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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. TTIP’s Potential Impact on Third Countries

    teaserImage TTIP will not only affect its negotiation partners, but will also potentially impact developing and emerging economies. On the one hand, higher income in the EU and the USA will increase demand for goods and services in third countries, which should benefit them. On the other hand, the agreement can be expected to divert trade flows from TTIP partners away from third countries, which will be detrimental to them. In a new study commissioned by the German Federal Ministry for Economic Cooperation and Development, the Ifo Institute and the IAW Tübingen jointly explore how threats to emerging countries can be minimised and opportunities can be maximised, to turn the agreement into the basis for a new and fair world trading system. Details

  2. A Better World: Has Capitalism Run Its Course?

    teaserImage “A Better World: Has Capitalism Run Its Course?” is the title of a lecture to be given by Giacomo Corneo, Professor for Public Finance and Social Policy at the Freie Universität (FU) Berlin, on 28 January 2015. His lecture will offer an overview of the potential alternatives to capitalism and explore the inevitable problems that arise when the combination of private property and financial markets is abandoned. The event will take place at Ifo’s Dresden Branch as one of the Dresdner Vorträge zur Wirtschaftspolitik and will commence at 6.30 p.m. Details

  3. Ifo President Sinn Criticises ECB Decision

    teaserImage Ifo President Hans-Werner Sinn has criticised the quantitative easing decisions of the European Central Bank: “This is tantamount to illegal government financing through the money-printing press. If the ECB buys sovereign bonds, the governments will issue new bonds, in effect drawing their funding from the printing press. This is prohibited by Article 123 of the EU Treaty and would require clearing by the German Constitutional Court”. Details

  4. Looking at Europe from Prague

    teaserImage Václav Klaus, former Minister President and former President of the Czech Republic, will present his views on present and future developments in Europe as part of the Munich Seminar series. His lecture: “Looking at Europe and Its Stagnating Economy from Prague” will be given in English on 26 January 2015 at 6.00 p.m. in the Ludwig-Erhard-Saal of the Ifo Institute and will be livestreamed via the internet. Details

  5. Free Trade, Globalisation, Protectionism – Global Economic Perspectives

    teaserImage The Evangelische Akademie Tutzing and the Ifo Institute are jointly organising a conference to be held on 6-8 February 2015 on the economic risks and opportunities of transatlantic free trade. The conference will take place at the Evangelische Akademie Tutzing, Schlossstraße 2-4, 82327 Tutzing. It will commence on Friday, 6 February 2015 at 6.00 p.m. Details

  1. Ifo Manager Survey

    Ifo Manager Survey December 2014

    Jan 16, 2015: The telephone survey, which was introduced already in 1988 as a supplement to the other Ifo surveys, proved to be an important instrument for particular sensitive issues. In addition to the four polls commissioned by Wirtschaftswoche, the Ifo Institute surveyed the participants of more then 1000 manufacturing companies, construction firms, distributors and service providers on other topical issues. The results are published in Wirtschaftswoche and in ifo Schnelldienst. Details

  2. Regional evaluation for Saxony of the Ifo Business Survey in December 2014

    Saxon Economy Ends Year on a Positive Note

    Jan 10, 2015: The Ifo Business Climate Index for German trade and industry rose to 105.5 points in December from 104.7 points in the previous month. The climate indicators for Eastern Germany and Saxony also showed a clear improvement. The Saxon companies surveyed were no longer as satisfied with their current economic situation as last month. However, they were far less pessimistic overall about the future; and the business outlook for the first six months of 2015 brightened considerably. The rise in the business climate indicator in Saxony was accompanied by a considerable improvement in the economic outlook for 2015. Details

  3. Ifo Export Climate for November 2014

    Corporate and Consumer Confidence Abroad Remains Stable

    Jan 7, 2015: The Ifo Export Climate edged downwards in November to 0.37 index points from 0.47 points last month. Corporate and consumer confidence abroad remained stable compared to last month. Following a significant improvement in October, competitiveness improved only slightly, hardly providing any positive stimulus in November. Details

