To: The future German chancellor From: Economists For Ukraine. Dear Chancellor, Congratulations on taking the helm of the Federal Republic of Germany! You are in a perfect storm, and Germany mus...

The 2015 Swiss franc appreciation provided researchers with a unique empirical setting for understanding how large exchange rate movements shape economic outcomes. This column discusses key findings about the response of firms and consumers. The relatively muted pass-through observed in Switzerland reveals that a stronger currency does not fully translate into proportionate reductions in consumer prices, either at short or medium horizons. Household heterogeneity is also a key theme – low-income households which are more price-sensitive can benefit disproportionately from cheaper foreign goods, while households near the border can further benefit by shopping abroad.

Вивчає українську, є професором фінансового обліку у Швейцарії, а у вільний час робить неймовірні спортивні фотографії. Знайомтесь, це Ульф Шиллер.

While continued support is vital for Ukraine to prevail in its war with Russia, it currently looks at risk. Further US support is held up in Congress, while the EU is struggling to approve a financial...