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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. Ten Myths About Government Debt

    teaserImage "Zehn Mythen der Staatsverschuldung" (Ten Myths About Government Debt) is the title of a lecture to be given by Professor Carl-Ludwig Holtfrerich, Professor of Economics (em.) at the Freien Universität Berlin, on 14 July 2014 as one of the Munich Seminars. In his lecture he will identify and explore these myths. The lecture will take place at 6.00 p.m. in the Ludwig-Erhard-Saal of the Ifo Institute. It will be given in German and will be livestreamed on the internet. Details

  2. Ifo Annual Meeting 2014: Report

    teaserImage The latest ifo Schnelldienst 13/2014 mainly focuses on Ifo’s Annual Meeting 2014. In addition to the detailed Ifo Economic Forecast 2014/2015 entitled: “Upturn in German Economy Continues,” this issue also features contributions from the panel discussion participants Christoph Buchal, Forschungszentrum Jülich, Aldo Belloni, board member of Linde AG, as well as from Jochen Homann, President of the German Federal Network Agency for Electricity, Gas, Telecommunications, Post and Railway. Details

  3. Hans-Werner Sinn: Theses on the Energy Turnaround

    teaserImage In a debate over the risks and opportunities presented by the energy turnaround in Germany between Dieter Janecek, economic policy spokesman of the Bündnis 90/Die Grünen parliamentary group and Bavarian state chairman, and Professor Hans-Werner Sinn, President of the Ifo Institute, Sinn presented his theses on the energy turnaround. Details

  4. How Can Employment Forecasts Be Improved?

    teaserImage In Ifo Working Paper 182 Robert Lehmann, a researcher at the Dresden branch of the Ifo Institute, and his co-author show that employment forecasting can be improved by taking survey results into account. Their analysis draws on employment expectations for the next three months taken from harmonised EU economic surveys covering 15 EU states. Details

  5. Ifo Expert Dr. Erdal Yalçın Discusses German-Turkish Relations

    teaserImage On 10 July 2014 Dr. Erdal Yalçın, Deputy Director of the Ifo Center for International Economics, will participate in the IPC-TÜSİAD/TCCI Expert Roundtable entitled: “The German-Turkish Relationship: Possibilities and Limitations in Light of the Eurozone Crisis and Changing Regional Dynamics” in Istanbul. Yalçın will talk about the latest developments in TTIP negotiations and their impact on German-Turkish relations against the backdrop of the euro crisis. The roundtable discussion will be organised by the Turkish Association of Industry and Commerce (TÜSIAD)/Turkey: A Culture of Change Initiative (TCCI) and the Istanbul Policy Center (IPC). Details

  1. Ifo Export Climate for May 2014

    Ifo Export Climate: Ifo Export Climate Continues to Rise

    Jul 2, 2014: The Ifo Export Climate rose to 0.40 balance points in May from 0.35 balance points in April. The increase resulted from rising company and consumer confidence in international trade and an improvement in price competitiveness. Details

  2. Credit Constraint Indicator - From the Ifo Business Survey for June 2014

    Financing Conditions in Germany Remain Very Good

    Jun 30, 2014: German companies continue to enjoy very easy access to bank loans. After falling to a historical low in May, credit constraints for German industry rose slightly to 18.3 percent in June from 17.4 percent last month. Financing conditions for German business were already excellent prior to the base rate drop by the ECB and remain so. Details

  3. Results of the Ifo Business Survey for June 2014

    Ifo Business Climate for Eastern Germany Improves

    Jun 27, 2014: Contrary to developments in Germany, the Ifo Business Climate Index for Eastern German trade and industry rose slightly in June to 110.1 index points from 109.9 points in May. Eastern German companies assessed their current business situation as more favourable than last month. They were also less pessimistic about future business developments. The Eastern German economy is bracing itself against the effects of the crisis in the Ukraine and in Iraq. Details

  4. Ifo Employment Barometer - Results of the Ifo Business Survey for June 2014

    German Companies More Sceptical About Recruiting

    Jun 27, 2014: German companies have become more sceptical about recruiting, but are still looking for additional staff. The Ifo Employment Barometer for German industry, including the service sector, dropped to 106.1 index points in June from 106.9 points in the previous month. The increase in employment consequently continued to slow down. Companies, however, are still willing to recruit staff, especially in the service sector. Details

