Nickel, Christiane



Prices & Costs

Current position

Head of Division


Other current responsibilities
  • Head of Division
  • PhD in Economics from Wissenschaftliche Hochschule für Unternehmensführung Koblenz – Otto Beisheim Graduate School, Summa cum laude
  • Diploma in Economics, Johann Wolfgang Goethe-Universität Frankfurt am Main, Summa cum laude
Professional experience
  • Head of Division Prices & Costs, European Central Bank, 2014 to Present
  • Head of Section Output, Demand and Labour Markets, European Central Bank, 2012 to 2013
  • Head of Fiscal Analysis Section, European Central Bank, 2007 to 2012
  • Senior Economist, European Bank for Reconstruction and Development, 2006
  • Senior Economist, European Central Bank, 2003 to 2005
  • Economist, International Monetary Fund, Washington DC, 2000 to 2002
  • Junior Faculty Member, Chair of Macroeconomics and International Economics, WHU Koblenz, Otto Beisheim Graduate School of Management, 1996-1999
  • Book Reviewer, Economics Section, Frankfurter Allgemeine Zeitung
Teaching experience
  • Lecturer for “Fiscal Policy in EMU: Theory and Practice”, Goethe University, Frankfurt am Main (2011 and 2012)
  • Lecturer for “Assessing Financial Sector Stability” and “Inflation Targeting”, IMF Institute, Singapore (2002)
  • Lecturer for “Microeconomics” and “European Economic Integration”, WHU Koblenz (1996-1999)

ECB Working Paper Series


ECB Occasional Paper Series

ECB Economic Bulletin Article

Journal publications

C. Nickel and A. Tudyka
Fiscal stimulus in times of high debt: Reconsidering multipliers and twin deficits
Journal of Money, Credit and Banking
C. Nickel, P. Rother and J.C. Rülke
Fiscal variables and bond spreads – evidence from Eastern European countries and Turkey
Applied Financial Economics
M.G. Attinasi, C. Checherita and C. Nickel
What explains the surge in euro area sovereign spreads during the financial crisis of 2007-09?
Public Finance and Management
E. Lis and C. Nickel
The Impact of Extreme Weather Events on Budget Balances
International Tax and Public Finance
A. Afonso, P. Rother and C. Nickel
Fiscal Consolidations in the Central and Eastern European Countries
Review of World Economics
M. Frenkel, C. Nickel, G. Stadtmann and G. Schmidt
The Effects of Capital Controls on Exchange Rate Volatility and Output
International Economic Journal