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  Newsletter April 2016
Featured Paper From the Editor Economic Indicators A Fuestian Bargain Publications of Interest
The Chart Forthcoming Event People Ifo News Bulletin Board
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  Featured Paper

There's still life in the old bulb

Gerontoinnovation

As societies age they become less inventive. That much seems to be borne out by empirics. But it's not that straightforward. As it turns out, as societies age, a spurt of innovation occurs in the early stages. It is only later in the ageing curve that innovation begins to slacken, as a new CESifo study shows.

Other CESifo Working Papers
Working Paper Submission Form

  A Fuestian Bargain

Brexit ruins it

Brexit Wrecks It

Reason is the first victim of strong emotion. As emotions run high in the Brexit debate in the UK, years of hard-won progress in European integration, liberal trade policies and much more risk being wrecked. Germany does not stand to gain much either. Quite the contrary. Ifo President Clemens Fuest explains why.

More from and about Clemens Fuest

   Economic Indicators

Steady does it

Ifo Business Climate Index Remains Stable

So far, so good. The mood among German businesses remains confident. While the level of satisfaction with the current situation waned slightly in April, the expectations for the coming six months continued to brighten. Moderate, perhaps, but still an overall steady upturn.

Other Economic Indicators:
Credit Constraints Hit Historic Low
German Companies Plan to Recruit More Staff
Export Expectations Fall
German Service Sector:Ifo Business Climate Indicator Rises
Export Climate Improves Significantly
Joint Economic Forecast Spring 2016: Upturn Remains Moderate – Economic Policy Lacks Growth Orientation
Institutes Expect 0.4 Percent Quarter-on-Quarter GDP Increase in Eurozone
Eurozone Economic Outlook: Consumption supports the recovery

   From the Editor

The place to be

The View from Afar

All Germans, nay, all Swedes and sundry other denizens of prosperous, stable places should spend at least half a year abroad, ideally somewhere, well, less prosperous and less stable. This way they would realize what an extraordinary privilege it is to call their remarkably well-functioning countries home. (And tone down the griping in the process.) Therefore, granting this privilege to newcomers should be a bit less—undemanding. A view of Germany from afar, from your footloose Editor.

  Forthcoming Event

CESifo Area Conference on Global Economy

On 13 - 14 May 2016, CESifo will hold its annual meeting for the Global Economy research area, intended to allow presentation of current research undertaken by its members and to stimulate interaction and co-operation between area members. Papers can be on any topic under the Global Economy field, covering trade, international finance, migration, global environmental issues, and others. The keynote speech will be delivered by Peter Neary.

Check out also:
Other Forthcoming Academic Conferences

  The Chart

Come to lend a hand

Temporary Migrant Workers

What with migration waves and right-wing nativist outrage, and growing unease about letting people in, it is illuminating to see where the respective countries actually stand in the migrant-worker league, at least of the temporary sort. The numbers wax and wane, with Germany and the USA trading places over time. Check out which other countries score big, or small, in this index.

   Publications of Interest

Paradise paralysed

A Reform Agenda for Croatia

Now in its eighth year of stagnation, Croatia knew that business as usual was no longer an option. High unemployment, precarious finances and its best brains heading abroad in droves, it turned to the Ifo Institute for advice. The result is a weighty tome with policy recommendations to turn the economy around. There is something there for other similarly troubled economies. Check it out

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

   Ifo News

Were you playing with the shrinkray again?

Wages in Eastern Germany Will Lag Behind Western German Levels for Decades

More than a quarter century after reunification, wages in the former East Germany are still lower than those in the western portion. And, according to a new Ifo study, they will continue to lag for decades yet.

Other Ifo News:
Person Controls in the Entire Schengen Area Cost 53 to 130 Euro per Capita

   People

Faces of the Month

Guests and Locals

The CESifo Group is hosting a number of scholars during May. 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

From Italy through the UK to Hungary, this month's Bulletin Board has calls for papers, professorships and conferences on offer. Check it out. 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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