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Neven, Damien J; von Ungern-Sternberg, Thomas - C.E.P.R. Discussion Papers - 1996

This paper provides a critical review of competition policy in Switzerland. We analyse the legal statute, the …

Persistent link: https://www.econbiz.de/10005124301

Regional Treatment Intensity as an Instrument for the Evaluation of Labour Market Policies

Fröhlich, Markus; Lechner, Michael - C.E.P.R. Discussion Papers - 2004

The effects of active labour market policies (ALMP) on individual employment chances and earnings are evaluated by non-parametric instrumental variables based on Swiss administrative data with detailed regional information. Using an exogenous variation in the participation probabilities across...

Persistent link: https://www.econbiz.de/10005498153

Does Subsidized Temporary Employment Get the Unemployed Back to Work? An Econometric Analysis of Two Different Schemes

Gerfin, Michael; Lechner, Michael; Stieger, Heidi - C.E.P.R. Discussion Papers - 2002

schemes of subsidized temporary employment implemented in Switzerland. One scheme operates as a non-profit employment …

Persistent link: https://www.econbiz.de/10005504692

International Portfolio Holdings and Swiss Franc Asset Returns

Kugler, Peter; Weder di Mauro, Beatrice - C.E.P.R. Discussion Papers - 2004

This Paper revisits the puzzle of low returns on Swiss franc assets using a new dataset of international portfolio holdings at Swiss banks. The main findings are as follows. First, we find that the return anomaly is present only for fixed income assets and not for equity. Second, it is mostly...

Persistent link: https://www.econbiz.de/10005656129

Volatile Top Income Shares in Switzerland? Reassessing the Evolution Between 1981 and 2009

Foellmi, Reto; Martínez, Isabel Z. - C.E.P.R. Discussion Papers - 2014

We study the recent evolution of top incomes in Switzerland, analyzing both social security data on labor incomes and ….01 percent’s share even doubled, putting Switzerland similar to European countries for the top 1 percent group but closer to the … suggests that labor incomes have become more important among top income earners in Switzerland. This is in line with findings …

Persistent link: https://www.econbiz.de/10011083290

Do Agglomeration Economies Reduce the Sensitivity of Firm Location to Tax Differentials?

Brülhart, Marius; Jametti, Mario; Schmidheiny, Kurt - C.E.P.R. Discussion Papers - 2007

Low corporate taxes can help attract new firms. This is the main mechanism underpinning the standard 'race-to-the-bottom' view of tax competition. A recent theoretical literature has qualified this view by formalizing the argument that agglomeration forces can reduce firms' sensitivity to tax...

Persistent link: https://www.econbiz.de/10005791554

Exploiting Regional Treatment Intensity for the Evaluation of Labour Market Policies

Fröhlich, Markus; Lechner, Michael - C.E.P.R. Discussion Papers - 2006

We estimate the effects of active labour market policies (ALMP) on subsequent employment by nonparametric instrumental variables and matching estimators. Very informative administrative Swiss data with detailed regional information are combined with exogenous regional variation in programme...

Persistent link: https://www.econbiz.de/10005792373

Inequality and Aggregate Savings in the Neoclassical Growth Model

Foellmi, Reto - C.E.P.R. Discussion Papers - 2009

Within the context of the neoclassical growth model I investigate the implications of (initial) endowment inequality when the rich have a higher marginal savings rate than the poor. More unequal societies grow faster in the transition process, and therefore exhibit a higher speed of convergence....

Persistent link: https://www.econbiz.de/10008491724

Pricing Policy Under Double Market Power: Madagascar and the International Vanilla Market

de Melo, Jaime; Olarreaga, Marcelo; Takacs, Wendy E - C.E.P.R. Discussion Papers - 1996

This paper uses a price-leadership model of the international vanilla market to study the welfare consequences of alternative pricing policies for Madagascar – a country that controls domestic production through a single-channel marketing system and is the leader in the vanilla market....

Persistent link: https://www.econbiz.de/10005123561

Labour Market Institutions and the Cohesion of the Middle Class

Saint-Paul, Gilles - C.E.P.R. Discussion Papers - 1995

We develop a simple model to study how relative wage rigidity affects equilibrium taxation. It is argued that relative wage rigidity, by compressing incomes within the middle class, leads to a lower degree of redistributive conflict within the politically important core of society, even though...

Persistent link: https://www.econbiz.de/10005123707