October 2016

Politicians across Europe are still reeling at the shock election of Donald Trump as US President. That is understandable. They nevertheless need to snap out of it and start thinking seriously about how Trump’s triumph will impact Europe both economically and politically. Read on to learn more about the consequences of the US election.

More from and about Clemens Fuest

In Western democracies low voter turnout is a widespread phenomenon. There are, however, ways to raise awareness of the importance of political participation, as Samuele Poy and Simone Schüller demonstrate in their recent CESifo Working Paper. Read how the expansion of broadband internet availability improves voter turnout and shifts party vote shares across the ideological spectrum!

Other CESifo Working Papers
Working Paper Submission Form

Sentiment in the German economy continued to improve this month. The Ifo Business Climate Index rose from 109.5 points in September to 110.5 points in October. Companies were more satisfied with their current business situation. They also expressed far greater optimism about the months ahead. The upturn in the German economy is gathering impetus.

Other Economic Indicators:
Credit Constraint Indicator
Ifo Employment Barometer
Ifo Export Expectations
Ifo Export Climate
Ifo Business Survey Services Sector

CESifo DICE Report: Entrepreneurship in Post-Crisis Periods Entrepreneurship creates jobs, promotes innovation and boosts economic growth. What are the structural conditions needed to harness this potential? Does an optimal economic policy exist? Against the background of the greatest economic crisis of the past 50 years, the current issue of the CESifo DICE Report presents experts’ views on these questions.
CESifo Seminar Series: The Economics of Language Policy In an era of globalization, issues of language diversity have economic and political implications. In this volume of the CESifo Seminar Series the contributors offer both theoretical and empirical analyses of topics like the impact of language diversity on economic outcomes, the distributive effects of policy regarding official languages, the individual welfare consequences of bilingualism, and the link between language and national identity. Order this book from MIT Press

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

The featured paper offers an excellent example of the positive consequences of increasing the availability of broadband internet. However, the Ifo Institute is sceptical about the accelerated expansion of high-speed internet in Germany. Ifo researcher Oliver Falck explains why.

Other Ifo Topics
Top 40 under 40 Years Old: Professor Niklas Potrafke Ranks Among Top Talents Again

The idea behind this CESifo Economic Studies Conference is to get people working with geocoded data to meet and discuss how detailed geocoded data can be combined with modern econometric approaches to answer economic questions. The conference will take place on 18 and 19 November 2016 at Ifo in Munich.

Check out also
Forthcoming Academic Conferences

The Bulletin Board is the place where members of the CESifo network can post news and messages of interest to the community of researchers, but also to all readers of the CESifo Newsletter. If you have anything to share, fell free to contact Yvonne Maldener.