ifo Center for Macroeconomics and Surveys
The research conducted by the ifo Center for Macroeconomics and Surveys focuses on economic policy analyses, macroeconomic research and inequality and redistribution. The Center also provides services in the form of survey data and methodological expertise, as well as business cycle indicators and macroeconomic forecasts. The Center’s “ifo Business Climate Index”, a monthly survey of 10,000 German firms, receives considerable public and media attention as Germany’s most important leading business cycle indicator.
Profile
Research Focus
- Economic Policy Analyses
- Macroeconomic Research
- Inequality and Redistribution
Service Focus
- Survey Data and Methodological Expertise
- Business Cycle Indicators and Macroeconomic Forecasts
Topics
“Implementing coherent reform of taxation and social welfare benefits and contributions in a way that eases the burden on low earners will only be possible if the different institutions work together constructively.”
Prof. Dr. Andreas Peichl, Director of the ifo Center for Macroeconomics and Surveys
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Contribution in Refereed JournalFamData: Database for Family Business Companies in Germany covering company key figures and survey dataKlaus Wohlrabe, Johanna Garnitz, Annette von Maltzan2023Jahrbücher für Nationalökonomie und Statistik
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Contribution in Refereed JournalRecent Temporal Dynamics in Economics: Empirical Analyses of Annual Publications in Economic FieldsLutz Bornmann, Klaus WohlrabeForthcomingJournal of Documentation
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Contribution in Refereed JournalForecasting Regional Industrial Production with Novel High-Frequency Electricity Consumption DataRobert Lehmann, Sascha MöhrleForthcomingJournal of Forecasting
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Contribution in Refereed JournalLearning Income Levels and Inequality from Spatial and Sociodemographic Data in GermanyOana Garbasevschi, Hannes Taubenböck, Paul Schüle, Julia Baarck, Paul Hufe, Michael Wurm, Andreas Peichl2023Applied Geography 159
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Contribution in Refereed JournalDoes Expert Information Affect Citizens’ Attitudes Toward Corona Policies? Evidence from GermanyFlorian Neumeier, Clemens Fuest, Lea Immel, Andreas Peichl2023European Journal of Political Economy 78
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Contribution in Refereed JournalShifts in ECB Communication: A Textual Analysis of the Press ConferencesJustyna Klejdysz, Robin Lumsdaine2023International Journal of Central Banking 19 (2), 473–542
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Contribution in Refereed JournalThe cushioning effect of discretionary policy measures: An assessment of the COVID-19 crisis in GermanyMichael Christl, Silvia De Poli, Tine Hufkens, Andreas Peichl, Mattia Ricci2023International Tax and Public Finance 30, 1107–1136
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Contribution in Refereed JournalUncertainty and the Cost of Bank vs. Bond FinanceChristian Grimme2023Journal of Money, Credit and Banking 55 (1), 143–169
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Contribution in Refereed JournalThe climate in climate economicsAleksandra Friedl, Felix Kübler, Simon Scheidegger, Doris FoliniForthcomingThe Review of Economic Studies
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Contribution in Refereed JournalDemand or Supply? Price Adjustment Heterogeneity during the COVID-19 PandemicSebastian Link, Manuel Menkhoff, Peter Zorn, Almut Balleer2024International Journal of Central Banking 2024, 20 (1), 93-158
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Contribution in Refereed JournalSocial Mobility in GermanyPaul Schüle, Majed Dodin, Sebastian Findeisen, Lukas Henkel, Dominik Sachs2024Journal of Public Economics 232
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Contribution in Refereed JournalA Real-time Regional Accounts Database for Germany with Applications to GDP Revisions and NowcastingRobert LehmannForthcomingEmpirical Economics
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Contribution in Refereed JournalDownward Revision of Investment Decisions after Corporate Tax HikesSebastian Link, Manuel Menkhoff, Andreas Peichl, Paul SchüleForthcomingAmerican Economic Journal: Economic Policy
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Contribution in Refereed JournalEU cohesion policy on the ground: Analyzing small-scale effects using satellite dataJulia Bachtrögler-Unger, Mathias Dolls, Carla Krolage, Paul Schüle, Hannes Taubenböck, Matthias Weigand2023Regional Science and Urban Economics 103
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Contribution in Refereed JournalLocal information and firm expectations about aggregatesJonas Dovern, Lena Müller, Klaus Wohlrabe2023Journal of Monetary Economics 9, 01-13
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Contribution in Refereed JournalThe Federal Reserve’s Output Gap: The Unreliability of Real-Time Reliability TestsJosefine Quast, Maik H. Wolters2023Journal of Applied Econometrics 38 (7), 1101-1111
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Contribution in Refereed JournalHow media content influences economic expectations: evidence from a global expert surveyDorine Boumans, Henrik Müller, Stefan Sauer2023Journal of Forecasting 42 (6), 1295-1308
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Contribution in Refereed JournalBeyond the Business Climate: Supplementary questions in the ifo Business SurveyKatrin Demmelhuber, Stefan Sauer, Klaus Wohlrabe2023Jahrbücher für Nationalökonomie und Statistik 243 (2), 169-182
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Contribution in Refereed JournalExpectation Dispersion, Uncertainty, and the Reaction to NewsBenjamin Born, Zeno Enders, Jonas Dovern2023European Economic Review 154
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Contribution in Refereed Journal'Earned, not Given?' The Effects of Lowering the Full Retirement Age on Retirement DecisionsMathias Dolls, Carla Krolage2023Journal of Public Economics 223, 104909
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Contribution in Refereed JournalThe Liquidity Channel of Fiscal PolicyChristian Bayer, Benjamin Born, Ralph Luetticke2023Journal of Monetary Economics 134, 86-117
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Contribution in Refereed JournalUnconventional Fiscal Policy at WorkRüdige Bachmann, Benjamin Born, Olga Goldfayn-Frank, Georgi Kocharkov, Ralph Luetticke, Michael Weber2023American Economic Association Papers and Proceedings 113, 61-64
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Contribution in Refereed JournalThe Coronavirus Stimulus Package: How Large Is the Transfer Multiplier?Christian Bayer, Benjamin Born, Ralph Luetticke, Gernot J. Müller2023Economic Journal 133 (652), 1318–1347
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Contribution in Refereed JournalThe Forecasting Power of the ifo Business SurveyRobert Lehmann2023Journal of Business Cycle Research 19 (1), 43–94
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Contribution in Refereed JournalInformation Frictions among Firms and HouseholdsSebastian Link, Andreas Peichl, Christopher Roth, Johannes Wohlfart2023Journal of Monetary Economics 135, 99-115
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Contribution in Refereed JournalEfficiency of universities and research-focused institutions worldwide: The introduction of a new input indicator reflecting institutional staff numbersLutz Bornmann, Sabine Gralka, Felix de Moya Anegon, Klaus Wohlrabe2023Journal of Informetrics 17 (2), 101400
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Contribution in Refereed JournalGlobal Financial Cycles since 1880Galina Potjagailo, Maik H. Wolters2023Journal of International Money and Finance 131
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Contribution in Refereed JournalThe Common Interests of Health Protection and the Economy: Evidence From Scenario Calculations of COVID-19 Containment PoliciesFlorian Dorn, Sahamoddin Khailaie, Marc Stoeckli, Sebastian C. Binder, Tanmay Mitra, Berit Lange, Stefan Lautenbacher, Andreas Peichl, Patrizio Vanella, Timo Wollmershäuser, Clemens Fuest, Michael Meyer-Hermann2023The European Journal of Health Economics 24, 67–74
