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Macroeconometric policy simulation models allow for an analysis, and, above all, for a quantification of the effects different economic policies have on the various variables that represent the economy. Despite the seminal "Lucas critique" levelled against them, these models are still widely...
Persistent link: https://www.econbiz.de/10002202977
This paper examines the macroeconomic effects of an oil price shock in a small open industrial economy without oil resources, namely, Switzerland. First, we test whether oil price shocks Granger-cause Swiss macroeconomic variables, and use a medium-scale macroeconometric model to track the...
Persistent link: https://www.econbiz.de/10001783595
For many years, Business Tendency Surveys on the basis of mailing suffer from an erosion of the response rate. To counter this problem, there are traditional methods as limitation of the number of questions, improvement of the design of the questionnaire, intensified recalls by mail or...
Persistent link: https://www.econbiz.de/10001767702
In order to correct the bias due to unit non-response for the KOF ETH Zurich's business (mail) surveys, we usually use the results of a second (phone) survey by the non-respondents. Taking the case of the survey 2000 on "Organization and Information Technologies" in the Swiss economy, we...
Persistent link: https://www.econbiz.de/10001767762
We apply different matched-pair methods to evaluate the policy of sustaining the adoption of advanced manufacturing technologies by Swiss firms and we compare it in decomposing the selection bias. In this aim we present the evaluation problem, the decomposition of the selection bias and the...
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