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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: The economics of happiness brilliantly dissected
by Bruno Frey.
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Newest at
CESifo
May
29th , 2008
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Prying not allowed |
Chinese Riddles
Bowing to pressure to revalue their currency, the renminbi, the Chinese abandoned their peg to the US dollar in 2005 and linked it to a basket of currencies. But, true to their inscrutable selves, they declined to reveal the weights assigned to each currency in the basket. Applying statistical tools to what reality in the market is showing, a team of researchers from the University of Hamburg found the likely evolution of the renminbi over time.
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Hans-Werner Sinn flanked by Nobel laureates Sir James Mirrlees (left in the picture) and James J. Heckman |
Hans-Werner Sinn's Birthday Conference
Rated as one of the most solid scientific conferences this year, the event to mark Hans-Werner Sinn's 60th birthday attracted nearly 300 high-ranking guests, including two Nobel laureates, the best and brightest in public finance, most of his former students and a bevy of media editors.
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Yes, but can I profit from him? |
Profiting from Apprenticeship
Both Germany and Switzerland have made great use of vocational training to get the highly qualified people they need to keep churning out world-class industrial products. But while their apprenticeship systems are broadly similar, there are huge differences in the way Swiss and German companies profit from their apprentices: for the former they are a source of profit, for the latter a cost item.
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In Good Company
What do Max Planck, Alexander von Humboldt, Joseph Ratzinger (the current Pope), and Hans-Werner Sinn have in common? That they all received the Bavarian Order of Merit, reserved for no more than 200 living recipients.
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Perking up |
Ifo Business Climate Improves
The Ifo Business Climate Index for industry and trade in Germany rose in May after having
clearly weakened in the previous month. However, the business climate index only partially recovered
its losses from April.
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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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