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...

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...

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...