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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. Higher Education Funding in Mecklenburg-Western Pomerania

    teaserImage Higher education institutions in Mecklenburg-Western Pomerania are relatively inefficient compared to other Länder and all universities and colleges have efficiency potential. Against a background of falling revenues for the Länder, a further increase in higher education funding does not seem necessary. These are the results of a comparative study of the availability of funding and the performance of higher education institutions in Mecklenburg-Western Pomerania, conducted by the Dresden branch of the Ifo Institute on behalf of the Regional Court of Audit of Mecklenburg-Western Pomerania. Details

  2. Problems With Higher Education Funding in Eastern Germany

    teaserImage Institutions of higher education are highly important to a region’s attractiveness and development. Countries therefore have a major incentive to provide a comprehensive higher education offering. Moreover, there are significant differences in the efficiency of universities in the eastern German Flächenländer, as shown by the latest issue of ifo Dresden berichtet. Politicians and higher education institutions need to make further efforts to maintain the attractiveness of their own locations. Details

  3. New Issue of ifo Dresden berichtet 2/2015 Now Available

    teaserImage ifo Dresden berichtet 2/2015 covers issues including promoting research in eastern Germany, the demographic and legal framework conditions in eastern Germany’s higher education, monetary and non-monetary key figures on eastern German higher education institutions, the efficiency of higher education in eastern and western German Flächenländer, the mobility of graduates in Germany and the projection of student numbers. Details

  4. Voting: Does the Pocketbook Decide?

    teaserImage Individual financial benefits play a key role in referenda. Moreover, social criteria can also be crucial to voting results. These are the results of a recent CESifo Working Paper by Panu Poutvaara, Ifo Institute, and his co-authors, which analyses the collective purchasing decisions of deep-discount flat rate tickets for public transportation and culture at the University of Göttingen. Details

  5. Ifo President Calls For Higher Interest Rates and Annual Settlement of Overdraft Credit Between Euro Central Banks

    teaserImage Ifo President Hans-Werner Sinn calls for higher interest rates on the overdraft loans between Eurosystem central banks and a yearly settlement of them and argues: “It is unacceptable that only 0.05 percent is paid in annual interest rates and that loans never have to be repaid. Such conditions merely invite Greece to run up more debts and also encourage capital flight from the country. Instead the US system should apply whereby balances between the districts of the US Federal Bank have to be settled once a year. This would make it far harder to resort to the electronic printing press, and would prompt countries facing the threat of capital flight to introduce capital controls earlier on.” Details

  1. Ifo Export Climate for February 2015

    Ifo Export Climate Remains at Above-Average Level

    Apr 1, 2015: The Ifo Export Climate fell from 0.56 index points in January to 0.34 points in February. This was due to the fact that price competitiveness in February improved more weakly than in January. Competitiveness, however, continues to have a very positive effect on German exports. Corporate and consumer confidence abroad fell only marginally. The export climate remains at an above-average level. Details

  2. Credit Constraint Indicator - From the Ifo Business Survey for March 2015

    Credit Constraints Edge Down to Historic Low

    Mar 30, 2015: Credit constraints for German companies edged down to 16.1 percent in March from 16.2 percent last month, dipping to a new historic low for the third month in succession. Financing conditions for companies in Germany remain excellent. Details

  3. Results of the Ifo Business Survey for March 2015

    Ifo Business Climate Index for Eastern German Länder Rises Sharply

    Mar 27, 2015: The Ifo Business Climate for trade and industry in eastern Germany improved clearly in March. Eastern German survey participants remain very satisfied with their current business situation, although no longer to the same extent as last month. In addition, they were far more optimistic about future business developments in March. The eastern German economy continues to expand rapidly. Details

  4. Ifo Employment Barometer - Results of the Ifo Business Survey for March 2015

    German Firms Plan to Recruit More Staff

    Mar 27, 2015: German firms proved more willing to recruit additional staff in March. The Ifo Employment Barometer rose to 108.1 index points, up from 106.8 in February. Service providers and manufacturers in particular reported plans to expand their staff bases. Details

