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Masculinity Around the World Ralph De Haas, Victoria Baranov, Ieda Matavelli, and Pauline Grosjean Men dominate economic hierarchies, yet they suffer disproportionately from poor health and lower well-being. A recently conducted survey of 125,000 people in 70 countries reveals that adherence to traditional masculine norms can explain this paradox. While traditional masculine behaviors predict higher earnings and longer work hours, they also lead to severe health risks, mental health struggles, and greater support for strongman authoritarianism.

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Tax Incentives and Venture Capital Risk-Taking: Evidence from the QSBS Program Murillo Campello and Guilherme Junqueira On the Nature and Causes of the Wealth of Nations: Longevity, Institutions, and Patience Margarita Gatsou and Uwe Sunde Taxing Wealth Unlocks Capital Gains: An Efficiency Rationale for Wealth Taxes Sergio Ocampo, Guttorm Schjelderup, and Floris Zoutman Polarized Media and Inflation Expectations Selva Demiralp, Orkun Saka, and Michael Weber → Other CESifo Working Papers → Working Paper Submission Form

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Upcoming Events

CES Munich Lectures in Economics 2026: "Turning Abundance into Scarcity: Regulation, Housing Costs and Infrastructure Failures" by Edward Glaeser LMU Munich (Große Aula) | 19 November 2026 | 18:00 – 20:00 CET/CEST Can our governments deliver more services without spending more money? This year’s Distinguished CES Fellow Edward Glaeser will focus on three areas of public sector dysfunction: the regulation of new housing, public sector procurement, and maintenance of existing infrastructure.

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Munich Economic Debates 2026

Munich Economic Debates 2026 Chamber of Industry and Commerce for Munich and Upper Bavaria, Munich

“Innovation for the Next Generation” by Rafael Laguna de la Vera 21 September 2026 | 18:00 – 19:30 CET/CEST Germany urgently needs breakthrough innovations – and innovators. These could help address the challenges of demographic change while strengthening Germany’s long-term competitiveness. This lecture will seek to identify the traits that set innovators apart and what works best in supporting them. The event will be held in German and livestreamed.

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“Shaping the Future – How Does Policy Work for the Younger Generation?” by Emilie Höslinger, Max Lucks, Carmen Wegge, and Florian Dorn Chamber of Industry and Commerce for Munich and Upper Bavaria, Munich 19 October 2026 | 18:00 – 19:30 CET/CEST The younger generation is entering the future facing a host of major challenges. At the same time, they are tasked with restoring Germany's status as a dynamic economic player and a leading political force in Europe. How can reforms and investments be steered to take the interests of young people into account? The event will be held in German and livestreamed.

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Upcoming Conferences and Workshops

Area Conference on Behavioral Economics CESifo, Munich | 23 – 24 October 2026   Scientific organizers: Ernst Fehr (University of Zurich) and Klaus Schmidt (LMU Munich). Keynote speakers: Supreet Kaur (UC Berkley) and Philipp Strack (Yale).

CESifo-CEMIR Junior Workshop on Migration Research CESifo, Munich | 28 – 29 October 2026   Scientific committee: Joop Adema, Lasha Chargaziia, Yvonne Giesing, Panu Poutvaara, and Tuuli Tähtinen (ifo Institute). Keynote speaker: Anna Piil Damm (Aarhus University).

CESifo Workshop on Cities, Housing and Infrastructure CESifo, Munich | 20 – 21 November 2026   Scientific organizers: Davide Cantoni (LMU Munich), Oliver Falck (ifo Institute and LMU Munich), and Ed Glaeser (Harvard University). The workshop is held in conjunction with the 2026 Munich Lectures in Economics.

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Call for Papers

20th Workshop on Political Economy ifo Dresden | 20 – 21 November 2026 Submit your paper by 27 September 2026 23:59 CET/CEST.

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EconPol Forum 03/2026: “Dealing with Demographics – The Policy Challenges of an Aging Europe”   The third annual issue of EconPol Forum examines the impact of population aging across economic, political, and social domains. The issue focuses on women and the disproportionate burden that aging (and pension reform) place on them and explores how aging affects attitudes towards war and peace, patience, and investment decisions.

→ Demography will also take center stage at EconPol’s 2026 Annual Conference on November 9 in Brussels, alongside another groundbreaking change – the one brought about by artificial intelligence. Registration will open shortly. Among the speakers already confirmed are:

- Stijn Broecke, Senior Economist at OECD; - Horst J. Kayser, CEO Factory Automation at Siemens; - Stefan Olsson, Deputy Director-General in DG Employment, Social Affairs and Inclusion at the European Commission.

