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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. Ifo Business Climate Index for Eastern Germany Rises

    teaserImage 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

  2. Worsened Competitiveness Dampens Export Climate

    teaserImage The Ifo Export Climate indicator fell from 0.18 index points in March to 0.09 points in April, but is still above its long-term average. The decline in the climate indicator is due to deterioration in price competitiveness, whereas foreign business confidence declined only slightly. Details

  3. Minimum Wage Detrimental for the “Internship Generation”

    teaserImage The new minimum wage law in Germany has eliminated numerous internship positions. This is the result of the latest Ifo Personnel Manager Survey, conducted for Randstad Deutschland. The number of companies offering internships has roughly halved. Before the introduction of the minimum wage, 70% of the companies said they offered voluntary internships, a number which has now fallen to 34%. This is also the case for compulsory internships, where the percentage of companies likewise fell from 62% to 34%. Details

  4. German Companies Continue to Hire

    teaserImage German companies plan to continue hiring new employees. The Ifo Employment Barometer stands unchanged at 108.2. The employment dynamics in German thus remain slightly expansionary. Details

  5. Rising Export Expectations

    teaserImage German businesses are somewhat more confident with regard to export growth. Export expectations rose from 4.1 in the previous month to 5.9 balance points in May. Global economic momentum remains weak and German exports will only grow slightly as a result. Details

  1. 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

  2. Ifo Export Climate for April 2016

    Worsened Competitiveness Dampens Export Climate

    May 30, 2016: The Ifo Export Climate indicator fell from 0.18 index points in March to 0.09 points in April, but is still above its long-term average. The decline in the climate indicator is due to deterioration in price competitiveness, whereas foreign business confidence declined only slightly. Details

  3. Ifo Employment Barometer - Results of the Ifo Business Survey for May 2016

    German Companies Continue to Hire

    May 27, 2016: German companies plan to continue hiring new employees. The Ifo Employment Barometer stands unchanged at 108.2. The employment dynamics in German thus remain slightly expansionary. Details

  4. Ifo Export Expectations - Ifo Business Survey for May 2016

    Rising Export Expectations

    May 26, 2016: German businesses are somewhat more confident with regard to export growth. Export expectations rose from 4.1 in the previous month to 5.9 balance points in May. Global economic momentum remains weak and German exports will only grow slightly as a result. Details

  5. Results of the May 2016 Ifo Business Survey

    Ifo Business Climate Index Rises

    May 25, 2016: Business confidence in German industry and trade has improved in all four main sectors. In construction a new record high has even been reached. The Ifo Business Climate Index rose from 106.7 points in April (this figure was revised due to the seasonal adjustment) to 107.7 points in May. The companies are significantly more satisfied with their current business situation. In addition, they are noticeably more optimistic with regard to the coming months. The German economy is growing at a robust pace. Details

  6. Results of the May 2016 Ifo Business Survey

    German Service Sector: Ifo Business Climate Indicator Falls

    May 25, 2016: In services, business confidence has weakened somewhat. The indicator fell from 28.0 in April to 24.8 balance points in May. The assessments of the current situation were less favourable but still remain at a very good level. Expectations for the coming months are likewise slightly less optimistic than in the previous month. Hiring plans of the service providers are still expansionary but less so than in the previous month. Details

  7. Ifo Manager Survey

    Ifo Manager Survey April 2016

    May 23, 2016: The Ifo Managers Survey was introduced in 1988 as a supplement to the other surveys of the Ifo Institute. This survey proved to be an important instrument for exploring particularly sensitive topics. The results of the survey, conducted in co-operation with the business weekly, WirtschaftsWoche, of managers in manufacturing, construction, wholesaling and retailing, as well as the service sector are published in WirtschaftsWoche and in ifo Schnelldienst. Details

  8. Results of the Ifo World Economic Survey (WES) of 2nd quarter 2016 (11 May 2016)

    Ifo World Economic Climate Brightens Slightly

    May 11, 2016: The world economic climate improved slightly this quarter. The Ifo Index for the world economy rose from 87.8 points to 90.5 points, thus approaching its long-term average of 96.0 points. Although assessments of the current economic situation deteriorated marginally, economic expectations were more positive than last quarter. Experts expect the world economy to grow by 2.0 percent in 2016 and its recovery remains moderate. Details

  9. Regional evaluation for Saxony of the Ifo Business Survey in April 2016

    Ifo Business Climate Index for Saxony Rises

    May 10, 2016: The Ifo Business Climate for Saxon trade and industry brightened significantly in April. The Ifo Business Climate Index for Germany, by contrast, edged downwards from 106.7 points in March to 106.6 points in April, whereas it rose somewhat in eastern Germany. Saxon survey participants assessed their current business situation equally as favourably as last month and were far less pessimistic overall about their business expectations than in March. Details

