<?xml version="1.0" encoding="utf-8"?>
<export-example>
  <doc>
    <id>1295</id>
    <completedYear>2023</completedYear>
    <publishedYear/>
    <thesisYearAccepted/>
    <language>eng</language>
    <pageFirst/>
    <pageLast/>
    <pageNumber>10</pageNumber>
    <edition/>
    <issue/>
    <volume/>
    <type>workingpaper</type>
    <publisherName/>
    <publisherPlace/>
    <creatingCorporation/>
    <contributingCorporation/>
    <belongsToBibliography>0</belongsToBibliography>
    <completedDate>2023-05-15</completedDate>
    <publishedDate>--</publishedDate>
    <thesisDateAccepted>--</thesisDateAccepted>
    <title language="eng">Swiss National Bank: Is the recent loss a threat to monetary policy?</title>
    <abstract language="eng">The Swiss National Bank (SNB) announced to refrain from profit distribution in 2022 owing to the accumulation of a huge loss. We examine the key determinants of the SNB's loss and shed light on the implications to conduct monetary policy.</abstract>
    <abstract language="deu">Die Schweizerische Nationalbank (SNB) hat angekündigt, im Jahr 2022 auf eine Gewinnausschüttung zu verzichten, da ein zu hoher Verlust entstanden ist. Wir untersuchen die wichtigsten Determinanten für den Verlust der SNB und beleuchten die Auswirkungen auf die Geldpolitik.</abstract>
    <identifier type="urn">urn:nbn:de:kobv:521-opus4-12956</identifier>
    <identifier type="doi">10.11584/opus4-1295</identifier>
    <enrichment key="opus.source">publish</enrichment>
    <licence>Creative Commons - CC BY-NC-ND 3.0 - Namensnennung-Nicht kommerziell-Keine Bearbeitung</licence>
    <author>Georg Stadtmann</author>
    <author>Vanessa Kämpf</author>
    <author>Lilli Zimmermann</author>
    <series>
      <title>Discussion papers of the Faculty of Business Administration and Economics</title>
      <number>429</number>
    </series>
    <subject>
      <language>eng</language>
      <type>uncontrolled</type>
      <value>Swiss National Bank</value>
    </subject>
    <subject>
      <language>eng</language>
      <type>uncontrolled</type>
      <value>central bank</value>
    </subject>
    <subject>
      <language>eng</language>
      <type>uncontrolled</type>
      <value>monetary policy</value>
    </subject>
    <subject>
      <language>eng</language>
      <type>uncontrolled</type>
      <value>intervention</value>
    </subject>
    <subject>
      <language>deu</language>
      <type>uncontrolled</type>
      <value>Schweizerische Nationalbank</value>
    </subject>
    <subject>
      <language>deu</language>
      <type>uncontrolled</type>
      <value>Zentralbank</value>
    </subject>
    <subject>
      <language>deu</language>
      <type>uncontrolled</type>
      <value>Geldpolitik</value>
    </subject>
    <subject>
      <language>deu</language>
      <type>uncontrolled</type>
      <value>Interventionen</value>
    </subject>
    <collection role="institutes" number="">Wirtschaftswissenschaftliche Fakultät</collection>
    <thesisPublisher>Europa-Universität Viadrina Frankfurt</thesisPublisher>
    <file>https://opus4.kobv.de/opus4-euv/files/1295/429_Kaempf_Stadtmann_Zimmermann_OPUS.pdf</file>
  </doc>
</export-example>
