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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
This paper investigates the post-merger performance effects of merger and acquisitions (M&As). Our study is based on a representative sample that includes all Swiss M&As that took place in the period 2006–2008. In contrast to previous studies in this field most of our M&As took place between...
Persistent link: https://www.econbiz.de/10013099271
-ups. This is done based on a cohort of start-ups that is representative of all firms founded in Switzerland in 1996/97 as …
Persistent link: https://www.econbiz.de/10013086078
While previous studies on mergers and acquisitions (M&As) mostly relied on large firms, our study is based on a sample that includes all Swiss M&As that took place in the period 2006–2008, mostly of which have been SMEs. We investigate the firm characteristics that determine the innovation and...
Persistent link: https://www.econbiz.de/10013100425