Frick, Andres; Graff, Michael; Hartwig, Jochen; … - In: International Review of Applied Economics 26 (2012) 1, pp. 27-45
During the 2008/2009 recession, most countries resorted to discretionary fiscal policy measures. In this paper, we run two simulations with the KOF Swiss Economic Institute’s macroeconomic model to assess how both the Swiss stimulus measures, and the measures taken by Switzerland’s major...