Head of Department Business Cycle Analyses and Surveys
Ifo Institute for Economic Research Business Cycle Analyses and Surveys Poschingerstraße 581679 München
Phone: +49(0)89/9224-1266 Fax: +49(0)89/985369 E-Mail: 101-100-46-111-102-105-64-110-101-115-110-101-116-115-114-97-99 Website: http://www.cesifo-group.de/carstensen-k
Professor of Economics, esp. Macroeconomics and Business Cycle Analyses Faculty of Economics, University of Munich Website: http://www.lkf.vwl.uni-muenchen.de
Monetary Policy, Empirical Macro
German, English
Monetary Policy in the euro area
Carstensen, Kai (with Simon Broda and Marc Paolella), “Bias-Adjusted Estimation in the ARX(1) Model”, Computational Statistics and Data Analysis, Vol. 51, 2007, 3355-3367
Carstensen, Kai (with Roberta Colavecchio), “Did the Revision of the ECB Monetary Policy Strategy Affect the Reaction Function?”, Rivista Italiana degli Economisti, 2006
Carstensen, Kai (with Erich Gundlach), “The Primacy of Institutions Reconsidered: the Effects of Malaria Prevalence in the Empirics of Development”, World Bank Economic Review, Vol. 20, No. 3, 2006, 309-339
Carstensen, Kai, “Stock Market Downswing and the Stability of European Monetary Union Money Demand”, Journal of Business and Economic Statistics, Vol. 25, No. 4, 2006, 395-402
Carstensen, Kai, “Estimating the ECB Policy Reaction Function”, German Economic Review, Vol. 7, No. 1, 2006, 1-34
Carstensen, Kai (with Farid Toubal), “Foreign Direct Investment in Central and Eastern European Countries: A Dynamic Panel Analysis”, Journal of Comparative Economics, Vol. 32, 2004, 3-22
Carstensen, Kai (with Gerd Hansen), “Inflationäre Schocks in Deutschland: Eine Common Trends Analyse“, Jahrbücher für Nationalökonomie und Statistik, Bd. 224, Heft 3, 2004, 271-291
Carstensen, Kai, “Nonstationary Term Premia and Cointegration of the Term Structure“, Economics Letters, Bd. 80/3, 2003, 409-413
Carstensen, Kai, “The Finite-Sample Performance of Robust Unit Root Tests“, Statistical Papers, Vol. 44, No. 4, 2003, 469-482
Carstensen, Kai (with Julia Hawellek), “Forecasting Inflation from the Term Structure“, Weltwirtschaftliches Archiv, Bd. 139, Nr. 2, 2003, 306-323
Carstensen, Kai (with Gerd Hansen), “Cointegration and Common Trends on the West German Labour Market“, Empirical Economics, Bd. 25, 2000, 475-493
Carstensen, Kai (with Marc Paolella), "On Median Unbiased Inference for First Order Autoregressive Models", in: I. Klein and S. Mittnik (eds.): Contributions to Modern Econometrics, Kluwer Academic Publishers, Boston, 2002
Carstensen, Kai (with Gerd Hansen), "How Important are Real Shocks for the Real Exchange Rate?", in: R. Galata and H. Küchenhoff (eds.), Econometrics in Theory and Practice, Physica-Verlag, Heidelberg, 1998
Carstensen, Kai (with K.-J. Gern, C. Kamps and J. Scheide), "Euroland: Konjunktur verliert wieder an Fahrt", Die Weltwirtschaft, Heft 3, 2004, 265-298
Carstensen, Kai (with K.-J. Gern, C. Kamps and J. Scheide), "Euroland: Konjunktur verliert wieder an Fahrt", Die Weltwirtschaft, Heft 3, 2003, 265-298
Carstensen, Kai (with K.-J. Gern, C. Kamps and J. Scheide), "Euroland: Aufschwung verzögert sich", Die Weltwirtschaft, Heft 3, 2002, 255-278
Carstensen, Kai (with Jan Hagen, Oliver Hoßfeld and Abelardo Salazar Neaves), "Money Demand and Monetary Overhang in the Four Largest EMU Countries", in revision for Scottish Journal of Political Economy, 2007
Carstensen, Kai, "Is core money growth a good and stable inflation predictor in the euro area?", Kiel Working Paper No. 1318, 2007
Carstensen, Kai (with Erich Gundlach and Susanne Hartmann), "Assessing the Empirical Evidence on Aggregate Human Capital Externalities“, submitted
Carstensen, Kai (with Claudia Buch and Andrea Schertler), "Macroeconomic Shocks and Foreign Bank Assets", in revision for Journal of Money, Credit and Banking, 2005
Carstensen, Kai (with David de Antonio Liedo), "A Model for Real-time Data Assessment and Forecasting", Manuskript, 2005
"Makroökonomie", Lecture and Exercises, University of Munich, Summer Semester 2009 | Lecture notes (in German)
"Konjunkturtheorie", Lecture and Exercises, University of Munich, Winter Semester 2008/2009 | Lecture notes (in German)
Applied Econometrics II, Advanced Studies Program, Kiel Institute for the World Economy
Macroeconometric Models, University of Kiel
Kai Carstensen, "Pfingsttagung", German Statistical Association, 27 March 2007, Bielefeld
Kai Carstensen, "Annual Meeting", Verein für Socialpolitik", 28 Sept. 2006, Bayreuth
Kai Carstensen, "Workshop on Macroeconomic Forecasting, Analysis and Policy with Data Revision", 14 Oct. 2005, Montreal
Kai Carstensen, "Unit Root and Cointegration Testing Conference", 30 Sept. 2005, Faro/Portugal
Kai Carstensen, "European Economic Association Annual Congress", 26 Aug. 2005, Amsterdam
Kai Carstensen, "Econometric Society World Congress", 21 Aug. 2005, London
Kai Carstensen, "Pfingsttagung", German Statistical Association, 19 May 2005, Münster
Kai Carstensen, "Research Seminar", ECARES, 04 Feb. 2005, Brussels
Kai Carstensen, "Annual Meeting", Verein für Socialpolitik, 01 Oct. 2004, Dresden
Kai Carstensen, "Annual Meeting", German Statistical Association, 22 Sept. 2004, Frankfurt/Main
Kai Carstensen, "Pfingsttagung", German Statistical Association, 12 June 2003, Rostock
Kai Carstensen, "Pfingsttagung", German Statistical Association, 23 May 2002, Jena
Kai Carstensen, "Annual Meeting", Verein für Socialpolitik, 28 Sept. 2001, Magdeburg
Kai Carstensen, "Econometric Society European Meeting", 27 Aug. 2001, Lausanne
Kai Carstensen, "Pfingsttagung", German Statistical Association, 06 June 2001, Magdeburg
Kai Carstensen, "Pfingsttagung", German Statistical Association, 16 June 2000, Frankfurt/Oder
Kai Carstensen, "Financial Econometrics Workshop", German Statistical Association, 01 Apr. 2000, Berlin
Kai Carstensen, "Young Economist Meeting", 11 Apr. 2000, Amsterdam
