Ulrich Kohli
University of Geneva and Swiss National Bank

Publications

i) Books

[1] Technology, Duality, and Foreign Trade: The GNP Function Approach to Modeling Imports and Exports (London: Harvester Wheatsheaf and Ann Arbor, MI: University of Michigan Press) 1991.

[2] Analyse macroéconomique (Paris et Bruxelles: De Boeck Université) 1999.

ii) Articles in professional journals

[1] "A Gross National Product Function and the Derived Demand for Imports and Supply of Exports", Canadian Journal of Economics 11 (1978) 167-182.

[2] "Canada-United States Trade: Tests for the Small-Open-Economy Hypothesis", Canadian Journal of Economics 12 (1979) 1-14 (with Elie Appelbaum).

[3] "Niveau de l’emploi et exportation du chômage", Wirtschaft und Recht 31 (1979) 315-321.

[4] "Monnaie surévaluée et maintien du plein emploi", Revue suisse d'économie politique et de statistique 115 (1979) 659-676.

[5] "Simultaneous Technologies and Demand and Supply Conditions in International Trade", Empirical Economics 4 (1979) 235-246.

[6] "Nonjointness and Factor Intensity in U.S. Production", International Economic Review 22 (1981) 3-18.

[7] "Permanent Income in the Consumption and the Demand for Money Functions", Journal of Monetary Economics 7 (1981) 227-238.

[8] "Valeur ajoutée et progrès technique en Suisse, 1948-1976", Revue suisse d'économie politique et de statistique 117 (1981) 659-676.

[9] "Import Requirements of Canadian Final Output Components", Empirical Economics 6 (1981) 215-227.

[10] "Production Theory, Technological Change, and the Demand for Imports: Switzerland, 1948-1976", European Economic Review 18 (1982) 369-386.

[11] "Relative Price Effects and the Demand for Imports", Canadian Journal of Economics 15 (1982) 205-219.

[12] "Are Government Deficits the Prime Cause of Inflation?", Journal of Policy Modeling 4 (1982) 279-309 (with Warwick J. McKibbin).

[13] "Beginning- and End-of-Period Specifications of Asset Demand Functions in Balance-of-Payments Theory", Australian Economic Papers 21 (1982) 332-344.

[14] "Nonjoint Technologies", Review of Economic Studies 50 (1983) 209-219.

[15] "The Le Châtelier Principle and the Demand for Imports in the Short Run and the Medium Run: Australia, 1959/60 - 1978/79", Economic Record 59 (1983) 149-165.

[16] "Technology and the Demand for Imports", Southern Economic Journal 50 (1983) 137-150.

[17] "Production in the Heckscher-Ohlin-Samuelson Model of International Trade Theory: A Simple Mathematical Treatment", Journal of Economic Studies 10 (1983) 42-49.

[18] "Permanent Prices, Expected Price Changes, and the Demand for Money", Empirical Economics 9 (1984) 233-246.

[19] "Terms of Trade and Welfare: Estimates", Kyklos 37 (1984) 577-597.

[20] "La demande de monnaie en Suisse", Bulletin trimestriel de la Banque nationale suisse 2 (1984) 64-70.

[21] "Technology and Public Goods", Journal of Public Economics 26 (1985) 379-400.

[22] "La demande de monnaie en Suisse: Aspects divers", Bulletin trimestriel de la Banque nationale suisse 3 (1985) 150-164.

[23] "U.S. Imports by Origin: A System Approach", Welwirtschaftliches Archiv 121 (1985) 741-755.

[24] "Inverse Demand and Anti-Giffen Goods", European Economic Review 27 (1985) 397-404.

[25] "Monetary Control: The Swiss Experience", Cato Journal 5 (1986) 911-926 (with Georg Rich).

[26] "Robert Giffen and the Irish Potato: Note", American Economic Review 76 (1986) 539-542. Reprinted in Mark Blaug (ed.) Alfred Marshall (1842-1924) and Francis Edgeworth (1845-1926). Pioneers in Economic Series, vol. 29 (Aldershot: Elgar) 1992.

[27] "Direct Index Numbers and Demand Theory", Australian Economic Papers 25 (1986) 17-32.

[28] "Australian Business Investment: A New Look at the Neoclassical Approach", Economic Record 62 (1986) 451-467 (with Christopher J. Ryan).

