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While Switzerland's recent growth of employment was high in historical and international perspective, the reasons for … consequence of the "miracle", but also an important cause, as it created additional jobs in Switzerland by raising local demand …
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examining the effects of an unexpectedly accepted and farreaching referendum in Switzerland in February 2014. The vote has put … several economically relevant agreements between Switzerland and its main trading partner, the European Union, at stake. Using …
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In Switzerland a sudden policy uncertainty shock happened in February 2014 with the close and largely unexpected … acceptance of a referendum aiming at limiting free movement of persons. The referendum requires Switzerland to reintroduce annual … important agreements between Switzerland and the European Union, and reduced expected future domestic demand for firms. This …
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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...
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