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  Newsletter September 2014
Featured Paper From the Editor Economic Indicators
The Original 
Publications of Interest
The Chart Forthcoming Events People Ifo News Bulletin Board
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  Featured Paper

And I just wanted to help...

Why, Oh Why?

Damned if you do, damned if you don't. If the US retreats inward, it will be blamed for not doing enough to police the world's troublesome spots. If it does intervene abroad, it will be blasted for being a bully. And yet, the US foreign policy is not the only thing feeding the loathing behind anti-Americanism. A far more benign development also plays a role, as new CESifo research shows.

Other CESifo Working Papers
Working Paper Submission Form

  The Original Sinn

 

Europe's Bad Bank

Text Check out what Hans-Werner Sinn has to say about it.

More from and about Hans-Werner Sinn:
Ifo President Sinn sees no effect in rate cut and criticizes bond purchases by ECB
German Association of Economists Gives Ifo President Award

   Economic Indicators

Falling, Falling...

Ifo Business Climate Index Continues to Fall

The Ifo Business Climate Index for industry and trade in Germany fell in September to 104.7 points from 106.3 points in the previous month. The index dropped to its lowest level since April 2013. Assessments of the current business situation were once again less favourable than last month. Expectations with regard to the six-month business outlook fell to their lowest level since December 2012. The German economy is no longer running smoothly.

Other Economic Indicators:
Ifo Business Climate for Eastern Germany Continues to Cloud Over
German Companies Are Slightly More Cautious About Recruiting
German Service Sector: Ifo Business Climate Indicator for Service Sector Falls

   From the Editor

Ban the thing, NOW!!

Want to Join the Club?

There are few things in the world worse than DHMO, a terrible substance, to judge by its fact sheet. Fracking may come close in evilness — at least in German eyes. The similarity in the vileness standing of DHMO and fracking may be not such a bad thing, though.

  The Chart

Excuse me, was this yours?

Right and Proper

History has shown that no modern economy can do without solid protection of individual property rights. Some countries, however, seem to think the rule does not apply to them, as a new DICE interactive chart shows. Check it out.

   Publications of Interest

The Green Paradox and Beyond

Climate Policy and Nonrenewable Resources

Recent developments suggest that well-intended climate policies - including carbon taxes and subsidies for renewable energy - might not accomplish what policy makers intend. Hans-Werner Sinn has described a "green paradox," arguing that these policies could hasten global warming by encouraging owners of fossil fuel reserves to increase their extraction rates for fear that their reserves will become worthless. In this volume, economists investigate the empirical and theoretical support for the green paradox.

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

  Forthcoming Events

Meet and speak

CESifo Area Conference on Energy and Climate Economics 2014

The conference will be held from October 17 to October 18. Its purpose is to bring together the members of the CESifo Research Network to present and discuss their ongoing research, and to stimulate interaction and co-operation between them. All CESifo research network members are invited to submit their papers, which may deal with any topic in the field of Energy and Climate Economics. The keynote lecture will be delivered by Till Requate (University of Kiel).

Other Forthcoming Events:
CESifo Area Conference on Behavioural Economics 2014

   People

Faces of the Month

Guests and Locals

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

Other people related news
Ifo Researcher Ludger Wößmann Receives Gossen Prize

   Ifo News

Kids and Education

New: Ifo Education Barometer

Germans are in favour of compulsory preschool attendance (86 percent), the abolition of preschool fees (84 percent) and a whole-day school system with lessons until 3 p.m. (60 percent). The majority of Germans (51 percent) is opposed to childcare subsidies for stay-at-home parents. Moreover, Germans are in favour of a nationwide exit exam for the Abitur (A-level equivalent) and think that it is important that the country performs well in the PISA test. These are the results of the first Ifo Education Barometer, a new, comprehensive and representative public opinion survey of over 4,000 Germans supported by the Leibniz Association.

Other Ifo News:
Ifo Architects Survey: Encouragingly Good Current Business Situation
Eastern German Economy Continues to Lag Behind
Evaluation of Ifo Economic Forecasts
Germany on Track to Become World Champion in Capital Exports
FAZ Ranking: Ifo Economists Exercise Influence
Agri-Food in TTIP: EU exports and imports could grow fast

  Bulletin Board

 

News and things of interest to CESifo Network members

The summer black hole still lingers. Or all new job openings are being filled on the spot, and calls for papers must be eliciting a veritable flood of submissions. Be it as it may, our generous offer to post such things here is being just kept in the back of their mind by prospective posters. If you have new postings once you emerge from the black hole, please contact Ines Gross.


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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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