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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. The Odysseus Complex

    teaserImage In their latest book “The Odysseus Complex” Ifo President Clemens Fuest and Johannes Becker, Professor at the University of Münster, develop a plan to reform the Eurozone, which would make the currency union less prone to crises and would mitigate conflicts among its member states. “The Odysseus Complex” has been published on 20 February 2017 by the Hanser Verlag. Details

  1. German Exporters’ Optimism Continues to Grow

    teaserImage German exporters are slightly more optimistic than last month. The Ifo Export Expectations rose from 14.5 balance points in February to 14.7 balance points in March. German exporters remain unconcerned by political uncertainty worldwide. They are also benefiting from the favourable current economic situation in their sales markets. Details

  2. German Companies’ Willingness to Recruit Wanes Slightly

    teaserImage German companies’ willingness to recruit waned slightly this month, but remains at a very high level. The Ifo Employment Barometer dropped to 109.4 points in March from 110.6 points last month. Last year’s big recruitment drive appears to be slowing down slightly. Details

  3. Download-Hit: Conservative Politicians Are Simply Better-Looking

    teaserImage A recent study on the advantages related to good looks by Panu Poutvaara, Director of the Ifo Center for International Institutional Comparisons and Migration Research, is number one of most downloaded articles from Journal of Public Economics in the last 90 days. Poutvaara and his coauthors conclude that good-looking politicians tend to win more votes because citizens believe that they have more skills and will be more successful. Compared to politicians from other parties, conservative politicians are perceived as more attractive, which can be expected to reduce redistribution. Details

  4. Brexit Negotiations: Germany Must Make a Case for Free Trade with Britain

    teaserImage Germany has a particularly strong interest in ensuring that integration between the British and European economies remains as comprehensive as possible, even in the period after Brexit. This is the only way for Germany to avoid becoming the main loser of the Brexit process, facing higher contributions to the EU budget and restricted trade with Britain. In the latest Ifo Viewpoint, Ifo President Clemens Fuest proposes a German strategy for the Brexit negotiations. Details

  5. German Service Sector: Ifo Business Climate Index for the Service Sector Continues to Fall

    teaserImage Sentiment in the service sector continued to weaken. The business climate index fell to 108.1 points in March from 108.6 points. In a repeat of last month’s developments service providers were more satisfied with their current business situation, but they expressed less confidence about their six-month business outlook. The expectations index fell to its lowest level since August 2014. Details

  1. Ifo Export Expectations - Ifo Business Survey for March 2017

    German Exporters’ Optimism Continues to Grow

    Mar 29, 2017: German exporters are slightly more optimistic than last month. The Ifo Export Expectations rose from 14.5 balance points in February to 14.7 balance points in March. German exporters remain unconcerned by political uncertainty worldwide. They are also benefiting from the favourable current economic situation in their sales markets. Details

  2. Ifo Employment Barometer - Results of the Ifo Business Survey for March 2017

    German Companies’ Willingness to Recruit Wanes Slightly

    Mar 29, 2017: German companies’ willingness to recruit waned slightly this month, but remains at a very high level. The Ifo Employment Barometer dropped to 109.4 points in March from 110.6 points last month. Last year’s big recruitment drive appears to be slowing down slightly. Details

  3. Results of the March 2017 Ifo Business Survey

    Ifo Business Climate Index for the Service Sector Continues to Fall

    Mar 28, 2017: Sentiment in the service sector continued to weaken. The business climate index fell to 108.1 points in March from 108.6 points. In a repeat of last month’s developments service providers were more satisfied with their current business situation, but they expressed less confidence about their six-month business outlook. The expectations index fell to its lowest level since August 2014. Details

  4. Results of the March 2017 Ifo Business Survey

    Ifo Business Climate Index Rises

    Mar 27, 2017: Sentiment among German managers continues to improve this month. The Ifo Business Climate Index rose to 112.3 points in March from 111.1 (seasonally adjusted) points last month, reaching its highest level since July 2011. The upwards trend in assessments of the current business situation continues unabated. The business outlook for companies also improved again this month. The upswing in the German economy is gaining impetus. Details

  5. Ifo Export Climate for February 2017

    Ifo Export Climate Continues to Rise

    Mar 27, 2017: The Ifo Export Climate rose from 0.78 index points in January to 0.85 points in February 2017. The improvement in the export climate was due both to higher corporate and consumer confidence abroad, as well as the enhanced price competitiveness of German business. Details

  6. Results of the Ifo Architects Survey of 1st quarter 2017

    Ifo Architects Survey: Planning Contract Figures for Residential Buildings Continue to Climb

    Mar 23, 2017: The business climate improved clearly at the beginning of the first quarter of 2017, according to the results of the Ifo Institute’s survey of freelance architects. Details

