Volume 1: Econometric General Equilibrium Modeling presents an econometric approach to general equilibrium modeling of the impact of economic policies. Earlier approaches were based on the "calibration" of general equilibrium models to a single data point. The obvious disadvantage of calibration...

This paper examines the underpinnings of the successful performance of the US economy in the late 1990s. Relative to the early 1990s, output growth has accelerated by nearly two percentage points. We attribute this to rapid capital accumulation, a surge in hours worked, and faster growth of...

"Der Verfasser untersucht, ob bestimmte Entwicklungen in der Schweiz während der Krise und bedingt durch die starke Aufwertung des Frankens Anschauungsmaterial für die Beantwortung kontroverser Fragen in der Bundesrepublik bieten. Nur kurz behandelt werden folgende Strategien der...