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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 President Criticises Inheritance Tax Reform in Germany

    teaserImage Ifo President Clemens Fuest has criticised the inheritance tax reform in Germany as an "employment programme for tax advisors". It would be better, however, to cut the Gordian knot altogether, abolish all exceptions and levy an 8 percent tax on all forms of wealth regardless of whether it is held in firms, real estate, shares, cash or other assets. Details

  2. German Firms Increasingly Favour Home Office

    teaserImage A growing number of German companies are offering their employees the opportunity to work from home occasionally. This share rose from 30 percent of companies in 2012 to 39 percent this year, according to the results of the Ifo Personnel Managers Survey conduceds for Randstad Deutschland GmbH & Co KG. The option of working from home is mainly offered to staff (65 percent) at larger companies with over 500 employees. Details

  3. Ifo Architects Survey: Extensive Planning Orders for Residential Buildings

    teaserImage The business climate continued to brighten at the beginning of the third quarter of 2016 and is now as favourable as it was at the beginning of the 1990s, according to the results of the Ifo Institute’s quarterly survey of freelance architects. Details

  4. Economic Convergence and Divergence in Europe

    teaserImage Is the European Union growing closer together economically, socially and, ultimately, politically, or is it drifting further apart? Which factors are responsible for the respective development trends? These were the key issues covered in a scientific conference supervised by Dr. Wolfgang Quaisser held from 8 to 10 July 2016 at the Akademie für Politische Bildung Tutzing. The ifo Schnelldienst 17/2016 presents the speeches given at the conference by Michael Grömling, Institut der deutschen Wirtschaft Köln, Hartmut Bechtold, True Sale International GmbH, Frankfurt am Main, Markus Demary, Institut der deutschen Wirtschaft Köln, Michael Dauderstädt, formerly of the Friedrich-Ebert-Stiftung, Bonn, and Heinz-Jürgen Axt, University of Duisburg-Essen. Details

  5. Economists Panel for September 2016: Hillary Clinton or Donald Trump – Who Would Make the Better US President?

    teaserImage In the September Economists Panel jointly conducted by Ifo and FAZ economics professors at German universities were surveyed on the forthcoming presidential elections in the USA. The majority of participants would vote for Hillary Clinton. Trailing a long way behind in second place is the independent candidate economics professor Laurence Kotlikoff. Details

  1. Randstad Ifo Personnel Manager Survey for Quarter 2 2016

    German Companies Increasingly Offer Home Office Option

    Sep 20, 2016: The number of German companies offering employees the opportunity to work from home has increased. A comparison between the latest results of the Randstad-Ifo Personnel Manager Survey with results from 2012 and 2013 reveals that around 30% of companies reported offering home office in 2012, a figure that increased to 33% in the subsequent year and recently rose even further. In the second quarter of 2016 39% of companies reported that they generally offered their employees the option to work from home. Details

  2. Results of the Ifo Architects Survey of 3rd quarter 2016

    Ifo Architects Survey: Extensive Planning Orders for Residential Buildings

    Sep 15, 2016: The business climate continued to brighten at the beginning of the third quarter of 2016 and is now as favourable as it was at the beginning of the 1990s, according to the results of the Ifo Institute’s quarterly survey of freelance architects. Details

  3. Regional evaluation for Saxony of the Ifo Business Survey in August 2016

    Ifo Business Climate Index for Saxony Falls

    Sep 10, 2016: The Ifo Business Climate for trade and industry in the Free State of Saxony fell for the third consecutive month in August. This was due to assessments of the current business situation, which dropped sharply from July’s levels. Business expectations were also scaled back. Overall, the same picture can be seen in both eastern and western Germany. Details

  4. Credit Constraint Indicator - From the Ifo Business Survey for August 2016

    Credit Constraints Increase Again

    Aug 30, 2016: The Ifo Credit Constraint Indicator for German industry and trade rose to 15.0 percent in August from 14.6 percent the previous month. This is the percentage of companies that reported a restrictive bank lending policy. Nevertheless, financing conditions for German companies remain excellent. Details

  5. Results of the Ifo Business Survey for August 2016

    Ifo Business Climate Index for Eastern Germany Falls Again

    Aug 29, 2016: The Ifo Business Climate for industry and trade in the eastern German states worsened further in August. The current business situation and business expectations for the next six months were assessed significantly more poorly than in July. The eastern German businesses are showing signs of scepticism at the end of the summer. Details

  6. Ifo Employment Barometer - Results of the Ifo Business Survey for August 2016

    Favourable Outlook for Employment in Germany

    Aug 29, 2016: Despite a bleaker economic outlook, German industry’s willingness to hire has increased slightly. The Ifo Employment Barometer rose to 108.7 index points in August after 108.1 in the previous month. Manufacturing in particular plans to recruit more new staff, despite the concern in the EU over the Brexit vote. Details

  7. Ifo Export Climate for July 2016

    Ifo Export Climate Falls Slightly

    Aug 29, 2016: The Ifo Export Climate indicator fell from 0.38 index points in June to 0.29 points in July. The decline was due to the slight deterioration of corporate and consumer confidence abroad. Price competitiveness remained at the level of the previous month and had thus no stimulating effect on the export climate. Details

  8. Ifo Export Expectations - Ifo Business Survey for August 2016

    Weakened Export Expectations in German Industry

    Aug 26, 2016: German industry is again anticipating fewer orders from abroad. Export expectations fell from 5.0 balance points in July to 4.7 points in August. The Brexit vote is showing its effect. Details

