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We investigate how firms' market power affects the price level. In our small macro-model we show, that firms - in addition to hypothesised structural mark-up pricing power - may take advantage of favourable business cycle fluctuations. The paper provides empirical evidence for both these...
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We examine the determinants of overeducation in Switzerland - an economy generally characterised by excess qualified … studies. Our analyses show that overeducation in Switzerland cannot be explained by rigidities limiting the adjustments of …
Persistent link: https://www.econbiz.de/10002202976
The paper aims at explaining empirically the diffusion of E-commerce based on two largescale sample surveys conducted in the Swiss economy. The paper adds to previous work in two ways: firstly, we estimate separate models for E-selling and E-purchasing, and, secondly, we distinguish between...
Persistent link: https://www.econbiz.de/10002202981
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resources, namely, Switzerland. First, we test whether oil price shocks Granger-cause Swiss macroeconomic variables, and use a …
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