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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/10010277785
In a pioneering attempt we present the R(ecession)-word index for Switzerland. We evaluate its predictive ability of …
Persistent link: https://www.econbiz.de/10010319709
We evaluate nowcasts and one- to four-quarter-ahead forecasts of Swiss full time equivalent jobs from 1998q1–2011q4, comparing forecasts of the KOF Swiss Economic Institute and of the State Secretariat for Economic Affairs with the outcome of the reference series. Both forecasts are biased...
Persistent link: https://www.econbiz.de/10013098262
In this study we construct the R(ecession)-word index for Switzerland. To the best of our knowledge, this has never …
Persistent link: https://www.econbiz.de/10013104620
We evaluate nowcasts and one- to four-quarter-ahead forecasts of Swiss full time equivalent jobs from 1998-2011, comparing forecasts of the KOF Swiss Economic Institute and of the State Secretariat for Economic Affairs with the outcome of the reference series. Both forecasts are biased downward,...
Persistent link: https://www.econbiz.de/10010319710
constructed for Germany and Switzerland. We use these indices in order to track the business cycle dynamics in these two countries … Switzerland. Third, we show that the RWI-based forecasts are more accurate than the consensus forecasts (published by Consensus … Economics Inc.) for Switzerland, whereas we reach the opposite conclusion for Germany. In fact, the accuracy of the consensus …
Persistent link: https://www.econbiz.de/10010319719
While Switzerland's recent growth of employment was high in historical and international perspective, the reasons for … consequence of the “miracle”, but also an important cause, as it created additional jobs in Switzerland by raising local demand …
Persistent link: https://www.econbiz.de/10013040487
In a first step, we developed based on existing theoretical and empirical literature a series of hypotheses with respect to the relative importance of possible determinants of exploration and exploitation of knowledge in collaboration with universities and tested them on Swiss firm data. In a...
Persistent link: https://www.econbiz.de/10010319708
There is growing evidence that firms increasingly adopt open innovation practices. In this paper we investigate the impact of two such external knowledge acquisition strategies, buy and cooperate, on firm's product innovation performance. Taking a direct (productivity) approach, we test for...
Persistent link: https://www.econbiz.de/10010319720
In this paper, the parent firms' choice of FDI locations is analyzed based on a unique firm-level dataset for Swiss MNEs. The data allows a detailed characterization of parent companies, their foreign subsidiaries and the two-way trade flows between parent companies and foreign affiliates. In...
Persistent link: https://www.econbiz.de/10010319730