Where do Swiss economists stand on key economic policy issues?

The aim of the survey "Where do Swiss economists stand on key economic policy issues?" is to capture the views of Swiss economists on key fundamental and current economic issues. The survey was conducted in collaboration with the Neue Zürcher Zeitung in December 2024. KOF contacted 854 economists for the survey. We received responses from 177 economists from 17 institutions.

The economist survey from December 2024 contained 19 statements from various economic subject areas and questions on age, gender and political orientation. The results of the survey were also analyzed using analysis of variance (ANOVA) to determine significant effects of the characteristics on the answers. Download The results can be found here. (PDF, 317 KB)

Results

Market regulation and competition

1. Guaranteed property rights and free competition are central to increasing a country's material well-being.

2. A binding minimum wage increases unemployment among young and unskilled workers.

3. Rent control reduces the quantity or quality of housing supply.

4. Tariffs and import quotas reduce the material well-being in a country.

Economic and environmental policy

5. The level of public debt is too high in many advanced economies.

6. Without publicly funded basic research, there is too little innovation and growth.

7. Taxing emissions is a better method to tackle pollution than setting limits.

8. Climate-neutral growth will be possible with new technologies.

Monetary policy

9. Inflation is first and foremost a monetary phenomenon.

10. In the short term, unemployment can be reduced by increasing the inflation rate.

11. Wage and/or price controls should be used as a tool to fight inflation.

12. Central banks should consider climate goals alongside price stability.

Questions on statements specifically related to Switzerland

13. A revision of the Too-Big-To-Fail regulation, which would allow a large Swiss bank to be resolved in the event of a crisis without risk to the taxpayer, is in principle possible.

14. The current capital requirements for large banks in Switzerland are too low.

15. Disposable income in Switzerland should be distributed more evenly.

16. Wealth in Switzerland should be distributed more evenly.

17. The Swiss debt brake should be relaxed.

18. The government expenditure share of GDP in Switzerland is too high.

19. The transition to green technologies in Switzerland should be accelerated through industrial subsidies.

Age

Gender

Political orientation

Links and Downloads

Download More results, including ANOVA results, can be found here. (PDF, 317 KB)

Some of the questions are updated formulations of an international survey conducted in 1980 by Bruno S. Frey, Werner W. Pommerehne, Friedrich Schneider, and Guy Gilbert (external page link to the paper).

The press release can be found here.

external page The article in the NZZ (in German)

About this survey

KOF is acting as a mediator between academic researchers and the public. It aims to make the voices of research economists heard. KOF categorises economic researchers as those from Swiss research institutions who have published scientifically.

The survey was conducted together with the external page Neuen Zürcher Zeitung.

Contact

Dr. Klaus Abberger
  • LEE G 121
  • +41 44 632 51 56

KOF Konjunkturforschungsstelle
Leonhardstrasse 21
8092 Zürich
Switzerland

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