During the 2008/2009 recession, most countries resorted to discretionary fiscal policy measures. In this paper, we run two simulations with the KOF Swiss Economic Institute’s macroeconomic model to assess how both the Swiss stimulus measures, and the measures taken by Switzerland’s major...

We evaluate nowcasts and one- to four-quarter-ahead forecasts of Swiss full time equivalent jobs from 1998q1–2011q4, 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...

We analyze cross-household inflation dispersion in Europe using “fictitious” monthly inflation rates for several household categories (grouped according to income levels, household size, socio-economic status, age) for the period from 1997 to 2008. Our analysis is carried out on a panel of...

This text presents the economic forecast released by the KOF Swiss Economic Institute at ETH Zurich on 13 June 2014. After an introduction describing the starting points and crucial assumptions underlying the forecast, we summarise the key results for Switzerland. Then we turn to the...

This text presents the economic forecast presented by the KOF Swiss Economic Institute at ETH Zurich on 28 March 2014. After an introduction describing the starting points and crucial assumptions underlying the forecast, we summarise the key results for Switzerland. Then we turn to the...

This paper shows that Switzerland is an exception concerning the labour share of national income: it is one of the very few developed countries which, since 1980, display an increasing labour share. Based on evidence from Swiss firms, this study examines the reasons for the persistence of...

While Switzerland's recent growth of employment was high in historical and international perspective, the reasons for this "job miracle" were not well understood. As the "miracle" was not anticipated by economic forecasters, it consequently resulted in systematic and persistent forecast errors....

This text presents the economic forecast conducted by the KOF Swiss Economic Institute at the ETH Zurich as published on 26 March 2013. After an introduction describing the current situation and crucial assumptions underlying the forecast, we summarise the key results for Switzerland. Then we...

This text presents the economic forecast conducted by the KOF Swiss Economic Institute at the ETH Zurich as published on 26 March 2013. After an introduction describing the current situation and crucial assumptions underlying the forecast, we summarise the key results for Switzerland. Then we...