This short paper investigates the impact of Swiss economists by analyzing the citations collected in the Social Sciences Citation Index. It comes as no big surprise that the Anglo- Saxon countries dominate modern economics with respect to the absolute number of eminent, most frequently cited...

The effectiveness of a central bank's monetary policy depends on the incentives of its head and board members to pursue an efficient policy in the citizens interest. Today, however, these incentives are weakened by three kinds of regulations. First, in almost all countries, only nationals may be...

Politico-economic analyses of democratic governance neglect the influence of independent audit institutions. While it is almost impossible to investigate their effect in a crosscountry design, we focus at the Swiss local level where audit courts play an important role. We collect cross-cantonal...

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Historical events are reflected in asset prices. In this paper we therefore analyze the prices of Swiss government bonds traded during WWII. The econometric analysis reveals that some events that are generally considered crucial for the military threat Switzerland faced, are clearly reflected in...

The econometric analysis of government bonds prices reveals new historical insights and can therefore support the research activities of historians. In his comments on our article "Krieg und Finanzmarkt", which deals with this topic, JEAN-CHRISTIAN LAMBELET raises many important points. Our...

This paper deals with the question how to locate generally beneficial, but locally harmful facilities in accordance with citizens' procedural preferences. The analysis of survey data collected among people potentially affected by such siting decisions shows that aspects of procedural fairness...

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