Switzerland : Selected Issues and Statistical Appendix.

This Selected Issues paper and Statistical Appendix compares two alternative time series approaches to analyzing Switzerland's recent business cycle experience: first, the traditional 'smooth-trend-plus-cycle approach,' which envisages observed output growth as fluctuating around a re...

Szczegółowa specyfikacja

Opis bibliograficzny
Korporacja: International Monetary Fund
Format: Czasopismo
Język:English
Wydane: Washington, D.C. : International Monetary Fund, 1999.
Seria:IMF Staff Country Reports; Country Report ; No. 1999/030
Dostęp online:Full text available on IMF
Opis
Streszczenie:This Selected Issues paper and Statistical Appendix compares two alternative time series approaches to analyzing Switzerland's recent business cycle experience: first, the traditional 'smooth-trend-plus-cycle approach,' which envisages observed output growth as fluctuating around a relatively smooth potential output growth path; and, second, the more recently developed 'regime change approach,' which views business cycles as shifts between 'high-growth' states (expansions) and 'slow-growth' states (recessions) of the economy. The paper also examines Switzerland's monetary policy framework, and describes the challenges to the Swiss tax system.
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Opis fizyczny:1 online resource (88 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Ograniczenie dostępu:Electronic access restricted to authorized BRAC University faculty, staff and students