Posts

Showing posts with the label Shock Decomposition

Stabilizing the Export Controller: Switzerland (1950-2000+)

Image
  In an earlier post, Steady State Economy for Switzerland ,  You can run both positive and negqtive shocks to the  CH_LM  (Late Modern) model   on my Google Site. Notes The best forecast (using the  Akaike Information Criterion ) is the  CH_LM  (Late Modern) model driven by Western Europe (the dashed red line in the graphic above, state-space model presented below). Notes Wikipedia Links Economy of Switzerland   a  highly developed   free-market economy . The Swiss economy has ranked first in the world since 2015 on the  Global Innovation Index  and third in the 2020  Global Competitiveness Report .  According to  United Nations  data for 2016, it is the third richest  landlocked country  in the world after  Liechtenstein  and  Luxembourg . Politics of Switzerland   a  federal state  with  representative democracy . History of Switzerland   t he  ...