Main Content

CESifo Group Munich

The CESifo Group, consisting of the Center for Economic Studies (CES), the ifo Institute and the CESifo GmbH (Munich Society for the Promotion of Economic Research) is a research group unique in Europe in the area of economic research. read on CESifo Group Munich

  1. News
  2. Survey results
  3. Upcoming events
  4. New Publications
  1. The Odysseus Complex

    teaserImage In their latest book “The Odysseus Complex” Ifo President Clemens Fuest and Johannes Becker, Professor at the University of Münster, develop a plan to reform the Eurozone, which would make the currency union less prone to crises and would mitigate conflicts among its member states. “The Odysseus Complex” has been published on 20 February 2017 by the Hanser Verlag. Details

  1. ifo Business Climate Index for the Service Sector Continues to Fall

    teaserImage Sentiment in the German service sector weakened, but remains at a very high level. The business climate index fell to 107.8 points in April from 108.3 points last month. Service providers are somewhat less satisfied with their current business situation. They also scaled back their expectations slightly. Service providers nevertheless plan to recruit additional staff. Details

  2. Dresdner Vorträge zur Wirtschaftspolitik: Promoting Regional Economic Growth - What Can and Should It Achieve?

    teaserImage "Promoting regional economic growth - what can and should it achieve?" is the title of a lecture to be given by Christina Gathmann, Professor of Labour Economics and Political Economy at the Alfred Weber Institute at the University of Heidelberg, as well as Deputy Chair of the Scientific Advisory Council at the German Federal Ministry of Economics and Technology on 26 April 2017. The lecture will be given as part of the Dresdner Vorträge zur Wirtschaftspolitik at the Dresden Branch of the Ifo Institute. It will commence at 6.30 p.m. Details

  3. ifo Business Climate Index Rises

    teaserImage Sentiment among German managers improved further. The ifo Business Climate Index rose to 112.9 points in April from 112.4 (seasonally adjusted) points last month. Assessments of the current business situation improved significantly. In terms of their six-month business outlook, however, companies are somewhat less optimistic. The German economy is growing strongly. Details

  4. Education Pays Off

    teaserImage Education is an investment: it costs time, commitment and, above all, money. But the effort put into education pays off. According to a recent study conducted by the ifo Institute on behalf of Union Investment, individuals with a university degree earn between 22 and 64 percent more income over their entire career. "Education not only pays off in terms of higher earnings. It also significantly reduces the risk of unemployment," notes Ludger Wößmann, Director of the ifo Center for the Economics of Education. Details

  5. Richard Musgrave Visiting Professorship: Rachel Griffith

    teaserImage Rachel Griffith, Professor of Economics at the University of Manchester and Research Director at the highly-respected Institute for Fiscal Studies (IFS) in London, is the prize-winner of this year's Richard Musgrave Visiting Professorship. As Visiting Professor she will give the 9th Richard Musgrave Lecture entitled: "Do Sin Taxes Work?" on 27 April 2017. Details

  1. Results of the ifo Business Survey for April 2017

    ifo Business Climate Index for the Service Sector Continues to Fall

    Apr 25, 2017: Sentiment in the German service sector weakened, but remains at a very high level. The business climate index fell to 107.8 points in April from 108.3 points last month. Service providers are somewhat less satisfied with their current business situation. They also scaled back their expectations slightly. Service providers nevertheless plan to recruit additional staff. Details

  2. ifo Business Climate - Results of the ifo Business Survey for April 2017

    ifo Business Climate Index Rises

    Apr 24, 2017: Sentiment among German managers improved further. The ifo Business Climate Index rose to 112.9 points in April from 112.4 (seasonally adjusted) points last month. Assessments of the current business situation improved significantly. In terms of their six-month business outlook, however, companies are somewhat less optimistic. The German economy is growing strongly. Details

