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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. Euro Crisis: Topical Comments of Ifo President Hans-Werner Sinn

    teaserImage In Sinn’s Corner, the Ifo President’s articles and comments on current political topics are grouped together under various topics. Read more on the euro crisis. Details

  1. Export Outlook Continues to Cloud Over

    teaserImage The export expectations for German companies continued to decline this month, falling to 7.6 balance points in July from 9.2 points in June. The increase in exports continued to weaken. The expansive effects of the euro depreciation are slowly dissipating. In addition, cautious economic activity in several emerging economies is having a negative impact on the German export dynamic. Details

  2. Ifo Business Climate Index Rises

    teaserImage The Ifo Business Climate Index for German trade and industry rose to 108.0 points in July from 107.5 points last month. Assessments of the current business situation improved significantly after last month’s setback. Business expectations were also somewhat more optimistic after declining for three consecutive months. The recent easing of the Greece situation contributed to stronger sentiment in the German economy. Details

  3. German Service Sector: Ifo Business Climate Indicator for the Service Sector Falls

    teaserImage The Ifo Business Climate Indicator for the German service sector fell to 25.9 balance points in July from 27.4 points last month. While very favourable assessments of the current business situation improved slightly, optimistic business expectations were scaled back. Service providers expect to implement fewer price increases in the months ahead. Details

  4. Export Climate Improves Slightly

    teaserImage The Ifo Export Climate improved from 0.10 index points in May to 0.21 points in June. While corporate and consumer confidence abroad remained nearly unchanged, price competitiveness made a positive contribution. This was due to a more subdued dynamic in the euro exchange rate. After appreciating significantly in May, this dynamic virtually ground to a halt in June. Details

  5. DICE Databank: Video Operating Instructions

    teaserImage The Database for Institutional Comparisons in Europe – DICE – a descriptive database on institutional regulations by international comparison is a free service product provided by the Ifo Institute in English. New videos explain how to use the databank so that users can accurately find country-comparative, systematic analyses of institutional regulations, legal regulations and their application. Details

  1. Ifo Export Expectations - Ifo Business Survey for July 2015

    Export Outlook Continues to Cloud Over

    Jul 28, 2015: The export expectations for German companies continued to decline this month, falling to 7.6 balance points in July from 9.2 points in June. The increase in exports continued to weaken. The expansive effects of the euro depreciation are slowly dissipating. In addition, cautious economic activity in several emerging economies is having a negative impact on the German export dynamic. Details

  2. Results of the July 2015 Ifo Business Survey

    Ifo Business Climate Index Rises

    Jul 27, 2015: The Ifo Business Climate Index for German trade and industry rose to 108.0 points in July from 107.5 points last month. Assessments of the current business situation improved significantly after last month’s setback. Business expectations were also somewhat more optimistic after declining for three consecutive months. The recent easing of the Greece situation contributed to stronger sentiment in the German economy. Details

  3. Results of the July 2015 Ifo Business Survey

    German Service Sector: Ifo Business Climate Indicator for the Service Sector Falls

    Jul 27, 2015: The Ifo Business Climate Indicator for the German service sector fell to 25.9 balance points in July from 27.4 points last month. While very favourable assessments of the current business situation improved slightly, optimistic business expectations were scaled back. Service providers expect to implement fewer price increases in the months ahead. Details

  4. Ifo Export Climate for June 2015

    Export Climate Improves Slightly

    Jul 27, 2015: The Ifo Export Climate improved from 0.10 index points in May to 0.21 points in June. While corporate and consumer confidence abroad remained nearly unchanged, price competitiveness made a positive contribution. This was due to a more subdued dynamic in the euro exchange rate. After appreciating significantly in May, this dynamic virtually ground to a halt in June. Details

  5. Regional evaluation for Saxony of the Ifo Business Survey in June 2015

    Turbulence in Greece Fuels Uncertainty in the Saxon Economy

    Jul 22, 2015: The Ifo Business Climate Index for German trade and industry fell to 107.4 points in June from 108.5 last month. The climate indicators for the eastern German Länder overall and for Saxony also declined markedly. The Saxon companies surveyed are no longer as satisfied with their current business situation as last month. Pessimism regarding business expectations, by contrast, dissipated slightly. The turbulence surrounding Greece is increasingly unsettling companies in Saxony. Details

  6. Ifo Export Climate for May 2015

    Falling Competitiveness Cools Export Climate

    Jul 1, 2015: The Ifo Export Climate fell from 0.30 index points in April to 0.10 points in May 2015. Corporate and consumer confidence abroad improved somewhat compared to last month. Competitiveness, by contrast, deteriorated. Details

