Scale effects on efficiency and profitability in the Swiss banking sector [0.03%]
瑞士银行业的规模效应与效率及盈利能力之间的关系
Marc Blatter,Andreas Fuster
Marc Blatter
This paper analyzes efficiency and profitability in the Swiss banking sector over the period 1997-2019. We find strong evidence for scale economies: for most banks in the sample, efficiency and profitability increase with bank size. Using a...
Do investments in human and physical capital respond differently to financing constraints? [0.03%]
人力资本和物理资本投资对融资约束的反应有所不同吗？
Giorgio Brunello,Áron Gereben,Désirée Rückert et al.
Giorgio Brunello et al.
Using a representative sample of European firms, we study whether financing constraints affect employers' investments in employee training and physical capital differently. We measure financing constraints with an index that combines survey...
Firm bankruptcies and start-up activity in Switzerland during the COVID-19 crisis [0.03%]
新冠肺炎危机下的瑞士企业破产与初创活动
Florian Eckert,Heiner Mikosch
Florian Eckert
This paper examines the incidence of firm bankruptcies and start-ups in Switzerland based on unique register data. We propose to assess the frequency of bankruptcies over time using the concept of excess mortality. During the COVID-19 crisi...
Regina Pleninger,Sina Streicher,Jan-Egbert Sturm
Regina Pleninger
We study the interplay of non-pharmaceutical containment measures, human behavior, and the spread of COVID-19 in Switzerland. First, we collect sub-national data and construct indices that capture the stringency of containment measures at t...
COVID-19 and (gender) inequality in income: the impact of discretionary policy measures in Austria [0.03%]
新冠疫情与（性别）收入不平等：奥地利选择性政策措施的影响
Michael Christl,Silvia De Poli,Dénes Kucsera et al.
Michael Christl et al.
This paper analyzes the impact of the COVID-19 crisis on household income in Austria, using detailed administrative labor market data, in combination with micro-simulation techniques that enable specific labor market transitions to be model...
Pragyan Deb,Davide Furceri,Daniel Jimenez et al.
Pragyan Deb et al.
This paper empirically examines the economic effects of COVID-19 vaccine rollouts using a cross-country daily database of vaccinations and high-frequency indicators of economic activity-nitrogen dioxide (NO2) emissions, carbon monoxide (CO)...
"Too shocked to search" The COVID-19 shutdowns' impact on the search for apprenticeships [0.03%]
"因震惊而暂停搜索" COVID-19停摆对学徒职位搜索的影响
Daniel Goller,Stefan C Wolter
Daniel Goller
Even though the recession in Switzerland triggered by COVID-19 ultimately remained without consequences for the apprenticeship market, significantly fewer apprenticeship contracts had been signed in the months of the first shutdown in 2020 ...
Saving lives during the COVID-19 pandemic: the benefits of the first Swiss lockdown [0.03%]
新冠疫情下挽救生命：首次瑞士封城的益处
Nicolò Gatti,Beatrice Retali
Nicolò Gatti
The implementation of a lockdown to control the spread of the COVID-19 pandemic has led to a strong economic and political debate in several countries. This makes it crucial to shed light on the actual benefits of such kind of policy. To th...
Lucas Marc Fuhrer,Marc-Antoine Ramelet,Jörn Tenhofen
Lucas Marc Fuhrer
This paper analyses the determinants of firm participation in the Swiss COVID-19 loan programme, which aims to bridge firms' liquidity shortfalls that have resulted from the pandemic. State-guaranteed COVID-19 loans are widely used by Swiss...
Sébastien Kraenzlin,Christoph Meyer,Thomas Nellen
Sébastien Kraenzlin
This paper analyzes card payments to the retail sector in Switzerland during the COVID-19 crisis. We provide evidence on aggregate effects and regional shifts. Pronounced shifts-which persisted post-lockdown-can be observed from urban to su...