  3. Regional evaluation for Saxony of the Ifo Business Survey in March 2017

    Saxon Economy Goes into Spring Brimming with Optimism

    Apr 10, 2017: The business climate indicator for trade and industry in the Free State of Saxony rose sharply in March. Saxon companies were even more satisfied than last month with their already good current business situation. Business expectations on the part of manufacturers and wholesalers also contributed to the exceptionally optimistic six-month business outlook. The business climate indices for eastern Germany and Germany as a whole also rose in March 2017. Details

  4. Results of the Ifo Business Survey for March 2017

    Ifo Business Climate Index for Eastern Germany Rises

    Mar 30, 2017: Confidence in trade and industry in eastern Germany improved again at the beginning of spring; the business climate index rose in March from 109.5 to 110.4 points. The survey participants assessed their business situation as well as their business expectations slightly more favourably than in February. The development of industry and trade in eastern Germany was similar to that in Germany as a whole in March. Details

  5. Ifo Export Expectations - Ifo Business Survey for March 2017

    German Exporters’ Optimism Continues to Grow

    Mar 29, 2017: German exporters are slightly more optimistic than last month. The Ifo Export Expectations rose from 14.5 balance points in February to 14.7 balance points in March. German exporters remain unconcerned by political uncertainty worldwide. They are also benefiting from the favourable current economic situation in their sales markets. Details

  6. Ifo Employment Barometer - Results of the Ifo Business Survey for March 2017

    German Companies’ Willingness to Recruit Wanes Slightly

    Mar 29, 2017: German companies’ willingness to recruit waned slightly this month, but remains at a very high level. The Ifo Employment Barometer dropped to 109.4 points in March from 110.6 points last month. Last year’s big recruitment drive appears to be slowing down slightly. Details

  7. Results of the March 2017 Ifo Business Survey

    Ifo Business Climate Index for the Service Sector Continues to Fall

    Mar 28, 2017: Sentiment in the service sector continued to weaken. The business climate index fell to 108.1 points in March from 108.6 points. In a repeat of last month’s developments service providers were more satisfied with their current business situation, but they expressed less confidence about their six-month business outlook. The expectations index fell to its lowest level since August 2014. Details

  8. Results of the March 2017 Ifo Business Survey

    Ifo Business Climate Index Rises

    Mar 27, 2017: Sentiment among German managers continues to improve this month. The Ifo Business Climate Index rose to 112.3 points in March from 111.1 (seasonally adjusted) points last month, reaching its highest level since July 2011. The upwards trend in assessments of the current business situation continues unabated. The business outlook for companies also improved again this month. The upswing in the German economy is gaining impetus. Details

  9. Ifo Export Climate for February 2017

    Ifo Export Climate Continues to Rise

    Mar 27, 2017: The Ifo Export Climate rose from 0.78 index points in January to 0.85 points in February 2017. The improvement in the export climate was due both to higher corporate and consumer confidence abroad, as well as the enhanced price competitiveness of German business. Details

  10. Results of the Ifo Architects Survey of 1st quarter 2017

    Ifo Architects Survey: Planning Contract Figures for Residential Buildings Continue to Climb

    Mar 23, 2017: The business climate improved clearly at the beginning of the first quarter of 2017, according to the results of the Ifo Institute’s survey of freelance architects. Details

Older. Healthier. More Productive. What Developments Can we Expect in Terms of Pensions and Demography?

Older. Healthier. More Productive. What Developments Can we Expect in Terms of Pensions and Demography?

Munich Seminar on 24 April 2017 with Prof. Dr. Axel Börsch-Supan, Director of the Max Planck Institute for Social Law and Social Policy in Munich and Head of the Munich Center for the Economics of Aging (MEA) read on Older. Healthier. More Productive. What Developments Can we Expect in Terms of Pensions and Demography?

