Der bilaterale Weg eine konomische Bestandsaufnahme (The Bilateral Path An Economic Stocktaking)

Exchange rate uncertainty and firm investment plans evidence from Swiss survey data

“…6 In this paper we try to tackle both issues to obtain full identification of uncertainty. First, we 2 Baker et al (2013), Iselin and Siliverstovs (2013), Abberger et al (2014b), Abberger et al (2015) 3 Bomberger (1996), Boero et al (2008), 4 Pattillo (1998), Guiso and Parigi (1999), Temple et al (2001), Driver et al (2004), , Bianco et al (2013) 5 Bekaert et al (2010), Stein and Stone (2013) 6 Investment is affected by first moment changes in prices. Changes in the first moment can be systematically related to changes in the second moment.…”

How Middle-Skilled Workers Adjust to Immigration: The Role of Occupational Skill Specificity

“…2 Second, the cantonal authority 3 would only issue a work permit for a foreign worker if the job either met or was above the minimum salary and working conditions for the industry (SECO, 2014). Although these restrictions were aimed at protecting Swiss workers from competition, they also generated substantial administrative costs for hiring firms, along with legal barriers to the recruitment of foreign workers (Abberger et al, 2015).…”

The Effect of Policy Uncertainty on Investment Plans: Evidence from the Unexpected Acceptance of a Far-Reaching Referendum in Switzerland

“…It has enabled firms to address labour shortages in the resident workforce by attracting foreign workers(Siegenthaler et al, 2014). This led to a substantial immigration wave that fuelled demand for local products and services and allowed firms to grow to an extent that would not have been possible without the treaty(Ruffner and Siegenthaler, 2015) Abberger et al (2015). provide a thorough assessment of the importance of these agreements for the Swiss economy.…”