Brief profile:


Kai Carstensen is Professor for Econometrics at Christian Albrechts University in Kiel and External Research Professor at the Ifo Institute in Munich. From 2018 to 2021 he is member of the European Statistical Governance Advisory Council (ESGAB) appointed by the European Parliament. From 2007 to 2014 he was Professor for Economics at Ludwig Maximilians University in Munich and Head of the Business Cycle and Surveys Department of the Ifo Institute where he coordinated the business surveys on which the Ifo Business Climate indicator is based.
He was also in charge of Ifo’s business cycle forecasts and represented the Ifo Institute in the Gemeinschaftsdiagnose, a forecasting group of leading think tanks commissioned by the German Federal Government. He presented the forecasts and policy recommendations in numerous speeches and press interviews. He also took part in official hearings at the Federal Ministry of Economics and Technology, at the German Bundestag and Bundesrat, in various Parliaments of the Federal States, and at the State Government of Bavaria.
From 2011 to 2013 he was member of the parliamentary commission Wachstum, Wohlstand, Lebensqualität – Wege zu nachhaltigem Wirtschaften und gesellschaftlichem Fortschritt in der Sozialen Marktwirtschaft of the German Bundestag. Kai Carstensen holds a PhD and Habilitation from Christian Albrechts University. His research focuses on empirical macro, business cycle analysis and forecasting. .


  • German Research Foundation (DFG), “Causes and Effects of Time-varying Inflation Uncertainty - Measurement, Evidence, and Policy Implications”, 2009-2013 (with H. Herwartz)
  • Stiftung Geld und Währung, “Transmission und Emission makroökonomischer Schocks durch das Bankensystem”, 2010-2013 (with T. Wollmershäuser et al.)
  • Fritz Thyssen Foundation, “Ökonomische Wirksamkeit der konjunkturstützenden finanzpolitischen Maßnahmen der Jahre 2008 und 2009”, 2013-2015 (with N. Potrafke)
  • Fritz Thyssen Foundation, “Expectation Formation and Uncertainty at the Firm Level – Measurement and Macroeconomic Implications”, 2016-2019 (with R. Bachmann and M. Schneider)

Professional service