Switzerland : Selected Issues and Statistical Appendix

Author/Editor:

International Monetary Fund

Publication Date:

May 5, 1999

Electronic Access:

Free Full Text (PDF file size is 4367 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

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.

Series:

Country Report No. 99/30

Subject:

English

Publication Date:

May 5, 1999

ISBN/ISSN:

9781451807165/1934-7685

Stock No:

1CHEEA0011999

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

88

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