We study the monetary compensation for non-fatal accident risk in Switzerland using the number of accidents within cells defined over industry x skill-level of the job and capitalizing on the partial panel structure of our data. Our results show that using accident risk at a lower level of...

This paper studies the role of wealth fluctuations for aggregate consumption in Switzerland. In the long-run, wealth is found to have a significant effect on consumption. In the short-run, by contrast, the effects are less clear as consumption and wealth sometimes deviate persistently from...

The Swiss government intends to link the Swiss Emissions Trading System to the EU ETS after 2012. Employing GENESwIS, a dynamic computable general equilibrium (CGE) model of the Swiss economy, we investigate the macroeconomic and sectoral effects of a post-2012 Swiss ETS with linking to the EU...

Decisions on climate change and nuclear policies are likely to have major influences on the future evolution of the Swiss energy system. To understand the implications of selected future policy decisions, we analyse the development of the Swiss energy system with a bottom-up technology-rich...

The energy demand and supply projections of the Swiss government funded by the Swiss Federal Office of Energy and carried out by a consortium of institutes and consulting companies are based on two types of energy models: macroeconomic general equilibrium models and bottom-up models for each...

How much additional income does a couple with two children need to be equally well-off as a childless couple? This question is important for public policy decisions on social benefits or child allowances. Since equivalence scales express the change in the cost of attaining a certain welfare...

How much additional income does a couple with two children need to be equally well-off as a childless couple? This question is important for public policy decisions on social benefits or child allowances. Since equivalence scales express the change in the cost of attaining a certain welfare...

The Swiss fiscal rule or "debt brake" is applied to simulated data of economic output and fiscal revenues. The budget remains almost perfectly balanced and the debt ratio stable over the medium and long term: The cyclical adjustment of the debt brake is effective in terms of its primary...

This paper estimates the response of consumer prices to a monetary policy shock in Switzerland. We find that there is no evidence of a price puzzle at the aggregate level. This is because our factor-augmented vector autoregression (FAVAR) avoids misspecification by including more information...

This paper analyzes the contribution of youth's different time allocations to positive behaviours in exchanges. Psychologists highlight that time spent within voluntary organizations fosters positive development. The paper aims at deepening the knowledge of the psychological bases of the...