We examine the determinants of overeducation in Switzerland - an economy generally characterised by excess qualified labor demand. We define those who are overeducated more precisely, and include in our sample only those who work in occupations relating to their educational background. Failing...

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...

In their introduction to the special issue of the Review of Economic Dynamics on "Great Depressions of the 20th Century" (Vol. 5, 2002), Timothy J. Kehoe and Edward C. Prescott argue that in the last few years "great depressions" have hit two rich countries: New Zealand and Switzerland. We...

Wie hat der Schweizer Arbeitsmarkt die Coronakrise überstanden? War die staatliche Antwort auf der Höhe dieser schwierigen Aufgabe? In ihrer neusten Publikation stellt Avenir Suisse fest, dass Selbständige, Angestellte in tiefen Pensen und junge Erwachsene am härtesten getroffen wurden....

Over the last few decades, inequality has been decreasing sharply between countries. However, a person’s country of birth still determines more than half the differences in his or her income. This publication puts the spotlight on the catalyst behind inequality. It argues that the...