[29] "The U.S. Demand for Foreign Crude Oil by Region of Origin: A Translog Approach", Journal of Energy and Development 12 (1986) 115-133 (with Edward R. Morey).

[30] "A Simple Structural Model of the Swiss Franc - U.S. Dollar Exchange Rate", Applied Economics 19 (1987) 381-392.

[31] "Exogenous Money, Monetary (Dis)equilibrium, and Expectational Lags", Kredit und Kapital 20 (1987) 179-199.

[32] "Investment and Interest Rates: An Econometric Dissection", Journal of Macroeconomics 9 (1987) 373-389 (with Christopher J. Ryan).

[33] "U.S. Imports by Origin: A Characteristics Approach", Kyklos 41 (1988) 51-74 (with Edward R. Morey).

[34] "Swiss Monetary Policy in a Nutshell", Financial Markets and Portfolio Management 2 (1988) 33-40.

[35] "A Note on Banknote Characteristics and the Demand for Currency by Denomination", Journal of Banking and Finance 12 (1988) 389-399.

[36] "Consistent Estimation when the Left-Hand Variable is Exogenous over Part of the Sample Period", Journal of Applied Econometrics 4 (1989) 283-293.

[37] "Price and Quantity Elasticities in U.S. Foreign Trade", Economics Letters 33 (1990) 277-281.

[38] "Oil Characteristics and the U.S. Demand for Foreign Crude by Region of Origin", Atlantic Economic Journal 18 (1990) 55-67 (with Edward R. Morey).

[39] "Growth Accounting in the Open Economy: Parametric and Nonparametric Estimates", Journal of Economic and Social Measurement 16 (1990) 125-136.

[40] "Production, Foreign Trade, and Global Curvature Conditions: Switzerland, 1948-1988", Swiss Journal of Economics and Statistics 128 (1992) 3-20.

[41] "U.S. Technology and the Specific-Factors Model", Journal of International Economics 34 (1993) 115-136.

[42] "A Symmetric Normalized Quadratic GNP Function and the U.S. Demand for Imports and Supply of Exports", International Economic Review 34 (1993) 243-255.

[43] "International Labor Mobility and the Demand for Imports", Swiss Journal of Economics and Statistics 129 (1993) 547-561.

[44] "GNP Growth Accounting in the Open Economy: Parametric and Nonparametric Estimates for Switzerland", Swiss Journal of Economics and Statistics 129 (1993) 601-615.

[45] "Technological Biases in U.S. Aggregate Production", Journal of Productivity Analysis 5 (1994) 5-22.

[46] "Canadian Imports and Exports by Origin and Destination: A Semiflexible Approach", Canadian Journal of Economics 27 (1994) 580-603.

[47] "Stolper-Samuelson-Like and Rybczynski-Like Results in 2×2 Production Models", Journal of International Trade & Economic Development 4 (1995) 63-79.

[48] "The Short-Run and Long-Run Factor-Market Consequences of Immigration to the United States", Journal of Regional Science 36 (1996) 43-66 (with Michael J. Greenwood and Gary L. Hunt).

[49] "The Factor-Market Consequences of Unskilled Immigration to the United States", Labour Economics 4 (1997) 1-28 (with Michael J. Greenwood and Gary L. Hunt), reprinted in Greenway, David and Douglas R. Nelson (eds.) Globalization and Labour Markets, Vol. 2 (Cheltenham, U.K. and Northhampton, MA: Elgar) 2001.

[50] "Accounting for Recent Economic Growth in South East-Asia", Review of Development Economics 1 (1997) 245-256.

[51] "Import Price Uncertainty and the Distribution of Income", Review of Economics and Statistics 79 (1997) 620-630 (with Elie Appelbaum).

[52] "GDP Growth, Terms-of-Trade Effects, and Total Factor Productivity", Journal of International Trade & Economic Development 7 (1998) 87-110 (with Kevin Fox).

[53] "The Geographical Composition of Swiss Foreign Trade: A Semiflexible Approach", Swiss Journal of Economics and Statistics 134 (1998) 41-62.

[54] "Semiflexibility vs. Flexibility: U.S. Imports and Exports by Commodity Group", International Review of Economics and Finance 7 (1998) 1-21.

[55] "Accounting for South-Korean GDP Growth: Index-Number and Econometric Estimates", Pacific Economic Review 3 (1998) 133-152 (with Augustin Werner).

