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Newsletter November/December 2015 |
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Our end-of-year issue, a double issue but not containing twice as much of everything. Just the usual good stuff. To you, our thanks for accompanying us during 2015 and our best wishes for the coming festivities and the new year. If you find the time, drop us a line: we will always be happy to get your feedback. See you in 2016.
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Featured Paper |
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With this contraption I can really rock
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A Shock Absorber for the Eurozone
Much has been said about the Eurozone lacking a system to absorb fiscal shocks. In the US, for instance, the federal tax plays such a role. A number of ideas have been touted, but mostly from a theoretical perspective. Now a new CESifo paper puts numbers on one such possible mechanism: a Eurozone-wide unemployment insurance scheme.
Other CESifo Working Papers Working Paper Submission Form
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The Original Sinn |
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Economic Indicators |
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From the Editor |
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Needy, and needed
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Look Who's Coming to Dinner
There is a new commensal at Europe's table. From the newcomer's perspective, invited, sort of. From that of some of the other commensals, not quite. And they don't quite agree what to call her. "Persecuted"? "Refugee"? "Economic migrant?" Maybe the difference does not really matter in the end. But the differences in the responses are splitting Europe down the middle. So, what exactly is a "refugee"?
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Outstanding Event |
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The Chart |
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Tectonic movements
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Political terror scale
Unfortunately a current, and sadly recurrent, scourge in Europe and, it appears, just about anywhere. Although it has changed it face and methods, it has always been with us. Check out this interactive chart from the DICE Database to see how it has waxed and waned over the period 1976-2013 in a score of selected countries.
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Publications of Interest |
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Ifo News |
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Count me in
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Immigrants Set to Cost Germany 21.1 Billion Euros in 2015
The Ifo Institute expects immigrant-derived costs to amount to 21.1 billion euros for 2015 alone, based on the assumption that 1.1 million persons will flee to Germany. "That figure includes accommodation, food, creches, schools, German courses, training and administration," according to Gabriel Felbermayr, Director of the Ifo Center for International Economics. Ifo had previously estimated the accommodation and food costs of 800,000 people at 10 billion euros for the first twelve months.
Other Ifo News: German Companies Mainly See Refugees as Unskilled Workers
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People |
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Bulletin Board |
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© 2015 CESifo GmbH | Poschingerstr. 5, 81679 Munich, Germany www.cesifo.orgAll 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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Published by CESifo GmbH, Poschingerstraße 5, 81679 Munich, Germany Tel.: +49 (89) 9224-1425, Fax: +49 (89) 9224-1409 Editor: Julio C. Saavedra
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