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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. Coming Soon: 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” will be published on 20 February 2017 by the Hanser Verlag. Details

  1. Ifo Export Climate Begins Year by Rising

    teaserImage The Ifo Export Climate rose to 0.72 points in January 2017 from 0.59 index points in December 2016. The improvement in the export climate was due to higher corporate and consumer confidence abroad. Price competiveness in the German economy, by contrast, had a slightly dampening effect. Details

  2. CESifo DICE Report 4/2016: Asylum Policy

    teaserImage The surge of refugees into European Union countries since 2015 has highlighted the lack of any coherent system of asylum policies to effectively master this challenge. The absence of this institutional framework leads to a chaotic and divided way of handling the refugee situation, which has been discussed controversially in politics and in the media in all of the EU countries affected by it. In order to rationalise the heated debate, it is indispensable to analyse what went wrong in the European asylum policy and to find a system that works. The articles in the rubric Forum of the CESifo DICE Report 4/2016 analyse various aspects of the debate over asylum policies. Details

  3. Phasing Out Subsidies Boosts Competition among Students in Saxony

    teaserImage Higher education development planning by the Saxon regional government means that not all applicants will be granted a study place as of 2020. Competition among applicants is expected to rise dramatically as a result, according to research by the Dresden Branch of the Ifo Institute. Details

  4. ifo Dresden berichtet 1/2017 Published

    teaserImage ifo Dresden 1/2017 features articles on the demographic approach to municipal fiscal equalisation, the additional economic costs of the property transfer tax, rising competition for study places in Saxony and economic forecasts for Germany, eastern Germany and Saxony. Details

  5. Economists Panel: Brexit Negotiations - Contents and Consequences for Britain and the EU

    teaserImage German economists support the EU Treaty model ("Norway model") for future cooperation between Britain and the European Economic Area, followed by the Swiss model. They expect, however, that the EU will strive towards the "Ukraine plus" model as the future basis for cooperation with Britain. These are the findings of the February edition of the Economists Panel conducted by Ifo and the Frankfurter Allgemeine Zeitung. Details

  1. Ifo Export Climate for January 2017

    Ifo Export Climate Begins Year by Rising

    Feb 20, 2017: The Ifo Export Climate rose to 0.72 points in January 2017 from 0.59 index points in December 2016. The improvement in the export climate was due to higher corporate and consumer confidence abroad. Price competiveness in the German economy, by contrast, had a slightly dampening effect. Details

  2. Results of the Ifo World Economic Survey (WES) of 1st quarter 2017 (13 February 2017)

    Ifo World Economic Climate Continues to Brighten

    Feb 13, 2017: The Ifo World Economic climate continued to improve this quarter. The indicator rose to +2.6 balance points from -1.2 points previously. Experts’ assessments of the current economic situation were no longer quite as unfavourable as last quarter. Expectations also brightened somewhat, pointing to a moderate recovery in the world economy. Details

  3. Regional evaluation for Saxony of the Ifo Business Survey in January 2017

    Ifo Business Climate Index for Saxony Declines

    Feb 10, 2017: The Ifo Business Climate Indicator for trade and industry (seasonally-adjusted) in the Free State of Saxony fell in January. After expressing growing optimism for several months in succession, survey participants from all sectors downwardly revised their business situation markedly this month. They expressed similar levels of satisfaction with their current business situation as in December. The business climate indices in eastern Germany and Germany fell overall. Details

  4. Advance results of the Ifo World Economic Survey (WES) of 1st quarter 2017 (06 February 2017)

    Ifo Economic Climate in the Euro Area Brightens Markedly

    Feb 6, 2017: Economic sentiment in the euro area continued to firm this quarter. The Ifo Economic Climate improved to 17.2 balance points in the first quarter from 8.2 balance points previously. Expectations are far more positive than last quarter. The experts surveyed also assessed their current economic situation more favourably. The economic recovery is gathering impetus. Details

  5. Results of the Ifo Business Survey for January 2017

    Ifo Business Climate Index for Eastern Germany Declines

    Jan 30, 2017: The seasonally-adjusted Ifo Business Climate Index for trade and industry in Eastern Germany declined slightly at the start of the year. Although business was somewhat better than in December, expectations for the first half of 2017 clouded over markedly. After several months of growing optimism, Eastern German companies were clearly less positive about the future in January. Details