  5. Results of the June 2014 Ifo Business Survey

    German Service Sector: Ifo Business Climate Improves Considerably in German Service Sector

    Jun 24, 2014: The Ifo Business Climate for the German service sector rose to 25.2 balance points in June from 21.5 points last month. Assessments of the current business situation soared to their highest level since spring 2007. Service providers are also more optimistic about future business developments and plan to recruit additional staff. Details

  6. Results of the June 2014 Ifo Business Survey

    Ifo Business Climate Index Falls

    Jun 24, 2014: The Ifo Business Climate Index for industry and trade in Germany fell to 109.7 points in June from 110.4 points last month. Assessments of the current business situation remained good, but companies were less optimistic about future business developments. The German economy fears the potential impact of the crises in the Ukraine and Iraq. Details

  7. Results of the Ifo Architects Survey of 2nd quarter 2014

    Ifo Architects Survey: Improved Business Climate

    Jun 12, 2014: According to the results of the Ifo Institute’s survey of freelance architects, the business climate improved at the beginning of the second quarter of 2014. In the past twenty years, it has never been so favourable. Details

  8. Regional evaluation for Saxony of the Ifo Business Survey in May 2014

    Saxon Economy Continues to Grow; Only Labour Market Weakens

    Jun 10, 2014: The Ifo Business Climate Index for German trade and industry fell to 110.4 points in May from 111.2 months in the previous month. The business climate also clouded over markedly in Eastern Germany and Saxony. The fall in the Saxon indicator was primarily due to company expectations regarding future business developments. Overall, survey participants from Saxony expect business developments over the next six months to be less favourable. By contrast, they are more even satisfied with their current business situation than last month. Despite the decline in the business climate index, the Saxon economy continues to grow. Details

  9. Ifo Export Climate for April 2014

    Ifo Export Climate Rises: German Export Opportunities Improve

    Jun 4, 2014: The export opportunities for German companies have improved. The Ifo Export Climate increased to 0.32 balance points in April from 0.19 balance points in March. This increase was driven by an improvement in company and consumer confidence in international business. The signs are good that German exports may increase moderately in the second quarter. Details

  10. From the Ifo Business Survey for May 2014

    German Companies Enjoy Increasingly Easy Access to Bank Loans

    May 30, 2014: Credit constraints on German companies once again fell to a historical low. Only 17.4 percent of the companies surveyed reported restrictive access to bank loans, versus 18.2 percent last month. Financing conditions for German companies remain extremely favourable. Details

Debate Over Opportunities and Risks of Energy Turnaround

Debate Over Opportunities and Risks of Energy Turnaround

The opportunities and risks of the German energy turnaround will be the subject of a debate on 8 July 2014 between Dieter Janecek, spokesperson for economic policy of the Bündnis 90/Die Grünen and Bavarian regional party chairman, and Professor Hans-Werner Sinn, President of the Ifo Institute. The debate will take place at 6.00 p.m. in the Ludwig-Erhard-Saal of the Ifo Institute as one of the Munich Seminars and will be livestreamed on the internet. read on Debate Over Opportunities and Risks of Energy Turnaround

CESifo Venice Summer Institute 2014

CESifo Venice Summer Institute 2014

In co-operation with the Venice International University.
CESifo's fifteenth Venice Summer Institute will take place from 21 to 26 July 2014, with five workshops dealing with the following topics: Behavioural Political Economy, The Economics and Political Economy of Energy Subsidies, Demographic Change and Long-Run Development, Regional Mega Deals: New Trends, New Models, New Insights?, and Reforming the Public Sector. read on CESifo Venice Summer Institute 2014

Next Events

  1. Export forecasts for European States: Are business surveys viable?

    • 14.07.2014, 11:10 AM - 12:40 PM
    • Lunchtime Seminar TU Dresden
    • Robert Lehmann
    • TU Dresden, Sitzungszimmer der Fakultät Wirtschaftswissenschaften, Raum SCH B 037

  2. Zehn Mythen zur Staatsverschuldung

    • 14.07.2014, 06:00 PM - 07:30 PM
    • Munich Seminar
    • Prof. Dr. Carl-Ludwig Holtfrerich, Professor der Volkswirtschaftslehre (em.), Freie Universität Berlin
    • Ifo Institute, Ludwig-Erhard-Hall, Poschingerstr. 5, 81679 Munich

  3. The Political Economy of Development and Underdevelopment, Part I

    • 16.07.2014, 10:15 AM - 11:45 AM
    • CES Lecture
    • Stephen Haber, Stanford University
    • Schackstr. 4/II, seminar room (207)

    What Role Does Climate Play in the Evolution of Political and Economic Institutions?

