This chapter addresses one of the most long-term issues for mankind: global warming. The chapter points out that most existing analyses have neglected the supply side. Without a proper analysis of supply-side effects, demand-reducing measures, which are generally regarded as selfevident...

This chapter analyses the impact of increased economic integration with low-wage economies on Western European jobs: the message is that when taking all effects into account, globalisation is more likely in the end to raise rather than to reduce employment, because it will help making labour...

Authors of the Report on the European Economy 2008

A crucial issue for macro developments in Europe is how large and persistent the depreciation of the US dollar against the euro will be. This chapter offers an in-depth analysis of this.

This chapter argues against using industrial policy to protect European firms from international competition because of the long-run costs that are likely to arise. Industrial policy should be horizontal rather than sector-based and it should be located mainly at the regional and EU level, but...

This paper presents a new composite leading indicator for the Swiss business cycle corresponding to the growth cycle concept. It is the result of another complete overhaul of the KOF Economic Barometer that has been published by the KOF Swiss Economic Institute on a monthly basis since 1976. In...

This text presents the economic forecast conducted by the KOF Swiss Economic Institute at the ETH Zurich as published on 26 March 2013. After an introduction describing the current situation and crucial assumptions underlying the forecast, we summarise the key results for Switzerland. Then we...

In diesem Beitrag wird mit Rückgriff auf Quartals- und Jahresdaten für 14 bzw. 25 Länder gezeigt, dass Revisionen der von der OECD publizierten Outputlücke mit Hilfe von Umfragedaten zur Kapazitätsauslastung erklärt werden können, die bereits zum Zeitpunkt der Erstveröffentlichung...