For more details and program updates please visit the conference website.

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Latest Publications and Opinions

Policy Brief 86: “Drivers, Costs, and Coping – An Expert View on Economic Uncertainty” Uncertainty has emerged as a defining feature of our time amid spreading conflicts, erratic trade policies, and disruptive technological change. Far from being merely an issue of perception, uncertainty has a tangible economic impact: according to international economic experts, uncertainty holds back GDP growth by an average of 0.8 percentage points.

Lisandra Flach: Mapping International Trade Exposure to Critical Maritime Chokepoints The ongoing conflict in Iran has renewed attention on the Strait of Hormuz as a critical maritime chokepoint. Lisandra Flach, director of the ifo Center for International Economics, shows how other chokepoints, notably the Suez Canal and the Bab el-Mandeb Strait, are of equal – if not greater – importance to the European economy. The Houthi militias are certainly aware of this.

Clemens Fuest: Risky Public Debt – A Policy Shift Is Urgently Needed The recent surge in long-term government bond yields has reignited the debate over the fiscal sustainability of current public debt trajectories in several advanced economies. For larger EU countries, managing the growing “fiscal squeeze” resulting from the debt burden has become imperative. How? ifo President Clemens Fuest lays out the options.

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Upcoming Publications

Policy Brief 87: “Rethinking EU Tariffs on China: Objectives and Trade-Offs” Additional EU tariffs on Chinese imports are under discussion as a response to the “China Shock 2.0”. In an era of global value chains, however, tariffs can reduce import dependencies only up to a point, while they might burden export-oriented industries without reducing trade imbalances. This new policy brief, to be published during the last week of September, outlines the trade-offs at stake.

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The ifo Business Climate Index Is on a Good Run   Despite rising energy prices, the ifo Business Climate Index climbed to 88.8 points in August, continuing a four-month upward trend. Companies across manufacturing, services, trade, and construction reported higher satisfaction, significantly improved expectations, and a steadily declining uncertainty. Reflecting this broad recovery and brightening economic sentiment, the ifo Institute has also raised its GDP growth forecast for Germany to 1.4 percent for 2026.

Other Indicators

ifo Economic Forecast Autumn 2026: Recovery Forces Gain the Upper Hand

One in Four Companies in Germany Fear for Their Competitiveness (August 2026)

Guests

Each month, CESifo and CES host guest researchers from different parts of the world.

David Brown, University of Alberta, is visiting CESifo 5 – 10 Oct 2026 Chiara Lacava, University of Naples Federico II, is visiting CESifo 12 – 17 Oct 2026 Douglas N. Harris, Tulane University, is visiting CESifo 13 – 18 Oct 2026 Karsten Mau, Maastricht University, is visiting CESifo 19 – 24 Oct 2026 Alessandro Palma, Gran Sasso Science Institute (GSSI), is visiting CESifo 26 – 31 Oct 2026 Nicolas L. Bottan, Cornell University, is visiting CESifo 3 – 15 Nov 2026 Eric A. Hanushek, Stanford University - Hoover Institution, is visiting CESifo 15 – 21 Nov 2026 Riley Wilson, Brigham Young University, is visiting CESifo 23 – 27 November 2026 Michael J. Böhm, TU Dortmund University, is visiting CES 5 Oct – 6 Nov 2026 Hyunjae (Jay) Kang, Kyoto University, is visiting CES 5 Oct – 17 Nov 2026 Andrea Bernini, University of Houston, is visiting CES 12 – 23 Oct 2026 Daniel Bernhofen, American University, Washington, is visiting CES 12 Oct – 11 Dec 2026 Simon Scheidegger, HEC Lausanne, is visiting CES 9 – 20 Nov 2026 Mathias Klein, Sveriges Riksbank, is visiting CES 16 – 28 Nov 2026

→ More Information

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The Bulletin Board is where CESifo network members can post news and messages regarding conferences, workshops and journals that are of interest to the research community and to all CESifo Newsletter readers. If you have anything you would like to share, please feel free to contact us at services@cesifo.de.

Call for Papers

IAAEU and Trier University 19th Workshop on Labour Economics University of Trier | 8 – 9 April 2027   Special sessions on counterfactual impact evaluation jointly organized with the Competence Centre on Microeconomic Evaluation (CC-ME) of the Joint Research Centre of the European Commission. Submit your extended abstract or full paper by November 30, 2026.

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