Vor diesem Hintergrund widmet sich der vorliegende Forschungsbericht dem Management von Reputationsrisiken in Banken. Ziel im Teil A ist es zunächst, Reputationsrisiken zu definieren und deren Bedeutung aufzuzeigen. Im Anschluss daran wird im Teil B dargelegt, in welcher Art und Weise für das...

Wagniskapitalfinanzierungen sind ein wichtiges Konstrukt im Gefüge einer Volkswirtschaft. Sie stellen den Teil der Frühphasenfinanzierung des Sektors der Eigenkapitalbeteiligungen dar. Geplante Unternehmensneugründungen sind gerade bei kapitalintensiven Tätigkeiten verstärkt auf...

This paper examines the existence of a habituation effect to unemployment: Do the unemployed suffer less from job loss if unemployment is more widespread, if their own unemployment lasts longer and if unemployment is a recurrent experience? The underlying idea is that unemployment hysteresis may...

This paper presents and compares trends in income inequality in Switzerland and Germany from 2000 to 2009 using harmonized data from the Socio-Economic Panel (SOEP) and the Swiss Household Panel (SHP). Whereas in Germany inequality has increased substantially during this period, in Switzerland...

The 1990s and 2000s were a gloomy period for Germany's working class, hit by mass unemployment, welfare retrenchment and wage stagnation. We examine whether the growing economic disparity between the top and the bottom of Germany's class structure was accompanied by a widening class gap in life...

We dissect the impact of a large and sudden exchange rate appreciation on Swiss border import prices, retail prices, and consumer expenditures on domestic and imported non-durable goods, following the removal of the EUR/CHF floor in January 2015. Cross-sectional variation in border price changes...

Using a simple case study approach. this paper compares the conduct and performance of monetary policy in six Industrialized countries since the breakup of the Bretton Woods system. Our purpose is to develop fruitful hypotheses that might usefully be explored in subsequent, more formal research....

This paper extends previous work on the information in the term structure at longer maturities to other countries besides the United states, using a newly constructed data set for 1 to 5 year interest rates from Britain, West Germany and Switzerland. Even with wide differences in inflation...