Daniel Kahneman: The founder of behavioural economics
Daniel Kahneman, an important psychologist of the 20th century, combined psychology and economics. His findings challenged traditional economic theory and led to the emergence of behavioural economics.
An NZZ article in German looks back on Kahneman's...
Financial Education in Germany: Interview with Carmela Aprea
Last year, Germany launched a nationwide strategy to improve the financial literacy of the population.
We wanted to find out more from financial education expert Carmela Aprea about the aims and approach of Germany's financial education strategy and asked...
The latest edition of the Economic trends publication, which is based on the SECO publication ‘Konjunkturtendenzen’/‘Tendances conjoncturelles’, is now available. The topics are the current economic situation and the outlook for Switzerland in 2024 and...
Henrietta “Hetty” Green, famously known as the “Witch of Wall Street,” left an enduring mark on financial history. Upon her passing in July 1916, she was celebrated as the world's wealthiest woman, gathering a fortune equivalent to billions in today's...
Although financial literacy in Switzerland is higher compared to other countries, it also faces challenges. While many institutions and firms offer financial literacy programs, the lack of a national strategy to coordinate these programs currently stands...
Over the past decades, public debt has increased worldwide. Ricardo Reis, professor of economics at the London School of Economics, explains the reasons for this development and gives a prediction for the future course in a video. In this article we...
On IMF's “Women in Economics” podcast series, renowned Harvard economist and pioneer in the field of gender economics, Claudia Goldin, recently discussed key findings from her longstanding research on the gender pay gap.
After 25 years of low inflation, it has surprisingly risen sharply in the last 2 years. How did this happen? How should we assess the measures taken by the central banks? Ernst Baltensberger, Professor Emeritus of Macroeconomics at the University of Bern,...
Financial literacy can be effectively improved through financial education. A new study shows that basic financial education is even more effective if common behavioral biases related to financial literacy are addressed.