  9. Results of the August 2016 Ifo Business Survey

    Clear Worsening of the Ifo Business Climate

    Aug 25, 2016: Business confidence in Germany has clearly worsened. The Ifo Business Climate Index fell from 108.3 points in July to 106.2 points in August. Both the current business situation and the expectations for the next six months were assessed more poorly by the companies than in the previous month. The German economy has fallen into a summer slump. Details

  10. Results of the August 2016 Ifo Business Survey

    German Service Sector: Ifo Business Climate Indicator Rises Again

    Aug 25, 2016: In the service sector, business confidence has brightened again. The indicator rose from 27.7 balance points in July to 29.5. The service providers reported an improved current situation. They also assume that business will grow in the coming months. Accordingly, more firms now intend to hire new employees. 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. 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)

    Human Capital Investments and Expectations about Careerand Family

  2. Ifo Lunchtime Seminar

    • 05.10.2016, 12:00 PM - 01:00 PM
    • Ifo Lunchtime Seminar
    • Harald Schultz
    • Ifo Institute, Ludwig Erhard Hall, Poschingerstr. 5, Munich

  3. Der Brexit und die Zukunft der Europäischen Union

    • 05.10.2016, 06:30 PM - 08:00 PM
    • Dresdner Vorträge zur Wirtschaftspolitik
    • Dr. Michael Heise, Chief Economist ALLIANZ SE, München
    • ifo Niederlassung Dresden, Einsteinstraße 3, Dresden

  4. Expectations and Human Capital Investments, Part II

    • 06.10.2016, 10:15 AM - 11:45 AM
    • CES Lecture
    • Basit Zafar, Federal Reserve Bank of New York
    • CES, Schackstr. 4/II, seminar room (207)

    Determinants of College Major Choice: Identification using an Information Experiment

  5. Expectations and Human Capital Investments, Part III

    • 10.10.2016, 10:15 AM - 11:45 AM
    • CES Lecture
    • Basit Zafar, Federal Reserve Bank of New York
    • CES, Schackstr. 4/II, seminar room (207)

    Preference for the Workplace, Investment in Human Capital, and Gender

  6. Ifo Lunchtime Seminar

    • 12.10.2016, 12:00 PM - 01:00 PM
    • Ifo Lunchtime Seminar
    • Francesco Cinnirella
    • Ifo Institute, Ludwig Erhard Hall, Poschingerstr. 5, Munich

  7. CESifo Area Conference on Energy and Climate Economics

    • 14.10.2016, 09:00 AM - 15.10.2016, 05:00 PM
    • CESifo Conference
    • CESifo Conference Centre, Poschingerstrasse 5, 81679 Munich

    The purpose of this conference is to bring together the members of the CESifo Research Network to present and discuss their ongoing research, and to stimulate interaction and co-operation between them. All CESiof research network members are invited to submit their papers, which may deal with any topic in the field fo Energy and Climate Economics. The keynote lecture will be delivered by Charles D. Kolstad, Stanford University. Details

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 | PDF Download

Journals

  1. Cover Image "ifo Schnelldienst 17/2016", ifo Institut, München, 2016, 03-55 | Details

  2. Cover Image "ifo-GfK-Konsumreport 08/2016", ifo Institut; Gfk Marktforschung, München; Nürnberg, 2016 | Details | PDF Download

  3. Cover Image "ifo Konjunkturperspektiven 08/2016", ifo Institut, München, 2016 | Details | PDF Download

Working Paper

  1. Cover Image Cinnirella, Francesco and Erik Hornung, "Land Inequality, Education, and Marriage: Empirical Evidence from Nineteenth-Century Prussia", CESifo Working Paper No. 6072, September 2016 | Details | PDF Download

  2. Cover Image Lochner, Benjamin and Bastian Schulz, "Labor Market Sorting in Germany", CESifo Working Paper No. 6066, August 2016 | Details | PDF Download

  3. Cover Image D'Acunto, Francesco, Daniel Hoang and Michael Weber, "The Effect of Unconventional Fiscal Policy on Consumption Expenditure", CESifo Working Paper No. 6059, August 2016 | Details | PDF Download

  4. Cover Image Boumans, Dorine, Johanna Garnitz and Günther G. Schulze, "Who Has Terror Angst? Perceptions of the Effects of Terror on the World Economy", CESifo Working Paper No. 6049, August 2016 | Details | PDF Download

  5. Cover Image Weber, Michael, "Cash Flow Duration and the Term Structure of Equity Returns", CESifo Working Paper No. 6043, August 2016 | Details | PDF Download

  6. Cover Image Potrafke, Niklas and Felix Roesel, "Opening Hours of Polling Stations and Voter Turnout: Evidence from a Natural Experiment", CESifo Working Paper No. 6036, August 2016 | Details | PDF Download

  7. Cover Image Felfe, Christina, Helmut Rainer and Judith Saurer, "Why Birthright Citizenship Matters for Immigrant Children: Impacts on Parental Educational Choice", CESifo Working Paper No. 6037, August 2016 | Details | PDF Download

  8. Cover Image Aichele, Rahel and Inga Heiland, "Where is the Value Added? Trade Liberalization and Production Networks", CESifo Working Paper No. 6026, August 2016 | Details | PDF Download

  9. Cover Image Kauder, Björn, Manuela Krause and Niklas Potrafke, "Electoral Cycles in MPs' Salaries: Evidence from the German States", CESifo Working Paper No. 6028, August 2016 | Details | PDF Download

  10. Cover Image Hillman, Arye L. and Niklas Potrafke, "Economic Freedom and Religion: An Empirical Investigation", CESifo Working Paper No. 6017, July 2016 | Details | PDF Download