Hans-Werner Sinn (born March 7, 1948 in Brake near Bielefeld ) is a German economist . He is emeritus professors at the Ludwig Maximilian University of Munich and was 1999-2016 President of the Ifo Institute for Economic Research . In his scientific work he devotes himself to a. The theory of decisions in the event of uncertainty , the theory of intertemporal general equilibrium, German reunification , system competition, the euro , climate change and economic policy decisions in a large number of contributions.
Sinn was born in 1948 into a working class family close to the SPD ; his father was a taxi driver and member of the SPD. A grandfather of Sinn was persecuted as a social democrat by the National Socialists and died in a concentration camp . As a child, Sinn was a member of the Falken , and for a few years until around 1970 a member of the SPD. Sinn attended the Helmholtz high school in Bielefeld, where he graduated from high school in 1967 .
After studying economics at the Westphalian Wilhelms University of Münster from 1967 to 1972, Sinn moved to the University of Mannheim , where he received his doctorate in 1978 and his habilitation in 1983 .
From July 1984 to February 1994, Sinn held the chair for economics, especially insurance science, at the Ludwig Maximilians University in Munich . He then switched to the Chair of Economics and Public Finance , where he taught the finance curriculum until his retirement in 2016 .
He was a professor at the University of Western Ontario in Canada for two years , as a visiting professor at the London School of Economics and at the Universities of Bergen , Stanford , Princeton and Jerusalem . He was the only German so far to hold Yrjö Jahnsson Lectures in Helsinki and Tinbergen Lectures in Amsterdam . Since 1988, Sinn has also been an honorary professor at the University of Vienna .
From 1997 to 2000 he was chairman of the Verein für Socialpolitik , the professional association of German-speaking economists, which he fundamentally reformed. Sinn was particularly committed to the internationalization of economics in German-speaking countries. During his tenure, he founded two journals - the German Economic Review and Perspektiven der Wirtschaftsppolitik -, created the Gossen Prize for young economists who publish internationally, and set up an extensive bonus program for lectures by young German-speaking scientists at international specialist conferences. Between 2006 and 2009, Sinn was President of the International Institute of Public Finance , the world association of public finance. He has also been a Fellow of the National Bureau of Economic Research in Cambridge (USA) since 1998 .
In 1991, Sinn founded the Center for Economic Studies at the Ludwig Maximilians University, whose main task was to bring international guest researchers to the economics faculty. On the basis of the CES, he founded the first graduate program for economists in Germany that is mandatory for all doctoral students in the faculty. In 1999, together with the Ifo Institute for Economic Research , whose presidency he took over in the same year, he created the international CESifo research network within the framework of CESifo GmbH.
From February 1999, Sinn was President of the Ifo Institute for Economic Research. During his tenure, the institute was given a decentralized structure with eight divisional heads who, with a reduced number of professors, are also assigned to the economics faculty of the LMU. Under his leadership, the institute was converted back in January 2010 from a service facility (facility that primarily performs scientific infrastructure tasks) to a research facility whose research performance was rated as "very good," in the regular evaluation of the Ifo Institute initiated in 2012 by the Senate of the Leibniz Association . in parts even excellent ”. The Leibniz Association emphasized that Hans-Werner Sinn had repeatedly managed to initiate important public debates on a wide variety of topics. Hans-Werner Sinn's term of office as Ifo President ended in March 2016 when he turned 68 and retired . Since 2017 he has been a "permanent visiting professor" at the University of Lucerne .
In his first academic years, Sinn mainly dealt with economic risk theory . The focus of this work was on the symbiosis of expected utility theory and the axiomatic foundation of the mean-variance analysis , especially the foundation of the principle of insufficient reason, the psychological foundation of risk preference functions and above all the analysis of risk decisions with liability restrictions. According to Martin Hellwig's judgment , Sinn anticipated the work by Stiglitz and Weiss from 1981, which had previously been considered the basic work .
This was followed by a large number of papers on business cycle theory , environmental economic and foreign trade- related topics, including papers on the so-called asset approach and on the micro-foundation of the general model of the temporary equilibrium.
Problems of longer-term economic growth were a particular focus . Before Abel, Blanchard and Chamley, Sinn formulated the economic central planning model of economic growth in the tradition of Robert Solow as an intertemporal general equilibrium model with decentralized optimizing actors and market clearing conditions.
In 1987, Sinn's habilitation thesis on the incentive effects of accelerated depreciation and the various components of capital income taxation on intertemporal, international and intersectoral resource allocation was published .
