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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. Credit Constraints Rise Marginally

    teaserImage Credit constraints for German trade and industry edged upwards from 14.5 percent in June to 14.6 percent in July. This figure represents the share of companies reporting problems accessing bank credit. The financing environment, especially for banking credit, remains very good for German companies. Details

  2. Germany Redistributes Income Strongly from Top to Bottom

    teaserImage Germany is one of the OECD countries with a particularly low level of income inequality, according to the preliminary results of a study conducted by the Ifo Institute on behalf of the Foundation for Family Business (Stiftung Familienunternehmen). “Germany performs strongly by international comparison when it comes to redistribution,” explains Gabriel Felbermayr, Director of the Ifo Center for International Economics and the study’s managing author. With an average government expenditure ratio, it is possible to strongly reduce the degree of inequality in terms of net income compared to gross income. Details

  3. State of Emergency in France: Is It Impossible to Reform the Country?

    teaserImage Negative reports about France have been piling up for some time. The country is suffering from rising unemployment and permanent budget deficits. Due to its infringement of the Maastricht criteria, the EU threatened France with sanctions; and labour market reforms planned by the French government led to large-scale strikes and blockades. Is a culture of compromise lacking in France? This issue is discussed in ifo Schnelldienst 14/2016 by Henrik Uterwedde, Deutsch-Französisches Institut, Ludwigsburg, Nino Galetti, Konrad-Adenauer-Stiftung, Paris, and Tatjana Saranca, Ronald Bachmann, RWI – Leibniz-Institut für Wirtschaftsforschung, Essen, Eckhard Wurzel, Universities of Göttingen and Konstanz, Ronja Kempin and Aurora Bergmaier, Stiftung Wissenschaft und Politik, as well as Daniela Schwarzer, German Marshall Fund. Details

  4. Ifo Business Climate Index for Eastern Germany Falls

    teaserImage The Ifo Business Climate for trade and industry in the eastern German Länder clouded over somewhat in July on a seasonally adjusted basis. Eastern German companies were markedly less satisfied with their current business situation than in June. They were, however, marginally more optimistic about business developments for the months ahead. Details

  5. Economists Panel for July 2016: Free Trade Agreements TTIP and CETA and Their Impact

    teaserImage In the July issue of the Economists panel by Ifo and FAZ, economics professors at German universities were surveyed on the planned free trade agreements TTIP and CETA. The majority of participants support the planned free trade agreements between Canada and the EU (CETA) and between the USA and the EU (TTIP). Details

  1. Credit Constraint Indicator - From the Ifo Business Survey for July 2016

    Credit Constraints Rise Marginally

    Jul 29, 2016: Credit constraints for German trade and industry edged upwards from 14.5 percent in June to 14.6 percent in July. This figure represents the share of companies reporting problems accessing bank credit. The financing environment, especially for banking credit, remains very good for German companies. Details

  2. Results of the Ifo Business Survey for July 2016

    Ifo Business Climate Index for Eastern Germany Falls

    Jul 28, 2016: The Ifo Business Climate for trade and industry in the eastern German Länder clouded over somewhat in July on a seasonally adjusted basis. Eastern German companies were markedly less satisfied with their current business situation than in June. They were, however, marginally more optimistic about business developments for the months ahead. Details

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

    German Companies Continue Search for Staff

    Jul 27, 2016: Potentially higher uncertainty in the wake of the Brexit vote failed to have any negative influence on German companies’ willingness to recruit staff this month. The Ifo Employment Barometer edged upwards to 108.1 index points in July and German companies still plan to recruit additional staff, especially in the service sector. Details

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

    Export Expectations Fall

    Jul 26, 2016: German business expect fewer stimuli from abroad. Their export expectations fell from 7.9 balance points in June to 5.0 balance points in July. The decline is partly due to uncertainty caused by the Brexit vote. Details

  5. Results of the July 2016 Ifo Business Survey

    Ifo Business Climate Deteriorates Slightly

    Jul 25, 2016: Sentiment in the German economy weakened slightly in the wake of the Brexit referendum. The Ifo Business Climate Index fell from 108.7 points in June to 108.3 points in July. This was due to far less optimistic business expectations on the part of companies. Assessments of the current business situation, by contrast, improved slightly. The German economy proves resilient. Details

