Main Content

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. Professor Wolfgang Keller Visits Ifo Institute

    teaserImage Wolfgang Keller, Professor at the University of Colorado at Boulder and Research Associate of the CESifo Research Network will be visiting the Ifo Institute from July to December 2014 as a research professor of the Humboldtstiftung. His research focuses on the interface between international trade and the economics of technology, as well as on issues in growth and long-run development. Details

  2. Explosive Target Balances

    teaserImage The Target balances of the German Bundesbank exploded during the period from the beginning of 2009 to the beginning of 2013. These are the results presented by Prof. Niklas Potrafke and Markus Reischmann, both from the Ifo Institute, in Ifo Working Paper No. 185. German Target balances also soared in autumn 2007, when the European interbank market collapsed for the first time. Details

  3. What is the Relationship Between Trade and Income Distribution?

    teaserImage Differences in average income have a positive impact on trade between countries, while differences in income dispersion reduce it. These are the findings of Prof. Gabriel Felbermayr, Ifo Institute, and Peter Eppinger, University of Tübingen, presented in Ifo Working Paper No. 184. Their results shed new light on the Linder hypothesis that countries trade even when they are similar to each other. Details

  4. ifo Branchen-Dialog (Ifo Industry Colloquium) 2014

    teaserImage The Ifo Industry Colloquium takes place on 5 November 2014 and is conducted by the Ifo Institute in cooperation with the Chamber of Commerce and Industry for Munich and Upper Bavaria, and with the support of the Bavarian Ministry of Economic Affairs and Media, Energy and Technology. Details

  5. CESifo DICE Report 2/2014: Labour Market and Immigration

    teaserImage Labour market adjustments to large immigration influx are discussed in the CESifo DICE Report 2/2014 by Libertad González, Universitat Pompeu Fabra and Barcelona GSE, and Francesc Ortega, Queens College, Tim Krieger, University of Freiburg, Slobodan Djajiæ, The Graduate Institute, Switzerland, Osea Giuntella, University of Oxford, and Uwe Blien, Linda Borrs, Katja Wolf, all IAB Nürnberg, and Jens Südekum, Duesseldorf Institute for Competition Economics. Details

  1. Regional evaluation for Saxony of the Ifo Business Survey in June 2014

    Ukraine and Iraq: Saxon Manufacturing Braves Political Unrest

    Jul 10, 2014: The Ifo Business Climate Index for German industry and trade fell to 109.7 points in June from 110.4 points in the previous month. While the climate indicator in Eastern Germany rose, the business climate for Saxon industry and trade deteriorated somewhat. This was mainly due to less favourable assessments of the current business situation by Saxon companies. By contrast, survey participants expressed greater optimism about future business developments. Despite the crisis in the Ukraine and the unrest in Iraq, the signs for Saxon’s economy remain positive. Details

  2. 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

  3. 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

  4. 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

  5. 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

  6. 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

  7. 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

  8. 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

  9. 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

  10. 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

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. Venice Summer Institute 2014: Demographic Change and Long-Run Development

    • 25.07.2014, 09:00 AM - 26.07.2014, 05:00 PM
    • CESifo Conference
    • San Servolo, Venice, Italy

    In the past 200 years, the world has experienced unprecedented economic development as well as profound demographic changes. Many dimensions of these dynamic processes are not well understood. What are the underlying forces behind the different dimensions of economic and demographic development, and how are they linked? Why have some countries developed early on, others only with a delay, and why do many countries still remain trapped in poor living conditions today? How do the proximate and deep determinants of long-term economic development interact with demographic change? How do the disease environment, genetic and ethnic diversity and social conflicts interfere with the development process?This workshop will provide a forum to discuss these and related open questions about the patterns of long-run growth and comparative development. The submission of both theoretical and empirical papers is welcome. Details

  2. Venice Summer Institute 2014: Reforming the Public Sector

    • 25.07.2014, 09:00 AM - 26.07.2014, 05:00 PM
    • CESifo Conference
    • San Servolo, Venice, Italy

    Issues to be addressed at this conference include: What is special about the public sector? Public sector efficiency. Public debt sustainability. Changes in the role and size of public sector. Incentives in the public sector. Tax-spending mix. Optimal public policy. Delay of reforms. Rent seeking, tax evasion and other political economy issues. Details

  3. The exposure to the euro area: determinants, home bias and valuation effects (Joint CESifo Group Seminar and Macro Seminar)

    • 28.07.2014, 12:00 PM - 01:00 PM
    • Internal Seminar of the CESifo Group
    • Maurizio Habib, ECB
    • CES, Schackstr. 4/II, seminar room (207)

  4. Oil Trade and the Green Paradox

    • 30.07.2014, 12:00 PM - 01:00 PM
    • Ifo Lunchtime Seminar
    • Suphi Sen
    • Ifo Institute, Ludwig Erhard Hall, Poschingerstr. 5, Munich

  5. 4. Workshop 'Regionalökonomie'

    • 11.09.2014, 11:00 AM - 12.09.2014, 02:00 PM
    • Ifo Workshop
    • Ifo Institute, Dresden Branch

    Der diesjährige Workshop „Regionalökonomie“ wird von der Dresdner Niederlassung des ifo Instituts und der Technischen Universität Braunschweig ausgerichtet. Die zweitägige Veranstaltung soll dem Austausch und der Diskussion aktueller Forschungsergebnisse dienen und richtet sich dabei vor allem an Nachwuchswissenschaftler, die auf dem Gebiet der Regionalökonomie arbeiten.

Just released

  1. Cover Image Sinn, Hans-Werner, The Euro Trap. On Bursting Bubbles, Budgets, and Beliefs, Oxford University Press, Oxford, 2014, 416 , Information | Details

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


  1. Cover Image "CESifo DICE Report 2/2014 (Summer): Labour Market Adjustments to Large Immigration Influx", Ifo Institute, Munich, 2014, 01-59 | Details | PDF Download | EPUB Download

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

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

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

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

Working Paper

  1. Cover Image Potrafke, Niklas and Markus Reischmann, "Explosive Target balances of the German Bundesbank", Ifo Working Paper No. 185, 2014 | Details | PDF Download

  2. Cover Image Eppinger, Peter S. and Gabriel J. Felbermayr, "Bilateral Trade and Similarity of Income Distributions: The Role of Second Moments", Ifo Working Paper No. 184, 2014 | Details | PDF Download

  3. 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

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

  5. 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