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Müller, Christian - 2003

Volk und Stände der Schweiz beschlossen 2001, den absoluten Schuldenstand des Staates im Konjunkturverlauf zu begrenzen … eine gewisse Flexibilität, die die Erfahrungen der Schweiz für eine Reform des Stabilitätspaktes interessant erscheinen …

Persistent link: https://www.econbiz.de/10010285899

The speed of adjustment to demand shocks: A Markov-chain measurement using micro panel data

Müller, Christian; Köberl, Eva - 2007

In this paper we measure the speed at which firms adjust to demand shocks using individual firm data. Identification of shocks is achieved by a combination of quantitative and qualitative judgments on capacity utilisation in micro survey data. A novel feature of our approach is the distinction...

Persistent link: https://www.econbiz.de/10010277760

Catching a floating treasure: A genuine ex-ante forecasting experiment in real time

Müller, Christian; Köberl, Eva Maria - 2012

Forecasting real economic activity poses a considerable challenge not only due to hard-to-predict events like the current financial crisis but also due to the fact that targeted variables often undergo significant revisions after their first publication. In this paper we report the results of a...

Persistent link: https://www.econbiz.de/10010319707

Business cycle measurement with semantic filtering: A micro data approach

Müller, Christian; Köberl, Eva - 2008

In this paper we develop a business cycle measure that can be shown to have excellent ex-ante forecasting properties for GDP growth. For identifying business cycle movements, we use a semantic approach. We infer nine different states of the economy directly from firms' responses in business...

Persistent link: https://www.econbiz.de/10010285806

Do competitively acquired funds induce public research institutions to behave efficiently?

Bolli, Thomas; Somogyi, Frank - 2009

This paper analyzes the effect of public and private third-party funds on the effciency of departments of Swiss public research institutions. Estimating an output distance function assuming that labor is used to produce master students and scientific publications, we find no statistically...

Persistent link: https://www.econbiz.de/10010285837

Tax competition and income sorting: Evidence from the Zurich metropolitan area

Schaltegger, Christoph A.; Somogyi, Frank; Sturm, Jan-Egbert - 2009

In this paper, we provide empirical evidence for the influence of income taxes on the choice of residence of taxpayers at the local level. The fact that Swiss communities can individually set tax multipliers thereby shifting the progressive tax scheme which is fixed at the cantonal (state) level...

Persistent link: https://www.econbiz.de/10010285851

The Swiss disease: Facts and artefacts

Abrahamsen, Yngve; Aeppli, Roland; Atukeren, Erdal; … - 2003

rich countries: New Zealand and Switzerland. We briefly discuss Kehoe/Prescott's definition of a great depression … perform sensitivity tests with respect to alternative operationalisations for Switzerland and the U.S. It is shown that with …-performing Switzerland reduces considerably. Yet, this still does not explain the comparatively poor economic growth in Switzerland during …

Persistent link: https://www.econbiz.de/10010285923

Monopolistic competition in Switzerland and mark-up pricing over the business cycle

Müller, Christian - 2004

We investigate how firms' market power affects the price level. In our small macro-model we show, that firms - in addition to hypothesised structural mark-up pricing power - may take advantage of favourable business cycle fluctuations. The paper provides empirical evidence for both these...

Persistent link: https://www.econbiz.de/10010285941

The KOF macro model in a time series perspective: Part one: the Swiss production function

Müller, Christian - 2002

Persistent link: https://www.econbiz.de/10010285942