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December 2016

Season's Greetings Featured Paper A Fuestian Bargain Economic Indicators
Publications Events People Bulletin Board

Season's Greetings
An exciting and eventful year is drawing to a close and the festive season swiftly approaches. The CESifo Group would like to take this opportunity to review some of the year’s highlights and look ahead to forthcoming events in 2017. We would also like to wish our readers a very merry Christmas and a happy New Year!

Featured Paper
2016 was not only a year of change for the CESifo Group, but also for this newsletter. Its former editor Julio Saavedra left CESifo to become Advisor to TTU, Diwan of Royal Court of the Sultanate of Oman. We would like to thank Julio for his excellent work over the years and wish him all the best for the future. It was Julio’s idea to feature one of the latest CESifo Working Papers in this newsletter. This year’s features covered a broad range of topics including an evaluation of minimum wages, a lab experiment killing mice and a paper on optimal tests for fatal diseases. Bearing in mind Donald Trump’s presidential campaign, studying the effects of internet access on voting behaviour in the web 2.0 era gives particularly astonishing insights into democratic processes today. Check out all of the 2016 featured papers here!

All CESifo Working Papers
Working Paper Submission Form
A Fuestian Bargain
Despite a major change at the top this year, with Clemens Fuest taking over from Hans-Werner Sinn as Ifo President, there was little change to the key issues covered by this section. The future of the European Union constitutes the focal point of 2016’s contributions, which range from proposing a common European army to EU budget recommendations and, of course, analysis of the UK’s Brexit vote. In addition to the EU’s problems, Clemens Fuest also looks at the implications of last month’s US presidential election. An extensive list of all Ifo Viewpoints is available here.

More from and about Clemens Fuest
Economic Indicators
The business climate in Germany ended the year stronger than it started 2016. Despite the Brexit vote and the election of Donald Trump, sentiment in the German economy improved over the course of the year. This is particularly astonishing since 2016 did not get off to a particularly auspicious start and political events across the globe did little to boost the German economy. After dropping to its lowest point of the year in February, the index rose steadily, hitting its annual peak in December. The German economy is in a festive mood – so why not join in the high spirits!

All Economic Indicators:
Ifo Business Climate Index
Ifo Employment Barometer
Ifo Export Expectations
Ifo Business Survey Services Sector
Publication of Interest

CESifo published several papers and journals in 2016. By far the largest amount of research output was generated by our network members who submitted and published around 600 CESifo Working Papers, 10 of which featured in this newsletter. Peer-reviewed studies were published in 4 issues of CESifo Economic Studies, including a special issue on Empirical Family Economics and on a Fiscal Union in the Eurozone. The CESifo DICE Report, CESifo World Economic Survey and CESifo Forum offer quarterly reports on scientific research within the CESifo Group. We will be keeping up the good work next year– so watch out for CESifo’s publications in 2017!
Events
Events Review 2016

2016 was a momentous year that included highlights such as the official ceremony to mark Hans-Werner Sinn’s retirement and the 25th Anniversary of the Center for Economic Studies, Kai Konrad giving the Richard Musgrave Lecture and Nobel Prize winner Bengt Holstrom delivering the Munich Lecture in Economics. Visit our media library for on-demand videos of many of CESifo’s events.

Events Outlook 2017

Looking ahead, 2017 awaits us with some exciting innovations. Prior to the IIPF Annual Congress, CESifo is hosting the IIPF Doctoral School in Munich to provide a forum for young researchers to meet and discuss their research in the field of public finance. In cooperation with other European universities, CESifo is also offering its first doctoral workshop on the Economics of Digitalisation in May. In general, digitalisation is becoming increasingly prominent in CESifo’s activities. As a result, a new “Economics of Digitalisation” Research Network Area will be set up to foster the exchange of knowledge in this thriving field of research.

A Few Dates for Your Diary

27 Apr 2017 Richard Musgrave Lecture 2017 with Rachel Griffith
05 May 2017 Ricardo's Principles @ 200
12-17 Jun 2017 Venice Summer Institute 2017 with 5 attractive workshops
28 Jun 2017 Ifo Annual Meeting with Federal Minister for Education and Research Johanna Wanka
18-20 Aug 2017 IIPF Annual Congress in Tokyo on “Fiscal Reform”
14-16 Nov 2017 Munich Lectures in Economics with Susan Athey
People
Guests and Locals

CES, Ifo and CESifo are hosting guest researchers from France, the Netherlands, Norway, Russia and the UK in January 2017. Learn a bit about what they are working on, and about who they are:

Sascha O. Becker, University of Warwick, will be visiting CESifo from 03 January to 06 January 2017.
Andreas Pick, Erasmus University Rotterdam, will be visiting CESifo from 09 January to 10 February 2017.
Katheline Schubert, University Paris 1 Panthéon-Sorbonne, will be visiting CESifo from 31 January to 08 February 2017.
Carsten Sprenger, Higher School of Economics Moscow, will be visiting CES from 29 January to 26 February 2017.
Bulletin Board
News and things of interest to CESifo Network members

Assistant Professorship in Macroeconomics/Monetary Economics
The department of Economics at Maastricht University, section AE2, is offering an Assistant Professorship in Macroeconomics/Monetary Economics. The Assistant Professor contributes to research in the field of macroeconomics/monetary economics, in collaboration with the other researchers in the department. We are in particular looking for candidates who work on the transmission channels between the real sector and the monetary sector of the economy and hence combine macroeconomics with monetary economics. ...more

Dynamics, Economic Growth and International Trade DEGIT - XXII Economists working in the field of economic growth and international trade are invited to submit a paper or a long abstract (3 pages) for presentation at the Paris conference. Papers focusing on the global economy, trade dynamics, regional economics, international migration, equilibrium growth, sustainability, national and global political economy of growth, international governance, transition economics, and any other topic directly relevant to economic growth are welcome. Both theoretical and empirical papers will be considered for presentation at the conference.

For new postings on the Bulletin Board, please contact contact Yvonne Maldener.
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