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Traditionally, the literature on seigniorage has mentioned different concepts of measuring seigniorage, most prominently the monetary concept and the opportunity cost concept. The relationship between different concepts of seigniorage has never been settled clearly. This paper discusses...
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This paper analyzes the change of the output-inflation trade-off in Switzerland over time. Three approaches are used. A traditional equation and a structural vectorautoregressive model are estimated with a moving local regression method. Furthermore, a dummy variable method is applied. The...
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Economics in Switzerland: What has changed over the last 20 years? Swiss economics and economists have opened up vis-à-vis the rest of the world to a considerable extent. Today, the degree of internationalisation and research orientation is markedly higher than it was 20 years ago....
Persistent link: https://www.econbiz.de/10005148992