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Postes du bilan de la BNS à fin mars 2017
Friday, April 28, 2017

 

Bilanzpositionen der SNB per Ende März 2017
Friday, April 28, 2017

 

Commentaires sur la politique monétaire et la politique de placement de la Banque nationale
Friday, April 28, 2017

Dans un contexte de faible inflation et de sous-utilisation des capacités de production en Suisse, la politique monétaire menée par la Banque nationale suisse (BNS) demeure expansionniste. L'évolution de l'économie mondiale est globalement...

Le cadre institutionnel de la BNS est-il encore en adéquation avec notre époque?
Friday, April 28, 2017

Depuis un certain temps, les banques centrales, et donc aussi la BNS, focalisent l'attention du public. Cet intérêt s'expliquerait en grande partie par l'utilisation d'instruments non conventionnels auxquels les banques centrales ont dû avoir...

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28 April Guest workers in the underground economy

Guest-worker programs have been providing rapidly growing economies with millions of temporary foreign workers over the last couple of decades. With the duration of stay strictly limited by program rules in most of the host countries and wages paid to guest workers often set at sub-market levels, many of the migrants choose to overstay and seek employment in the underground economy. This paper...

Full text
(2014) - English

Institution
Graduate Institute of International and Development Studies

28 April The Principle of Common Concern and Climate Change

The international community has made a substantial effort to create awareness and foster research as well as developing inventories and methodologies to combat global warming. It has come a long way. The review and assessment of the most recent scientific, technical and socioeconomic information by the Intergovernmental Panel on Climate Change (IPCC) amounts to one of the most comprehensive...

Full text
(2014) - English

Institution
University of Zürich - Faculty of Economics, Business Administration and IT

28 April A surplus of ambition: can Europe rely on large primary surpluses to solve its debt problem?

IMF forecasts and the EU's Fiscal Compact foresee Europe's heavily indebted countries running primary budget surpluses of as much as 5 percent of GDP for as long as 10 years in order to maintain debt sustainability and bring their debt/GDP ratios down to the Compact's 60 percent target. We show that primary surpluses this large and persistent are rare. In an extensive sample of high- and...

Full text
(2014) - English

Institution
Graduate Institute of International and Development Studies

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