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This paper assesses the relationship between the macroeconomic system and the banking sector by estimating two separate non-linear Vector Autoregressive models (VAR) for the US and Switzerland. The model specification includes the output gap, the interest rate, the in ation rate and a banking...
Persistent link: https://www.econbiz.de/10009702995
This study provides a comprehensive, accurate and ready-to-use dataset on the relationships between the members of the Swiss Parliament and groups of interests. We capture politicians' linkages exploiting (1) their mandates in legal entities; (2) the enterprises, associations or other...
Persistent link: https://www.econbiz.de/10011410403
Using a unique dataset, based on the 49th Swiss legislature, we assess lobbying effect on politicians' votes. Counselors' ties are approximated by their mandates in in legal entities. Political representatives' fidelity to their political group is measured by a dummy proximity indicator. We find...
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This paper investigates demand responses to variations in the characteristics of the vehicles. Our investigation is based on number of sales for each model marketed over the period 2006-2015 in Switzerland, and puts particular emphasis on fuel efficiency, curb weight, horsepower, and the...
Persistent link: https://www.econbiz.de/10011977265
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Using co-integration techniques, we investigate the determinants of gasoline demand in Switzerland over the period 1970-2008. We obtain a very weak price elasticity of -0.09 in the short run and -0.34 in the long run. For fuel demand, i.e. gasoline plus diesel, the corresponding price...
Persistent link: https://www.econbiz.de/10013066854
Unskilled workers are seen as having increasing difficulties in advanced economies, where a minimal set of skills is often required even at the low end of jobs distribution. We attempt to see if any structural change has occurred in Switzerland for young workers with only compulsory schooling...
Persistent link: https://www.econbiz.de/10013068978