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Contribution in Refereed JournalTime Savings When Working From HomeCevat Giray Aksoy, Jose Maria Barrero, Nicholas Bloom, Steven J. Davis, Mathias Dolls, Pablo Zarate2023American Economic Association Papers and Proceedings 113, 597-603
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Contribution in Refereed JournalThe Effect of Real Estate Purchase Subsidies on Property PricesCarla Krolage2023International Tax and Public Finance 30, 215–246
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Contribution in Refereed JournalReducing Sexual-Orientation Discrimination: Experimental Evidence from Basic Information TreatmentsCevat Giray Aksoy, Christopher S. Carpenter, Ralph de Haas, Mathias Dolls, Lisa Windsteiger2023Journal of Policy Analysis and Management 42 (1), 35–59
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Contribution in Refereed JournalWorking from Home Around the WorldCevat Giray Aksoy, Jose Maria Barrero, Nicholas Bloom, Steven J. Davis, Mathias Dolls, Pablo Zarate2023Brookings Papers on Economic Activity Fall 2022, 281-330
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Contribution in Refereed JournalInequality and Income Dynamics in GermanyAndreas Peichl, Moritz Drechsel-Grau, Johannes F. Schmieder, Kai D. Schmid, Hannes Walz, Stefanie Wolter2022Quantitative Economics 13 (4), 1593–1635
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Contribution in Refereed JournalA multinational Delphi consensus to end the COVID-19 public health threatAndreas Peichl, Jeffrey V. Lazarus, Diana Romero, Christopher J. Kopka et al.2022Nature 611, 332–345
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Contribution in Refereed JournalLoneliness in Europe before and during the COVID-19 pandemicJulia Baarck, Béatrice d'Hombres, Guido Tintori2022Health Policy 126 (11), 1124-1129
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Contribution in Refereed JournalIs the German Mittelstand more resistant to crises? Empirical evidence from the Great RecessionMichael Berlemann, Vera Jahn, Robert Lehmann2022Small Business Economics 59 (3), 1169–1195
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Contribution in Refereed JournalThe Diffusion of Technological Progress in ICTSteffen Elstner, Christian Grimme, Valentin Kecht, Robert Lehmann2022European Economic Review 149, 104277
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Contribution in Refereed JournalMeasuring Unfair Inequality: Reconciling Equality of Opportunity and Freedom from PovertyPaul Hufe, Ravi Kanbur, Andreas Peichl2022Review of Economic Studies 89 (6), 3345–3380
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Contribution in Refereed JournalThe Unequal Consequences of the COVID-19 Pandemic: Evidence from a Representative German Population SurveyLea Immel, Florian Neumeier, Andreas Peichl2022Review of Income and Wealth Wealth 68(2), 471–496
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Contribution in Refereed JournalExpectation Management of Policy Leaders: Evidence from COVID-19Andreas Peichl, Peter Haan, Annekatrin Schrenker, Georg Weizsäcker, Joachim Winter2022Journal of Public Economics 209
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Contribution in Refereed JournalFiscal Consolidation and Automatic Stabilization: New ResultsMathias Dolls, Clemens Fuest, Andreas Peichl, Christian Wittneben2022IMF Economic Review 70 (3), 420–450
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Contribution in Refereed JournalThe influence of Covid-19 on publications in economics Bibliometric evidence from five working paper seriesKlaus Wohlrabe, Constantin Bürgi2022Scientometrics, 5175–5189
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Contribution in Refereed JournalAttitudes toward COVID-19 Vaccination on Social Media: A Cross-Platform AnalysisJoanna Gotlib, Mariusz Jaworski, Justyna Klejdysz, Mariusz Panczyk, Dominik Wawrzuta2022Vaccines 10 (8), 1190
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Contribution in Refereed JournalReliable Real-Time Output Gap Estimates Based on a Modified Hamilton FilterJosefine Quast, Maik Wolters2022Journal of Business & Economic Statistics 40 (1), 152–168
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Contribution in Refereed JournalClassifying top economists using archetypoid analysisSabine Gralka, Klaus Wohlrabe2022Applied Economics Letters, 29:14, 1342-1346
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Contribution in Refereed JournalLong Run Trends in Top Income Shares: the Role of Income and Population GrowthCarla Krolage, Andreas Peichl, Daniel Waldenström2022Journal of Economic Inequality 20, 97-118
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Contribution in Refereed JournalTax Morale and the Role of Social Norms and Reciprocity - Evidence from a Randomized Survey ExperimentPhilipp Dörrenberg, Andreas Peichl2022FinanzArchiv/Public Finance Analysis 78 (1–2), 44–86
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Contribution in Refereed JournalLower and Upper Bound Estimates of Inequality of Opportunity for Emerging EconomiesPaul Hufe, Andreas Peichl, Daniel Weishaar2022Social Choice and Welfare 58 (3), 395–427
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Contribution in Refereed JournalAlphabetized co-authorship in economics reconsideredKlaus Wohlrabe, Lutz Bornmann2022Scientometrics 127, 2173–2193
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Contribution in Refereed JournalSentiment and Firm Behavior During the COVID-19 PandemicLukas Buchheim, Jonas Dovern, Carla Krolage, Sebastian Link,2022Journal of Economic Behavior and Organization 195, 186–198
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Contribution in Refereed JournalSudden Stop: When Did Firms Anticipate the Potential Consequences of COVID-19Lukas Buchheim, Carla Krolage, Sebastian Link2022German Economic Review 23 (1), 79-119
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Contribution in Refereed JournalPredicting the German Economy: Headline Survey Indices under TestRobert Lehmann, Magnus Reif2021Journal of Business Cycle Research 17 (2), 215–232
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Contribution in Refereed JournalElimination versus mitigation of SARS-CoV-2 in the presence of effective vaccinesMiquel Oliu-Barton, Bary S. R. Pradelski, Yann Algan, V. Baker, V. Binagwaho, Gregory J. Dore, Ayman El-Mohandes, Arnaud Fontanet, Andreas Peichl, Viola Priesemann, Guntram B. Wolff, Gavin Yamey, Jeffrey V. Lazarus2021The Lancet Global Health
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Contribution in Refereed JournalMehrheitsfähige und wohlfahrtssteigernde Reformen des deutschen Steuer- und Transfersystems: Von Entzugsraten, Mittelstands- und WohlstandsbäuchenFelix Bierbrauer, Andreas Peichl, Dominik Sachs, Daniel Weishaar2021Perspektiven der Wirtschaftspolitik 22 (3), 191–202
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Contribution in Refereed JournalDistributional Effects of Macroeconomic Shocks in Real-Time: A Novel Method Applied to the Covid-19 Crisis in GermanyKerstin Bruckmeier, Andreas Peichl, Martin Popp, Jürgen Wiemers, Timo Wollmershäuser2021The Journal of Economic Inequality 19 (3), 459 - 487
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Contribution in Refereed JournalDo Working Papers Increase Journal Citations? Evidence From the Top 5 Journals in EconomicsConstantin Burgi, Klaus Wohlrabe2021Applied Economics Letters 28 (17), 1531–1535
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Contribution in Refereed JournalRebalancing the euro area: Is wage adjustment in Germany the answer?Mathias Hoffmann, Martin Kliem, Michael Krause, Stéphane Moyen, Radek Šauer2021Journal of International Money and Finance 119, 102497
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Contribution in Refereed JournalThe effect of dispatch methods on a recruiting campaign for a business survey: evidence from GermanyPrzemyslaw Brandt, Katrin Demmelhuber, Klaus Wohlrabe2021Applied Economics Letters 28 (13), 1141–1144
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Contribution in Refereed JournalWhat is the Benefit from Publishing a Working Paper in a Journal in Terms of Citations? Evidence from EconomicsConstantin Bürgi, Klaus Wohlrabe2021Scientometrics 126 (6), 4701-4714