In 1991, Hans-Werner Sinn and his wife Gerlinde Sinn published the book Kaltstart , which offers an analysis of the errors in the unification policy. The authors criticize the "squandering policy" of the Treuhandanstalt at the expense of the East German population and the policy of rapid wage equalization, which anticipates market developments and was carried out under the influence of western employers' associations and trade unions, which was planned as an investment brake to prevent foreign investments for their own protection. The book has been translated into several languages.
Sinn sees the fundamental justification of the welfare state in its function as an insurance institution. State redistribution insures citizens from dangers to life that are not covered by private insurance, and by doing so it increases people's willingness to take risks, which has productive economic effects.
Sinn's 2003 book Can Germany still be saved? triggered a debate on the reform backlog in Germany and, in the opinion of the then Chairman of the Advisory Council, can be seen as a source of ideas for Agenda 2010 . At the center of the book is the proposal to set up so-called activating social assistance. This makes use of personal wage subsidies for the low-skilled in order to ensure that nobody has to live on what they can work for themselves anymore and that the sum of these subsidies and the market-clearing wage results in a socially acceptable total income above the socio-cultural subsistence level . With over 100,000 printed copies, the book is one of the most successful economic monographs of today. The English translation was recognized by an overview article in the Journal of Economic Literature , as it "made an important contribution to the question of how the welfare state should be reformed in order to harness the benefits of globalization and to help the poor."
In The Casino Capitalism (2009), Sinn describes how the global financial crisis came about in 2007 as a result of political and market failures . He raises the accusation that banks were allowed to work with insufficient equity capital due to inadequate regulation and were therefore inclined to "gamble". The Handelsblatt called this book one of the 50 most important economics books of all time.
Sinn himself describes his economic and political position as “financial science”, that is, as a school of thought that emphasizes the active role of the state in overcoming distribution and allocation problems in the market economy. However, he also expressed himself positively about the ordoliberalism in the sense of Erhard and Eucken , according to which the state must above all define the regulatory framework of the market economy.
Sinn was one of the first of 279 economics professors who, during the euro crisis, signed an appeal initiated by Walter Krämer together with Stefan Hoderlein (economist) (Boston) and Manfred Deistler (Vienna) in July 2012, which opposed the “mutualisation of bank debts” applies a common deposit insurance within the euro zone. In a press release, the Ifo Institute made it clear that, unlike some press releases, Sinn was not one of the authors of the appeal.
Sinn sees the cause of the European debt crisis in an artificial interest rate convergence induced by the euro, which in the first years of the euro led to an inflationary credit bubble in the countries of southern Europe . This reduced the international competitiveness of the affected countries and led to high current account deficits for the debtor countries against the historical hard currency countries.
When the interbank market dried up in the wake of the global financial crisis from 2007 and the European financial and debt crisis in particular , the European credit institutions, especially in the peripheral countries, began to refinance themselves increasingly from their national central banks, which the ECB through a Loosening of their pledge policy as well as the tolerance of ELA credits made possible. The additional liquidity thus created at national level was used to continue to finance the current account deficits, to repay debts abroad and to buy property there. The corresponding net transfers to other countries, the so-called balance of payments deficits, are measured by the Target balances (see also Target2 ).
According to Sinn, the Target balances are public international loans because they are payments that the national central banks credit each other due to a lack of deposits with the Eurosystem. They are comparable to the other official financial aid such as the rescue packages, but they are made possible by the Governing Council instead of the parliaments of the euro zone . The Target demands of the Northern European Euroblock reached their peak in August 2012 with over 1,000 billion euros. At that time, there was only transfer money in Germany that had arisen through credit creation by other central banks. Thanks to Sinn, the Target balances found their way into the public debate. He was also the first to show the relationship between Target balances and balance of payments imbalances .
He also demands that the purchases of government bonds by the ECB should end. He was one of 136 German economics professors, including Roland Vaubel , Bernd Lucke , Jürgen B. Donges , Manfred JM Neumann and Georg Milbradt who, shortly before the federal elections in September 2013, accused the ECB of illegal monetary state financing in a call . He accuses the federal government and the German Bundestag of having failed to negotiate clear credit terms for the crisis procedure. In his opinion, the European stability mechanism leads to the weakening of the euro and to the endangerment of the European work of unification.
In the Frankfurter Allgemeine Zeitung, Sinn took the view that migrants cost the German state more net than they brought it. The article had two parts. The first addressed the labor market, for which immigration is an asset. The second part deals with the state, and there is a fiscal loss to be accounted for. Herbert Brücker had already criticized this view a year earlier. Sinn refers to the bills from Holger Bonin, who comes up with a long-term loss of 79,000 euros per refugee. Also Bernd Raffelhüschen comes to substantial net cost of the refugees for the German government.
