History
CES was founded on January 18, 1991 and immediately launched its visitors program. Its first guests included Gary Becker, David Bradford, Richard Musgrave, and David Wildasin, which layed the foundation for visits from other renowned economists in the future. In 1994 CES launched its Munich Lectures in Economics, which are jointly organized by the Ifo Institute for Economic Research and supported by MIT Press. Every year the Scientific Advisory Council of CES nominates an outstanding international economist as the Distinguished CES Fellow. The award is presented in November, when the laureate gives the Munich Lectures in Economics on a topical issue to a broad audience.
In 1998, CES became one of the first institutions worldwide to make its discussion of economic issues accessible on the internet. In the same year the Center also substantially enlarged its own in-house research group.
Since 1999 CES has worked closely with the Ifo Institute for Economic Research, one of Germany’s largest economic research institutes. Both organizations are now part of an umbrella organization, the CESifo Group, and a driving force in building bridges between economic theory and empirical research. The CESifo Group promotes contacts between researchers from all over the world with the aim of making Munich a center of international economic research.
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