The economics literature lacks articles that provide a broad roadmap-let alone a logical explanation-of the new set of Federal Reserve policy tools that were created to counter the COVID-19 recession. This study provides an overview of the motivation for these new credit-easing programs-namely...

The third chapter estimates negative average effects of a Swiss job search programme for unemployed persons. Those who are send to the job search programme are significantly less likely to find a job quickly than comparable unemployed persons who do not participate in such a programme. Recent...