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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...
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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....
Persistent link: https://www.econbiz.de/10011307773
Abstract Switzerland’s employment growth since the early 2000s was very high in both historical and international perspective, despite solid real wage increases and only moderate GDP growth. Yet, the reasons for the remarkable creation of jobs are largely unknown. We aim at filling this gap by...
Persistent link: https://www.econbiz.de/10014619328
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 downward,...
Persistent link: https://www.econbiz.de/10010319710
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...
Persistent link: https://www.econbiz.de/10013098262
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...
Persistent link: https://www.econbiz.de/10013040487
In this article the term knowledge and technology transfer broadly denotes any activities targeted at transferring knowledge and technology that may help a company or a research institution – depending on the direction of the transfer – to further promote its activities. We present here the...
Persistent link: https://www.econbiz.de/10010754919
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...
Persistent link: https://www.econbiz.de/10010587822