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  1. ifo Business Climate Index for the Service Sector Continues to Fall

    teaserImage Sentiment in the German service sector weakened, but remains at a very high level. The business climate index fell to 107.8 points in April from 108.3 points last month. Service providers are somewhat less satisfied with their current business situation. They also scaled back their expectations slightly. Service providers nevertheless plan to recruit additional staff. Details

  2. Dresdner Vorträge zur Wirtschaftspolitik: Promoting Regional Economic Growth - What Can and Should It Achieve?

    teaserImage "Promoting regional economic growth - what can and should it achieve?" is the title of a lecture to be given by Christina Gathmann, Professor of Labour Economics and Political Economy at the Alfred Weber Institute at the University of Heidelberg, as well as Deputy Chair of the Scientific Advisory Council at the German Federal Ministry of Economics and Technology on 26 April 2017. The lecture will be given as part of the Dresdner Vorträge zur Wirtschaftspolitik at the Dresden Branch of the ifo Institute. It will commence at 6.30 p.m. Details

  3. ifo Business Climate Index Rises

    teaserImage Sentiment among German managers improved further. The ifo Business Climate Index rose to 112.9 points in April from 112.4 (seasonally adjusted) points last month. Assessments of the current business situation improved significantly. In terms of their six-month business outlook, however, companies are somewhat less optimistic. The German economy is growing strongly. Details

  4. Education Pays Off

    teaserImage Education is an investment: it costs time, commitment and, above all, money. But the effort put into education pays off. According to a recent study conducted by the ifo Institute on behalf of Union Investment, individuals with a university degree earn between 22 and 64 percent more income over their entire career. "Education not only pays off in terms of higher earnings. It also significantly reduces the risk of unemployment," notes Ludger Wößmann, Director of the ifo Center for the Economics of Education. Details

  5. Richard Musgrave Visiting Professorship: Rachel Griffith

    teaserImage Rachel Griffith, Professor of Economics at the University of Manchester and Research Director at the highly-respected Institute for Fiscal Studies (IFS) in London, is the prize-winner of this year's Richard Musgrave Visiting Professorship. As Visiting Professor she will give the 9th Richard Musgrave Lecture entitled: "Do Sin Taxes Work?" on 27 April 2017. Details

  6. Ricardo@200 – International Trade Theory in Turbulent Times

    teaserImage 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. The conference will take place on 5 May 2017. Details

  7. Munich Seminar: Older. Healthier. More Productive. What Developments Can we Expect in Terms of Pensions and Demography?

    teaserImage Prof. Axel Börsch-Supan, Director of the Max Planck Institute for Social Law and Social Policy in Munich and Head of the Munich Center for the Economics of Aging (MEA), will address key issues concerning our pension system and demographic change in his lecture: “Older. Healthier. More productive. What developments can we expect in terms of pensions and demography?". The lecture (in German) will be given on 24 April 2017 at 6 p.m. in the Ludwig-Erhard-Saal of the Ifo Institute and will be livestreamed via the internet. Details

  8. WTO Agreement on Trade Facilitation: a Success Story With a Very Low Profile in Times of Increasing Protectionism

    teaserImage After prolonged negotiations the World Trade Organisation has successfully concluded a new multilateral trade agreement that was paid very little attention. In the face of growing scepticism about trade agreements per se and the proliferation of policies geared towards national interests, the WTO's Trade Facilitation Agreement marks a major success. Ifo researcher Erdal Yalcin and Felicitas Beier show why in the latest issue of the ifo Schnelldienst. Details

  9. Spotlight on Austria's Pension System: Paradise for Pensioners or Burden for Future Generations?

    teaserImage Austria's pension system is often presented in the media as a model for Germany. After a closer examination of key data on the Austrian pension system, Anja Hülsewig, ifo Institute, and Oliver Hülsewig, Professor at the Munich University of Applied Sciences, cast doubts on its sustainability. Reforms are needed to shore up the financing of the system, including the expansion of private and company pensions. Details

  10. World of Work: Growing Prosperity or Inequality and a Job Losses - What Does Digitalisation Hold?

    teaserImage The world of work is in a state of upheaval. In the public debate concerns are being expressed that technological changesm and digitalisation in particular, are leading to the loss of jobs. Is this concern justified, or will the "World of work 4.0" even bring new jobs and growth in prosperity? These are the issues discussed in the ifo Schnelldienst 7/2017 by Oliver Stettes, Cologne Institute for Economic Research, Melanie Arntz, Terry Gregory and Ulrich Zierahn, Centre for European Economic Research (ZEW), Mannheim, Katharina Dengler, Institute for Employment and Research (IAB), Nuremberg, Daniel Veit, University of Augsburg and MÜNCHNER KREIS, as well as Werner Eichhorst and Ulf Rinne, Institute for the Study of Labor (IZA), Bonn. Details

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