  7. Credit Constraint Indicator - From the Ifo Business Survey for June 2015

    Credit Constraints Hit Successive Historic Lows

    Jun 29, 2015: It has never been so easy for German companies to access bank credit. Credit constraints for German companies fell to 15.1 percent in June from 15.7 percent last month, hitting a historic low once again. The flood of money in Europe from the European Central Bank is having an impact. German companies are almost being pressed to accept bank loans. Details

  8. Results of the Ifo Business Survey for June 2015

    Ifo Business Climate for Eastern Germany Clouds Over

    Jun 26, 2015: The Ifo Business Climate Index for industry and trade in eastern Germany fell in June from 107.2 points in May to 105.7 points this month. This brings the climate indicator back down to a level last seen in mid-2013. The deterioration in the business climate was due to assessments of the current business situation, which were markedly more cautious. Moreover, eastern German survey participants continued to assess their six-month business outlook somewhat less favourably. The wrestling over Greece is sparking uncertainty in the eastern German economy. Details

  9. Ifo Employment Barometer - Results of the Ifo Business Survey for June 2015

    German Companies Scale Back Recruitment Plans Slightly

    Jun 26, 2015: German companies are currently hiring a slightly lower number of new staff than in May. The Ifo Employment Barometer edged downwards in June to 107.8 index points from 108.2 points last month. The service sector remains the main driver behind these developments. Details

  10. Ifo Export Expectations - Ifo Business Survey for June 2015

    Export Outlook for Manufacturing Somewhat Less Optimistic

    Jun 25, 2015: The export expectations for German manufacturing clouded over a little this month, falling to 9.2 balance points in June from 10.4 points in May. This marks the third consecutive decrease. The increase in exports continued to weaken. The expansive effects of the euro depreciation are slowly disappearing. Details

ifo Branchen-Dialog (Ifo Industry Colloquium) 2015

ifo Branchen-Dialog (Ifo Industry Colloquium) 2015

28th October 2015, IHK Akademie München, Orleansstrasse 10–12.

The Ifo Industry Colloquium is conducted by the Ifo Institute in cooperation with the Chamber of Commerce and Industry for Munich and Upper Bavaria, and with the support of the Bavarian Ministry of Economic Affairs and Media, Energy and Technology. It is held in German.
read on ifo Branchen-Dialog (Ifo Industry Colloquium) 2015

Next Events

  1. Short and Long Run Effects of Networks on Immigrants' Human Capital and Employment

    • 29.07.2015, 12:00 PM - 01:00 PM
    • Ifo Lunchtime Seminar
    • Michele Battisti
    • Ifo Institute, Ludwig Erhard Hall, Poschingerstr. 5, Munich

  2. Tutzinger Sommerakademie: „25 Jahre Deutsche Einheit: Eine wirtschaftliche und soziale Bilanz“

    • 01.09.2015, 02:00 PM - 04.09.2015, 12:00 PM
    • Conference
    • Akademie für politische Bildung, Tutzing

    Demokratie und Freiheit, aber auch materieller Wohlstand, waren die zentralen Hoffnungen der ostdeutschen Bevölkerung, als es darum ging, die Wende zu erkämpfen und die Mauer niederzureißen. Der Traum von blühenden Landschaften blieb aber zunächst unerfüllt. Vor allem die hohe Arbeitslosigkeit führte zu Frustrationen und Ernüchterung. Erhebliche Transferleistungen aus dem Westen konnten jedoch die sozialen Härten abfedern. Zudem ermöglichten gewaltige Investitionen eine bemerkenswerte Runderneuerung der Infrastruktur, Industrie und Bausubstanz. 25 Jahre deutsche Wiedervereinigung bieten Anlass, Bilanz zu ziehen und die Frage zu stellen, ob die Hoffnung auf „Wohlstand für alle“ in Ostdeutschland sich erfüllt hat.