  4. Ifo Employment Barometer - Results of the Ifo Business Survey for December 2014

    A Whiff of Optimism in the German Employment Market

    Jan 2, 2015: As the year draws to a close, German companies are planning to recruit more staff. The Ifo Employment Barometer rose to 106.7 index points in December from 105.4 points in November. Service providers were once again the main driver behind this development. Details

  5. Credit Constraint Indicator - From the Ifo Business Survey for December 2014

    German Companies Enjoy Increasingly Easy Access to Bank Credit

    Dec 22, 2014: German companies can currently access bank credit without any major difficulties. Credit constraints for German trade and industry fell to 17.4 percent in December from 18.3 percent last month. This corresponds to the historical low reached in May 2014. As the year draws to a close, the financial environment for German firms therefore remains very good. In turbulent times German companies are seen as a safe harbour for investment capital. Details

  6. Results of the Ifo Business Survey for December 2014

    Ifo Business Climate for Eastern Germany Ends Year Brighter

    Dec 22, 2014: The Ifo Business Climate Index for the Eastern German Länder rose sharply in December. Assessments of the current situation by Eastern German survey participants remained good. Business expectations for the first six months of 2015 were markedly more favourable. As the year draws to a close, positive signals prevail in the Eastern German economy. Details

  7. Results of the Ifo Architects Survey of 4th quarter 2014

    Ifo Architects Survey: Order Backlogs Fall Markedly

    Dec 19, 2014: The business climate clouded over slightly at the beginning of the fourth quarter of 2014 according to the results of the Ifo Institute’s survey of freelance architects. It nevertheless remains very friendly. Details

  8. Results of the December 2014 Ifo Business Survey

    Ifo Business Climate Index Continues to Rise

    Dec 18, 2014: The Ifo Business Climate Index for industry and trade in Germany rose to 105.5 points in December from 104.7 points last month. Positive assessments of the current business situation remained unchanged. The outlook for the months ahead continued to brighten. Dropping oil prices and a falling euro exchange rate are seasonal gifts to the German economy. Details

  9. Results of the December 2014 Ifo Business Survey

    German Service Sector: Ifo Business Climate for the Service Sector Improves Significantly

    Dec 18, 2014: The Ifo Business Climate Indicator for the German service sector rose in December to 25.6 balance points, from 19.4 points in the previous month. Very favourable assessments of the current business situation continued to improve. Service providers are also far more optimistic about future business developments than in previous months, with expectations rising to their highest level since July 2011. Service providers, especially in the hotel and restaurant industry, still plan to further increase prices. Details

  10. Regional evaluation for Saxony of the Ifo Business Survey in November 2014

    Saxon Economy Stuck in a Downturn

    Dec 10, 2014: The Ifo Business Climate Index for German trade and industry rose to 104.7 index points in November after six consecutive decreases. There was also an upturn in the climate indicator for the Eastern German Länder. The business climate for trade and industry in Saxony, by contrast, deteriorated for the seventh month in succession. Saxon companies no longer assessed their current business situation as favourably as last month. Pessimism continued to prevail in business expectations for the next six months, but future business developments were assessed less unfavourably overall. The renewed decline in the Saxon climate indicator supports last month’s statement, namely that the Saxon economy remains in a downturn. Details

Looking at Europe from Prague

Looking at Europe from Prague

Václav Klaus, former Minister President and former President of the Czech Republic, will present his views on present and future developments in Europe as part of the Munich Seminar series. His lecture: “Looking at Europe and Its Stagnating Economy from Prague” will be given in English on 26 January 2015 at 6.00 p.m. in the Ludwig-Erhard-Saal of the Ifo Institute and will be livestreamed via the internet. read on Looking at Europe from Prague