Dresdner Vorträge zur Wirtschaftspolitik

Dresdner Vortrag zur Wirtschaftspolitik am 26. April 2017 mit Prof. Christina Gathmann, Professorin für Arbeitsmarktökonomie und Neue Politische Ökonomik am Alfred-Weber-Institut der Universität Heidelberg, sowie Stellvertretende Vorsitzende des Wissenschaftlichen Beirat beim Bundesministerium für Wirtschaft und Technologie. read on Dresdner Vorträge zur Wirtschaftspolitik

Ricardo@200 – International Trade Theory in Turbulent Times

In cooperation with the Chamber of Commerce and Industry of Munich and Upper Bavaria and the Committee on International Trade Theory and Policy of the Verein für Socialpolitik, the Ifo Institute is organising a conference in honour of David Ricardo, one of the founding fathers of modern economics. read on Ricardo@200 – International Trade Theory in Turbulent Times

The Odysseus Complex. A Pragmatic Proposal for Solving the Euro Crisis

The Odysseus Complex. A Pragmatic Proposal for Solving the Euro Crisis

Munich Seminar on 8 May 2017 with Prof. Clemens Fuest, President of the Ifo Institute and Professor at the Ludwig Maximilian University, at the "Große Aula", Ludwig-Maximilians-University, Geschwister-Scholl-Platz 1. read on The Odysseus Complex. A Pragmatic Proposal for Solving the Euro Crisis

Next Events

  1. The Nexus of CO2 Emissions, Energy Consumption, Economic Growth, and Trade-Openness in WTO Countries

    • 25.04.2017, 02:00 PM - 03:15 PM
    • SEEM – Seminar on Energy and Environmental Economics Munich
    • Prof. Anne Neumann (DIW Berlin & University of Potsdam)
    • Ifo Institute, Ludwig Erhard Hall, Poschingerstr. 5, Munich

  2. Reputation with Opportunities for Coasting

    • 25.04.2017, 05:00 PM - 06:15 PM
    • Hans Möller Seminar
    • Heski Bar-Isaac, University of Toronto
    • International Economics, Ludwigstr. 28/II, Library (room 221)

  3. A Banana Republic? Trust in Electoral Institutions in Western Democracies - Evidence from a Presidential Election in Austria

    • 26.04.2017, 11:10 AM - 12:40 PM
    • Lunchtime Seminar TU Dresden
    • Felix Rösel
    • TU Dresden, Sitzungszimmer der Fakultät Wirtschaftswissenschaften, Raum SCH A 03

  4. Ifo Lunchtime Seminar

    • 26.04.2017, 12:00 PM - 01:00 PM
    • ifo Lunchtime Seminar
    • Christian Grimme
    • Ifo Institute, Ludwig Erhard Hall, Poschingerstr. 5, Munich

  5. Dresdner Vorträge zur Wirtschaftspolitik

    • 26.04.2017, 06:30 PM - 08:00 PM
    • Dresdner Vorträge zur Wirtschaftspolitik
    • Prof. Christina Gathmann, Professorin für Arbeitsmarktökonomie und Neue Politische Ökonomik am Alfred-Weber-Institut der Universität Heidelberg, sowie Stellvertretende Vorsitzende des Wissenschaftlichen Beirat beim Bundesministerium für Wirtschaft und Technologie
    • ifo Niederlassung Dresden, Einsteinstraße 3, Dresden

  6. CESifo Area Conference on Public Sector Economics

    • 27.04.2017, 12:00 PM - 29.04.2017, 02:00 PM
    • CESifo Conference
    • CESifo Conference Centre, Poschingerstrasse 5, 81679 Munich

    The conference is intended to give an overview of the current research undertaken by members of the Public Sector Economics area of the network and to stimulate interaction and co-operation between area members. All CESifo research network members are invited to submit their papers which may deal with any topic in Public Economics. Please note that Area Conferences are open to CESifo Network Members only. The keynote lecture "Ending the Ideological Macroeconomic Battles: The Public Finance Approach to Optimal Fiscal Policy", will be delivered by Bas Jacobs, Erasmus University, Rotterdam. Details

  7. Do Sin Taxes Work?

    • 27.04.2017, 06:00 PM - 08:00 PM
    • Richard Musgrave Lecture
    • Professor Rachel Griffith, Research Director at the Institute for Fiscal Studies (IFS) in London and Professor of Economics at the University of Manchester

