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...

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...

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...

We examine the determinants of overeducation in Switzerland - an economy generally characterised by excess qualified labor demand. We define those who are overeducated more precisely, and include in our sample only those who work in occupations relating to their educational background. Failing...

This paper proposes a methodology that combines the use of Schwarz's BIC in subset autoregression and subset transfer function identification along with the posterior odds ratio test developed by Poskitt & Tremayne (1987) in the context of testing for Granger-causality and cointegration tests....

This paper examines the macroeconomic effects of an oil price shock in a small open industrial economy without oil resources, namely, Switzerland. First, we test whether oil price shocks Granger-cause Swiss macroeconomic variables, and use a medium-scale macroeconometric model to track the...

In their introduction to the special issue of the Review of Economic Dynamics on "Great Depressions of the 20th Century" (Vol. 5, 2002), Timothy J. Kehoe and Edward C. Prescott argue that in the last few years "great depressions" have hit two rich countries: New Zealand and Switzerland. We...