This study describes a compact dynamic stochastic general equilibrium (DSGE) model fitted for the Swiss economy with Bayesian techniques. The model features two economies (small home economy, large foreign economy), five types of agents (households, producers of tradables, producers of...

Increasing interconnectedness of global economies has consistently generated a lot of interests among empirical macro-economists in their quest to properly understand the channels of international spillover and macroeconomic shocks and how such crises when they arise, are managed by Small Open...