  6. Results of the July 2016 Ifo Business Survey

    German Service Sector: Ifo Business Climate Indicator Rises

    Jul 25, 2016: In the service sector the mood continued to brighten. The business climate indicator rose to 27.6 balance points in July from 27.3 balance points in June. Assessments of the current business situation were downwardly revised slightly, but remained at a very good level. Business expectations, by contrast, improved significantly. In line with these developments, service providers one again plan to recruit more staff. Details

  7. Ifo Export Climate for June 2016

    Ifo Export Climate Indicator Rises Sharply

    Jul 25, 2016: The Ifo Export Climate indicator rose from 0.17 index points in May to 0.39 points in June. The sharp rise was particularly due to an improvement in corporate and consumer confidence abroad, while the slight upturn in price competitiveness also had a stimulating effect on the climate. Details

  8. Regional evaluation for Saxony of the Ifo Business Survey in June 2016

    Ifo Business Climate Index for Saxony Falls

    Jul 10, 2016: Ahead of the Brexit Referendum the Ifo Business Climate in Saxony clouded over. The Ifo Business Climate Index for German and Eastern German trade and industry, by contrast, rose. In the Free State of Saxony survey participants downwardly corrected their assessments of their current business situation and their business expectations slightly after recent sharp increases. Details

  9. Results of the Ifo Business Survey for June 2016

    Ifo Business Climate Index for Eastern Germany Rises

    Jun 30, 2016: Ahead of the Brexit referendum, the Ifo Business Climate Index for trade and industry in the eastern German Länder rose marginally in June. Eastern German companies assessed their current business situation as somewhat better than last month and the six-month business outlook deteriorated only negligibly. Overall, sentiment remains positive. Details

  10. Credit Constraint Indicator - From the Ifo Business Survey for June 2016

    Credit Constraints Edge Upwards

    Jun 29, 2016: Credit constraints for German trade and industry crept up to 14.5 percent from 14.2 percent last month. This figure represents the share of companies reporting problems accessing bank credit. German firms still have no problems obtaining bank loans and this climate is not expected to change in the months ahead. Details

ifo Branchen-Dialog (Ifo Industry Colloquium) 2016

ifo Branchen-Dialog (Ifo Industry Colloquium) 2016

The Ifo Industry Colloquium provides a platform for competent and controversial discussions of economic and structural trends. It also critically discusses the economic analysis provided by the joint forecast of the German research institutes and applies this analysis at an industry level.

9th November 2016, IHK Akademie München, Orleansstrasse 10–12. read on ifo Branchen-Dialog (Ifo Industry Colloquium) 2016

Next Events

  1. CESifo Area Conference on Economics of Education

    • 02.09.2016, 09:00 AM - 03.09.2016, 07:00 PM
    • CESifo Conference
    • CESifo Conference Centre, Poschingerstrasse 5, 81679 Munich

    The 2016 CESifo Area Conference on the Economics of Education, organised by Eric A. Hanushek (Stanford University, Area Director) and Ludger Woessmann (Ifo Institute), aims to bring together Network members to discuss their recent research and to encourage broader interactions, particularly on both sides of the Atlantic. All CESifo research network members are invited to submit their papers, which may deal with any topic within the broad domain of the Economics of Education. The Jacobs Foundation Lecture will be delivered by Joseph G. Altonji (Yale University). Details

  2. The behavioral economics of resource conservation, Part I

    • 05.09.2016, 10:15 AM - 11:45 AM
    • CES Lecture
    • Lorenz Goette, University of Bonn
    • CES, Schackstr. 4/II, seminar room (207)

    Introduction

  3. The behavioral economics of resource conservation, Part II

    • 06.09.2016, 10:15 AM - 11:45 AM
    • CES Lecture
    • Lorenz Goette, University of Bonn
    • CES, Schackstr. 4/II, seminar room (207)

