Ifo Institute for Economic Research

The Ifo Institute for Economic Research is a Munich-based research institution. Ifo is an acronym from Information and Forschung (research). As one of Germany's largest economic think-tanks, it analyses economic policy and is widely known for its monthly Ifo Business Climate Index for Germany. Its research output is significant: about a quarter of the articles published by German research institutes in international journals in economics in 2006 were from Ifo researchers.[1] According to the Frankfurter Allgemeine Zeitung ranking, it is also Germany's most influential economics research institute.[2]

Ifo Institute - Leibniz Institute for Economic Research at the University of Munich
MottoInformation und Forschung
Formation1949
Merger ofSüddeutsches Institut für Wirtschaftsforschung
Informations- und Forschungsstelle of the Bavarian Statistical Office
Legal statusEingetragener Verein
HeadquartersMunich, Dresden
Location
Coordinates48.152842°N 11.605011°E / 48.152842; 11.605011
President
Clemens Fuest
AffiliationsCenter for Economic Studies
University of Munich
Staff
193 employees
Websitewww.ifo.de
The main building of the Ifo institute in Munich. Address: Poschinger Straße 5.

Ifo Business Climate Index

Ifo's Business Climate Index is a leading early indicator of economic activity released monthly since 1972. The database underlying the index is a monthly survey of 7000 in the construction, manufacturing, wholesale and retail industries. The index is closely followed by investors, commentators and politics.[3][4]

Report on the German economy

The Ifo Institute participates in the twice yearly (spring and autumn) joint analysis of the state of the German and world economy, the so-called Gemeinschaftsdiagnose. [5] The other institutes are: Institut für Weltwirtschaft (IfW) in Kiel; Institut für Wirtschaftsforschung (IWH) in Halle; and Rheinisch-Westfälisches Institut für Wirtschaftsforschung (RWI) in Essen.

References
  1. Handelsblatt: Forschungsleistung der Institute: Ifo hat die Nase deutlich vorn, 9. Juli 2007
  2. Patrick Bernau: Münchener Institut und Universität sind einflussreich, FAZ Fazit, 1 November 2017
  3. Megaw, Nicholas. "'Euphoric': German business confidence at highest level on record – Ifo". Financial Times. Retrieved 16 April 2020.
  4. Niehaber, Michael. "Surprise rise in German business morale dispels recession fears". Reuters. Retrieved 16 April 2020.
  5. German government Web site Bundeswirtschaftsministerium Online (in German)
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