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What is CESifo?
CESifo
is the international platform of the University of Munich's Center
for Economic Studies and Germany's Ifo Institute for Economic Research
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Required reading: CESifo-MIT book on the transparency and credibility
of the European Central Bank's decision-making and its decentralized
structure.
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Newest at
CESifo
August
24th 2005
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Still
unable to perk up |
Ifo
Business Climate for Germany
The results of
the August 2005 Ifo Business Survey found no further improvement in the
business climate. The index for German industry and trade fell slightly in August, after having
risen clearly in the previous month. Despite this downward correction, the index is still higher than it
was in March to June of this year. The decline was the result of more unfavourable assessments of
the current situation by the surveyed firms. The expectations for the coming six months, however,
are somewhat more favourable than in July. On the whole, the latest survey results do not rule out a
moderate improvement in the coming months.
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more
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A stabilising trend seems to establish itself |
Ifo
World Economic Climate
The indicator for the Ifo World Economic Climate stabilised in July at the level of the April survey, after having fallen five times in succession. More favourable expectations for the coming six months were offset by again worsened assessments of the current economic situation. This confirms the impression that the slowdown in world economic growth since mid-2004 is a temporary disturbance and not the beginning of a decline in worldwide economic activity.
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more
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A good place to harvest the fruits of culture |
The
Economics of Culture
Well, well. Culture
turns out to be not only good for your table manners and to make you shine
in conversation: it is good for your economic well-being as well. A thorough
study conducted by Guido Tabellini, a renowned Italian
economist, has just been released as a CESifo Working Paper. There are certain
cultural traits embedded in the so-called "social capital" that
can make a significant contribution to the economic performance of those
places where such traits have taken root.
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more
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Now, where do I want to establish a beachhead? |
Foreign
Students and Immigration
Germany hosts a
sizable number of foreign students every year, under the condition that
they leave the country after finishing their studies. Other countries are
not so finicky: were it not for foreign students, engineers in the US would
by now be an endangered species. So, in many countries the foreign students
just stay on and start contributing to the local research and economy. But
what happens afterwards? Do these students act as a beachhead for their
kin to later join them in the host country? Check out this CESifo Working
Paper for the answer.
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more
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Nothing but the facts. No spin. Swear. |
Biased?
Who, Us?
That some news
media might be biased, that they put their own spin on things, well, yes,
now that you mention it, it could well be. After all, news people do not
swear by the likes of a Hippocratic Oath, do they? But does that have
any observable effects, say, on perceptions of the economy or suchlike?
You bet. A CESifo Network researcher and his colleagues put the hypothesis
to its paces.
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Still lacklustre, but at least not pointing down |
Ifo
Economic Climate for the Euro Area
The Ifo Economic
Climate indicator for the euro area remained stable in July 2005 after
having fallen three times in succession. While the assessments of the
current economic situation continued to worsen, the expectations for the
coming six months improved.
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more
| Looking
for hard data to support your research?
Visit
CESifo's DICE
Database for free-of-charge data
on country basics, education, labour markets, public finance,
social policy, health, business and much more.
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