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dc.contributor.author
Stettler, Christian
dc.date.accessioned
2018-01-03T11:06:07Z
dc.date.available
2018-01-03T10:32:48Z
dc.date.available
2018-01-03T11:06:07Z
dc.date.issued
2017-02-03
dc.identifier.issn
0303-9692
dc.identifier.issn
2235-6282
dc.identifier.uri
http://hdl.handle.net/20.500.11850/225121
dc.description.abstract
This paper analyses the effect of a change in the real exchange rate on the number of overnight stays in Swiss hotels. It uses unique three-dimensional panel data on the monthly number of overnight stays by the visitor’s country of origin in 141 Swiss communities during the ten-year period from January 2005 to December 2014. We find low exchange rate elasticities of 0.2 for cities, but much higher elasticities of 1.4 for touristic communities. On the source market side, we find large exchange rate elasticities for German, Dutch, and Belgian visitors, while travellers from France and Italy are less price sensitive.
en_US
dc.language.iso
en
en_US
dc.publisher
Swiss Society of Economics and Statistics
en_US
dc.subject
Real exchange rate
en_US
dc.subject
tourism
en_US
dc.subject
overnight stays
en_US
dc.subject
Swiss Franc
en_US
dc.subject
Switzerland
en_US
dc.title
How do Overnight Stays React to Exchange Rate Changes?
en_US
dc.type
Journal Article
ethz.journal.title
Swiss Journal of Economics and Statistics
ethz.journal.volume
153
en_US
ethz.journal.issue
2
en_US
ethz.journal.abbreviated
Schweiz. Z. Volkswirtsch. Stat.
ethz.pages.start
123
en_US
ethz.pages.end
165
en_US
ethz.code.jel
F1 - Trade::F14 - Empirical Studies of Trade
en_US
ethz.code.jel
Z3 - Tourism Economics::Z31 - Industry Studies
en_US
ethz.code.jel
E5 - Monetary Policy, Central Banking, and the Supply of Money and Credit::E52 - Monetary Policy
en_US
ethz.code.jel
F3 - International Finance::F31 - Foreign Exchange
en_US
ethz.publication.place
Zurich
en_US
ethz.publication.status
published
en_US
ethz.leitzahl
ETH Zürich::00002 - ETH Zürich::00012 - Lehre und Forschung::00007 - Departemente::02120 - Dep. Management, Technologie und Ökon. / Dep. of Management, Technology, and Ec.::02525 - KOF Konjunkturforschungsstelle / KOF Swiss Economic Institute::06332 - KOF FB Öffentliche Finanzen / KOF Public Economics
en_US
ethz.leitzahl
ETH Zürich::00002 - ETH Zürich::00012 - Lehre und Forschung::00007 - Departemente::02120 - Dep. Management, Technologie und Ökon. / Dep. of Management, Technology, and Ec.::02525 - KOF Konjunkturforschungsstelle / KOF Swiss Economic Institute
*
ethz.leitzahl
ETH Zürich::00002 - ETH Zürich::00012 - Lehre und Forschung::00007 - Departemente::02120 - Dep. Management, Technologie und Ökon. / Dep. of Management, Technology, and Ec.::03988 - Köthenbürger, Marko / Köthenbürger, Marko
ethz.leitzahl.certified
ETH Zürich::00002 - ETH Zürich::00012 - Lehre und Forschung::00007 - Departemente::02120 - Dep. Management, Technologie und Ökon. / Dep. of Management, Technology, and Ec.::02525 - KOF Konjunkturforschungsstelle / KOF Swiss Economic Institute::06332 - KOF FB Öffentliche Finanzen / KOF Public Economics
en_US
ethz.leitzahl.certified
ETH Zürich::00002 - ETH Zürich::00012 - Lehre und Forschung::00007 - Departemente::02120 - Dep. Management, Technologie und Ökon. / Dep. of Management, Technology, and Ec.::03988 - Köthenbürger, Marko / Köthenbürger, Marko
ethz.leitzahl.certified
ETH Zürich::00002 - ETH Zürich::00012 - Lehre und Forschung::00007 - Departemente::02120 - Dep. Management, Technologie und Ökon. / Dep. of Management, Technology, and Ec.::02525 - KOF Konjunkturforschungsstelle / KOF Swiss Economic Institute
*
ethz.identifier.url
http://www.sjes.ch/published_d.php?PaperNr=2017-II-3&Year=2017
ethz.date.deposited
2018-01-03T10:32:49Z
ethz.source
FORM
ethz.eth
yes
en_US
ethz.availability
Metadata only
en_US
ethz.rosetta.installDate
2018-01-03T11:06:09Z
ethz.rosetta.lastUpdated
2020-02-15T10:37:48Z
ethz.rosetta.versionExported
true
ethz.COinS
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