    Aggregate consumption feedback

  4. The behavioral economics of resource conservation, Part III

    • 07.09.2016, 10:15 AM - 11:45 AM
    • CES Lecture
    • Lorenz Goette, University of Bonn
    • CES, Schackstr. 4/II, seminar room (207)

    Behaviour-specific feedback

  5. Dresdner Vorträge zur Wirtschaftspolitik

    • 07.09.2016, 06:30 PM - 08:00 PM
    • Dresdner Vorträge zur Wirtschaftspolitik
    • Prof. Dr. Michael Voigtländer, Leiter des Kompetenzfeldes Finanzmärkte und Immobilienmärkte am Institut der Deutschen Wirtschaft (IW) Köln
    • ifo Niederlassung Dresden, Einsteinstraße 3, Dresden

  6. 6th "Regional Economics" Workshop

    • 15.09.2016, 12:00 AM - 16.09.2016, 12:00 AM
    • Ifo Workshop
    • Ifo Institute, Dresden Branch

    The Ifo Institute, Dresden Branch, and the Technische Universität Braunschweig are pleased to announce the 6th Ifo Dresden Workshop on Regional Economics. The workshop aims at facilitating the networking of young scientists and at promoting the exchange of their latest research across the range of regional economics, persistency in regional inequality, regional structural change and growth-enhancing regional policies. Policy relevant contributions, either theoretical or applied, are highly welcome. We particularly encourage PhD students to submit their latest research. Details

  7. Expectations and Human Capital Investments, Part I

    • 04.10.2016, 10:15 AM - 11:45 AM
    • CES Lecture
    • Basit Zafar, Federal Reserve Bank of New York
    • CES, Schackstr. 4/II, seminar room (207)

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

Journals

  1. Cover Image "ifo Schnelldienst 14/2016", ifo Institut, München, 2016, 03-37 | Details

  2. Cover Image "ifo Schnelldienst 13/2016", ifo Institut, München, 2016, 01-72 | Details

  3. Cover Image "CESifo DICE Report 2/2016 (Summer): Crowdfunding", Ifo Institute, Munich, 2016, 01-72, Section: Forum | Details | PDF Download

  4. Cover Image "ifo-GfK-Konsumreport 06/2016", ifo Institut; GfK Marktforschung, München; Nürnberg, 2016 | Details | PDF Download

  5. Cover Image "ifo Konjunkturperspektiven 06/2016", ifo Institut, München, 2016 | Details

Books

  1. Cover Image Dieler, Julian, Effectiveness of Climate Policies: Empirical Methods and Evidence, ifo Beiträge zur Wirtschaftsforschung 68, ifo Institut, 2016 | Details | PDF Download

Working Paper

  1. Cover Image Felbermayr, Gabriel, Rahel Aichele and Inga Heiland, "Going Deep: The Trade and Welfare Effects of TTIP Revised", Ifo Working Paper No. 219, 2016 | Details | PDF Download

  2. Cover Image Anderberg, Dan, Helmut Rainer and Kerstin Roeder, "Family-Specific Investments and Divorce: A Theory of Dynamically Inconsistent Household Behavior", CESifo Working Paper No. 5996, July 2016 | Details | PDF Download

  3. Cover Image Sen, Suphi and Herman R. J. Vollebergh, "The Effectiveness of Taxing Carbon Content of Energy Consumption", CESifo Working Paper No. 6003, July 2016 | Details | PDF Download

  4. Cover Image Kauder, Björn, Niklas Potrafke and Heinrich Ursprung, "Behavioral Determinants of Proclaimed Support for Environment Protection Policies", CESifo Working Paper No. 5993, July 2016 | Details | PDF Download

  5. Cover Image Fischer, Mira, Björn Kauder, Niklas Potrafke and Heinrich W. Ursprung, "Support for free-market policies and reforms: Does the field of study influence students’ political attitudes?", Ifo Working Paper No. 218, 2016 | Details | PDF Download

  6. Cover Image Benz, Sebastian, Wilhelm Kohler and Erdal Yalcin, "Offshoring and Volatility of Demand", CESifo Working Paper No. 5970, June 2016 | Details | PDF Download

  7. 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

  8. 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

  9. 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

  10. 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