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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. “Abenomics” – Structural Reforms in Japan

    teaserImage Since the 1990s Japan has repeatedly experienced phases of economic stagnation and is a cautionary example for other advanced countries like Germany of the negative consequences that delayed structural reforms can have for a country when they are combined with progressive demographic transformation. Against this background, Erdal Yalcin, Ifo Institute, Philip Aanderud and Stefan Nippes look at the latest structural reforms in Japan and analyse them in the light of the country’s major challenges in ifo Schnelldienst 14/2015. Details

  2. Residential Building Permits Rise Markedly in Europe in 2015

    teaserImage The recovery in European residential construction is continuing: in 16 of the 19 EUROCONSTRUCT member countries the volume of construction services looks set to increase in the current year, while growth in nine countries is even forecast to exceed the 3% marker. These are the results of the network’s country forecasts published in June and presented in the latest issue of ifo Schnelldienst. Details

  3. Climate Fee for Coal-Fired Power Stations: Is This the Right Step Towards Achieving Climate Targets?

    teaserImage For a long time the German Federal Ministry for Economic Affairs and Energy favoured an additional climate fee for old coal-fired power stations to achieve German climate goals. With the compromise of 1 July this proposal seems to be off the table. The extent to which alternative proposals will be more effective in achieving mid-to long-term climate policy goals is assessed in ifo Schnelldienst 14/2015 by Erik Gawel and Sebastian Strunz, Helmholtz-Zentrum für Umweltforschung – UFZ, Leipzig, Sonja Peterson, Institut für Weltwirtschaft at the University of Kiel, Hartmut Möllring, Minister for Science and Business in Saxony, Carl-Friedrich Elmer, Martin Faulstich and Christian Hey, Council of Experts for Environmental Issues (SRU), and Felix Höffler, University of Cologne. Details

  4. Credit Constraints Edge Upwards

    teaserImage Credit constraints for German companies rose to 15.4 percent in July from 15.1 percent last month. This put a stop to the trend towards undercutting seen in recent months. Companies, however, still have virtually no problems accessing bank credit. Details

  5. Ifo Business Climate for Eastern German Companies Brightens Considerably

    teaserImage The Ifo Business Climate Index for Eastern German trade and industry rose sharply in July to 107.4 points from 105.8 index points in June, almost compensating for the declines of the past two months. The marked increase in the eastern German climate indicator was due to better assessments of the current business situation. At the same time, assessments of the six-month business outlook were less pessimistic. The agreement reached in principle on Greece is expected to boost the Eastern German economy. Details

  1. Credit Constraint Indicator - From the Ifo Business Survey for July 2015

    Credit Constraints Edge Upwards

    Jul 30, 2015: Credit constraints for German companies rose to 15.4 percent in July from 15.1 percent last month. This put a stop to the trend towards undercutting seen in recent months. Companies, however, still have virtually no problems accessing bank credit. Details

  2. Results of the Ifo Business Survey for July 2015

    Ifo Business Climate for Eastern German Companies Brightens Considerably

    Jul 29, 2015: The Ifo Business Climate Index for Eastern German trade and industry rose sharply in July to 107.4 points from 105.8 index points in June, almost compensating for the declines of the past two months. The marked increase in the eastern German climate indicator was due to better assessments of the current business situation. At the same time, assessments of the six-month business outlook were less pessimistic. The agreement reached in principle on Greece is expected to boost the Eastern German economy. Details

  3. Ifo Employment Barometer - Results of the Ifo Business Survey for July 2015

    Readiness to Recruit Wanes in the German Economy

    Jul 29, 2015: The Ifo Employment Barometer fell in July to 107.2 from 107.8 points last month. Companies in many branches are nevertheless still looking for staff. The positive employment dynamic continued to weaken. Details

  4. 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

  5. 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

  6. 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

  7. 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

  8. 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

  9. 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

  10. 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

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. 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.

  2. 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

  3. 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

  4. 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

  5. 2015 CESifo Area Conference on Economics of Education

    • 11.09.2015, 09:00 AM - 12.09.2015, 05:00 PM
    • CESifo Conference
    • CESifo Conference Centre, Poschingerstrasse 5, 81679 Munich

    The 2015 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 Richard Freeman (Harvard University & NBER). The deadline for submission of papers, or a 2-3 page abstract, is 17 May 2015. Notification of acceptance will be provided no later than 1 June 2015.

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 14/2015", ifo Institut, München, 2015 | Details

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

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

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

Books

  1. Cover Image Ruhose, Jens, Microeconometric Analyses on Economic Consequences of Selective Migration, ifo Beiträge zur Wirtschaftsforschung 61, München, 2015 | Details | PDF Download

Working Paper

  1. Cover Image Krieger, Tim, Laura Renner and Jens Ruhose, "Genetic Distance and International Migrant Selection", CESifo Working Paper No. 5453, July 2015 | Details | PDF Download

  2. Cover Image Nagler, Markus, Marc Piopiunik and Martin R. West, "Weak Markets, Strong Teachers: Recession at Career Start and Teacher Effectiveness", CESifo Working Paper No. 5454, July 2015 | Details | PDF Download

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

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

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

  6. 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

  7. 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

  8. 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

  9. 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

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