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Counterfactual analysis in macroeconometrics : an empirical investigation into the effects of quantitative easing
Pesaran, M. Hashem; Smith, Ron - 2012
This paper is concerned with ex ante and ex post counterfactual analyses in the case of macroeconometric applications where a single unit is observed before and after a given policy intervention. It distinguishes between cases where the policy change affects the model's parameters and where it...
Persistent link: https://www.econbiz.de/10009548055
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R&D decisions and productivity growth : evidence from Switzerland and the Netherlands
Dobbelaere, Sabien; König, Michael D.; Spescha, Andrin; … - 2024
The fraction of R&D active firms decreased in Switzerland but increased in the Netherlands from 2000-2016. This paper …-productivity firms in Switzerland. Innovation support sustains firms' R&D activities in both countries. Our structural growth model … identifies the impact of innovation, imitation and R&D costs on firms' R&D decisions. R&D costs gained importance in Switzerland …
Persistent link: https://www.econbiz.de/10014535654
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Forecasting Swiss exports using Bayesian forecast reconciliation
Eckert, Florian; Hyndman, Rob J.; Panagiotelis, Anastasios - 2019
This paper conducts an extensive forecasting study on 13,118 time series measuring Swiss goods exports, grouped hierarchically by export destination and product category. We apply existing state of the art methods in forecast reconciliation and introduce a novel Bayesian reconciliation...
Persistent link: https://www.econbiz.de/10012058388
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Discretionary fiscal policy : the case of Switzerland
Frick, Andres; Graff, Michael; Hartwig, Jochen; … - 2010
the fiscal policy measures taken in Switzerland. Then we use simulations with the KOF macroeconomic model to assess the … effects on the Swiss economy of a) the Swiss measures on the one hand and b) the fiscal stimulus packages taken by Switzerland … stimulus packages in Switzerland and abroad, we re-run the KOF macroeconometric model counterfactually, modifying the variables …
Persistent link: https://www.econbiz.de/10008729237
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Fiscal responses to monetary policy : insights from a survey among government officials
Dibiasi, Andreas; Mikosch, Heiner; Sarferaz, Samad; … - 2024
This paper leverages a novel survey among German senior government officials to investigate fiscal responses to monetary policy shocks. Using randomized vignette treatments, we present officials with scenarios of increased government interest costs and analyze their expected fiscal adjustments....
Persistent link: https://www.econbiz.de/10015053809
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Macroeconometric evaluation of active labour market policies in Germany : a dynamic panel approach using regional data
Hujer, Reinhard; Blien, Uwe; Caliendo, Marco; Zeiss, … - 2002
Most evaluation studies of active labour market policies (ALMP) focus on the microeconometric evaluation approach using individual data. However, as the microeconometric approach usually ignores impacts on the non-participants, it should be seen as a first step to a complete evaluation which has...
Persistent link: https://www.econbiz.de/10011414213
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Macroeconomic impacts of ALMP on the matching process in West Germany
Hujer, Reinhard (contributor);  … - 2003 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10001808448
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Causality and econometrics
Heckman, James J.; Pinto, Rodrigo - 2022
This paper examines the econometric causal model for policy analysis developed by the seminal ideas of Ragnar Frisch and Trygve Haavelmo. We compare the econometric causal model with two popular causal frameworks: Neyman-Holland causal model and the do-calculus. The Neyman-Holland causal model...
Persistent link: https://www.econbiz.de/10012886838
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A safe harbor : wealth-income ratios in Switzerland over the 20th century and the role of housing prices
Baselgia, Enea; Martínez, Isabel - 2020
We estimate the ratio of private wealth to national income, βpt, for Switzerland over the period 1900-2018. Our results … indicate that the development of βpt in Switzerland did not follow a U-shaped pattern as in most European countries, but that …
Persistent link: https://www.econbiz.de/10012395288
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Empirical evidence on the effectiveness of social public procurement policy : the case of the Swiss apprenticeship training system
Leiser, Mirjam Strupler; Wolter, Stefan C. - 2016
In this paper we assess the effectiveness of a social public procurement policy in Switzerland that gives firms that …
Persistent link: https://www.econbiz.de/10011449858