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Contribution in Refereed JournalMacroeconomic Uncertainty and Forecasting Macroeconomic AggregatesMagnus Reif2021Studies in Nonlinear Dynamics and Econometrics 25( 2), 20190073, online
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Contribution in Refereed JournalForecasting exports across Europe: What are the superior survey indicators?Robert Lehmann2021Empirical Economics 60 (5), 2429–2453
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Contribution in Refereed JournalThe Long-Term Costs of Government Surveillance: Insights from Stasi Spying in East GermanyMax Löffler, Andreas Lichter, Sebastian Siegloch2021Journal of the European Economic Association 19 (2)
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Contribution in Refereed JournalDistance to the Pre-Industrial Technological Frontier, Patience, and Economic DevelopmentSascha Möhrle, Uwe Sunde2021Economics Letters 201, 109788
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Contribution in Refereed JournalAttitudes towards Euro Area Reforms: Evidence from a Randomized Survey ExperimentMathias Dolls, Nils Wehrhöfer2021European Journal of Political Economy 67, 101971
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Contribution in Refereed JournalIs it good to be bad or bad to be good? Assessing the aggregate impact of abnormal weather on consumer spendingAnna Pauliina Sandqvist, Boriss Siliverstovs2021Empirical Economics 61, 3059–3085
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Contribution in Refereed JournalForecasting Imports with Information from AbroadChristian Grimme, Robert Lehmann, Marvin Nöller2021Economic Modelling 98, 109 – 117
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Contribution in Refereed JournalPolitically feasible reforms of non-linear tax systemsFelix Bierbrauer, Pierre Boyer, Andreas Peichl2021American Economic Review 111 (1), 153-191
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Contribution in Refereed JournalReliable Real-Time Output Gap Estimates Based on a Modified Hamilton FilterMaik Wolters, Josefine Quast2020Journal of Business & Economic Statistics
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Contribution in Refereed JournalExpected Effects of the US Tax Reform on Other Countries: Global and Local Survey EvidenceDorine Boumans, Clemens Fuest, Carla Krolage, Klaus Wohlrabe2020International Tax and Public Finance 27, 1608–1630
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Contribution in Refereed JournalBeyond Equal Rights: Equality of Opportunity in Political ParticipationPaul Hufe, Andreas Peichl2020Review of Income and Wealth, 477-511
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Contribution in Refereed JournalWhere have all the working papers gone? Evidence from four major economics working paper seriesAlexandra Baumann, Klaus Wohlrabe2020Scientometrics 124, 2433-2441
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Contribution in Refereed JournalPredicting Ordinary and Severe Recessions with a Three-State Markov-Switching Dynamic Factor Model. An Application to the German Business CycleKai Carstensen, Markus Heinrich, Magnus Reif, Maik H. Wolters2020International Journal of Forecasting 36 (3), 829-850
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Contribution in Refereed JournalElectoral Externalities in Federations – Evidence from German Opinion PollsXenia Frei, Sebastian Langer, Robert Lehmann, Felix Rösel2020Kyklos 73 (2), 227–252
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Contribution in Refereed JournalUsing Archetypoid Analysis to classify Institutions and Faculties of EconomicsSabine Gralka, Klaus Wohlrabe2020Scientometrics 123, 159–179
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Contribution in Refereed JournalThe Macroeconomic Projections of the German Government: A Comparison to an Independent Forecasting InstitutionRobert Lehmann, Timo Wollmershäuser2020German Economic Review
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Contribution in Refereed JournalThe Harmonization of the ifo Business Survey’s Micro DataSebastian Link2020Journal of Economics and Statistics 240 (4), 543–555
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Contribution in Refereed JournalCapital flows in the euro area and TARGET2 balancesNikolay Hristov, Oliver Hülsewig, Timo Wollmershäuser2020Journal of Banking & Finance
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Contribution in Refereed JournalIncentivising Structural Reforms in Europe? A Blueprint for the European Commission’s Reform Support ProgrammeMathias Dolls, Clemens Fuest, Carla Krolage, Florian Neumeier, Daniel Stöhlker2019Intereconomics 54 (1), 42–46
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Contribution in Refereed JournalReprint of: Do retirement savings increase in response to information about retirement and expected pensions?Mathias Dolls, Philipp Doerrenberg, Andreas Peichl, Holger Stichnoth2019Journal of Public Economics, Volume 171, March 2019, 105-116 p.
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Contribution in Refereed JournalExplaining Spatial Patterns of Foreign Employment in GermanyRobert Lehmann, Wolfgang Nagl2019Regional Studies 53 (7), 991–1003
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Contribution in Refereed JournalWie effizient forschen Universitäten in Deutschland, deren Zukunftskonzepte im Rahmen der Exzellenzinitiative ausgezeichnet wurden? Ein empirischer Vergleich von Input- und Output-DatenLutz Bornmann, Sabine Gralka, Felix de Moya Anegon, Klaus Wohlrabe2019Zeitschrift für Evaluation 18 (1), 09-27
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Contribution in Refereed JournalNetworks and efficient policy implementation: Insights from cohesion policyDorine Boumans, Martin Ferry2019Evaluation 25 (4), 411–429
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Contribution in Refereed JournalNormalisation of citation impact in economicsLutz Bornmann, Klaus Wohlrabe2019Scientometrics 120 (2), 841-884
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Contribution in Refereed JournalForecasting GDP all over the World Using Leading Indicators based on Comprehensive Survey DataJohanna Garnitz, Robert Lehmann, Klaus Wohlrabe2019Applied Economics 51(54), 5802–5816
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Contribution in Refereed JournalRestoring Euro Area Monetary Transmission: Which Role for Government Bond Rates?Nikolay Hristov, Oliver Hülsewig, Thomas Siemsen, Timo Wollmershäuser2019Empirical Economics 57 (3), 991-1021
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Contribution in Refereed JournalDemographic Change and the European Income DistributionMathias Dolls, Karina Doorley, Alari Paulus, Hilmar Schneider, Eric Sommer2019The Journal of Economic Inequality 17 (3), 337–357
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Contribution in Refereed JournalIncentivising Structural Reforms in Europe? A Blueprint for the European Commission’s Reform Support ProgrammeClemens Fuest, Mathias Dolls, Carla Krolage, Florian Neumeier, Daniel Stöhlker2019Intereconomics
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Contribution in Refereed JournalTime-Varying Business Volatility and the Price Setting of FirmsRüdiger Bachmann, Benjamin Born, Steffen Elstner, Christian Grimme2019Journal of Monetary Economics 101, 82–99
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Contribution in Refereed JournalHow efficiently produce elite US universities highly cited papers?Félix de Moya Anegon, Lutz Bornmann, Klaus Wohlrabe2019Publications 2019, 7 (1)
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Contribution in Refereed JournalHow to Measure Research Efficiency in Higher Education? Research Grants vs. Publication OutputLutz Bornmann, Sabine Gralka, Klaus Wohlrabe2019Journal of Higher Education Policy and Management 2019, 41 (3), 322-341
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Contribution in Refereed JournalThe Graduation Shift of German Universities of Applied SciencesLutz Bornmann, Sabine Gralka, Klaus Wohlrabe2019PLoS One 14(1): e0210160
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Contribution in Refereed JournalTax Refunds and Income Manipulation: Evidence from the EITCFlorian Buhlmann, Benjamin Elsner, Andreas Peichl2018International Tax and Public Finance 25 (6), 1490–1518