In manager magazin , Sinn described the energy turnaround in Germany away from nuclear power as an ecological wrong track and formulated “The only hope of humanity was nuclear power”. Sinn regularly gives critical lectures on the German energy transition at various events. In his book The Green Paradox he developed a supply-side climate theory, which basically states that measures to limit the demand for fossil fuels are irrelevant to the climate if it is not possible to restrict resource extraction. The book has also been translated into English and has sparked an extensive international discussion. Sinn does question the German path to the energy transition, but affirms the necessity of an energy transition itself. To this end, he recommends global emissions trading and the global transition to a system of withholding taxes on capital gains in order to deprive resource owners of the incentive to turn their natural resources into financial assets.
In his article Buffering Volatility , Sinn came to the conclusion that, despite the reduction in storage requirements through a complete power network from the Alps to Norway, it would not be possible to achieve a market share of more than 50% for wind and solar power if the buffering was used by using pumped storage power plants and foregoing any curtailment of the power peaks that exceed consumption. Scientists at the DIW criticized Sinn's statements in the same specialist journal and attested, among other things, to having made implicit assumptions in his methodology that would have significant effects on the results. Therefore, his results differed from other studies on the subject. In doing so, the scientists replicated Sinn's methodology, but without adopting certain premises from Sinn, which, according to the authors, significantly changed the results. So lead z. B. Sinn's premise, contrary to the established state of research, to forego curtailments entirely, to a significantly excessive storage requirement, since under this assumption every single kWh of wind and solar power would have to be stored. Among other things, this means that his results regarding the necessary expansion of electricity storage systems are often one or two orders of magnitude higher than the results of other studies. In fact, it is more economical to regulate part of renewable generation peaks than to store them entirely. This makes it possible to manage with much less storage volume. In their conclusion, the authors come to the conclusion that “the need for electrical energy storage does not limit the further expansion of variable renewable energies”. Results that deviate from a large number of other studies would come about because he only considered “corner solutions”; H. either no storage at all, which would lead to massive curtailments, or no curtailments at all, which in turn would lead to a very high storage requirement. However, the combination of different options is cost-efficient. In addition, the authors emphasize that the need for electricity storage can be further reduced by using further flexibility options such as coupling the electricity sector with the heating and transport sector or the generation of hydrogen.
In 2008, in his book The Green Paradox , Sinn criticized the fact that politics and theory dealt almost exclusively with the demand side of the carbon market and neglected the supply . In fact, it would be of no use if a group of countries reduced the demand for fossil fuels, since the suppliers would then sell their quantities elsewhere in the world at lower prices. Whatever comes out of the ground is burned - if not in Europe, then elsewhere. Despite considerable efforts to reduce demand in Europe, up to this point in time (2007) there had been no reduction in the global quantities of CO 2 emitted . On the contrary, CO 2 emissions are increasing unabated.
According to Sinn, the “green paradox” consists in the fact that the owners of the resources interpret the announcement of the energy turnaround as the threat of market destruction and therefore react to it by accelerating the extraction of resources. This carries the risk that climate change will even accelerate. Countries that do not participate in the demand restrictions therefore have a double advantage. You can not only burn the carbon released by the “green” countries (“leakage effect”), but also the amount of carbon that the suppliers take out of the earth prematurely in accordance with the “green paradox”.
In the 2019 article, Coal Engines, Wind Engines, and Diesel Engines: What Does the Carbon Footprint Show? In the study that he wrote together with Christoph Buchal and Heinz-Dieter Karl, Sinn comes to the conclusion that, in the best case scenario , electric cars have a CO 2 balance that is comparable to diesel-powered cars. Specifically, the Tesla Model 3 Long Range Dual Motor was compared with a Mercedes-Benz C 220 d (OM 654) .
The conclusion of the study was then picked up in the media and by scientists and sometimes heavily criticized; Among other things, a study published in the Joule journal in 2019 took Sinn's work as a reference, specifically to illustrate the usual deficiencies in the premises and methodology of studies that attest electric cars only minor environmental benefits. According to public criticism, Sinn's study contained a number of misconceptions. So be u. a. worked with consumption data from the NEDC driving cycle instead of the much more realistic WLTP driving cycle. An author for Wirtschaftswoche even assumed that he was deliberately biased in favor of the diesel engine: “The suspicion arises that a certain result should be achieved in favor of diesel. [...] The studies by the Paul Scherrer Institute, Fraunhofer, ICCT and Forschungsgesellschaft für Energiewirtschaft, Agora Energiewende [...] should be much closer to the truth. ”Sinn and Buchal responded to the criticism in a guest article in the FAZ .
