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Carsten is a senior economist at IPPR’s Centre for Economic Justice. He leads the work on macroeconomics and structural economic reform.

He is also a lecturer in economics at University of Bayreuth in Germany. Before joining IPPR, Carsten worked for six years at the Bank of England. There he first worked on international macroeconomics and financial regulation, then led their work on financial risks from climate change. Carsten went on to lead the Bank's work on regulating artificial intelligence.

Carsten also previously worked at the International Monetary Fund on fiscal policy. He holds a master's in economics from Warwick University, a master's in economic sociology from LSE and a bachelor's in philosophy and economics from University of Bayreuth.