  6. Ifo Export Expectations - Ifo Business Survey for January 2017

    German Exporters More Optimistic Despite Trump

    Jan 27, 2017: German exporters started the year in an optimistic mood. Their export expectations rose from 8.2 balance points in December to 12.0 balance points in January. The German economy currently seems unfazed by the protectionist rhetoric of the new US President. Details

  7. Ifo Employment Barometer - Results of the Ifo Business Survey for January 2017

    German Firms Less Eager to Recruit

    Jan 27, 2017: German firms are still planning to recruit additional staff, but on a smaller scale than in previous months. The Ifo Employment Barometer dropped to 110.7 points in January from 111.8 points in December. Employment growth in Germany is nevertheless expected to continue in 2017. Details

  8. Ifo Manager Survey

    Ifo Manager Survey: Corporate Investment and Employment Plans for 2017

    Jan 26, 2017: Personnel managers do not expect growth to accelerate this year compared to 2016. Indeed, around half of survey participants even expect lower growth rates in 2017. In terms of investment plans, positive and negative responses were fairly well-balanced, with the majority of companies planning to invest the same amount as last year. As far as their staff base is concerned, firms plan to recruit new employees, meaning that the steady rise in employment is expected to continue. The lack of qualified staff is an increasingly important issue for the German economy, where the focus is shifting back to the euro crisis. Looking ahead to the forthcoming German elections, firms would primarily like to see less red tape, as well as higher levels of investment in infrastructure and education. Details

  9. Results of the January 2017 Ifo Business Survey

    German Service Sector: Ifo Business Climate Index for the Service Sector Falls

    Jan 26, 2017: Service providers’ high spirits waned again in January. The Business Climate Index for the Service Sector fell to 109.3 points this month from 110.8 points in December. Service providers were slightly less satisfied with their current business situation and are less optimistic about the months ahead. Many service providers are nevertheless planning to recruit additional staff. Prices are expected to rise in many segments. Details

  10. Results of the January 2017 Ifo Business Survey

    Ifo Business Climate Index Falls

    Jan 25, 2017: Sentiment among German managers weakened in January. The Ifo Business Climate Index fell to 109.8 points this month from 111.0 points in December. Companies expressed greater satisfaction with their current business situation, but are less optimistic about their six-month business outlook. The German economy made a less confident start to the year. Details

Fluchtmigration und Arbeitsintegration von Geflüchteten – Neue Erkenntnisse aus der empirischen Forschung

Dresdner Vortrag zur Wirtschaftspolitik on 27 February 2017 with Prof. Dr. Herbert Brücker, Forschungsbereichsleiter „Internationale Vergleiche und Europäische Integration“ am Institut für Arbeitsmarkt- und Berufsforschung (IAB) Nürnberg read on Fluchtmigration und Arbeitsintegration von Geflüchteten – Neue Erkenntnisse aus der empirischen Forschung

Next Events

  1. 4th session of the Working Group "Common Economic Space from Lisbon to Vladivostok“

    • 20.02.2017, 10:00 AM - 01:30 PM
    • Ifo Conference
    • Ifo Institute, Poschingerstr. 5, 81679 Munich

  2. EGIT – Economic Geography and International Trade Research Meeting

    • 24.02.2017, 12:00 PM - 25.02.2017, 02:00 PM
    • Ifo Workshop
    • Ifo Institute

    Researchers, who are specialized in regional/urban economics and international trade, come together in order to share their ideas and comment on other’s research papers. The meeting encourages interaction and discussion between the researchers, so that new ideas and joint projects can be initiated. Any theoretical or empirical paper, discussing the topics of economic geography or international trade, is welcomed. This includes topics in urban economics, regional economics, new economic geography, international trade, international migration, foreign direct investment, and the economics of multinational firms. Deadline for submission of papers: Please send your paper or extended abstract before January 15, 2017 to harms@ifo.de Details

  3. Fluchtmigration und Arbeitsintegration von Geflüchteten – Neue Erkenntnisse aus der empirischen Forschung

    • 27.02.2017, 06:30 PM - 08:00 PM
    • Dresdner Vorträge zur Wirtschaftspolitik
    • Prof. Dr. Herbert Brücker, Forschungsbereichsleiter „Internationale Vergleiche und Europäische Integration“ am Institut für Arbeitsmarkt- und Berufsforschung (IAB) Nürnberg
    • ifo Niederlassung Dresden, Einsteinstraße 3, Dresden

