EINLEITUNG -- DEFINITION UND CHARAKTERISTIKA VON PRIVATE DEBT FONDS -- THEORETISCHE GRUNDLAGEN -- STRUKTUR DER EMPIRISCHEN UNTERSUCHUNG. GESAMTPROZESSABLAUF UND DIE DUE DILIGENCE IN PRIVATE DEBT FONDS -- EMPIRISCHE BEFUNDE DER UNTERSUCHUNG -- ERFASSTER HANDLUNGSBEDARF UND ZWISCHENFAZIT --...

From a theoretical perspective, the output gap is probably the most comprehensive and convincing concept to describe the cyclical position of an economy. Unfortunately, for practical purposes, the concept depends on the determination of potential output, which is an inherently unobservable...

The discussion about the long-run evolution of labor productivity in Switzerland is flawed because the available data on the input of labor is incoherent and incomplete. It is the aim of this paper to establish a consistent aggregate series of total hours worked covering 1950-2010. The new data...

Abstract Switzerland’s employment growth since the early 2000s was very high in both historical and international perspective, despite solid real wage increases and only moderate GDP growth. Yet, the reasons for the remarkable creation of jobs are largely unknown. We aim at filling this gap by...

This paper is the first to study the factors determining labor's share of income on the level of the individual firm, employing an unusually informative panel data set. The empirical examination is concerned with Switzerland which stands out as one of the very few developed countries with a...