"This study analyses the extent and determinants of temporary employment in Switzerland and performs an evaluation of these contracts using data from the first three waves of the Swiss Household Panel (SHP), i.e. for the years 1999 to 2001. It is shown that temporary employment is most common...

Implementing performance pay requires that workers' output be measured. When measurement costs differ among firms, those with a measurement cost advantage choose to implement performance pay. They attract the best workers, and both the level and variability of compensation are higher at these...

Atypical employment contracts are either considered as traps that hinder permanent employment in the primary segment of the labour market or as stepping-stones leading to stable employment. Whereas the former interpretation appears to apply to Germany, our analysis of on-call contracts in the...

Although auctions have many desirable properties, they have two undesirable features from buyers' perspective: Auctions impose waiting costs on buyers, which leads to "false trading". Sometimes, buyers pass up other valuable opportunities while waiting for the results of the auction. Other...

Dieser Beitrag untersucht die potentiellen Beschäftigungseffekte von Direktinvestitionen der Unternehmen des Dienstleistungssektors für die Schweiz. In einer theoretischen Perspektive werden zunächst die Konsequenzen der Besonderheiten von Dienstleistungsgütern gegenüber Industriegütern...

We investigate the suitability of securitization as an alternative to reinsurance for the purpose of transferring natural catastrophe risk. We characterize the conditions under which one or the other form of risk transfer dominates using a setting in which reinsurers and traders in financial...

This paper analyses the potential employment effects of foreign direct investment in the Swiss services industry. First, the theoretical analysis considers the consequences on domestic employment resulting from the specific characteristics of services compared with those of industrial goods. It...