    2015 sind 890.000 geflüchtete Menschen nach Deutschland gekommen, 2016 weitere 280.000. Die meisten dieser Menschen sind vor Krieg und Verfolgung geflohen. Die Anerkennungsquoten sind hoch und vor dem Hintergrund der anhaltenden Konflikte im Nahen Osten, Afghanistan und am Horn von Afrika werden die meisten in Deutschland bleiben. Umso wichtiger ist

  4. Income ans Wealth inequality: Theory and Evidence, Part I

    • 14.03.2017, 09:30 AM - 11:00 AM
    • CES Lecture
    • Moritz Kuhn, University of Bonn
    • CES, Schackstr. 4/II, seminar room (207)

    Evidence on income and wealth inequality

  5. Income and Wealth inequality: Theory and Evidence, Part II

    • 15.03.2017, 09:30 AM - 11:00 AM
    • CES Lecture
    • Moritz Kuhn, University of Bonn
    • CES, Schackstr. 4/II, seminar room (207)

    Standard incomplete markets model

  6. Income and Wealth inequality: Theory and Evidence, Part III

    • 16.03.2017, 09:30 AM - 11:00 AM
    • CES Lecture
    • Moritz Kuhn, University of Bonn
    • CES, Schackstr. 4/II, seminar room (207)

    Models with endogenously incomplete markets

  7. CESifo Area Conference on Applied Microeconomics

    • 17.03.2017, 09:00 AM - 18.03.2017, 04:00 PM
    • CESifo Conference
    • CESifo Conference Centre, Poschingerstrasse 5, 81679 Munich

    The purpose of the conference is to bring together CESifo members to present and discuss their ongoing research, and to stimulate interaction and co-operation between them. All CESifo research network members are invited to submit their papers, which may deal with any topic within the broad domain of Applied Microeconomics (industrial organisation, experimental and behavioural economics, market regulation, banking and finance, auctions). The keynote lecture will be delivered by Ariel Pakes (Harvard University) Details

Upcoming publications / just released

  1. Cover Image Becker, Johannes and Clemens Fuest, "Der Odysseus-Komplex. Ein pragmatischer Vorschlag zur Lösung der Eurokrise", Hanser Verlag, Forthcoming, 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 Dresden berichtet 1/2017", ifo Institut, Dresden, 2017 | Details | PDF Download

  2. Cover Image "ifo Schnelldienst 03/2017", ifo Institut, München, 2017, 03-52 | Details | PDF Download | EPUB Download

  3. Cover Image "CESifo DICE Report 4/2016 (Winter): Asylum Policy", Ifo Institute, Munich, 2016, 01-95, Section: Forum | Details | PDF Download

  4. Cover Image "ifo Konjunkturperspektiven 01/2017", ifo Institut, München, 2017 | Details | PDF Download

  5. Cover Image "ifo Schnelldienst 02/2017", ifo Institut, München, 2017, 03-81 | Details | PDF Download | EPUB Download

  6. Cover Image "CESifo Forum 4/2016 (Winter): Collapse of the Ruble Zone and Its Lessons", Ifo Institute, Munich, 2016, 03-81 | Details | PDF Download | EPUB Download

Books

  1. Cover Image Riem, Marina, Essays on the Behavior of Firms and Politicians, ifo Beiträge zur Wirtschaftsforschung 73, Ifo Institute, 2017 | Details | PDF Download

Working Paper

  1. 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

  2. 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

  3. 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

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

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

  6. Cover Image Potrafke, Niklas and Felix Roesel, "A Banana Republic? Trust in Electoral Institutions in Western Democracies - Evidence from a Presidential Election in Austria", CESifo Working Paper No. 6254, December 2016 | Details | PDF Download

  7. Cover Image Lehmann, Robert and Klaus Wohlrabe, "Who is the 'Journal Grand Master'? A new ranking based on the Elo rating system", CESifo Working Paper No. 6259, December 2016 | Details | PDF Download

  8. Cover Image Triebs, Thomas P. and Justin Tumlinson, "Learning Capitalism the Hard Way - Evidence from German Reunification", CESifo Working Paper No. 6260, December 2016 | Details | PDF Download

  9. Cover Image Hayo, Bernd and Florian Neumeier, "The (In)Validity of the Ricardian Equivalence Theorem – Findings from a Representative German Population Survey", Ifo Working Paper No. 233, 2016 | Details | PDF Download

  10. Cover Image Gnewuch, Matthias and Klaus Wohlrabe, "Title Characteristics and Citations in Economics", CESifo Working Paper No. 6235, December 2016 | Details | PDF Download