[56] "Import-Price Uncertainty, Production Decisions, and Relative Factor Shares", Review of International Economics 6 (1998) 345-360 (with Elie Appelbaum).

[57] "Sanyal and Jones on Trade in Middle Products", Journal of International Trade & Economic Development 10 (2001) 39-63.

[58] "Migration and Foreign Trade: Further Results", Journal of Population Economics 15 (2002) 381-387.

[59] "Variations des termes de l'échange et PIB réel", Bulletin trimestriel de la Banque nationale suisse (2002) 55-63. German translation: "Veränderung der Terms of Trade und reales BIP", Quartalsheft der Schweizerische Nationalbank (2002) 55-63.

[60] "Accounting for Growth and Output Gaps: Evidence from New Zealand", Economic Record 78 (2002) 312-326 (with Kevin J. Fox and Ronald S. Warren, Jr.).

[61] "Exact Unemployment Rate Indices", Contemporary Economic Policy 21 (2003) 218-226 (with Michael J. Greenwood).

[62] "GDP Growth Accounting: A National Income Function Approach", Review of Income and Wealth 49 (2003) 23-34.

[63] "Terms of Trade, Real GDP, and Real Value Added: A New Look at New Zealand's Growth Performance", New Zealand Economic Papers 37 (2003) 41-66.

[64] "Sources of Growth and Output Gaps in New Zealand: New Methods and Evidence", New Zealand Economic Papers 37 (2003) 67-92 (with Kevin J. Fox and Ronald S. Warren, Jr.).

[65] "Growth Accounting in the Open Economy: International Comparisons", International Review of Economics and Finance 12 (2003) 417-435.

[66] "Real GDP, Real Domestic Income, and Terms-of-Trade Changes", Journal of International Economics 62 (2004) 83-106.

[67] "An Implicit Törnqvist Index of Real GDP", Journal of Productivity Analysis 21 (2004) 337-353.

[68] "Joint Production and the Structure of Technology: A Generalization" Journal of Economics/Zeitschrift für Nationalökonomie 84 (2005) 101-133.

[69] "Labour Productivity vs. Total Factor Productivity", IFC Bulletin 20 (2005) 106-116.

[70] "Real GDP, Real GDI, and Trading Gains: Canada, 1981-2005", International Productivity Monitor 13 (2006) 46-56.

[71] "Terms-of-Trade Changes, Real GDP, and Real Value Added in the Open Economy: Reassessing Hong Kong's Growth Performance", Asia-Pacific Journal of Accounting & Economics 14 (2007) 87-109.

[72] "Monetary Theory: Where Do We Stand?", Journal of Money, Credit and Banking 40 (2008) 1557-1560 (with Harris Dellas and Thomas Jordan).

[73] "Retrospective Price Indices and Substitution Bias", Swiss Journal of Economics and Statistics 145 (2009) 127-135 (with W. Erwin Diewert and Marco Huwiler).

[74] "Trade Agreements and Trade Opportunities: A Flexible Approach for Modelling Australian Export and Import Elasticities", Review of International Economics 18 (2010), 513-530 (with Kevin J. Fox and Alice Shiu).

[75] "The SNB’s New Monetary Policy Framework Ten Years On: Concluding Comments", Swiss Journal of Economics and Statistics 146 (2010), 425-430.

iii) Chapters in books

[1] "Foreign Trade", in Bank of Canada (ed.) The Structure of RDX2 (Ottawa, Ontario: Bank of Canada) 1977.

[2] "The Foreign Exchange Market and Short-Run Capital Flows", in Bank of Canada (ed.) The Structure of RDX2 (Ottawa, Ontario: Bank of Canada) 1977.

[3] "La vitesse de circulation de la monnaie", in Olivier de La Grandville (ed.) Relations internationales, politique économique et méthodologie: Essais en l'honneur de Jacques L'Huillier (Geneva: Georg Editeur) 1987.

[4] "L'impact économique de la sécurité sociale", in Fünf Expertenberichte zur Dreisäulenkonzeption der Schweizerischen Alters-, Hinterlassenen- und Invalidenvorsorge (Berne: Département fédéral de l'intérieur) 1991.

[5] "Stolper-Samuelson and the Structure of Production", in Alan V. Deardorff and Robert M. Stern (eds.) The Stolper-Samuelson Theorem: A Golden Jubilee (Ann Arbor, MI: University of Michigan Press) 1994.

