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The estimation of equivalence scales is an important aspect of any poverty or inequality analysis. Most of the research and policy recommendations rely on so called expert scales. Some of them are used in many countries, like the OECD scale. In Switzerland, recommendations of the CSIAS, the main...

This paper identifies the factors influencing unemployment duration in Switzerland. In comparison with the existing literature, we focus more specifically on the differences due to nationalities. Our sample is composed of 74'161 individuals drawn from the administrative database PLASTA during...

We propose an approach to measure the mobility immanent in regular Markov processes. For this purpose, we distinguish between mobility in equilibrium and mobility associated with convergence towards equilibrium. The former aspect is measured as the expectation of a functional, defined on the...

In this note we use the Rank-Dependent Expected-Utility (RDEU) model to analyse how the effect of improved information on smoking risks impacts the consumption of cigarettes. The RDEU model enables us to incorporate the ways individuals perceive smoking risks. We provide conditions for...

The paper examines whether and in what sense traders on the Swiss Stock Exchange (SWX) are influenced by what happens on Wall Street. According to the results, the SWX reacts strongly when U.S. macroeconomic news relevant to Wall Street is disclosed. Moreover, SWX traders seem to wait with...