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Contribution in Refereed JournalÖkonomische Ungleichheit in Deutschland – ein ÜberblickPaul Hufe, Andreas Peichl, Marc StöckliDe Gruyter, Berlin, 2018Perspektiven der Wirtschaftspolitik 19 (3), 185–199
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Contribution in Refereed JournalDynamic Scoring of Tax Reforms in the European UnionSalvador Barrios, Mathias Dolls, Anamaria Maftei, Andreas Peichl, Sara Riscado, Janos Varga, Christian Wittneben2019Journal of Policy Analysis and Management 38 (1), 239-262
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Contribution in Refereed JournalSuper-efficiency of education institutions: an application to economics departmentsMatthias Gnewuch, Klaus Wohlrabe2018Education Economics 26 (6), 610-623
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Contribution in Refereed JournalThe Macroeconomics of the Minimum WageRadek Šauer2018Journal of Macroeconomics 56, 89-112
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Contribution in Refereed JournalAn Unemployment Insurance Scheme for the Euro Area? A Comparison of Different Alternatives using Micro DataMathias Dolls, Clemens Fuest, Dirk Neumann, Andreas Peichl2018International Tax and Public Finance 25 (1), 273–309
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Contribution in Refereed JournalDo retirement savings increase in response to information about retirement and expected pensions?Mathias Dolls, Philipp Dörrenberg, Andreas Peichl, Holger Stichnoth2018Journal of Public Economics 158, 168-179
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Contribution in Refereed JournalDo Higher Corporate Taxes Reduce Wages? Micro Evidence from GermanyClemens Fuest, Andreas Peichl, Sebastian Siegloch2018American Economic Review 108 (2), 393-418
Information | Working paper version available as: ifo Working Paper No. 241 (PDF)
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Contribution in Refereed JournalForecast accuracy of a BVAR under alternative specifications of the zero lower boundTim Oliver Berg2017Studies in Nonlinear Dynamics & Econometrics 21(2), 1-29
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Working PaperNicola Garbarino, Sascha Möhrle, Florian Neumeier, Marie-Theres von Schickfusifo Institute, Munich, 2024ifo Working Paper No. 406
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Working PaperDoris Folini, Felix Kubler, Aleksandra Friedl, Simon Scheidegger2023Working Paper
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Working PaperSandra Gottschalk, Carla Krolage, Georg Licht, Andreas Peichl, Sandra Schaffner, Sebastian Wichert2023Verein für Socialpolitik
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Working PaperRobert Lehmann, Christoph SchultCESifo, Munich, 2023CESifo Working Paper No. 10715
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Working PaperBenjamin Born, Zeno Enders, Manuel Menkhoff, Gernot J. Müller, Knut Niemannifo Institute, Munich, 2023ifo Working Paper No. 400
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Working PaperCevat Giray Aksoy, Jose Maria Barrero, Nicholas Bloom, Steven J Davis, Mathias Dolls, Pablo Zarate2023EconPol Policy Brief 53
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Working PaperJonas Hennrich, Stefan Sauer, Klaus WohlrabeCESifo, Munich, 2023CESifo Working Paper No. 10571
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Working PaperJohanna Garnitz, Annette von Maltzan, Klaus WohlrabeCESifo, Munich, 2023CESifo Working Paper No. 10540
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Working PaperIsabel Gödl-Hanisch, Manuel MenkhoffCESifo, Munich, 2023CESifo Working Paper No. 10520
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Working PaperSebastian Blesse, Florian Dorn, Max Layifo Institute, Munich, 2023EconPol Policy Report 42
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Working PaperMathias Dolls, Max Lay2023EconPol Policy Brief 52
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Working PaperMathias Dolls, Paul Schüle, Lisa WindsteigerCESifo, Munich, 2023CESifo Working Paper No. 10493
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Working PaperPaul Schüleifo Institute, Munich, 2023ifo Working Paper No. 395
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Working PaperMathias Dolls, Carla KrolageCESifo, Munich, 2023CESifo Working Paper No. 10420
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Working PaperFelix J. Bierbrauer, Pierre C. Boyer, Andreas Peichl, Daniel WeishaarCESifo, Munich, 2023CESifo Working Paper No. 10414
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Working PaperSebastian Blesse, Florian Dorn, Max Layifo Institute, Munich, 2023ifo Working Paper No. 393
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Working PaperEichhorst Werner, Holger Bonin, Annabelle Krause-Pilatus, Paul Marx, Mathias Dolls, Max Layifo Institute, Munich, 2023EconPol Policy Report 40
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Working PaperRobert LehmannCESifo, Munich, 2023CESifo Working Paper No. 10315
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Working PaperRobert Lehmann, Ida WikmanCESifo, Munich, 2023CESifo Working Paper No. 10280
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Working PaperMichaela PaffenholzCESifo, Munich, 2023CESifo Working Paper No. 10248
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Working PaperCevat Giray Aksoy, Jose Maria Barrero, Nicholas Bloom, Steven J. Davis, Mathias Dolls, Pablo ZarateCESifo, Munich, 2023CESifo Working Paper No. 10240
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Working PaperBenjamin Born, Zeno Enders, Manuel Menkhoff, Gernot J. Müller, Knut NiemannCESifo, Munich, 2022CESifo Working Paper No. 10192
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Working PaperJulia Bachtrögler-Unger, Mathias Dolls, Carla Krolage, Paul Schüle, Hannes Taubenböck, Matthias WeigandCESifo, Munich, 2022CESifo Working Paper No. 10056
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Working PaperMichele Battisti, Ilpo Kauppinen, Britta Rudeifo Institute, Munich, 2022ifo Working Paper No. 381
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Working PaperJean-Victor Alipour, Oliver Falck, Simon Krause, Carla Krolage, Sebastian WichertCESifo, Munich, 2022CESifo Working Paper No. 10000
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Working PaperDorine Boumans, Henrik Müller, Stefan Sauerifo Institute, Munich, 2022ifo Working Paper No. 380
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Working PaperRadek ŠauerCESifo, Munich, 2022CESifo Working Paper No. 9942
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Working PaperRobert Lehmann, Sascha MöhrleCESifo, Munich, 2022CESifo Working Paper No. 9917
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Working PaperMagdolna Hiersemenzel, Stefan Sauer, Klaus WohlrabeCESifo, Munich, 2022CESifo Working Paper No. 9863
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Working PaperSebastian Link, Manuel Menkhoff, Andreas Peichl, Paul Schüle2022EconPol Policy Brief 44
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Working PaperAndreas Peichl, Martin PoppCESifo, Munich, 2022CESifo Working Paper No. 9799
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Working PaperSebastian Link, Manuel Menkhoff, Andreas Peichl, Paul SchüleCESifo, Munich, 2022CESifo Working Paper No. 9786
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Working PaperConstantin Bürgi, Klaus WohlrabeCESifo, Munich, 2022CESifo Working Paper No. 9787
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Working PaperFrancesco Corti, Daniel Gros, Tomas Ruiz, Alessandro Liscai, Tamas Kiss-Galfalvi, David Gstrein, Elena Herold, Mathias Dolls, Clemens Fuestifo Institute, Munich, 2022EconPol Policy Report 39
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Working PaperFrancesco D'Acunto, Sascha Möhrle, Florian Neumeier, Andreas Peichl, Michael WeberCESifo, Munich, 2022CESifo Working Paper No. 9727
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Working PaperRobert Lehmann, Ida Wikmanifo Institute, Munich, 2022ifo Working Paper No. 370
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Working PaperKatrin Demmelhuber, Stefan Sauer, Klaus WohlrabeCESifo, Munich, 2022CESifo Working Paper No. 9666
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Working PaperTim Kaiser, Lukas MenkhoffCESifo, Munich, 2022CESifo Working Paper No. 9661
