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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. Brexit – Information on the Current Debate

    teaserImage In a referendum held on 23 June 2016 the citizens of Britain voted in favour of leaving the European Union. The Ifo Institute examined the implications of a Brexit back in 2015 in a study conducted on behalf of the Bertelsmann Foundation. The various scenarios and current assessments by Ifo staff are now bundled in our Brexit topic. Details

  1. Ifo President Fears Higher Minimum Wage Will Impact Refugee Integration

    teaserImage Ifo President Clemens Fuest regrets the minimum wage increase in Germany: "In view of the inflow of refugees I think it would have been better not to increase the minimum wage for the time being. It is positive, however, that the Commission has not ceded to public demands to raise the minimum wage to above nine euros. Details

  2. Ifo Economic Forecast for Eastern Germany and Saxony

    teaserImage The price-adjusted gross domestic product of Eastern Germany (including Berlin) will grow by 1.7 percent in 2016 and by 1.3 percent in 2017. In the Free State of Saxony real economic output is expected to rise by 1.8 percent this year and to grow at the marginally slower rate of 1.5 percent in 2017. Strong domestic demand, and especially private consumption, continues to boost the economy. Further positive stimuli include refugee migration, as well as rising demand from German manufacturing over the course of the year. Against this background, levels of employment will continue to rise in the Eastern German and Saxon labour market. Details

  3. Economists Panel June 2016: Old-Age Provision and State Pensions – Are They Set Up on a Sustainable Basis?

    teaserImage In this month’s Ifo and Frankfurter Allgemeine Zeitung Economists Panel, economics professors at German universities were surveyed on old-age provision and state pension reform. A majority of the professors surveyed does not believe that the present state pensions system is structured sustainably enough to guarantee a sufficient pension for people to live off in the long term. Details

  4. Export Expectations Rise

    teaserImage German businesses surveyed prior to the Brexit referendum expressed greater confidence in their exports. Export expectations rose to 8.1 balance points in June from 6.2 balance points in May, reaching their highest level since December 2015. German exporters held their ground in a weak global economic climate. Details

  5. Hiring by German Companies Continues Unabated

    teaserImage German companies still plan to recruit new staff. The Ifo Employment Barometer edged downwards marginally to 108.0 points in June, versus 108.3 points in May. The employment dynamic nevertheless remains expansively oriented. Details

  1. Ifo Export Expectations - Ifo Business Survey for June 2016

    Export Expectations Rise

    Jun 28, 2016: German businesses surveyed prior to the Brexit referendum expressed greater confidence in their exports. Export expectations rose to 8.1 balance points in June from 6.2 balance points in May, reaching their highest level since December 2015. German exporters held their ground in a weak global economic climate. Details

  2. Ifo Employment Barometer - Results of the Ifo Business Survey for June 2016

    Hiring by German Companies Continues Unabated

    Jun 27, 2016: German companies still plan to recruit new staff. The Ifo Employment Barometer edged downwards marginally to 108.0 points in June, versus 108.3 points in May. The employment dynamic nevertheless remains expansively oriented. Details

  3. Ifo Export Climate for May 2016

    Ifo Export Climate Indicator Rises

    Jun 27, 2016: The Ifo Export Climate indicator rose from 0.07 index points in April to 0.19 points in May. The increase was due to an improvement in corporate and consumer confidence abroad. The deterioration in price competitiveness, by contrast, had a slightly negative impact. Details

  4. Results of the June 2016 Ifo Business Survey

    Ifo Business Climate Index Rises

    Jun 24, 2016: Sentiment in the German economy improved significantly ahead of the Brexit referendum. The Ifo Business Climate Index rose to 108.7 points in June from 107.8 points in May (seasonally adjusted). Satisfaction levels with the current business situation were only slightly higher, but the short-term business outlook improved significantly. The German economy remains buoyant. Details

  5. Results of the June 2016 Ifo Business Survey

    German Service Sector: Ifo Business Climate Indicator Rises

    Jun 24, 2016: In the services sector sentiment improved. The business climate indicator rose to 27.2 balance points in June from 25.1 balance points in May. Assessments of the current business situation, already at a very good level last month, continued to improve. Service providers also expressed greater optimism about the months ahead. Expansive personnel plans, by contrast, were scaled back slightly. Details

  6. Regional evaluation for Saxony of the Ifo Business Survey in May 2016

    Ifo Business Climate Index for Saxony Rises

    Jun 10, 2016: The Ifo Business Climate for Saxon trade and industry brightened considerably in May; and the same can be said of the business climate indices for eastern Germany and Germany as a whole. Saxon survey participants assessed their current business situation as markedly more favourable than last month. They also expressed far greater confidence in their six-month business outlook. Details

