Showing 1 - 10 of 13
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
We estimate the causal effect of immigration on the labor market outcomes of resident employees in Switzerland, whose …
Persistent link: https://www.econbiz.de/10013080995
From a theoretical perspective, the output gap is probably the most comprehensive and convincing concept to describe the cyclical position of an economy. Unfortunately, for practical purposes, the concept depends on the determination of potential output, which is an inherently unobservable...
Persistent link: https://www.econbiz.de/10010277776
The discussion about the long-run evolution of labor productivity in Switzerland is flawed because the available data … series of total hours worked covering 1950-2010. The new data indicates that hours worked in Switzerland have been nearly … consequence, Switzerland's performance in terms of labor productivity growth has been underestimated in previous work …
Persistent link: https://www.econbiz.de/10010319698
We estimate the causal effect of immigration on the labor market outcomes of resident employees in Switzerland, whose …
Persistent link: https://www.econbiz.de/10010319716