    Richard Musgrave Professorship Award 2017

Upcoming publications / just released

  1. Cover Image Becker, Johannes and Clemens Fuest, Der Odysseus-Komplex. Ein pragmatischer Vorschlag zur Lösung der Eurokrise, Hanser Verlag, 2017, 288 , Information | Details

  2. Cover Image Sinn, Hans-Werner, "Der Schwarze Juni. Brexit, Flüchtlingswelle, Euro-Desaster – Wie die Neugründung Europas gelingt", Herder Verlag, 2016, 368 , Information | Details

Journals

  1. Cover Image "ifo DICE Report 1/2017 (Spring): The Price-Stability-Target in the Eurozone and the European Debt Crisis", ifo Institute, Munich, 2017, 01-65, Section: Forum | Details | PDF Download

  2. Cover Image "ifo Schnelldienst 07/2017", ifo Institut, München, 2017 | Details | PDF Download

  3. Cover Image "ifo Konjunkturperspektiven 03/2017", ifo Institut, München, 2017 | Details | PDF Download

Books

  1. Cover Image Felbermayr, Gabriel, Devashish Mitra, Rahel Aichele and Jasmin Gröschl, Europe and India: Relaunching a Troubled Trade Relationship, ifo Forschungsberichte 80, ifo Institute, 2017 | Details | PDF Download

  2. Cover Image Felbermayr, Gabriel, Rahel Aichele and Jasmin Gröschl, Freihandel von Lissabon nach Wladiwostok: wem nutzt, wem schadet ein eurasisches Freihandelsabkommen?, ifo Forschungsberichte 79, ifo Institut, 2017 | Details | PDF Download

Working Paper

  1. Cover Image Jaakkola, Niko, Daniel Spiro and Arthur A. van Benthem, "Finders, Keepers?", CESifo Working Paper No. 6435, April 2017 | Details | PDF Download

  2. Cover Image Nam, Chang Woon, Sumin Nam and Peter Steinhoff, "Modi's 'Make in India' Industrial Reform Policy and East Asian Flying-Geese Paradigm", CESifo Working Paper No. 6431, March 2017 | Details | PDF Download

  3. Cover Image Ashraf, Quamrul H., Francesco Cinnirella, Oded Galor, Boris Gershman and Erik Hornung, "Capital-Skill Complementarity and the Emergence of Labor Emancipation", CESifo Working Paper No. 6423, March 2017 | Details | PDF Download

  4. Cover Image Freyberger, Joachim, Andreas Neuhierl and Michael Weber, "Dissecting Characteristics Nonparametrically", CESifo Working Paper No. 6391, March 2017 | Details | PDF Download

  5. Cover Image Buettner, Thiess and Manuela Krause, "Föderalismus im Wunderland: Zur Steuerautonomie bei der Grunderwerbsteuer", Ifo Working Paper No. 235, 2017 | Details | PDF Download

  6. Cover Image Frei, Xenia, Sebastian Langer, Robert Lehmann and Felix Roesel, "Electoral Externalities in Federations - Evidence from German Opinion Polls", CESifo Working Paper No. 6375, February 2017 | Details | PDF Download

  7. Cover Image Munk, Martin D., Till Nikolka and Panu Poutvaara, "International Family Migration and the Dual-Earner Model", CESifo Working Paper No. 6377, February 2017 | Details | PDF Download

  8. Cover Image Lehmann, Robert and Wolfgang Nagl, "Explaining Spatial Patterns of Foreign Employment in Germany", CESifo Working Paper No. 6356, February 2017 | Details | PDF Download

  9. Cover Image D'Acunto, Francesco, Ryan Liu, Carolin Pflueger and Michael Weber, "Flexible Prices and Leverage", CESifo Working Paper No. 6317, January 2017 | Details | PDF Download

  10. Cover Image Balleer, Almut, Nikolay Hristov and Dominik Menno, "Financial Constraints and Nominal Price Rigidities", CESifo Working Paper No. 6309, January 2017 | Details | PDF Download