  7. Results of the Ifo Architects Survey of 2nd quarter 2016

    Ifo Architects Survey: Current Business Situation Is Remarkably Favourable

    Jun 9, 2016: The business climate improved markedly at the beginning of the second quarter of 2016, according to the results of the Ifo Institute’s quarterly survey of freelance architects. The architects have not assessed their current business situation this favourably since the survey’s launch in 1981. Business expectations also continued to rise significantly. The share of fairly optimistic architects rose by 4 percentage points from 14% to 18%. Details

  8. Randstad Ifo Personnel Manager Survey for Quarter 1 2016

    Internships and the minimum wage

    Jun 2, 2016: The special question for the first quarter of 2016 asked personnel managers about internships. It analyses differences in the offering of voluntary internships and compulsory internships in the periods before and since 2015, the usual duration of internships and whether their duration differed as of 2015. Details

  9. Credit Constraint Indicator - From the Ifo Business Survey for May 2016

    Credit Constraints Unchanged

    May 31, 2016: The financing environment for German companies remains very favourable. The credit constraints for industry and trade, i.e. the percentage of companies that report problems in borrowing, remained unchanged in May at 14.2 percent. Details

  10. Results of the Ifo Business Survey for May 2016

    Ifo Business Climate Index for Eastern Germany Rises

    May 30, 2016: The Ifo Business Climate Index for industry and trade in eastern Germany rose sharply in May. The eastern German companies were clearly more satisfied with their current business situation. They also noticeably upgraded their business expectations for the coming half year. Business confidence has improved in all four main survey sectors. Details

Promoting Productivity and Equality: A Twin Challenge

Promoting Productivity and Equality: A Twin Challenge

Munich Seminar on 27 June 2016 with Dr. Christian Kastrop, Director, Policy Studies Branch, Economics Department, OECD. read on Promoting Productivity and Equality: A Twin Challenge

The Refugee Crisis and Coping with It: Can We Manage It?

The Refugee Crisis and Coping with It: Can We Manage It?

Munich Seminar on 4 July 2016 with Prof. Dr. Lars P. Feld, Professor of Economic Policy at the University of Freiburg read on The Refugee Crisis and Coping with It: Can We Manage It?

15th Munich Economic Summit: “Migration – Challenge or Opportunity?"

15th Munich Economic Summit: “Migration – Challenge or Opportunity?"

This year’s Summit will deal with the ramifications of the largest migration wave in the post-war period, which is putting a serious strain on the European community. It threatens to create a new fault line splitting the EU, in addition to the one that yawned during the euro crisis. The Summit will not only discuss the causes of the current refugee crisis, but most crucially how the currently challenging state of affairs can be turned into a win-win situation for both the newcomers and Europe’s ageing societies. How can a comprehensive integration of refugees and migrants be best accomplished? How can Europe contribute to solving the causes of the refugee crisis? How are the source countries being affected by the massive exodus, and how can such countries be effectively integrated into a dialogue? read on 15th Munich Economic Summit: “Migration – Challenge or Opportunity?"

Next Events

  1. Opening Hours of Polling Stations and Voter Turnout: Evidence from a Natural Experiment

    • 29.06.2016, 12:00 PM - 01:00 PM
    • Ifo Lunchtime Seminar
    • Niklas Potrafke
    • Ifo Institute, Ludwig Erhard Hall, Poschingerstr. 5, Munich

  2. The Economics of Urban Sprawl, Part II

    • 30.06.2016, 09:30 AM - 11:50 AM
    • CES Lecture
    • Jan Brueckner, University of California, Irvine
    • CES, Schackstr. 4/II, seminar room (207)

    Analytics

  3. The Real Effects of the Removal of Government Guarantees in the Banking Sector: The Case of the German Guarantor's Liability

    • 30.06.2016, 12:00 PM - 01:00 PM
    • Public Economics Seminar
    • Susanne Wildgruber, CES, LMU Munich
    • CES, Schackstr. 4/II, seminar room (207)

  4. "Migration – Challenge or Opportunity?"

    • 30.06.2016, 01:30 PM - 01.07.2016, 01:00 PM
    • Munich Economic Summit
    • Hotel Bayerischer Hof. Promenadeplatz 2-6, 80333 Munich

    This year’s Summit will deal with the ramifications of the largest migration wave in the post-war period, which is putting a serious strain on the European community. It threatens to create a new fault line splitting the EU, in addition to the one that yawned during the euro crisis. The Summit will not only discuss the causes of the current refugee crisis, but most crucially how the currently challenging state of affairs can be turned into a win-win situation for both the newcomers and Europe’s ageing societies. How can a comprehensive integration of refugees and migrants be best accomplished? How can Europe contribute to solving the causes of the refugee crisis? How are the source countries being affected by the massive exodus, and how can such countries be effectively integrated into a dialogue?

  5. CESifo Delphi Conference 2016 on Innovation

    • 01.07.2016, 09:00 AM - 02.07.2016, 05:00 PM
    • CESifo Conference
    • CESifo Conference Centre, Poschingerstrasse 5, 81679 Munich

    On 01-02 July 2016 CESifo and the Department of International and European Economic Studies (DIEES) of the Athens University of Economics and Business (AUEB) will organise a conference on Innovation. The organisers invite the submission of papers or extended abstracts (300-500 words). Please refer to the call for papers for further details.