According to a survey conducted by the Financial Times Deutschland together with the Verein für Socialpolitik among 550 German economic experts in 2006, the respondents wrote that “only two representatives of their own guild had a significant influence on politics: Bert Rürup and Hans-Werner Sinn”. According to a study by the Center for European Economic Research and the University of Konstanz in 2007, Sinn ranked second among German economists after Reinhard Selten , measured by the number of citations in economic journals . In the list of “The Most Important Economists” published by Wirtschaftswoche 2011, he took first place. For the British newspaper The Independent , Sinn is one of the ten most influential people who changed the world in 2011 because of his research on Target balances . The research database RePEc regularly determines the most research-intensive economists worldwide on the basis of citations. In 2012 up to and including 2016, Sinn achieved the best place for a German economist, his ranking ranks him in the top 0.2% worldwide and below 0.1% across Europe. He was the only German on the Bloomberg list of the fifty most influential business figures worldwide in 2012. According to a survey by the magazine Cicero on the influence on public discourse in the past decade, which listed the 500 most important German intellectuals in January 2017, Sinn was in fourth place behind Martin Walser, Peter Sloterdijk and Peter Handke.
According to the economist ranking of the Frankfurter Allgemeine Zeitung , based firstly on a survey of members of the Bundestag and employees of federal ministries with the question "Which economists do you most appreciate the advice or publications for your work?", Secondly the media presence and thirdly the evaluation of the publications in In the form of scientific articles from the last five years, Sinn took first place in Germany in 2013, 2014 and 2015. After his retirement, he slipped to second place. Although Sinn does not appear in the top 50 in the research category, which is based solely on the scientific articles of the last five years and does not take scientific monographs into account, the FAZ explains , no other economist in Germany has so much weight in the media and Politics and meaning are also present in research. Something similar happened in 2015.
In his comment on The Tabloid Professor in the Financial Times Deutschland on March 30, 2007, the business journalist Mark Schieritz said that the less attention paid to his theses, the bigger the journalistic artillery would make. 2012 marked Schieritz in the time sense as "economic seismograph of the Republic" who had come with his books and interviews the sound to the economic megatrends in the past 30 years.
In October 2008, in the public discussion of the financial crisis , Sinn described German managers as the scapegoats to be looked for in every crisis. In the world economic crisis of 1929 it hit the Jews in Germany , today it is the managers. This statement met with criticism not only from the Central Council of Jews in Germany , but also from politicians from various parties and representatives of public life, as the statement equated the criticism of the managers with the persecution of the Jews . On the same day, Sinn withdrew the comparison. Shortly afterwards, the Ifo published statements in which Jewish acquaintances and colleagues defended Sinn against its critics.
In the course of the European financial crisis, Finance Minister Wolfgang Schäuble criticized Sinn's position regarding the euro rescue package . According to Schäuble, "the authority of academic titles and scientific institutes that are subsidized with a lot of money from German taxpayers has a special responsibility". However, the calculations for Greece are "again an example of how this responsibility is not met very well". In a press release, the Ifo Institute rejected the criticism and accused Schäuble of not taking into account the importance of the Target balances in his calculations. In the commemorative publication, which received Sinn as part of his farewell, Schäuble praised Sinn's deeply European orientation and praised his sharp-tongued and intellectual sharpness, which is not always pleasant for politicians, but which one has to endure. He explained: "He may now leave office, unfortunately - but stop taking part in the political debate as an economist, he must not!"
