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  Newsletter January 2016
Featured Paper From the Editor Economic Indicators
The Original 
Publications of Interest
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  Featured Paper

Would you please lower your IQ for me, just a bit?

Of Mice and Men

Being good at what you do gives you a pretty warm glow. Especially if everyone notices. But there may be an underside to it. As a new CESifo Working Paper shows, the pleasures derived from excelling can exact a moral price. Paid by others, usually. Mice, in this case.

Other CESifo Working Papers
Working Paper Submission Form

  The Original Sinn

Make room for me too

Immigration into the Welfare State

Free migration. Inclusion principle. Welfare state. Pick any two. That, in essence, is the conumdrum faced by the EU—and not only in the face of the current massive inrush of refugees. If every immigrant gains immediate access to the host country's welfare benefits, the welfare state will eventually collapse. Something has to give, warns Hans-Werner Sinn.

More from and about Hans-Werner Sinn

   Economic Indicators

Return to your seats

Ifo Business Climate Index Dips

Alas, it couldn't last forever. The Ifo Index stumbled at last, after many months of high-altitude cruising. It was not because of how the current state of business was assessed–it remained nearly as buoyant as before–but how the outlook for the coming six months now appears: quite a bit less upbeat. In for a bumpy ride?

Other Economic Indicators:
Credit Constraints Fall to New Record Low
German Companies Still Plan to Recruit More Staff
German Export Industry Suffers Setback
German Service Sector: Ifo Business Climate Indicator Falls Sharply
Waning Competitiveness Cools Export Climate
2016: German Manufacturers Plan to Invest Six Percent More
Economists Expect Sluggish Growth in Euro Area

   From the Editor

What 40 years does to you

What Happened to You, America?

Not quite what it used to be. Its global standing wobbling, its once unassailable technological advantage shrivelling, its economic might eroding, its undying love for guns fuelled by... mass shootings? And its politics swerving between the dysfunctional and the downright embarrassing. What would the proverbial Martian think upon returning after, say, forty years? Given that Martians are hard to come by, we give it a try with a coma patient.

  Outstanding Event

H.W.-Sinn and W. Schäuble

Fare thee well, Hans-Werner Sinn

Just one among the wave of farewell events to mark Hans-Werner Sinn's impending retirement from the CESifo/Ifo presidency, but a big one. A good chunk of the economics profession's who's-who and heavyweight politicians congregated in Munich to sing the praises of Germany's most influential economist in decades. Royal treatment indeed.

Check out also:
Other Forthcoming Academic Conferences

  The Chart

Where developed humans live

Human Development Index

Forget GDP, PPP or GNI. What counts in the end is HDI, the Human Development Index of a nation. That's what all the effort to raise economic performance is about. How do countries score in this index? The DICE database has an interactive chart showing how different countries have fared since 1980. Check it out.

   Publications of Interest

Just released

The Economics of Infrastructure Provisioning

Good infrastructure is vital for economic and societal well-being, but it cannot reliably be provided by market forces alone. A new volume in the CESifo-MIT Press Seminar Series, edited by Arnold Picot, Massimo Florio, Nico Grove, and Johann Kranz, brings together experts from Europe, North and South America, and Asia to examine the complexities of financing, installing, implementing, and regulating public infrastructure.

Get the book.

Other Publications of Interest:
Economic Policy
CESifo Forum
CESifo DICE Report
CESifo World Economic Survey
CESifo Working Papers

   Ifo News

We are monitoring you

Introducing: Ifo Migration Monitor

Talk about good timing. Just as the EU is fretting over the onrush of refugees, Ifo is introducing its Migration Monitor. Published by the Ifo Center of Excellence for Migration and Integration Research (CEMIR), it aims at providing up-to-date information on both regular migration and asylum-seekers in the European Union. CEMIR aims to play an active role in the immigration debate in Germany and Europe.

Other Ifo News:
Actions Speak Louder Than Words
Ifo GAME – the Geological and Meteorological Events Database

   People

Faces of the Month

Guests and Locals

The CESifo Group is hosting a number of scholars during Febuary. See what they are working on and get to know their research focus and other aspects of interest.

  Bulletin Board

 

News and things of interest to CESifo Network members

Lots of job offers and calls for papers for you this time. Check out this month's Bulletin Board. For new postings on the Bulletin Board, please contact Yvonne Maldener.


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All texts are the responsibility of the editor and do not necessarily represent the opinion of Ifo, CES or CESifo, or of the researchers mentioned
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Editor: Julio C. Saavedra
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