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Regime Transitions, Spillovers and Buffer Stocks - Analysing the Swiss Economy by Means of a Disequilibrium Model (Paperback, Softcover reprint of the original 1st ed. 1991)
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Regime Transitions, Spillovers and Buffer Stocks - Analysing the Swiss Economy by Means of a Disequilibrium Model (Paperback, Softcover reprint of the original 1st ed. 1991)
Series: Lecture Notes in Economics and Mathematical Systems, 360
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The macro disequilibrium model for Switzerland presented in this
study grew out of a research project which was generously financed
by Swiss Natio- nal Science Foundation. I am indebted to Prof. Hans
Wtirgler and Prof. Heidi Schelbert for encouraging and supporting
this work in many ways. The present book is the revised version of
a paper that was accepted as a "Habilitations- schrift" by the
University of ZUrich. Part of the research leading to this book was
done during a stay at Princeton University, where I benefited from
a stimulating environment, the gratuitous use of facilities and the
helpful advise of Richard E. Quandt. Earlier disequilibrium studies
for Switzerland were discussed in various seminars (Princeton,
Universite de Montreal, C.O.R.E., 1988 Conference on European
Unemployment in Chelwood Gate, 2nd Conference on Disequilibrium
Econometrics at INSEE, 1989 European Spring Meeting on
Macroeconomics in Paris) and published in the 'European Economic
Review' and 'Recherches Eco- nomiques de Louvain'. Numerous people
- including A.S. Blinder, L. Salvas- Bronsard, J.H. Dreze, S.M.
Goldfeld, C. Gourieroux, P. Kooiman, J.P. Lambert, G. Laroque, H.S.
Rosen, H.R. Sneessens" J. Waelbroeck and anonymous referees of the
two journals - provided constructive comments on these earlier
papers. Their suggestions - as well as the critical remarks by a
referee of Springer 'Lecture Notes' - are partly reflected in the
present book.
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