In der Debatte um die fehlende Wettbewerbsfähigkeit Deutschlands als Industriestandort spielen hohe Energiekosten eine wichtige Rolle. Perspektivisch erscheinen daher Standorte mit einer hohen Verfügbarkeit an grüner und günstiger Energie besonders attraktiv für die energieintensive...

This paper investigates the impact of international swap lines on stock returns using data from banks in emerging markets. The analysis shows that swap lines by the Swiss National Bank (SNB) had a positive impact on bank stocks in Central and Eastern Europe. It then highlights the importance of...

This paper examines spillover and spillback effects of unconventional monetary policies conducted by the European Central Bank (ECB) and Swiss National Bank (SNB) on the exchange rate's distribution. The empirical setup examines the price response of EURCHF risk reversal to a change in ECB and...

This study examines the behavior of Swiss house prices in relation to immigration flows for 85 regions from 2001 to 2006. The results show that the nexus between immigration and house prices holds even in an environment of low house price inflation and modest immigration flows. An immigration...