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Monetary Policy in a Small Open Economy Model: A DSGE-VAR Approach for Switzerland

Bäurle, Gregor; Menz, Tobias - 2008

We study the transmission of monetary shocks and monetary policy with a behavioral model, corrected for potential misspecification using the DSGE-VAR framework elaborated by DelNegro and Schorfheide (2004). In particular, we investigate if the central bank should react to movements in the...

Persistent link: https://www.econbiz.de/10011430077

Monetary policy and real estate prices: A disaggregated analysis for Switzerland

Berlemann, Michael; Freese, Julia - 2010

Most empirical studies found that monetary policy has a significant effect on house prices while stock markets remain unaffected by interest rate shocks. In this paper we conduct a more detailed analysis by studying various sub-segments of the real estate market. Employing a new dataset for...

Persistent link: https://www.econbiz.de/10010289022

The puzzle of the Swiss interest rate island: Stylized facts and a new interpretation

Kugler, Peter; Weder, Beatrice - 2002

Diese Arbeit leistet einen Beitrag zu der Debatte über das Rätsel ?Zinsinsel Schweiz? indem es stilisierte Fakten über …

Persistent link: https://www.econbiz.de/10010295491

The market for used cars: A new test of the lemons model

Emons, Winand; Sheldon, George - 2002

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

Heterogenity in the Intergenerational Transmission of Educational Attainment: Evidence from Switzerland on Natives and Second

Bauer, Philipp C.; Riphahn, Regina T. - 2005

This study applies rich data from the 2000 Swiss census to investigate the patterns of intergenerational education transmission for natives and second generation immigrants. The level of secondary schooling attained by youth aged 17 is related to their parents' educational outcomes using data on...

Persistent link: https://www.econbiz.de/10010296387

Social Health Insurance: the major driver of unsustainable fiscal policy?

Hagist, Christian; Klusen, Norbert; Plate, Andreas; … - 2005

During the next decades the populations of most developed countries will grow older as a result of the low level of birth rates since the 1970s and/or the continuously increasing life expectancy. We show within a Generational Accounting framework how unsustainable the public finances of France,...

Persistent link: https://www.econbiz.de/10010296858

Competition in Social Health Insurance: A Three-Country Comparison

Greß, Stefan - 2004

The objectives guiding health care reforms in Germany, Switzerland and the Netherlands were to increase efficiency and consumer satisfaction in the provision of health care services. This paper sums up incentives and instruments of competition for consumers, sickness funds and health care...

Persistent link: https://www.econbiz.de/10010296988

Wettbewerb der Steuersysteme in Europa - eine vergleichende Analyse am Beispiel der Region Oberrheingraben unter Einbeziehung aktueller Reformvorschläge

Eckerle, Tobias H. - 1997

Oberrheingraben und die dahinter stehenden Steuersysteme Deutschlands, Frankreichs und der Schweiz zu untersuchen und zu überprüfen … Schweiz durchweg am geringsten ist. Betrachtet man die Steuerbelastung auf Unternehmensebene, so werden deutsche … der Region überall weitgehend das gleiche Niveau aufweist. Dagegen können in Frankreich und der Schweiz je nach Gemeinde …

Persistent link: https://www.econbiz.de/10010297562

External Costs of Road, Rail and Air Transport - a Bottom-Up Approach

Weinreich, Sigurd; Rennings, Klaus; Schlomann, Barbara; … - 1998

This paper aims to describe the calculation of environmental and health externalities caused by air pollutants, accidents and noise from different transport modes (road, rail, air) on the route Frankfurt-Milan. The investigation is part of the QUITS project (QUITS = Quality Indicators for...

Persistent link: https://www.econbiz.de/10010297574

The employment impact of cleaner production on the firm level: empirical evidence from a survey in five European countries

Rennings, Klaus; Zwick, Thomas - 2001

This paper analyses the determinants of employment reactions of firms when environmental innovations have been carried out. It differentiates hereby between employment increases and decreases. The data stem from a telephone survey covering more than 1500 firms in five European countries that...

Persistent link: https://www.econbiz.de/10010297743

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