  4. Zuwanderung über die Hochschule

    • 16.07.2014, 12:00 PM - 01:00 PM
    • Ifo Lunchtime Seminar
    • Wido Geis
    • Ifo Institute, Ludwig Erhard Hall, Poschingerstr. 5, Munich

  5. Venice Summer Institute 2014: The Economics and Political Economy of Energy Subsidies

    • 21.07.2014, 09:00 AM - 22.07.2014, 02:00 PM
    • CESifo Conference
    • San Servolo, Venice, Italy

    Subsidies to fossil energies are largely wasteful as they serve to increase carbon emissions, weaken public budgets and importers’ energy security, and in most cases impact income distribution adversely. Reform of energy subsidy policies is sorely needed in many countries, and is an important international policy goal. But although much work, including by the World Bank and the International Monetary Fund, is put into implementing such reform, it is still very difficult to achieve. An objective of this workshop is to stimulate academic interest in this topic, and serve as a forum for new related research. It will deal with impacts of fossil energy subsidies, locally, nationally, regionally and globally; reforms required to change them; and reasons why fossil energy pricing reforms are difficult to implement (“the political economy of energy subsidies”). Contributed papers can focus on subsidies that are mostly consumer-directed (most common in lower-income countries); or mostly benefitting producers (more common in OECD countries). Papers can be mainly analytical, mainly empirical, or combinations; can have either mainly an economics or a political science perspective; and can focus on energy importers or energy exporters, including relations to the “resource curse”. Details

Just released

  1. Cover Image Sinn, Hans-Werner, Gefangen im Euro, Redline Verlag, München, 2014, 224 , Information | Details

  2. Cover Image Hanushek, Eric A., Paul E. Peterson and Ludger Wößmann, Endangering Prosperity: A Global View of the American School, Brookings Institution Press, Washington, DC, 2013, Information | Details


  1. Cover Image "ifo Schnelldienst 13/2014", ifo Institut, München, 2014, 03-70 | Details

  2. Cover Image "ifo-GfK-Konsumreport 06/2014 ", ifo Institut; GfK Marktforschung, München; Nürnberg, 2014 | Details | PDF Download

  3. Cover Image "ifo Konjunkturperspektiven 06/2014", ifo Institut, München, 2014 | Details

  4. Cover Image "ifo Schnelldienst 12/2014", ifo Institut, München, 2014, 03-31 | Details

  5. Cover Image "ifo Dresden berichtet 3/2014", ifo Institut, Dresden, 2014 | Details | PDF Download

  6. Cover Image "ifo-GfK-Konsumreport 05/2014 ", ifo Institut; GfK Marktforschung, München; Nürnberg, 2014 | Details | PDF Download

  7. Cover Image "ifo Schnelldienst 11/2014", ifo Institut, München, 2014, 03-48 | Details


  1. Cover Image Abberger, Klaus, Biswa Nath Bhattacharyay, Chang Woon Nam, Gernot Nerb and Siegfried Schoenherr, How Can the Crisis Vulnerability of Emerging Economies Be Reduced?, ifo Forschungsberichte 65, ifo Institut, 2014 | Details

Working Paper

  1. Cover Image Breuer, Christian and Horst Rottmann, "Do Labor Market Institutions Influence Suicide Mortality? An International Panel Data Analysis", CESifo Working Paper No. 4875, July 2014 | Details | PDF Download

  2. Cover Image Wohlrabe, Klaus, "Das FAZ-Ökonomenranking 2013: Eine kritische Betrachtung", Ifo Working Paper No. 183, 2014 | Details | PDF Download

  3. Cover Image Danzer, Alexander M. and Natalia Danzer, "The Long-Run Consequences of Chernobyl: Evidence on Subjective Well-Being, Mental Health and Welfare", CESifo Working Paper No. 4855, June 2014 | Details | PDF Download

  4. Cover Image Lehmann, Robert and Antje Weyh, "Forecasting employment in Europe: Are survey results helpful?", Ifo Working Paper No. 182, 2014 | Details | PDF Download