Siegenthaler, Michael; Graff, Michael; Mannino, Massimo - 2014
this "job miracle" were not well understood. As the "miracle" was not anticipated by economic forecasters, it consequently … resulted in systematic and persistent forecast errors. This paper shows that the "miracle" is related to a substantial increase … structural changes that affected the Swiss economy around 2000. Then, we discuss potential drivers of the "miracle" which are …