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Christoph Grosse-Steffen

Deputy Head, Monetary Policy Research Division · Banque de France

Deputy Head of the Monetary Policy Research Division at Banque de France. His ORCID record lists work on fiscal rules, inflation targeting, monetary unions and sovereign risk.

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Published Journal of Monetary Economics Published Sep 2025

Committed to flexible fiscal rules

Christoph Grosse-Steffen · Laura Pagenhardt · Malte Rieth

A central debate in fiscal policy is whether fiscal rules—numerical constraints on budget deficits or debt levels—impair a government's ability to respond to adverse economic shocks, creating a …

Fiscal Monetary Interactions Macroprudential Policy