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Working PaperRüdiger Bachmann, David Baqaee, Christian Bayer, Moritz Kuhn, Andreas Löschel, Benjamin Moll, Andreas Peichl, Karen Pittel, Moritz Schularickifo Institute, Munich, 2022EconPol Policy Report 36
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Working PaperFlorian Dorn, Sahamoddin Khailaie, Marc Stöckli, Sebastian C. Binder, Tanmay Mitra, Berit Lange, Stefan Lautenbacher, Andreas Peichl, Patrizio Vanella, Timo Wollmershäuser, Clemens Fuest, Michael Meyer-Hermannifo Institute, Munich, 2022ifo Working Paper No. 367
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Working PaperMoritz Drechsel-Grau, Andreas Peichl, Johannes Friedrich Schmieder, Kai D. Schmid, Hannes Walz, Stefanie WolterCESifo, Munich, 2022CESifo Working Paper No. 9605
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Working PaperRadek Šauerifo Institute, Munich, 2022ifo Working Paper No. 366
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Working PaperFrancesco Corti, Daniel Gros, Tomas Ruiz, Alessandro Liscai, Tamas Kiss-Galfalvi, David Gstrein, Elena Herold, Mathias Dollsifo Institute, Munich, 2021EconPol Policy Brief 40
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Working PaperKlaus Wohlrabe, Lutz BornmannCESifo, Munich, 2021CESifo Working Paper No. 9230
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Working PaperSabine Gralka, Klaus WohlrabeCESifo, Munich, 2021CESifo Working Paper No. 9216
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Working PaperMajed Dodin, Sebastian Findeisen, Lukas Henkel, Dominik Sachs, Paul SchüleCESifo, Munich, 2021CESifo Working Paper No. 9200
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Working PaperMarcell Göttert, Robert LehmannCESifo, Munich, 2021CESifo Working Paper No. 9148
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Working PaperMagnus Reif, Mewael F. Tesfaselassie, Maik H. WoltersCESifo, Munich, 2021CESifo Working Paper No. 9140
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(revised version)
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Article in JournalTimm Bönke, Oliver Holtemöller, Stefan Kooths, Torsten Schmidt, Timo WollmershäuserZBW – Leibniz-Informationszentrum Wirtschaft, Hamburg, 2024Wirtschaftsdienst - Zeitschrift für Wirtschaftspolitik, 104. Jahrgang, Heft 4, 246–251
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Article in JournalRobert Lehmann, Stefan Sauer, Daria Schaller, Klaus Wohlrabeifo Institut, München, 2024ifo Schnelldienst, 2024, 77, Nr. 01, 55-60
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Monograph (Authorship)Lara Zarges, Johanna Garnitz, Annette von Maltzan, Klaus WohlrabeStiftung Familienunternehmen, München, 2023Jahresmonitor der Stiftung Familienunternehmen
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Article in JournalJohanna Garnitz, Daria Schallerifo Institut, München, 2023ifo Schnelldienst, 2023, 76, Nr. 12, 51-55
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Article in JournalJohanna Garnitz, Daria Schallerifo Institut, München, 2023ifo Schnelldienst, 2023, 76, Nr. 12, 42-45
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Monograph (Authorship)Maximilian Joseph Blömer, Andreas PeichlSachverständigenrat zur Begutachtung der gesamtwirtschaftlichen Entwicklung, 2023
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Paper in Academic VolumeMaximilian Blömer, Max Lay, Andreas Peichl, Ann-Christin Rathje, Tamara Ritter, Paul Schüle, Anne SteuernagelInstitute for Fiscal Studies, 2023Country Studies: Inequalities in Europe and North America A parallel study to the IFS Deaton Review, 47-52
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Article in JournalThomas Licht, Klaus Wohlrabeifo Institut, München, 2023ifo Schnelldienst, 2023, 76, Nr. 12, 38-41
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Article in JournalSandra Gottschalk, Carla Krolage, Georg Licht, Andreas Peichl, Sandra Schaffner, Sebastian Wichert2023Wirtschaftsdienst 103 (11), 750–753
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Article in JournalFelix Leiss, Thomas Licht, Klaus Wohlrabeifo Institut, München, 2023ifo Schnelldienst, 2023, 76, Nr. 11, 48-51
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Article in JournalJohanna Garnitz, Stefan Sauer, Daria Schallerifo Institut, München, 2023ifo Schnelldienst, 2023, 76, Nr. 09, 60-64
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Article in JournalJohanna Garnitz, Daria Schallerifo Institut, München, 2023ifo Schnelldienst, 2023, 76, Nr. 09, 65-68
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Article in JournalJonas Hennrich, Stefan Sauer, Klaus Wohlrabeifo Institut, München, 2023ifo Schnelldienst, 2023, 76, Nr. 08, 37-40
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Article in JournalFlorian Dorn, David Gstrein, Florian Neumeier, Andreas Peichlifo Institut, München, 2023ifo Schnelldienst, 2023, 76, Nr. 08, 29-36
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Paper in Academic VolumeSabine Rumscheidt, Raffaela Seitzifo Institut, München, 2023ifo Beiträge zur Wirtschaftsforschung / 100, 40-53
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Paper in Academic VolumeStefan Sauer, Klaus Wohlrabeifo Institut, München, 2023ifo Beiträge zur Wirtschaftsforschung / 100, 168-170
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Paper in Academic VolumeJonas Hennrich, Stefan Sauer, Klaus Wohlrabeifo Institut, München, 2023ifo Beiträge zur Wirtschaftsforschung / 100, 82-85
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Paper in Academic VolumeStefan Sauer, Klaus Wohlrabeifo Institut, München, 2023ifo Beiträge zur Wirtschaftsforschung / 100, 132-134
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Paper in Academic VolumeStefan Sauer, Klaus Wohlrabeifo Institut, München, 2023ifo Beiträge zur Wirtschaftsforschung / 100, 171-173
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Paper in Academic VolumeStefan Sauerifo Institut, München, 2023ifo Beiträge zur Wirtschaftsforschung / 100, 10-25
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Paper in Academic VolumeRaffaela Seitz, Przemyslaw Brandtifo Institut, München, 2023ifo Beiträge zur Wirtschaftsforschung / 100, 65-74
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Paper in Academic VolumeRuediger Bachmann, Kai Carstensen, Manuel Menkhoff, Martin Schneiderifo Institut, München, 2023ifo Beiträge zur Wirtschaftsforschung / 100, 209-217
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Paper in Academic VolumeStefan Sauer, Klaus Wohlrabeifo Institut, München, 2023ifo Beiträge zur Wirtschaftsforschung / 100, 01-03
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Paper in Academic VolumeJulia Freudingifo Institut, München, 2023ifo Beiträge zur Wirtschaftsforschung / 100, 26-39
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Paper in Academic VolumeKlaus Wohlrabeifo Institut, München, 2023ifo Beiträge zur Wirtschaftsforschung / 100, 135-141
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Paper in Academic VolumeKatrin Demmelhuberifo Institut, München, 2023ifo Beiträge zur Wirtschaftsforschung / 100, 174-177
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Paper in Academic VolumeKlaus Gründler, Niklas Potrafke, Timo Wochnerifo Institut, München, 2023ifo Beiträge zur Wirtschaftsforschung / 100, 236-243
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Article in JournalMathias Dolls, Florian Dorn, David Gstrein, Max LayCESifo, Munich, 2023EconPol Forum 24 (4), 67-72
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Article in JournalSebastian Blesse, Florian Dorn, Max LayCESifo, Munich, 2023EconPol Forum 24 (4), 49-56
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Article in JournalJulia Freuding, Johanna Garnitz, Daria Schallerifo Institut, München, 2023ifo Schnelldienst, 2023, 76, Nr. 07, 62-67
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Article in JournalJohanna Garnitz, Friedrich Lührs, Annette von Maltzan, Klaus Wohlrabeifo Institut, München, 2023ifo Schnelldienst, 2023, 76, Nr. 07, 51-57
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Article in JournalTimo Wollmershäuserifo Institut, München, 2023ifo Schnelldienst, 2023, 76, Nr. 07, 58-61
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Article in JournalMarcell Göttert, Timo Wollmershäuserifo Institut, München, 2023ifo Schnelldienst, 2023, 76, Nr. 07, 37-43
