Switzerland: Selected Issues and Statistical Appendix
Electronic Access:
Free Download. 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. 1999/030
Subject:
Income and capital gains taxes Income tax systems Inflation Personal income tax Prices Revenue administration Taxes
English
Publication Date:
May 5, 1999
ISBN/ISSN:
9781451807165/1934-7685
Stock No:
1CHEEA0011999
Pages:
88
Please address any questions about this title to publications@imf.org