Christoph Grosse Steffen

Deputy Head, Monetary Policy Research Division, Monetary and Financial Studies Directorate

Christoph Grosse Steffen

Christoph Grosse Steffen joined the Banque de France in 2016. Prior to this he held a post-doctoral position at DIW Berlin. His research interests are in the field of macroeconomics, particularly monetary policy, sovereign risk and the role of ambiguity in the macroeconomy. He received his PhD in Economics from Freie Universität Berlin in 2015.

Current Position

Deputy Head, Monetary Policy Research Division, Monetary and Financial Studies Directorate

Previous Position

  • Research Economist, Monetary Policy Research Division (2016-2022)
  • Research Associate, Department of Macroeconomics, DIW Berlin (2012-2016)

Diploma

  • PhD in Economics, Freie Universität Berlin
  • MSc in Economics, University of Münster
  • Maîtrise, Université Paris 2 Panthéon-Assas

Research Interest

Applied macroeconomics, monetary and fiscal policy

Contact

Academic Publications

Articles
  • “Inflation Targeting as a Shock Absorber” (2020), with M. Fratzscher and M. Rieth, Journal of International Economics, 123(March 2020), 1-16.
  • “Collective Action Clauses in the Euro Area: A Law and Economics Analysis of the First Five Years” (2019), with S. Grund and J. Schumacher, Capital Markets Law Journal, 14(2), March 2019, 134-154.
  • “Sovereign risk, interbank freezes, and aggregate fluctuations” (2016), with Philipp Engler, European Economic Review 87, 34-61
Others
  • "Inflation targeting and large shocks", with M. Fratzscher and M. Rieth, VoxEU column, 17 August 2018
  • “Interest Rate Lift-Off in the US: Moderate Impact to Date, but Emerging Markets Should Brace Themselves”, DIW Economic Bulletin 14/201.
  • “GDP-Linked Loans for Greece”, with Marcel Fratzscher and Malte Rieth, DIW Economic Bulletin 9/2014.
  • ­ “Debt Restructuring in the Euro Area: How Can Sovereign Debt Be Restructured More Effectively?”, with Julian Schumacher, DIW Economic Bulletin 10/2014.
  • ­ “Safe Bonds for the European Monetary Union: Strengthening the Bailout Ban with More Robust Financial System”, with Philipp Engler, DIW Economic Bulletin 10/2014.
  • ­ “The Safe Asset Controversy: Policy Implications After the Crisis”, DIW Roundup 3/2014.