  5. Results of the March 2015 Ifo Business Survey

    German Service Sector: Ifo Business Climate Indicator Rises Slightly

    Mar 25, 2015: The Ifo Business Climate Indicator for the German service sector rose to 23.1 balance points in March from 22.8 points last month. Service providers were markedly more satisfied with their current business situation. They were somewhat less optimistic, however, about future business developments. Service providers intend to recruit more employees. Details

  6. Results of the March 2015 Ifo Business Survey

    Ifo Business Climate Index Rises

    Mar 25, 2015: The Ifo Business Climate Index for German trade and industry rose to 107.9 points in March from 106.8 points last month. The index reached its highest level since July 2014. Companies were more satisfied with their current business situation. They also expressed far greater optimism about future business developments. The German economy continues to expand. Details

  7. Results of the Ifo Architects Survey of 1st quarter 2015

    Ifo Architects Survey: Order Backlogs for Six Months

    Mar 12, 2015: The business climate improved at the beginning of the first quarter of 2015, according to the results of the Ifo Institute’s survey of freelance architects. This was entirely due to a more optimistic assessment of developments over the next six months. Assessments of the current business situation clouded over significantly. Details

  8. Regional evaluation for Saxony of the Ifo Business Survey in February 2015

    Upswing in Saxon Economy Continues, but Uncertainty Grows

    Mar 10, 2015: The Ifo Business Climate Index for German trade and industry rose to 106.8 points in February from 106.7 points in January. The rise in both the Eastern German and Saxon climate indicators, by contrast, was far greater. Saxon survey participants once again assessed their current business situation as better than last month. They were, however, slightly more pessimistic about future business developments. Although the Saxon economy continued its strong start to the year in February, uncertainty remains high due to geopolitical tensions. Details

  9. Ifo Export Climate for January 2015

    Ifo Export Climate Rises Considerably

    Mar 4, 2015: The Ifo Export Climate rose significantly to 0.51 index points in January from 0.27 points last month. This was due to the sharp improvement in Germany’s price competitiveness. Corporate and consumer confidence abroad, by contrast, fell slightly versus last month. Details

  10. Credit Constraint Indicator - From the Ifo Business Survey for February 2015

    Credit Constraints Hit Historic Low Once Again

    Feb 27, 2015: Credit constraints for German companies fell to 16.2 percent in February from 17.1 percent last month, taking them 0.9 percentage points below the historic low reached in January. The flood of money expected from the European Central Bank seems to be encouraging banks to further ease their already loose credit constraints. Details

  1. Is Coal Making a Comeback?

    teaserImage Many countries around the world proudly joined the battle against climate change years ago and have been making huge efforts to reduce their CO2 emissions ever since. Yet a global rebirth of one of the most damaging of all fuels to the environment, namely coal, is being seen at the same time. The 4th energy policy workshop to be held on 28 April 2015 will highlight the importance of coal as a fuel from a scientific, policy and business perspective. The event will be jointly organised by the Ifo Institute and the University of Applied Sciences Weihenstephan-Triesdorf and will take place at the Ifo Institute (in German). Details

  2. Energy Turnaround: What Are Its Implications for Germany as a Manufacturing Location?

    teaserImage The German Federal Expert Council for Environmental Issues and the Ifo Institute are co-organising a symposium on the energy turnaround to be held on 13 May 2015 in Berlin. The costs and benefits of the energy turnaround for Germany, efficient paths towards reducing energy consumption and funding to safeguard competitiveness will be analysed in several panels. The symposium will end with a discussion among high-ranking panel members. Details

Next Events

  1. Back to Fundamentals: Equilibrium in Abstract Economies

    • 21.04.2015, 05:00 PM - 06:15 PM
    • Hans Möller Seminar
    • Ariel Rubinstein, New York University
    • International Economics, Ludwigstr. 28/II, Library (room 221)

  2. How Persistent is Social Capital?

    • 22.04.2015, 12:00 PM - 01:00 PM
    • Ifo Lunchtime Seminar
    • Jan Fidrmuc
    • Ifo Institute, Ludwig Erhard Hall, Poschingerstr. 5, Munich

  3. Experiencing natural disasters: how this influences risk aversion and trust

    • 27.04.2015, 11:10 AM - 12:40 PM
    • Lunchtime Seminar TU Dresden
    • Oliver Fiala
    • TU Dresden, Sitzungszimmer der Fakultät Wirtschaftswissenschaften, Raum SCH B 037

