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On the Existence and Efficiency of Equilibria Under Liability Rules
Singh, Ram - 2006
While the focus of mainstream economic analysis of liability rules remains on negligence liability, recently some legal scholars have argued for the sharing of liability. In this paper, our first objective is contribute to the debate regarding the desirability of the sharing of liability for the...
Persistent link: https://www.econbiz.de/10012466036
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Unequal Expenditure Switching : Evidence from Switzerland
Auer, Raphael A.; Burstein, Ariel T.; Lein-Rupprecht, … - National Bureau of Economic Research - 2022
imported and domestic goods, on which there is scant evidence. Using data from Switzerland surrounding the 2015 appreciation of …
Persistent link: https://www.econbiz.de/10012938726
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Do Central Banks Rebalance Their Currency Shares?
Chinn, Menzie David; Itō, Hiro; McCauley, Robert N. - National Bureau of Economic Research - 2021
; Switzerland does rebalance its very large reserves, so that changes in exchange rates do not move its currency allocation. Our …
Persistent link: https://www.econbiz.de/10012616637
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The Abolition of Immigration Restrictions and the Performance of Firms and Workers : Evidence from Switzerland
Beerli, Andreas - 2018
We study a reform that granted European cross-border workers free access to the Swiss labor market and had a stronger effect on regions close to the border. The greater availability of cross-border workers increased foreign employment substantially. Although many cross-border workers were highly...
Persistent link: https://www.econbiz.de/10012480953
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The Impact of Social Security on Pension Claiming and Retirement : Active vs. Passive Decisions
Lalive, Rafael - 2020
We exploit a unique Swiss reform to identify the importance of passivity, claiming social security benefits at the Full Retirement Age (FRA). Sharp discontinuities generated by the reform reveal that raising the FRA while imposing small early claiming penalties significantly delays pension...
Persistent link: https://www.econbiz.de/10012481469
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Taxing Our Wealth
Scheuer, Florian - 2020
past, now only three retain them, with only Switzerland raising a comparable fraction of revenue as recent proposals for a …
Persistent link: https://www.econbiz.de/10012482369
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Exchange Rates and Prices : Evidence from the 2015 Swiss Franc Appreciation
Auer, Raphael A.; Burstein, Ariel T.; Lein-Rupprecht, … - National Bureau of Economic Research - 2021
We dissect the impact of a large and sudden exchange rate appreciation on Swiss border import prices, retail prices, and consumer expenditures on domestic and imported non-durable goods, following the removal of the EUR/CHF floor in January 2015. Cross-sectional variation in border price changes...
Persistent link: https://www.econbiz.de/10012482622
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Choice, Price Competition and Complexity in Markets for Health Insurance
Frank, Richard - 2008
Switzerland offers a unique opportunity to study price competition in health insurance markets. Switzerland regulates health …
Persistent link: https://www.econbiz.de/10012464830
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Are Shocks to the Terms of Trade Shocks to Productivity?
Kehoe, Timothy J. - 2007
International trade is frequently thought of as a production technology in which the inputs are exports and the outputs are imports. Exports are transformed into imports at the rate of the price of exports relative to the price of imports: the reciprocal of the terms of trade. Cast this way, a...
Persistent link: https://www.econbiz.de/10012465543
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Swiss Exchange Rate Policy in the 1930s. Was the Delay in Devaluation Too High a Price to Pay for Conservatism?
Bordo, Michael - 2006
In this paper we examine the experience of Switzerland's devaluation in 1936. The Swiss case is of interest because … Switzerland was a key member of the gold bloc, and much of the modern academic literature on the Great Depression tries to explain … why Switzerland and the other gold bloc countries, France, and the Netherlands, remained on the gold standard until the …
Persistent link: https://www.econbiz.de/10012466174