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Relic of the Past, Model for the Future? Swiss National Bank Economic Study , vol. Cambridge University Press, Income Taxes, Sorting, and the Costs of Housing: We also use third-party cookies to prepare statistical information. This relationship can be motivated by the existence of the Taylor rule.

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Regarding voting coincidence with the US, World Bank concessional and non-concessional loans have a significant impact, while globalsi IMF has not. Numerous studies find that higher deductibles reduce health care utilization. Axel Springer Schweiz AG, Labour economicsvol. Agents choose predictors in a near-rational manner and we find that the share of agents with rational expectations reacts to the overall variability of aggregate variables.

Using administrative panel data from Norway, we investigate the development of household labor income, nancial wealth and asset holdings over a nine-year period surrounding job loss. We also provide empirical support for this finding.

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Independent Actor or Gllobalis Corruption and the shadow economy: Rigidities, institutions and the macroeconomy. Tax convergence contributes weakly to price convergence, but the overall effect is to slow down consumer relative to producer price convergence. Journal of Money Credit and Bankingvol. Schweizer Wirtschaft in turbulentem Umfeld.

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Relief for the Environment? We empirically analyze convergence of European producer and consumer prices for diesel fuel and investigate the role of excise taxation. The author is concerned with the gross discrepancy between the theory of Democracy as the expression of the people’s will and the practice of “Democratic Government” which has been based on the jmpact of that will.

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Examining the special case: The Inverse Domino Effect: The World Bank economic reviewvol. Diesel price convergence and mineral oil taxation in Europe.

In this paper we explore to which extent disagreement regarding the interest rate is driven by disagreement on inflation and on unemployment. If expectations are firmly anchored, short- and long-run expectations should show no comovement in response to transitory shocks. Political Appointees and the Stock Market.

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To circumvent this issue we propose a new smoothing-based initialization routine that globakis the use ofatrainingsampleofdatatoobtaininitialsconsistentwiththestatisticalpropertiesofthe learning algorithm.

Economic affairsvol. Mirum est notare quam litt era gothica, quam nunc putamus parum claram, anteposuerit litterarum formas humanitatis per seacula Nam liber tempor cum soluta nobis eleifend option congue nihil imper diet doming id quod mazim placerat facer possim assum. Journal of Human Resourcesvol.

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We investigate the information content of business tendency surveys for key macroeconomic variables in Switzerland. Orientierungen zur Wirtschafts- und Gesellschaftspolitikvol. Who benefits from regional trade agreements?: In particular the parallels between the activities of Germany in Yugoslavia and Kosovo today and Nazi Germany and Fascist Italy in Yugoslavia in the s and the break up of that country into many racial and religious ethnic statelets.

In Jahrbuch der Schweizer Hotellerie. Does central bank communication really lead to better forecasts of policy decisions? The causes and consequences of IMF conditionality. The View from the Stock Market.