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...

The spring forecast for Swiss health expenditure covers the years 2008 to 2010 (official data range to 2007). For the year 2008, the forecast assumes a higher-than-average growth in health expenditure. While a still solid growth is expected for the year 2009, a cooling down as a consequence of...

The autumn forecast for Swiss health expenditure covers the years 2008 to 2011 (official data range to 2007). For the year 2008, the forecast assumes a higher-than-average growth in health expenditure. While a still solid growth is expected for the year 2009, a cooling down as a consequence of...

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...