News
Swiss Economics advises Commission for Aviation Regulation on the efficient level of capital costs for Dublin Airport
Our report reflects that financial markets are currently undergoing exceptional times. Real government bond yields have fallen to a historically low level in the past couple of years, suggesting that the real expected return from risk-free assets is currently negative. Traditional approaches to estimating the cost of capital may fail to adequately capture the peculiarities of this new market environment. Hence, we assessed whether the ECB’s recent halt of quantitative easing is likely to have a significant effect on the market and analysed whether financial markets expect bond yields to rise again in the near future. Also, we considered evidence that expectations on equity returns may be more stable over time than underlying risk premia, indicating a so-called Total Market Return approach may be preferred over the traditional Equity Risk Premium approach to estimate the cost of equity.
The full report can be downloaded from the Commission for Aviation Regulation’s website.
We have moved!
Right next to the tram station Ottikerstrasse we have found freshly renovated and bright office premises with more space.
Our new address:
Swiss Economics
Ottikerstrasse 7
CH-8006 Zurich
We welcome our new team member Dr. Eva Zuberbühler. Eva has a strong background in industrial economics an will strengthen our competences in regulation and competition economics.
Eva Zuberbühler is Economist with a focus on regulation, competition economics, valuation as well as strategy and pricing. Before she received a PhD from the University of Bern she worked for several years in the corporate client's division at a bank.
Our website is now also available in French.
To better serve our French-speaking customers our website is now available in French.
For the time being, some parts of the website such as News and Projects remain in English and/or German.
We welcome our new team member Romain de Luze, focusing on Data Analysis and Financial Services.
Romain de Luze is an Economist with a focus on data analytics, financial services and the energy sector. He studied at HEC Lausanne as well as at the University of Bern. He worked for several years as a quantitative risk analyst at a leading reinsurance company in Zurich.
He holds a Bachelor's degree in Management and a Master's degree in Actuarial Sciences from HEC Lausanne and will soon complete a second Master's degree in Economics at the University of Bern.
Who's Who Legal Switzerland recognized Christian Jaag as Competition Economist of the Year for the third time in a row.
The Who’s Who Legal Awards are awarded each year to leading Swiss firms, specialist lawyers and experts in recognition of their outstanding performance and contribution to their respective industries.
Further information can be found here.
The German Economic Institute awarded Ann-Kathrin Crede for her outstanding PhD thesis in behavioral economics.
Ann-Kathrin Crede is awarded the Max-Weber-Preis. The German Economic Institute awarded her for her PhD thesis "Experimental evidence on behaviour in organizations and markets". The Institute honours young researchers for their contributions to business ethics and ethics of economics. Congratulations, Ann-Kathrin Crede!
Lukas Bruhin ist Fürspecher und verfügt über langjährige Erfahrung in der Regulierung von Netzindustrien sowie in der Steuerung und Führung zentraler und dezentraler Einheiten des Bundes.
Er ist Präsident des Institutsrats von Swissmedic und war zuletzt acht Jahre Generalsekretär des Eidgenössischen Departements des Innern (EDI). Zuvor arbeitete er unter anderem im Eidgenössischen Departement für Umwelt, Verkehr, Energie und Kommunikation (UVEK) als stellvertretender Generalsekretär sowie bei der Schweizerischen Post als Leiter Internationales und Regulierungsfragen und als persönlicher Mitarbeiter des Konzernleiters.
Der Verwaltungsrat von Swiss Economics entscheidet über die strategische und organisatorische Ausrichtung von Swiss Economics.
We have moved!
Right next to the tram station Ottikerstrasse we have found freshly renovated and bright office premises with more space.
Our new address:
Swiss Economics
Ottikerstrasse 7
CH-8006 Zurich
We welcome our new team member Dr. Eva Zuberbühler. Eva has a strong background in industrial economics an will strengthen our competences in regulation and competition economics.
Eva Zuberbühler is Economist with a focus on regulation, competition economics, valuation as well as strategy and pricing. Before she received a PhD from the University of Bern she worked for several years in the corporate client's division at a bank.
Our website is now also available in French.
To better serve our French-speaking customers our website is now available in French.
For the time being, some parts of the website such as News and Projects remain in English and/or German.
We welcome our new team member Romain de Luze, focusing on Data Analysis and Financial Services.
Romain de Luze is an Economist with a focus on data analytics, financial services and the energy sector. He studied at HEC Lausanne as well as at the University of Bern. He worked for several years as a quantitative risk analyst at a leading reinsurance company in Zurich.
He holds a Bachelor's degree in Management and a Master's degree in Actuarial Sciences from HEC Lausanne and will soon complete a second Master's degree in Economics at the University of Bern.
Who's Who Legal Switzerland recognized Christian Jaag as Competition Economist of the Year for the third time in a row.
The Who’s Who Legal Awards are awarded each year to leading Swiss firms, specialist lawyers and experts in recognition of their outstanding performance and contribution to their respective industries.
Further information can be found here.
The German Economic Institute awarded Ann-Kathrin Crede for her outstanding PhD thesis in behavioral economics.
Ann-Kathrin Crede is awarded the Max-Weber-Preis. The German Economic Institute awarded her for her PhD thesis "Experimental evidence on behaviour in organizations and markets". The Institute honours young researchers for their contributions to business ethics and ethics of economics. Congratulations, Ann-Kathrin Crede!
Lukas Bruhin ist Fürspecher und verfügt über langjährige Erfahrung in der Regulierung von Netzindustrien sowie in der Steuerung und Führung zentraler und dezentraler Einheiten des Bundes.
Er ist Präsident des Institutsrats von Swissmedic und war zuletzt acht Jahre Generalsekretär des Eidgenössischen Departements des Innern (EDI). Zuvor arbeitete er unter anderem im Eidgenössischen Departement für Umwelt, Verkehr, Energie und Kommunikation (UVEK) als stellvertretender Generalsekretär sowie bei der Schweizerischen Post als Leiter Internationales und Regulierungsfragen und als persönlicher Mitarbeiter des Konzernleiters.
Der Verwaltungsrat von Swiss Economics entscheidet über die strategische und organisatorische Ausrichtung von Swiss Economics.