  6. Please help yourself.

    • 04.07.2016, 11:10 AM - 12:40 PM
    • Lunchtime Seminar TU Dresden
    • Xenia Frei
    • TU Dresden, Sitzungszimmer der Fakultät Wirtschaftswissenschaften, Raum SCH B 037

  7. The economic integration of refugees in Germany

    • 04.07.2016, 12:00 PM - 01:00 PM
    • CEMIR Seminar
    • Yvonne Giesing, LMU München
    • Ifo Institute, Oskar-Anderson-Room, Poschingerstr. 5, Munich

Just released

  1. Cover Image Felbermayr, Gabriel, Meinhard Knoche and Ludger Wößmann (Hrsg.), Hans-Werner Sinn und 25 Jahre deutsche Wirtschaftspolitik, Hanser, München, 2016, 281 , Information | Details

  2. Cover Image Sinn, Hans-Werner, Der Euro: Von der Friedensidee zum Zankapfel, Hanser Verlag, 2015, 480 , Information | Details

Journals

  1. Cover Image "ifo Schnelldienst 12/2016", ifo Institut, München, 2016, 03-73 | Details

  2. Cover Image "ifo Dresden berichtet 3/2016", ifo Institut, Dresden, 2016 | Details | PDF Download

  3. Cover Image "CESifo Forum Special Issue 2016 (May): Retirement of Hans-Werner Sinn", Ifo Institute, Munich, 2016, 53 | Details | PDF Download | EPUB Download

  4. Cover Image "ifo-GfK-Konsumreport 05/2016", ifo Institut; GfK Marktforschung, München; Nürnberg, 2016 | Details | PDF Download

  5. Cover Image "ifo Schnelldienst 11/2016", ifo Institut, München, 2016 | Details

  6. Cover Image "ifo Konjunkturperspektiven 05/2016", ifo Institut, München, 2016 | Details

Books

  1. Cover Image Schubert, Antje, Johannes Steinbrecher, Marcel Thum and Michael Weber, Auswirkungen des flächendeckenden Mindestlohns auf die gewerbliche Wirtschaft im Freistaat Sachsen, ifo Dresden Studien 77, ifo Institut, 2016, Gutachten im Auftrag der Industrie- und Handelskammer Chemnitz | Details | PDF Download

  2. Cover Image Schinke, Christoph, Wealth and Politics: Studies on Inter Vivos Transfers and Partisan Effects, ifo Beiträge zur Wirtschaftsforschung 67, ifo Institut, 2016 | Details | PDF Download

Working Paper

  1. Cover Image Woessmann, Ludger, "The Importance of School Systems: Evidence from International Differences in Student Achievement", CESifo Working Paper No. 5951, June 2016 | Details | PDF Download

  2. Cover Image Sinn, Hans-Werner, "Buffering Volatility: A Study on the Limits of Germany's Energy Revolution", CESifo Working Paper No. 5950, June 2016 | Details | PDF Download

  3. Cover Image Lergetporer, Philipp, Guido Schwerdt, Katharina Werner and Ludger Woessmann, "Information and Preferences for Public Spending: Evidence from Representative Survey Experiments ", CESifo Working Paper No. 5938, June 2016 | Details | PDF Download

  4. Cover Image Battisti, Michele, Gabriel Felbermayr and Sybille Lehwald, "Inequality in Germany: Myths, Facts, and Policy Implications", Ifo Working Paper No. 217, 2016 | Details | PDF Download

  5. Cover Image Hines Jr., James R., Niklas Potrafke, Marina Riem and Christoph Schinke, "Inter Vivos Transfers of Ownership in Family Firms", CESifo Working Paper No. 5923, May 2016 | Details | PDF Download

  6. Cover Image Cinnirella, Francesco and Ruth Maria Schueler, "The Cost of Decentralization: Linguistic Polarization and the Provision of Education", CESifo Working Paper No. 5894, May 2016 | Details | PDF Download

  7. Cover Image Gouda, Moamen and Niklas Potrafke, "Gender Equality in Muslim-Majority Countries", CESifo Working Paper No. 5883, May 2016 | Details | PDF Download

  8. Cover Image Baumgarten, Daniel, Gabriel Felbermayr and Sybille Lehwald, "Dissecting between-plant and within-plant wage dispersion - Evidence from Germany", Ifo Working Paper No. 216, 2016 | Details | PDF Download

  9. Cover Image Felbermayr, Gabriel, "Economic Analysis of TTIP", Ifo Working Paper No. 215, 2016 | Details | PDF Download

  10. Cover Image Potrafke, Niklas and Markus Reischmann, "How to Handle the Crisis in Greece? Empirical Evidence Based on a Survey of Economics Experts", CESifo Working Paper No. 5860, April 2016 | Details | PDF Download