- European Academy of Sciences and Arts (since 2013)
- National Academy of Sciences Leopoldina (since 2013)
- Austrian Academy of Sciences , Philosophical-Historical Class, corresponding member (since 2012)
- President of the World Association of Public Finance 2006–2009 (International Institute of Public Finance)
- Board of Trustees Charlemagne Prize , Aachen (since 2007)
- Fellow of the European Economic Association (EEA) (since 2004)
- European Economic Advisory Group at CESifo (since 2001)
- North Rhine-Westphalian Academy of Sciences and Arts (since 2001)
- Bavarian Academy of Sciences , historical-philosophical class (since 1996)
- National Bureau of Economic Research (NBER), Cambridge, Mass., Research Associate (since 1989)
- Member of the Scientific Advisory Board at the Federal Ministry of Economics (since 1989)
- Member of the Scientific Advisory Board of the Family Business Foundation
- 1999 - Honorary doctorate (Dr. rer. Pol. Hc) from the University of Magdeburg
- 2011 - Honorary Doctorate, University of Helsinki
- 2013 - Honorary doctorate, HHL Leipzig Graduate School of Management
- 2017 - Honorary doctorate from the University of Economics in Prague
- 1979 - First prize from the University of Mannheim for the dissertation (Rheinische Hypothekenbank Foundation)
- 1984 - First prize from the University of Mannheim for the habilitation thesis (Schitag Foundation)
- 1997 - Special prize from the Herbert Quandt Foundation
- 1999 - Merit Cross on Ribbon of the Order of Merit of the Federal Republic of Germany
- 1999 - Yrjö Jahnsson Lectures, University of Helsinki
- 2000 - Distinguished Scholar, Atlantic Economic Society
- 2000 - Stevenson Lectures on Citizenship, University of Glasgow
- 2003 - Honorary Prize of the Economic Advisory Council of the Union e. V.
- 2003 - Business Book Prize Financial Times Deutschland and getAbstract AG
- 2004 - Tinbergen Lectures, Royal Netherlands Economic Association
- 2005 - Corine - International Book Prize
- 2005 - Cross of Merit 1st Class of the Order of Merit of the Federal Republic of Germany
- 2005 - The World Economy Annual Lecture, Nottingham University
- 2007 - Thünen lecture by the Verein für Socialpolitik
- 2008 - Bavarian Maximilian Order for Science and Art
- 2008 - European Prize of Maastricht University
- 2008 - Gustav-Stolper-Preis of the Verein für Socialpolitik
- 2009 - Dinosaur of the Year (negative award )
- 2012 - Scope Awards honorary award
- 2012 - State Medal for special services to the Bavarian economy
- 2013 - Chicago Booth Lecture, Scholes Forum: The Euro Crisis
- 2013 - Julian Hodge Annual Lecture
- 2013 - Whitman Lecture, Peterson Institute for International Economics
- 2013 - Ludwig Erhard Prize for Business Journalism
- 2015 - University Professor of the Year of the German University Association
- 2017 - Friedrich List Medal of the Federal Association of German People and Business Economists eV (bdvb) in gold
- Risk as a factor of production (inaugural lecture in Munich) by Hans-Werner Sinn. In: Yearbooks for Economics and Statistics 201, 1986, pp. 557-571.
- Marx's law of the tendency for the rate of profit to fall . In: Journal for the entire political science . 131, 1975, pp. 646-696 Pdf file In the online edition at jstor.org .
Economic decisions in the event of uncertainty . Ed. JCB Mohr (Paul Siebeck), Tübingen 1980, ISBN 3-16-942702-4 (dissertation).
- english: Economic Decisions under Uncertainty. North-Holland Publishing, Amsterdam a. a. 1983, ISBN 0-444-86387-7 .
- A Rehabilitation of the Principle of Insufficient Reason. In: Quarterly Journal of Economics. 95, 1980, pp. 493-506.
- Common Property Resources, Storage Facilities and Ownership Structures: A Cournot Model of the Oil Market. In: Economica. 51, 1984, pp. 235-252.
- Capital income taxation. An analysis of the intertemporal, international and intersectoral allocation effects . JCB Mohr (Paul Siebeck), Tübingen 1985.
- Capital Income Taxation and Resource Allocation . North Holland Publishing, Amsterdam / New York / Oxford / Tokyo 1987 (fundamentally revised English version of capital income taxation).
- Cold start - Economic aspects of German unification . Mohr-Siebeck, Tübingen 1991.
- The New Systems Competition . Yrjö Jahnsson Lectures, Basil Blackwell, Oxford 2003.
- Can Germany still be saved? Econ Verlag, 2003, ISBN 3-430-18533-5 .
- Courage to reform. Fifty food for thought for economic policy, Munich 2004.
- The bazaar economy . Econ Verlag, 2005, ISBN 3-548-36944-8 .
- The green paradox: a plea for an illusion-free climate policy . Econ Verlag, 2008, ISBN 978-3-430-20062-2 . English: The Green Paradox, A Supply Side Approach to Global Warming, MIT Press 2012. ISBN 978-0-262-01668-1 .
- Risk-Taking, Limited Liability, and the Banking Crisis. Selected reprints. Ifo Institute, Munich 2009, ISBN 978-3-88512-482-5 .
- The casino capitalism . Econ Verlag, 2009, ISBN 978-3-430-20084-4 .
- The Target trap - dangers to our money and our children . Hanser Verlag, 2012, ISBN 978-3-446-43353-3 .
