news 2018

Farmers in developing countries often rely heavily on their yearly harvest to feed their families. A bad crop can have severe consequences for their livelihood. Despite the significant advantages crop insurances would offer in alleviating this risk, only a small percentage of farmers insure their crops.

Swiss National Bank releases new 200-franc note. Fourth banknote in latest series showcases Switzerland's scientific expertise The Swiss National Bank (SNB) will begin issuing the new 200-franc note on 22 August 2018.

After a wage increase, people tend to be more satisfied with their jobs - and even more so when what they have gained exceeds the wage increases of their colleagues. Yet, this effect on job satisfaction is not persistent. Two economists from University of Basel reported these findings in a study recently published in the Journal of Economic Behavior & Organization.