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...

Von der Öffentlichkeit weitgehend unbemerkt hat sich die Arbeitslosigkeit in der Schweiz trotz eines regelrechten Jobwunders in den letzten 20 Jahren erhöht. Es deutet Vieles darauf hin, dass es sich um einen Anstieg der strukturellen Arbeitslosigkeit handelt - also jener Arbeitslosigkeit,...

What determines small businesses' recourse to public support measures during the Covid-19 crisis? We analyse this question using a survey of 1,011 self-employed workers and small business owners in Switzerland, linked to information pre-dating the crisis. We find that "objective" measures of...