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Article in JournalTimo Wollmershäuser, Stefan Ederer, Maximilian Fell, Friederike Fourné, Max Lay, Robert Lehmann, Sebastian Link, Sascha Möhrle, Ann-Christin Rathje, Radek Šauer, Moritz Schasching, Marcus Scheiblecker, Lara Zargesifo Institut, München, 2023ifo Schnelldienst, 2023, 76, Sonderausgabe Juni, 01-53
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Article in JournalKatrin Demmelhuberifo Institut, München, 2023ifo Schnelldienst, 2023, 76, Nr. 06, 29-35
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Article in JournalMax Layifo Institut, München, 2023ifo Schnelldienst, 2023, 76, Nr. 06, 36-39
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Article in JournalSebastian Blesse, Florian Dorn, Max Layifo Institut, München, 2023ifo Schnelldienst, 2023, 76, Nr. 06, 22-28
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Monograph (Authorship)Mathias Dolls, Florian Dorn, David Gstrein, Max Lay, Florian Neumeier, Andreas PeichlHanns-Seidel-Stiftung e.V., München, 2023
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Article in JournalCevat Giray Aksoy, Christopher S. Carpenter, Ralph De Haas, Mathias Dolls, Lisa WindsteigerCESifo, Munich, 2023EconPol Forum 24 (3), 41-43
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Article in JournalTimo Wollmershäuser, Oliver Holtemöller, Stefan Kooths, Torsten Schmidt2023Wirtschaftsdienst 103 (4), 259–263
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Article in JournalJohanna Garnitz, Annette von Maltzanifo Institut, München, 2023ifo Schnelldienst, 2023, 76, Nr. 04, 63-69
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Article in JournalJulia Freuding, Johanna Garnitz, Daria Schallerifo Institut, München, 2023ifo Schnelldienst, 2023, 76, Nr. 04, 70-74
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Article in JournalImmo Frieden, Andreas Peichl, Paul SchüleCESifo, Munich, 2023EconPol Forum 24 (2), 50-55
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Article in JournalImmo Frieden, Andreas Peichl, Paul Schüleifo Institut, München, 2023ifo Schnelldienst, 2023, 76, Nr. 03, 31-36
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Article in JournalStefan Sauer, Timo Wollmershäuserifo Institut, München, 2023ifo Schnelldienst, 2023, 76, Nr. 03, 52-56
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Article in JournalTimo Wollmershäuser, Stefan Ederer, Friederike Fourné, Max Lay, Robert Lehmann, Sebastian Link, Sascha Möhrle, Ann-Christin Rathje, Radek Šauer, Stefan Sauer, Moritz Schasching, Lara Zargesifo Institut, München, 2023ifo Schnelldienst digital, 2023, 4, Nr. 2, 01-14
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Article in JournalJulia Freuding, Johanna Garnitzifo Institut, München, 2023ifo Schnelldienst, 2023, 76, Nr. 03, 48-51
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Paper in Academic VolumeMax LaySevilla, 2023European Commission / Joint Research Centre (JRC) of the European Commission
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Monograph (Authorship)Sebastian Blesse, Florian Dorn, Max LayEconomic Governance and EMU scrutiny Unit (EGOV) Directorate-General for Internal Policies, Brussels, 2023
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Article in JournalKlaus Wohlrabeifo Institut, München, 2023ifo Schnelldienst, 2023, 76, Nr. 02, 54-56
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Article in JournalMathias Dolls, Max Layifo Institut, München, 2023ifo Schnelldienst, 2023, 76, Nr. 02, 37-42
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ProjectFederal Ministry of Education and ResearchSeptember 2023 - August 2026
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ProjectFederal Ministry for Economic Affairs and Climate ActionJuly 2022 - June 2026
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ProjectinternalJanuar 2023 - Dezember 2025
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ProjectGerman Research FoundationJanuary 2023- December 2025
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ProjectFederal Ministry of Education and Research, German Aerospace CenterApril 2022 - March 2025
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ProjectGerman Research FoundationJanuary 2021- December 2024
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ProjectFederal Ministry for Family Affairs, Senior Citizens, Woman and YouthNovember 2022 - December 2024
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ProjectJoint Research Council of the European Commission – Seville2021 - 2024
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ProjectGerman Council of Economic Experts (Sachverständigenrat zur Begutachtung der gesamwirtschaftlichen Entwicklung)August 2023 - December 2023
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ProjectDeutsche BundesbankMarch 2022 - December 2024
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ProjectSociety for the Promotion of Economic Research (Friends of the ifo Institute) e.V.October 2023 - September 2024
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ProjectinternalJanuar 2024 - Dezember 2024
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ProjectEuropean CommissionJanuary 2023 - August 2024
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ProjectChamber of Industry and Commerce for Munich and Upper Bavaria1 March – 31 May 2024
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ProjectFondazione Compagnia di San Paolo and Volkswagen FoundationJune 2020 - May 2024
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ProjectFederation of German Employers‘ Associations in the Metal and Electrical Engineering Industries (Gesamtmetall e.V.)January 2024 - March 2024
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ProjectFederal Ministry of Education and Research, German Aerospace CenterApril 2022 - March 2024
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ProjectZentrum für neue SozialpolitikJanuary 2023 - December 2023
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ProjectHanseatic Blockchain Institute e.V. on behalf of the Federal Ministry of Economics and Climate ProtectionJanuar 2023 – Dezember 2023
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ProjectBundesministeriums für Arbeit und SozialesMarch 2023 – December 2023
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ProjectTechnische Universität MünchenAugust 2023 - September 2023
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ProjectinternalOctober 2022 – June 2023
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ProjectEuropäisches Parlament – DG Internal Policies of the UnionJanuar 2023 - März 2023
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ProjectGesamtmetall employers’ associationongoing
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ProjectGesamtverband der Deutschen Versicherungswirtschaft e. V.ongoing since mid-1999
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ProjectFederal Logistics Associationongoing
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ProjectFoundation for Family Businessongoing since 2017
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ProjectKfW Bankengruppeongoing since October 2020
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ProjectInternalOngoing since 2020
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ProjectKfW Banking Groupongoing since 2003
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ProjectWirtschaftswocheongoing
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ProjectInternalongoing
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Projectinternal projectongoing
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ProjectRandstad Deutschland GmbH & Co. KGongoing since May 2007, quarterly survey
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ProjectGerman Chamber of Architectsongoing since 2017
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Projectinternalongoing
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ProjectTechnische Universität MünchenSeptember 2022 - December 2022
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ProjectHanns-Seidel-Stiftung e.V.April 2022 – Dezember 2022
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ProjectHelmholtz Centre for Infection ResearchMarch 2021 - December 2022
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ProjectIndeedJuli 2022 - Dezember 2022
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ProjectFederal Ministry of Labour and Social AffairsNovember 2021 - Oktober 2022