  3. East Side Story: Historic Pollution and Neighborhood Segregation

    • 02.09.2015, 12:00 PM - 01:00 PM
    • Ifo Lunchtime Seminar
    • Stephan Heblich
    • Ifo Institute, Ludwig Erhard Hall, Poschingerstr. 5, Munich

  4. CEPAR & CESifo Workshops: Pension Taxation, Population Ageing, and Globalisation (Part 2, Munich)

    • 03.09.2015, 09:00 AM - 04.09.2015, 05:00 PM
    • CESifo Conference
    • CESifo Conference Centre, Poschingerstrasse 5, 81679 Munich

    This conference will take the form of two inter-related and sequential workshops on Pension Taxation, Population Ageing, and Globalisation, organised jointly by CEPAR and CESifo. The first workshop will be a 2-day event in Sydney on November 17-18 2014, at which first drafts of selected papers will be presented and the Australian perspective will get more attention. A second 2-day workshop will take place in Munich on September 3-4, 2015, where revised and further papers with a European/international perspective will be presented. Please refer to the call for papers for further details. Details

  5. 5th "Regional Economics" Workshop

    • 10.09.2015, 11:00 AM - 11.09.2015, 02:00 PM
    • Ifo Workshop
    • Ifo Institute, Dresden Branch

    This year’s workshop on „Regional Economics“ is hosted by the Dresden branch of the ifo Institute and jointly organized with the Technische Universität Braunschweig. The two-day workshop is supposed to provide a forum for the discussion of current research findings. Especially, it addresses itself to young scientists that are working in the field of regional economics. Details

Just released

  1. Cover Image Sinn, Hans-Werner, "The Greek Tragedy", CESifo Forum 16 Special Issue 2015 (June), 2015, 5-35, Updated graphs and figures | Deutsche Version | Details | PDF Download | EPUB Download

  2. Cover Image Sinn, Hans-Werner, "Die griechische Tragödie ", ifo Schnelldienst 68 (Sonderausgabe Mai), 2015, 03-33, (Update) | Aktualisierte Grafiken und Tabellen | English version | Details | PDF Download | EPUB Download

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

Journals

  1. Cover Image "ifo Schnelldienst 13/2015", ifo Institut, München, 2015, 03-62 | Details

  2. Cover Image "ifo-GfK-Konsumreport 06/2015", ifo Institut; GfK Marktforschung, München; Nürnberg, 2015 | Details | PDF Download

  3. Cover Image "ifo Konjunkturperspektiven 06/2015", ifo Institut, München, 2015 | Details

Books

  1. Cover Image Felbermayr, Gabriel, Erdal Yalcin, Alexander Sandkamp and Philipp Lang, Beschäftigungseffekte der Exportkreditgarantien des Bundes und globale Wertschöpfungsketten, ifo Forschungsberichte 68, ifo Institut, 2015 | Details | PDF Download

Working Paper

  1. Cover Image Reischmann, Markus, "Creative Accounting and Electoral Motives: Evidence from OECD Countries", Ifo Working Paper No. 201, 2015 | Details | PDF Download

  2. Cover Image Reinhart, Carmen M. and Christoph Trebesch, "Sovereign Debt Relief and its Aftermath", CESifo Working Paper No. 5422, June 2015 | Details | PDF Download

  3. Cover Image Schwerdt, Guido and Ludger Woessmann, "The Information Value of Central School Exams", CESifo Working Paper No. 5404, June 2015 | Details | PDF Download

  4. Cover Image Hanushek, Eric A., Jens Ruhose and Ludger Woessmann, "Human Capital Quality and Aggregate Income Differences: Development Accounting for U.S. States", CESifo Working Paper No. 5411, June 2015, Also published as: NBER Working Paper No. 21295 (PDF) | Details | PDF Download

  5. Cover Image Ngo, Ha Quyen, Niklas Potrafke, Marina Riem and Christoph Schinke, "Ideology and Dissent among Economists: The Joint Economic Forecast of German Economic Research Institutes", CESifo Working Paper No. 5393, June 2015 | Details | PDF Download

  6. Cover Image Arnold, Nadjeschda and Ray Rees, "The Sovereign Default Problem in the Eurozone: An Insurance-Based Approach", CESifo Working Paper No. 5389, June 2015 | Details | PDF Download

  7. Cover Image Sinn, Hans-Werner, "The Green Paradox: A Supply-side View of the Climate Problem", CESifo Working Paper No. 5385, June 2015 | Details | PDF Download

  8. Cover Image Eppinger, Peter and Niklas Potrafke, "Did Globalization Influence Credit Market Deregulation", CESifo Working Paper No. 5374, May 2015 | Details | PDF Download

  9. Cover Image Angerer, Silvia, Daniela Glätzle-Rützler, Philipp Lergetporer and Matthias Sutter, "Cooperation and discrimination within and across language borders: Evidence from children in a bilingual city", Ifo Working Paper No. 200, 2015 | Details | PDF Download

  10. Cover Image Schulz, Bastian, "Wage Rigidity and Labor Market Dynamics with Sorting", Ifo Working Paper No. 199, 2015 | Details | PDF Download