- Don't gamble away your future . Redline Verlag, 2013, ISBN 978-3-86881-486-6 .
- Caught in the euro . Redline Verlag, 2014, ISBN 978-3-86881-525-2 .
- The Euro Trap. On Bursting Bubbles, Budgets, and Beliefs . Oxford University Press, 2014, ISBN 978-0-19-870213-9 .
- The Euro. From the peace idea to the bone of contention . Hanser Verlag, 2015, ISBN 978-3-446-44468-3 .
- Black June - Brexit, wave of refugees, euro disaster - How the re-establishment of Europe succeeds , Herder, Munich 2016, ISBN 978-3-451-37745-7 .
- In search of the truth , Herder, Munich 2018, ISBN 978-3-451-34783-2 .
- The corona shock. How the economy survives . Herder, Freiburg i.Br. (et al.), 2020, ISBN 978-3-451-38893-4 .
- Literature by and about Hans-Werner Sinn in the catalog of the German National Library
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- Hans-Werner Sinn in the Munzinger Archive , accessed on August 14, 2020 ( beginning of article freely accessible)
- Curriculum Vitae by Hans-Werner Sinn
- Personal homepage
- Mark Schieritz: Hans-Werner Sinn: The Euro Fighter. In: zeit.de. July 19, 2012, accessed December 17, 2014 .
- WDR 5 (Westdeutscher Rundfunk) table talk - culture of conversation with prominent contemporaries from June 20, 2018
- Monographs | Hans-Werner Sinn. In: www.hanswernersinn.de. Retrieved October 19, 2016 .
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- Rainer Hank and Lisa Nienhaus: Hans-Werner Sinn in the farewell interview: “I have no regrets”. In: FAZ.net . December 21, 2015, accessed December 21, 2015 .
- Christoph Eisenring: How Germany's most popular economist Hans-Werner Sinn worked his way up from a poor background | NZZ . In: Neue Zürcher Zeitung . February 27, 2018, ISSN 0376-6829 ( nzz.ch [accessed November 29, 2018]).
- Hans-Werner Sinn: In search of the truth . 2nd Edition. Herder, Munich 2018, ISBN 978-3-451-34783-2 , pp. 128-134 .
- Professor Hans-Werner Sinn - Chair for Economics and Public Finance (Prof. Fuest) - LMU Munich. Archived from the original on November 29, 2018 ; accessed on November 29, 2018 .
- Yrjö Jahnsson Lectures ( Memento from September 28, 2007 in the Internet Archive )
- see http://www.cesifo-group.de/DocDL/HWS25Jahre-2016-Schnitzer-Forschungsstandort-Deutschland.pdf
- Michael Burda on the occasion of the award of the Gustav Schmoller Medal to Hans-Werner Sinn, quoted in: http://www.cesifo-group.de/DocDL/HWS25Jahre-2016-Schnitzer-Forschungsstandort-Deutschland.pdf , p. 269 .
- hanswernersinn.de Presentation 2015 PDF
- Ifo Institute - Leibniz Institute for Economic Research at the University of Munich eV: Looking back on half a century - farewell lecture Prof. Hans-Werner Sinn. December 21, 2015, accessed April 24, 2017 .
- leibniz-gemeinschaft.de: Statement by the Leibniz Senate on the Ifo Institute of July 17, 2013, p. 3. (PDF) Retrieved December 13, 2016 .
- Will Clemens Fuest be the successor to Ifo boss Sinn? Frankfurter Allgemeine Zeitung , February 25, 2015, accessed on June 11, 2015 .
- Fuest will succeed Sinn at the Ifo head. Münchner Merkur , June 11, 2015, accessed on June 12, 2015 .
- Hans-Werner Sinn is retiring. ARD , March 31, 2016, accessed April 26, 2016 .
- Professor Sinn is retiring. LMU Munich, March 31, 2016, archived from the original on April 26, 2016 ; Retrieved April 26, 2016 .
- Lukas Portmann: Appointments at the University of Lucerne. University of Lucerne, press release from January 27, 2017 from the Science Information Service (idw-online.de), accessed on January 28, 2017.
