Gomez Gonzalez, Carlos; Dietl, Helmut; Berri, David; Nesseler, Cornel (2021). Can Consumers See A Difference? An Experiment with High-Skilled Soccer Players. UZH Business Working Paper Series 391, University of Zurich.
Combet, Benita; Oesch, Daniel (2020). The social origin gap in university completion among youth with comparable school abilities in Switzerland. TREE Working Paper Series 4, Bern.
Barz, Christiane; Laumer, Simon; Freyschmidt, Marcel; Martínez-Blanco, Jesús (2022). Discrete dynamic pricing and application of network revenue management for FlixBus. Journal of Revenue and Pricing Management:Epub ahead of print.
We aim to contribute to improving the management of pandemic crises. Our focus is on federal systems, as these are particularly powerful in dealing with environmental complexity. Through four waves of the pandemic, spanning a year and a half, we studied crisis management based on the case of the Swiss Federation. This research concentrates on three research questions: (1) How is the management of the Covid-19-Crisis organized in Switzerland? (2) How effective is this organization in coping with the dynamics of emergency? (3) What lessons can be learned for the design of a crisis management in the
future? We apply the Viable System Model (VSM) as a framework for our
study, elaborating a diagnosis and a design for the management of epidemic or pandemic crises. The VSM is a conceptual tool that is particularly strong for analysing federal systems. Hence, substantial insights have surfaced to orientate a future crisis management.
In this paper, we argue that the effect of monetary and fiscal policies on the exchange rate depends on the fiscal regime. A contractionary monetary (expansionary fiscal) shock can lead to a depreciation, rather than an appreciation, of the domestic currency if debt is not backed by future fiscal surpluses. We look at daily movements of the Brazilian real around policy announcements and find strong support for the existence of two regimes with opposite signs. The unconventional response of the exchange rate occurs when fiscal fundamentals are deteriorating and markets' concern about debt sustainability is rising. To rationalize these findings, we propose a model of sovereign default in which foreign investors are subject to higher haircuts and fiscal policy shifts between Ricardian and non-Ricardian regimes. In the latter, sovereign default risk drives the currency risk premium and affects how the exchange rate reacts to policy shocks.
Linz, Carsten; Müller-Stewens, Günter & Zimmermann, Alexander : Radical business model transformation : How Leading Organizations Have Successfully Adapted to Disruption. 2nd Edition. London : Kogan Page, 2020, - ISBN 9781789661965.