[6] "Recent Developments in Swiss Monetary Policy", in Philippe Bacchetta and Walter Wasserfallen (eds.) Economic Policy in Switzerland (London: Macmillan) 1997 (with Hans Genberg).

[7] "The U.S. Labor Market Impacts of Low-Skill Migration from Mexico", in Mexico-United States Binational Commission (ed.) Migration between Mexico and the United States, volume 3 (Mexico City: Mexican Ministry of Foreign Affairs, and Washington, D.C.: U.S. Commission on Immigration Reform) 1998 (with Paul S. Davies, Michael J. Greenwood, Gary L. Hunt, and Marta Tienda).

[8] "Trade and Migration: A Production Theory Approach", in Ricardo Faini, Jaime de Melo, and Klaus F. Zimmermann (eds.) Migration: The Controversies and the Evidence (Cambridge: Cambridge University Press) 1999.

[9] "Sanyal and Jones on Fragmentation and Trade: Empirical Evidence for South Korea", in Leonard K. Cheng and Henryk Kierzkowski (eds.) Global Production and Trade in East Asia (Norwell, MA: Kluwer Academic Publishers) 2001.

[10] "Switzerland’s Growth Deficit: A Real Problem – But Only Half as Bad as it Looks", in Lukas Steinmann und Hans Rentsch (eds.) Diagnose: Wachstumsschwäche (Zurich: Verlag Neue Zürcher Zeitung) 2005.

[11] "Energy Prices, Inflation, and Monetary Policy", in Ernest Gnan and Már Gudmundsson (eds.) Commodities, Energy and Finance (Vienna: SUERF) 2008.

[12] "Globalization, Trade in Middle Products, and Relative Prices", in Sugata Marjit and Eden Yu (eds.) Contemporary and Emerging Issues in Trade Theory and Policy (Bingley, United Kingdom: Emerald Group Publishing) 2008.

[13] "Is inflation targeting passé?", in Charles Wyplosz (ed.) The New International Monetary System (Routledge), 2010.

[14] "Labour Productivity: Average vs. Marginal", in W. Erwin Diewert, Bert M. Balk, Dennis Fixler, Kevin J. Fox, and Alice O. Nakamura (eds.) Price and Productivity Measurement, Volume 6 (Victoria, BC: Trafford Press) 2010.

[15] "Inexact Index Numbers and Economic Monotonicity Violations: The GDP Implicit Price Deflator", in W. Erwin Diewert, Bert M. Balk, Dennis Fixler, Kevin J. Fox, and Alice O. Nakamura (eds.) Price and Productivity Measurement, Volume 6 (Victoria, BC: Trafford Press) 2010.

[16] "A Multiplicative Decomposition of the Fisher Index of Real GDP", in W. Erwin Diewert, Bert M. Balk, Dennis Fixler, Kevin J. Fox, and Alice O. Nakamura (eds.) Price and Productivity Measurement, Volume 7 (Victoria, BC: Trafford Press), forthcoming.

[17] "Terms of Trade, Real Exchange Rates, and Trading Gains", in W. Erwin Diewert, Bert M. Balk, Dennis Fixler, Kevin J. Fox, and Alice O. Nakamura (eds.) Price and Productivity Measurement, Volume 7 (Victoria, BC: Trafford Press), forthcoming.

iv) Comments

[1] "Financial Regulation and Market Forces: Comments", Swiss Journal of Economics and Statistics 127 (1991) 55-57.

[2] "Blueprints, Spillovers, and the Dynamic Gains from Trade Liberalization in a Small Open Economy: Discussion", in Richard E. Baldwin and Joseph F. François (eds.) Dynamic Issues in Commercial Policy Analysis (Cambridge: Cambridge University Press) 1999.

[3] "A Contribution to the Theory of Special Economic Zones: Comment", in Hans-Jürgen Vosgerau (ed.) Institutional Arrangements for Global Economic Integration (London: Macmillan) 2000.

[4] "The Monetary Policy Committee and the Incentive Problem, A Selective Survey: Comments", Monetary and Economic Studies 23, S1 (2005) 87-90.

v) Book reviews

[1] Sraffa and the Theory of Prices, by Alessandro Roncaglia, Revue économique et sociale 37 (1979) 62-64.

