Zunächst wird eine kurze Übersicht über die verschiedenen Wege empirischer Forschung gegeben, die heute begangen werden. Danach wird die historische Entwicklung der empirischen Wirtschaftsforschung aufgezeigt. Es folgt eine Darstellung der Grundkonzeption der traditionellen ökonometrischen...

Using an applied general equilibrium of the Swiss economy the economic consequences of an environmental tax reform are analysed. Such a reform is followed by a substantial reduction of C02 emissions and the use of non-renewable energy (first dividend), and a reduction of involuntary...

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Using quarterly data for the Federal Republic of Germany, we generate four-quarter-ahead forecasts for real GDP growth. Throughout the 1970s and 1980s, other monetary indicators like real M1 or short-run interest rates clearly outperform forecasts which are based on interest rate spreads. This...

This paper looks into the determinants of the Swiss franc exchange rate against the euro. Based on the monetary approach to exchange rates, we start from the premise that monetary policy has an influence on the exchange rate. To measure this effect, we apply the structural vector-autoregression...

In this paper, factors explaining the regional disparity of unemployment in Switzerland at the level of the Swiss states (cantons) and labor market regions over time are examined. We estimate a dynamic panel using particularly suited estimation techniques in order to find out to what extent...