Transparency, governance and corruption problems

Transparency, governance and corruption problems

Munich Seminar on 09 February 2015 with Dr. Dr. h.c. Stefan Hanselmann, Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) read on Transparency, governance and corruption problems

Next Events

  1. Regional Inequality: A Political Economy Approach

    • 26.01.2015, 11:10 AM - 12:40 PM
    • Lunchtime Seminar TU Dresden
    • Christian Ochsner
    • TU Dresden, Sitzungszimmer der Fakultät Wirtschaftswissenschaften, Raum SCH B 037

  2. Beauty Premium and Marriage Premium in Search Equilibrium: Theory and Empirical Test

    • 26.01.2015, 12:00 PM - 01:00 PM
    • Internal Seminar of the CESifo Group
    • Roberto Bonilla, Newcastle University Business School
    • CES, Schackstr. 4/II, seminar room (207)

  3. Looking at Europe and Its Stagnating Economy from Prague

    • 26.01.2015, 06:00 PM - 07:30 PM
    • Munich Seminar
    • Václav Klaus, former Minister President and former President of the Czech Republic
    • Ifo Institute, Ludwig-Erhard-Hall, Poschingerstr. 5, 81679 Munich

  4. Labour Supply, Human Capital and Tax Reform

    • 27.01.2015, 05:00 PM - 06:15 PM
    • Hans Möller Seminar
    • Sir Richard Blundell, University College London
    • International Economics, Ludwigstr. 28/II, Library (room 221)

  5. Was die Deutschen über die Bildungspolitik denken – Ergebnisse des ersten ifo Bildungsbarometers

    • 28.01.2015, 12:00 PM - 01:00 PM
    • Ifo Lunchtime Seminar
    • Ludger Wößmann
    • Ifo Institute, Ludwig Erhard Hall, Poschingerstr. 5, Munich

Just released

  1. Cover Image Sinn, Hans-Werner, The Euro Trap. On Bursting Bubbles, Budgets, and Beliefs, Oxford University Press, Oxford, 2014, 416 , Information | Details

  2. Cover Image Sinn, Hans-Werner, Gefangen im Euro, Redline Verlag, München, 2014, 224 , Information | Details

Journals

  1. Cover Image "CESifo DICE Report 4/2014 (Winter): Profit Shifting", Ifo Institute, Munich, 2014, 01-63 | Details | PDF Download

  2. Cover Image "ifo Schnelldienst 01/2015", ifo Institut, München, 2015, 01-76 | Details

  3. Cover Image "CESifo Forum 4/2014 (Winter): Free Trade and Prosperity", Ifo Institute, Munich, 2014, 03-39 | Details | PDF Download | EPUB Download

  4. Cover Image "ifo-GfK-Konsumreport 12/2014", ifo Institut; GfK Marktforschung, München; Nürnberg, 2014 | Details | PDF Download

  5. Cover Image "ifo Konjunkturperspektiven 12/2014", ifo Institut, München, 2014 | Details

Working Paper

  1. Cover Image Kluge, Jan, Gunther Markwardt and Christian Thater, "Self-preserving Leviathans - Evidence from Regional-level Data", CESifo Working Paper No. 5177, January 2015 | Details | PDF Download

  2. Cover Image Filote, Andra, Niklas Potrafke and Heinrich Ursprung, "Suicide Attacks and Religious Cleavages", CESifo Working Paper No. 5179, January 2015 | Details | PDF Download

  3. Cover Image Falck, Oliver, Michael Fritsch, Stephan Heblich and Anne Otto, "Music in the Air: Estimating the Social Return to Cultural Amenities", CESifo Working Paper No. 5183, January 2015 | Details | PDF Download

  4. Cover Image Heiland, Inga and Erdal Yalcin, "Export Market Risk and the Role of State Credit Guarantees", CESifo Working Paper No. 5176, January 2015 | Details | PDF Download