Template-type: ReDIF-Paper 1.0
Author-Name: Dr. Yannic Stucki
Author-Name-First: Yannic
Author-Name-Last: Stucki
Author-Person: pst874
Title: Measuring Swiss employment growth: a measurement-error approach
Abstract: The two main employment statistics from the Swiss Federal Statistical Office often show different dynamics on a quarter-by-quarter basis. Applying optimal signal-extraction techniques, this paper constructs a new measure of Swiss employment growth that provides a unified picture of historical employment dynamics. The new measure exhibits higher persistence and stronger co-movement with unemployment than when the underlying employment series are considered separately.
Length: 29 pages
Creation-Date: 2022
Contact-Email: forschung@snb.ch
File-URL: https://www.snb.ch/en/publications/research/working-papers/2022/working_paper_2022_11
File-Format: text/html
Number: 2022-11
Classification-JEL: E24, E32
Keywords: Employment, signal extraction, state-space model, dynamic-factor model, Switzerland
Handle: RePEc:snb:snbwpa:2022-11