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The lemons model assumes that owners of used cars have an informational advantage over potential buyers with respect to the quality of their vehicles. Owners of bad cars will try to sell them to unsuspecting buyers while owners of good cars will hold on to theirs. Consequently, the quality of...
Persistent link: https://www.econbiz.de/10010295509
This paper investigates the role that discrimination plays in the educational marginalization of foreign youth commonly observed in European countries with a long guestworker tradition. Economic theory offers two basic explanations for discrimination of this form: taste-based discrimination...
Persistent link: https://www.econbiz.de/10011390634
Persistent link: https://www.econbiz.de/10010323996
How a sustainable fiscal policy can be performed in a federal system is not only a Swiss problem but is also discussed in other federal countries like Germany and Austria, and in the European Union. Contrary to most other countries, the Swiss fiscal system is characterised by an extensive fiscal...
Persistent link: https://www.econbiz.de/10010265714
The advantages and disadvantages of fiscal federalism are widely discussed in economics and political science. While some authors argue that federalism favors individual initiatives and serves as a market preserving device, others emphasize the dangers arising from an increasing corruption and...
Persistent link: https://www.econbiz.de/10010265752
Using Swiss data from 1983 to 2008, this paper investigates whether growth rates of the different measures of the quantity of money and or excess money can be used to forecast inflation. After a preliminary data analysis, money demand relations are specified, estimated and tested. Then,...
Persistent link: https://www.econbiz.de/10010266089
Using data of Swiss referenda from 1981 to 1999, this paper presents new empirical results which allow us to discriminate better between the decision and mobilisation hypotheses of electoral participation. First, theoretical considerations which lead to these hypotheses are presented as well as...
Persistent link: https://www.econbiz.de/10010272871
Folgen dieser Politik für die Schweiz. Im Fokus stehen sowohl die eingewanderten Ausländer als auch heimische Arbeitskräfte … entwickelt? - Welche Personen sind in welchem Ausmass wann und wohin in die Schweiz eingewandert? - Welche verbleiben in der … Schweiz, und welche wandern zurück? - In welchem Mass gelingt die Integration der Ausländer in das Schweizer Bildungssystem …
Persistent link: https://www.econbiz.de/10011428782
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In den ersten sieben Jahren der Personenfreizügigkeit mit der EU/EFTA verzeichnete die Schweiz einen nach …
Persistent link: https://www.econbiz.de/10011428814