- Ifo boss Sinn replaces Martini in the Supervisory Board Manager Magazin, January 4, 2000
- Bilderberg Meetings: Participants 2016
- M. Hellwig, foreword to: Hans-Werner Sinn, Risk-Taking, Limited Liability, and the Banking Crisis. Selected Reprints, Ifo Institute for Economic Research at the University of Munich, December 2008, ISBN 978-3-88512-482-5 , online
- See Andrew B. Abel , Olivier J. Blanchard , "An Intertemporal Model of Saving and Investment", Econometrica 51, no. 3, 1983, pp. 675-692; Christophe Chamley, "The Welfare Cost of Capital Income Taxation in a Growing Economy", The Journal of Political Economy 89, no. 3, 1981, pp. 468-496; Hans-Werner Sinn, Taxation, Growth and Resource Depletion. A general equilibrium approach , in: H. Siebert, Ed., Exhaustible Resources , Duncker and Humblot: Berlin 1980, pp. 499-528; Hans-Werner Sinn, "Taxation, Growth, and Resource Extraction: A General Equilibrium Approach", European Economic Review 19, 1982, pp. 357-386.
- Capital Income Taxation and Resource Allocation, North Holland: Amsterdam, New York, Oxford and Tokyo 1987.
- Hans-Werner Sinn: Capital income taxation. An analysis of the intertemporal, international and intersectoral allocation effects . JCB Mohr (Paul Siebeck), Tübingen 1985, ISBN 978-3-16-344827-8 , pp. 349 .
- Hans-Werner Sinn: Jumpstart. The Economic Unification of Germany . MIT Press, Cambridge, USA 1993.
- Sinn, Hans-Werner, A Theory of the Welfare State. Scandinavian Journal of Economics 97, 1995, pp. 495-526.
- see Wolfgang Wiegard, https://www.cesifo-group.de/DocDL/HWS25Jahre-2016-Wiegard-Falscher-Prophet.pdf , p. 97.
- see Wolfgang Wiegard, https://www.cesifo-group.de/DocDL/HWS25Jahre-2016-Wiegard-Falscher-Prophet.pdf , p. 97.
- Alessio JG Brown, Christian Merkl and Dennis J. Snower, “Globalization and the Welfare State: A Review of 'Can Germany Be Saved?' ”, Journal of Economic Literature 47, No. 1, March 2009, pp. 136–158, here p. 18:“ Hans Werner Sinn's book is an important contribution to the question how welfare states should be reformed to reap the benefits of globalization , while helping the poor. "
- see Handelsblatt from 12./13./14. October 2012 (weekend edition), p. 50 and p. 62.
- Sinn points out that “ordo-” and “ neoliberalism ” are identical terms. Answer by Hans-Werner Sinn to a discussion contribution by Rudolf Hickel, July 29, 2009 , accessed on June 4, 2011.
- Quote: “Unfortunately there are repeated attempts to discredit the term 'neoliberalism'. Left-wing politicians like to lump the ideas described above into one pot with the radical concepts of the Chicago School around Milton Friedman, so that they can all together demonize them as 'neoliberal'. " True neoliberalism needs clear rules. In: welt.de . May 15, 2010, accessed December 17, 2014 .
- The wording of the open letter of the economists. In: FAZ.net . July 5, 2012, accessed December 17, 2014 .
- Press release from the Ifo Institute on the call of economists. Retrieved October 24, 2018 .
- Sinn, Hans-Werner, The Euro: From the Peace Idea to the Apple of Zank, Hanser, Munich, p. 237
- Target loans, current account balances and capital movements: The ECB's rescue package. Ifo Working Paper No. 105, June 24, 2011 (together with Timo Wollmershäuser)
- Hans-Werner Sinn: Germany threaten new burdens , In: Wirtschaftswoche, No. 8, February 21, 2011, p. 35. (accessed December 7, 2016)
- Sinn, Hans-Werner, Target-Salden, Foreign Trade and Money Creation , Ifo Schnelldienst 64, No. 9, 2011.
- "Euro crisis: ECB rescue package and Target balances", contributions by Sinn u. a.
- ftd.de, May 10, 2011: Article by Hubert Beyerle ( Memento of May 12, 2011 in the Internet Archive )
- Target loans, current account balances and capital movements: The ECB's rescue package. Ifo Working Paper No. 105, 2011
- Philip Plickert: German economists accuse the ECB of state financing. In: FAZ.net ( Frankfurter Allgemeine Zeitung ). September 11, 2013, accessed September 12, 2013 .
- rescue package for the euro - a ticking time bomb. In: sueddeutsche.de. April 3, 2011, accessed December 17, 2014 .
- Hans-Werner Sinn: Economic Effects of Migration , Frankfurter Allgemeine Zeitung, January 3, 2015.
- Herbert Brücker: Migration: The wrong, German immigration debate . In: The time . December 13, 2013, ISSN 0044-2070 ( zeit.de [accessed May 15, 2017]).
