Latest News

Experts Expect Inflation to Remain High
Economists worldwide expect a persistently high level for inflation rates, according to the Economic Experts Survey, a quarterly survey of experts conducted by the ifo Institute. For 2025, the economists surveyed anticipate an average global rate of 4.0 percent, which is in line with the expectations of the previous quarter. Expectations for Germany over the next few years are stable at 2.4 percent for 2025 and 2.3 percent for 2026 and 2028.

Birth Rate in Germany Would Have Dropped Even Without the Contraceptive Pill
The birth rate in Germany did not drop due to the introduction of the contraceptive pill. “Demographic change already started before access to the pill became widespread,” says ifo researcher Klara Lehmann. In West Germany, the birth rate fell from 2.45 children per woman (1961) to 1.92 ten years later; in East Germany, from 2.48 (1965) to 1.54 – but the decline there had started before 1964. The pill was therefore more of a contributing factor.

Permanent Depreciation as a Growth Driver
Permanent Depreciation as a Growth Driver Declining balance depreciation under the Investment booster should be made permanent, according to the ifo Schnelldienst. Simulations show that both a cut in corporate tax rates and the introduction of declining balance depreciation increase the capital stock and investments in the long run.
ifo Business Climate Rises Slightly (July 2025)
Sentiment among German companies has improved somewhat. The ifo Business Climate Index rose to 88.6 points in July, up from 88.4 points in June. Companies were slightly more satisfied with current business. Their expectations, however, remained largely unchanged. The upturn in the German economy remains sluggish.

Contributions in Refereed Journals
The Global Persistence of Work from Home
Debunking “Fake News” on Social Media: Short-Term and Longer-Term Effects of Fact Checking and Media Literacy Interventions
Computers as stepping stones? Technological change and equality of labor market opportunities
Researchers
ifo Institute is a science hub and also a place where researchers from all over the world come together. It is our researchers who are crucial to our success.
3 Questions for ...
The short interviews in the Annual Report 2024 assemble voices from inside the ifo Institute. They provide an insight into the diverse tasks and topics that move us - and show the people who contribute to the success of our work with their expertise and commitment: in research, management and service.
Research Areas
Spezialised research areas, each with their own profile, work together at ifo Institute. They cover a broad range of topics, are closely related and make joint contributions to economic research and policy advice.
CESifo Network: Promoting Research Excellence
CESifo is a global network of more than 2000 members who are selected on the basis of their expertise and extensive experience in CESifo's research areas. Members are invited to join the network as Affiliates or Fellows after a research stay at the Center for Economic Studies or the ifo Institute.

Events and Release Dates
EconPol Europe: Evidence-Based Policy Debate
EconPol Europe is CESifo’s economic policy platform. EconPol’s mission is to contribute to the crafting of evidence-based, effective economic policy in the face of the rapidly evolving challenges faced by the European economies and their global partners.

About Us
The ifo Institute wants to help shape the economic policy debate in Germany and Europe. We can do this, because we combine excellent research with economic policy relevance. Our research findings provide policymakers and business leaders with a basis for making informed decisions.

Partnerships
The ifo Institute does not stand alone, but is part of a strong network of international institutions from research, business and politics.
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