Showing 1 - 10 of 159
What determines small businesses' recourse to public support measures during the Covid-19 crisis? We analyse this question using a survey of 1,011 self-employed workers and small business owners in Switzerland, linked to information pre-dating the crisis. We find that "objective" measures of...
Persistent link: https://www.econbiz.de/10012239249
We review and condense the body of literature on the economic returns of public R&D on private R&D and find that: (i) private returns to R&D appear to be large and larger than the returns to alternative investments; (ii) private R&D and R&D subsidies are positively correlated and there is no...
Persistent link: https://www.econbiz.de/10011778909
Using a new dataset for 41 German non-governmental organizations (NGOs), we analyze the allocation of NGO aid across recipient countries in a Tobit regression framework. By identifying for each NGO the degree of public refinancing, we address the largely unresolved issue of whether financial...
Persistent link: https://www.econbiz.de/10008728702
This paper proposes a new approach to measuring changes in the social status of education programmes, a type of social status that the literature has greatly neglected so far. We focus on the dual Vocational Education and Training (dual VET) system in Switzerland, which has recently received...
Persistent link: https://www.econbiz.de/10011437642
A sudden change in monetary policy happened in Switzerland on January 15th, 2015. The Swiss National Bank removed a lower exchange rate bound vis-à-vis the Euro. This unexpected change of regime induced a temporary uncertainty about future prices in foreign markets. We believe that this hampers...
Persistent link: https://www.econbiz.de/10011413367
While Switzerland's recent growth of employment was high in historical and international perspective, the reasons for this "job miracle" were not well understood. As the "miracle" was not anticipated by economic forecasters, it consequently resulted in systematic and persistent forecast errors....
Persistent link: https://www.econbiz.de/10010438923
This paper examines the effect of local political decision-making institutions (i.e., direct democracy vs. representative democracy) on citizens' preferences toward public spending. Exogenous variation in institutions comes from a regression discontinuity design, which exploits a discrete change...
Persistent link: https://www.econbiz.de/10011977357
This paper analyses how the social status of vocational education and training (VET) in Switzerland has changed over time and how it differs across population groups. The applied measure for the social status of VET compares the cognitive abilities (measured by PISA scores) of prospective...
Persistent link: https://www.econbiz.de/10011977379
This paper studies the effect of sharing a common native language on international trade. Switzerland hosts three major native language groups which adjoin countries sharing the same native majority languages. In regions close to the internal language border the alternate major language is...
Persistent link: https://www.econbiz.de/10010497513
We apply the novel approach of Siliverstovs (2015) to modelling data sampled at different frequencies in order to scrutinise the composition of one of the most influential economic indicators in Switzerland. The Purchasing Managers' Index consists of eight sub-indices out of which only five...
Persistent link: https://www.econbiz.de/10010498418