IDEAS home Printed from https://ideas.repec.org/a/bpj/pewipo/v21y2020i3p290-300n3.html
   My bibliography  Save this article

Die wirtschaftspolitischen Maßnahmen der Schweiz zu Beginn der Covid-19-Pandemie

Author

Listed:
  • Eichenauer Vera

    (ETH Zürich, KOF Konjunkturforschungsstelle, Leonhardstrasse 21, CH-8092ZürichSwitzerland)

  • Sturm Jan-Egbert

    (ETH Zürich, KOF Konjunkturforschungsstelle, Leonhardstrasse 21, CH-8092ZürichSwitzerland)

Abstract

At the beginning of the Covid-19 pandemic, the Swiss economy was moving from an economic low into a gentle upswing phase with low unemployment and healthy public finances by international standards. Due to its geographic location, Switzerland and in particular its Italian- and French-speaking regions were affected early and severely by SARS-CoV-2 infections. During the (gentle) lockdown period, the preservation of structures had top priority. Jobs were maintained by short-time work and the liquidity of enterprises was upheld by easy and quick access to cheap and state-guaranteed credit. In contrast, little was done to prevent over-indebtedness of the economy and for firms to form expectations relevant for innovation and investment decisions. Companies received no significant support for bearing their cost of capital. The communication of government often lacked forward guidance.

Suggested Citation

  • Eichenauer Vera & Sturm Jan-Egbert, 2020. "Die wirtschaftspolitischen Maßnahmen der Schweiz zu Beginn der Covid-19-Pandemie," Perspektiven der Wirtschaftspolitik, De Gruyter, vol. 21(3), pages 290-300, September.
    • Handle: RePEc:bpj:pewipo:v:21:y:2020:i:3:p:290-300:n:3
    DOI: 10.1515/pwp-2020-0027
    as

    Download full text from publisher

    File URL: https://doi.org/10.1515/pwp-2020-0027
    Download Restriction: For access to full text, subscription to the journal or payment for the individual article is required.
    File URL: https://libkey.io/10.1515/pwp-2020-0027?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Sylvia Kaufmann, 2020. "COVID-19 outbreak and beyond: the information content of registered short-time workers for GDP now- and forecasting," Swiss Journal of Economics and Statistics, Springer;Swiss Society of Economics and Statistics, vol. 156(1), pages 1-12, December.
    2. Benedikt Zoller-Rydzek & Florian Keller, 0. "COVID-19: guaranteed Loans and Zombie Firms," CESifo Economic Studies, CESifo Group, vol. 66(4), pages 322-364.

    More about this item

    Keywords

    Corona; Schweiz; Wirtschaftspolitik;
    All these keywords.

    JEL classification:

    • E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General
    • E65 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Studies of Particular Policy Episodes
    • I18 - Health, Education, and Welfare - - Health - - - Government Policy; Regulation; Public Health

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bpj:pewipo:v:21:y:2020:i:3:p:290-300:n:3. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Peter Golla (email available below). General contact details of provider: https://www.degruyter.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.