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  1. Guest Researchers February

    teaserImage Antonio Rodriguez-Lopez, University of California, Irvine, Günther G. Schulze, University of Freiburg, Alan V. Deardorff, University of Michigan, Andreas Löschel, University of Münster, and Peter Zadrozny, Bureau of Labor Statistics, will visit the Ifo Institute in February. Vito Tanzi, CESifo Research Network Fellow, Essi Eerola, Bank of Finland, Niku Määttänen, The Research Institute of the Finnish Economy (ETLA), Mikael Priks and Jenny Säve-Söderbergh, both Stockholm University, will be guest at the Center for Economic Studies (CES). Details

  2. CESifo Forum: The Baltic Tiger States

    teaserImage The current issue of the CESifo Forum looks at the latest economic developments in the Baltic States of Estonia, Latvia and Lithuania in terms of their political independence, their strong economic performance and their introduction of the euro. Details

  3. ifo-GfK-Konsumreport January 2016

    teaserImage The January issue of the ifo-GfK-Konsumreport focuses on the topic of GfK purchasing power in Germany in 2016. Germany’s inhabitants are nominally expected to have around 430 euros more per capita at their disposal to spend in 2016 than they did last year. The monthly, German-language journal is a joint publication of the Ifo Institute and GfK Marktforschung, Nuremberg, in which the latest results of the GfK consumer climate report and the Ifo Business Survey are published and analysed. Details

  4. Ifo Economic Climate in the Euro Area Continues to Cloud Over

    teaserImage The Ifo Index for the economic climate in the euro area declined by another three index points in the first quarter of 2016. It dropped to 118.9 points, but still remains significantly above its long-term average. Assessments of the current economic situation were only slightly less favourable than in the previous quarter, and positive expectations also clouded over somewhat. The recovery in the euro area economy is only expected to continue at a slow pace. Details

  5. ifo Konjunkturperspektiven for January 2016 Published

    teaserImage The business climate clouded over in manufacturing, construction and the services sector in January, while the indicator rose in wholesaling and remained almost unchanged in retailing. Details

  6. Public Debt and Fiscal Transfers: Empirical Findings

    teaserImage In his doctoral thesis Markus Reischmann, Ifo Center for Public Finance and Political Economy, considers various aspects of public debt and fiscal transfers. His work draws on data from US federal states, German Länder, central banks and the OECD. His thesis consists of five self-contained chapters and was published as volume 63 of the series ifo Beiträge zur Wirtschaftsforschung. Details

  7. Credit Constraints Fall to New Record Low

    teaserImage It is increasingly easy for German companies to access credit. Credit constraints for German trade and industry fell to 14.3 percent in January from 14.6 percent last month, marking a new historic low. Details

  8. Debt, Demand, and Discipline

    teaserImage In his speech entitled: "Debt, Demand, and Discipline" Lord Adair Turner, former Chairman of the British Financial Services Authority, explains why growth alone can no longer make public sector and private debt in the world sustainable. The lecture (in English) will be given as part of the Munich Seminars at 6.00 p.m. in the Ludwig Erhard Saal of the Ifo Institute and will be livestreamed via the internet. Details

  9. The Debt Brake in Germany’s Länder: Actions Speak Louder Than Word

    teaserImage Since Germany’s introduction of debt brake legislation in 2009, left-wing federal state (Länder) governments have reduced their deficits to a similar extent as right-wing federal state governments. This has occurred despite the fact that left-wing Länder governments politically showed far greater opposition to the debt brake and also had far higher structural deficits prior to 2009 than their right-wing counterparts. This fairly surprising result is part of a study featured in the latest ifo Schnelldienst. Details

  10. Special Economic Areas in Developing Countries: Do They Diminish the Causes of Migration?

    teaserImage Proposals recently put forward suggest alleviating the refugee crisis by setting up special economic areas in states bordering on the countries of origin of migrants. If investments were to be made in these areas and jobs created, there would be fewer incentives to immigrate to Europe. In ifo Schnelldienst 2/2016 Birgit Schmitz und Benjamin Schraven, Deutsches Institut für Entwicklungspolitik, Bonn, and Marco Lietz discuss whether such proposals really would diminish the causes of migration. Details

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