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...

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Dettagli Bibliografici
Ente Autore: International Monetary Fund
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 1999.
Serie:IMF Staff Country Reports; Country Report ; No. 1999/030
Accesso online:Full text available on IMF
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500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
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520 3 |a 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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830 0 |a IMF Staff Country Reports; Country Report ;  |v No. 1999/030 
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