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From a theoretical perspective, the output gap is probably the most comprehensive and convincing concept to describe the cyclical position of an economy. Unfortunately, for practical purposes, the concept depends on the determination of potential output, which is an inherently unobservable...
Persistent link: https://www.econbiz.de/10008906040
Persistent link: https://www.econbiz.de/10011427648
This paper examines the linkages between real exchange rate movements and firms' skill demand. Real exchange rate movements may affect unskilled workers differently than skilled workers because of skill-specific adjustment costs, or because exchange rates lead to changes in relative factor...
Persistent link: https://www.econbiz.de/10011280799
We evaluate nowcasts and one- to four-quarter-ahead forecasts of Swiss full time equivalent jobs from 1998–2011, comparing forecasts of the KOF Swiss Economic Institute and of the State Secretariat for Economic Affairs with the outcome of the reference series. Both forecasts are biased...
Persistent link: https://www.econbiz.de/10009658652
Dieser Bericht beleuchtet, wie das Personenfreizügigkeitsabkommen (FZA) der Schweiz mit den EU/EFTA-Staaten das … Einkommenswachstum in der Schweiz in den letzten Jahren beeinflusst hat. Der Bericht verfolgt das Ziel, Klarheit in die in der … Bruttoinlandprodukts (BIP) pro Kopf der Bevölkerung in der Schweiz gehabt hat. Aus den Analysen lässt sich vor allem ein genereller Schluss …
Persistent link: https://www.econbiz.de/10009664710
We estimate the causal effect of immigration on the labor market outcomes of resident employees in Switzerland, whose …
Persistent link: https://www.econbiz.de/10009757268
We estimate the causal effect of immigration on unemployment, employment and wages of resident employees in Switzerland …
Persistent link: https://www.econbiz.de/10010342243
Persistent link: https://www.econbiz.de/10011441489
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examining the effects of an unexpectedly accepted and farreaching referendum in Switzerland in February 2014. The vote has put … several economically relevant agreements between Switzerland and its main trading partner, the European Union, at stake. Using …
Persistent link: https://www.econbiz.de/10011458466