A neoclassical perspective on Switzerland’s 1990s stagnation
Abstract We study Switzerland’s weak growth during the 1990s through the lens of the business cycle accounting framework of Chari et al. (Econometrica 75(3):781–836, 2007). Our main result is that weak productivity growth cannot account for the 1993–1996 stagnation episode. Rather, the stagnation is...
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Formato: | article |
Lenguaje: | EN |
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SpringerOpen
2021
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Acceso en línea: | https://doaj.org/article/06317d131e124e699ad81c9c7b6cdab1 |
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