  7. Randstad Ifo Personnel Manager Survey for Quarter 4 2016

    Retirement at 63 Impacts Majority of Companies

    Mar 9, 2017: The latest Randstad Ifo Personnel Manager Survey analyses how many companies have employees who have already taken early retirement at 63, their positions and whether companies generally struggle to fill the positions left vacant. The survey results show that over half of the companies surveyed are already affected by retirement at 63, with 52% of companies reporting employees taking early retirement. More companies were affected in manufacturing (62%) than in distribution (53%) and the service sector (44%). A further 12% of all firms reported that although none of their employees have taken early retirement at 63 to date, they expect them to do so in the next two years. Details

  8. Results of the Ifo Investment Survey for German manufacturing in Autumn 2016

    German Manufacturers: Willingness to Invest Increases

    Mar 9, 2017: Investment by German manufacturers rose by 3% in 2016, according to the results of the latest Ifo Investment Survey. In 2017 manufacturers plan to increase their spending on investment by 5% (almost 5% in real terms). The key factors driving investment are fairly balanced, with investment in expansion and in replacement procurement accounting for a third of expenditure in 2017 respectively. Details

  9. Regional evaluation for Saxony of the Ifo Business Survey in February 2017

    Ifo Business Climate Index for Saxony Declines Again

    Mar 7, 2017: The Ifo Business Climate for trade and industry in the Free State of Saxony cooled down marginally in February. This was due to poorer business expectations on the part of survey participants. The business situation, by contrast, improved slightly. In Eastern Germany the business climate index also edged downwards, while it rose somewhat in Germany overall. Details

  10. Results of the Ifo Business Survey for February 2017

    Ifo Business Climate Index for Eastern Germany Declines

    Feb 27, 2017: Unlike in Germany as a whole, the Business Climate Index for eastern German trade and industry fell significantly in February and deteriorated from 109.8 points to 109.4 points this month. Although survey participants’ assessments of the current business situation improved slightly, the six-month business outlook clouded over markedly. Details

Dresdner Vorträge zur Wirtschaftspolitik

Dresdner Vortrag zur Wirtschaftspolitik am 26. April 2017 mit Prof. Christina Gathmann, Professorin für Arbeitsmarktökonomie und Neue Politische Ökonomik am Alfred-Weber-Institut der Universität Heidelberg, sowie Stellvertretende Vorsitzende des Wissenschaftlichen Beirat beim Bundesministerium für Wirtschaft und Technologie. read on Dresdner Vorträge zur Wirtschaftspolitik

Ricardo@200 – International Trade Theory in Turbulent Times

In cooperation with the Chamber of Commerce and Industry of Munich and Upper Bavaria and the Committee on International Trade Theory and Policy of the Verein für Socialpolitik, the Ifo Institute is organising a conference in honour of David Ricardo, one of the founding fathers of modern economics. read on Ricardo@200 – International Trade Theory in Turbulent Times

Next Events

  1. The Dark Side of the Reformation: Research Design, Part I

    • 31.03.2017, 10:00 AM - 12:00 PM
    • CES Lecture
    • Sascha O. Becker, University of Warwick
    • CES, Schackstr. 4/IV, room 406

    This CES Lecture Series will give insights into the process of developing a research design. The course is based on: Becker, Pascali (2016): Religion, Division of Labor and Conflict: Anti-Semitism in German Regions over 600 Years, CAGE Working Paper No. 288.

  2. Trade and Regional Inequality

    • 05.04.2017, 11:10 AM - 12:40 PM
    • Lunchtime Seminar TU Dresden
    • André Seidel, Georg Hirte, Christian Lessmann
    • TU Dresden, Sitzungszimmer der Fakultät Wirtschaftswissenschaften, Raum SCH A 03

  3. The Dark Side of the Reformation: Research Design, Part II

    • 07.04.2017, 10:00 AM - 12:00 PM
    • CES Lecture
    • Sascha O. Becker, University of Warwick
    • CES, Schackstr. 4/IV, room 406

    This CES Lecture Series will give insights into the process of developing a research design. The course is based on: Becker, Pascali (2016): Religion, Division of Labor and Conflict: Anti-Semitism in German Regions over 600 Years, CAGE Working Paper No. 288.