  10. Advance results of the Ifo World Economic Survey (WES) of 2nd quarter 2016 (03 May 2016)

    Ifo Economic Climate in the Euro Area Continues to Cloud Over

    May 3, 2016: Economic sentiment in the euro area weakened. The Ifo Index for the economic climate in the euro area continued to fall, declining from 118.9 points to 112.7 points in the second quarter. The index nevertheless remains above its long-term average. The economic climate deteriorated due to both less favourable assessments of the current economic situation and slightly more sceptical business expectations. According to the survey results, economic growth will reach 1.6 percent this year. There are still no signs of a sweeping economic recovery in the euro area. Details

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. Collusion in Auctions with Constrained Bids: Theory and Evidence from Public Procurement

    • 31.05.2016, 05:00 PM - 06:15 PM
    • Hans Möller Seminar
    • Sylvain Chassang, Princeton University
    • International Economics, Ludwigstr. 28/II, Library (room 221)

  2. Geodaten

    • 01.06.2016, 12:00 PM - 01:00 PM
    • Ifo Lunchtime Seminar
    • Herr Scheugenpflug / Herr Schweitzer, Landesamt für Digitalisierung, Breitband und Vermessung
    • Ifo Institute, Ludwig Erhard Hall, Poschingerstr. 5, Munich

  3. Avoiding Taxes: Banks' Use of Internal Debt

    • 02.06.2016, 12:00 PM - 02:00 PM
    • Public Economics Seminar
    • Franz Reiter, LMU Munich
    • CES, Schackstr. 4/II, seminar room (207)

  4. Who to Target in Fundraising? A Field Experiment on Gift Exchange

    • 02.06.2016, 12:00 PM - 02:00 PM
    • Public Economics Seminar
    • Ulrich Glogowsky, LMU Munich
    • CES, Schackstr. 4/II, seminar room (207)

  5. Does bureaucratic competition reduce corruption in public service delivery?

    • 06.06.2016, 11:10 AM - 12:40 PM
    • Lunchtime Seminar TU Dresden
    • Panchali Banerjee
    • TU Dresden, Sitzungszimmer der Fakultät Wirtschaftswissenschaften, Raum SCH B 037

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 10/2016", ifo Institut, München, 2016, 03-74 | Details

  2. Cover Image "CESifo World Economic Survey May 2016", Ifo Institute, Munich, 2016 | Details | PDF Download

  3. Cover Image "ifo Schnelldienst 09/2016", ifo Institut, München, 2016, 03-48 | Details | PDF Download | EPUB Download

  4. Cover Image "CESifo DICE Report 1/2016 (Spring): Taxation of Pensions", Ifo Institute, Munich, 2016, 01-80, Section: Forum | Details | PDF Download

  5. Cover Image "ifo-GfK-Konsumreport 04/2016", ifo Institut; GfK Marktforschung, München; Nürnberg, 2016 | Details | PDF Download

  6. Cover Image "ifo Konjunkturperspektiven 04/2016", ifo Institut, München, 2016 | Details

Working Paper

  1. 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

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

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

  4. 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

  5. Cover Image Apps, Patricia and Ray Rees, "Optimal Taxation, Income Inequality and the Household", CESifo Working Paper No. 5845, April 2016 | Details | PDF Download

  6. Cover Image Karmann, Alexander, Felix Rösel and Markus Schneider, " Produktivitätsmotor Gesundheitswirtschaft: Finanziert sich der medizinisch-technische Fortschritt selbst?", Ifo Working Paper No. 214, 2016 | Details | PDF Download

  7. Cover Image Felbermayr, Gabriel, Jasmin Gröschl and Thomas Steinwachs, "The Trade Effects of Border Controls: Evidence from the European Schengen Agreement", Ifo Working Paper No. 213, 2016 | Details | PDF Download

  8. Cover Image Sen, Suphi, Bertrand Melenberg and Herman R. J. Vollebergh, "Identification and Estimation of the Environmental Kuznets Curve: Pairwise Differencing to Deal with Nonlinearity and Nonstationarity", CESifo Working Paper No. 5837, March 2016 | Details | PDF Download

  9. Cover Image Butz, Alexander and Klaus Wohlrabe, "Die Ökonomen-Rankings 2015 von Handelsblatt, FAZ und RePEc: Methodik, Ergebnisse, Kritik und Vergleich", Ifo Working Paper No. 212, 2016 | Details | PDF Download

  10. Cover Image Qian, Xingwang and Andreas Steiner, "International Reserves, External Debt Maturity, and the Reinforcement Effect for Financial Stability", Ifo Working Paper No. 211, 2016 | Details | PDF Download