomistEuropean Bank for Reconstruction and Development, Federal Reserve Board - Department of Monetary Affairs, Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, Board of Governors of the Federal Reserve System, 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 (ECB), 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, affiliation not provided to SSRN, New University of Lisbon - Nova School of Business and Economics, 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), European Central Bank (ECB) and European Central Bank (ECB)
Downloads 0 (805,913)

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Unemployment rate, hiring frictions, beliefs, the Great Recession, labor market trends, employment gap, Bayesian estimation