  4. What causes differences in labor market outcomes of second generation immigrants?

    • 12.04.2017, 11:10 AM - 12:40 PM
    • Lunchtime Seminar TU Dresden
    • Antje Fanghänel
    • TU Dresden, Sitzungszimmer der Fakultät Wirtschaftswissenschaften, Raum SCH A 03

  5. Zwischenbilanz

    • 12.04.2017, 12:00 PM - 01:00 PM
    • Ifo Lunchtime Seminar
    • Meinhard Knoche, Annette Marquardt, Wolfgang Auer
    • Ifo Institute, Ludwig Erhard Hall, Poschingerstr. 5, Munich

  6. Youth Unemployment, Social Lead Users and a Tale of Small and Poor Cities

    • 19.04.2017, 11:10 AM - 12:40 PM
    • Lunchtime Seminar TU Dresden
    • Burak Erkut
    • TU Dresden, Sitzungszimmer der Fakultät Wirtschaftswissenschaften, Raum SCH A 03

  7. Ifo Lunchtime Seminar

    • 19.04.2017, 12:00 PM - 01:00 PM
    • Ifo Lunchtime Seminar
    • Johannes Koenen
    • Ifo Institute, Ludwig Erhard Hall, Poschingerstr. 5, Munich

Upcoming publications / just released

  1. Cover Image Becker, Johannes and Clemens Fuest, Der Odysseus-Komplex. Ein pragmatischer Vorschlag zur Lösung der Eurokrise, Hanser Verlag, 2017, 288 , Information | Details

  2. Cover Image Sinn, Hans-Werner, "Der Schwarze Juni. Brexit, Flüchtlingswelle, Euro-Desaster – Wie die Neugründung Europas gelingt", Herder Verlag, 2016, 368 , Information | Details

Journals

  1. Cover Image "ifo Schnelldienst 06/2017", ifo Institut, München, 2017, 03-64 | Details | PDF Download | EPUB Download

  2. Cover Image "ifo Schnelldienst 05/2017", ifo Institut, München, 2017 | Details | PDF Download | EPUB Download

  3. Cover Image "ifo Konjunkturperspektiven 02/2017", ifo Institut, München, 2017 | Details | PDF Download

  4. Cover Image Andersen, Torben M., Giuseppe Bertola, John Driffill, Clemens Fuest, Harold James, Jan-Egbert Sturm and Branko Uroševic, "The EEAG Report on the European Economy 2017: Economics of Populism", CESifo Group Munich, Munich, 2017, 01-110 | Details | PDF Download

Books

  1. Cover Image Heiland, Inga, Five Essays on International Trade, Factor Flows and the Gains from Globalization, ifo Beiträge zur Wirtschaftsforschung 74, Ifo Institute, 2017 | Details | PDF Download

  2. Cover Image Hainz, Christa, Lars Hornuf, Lars Klöhn, Björn Brauer, Felix Ehrenfried and Gerrit Engelmann, Praxiserfahrungen mit den Befreiungsvorschriften des Kleinanlegerschutzgesetzes, ifo Forschungsberichte 78, ifo Institut, 2017 | Details | PDF Download

Working Paper

  1. Cover Image Freyberger, Joachim, Andreas Neuhierl and Michael Weber, "Dissecting Characteristics Nonparametrically", CESifo Working Paper No. 6391, March 2017 | Details | PDF Download

  2. Cover Image Buettner, Thiess and Manuela Krause, "Föderalismus im Wunderland: Zur Steuerautonomie bei der Grunderwerbsteuer", Ifo Working Paper No. 235, 2017 | Details | PDF Download

  3. Cover Image Frei, Xenia, Sebastian Langer, Robert Lehmann and Felix Roesel, "Electoral Externalities in Federations - Evidence from German Opinion Polls", CESifo Working Paper No. 6375, February 2017 | Details | PDF Download

  4. Cover Image Munk, Martin D., Till Nikolka and Panu Poutvaara, "International Family Migration and the Dual-Earner Model", CESifo Working Paper No. 6377, February 2017 | Details | PDF Download

  5. Cover Image Lehmann, Robert and Wolfgang Nagl, "Explaining Spatial Patterns of Foreign Employment in Germany", CESifo Working Paper No. 6356, February 2017 | Details | PDF Download

  6. Cover Image D'Acunto, Francesco, Ryan Liu, Carolin Pflueger and Michael Weber, "Flexible Prices and Leverage", CESifo Working Paper No. 6317, January 2017 | Details | PDF Download

  7. Cover Image Balleer, Almut, Nikolay Hristov and Dominik Menno, "Financial Constraints and Nominal Price Rigidities", CESifo Working Paper No. 6309, January 2017 | Details | PDF Download

  8. Cover Image Kauder, Björn, Niklas Potrafke and Christoph Schinke, "Manipulating Fiscal Forecasts: Evidence from the German States", CESifo Working Paper No. 6310, January 2017 | Details | PDF Download

  9. Cover Image Blesse, Sebastian and Felix Rösel, "Gebietsreformen: Hoffnungen, Risiken und Alternativen", Ifo Working Paper No. 234, 2017 | Details | PDF Download

  10. Cover Image Glomm, Gerhard and Volker Meier, "Modes of Child Care", CESifo Working Paper No. 6287, December 2016 | Details | PDF Download