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ProjectBundesinstitut für Bau-, Stadt- und RaumforschungSeptember 2021 - October 2022
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ProjectFederal Ministry of Education and ResearchNovember 2018 – September 2022
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ProjectGerman Federal Ministry for Economic Affairs and EnergyJuly 2018 – June 2022
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Projectinternalsince June 2023
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ProjectFederal Ministry of FinanceMarch 2022 – May 2022
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Projectinternalongoing (since April 2022)
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ProjectVerband Deutscher Bürgschaftsbanken e.V.January 2022 - February 2022
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ProjectEU ParlamentOctober 2021 - February 2022
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ProjectBertelsmann FoundationJuly 2021 - January 2022
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ProjectCESifo GmbHcompleted (December 2022)
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ProjectGerman Federal Ministry of FinanceMarch 2017 - December 2021
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ProjectThe Society for the Promotion of Economic Research (Freunde des ifo Instituts) e.V.May 2021 – December 2021
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ProjectFederal Ministry of Education and ResearchJanuary 2019 - December 2021
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ProjectGesellschaft zur Förderung der wirtschaftswissenschaftlichen Forschung (Freunde des ifo Instituts) e.V.September 2020 - December 2021
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ProjectInternalApril 2004 - December 2021
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ProjectGesellschaft zur Förderung der wirtschaftswissenschaftlichen Forschung (Freunde des ifo Instituts) e.V.September 2020 - October 2021
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ProjectBertelsmann FoundationOctober 2018 - October 2021
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ProjectBavarian State Ministry of Economic Affairs, Regional Development and EnergySeptember 2020 – September 2021
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ProjectinternalJanuary 2021 - September 2021
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ProjectFederal Ministry of FinanceMärz 2021 - August 2021
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ProjectFederal Ministry of FinanceMay 2021 - July 2021
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ProjectGerman Research FoundationJanuary 2018 - June 2021
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ProjectEconPol EuropeSeptember 2020 - March 2021
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ProjectIndustrie- und Handelskammer für München und OberbayernSeptember 2020 – February 2021
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ProjectBertelsmann StiftungOctober 2020 – January 2021
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ProjectBundesverband Deutscher Leasing-Unternehmen2005 - 2020
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ProjectPartially funded by the EU1977 - December 2020
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ProjectFederal Ministry of FinanceSeptember 2020 – December 2020
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ProjectInternaluntil December 2020
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ProjectFederal Ministry of HealthApril 2020 – November 2020
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ProjectBundestagsfraktion Bündnis 90/Die GrünenJanuary 2020 - September 2020
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ProjectNORFACESeptember 2017 - September 2020
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ProjectDeutsche Bundesbank, Bavarian headquartersAugust 2017 - July 2020
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ProjectFederal Ministry of FinanceJune 2020 - July 2020
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ProjectBavarian Ministry of Economic Affairs, regional Development, and EnergyApril 2020 - May 2020
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ProjectFederal Ministry of Education and ResearchSeptember 2019 - April 2020
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ProjectFederal Ministry of FinanceFebruary 2020 – March 2020
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ProjectStiftung GrundeinkommenOctober 2019 – March 2020
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ProjectFinanced by the EU1955 - 2022
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ProjectPartially funded by the EUKT west since 1949; KT east since 1991
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ProjectBavarian Ministry of Economic Affairs, Regional Development and Energy, "Förderbank" of Baden-Württemberg, NRW BankBavaria since 1979; Baden-Württemberg since 1996; North Rhine-Westphalia since 2007; Saxony since 1994
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Projectinternal2011 - 2019
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ProjectWirtschaftswoche, Internal1988 - 2019
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Projectintern1981 - 2019
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ProjectFederal Ministry of Labour and Social AffairsJanuary 2019 - November 2019
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ProjectFederal Ministry for Economic Affairs and EnergySeptember 2019 – October 2019 (6 weeks)
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ProjectGerman Council of Economic ExpertsAugust 2019 - October 2019
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ProjectFederal Ministry of FinanceMarch 2019 - August 2019
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ProjectFritz Thyssen Stiftung für WissenschaftsförderungSeptember 2016 - August 2019
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ProjectLeibniz Research Alliance "Crises in a Globalised World"June 2018 - June 2019
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ProjectEuropean ParliamentApril 2019-May 2019
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ProjectBertelsmann StiftungAugust 2018 - December 2018
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ProjectThe World Bank Group: Maurizio Bussolo, Mattia Makovec, Ekaterina UshakovaMarch 2018 - December 2018
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ProjectENBW Trading GmbH2 January 2010 - 30 December 2018
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ProjectBertelsmann FoundationJune 2018 - September 2018
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ProjectGerman Federal Ministry for Economic Affairs and EnergyJuly 2016 - June 2018
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ProjectEuropean ParliamentJanuary 2018 – May 2018
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ProjectFrankfurt am Main Chamber of Commerce and IndustryMarch 2018 - April 2018
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ProjectGerman Federal Ministry for Economic Affairs and EnergySeptember 2017 - December 2017
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Projects in Economic Policy Analyses
The Center employs various methods to study the efficiency, welfare and stabilising effects of economic policies from national, European, and international perspectives. Researchers in this area conduct ex-post analyses using both macro and microdata to assess the impact of implemented reforms. Ex-ante analyses address the effects of reform proposals for the German tax-benefit system, fiscal policies in other EU member states, as well as the economic effects of fiscal integration in Europe using (behavioural) simulation models. These include ifo’s tax-benefit microsimulation model for Germany (developed together with the ifo Center for Public Finance and Political Economy), EUROMOD, the tax-benefit microsimulation model for the European Union and the NBER’s TAXSIM model for the US. These models allow micro-based analyses of changes in tax and transfer policies and the simulation of counterfactual policy reforms. Based on the results of these empirical studies, researchers develop policy recommendations for designing efficient and equitable tax and transfer systems.
