Switzerland: Selected Issues and Statistical Appendix

International Monetary Fund

No 1998/043, IMF Staff Country Reports from International Monetary Fund

Abstract: This Selected Issues paper and Statistical Appendix evaluates Switzerland’s long-term growth and productivity performance. It analyzes the behavior of Swiss fiscal policy over the business cycle and takes a fresh look at the nature of the tradeoff between inflation and economic activity in Switzerland. The paper reports estimates of the automatic and discretionary responses of general government finances to cyclical output movements during 1970–96. It also examines the main options for improving the stabilization role of Switzerland’s fiscal policy over the business cycle.

Keywords: ISCR; CR; Switzerland; GDP; TFP growth; inflation cost; unanticipated inflation; rate of return; wage inflation; Inflation; Total factor productivity; Output gap; Global; Europe (search for similar items in EconPapers)
Pages: 108
Date: 1998-06-04
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Persistent link: https://EconPapers.repec.org/RePEc:imf:imfscr:1998/043

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