Mobility and sales activity during the Corona crisis: daily indicators for Switzerland [0.03%]
冠状危机期间的流动性和销售活动：瑞士的日指标
Florian Eckert,Heiner Mikosch
Florian Eckert
This paper documents daily compound indicators on physical mobility and sales activity in Switzerland during the Corona crisis. We report several insights from these indicators: The Swiss population substantially reduced its activities alre...
Blacking out [0.03%]
昏倒
Yvan Lengwiler
Yvan Lengwiler
The partial shutdown of the economy following the outbreak of the COVID-19 pandemic has highlighted the lack of measurements of economic activity that are available with a short lag and at high frequency. The consumption of electricity turn...
Marc Burri,Daniel Kaufmann
Marc Burri
Because macroeconomic data is published with a substantial delay, assessing the health of the economy during the rapidly evolving COVID-19 crisis is challenging. We develop a fever curve for the Swiss economy using publicly available daily ...
Yvan Lengwiler,Albana Saljihaj
Yvan Lengwiler
The U.S. Tax Program for Swiss banks is a very significant part of the recent history of the Swiss financial industry. It has accelerated the transformation of the Swiss banking industry from a system that relied on bank secrecy to a much m...
Unbiased weighted variance and skewness estimators for overlapping returns [0.03%]
用于重叠收益的无偏加权方差和偏度估计量
Stephen Taylor,Ming Fang
Stephen Taylor
This article develops unbiased weighted variance and skewness estimators for overlapping return distributions. These estimators extend the variance estimation methods constructed in Bod et. al. (Applied Financial Economics 12:155-158, 2002)...
Georg Junge,Peter Kugler
Georg Junge
Ten years after the worst financial crisis of the post-war period, Switzerland has established a Too-Big-To-Fail (TBTF) framework. Under this framework, the two large Swiss banks are subject to substantial capital requirements. It is not ob...
The economics of secession: a review of legal, theoretical, and empirical aspects [0.03%]
分裂的经济学：法律、理论和经验方面的评论
Thierry Madiès,Grégoire Rota-Grasiozi,Jean-Pierre Tranchant et al.
Thierry Madiès et al.
The aim of this paper is to present a review of the legal, theoretical, and empirical aspects of secessions from an economic perspective. This survey provides interesting insights into recent events such as the Brexit and the threat of sece...
Stefan Gerlach,Peter Kugler
Stefan Gerlach
This paper studies money demand in Switzerland under free banking before the establishment of the Swiss National Bank. We find that, in addition to income, the banks' balance-sheet-to-GDP ratio and the number of banks were important determi...
Reto Föllmi,Angela Fuest,Philipp An de Meulen et al.
Reto Föllmi et al.
This paper analyzes the connection between openness and economic performance in Switzerland. Considering different dimensions of openness, we show that the Swiss economy is classified as relatively open. Nevertheless, there still is potenti...
Childcare and maternal part-time employment: a natural experiment using Swiss cantons [0.03%]
托儿与母亲的兼职工作：利用瑞士州份进行自然实验研究
Laura Ravazzini
Laura Ravazzini
Fuelled by federal stimuli of 440 million Swiss francs, the staggered expansion of childcare in many cantons allows the evaluation of this family policy on female labour supply. With new cantonal data, this study analyses both the decision ...