The Center has actively contributed to the current debate about euro area reforms through various research projects and policy papers. It has published papers studying the economic effects of different fiscal union scenarios, for example of a common unemployment insurance scheme in the euro area. Researchers in this area have examined public attitudes towards those reforms by means of randomised survey experiments. In another policy-relevant project, the Center has developed the first dynamic scoring framework for modelling and analysing tax and benefit reforms for all EU countries together with co-authors from the European Commission and its Joint Research Centre. To this end, the researchers involved have combined EUROMOD with QUEST, the European Commission’s dynamic stochastic general equilibrium (DSGE) model used for the analysis of structural reforms. This work has a direct policy impact, as the newly developed framework will be applied by the European Commission within the context of the European Semester in the future.
Another research area is the European Central Bank’s monetary policy and its impact on financial stability and the overall economy. Furthermore, the Center’s research focuses on the reform process of financial sector regulations, particularly with regard to the European Banking Union.
Macroeconomic Research
The Center´s macroeconomic research primarily investigates the causes and economic impact of macroeconomic shocks and deduces their implications for applied business cycle analysis. Thematically, its work focuses on the influence of financial market frictions and uncertainty, as well as the impact of monetary and financial policy measures on real and financial variables. Many questions are drawn from experiences and observations related to the global financial crisis and the euro crisis. As far as methods are concerned, both theoretical approaches like, for example, DSGE models, and empirical time series approaches such as VAR models are used. The survey data collected by the ifo Institute is often used in empirical work. Financial constraints and business uncertainty, for example, are identified using special questions from the ifo Business Survey at the firm level.
In the area of forecasting methodology, the Center primarily concentrates on processes of information condensation and selection against a background of the enormous amounts of data available to the forecasters (partly as a result of ifo´s own surveys). For example, this area investigates whether microdata from business and surveys are suitable for forecasting macroeconomic time series. In addition, alternative condensation procedures for microdata on participants, industries and regional delimitations are examined. One example is boosting techniques that enable the identification of core information (e.g. firms with a high forecasting quality). Furthermore, processes like Bayesian model averaging or models with mixed frequencies are examined for their suitability and are further developed.
Inequality and Redistribution
The Center also investigates trends in income and wealth distribution, as well as other indicators of inclusion and equal opportunity. Using a variety of econometric techniques, the Center conducts microdata analyses to explore trends in wealth and income distribution, and to identify the causal effects of tax and transfer policies.
Particular attention is devoted to the empirical analysis of equal opportunity and regional differences in inequality. In addition, researchers analyse potential drivers of changing inequality like globalisation and demographic change, and especially the role of tax and transfer systems. Individual preferences regarding redistribution and attitudes toward “fair” tax systems are additional areas of research. Based on these studies, researchers provide policy advice for reforms of the tax and transfer system to improve equality of opportunity.
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The Center also provides services in the form of survey data and methodological expertise, as well as business cycle indicators and macroeconomic forecasts. The Center’s “ifo Business Climate Index”, a monthly survey of 10,000 German firms, receives considerable public and media attention as Germany’s most important leading business cycle indicator.
A key service function of the Center is conducting and interpreting business surveys. The regularly collected data not only constitute an integral part of the ifo Institute’s economic forecasts; they also form the basis of industry and aggregate economic forecasts of businesses, industry associations and government agencies. The survey results are extensively discussed and interpreted in the media. In economic research, microdata derived from ifo business surveys play an important role in testing economic behavioural patterns – for example investment and employment behaviour, labour market trends or pricing policies. The Institute’s excellent reputation in the area of business surveys is also confirmed by the fact that the surveying techniques developed at the Center are currently used in over fifty countries across the world. The regular surveys are also part of the harmonised European Commission Business Surveys Framework from which the Center receives considerable funding. The Center delivers monthly parts of its aggregated survey results, which are then included in the European Sentiment Indicator.
The Center’s economic forecasts are based on on-going observation and analysis of economic developments, taking the survey results and the constructed indicators into special consideration. Numerous empirical models are used in its forecasts. For the short-term forecasts, approaches are typically applied that suitably compact and employ information from timely indicators in forecasting. Examples are bridge equations, vector-autoregressive (VAR) models, factor models and models of mixed frequencies. For a forecast horizon of over 2 quarters, more structural time-series methods and macroeconomic models are used. In recent years the Center has set-up the so-called ifo-DGSE model for Germany, which simulates the German economy as part of the euro area in the framework of an estimated micro-founded, structural multi-country model. This model is not only used for forecasting, but is also adopted in policy simulations. To ensure that its economic forecasts are scientifically sound, the Center’s models for the analysis and forecasting of business cycle are constantly examined with regard to their practical suitability. Based on the Center’s own research, the models are regularly improved and new developments in forecasting methods are implemented.
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Prof. Dr. Benjamin Born, Associate Professor of Economics, Frankfurt School of Finance & Management
Prof. Dr. Carla Krolage, Professor of Economic Data Science, University of Regensburg
Prof. Dr. Maik Wolters, Professor of Economics, Christian-Albrechts-University Kiel Institute of Economics
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Prof. Dr. Rüdiger Bachmann, University of Notre Dame
Prof. Dr. Almut Balleer, RWTH Aachen
Prof. Dr. Kai Carstensen, Christian-Albrecht-University of Kiel
Professor Georg Dürnecker, Ph.D., Goethe University Frankfurt
Prof. Dr. Gernot Müller, University of Tübingen
Prof. Dr. Christopher Roth, University of Cologne
Prof. Dr. Dominik Sachs, University of St. Gallen
Prof. Dr. Jan-Egbert Sturm, ETH Zurich
Prof. Michael Weber, Ph.D., University of Chicago
Johannes Wohlfart, Ph.D., University of Copenhagen
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Prof. Dr. Steffen Henzel, Hochschule für angewandte Wissenschaften
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ifo ConferenceKeynote Speaker: Olivier Coibion (University of Texas) and Evi Pappa (Universidad Carlos III)5 – 6 December 2024ifo Institute, Munich
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ifo Workshop22 – 23 February 2024ifo Institute, Poschingerstr. 5, 81679 Munich
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ifo Lunchtime SeminarLuisa Wallossek, LMU Munich26 July 2023Munich
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ifo Workshop24 – 25 July 2023ifo Institute, Poschingerstr. 5, 81679 Munich
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ifo Lunchtime SeminarMuhammed Yildirim12 July 2023München
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ifo Lunchtime SeminarMarianne Simonsen and Lars Skipper, Aarhus University6 July 2023München
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ifo ConferenceKeynote: Johannes Stroebel (New York University)23 – 24 June 2023ifo Institute, Munich
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ifo Lunchtime SeminarJean-Victor Alipour, Oliver Falck, Simon Krause, Carla Krolage, Sebastian Wichert15 June 2022München
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ifo ConferenceKeynotes: Ulrike M. Malmendier (UC, Berkeley) and Stephanie Schmitt-Grohé (Columbia University)3 – 4 February 2022Online
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Dresdner Vorträge zur WirtschaftspolitikProf. Andreas Peichl, ifo Institut31 January 2022Online (Zoom)
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ifo Conference1 – 2 July 2021Online
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ifo Conference22 – 23 April 2021online
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ifo ConferenceKeynote Speakers: Emi Nakamura and Benjamin Moll25 – 26 February 2021Online
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ifo Conference21 – 22 February 2020Munich
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ifo Conference8 – 9 July 2019Warsaw, Poland
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ifo Conference7 – 8 December 2018Munich
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