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  1. 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

  2. Ifo Business Climate Germany - 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

  3. US Economist Kenneth Rogoff Favours Phasing Out Paper Money

    Nov 19, 2014: The US economist Kenneth Rogoff of Harvard University has declared himself in favour of phasing out paper currency. “This would make it easier for central banks to implement negative rates to stimulate the economy”, he said on Tuesday evening at a lecture in Munich. “It would also make it easier to fight tax evasion and drug-related crime”, he added. “Paper currency is the main barrier to further reductions in central bank interest rates. Phasing it out would be a very simple and elegant solution to this problem.” During the height of the crises the US Federal Reserve contemplated introducing temporarily negative rates of four or five percent but could not because people were hoarding additional cash. Details

  4. 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

  5. Ifo Viewpoint No. 160: Zwei Modelle für Europa

    Nov 13, 2014: Der französische Ministerpräsident Valls und sein italienischer Kollege Renzi haben erklärt, dass sie den 2012 neu vereinbarten Fiskalpakt nicht einhalten und wieder mehr Schulden machen wollen. Daran ändern auch neue Vorschläge nichts. Ihre Erklärung sollte daher Anlass sein, über die Konstruktion der Europäischen Währungsunion nachzudenken. Details


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Harald Schultz

Ifo Institute
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