[2] International Trade and Resource Allocation, by Alan D. Woodland, Canadian Journal of Economics 16 (1983) 744-746.

[3] Inside the Black Box: Technology and Economics, by Nathan Rosenberg, Southern Economic Journal 51 (1984) 296-297.

[4] International Comparisons of Productivity and Causes of the Slowdown, by John W. Kendrick (ed.), Southern Economic Journal 53 (1986) 887-888.

[5] Costs and Productivity in Automobile Production: The Challenge of Japanese Efficiency, by Melvyn A. Fuss and Leonard Waverman, Canadian Journal of Economics 27 (1994) 250-254.

[6] Estimating Trade Elasticities, by Jaime Marquez, Journal of Economics 81 (2004) 96-99.

vi) Technical reports and working papers

[1] "Canadian Technology and the Derived Demand for Imports and Supply of Exports", Department of Manpower and Immigration, Ottawa, Canada (1975).

[2] "Construction of Foreign Trade Components, 1948-1972", Department of Manpower and Immigration, Ottawa, Canada (1975).

[3] "An Analysis of the Major Dynamic Properties of RDX2", Technical Report 13, Bank of Canada, Ottawa, Canada (1978) (with Leo deBever and Tom Maxwell).

[4] "Money, Wealth, and Prices: An Empirical Analysis", Research Discussion Paper 8201, Reserve Bank of Australia, Sydney, Australia (1982) (with Warwick J. McKibbin).

[5] "Neoclassical Theory and Australian Business Investment: A Reappraisal", Research Discussion Paper 8501, Reserve Bank of Australia, Sydney, Australia (1985) (with Christopher J. Ryan).

[6] "On Chocolate and Migration: The GNP Function Approach to Modeling the Demand for Foreign Labor Services", Discussion Paper No. 50, CERGE, Charles University (1995).

[7] "Trade and Migration: A Production-Theory Approach", Discussion Paper No. 1684, Centre for Economic Policy Research (1997).

[8] "Terms of Trade, Real GDP, and Real Value Added: A New Look at New Zealand's Growth Performance", Working Paper No. 2003/01, Centre for Applied Economic Research, University of New South Wales (2003).

[9] "Terms-of-Trade Changes, Real GDP, and Real Value Added in the Open Economy: Reassessing Hong Kong's Growth Performance", Working Paper 5/2006, Hong Kong Institute for Monetary Research (2006).

vii) Newspaper articles

[1] "Financement de la « Fondation de la Solidarité » par la réévaluation partielle des réserves d’or de la BNS : Quelques considérations macroéconomiques", AGEFI, 12 mars 1997.

[2] "Un don du ciel, l’or de la BNS ? Un appauvrissement plutôt !", Le Nouveau Quotidien, 14-16 mars 1997.

[3] "Unterschätztes Wachstum der Schweizer Wirtschaft? Die Tücken der amtlichen Messung des BIP", Neue Zürcher Zeitung, 14. Mai 1997.

[4] "Analyse eines teuren 'Geschenks': Bermekungen zur Finanzierung der Solidaritätsstiftung", Neue Zürcher Zeitung, 30. Mai 1997.

[5] "Sozialprogramm oder Schuldenabbau?", Neue Zürcher Zeitung, 3. Juni 1997.

[6] "La création d’emplois par la réduction du temps de travail: Une idée fallacieuse, dangereuse et absurde", AGEFI, 13 novembre 1997.

[7] "Nos ancêtres étaient plus futés!", AGEFI, 4 novembre 1998.

[8] "La montée incessante des dépenses sociales", AGEFI, 19 janvier 1999.

[9] "L'assurance évasion ou l'assurance dont la Suisse a un besoin si urgent", AGEFI, 13 juillet 1999.

[10] "Schulden tilgen bis zum letzten Franken? Ein Vorschlag zur Verwendung des Goldes der Nationalbank", Neue Zürcher Zeitung, 24. März 2000.

[11] "Cycles économiques et politique monétaire: source de confusions et d'analyses erronées", Entreprise romande, 21 décembre 2001.

[12] "Die Geldpolitik ist wichtiger als die Rendite: Bemerkungen zur Gewinnausschüttungspolitik der SNB", Neue Zürcher Zeitung, 4. September 2002.

[13] "Si la Banque nationale n'existait pas, il faudrait l'inventer", Le Temps, 29 août 2006.