- Conscious misunderstanding. Retrieved December 10, 2018 .
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- Hans-Werner Sinn Ifo boss Sinn on the energy transition “The only hope of mankind was nuclear power” , manager magazin, February 5, 2014
- Hans-Werner Sinn: The Green Paradox. A supply-side approach to global warming. MIT Press: Cambridge, Mass. 2012
- . Energy transition | Hans-Werner Sinn. Retrieved June 13, 2018 .
- Hans-Werner Sinn: Buffering Volatility: A Study on the Limits of Germany's Energy Revolution. European Economic Review 99, October 2017, pp. 130–150, accessed on August 14, 2018 .
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- International Energy Agency (IEA), IEA Database, CO 2 Emissions from Fuel Combustion 2007. Accessible online at: www.sourceoecd.org
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- J.-M. Burniaux, J. Oliveira Martins: Carbon Emission Leakages: A General Equilibrium View. OECD Working Paper No. 242, 2000.
- Christoph Buchal , Hans-Dieter Karl and Hans-Werner Sinn, "Coal engines, wind engines and diesel engines: What does the CO2 balance show?" , PDF, ifo Schnelldienst 72 (08), 2019
- CESifo Group Munich - Ifo Schnelldienst: Electric cars are not a panacea for climate protection. Retrieved April 19, 2019 .
- FOCUS Online: Explosive new study: E-cars more polluting than diesel. Retrieved April 19, 2019 .
- Stefan Hajek: Is the electric car a step backwards? : What Hans-Werner Sinn overlooked in his electric car study. Retrieved April 19, 2019 .
- Auke Hoekstra: The Underestimated potential of Battery Electric Vehicles to Reduce Emissions . In: Joule . tape 3 , no. 6 , 2019, pp. 1412–1414 , doi : 10.1016 / j.joule.2019.06.002 .
- C. Buchal / H.-W. Sinn: What does the CO2 balance show? FAZ of April 26, 2019 https://www.faz.net/aktuell/wirtschaft/auto-verkehr/der-co2-ausstoss-der-elektroautos-eine-kurze-stellungnahme-16157418.html
- Hans-Werner Sinn: Explanations of the study: What does the CO2 balance show? Retrieved on December 26, 2019 (response to criticism of the study "What does the CO2 balance show?").
- "What economists really want" ( Memento from September 29, 2007 in the Internet Archive ) Financial Times Deutschland, No. 90, May 10, 2006.
- “Who is the 'Platz-Hirsch' of the German Economics Profession? A Citation Analysis “by Heinrich W. Ursprung and Markus Zimmer, Yearbooks for Economics and Statistics, Lucius & Lucius, Stuttgart, 2007, Vol. 227/2
- "The most important economists" WirtschaftsWoche Online, December 27, 2011
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- Letter from Nobel Laureate Robert Solow ( memento from January 30, 2012 in the Internet Archive ) cesifo-group.de from December 31, 2008 (PDF), archived from the original
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- Scientific Advisory Board | Family Business Foundation. Retrieved January 23, 2019 .
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- Universities: Hans-Werner Sinn received an honorary doctorate from the HHL commercial college. In: Focus Online. July 3, 2013, accessed December 17, 2014 .
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- Business2003 from Financial Times Deutschland and getAbstract AG. Retrieved December 6, 2016 .
- Ifo President Prof. Hans-Werner Sinn receives the European Prize from Maastricht University cesifo-group.de August 22, 2008
- , Tagesschau.de on December 29, 2009
- sueddeutsche.de "Die Replik des Dinosauriers" ( Memento from January 27, 2010 in the Internet Archive ) (reaction from Hans-Werner Sinn).
- Bavaria's Minister of Economic Affairs, Zeil, awards the State Medal for special services to the Bavarian economy in Munich ( Memento from December 10, 2013 in the Internet Archive ).
- University of Chicago Booth School of Business
- Julian Hodge Institute of Applied Macroeconomics
- The Euro Crisis
- Ludwig Erhard Prize for Business Journalism 2013 ( Memento from October 12, 2013 in the Internet Archive ) (PDF; 70 kB)
- Börsenzeitung, June 29, 2013, p. 16.
- Announcement from the Leopoldina, Hans-Werner Sinn University Professor of the Year for 2015
- Merkel contributed to Brexit, that is the bitter truth . In: Frankfurter Allgemeine Zeitung . No. 269 , November 20, 2017, p. 19 .
|BRIEF DESCRIPTION||German economist|
|DATE OF BIRTH||March 7, 1948|
|PLACE OF BIRTH||Brake , Westphalia|