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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 Continues to Rise

    teaserImage 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

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

    teaserImage 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

  3. Structural Analysis of the Eastern German Chemicals Industry

    teaserImage The chemicals and pharmaceutical industries are major drivers of growth in the German economy. On the basis of the turnover generated by these industries domestically and abroad, they are among the biggest sectors in Germany. Moreover, thanks to its upstream position in the value chain, the chemicals industry in particular is essential to preserving a large number of jobs in other economic sectors. These are the results of a comprehensive overview of the chemical and pharmaceutical industries in Eastern Germany conducted by the Dresden branch of the Ifo Institute on behalf of the Verband der Chemischen Industrie, Landesverband Nordost, and the Arbeitgeberverband Nordostchemie. Details

  4. Housing Market Works in Different Ways Across Germany

    teaserImage The regional rental price level can be explained by factors like disposable income levels, migration trends, characteristics of existing housing and current vacancy rates. These are the results of a recent evaluation of differences in rental prices in Eastern and Western Germany by the Dresden branch of the Ifo Institute. However, the factors cited above have a different impact on rental prices from region to region. Clear differences in the housing markets in Eastern and Western Germany still exist 25 years after German reunification. Details

  5. New Issue of ifo Dresden berichtet 06/2014 Now Available

    teaserImage ifo Dresden berichtet 06/2014 covers issues that include an east-west comparison of the chemical and pharmaceutical industry, migration to Germany following the EU expansion eastwards, the investment behaviour of western and eastern Germans, entrepreneurship in eastern Germany, the Joint Economic Forecast for Autumn 2014 and the difference in rental prices in eastern and western Germany. Details

  1. 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

  2. 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

  3. 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

  4. Ifo Export Climate for October 2014

    Ifo Export Climate Continues to Improve

    Dec 3, 2014: The Ifo Export Climate improved in October to 0.43 index points from 0.34 points last month. The increase was particularly due to a significant improvement in corporate and consumer confidence abroad. Details

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

    Credit Constraints Rise Slightly, But Financing Opportunities Remain Excellent for German Companies

    Nov 28, 2014: Many firms still have no problems accessing bank credit, but credit constraints for German trade and industry rose to 18.3 percent in November from 17.7 percent last month. The ECB’s October bank stress test currently appears to be having no impact on bank lending in Germany. Details

  6. Results of the Ifo Business Survey for November 2014

    Decline in the Ifo Business Climate Index for Eastern Germany Grinds to Halt for Now

    Nov 27, 2014: The Ifo Business Climate for Eastern German trade and industry improved slightly, after deteriorating for four consecutive months. Eastern German companies are more satisfied with their current business situation than last month. However, unfavourable business expectations worsened for the months ahead. November offers at least temporary respite for Eastern Germany’s flagging economy. Details

  7. Ifo Employment Barometer - Results of the Ifo Business Survey for November 2014

    Firms Far More Reticent About Recruiting

    Nov 26, 2014: Only isolated German companies plan to recruit more staff. The Ifo Employment Barometer fell to 105.4 index points in November, after 106.9 points in October. For the moment there is only a slightly positive employment dynamic. Details

  8. Results of the November 2014 Ifo Business Survey

    Ifo Business Climate Index Rises

    Nov 24, 2014: The Ifo Business Climate Index for industry and trade in Germany rose in November to 104.7 points from 103.2 points in October. The business climate previously deteriorated six times in a row. Assessments of the current business situation are slightly more favourable than last month. Expectations with regard to the months ahead are also brighter. The downturn in the German economy has ground to a halt for the moment at least. Details

  9. Results of the November 2014 Ifo Business Survey

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

    Nov 24, 2014: The Ifo Business Climate Indicator for the German service sector fell in November to 19.3 balance points, from 23.8 points in the previous month. Service providers slightly scaled back their assessments of the current business situation, which nevertheless remained very good. They are also somewhat less optimistic about future business developments. Service providers still plan to recruit additional staff, but their willingness to do so fell to its lowest level in over a year. Details

  10. Results of the Ifo World Economic Survey (WES) of 4th quarter 2014 (13 November 2014)

    Ifo World Economic Climate Clouds Over Heavily

    Nov 13, 2014: The Ifo Index for the world economy fell to 95.0 points from 105.0 points in the previous quarter, reaching its lowest level since the third quarter of 2013. It is now below its long-term average of 95.5 points. Assessments of the current economic situation deteriorated only slightly. Economic expectations, however, were strongly downwardly revised. The upswing in the world economy is suffering a setback. Details

Seminar series

Demokratie oder Gerontokratie – zur Systemrelevanz des Wahlalters

Demokratie oder Gerontokratie – zur Systemrelevanz des Wahlalters

Munich Seminar with Professor Kurt-Peter Merk, Hochschule Koblenz

Monday, 19. Januar 2015, 6.00 p.m.
Ifo Institute

The lecture will be given in German. read on Demokratie oder Gerontokratie – zur Systemrelevanz des Wahlalters

Next Events

  1. Modernization, Repression, and Democratic Institutions in Non-Democratic Political Regime

    • 05.01.2015, 11:10 AM - 12:40 PM
    • Lunchtime Seminar TU Dresden
    • Martin Rößler
    • TU Dresden, Sitzungszimmer der Fakultät Wirtschaftswissenschaften, Raum SCH B 037

  2. Measuring the Efficiency of German Universities: An Application of Efficient Frontier Functions

    • 12.01.2015, 11:10 AM - 12:40 PM
    • Lunchtime Seminar TU Dresden
    • Sabine Gralka
    • TU Dresden, Sitzungszimmer der Fakultät Wirtschaftswissenschaften, Raum SCH B 037

  3. Internal Seminar of the CESifo Group

    • 12.01.2015, 12:00 PM - 01:00 PM
    • Internal Seminar of the CESifo Group
    • Christian Beermann, LMU
    • CES, Schackstr. 4/II, seminar room (207)

  4. Topics in the Economics of Migration

    • 13.01.2015, 10:15 AM - 11:45 AM
    • CES Lecture
    • David Jaeger, City University of New York
    • Schackstr. 4/II, seminar room (207)

    Who Migrates?

  5. Hans Möller Seminar

    • 13.01.2015, 05:00 PM - 06:15 PM
    • Hans Möller Seminar
    • Philipp Schmidt-Dengler, University of Mannheim
    • International Economics, Ludwigstr. 28/II, Library (room 221)

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 "ifo Dresden berichtet 6/2014", ifo Institut, Dresden, 2014 | Details | PDF Download

  2. Cover Image "ifo Schnelldienst 23/2014", ifo Institut, München, 2014, 03-69 | Details

  3. Cover Image "ifo-GfK-Konsumreport 11/2014", ifo Institut; GfK Marktforschung, München; Nürnberg, 2014 | Details | PDF Download

  4. Cover Image "ifo Konjunkturperspektiven 11/2014", ifo Institut, München, 2014 | Details

  5. Cover Image "ifo Schnelldienst 22/2014", ifo Institut, München, 2014, 03-55 | Details

  6. Cover Image "CESifo World Economic Survey November 2014", Ifo Institute, Munich, 2014 | Details | PDF Download

Working Paper

  1. Cover Image Hanushek, Eric A., Marc Piopiunik and Simon Wiederhold, "The Value of Smarter Teachers: International Evidence on Teacher Cognitive Skills and Student Performance", CESifo Working Paper No. 5120, December 2014 | Details | PDF Download

  2. Cover Image Seiler, Christian, "Mode Preferences in Business Surveys: Evidence from Germany", Ifo Working Paper No. 193, 2014 | Details | PDF Download