  4. The Dynamics of Sovereign Default Risk and Political Turnover

    • 27.04.2015, 12:00 PM - 01:00 PM
    • Internal Seminar of the CESifo Group
    • Almuth Scholl, University of Konstanz
    • CES, Schackstr. 4/II, seminar room (207)

    Joint with Macro Research Seminar

  5. Greece: Government Accounting Reform as a Pre-Condition to EU Funds

    • 27.04.2015, 06:00 PM - 07:30 PM
    • Munich Seminar
    • Paul Kazarian, Founder, Chairman and CEO of Japonica Partners
    • Ifo Institute, Ludwig-Erhard-Hall, Poschingerstr. 5, 81679 Munich

Just released

  1. Sinn, Hans-Werner, The Euro Trap (Korean version), Hantee Media Publishing, Seoul, Korea, 2015, Information | Details

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

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


  1. Cover Image "ifo Dresden berichtet 2/2015", ifo Institut, Dresden, 2015 | Details | PDF Download

  2. Cover Image "ifo Schnelldienst 08/2015", ifo Institut, München, 2015, 03-73 | Details

  3. Cover Image "CESifo DICE Report 1/2015 (Spring): Lessons from a Decade of Childcare Reforms", Ifo Institute, Munich, 2015, 01-52, Section: Forum | Details | PDF Download

  4. Cover Image "ifo Schnelldienst 07/2015", ifo Institut, München, 2015, 03-68 | Details

  5. Cover Image "ifo-GfK-Konsumreport 03/2015", ifo Institut; GfK Marktforschung, München; Nürnberg, 2015 | Details | PDF Download

  6. Cover Image "ifo Konjunkturperspektiven 03/2015", ifo Institut, München, 2015 | Details

  7. Cover Image "ifo Schnelldienst 06/2015", ifo Institut, München, 2015, 03-47 | Details

Working Paper

  1. Cover Image Piopiunik, Mark and Jens Ruhose, "Immigration, Regional Conditions, and Crime: Evidence from an Allocation Policy in Germany", CESifo Working Paper No. 5303, April 2015 | Details | PDF Download

  2. Cover Image Jochimsen, Beate and Robert Lehmann, "On the political economy of national taxrevenue forecasts – Evidence from OECD countries", Ifo Working Paper No. 198, 2015 | Details | PDF Download

  3. Cover Image Marz, Waldemar and Johannes Pfeiffer, "Resource Market Power and Levels of Knowledge in General Equilibrium", Ifo Working Paper No. 197, 2015 | Details | PDF Download

  4. Cover Image Hillman, Arye L., Kfir Metsuyanim and Niklas Potrafke, "Democracy with Group Identity", CESifo Working Paper No. 5281, March 2015 | Details | PDF Download

  5. Cover Image Curuk, Malik and Suphi Sen, "Oil Trade and Climate Policy", CESifo Working Paper No. 5285, March 2015 | Details | PDF Download

  6. Cover Image Becker, Sascha O, and Ludger Woessmann, "Social Cohesion, Religious Beliefs, and the Effect of Protestantism on Suicide", CESifo Working Paper No. 5288, March 2015 | Details | PDF Download

  7. Cover Image Bastgen, Andreas and Christian Holzner, "Employment Protection and the Market for Innovations", CESifo Working Paper No. 5275, March 2015 | Details | PDF Download

  8. Cover Image Meya, Johannes, Panu Poutvaara and Robert Schwager, "Pocketbook Voting and Social Preferences in Referenda", CESifo Working Paper No. 5267, March 2015 | Details | PDF Download

  9. Cover Image Falck, Oliver, Constantin Mang and Ludger Woessmann, "Virtually No Effect? Different Uses of Classroom Computers and their Effect on Student Achievement", CESifo Working Paper No. 5266, March 2015 | Details | PDF Download

  10. Cover Image Holzner, Christian and Makoto Watanabe, "Labor Market Equilibrium with Public Employment Agency", CESifo Working Paper No. 5245, March 2015 | Details | PDF Download