Details about Reto Foellmi

Access statistics for papers by Reto Foellmi.

Last updated 2025-04-24. Update your information in the RePEc Author Service.

Short-id: pfo2

Working Papers

2024

1. Gravity with History: On Incumbency Effects in International Trade
   Economics Working Paper Series, University of St. Gallen, School of Economics and Political Science
   Also in CID Working Papers, Center for International Development at Harvard University (2023) View citations (5)
   Growth Lab Working Papers, Harvard's Growth Lab (2023)
   CEPR Discussion Papers, C.E.P.R. Discussion Papers (2023)

2022

2. Gravity with History: On the Aggregate Implications of Incumbency Effects in International Trade
   VfS Annual Conference 2022 (Basel): Big Data in Economics, Verein für Socialpolitik / German Economic Association
3. Inequality and Growth: A Review on a Great Open Debate in Economics
   CEPR Discussion Papers, C.E.P.R. Discussion Papers
   Also in Economics Working Paper Series, University of St. Gallen, School of Economics and Political Science (2022) View citations (6)
   WIDER Working Paper Series, World Institute for Development Economic Research (UNU-WIDER) (2022) View citations (7)
4. Triangle Inequalities in International Trade: The Neglected Dimension
   Economics Working Paper Series, University of St. Gallen, School of Economics and Political Science
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2022)
   See also Journal Article Triangle inequalities in international trade: The neglected dimension, Journal of International Economics, Elsevier (2024) (2024)
5. Voter Turnout in Concurrent Votes
   Economics Working Paper Series, University of St. Gallen, School of Economics and Political Science

2021

6. Wenn eine geldpolitische Nebensache zur politischen Hauptsache wird: Das riesige Vermögen der Schweizerischen Nationalbank
   Economics Working Paper Series, University of St. Gallen, School of Economics and Political Science View citations (1)
   See also Journal Article Wenn eine geldpolitische Nebensache zur politischen Hauptsache wird: Das riesige Vermögen der Schweizerischen Nationalbank, Aussenwirtschaft, University of St. Gallen, School of Economics and Political Science, Swiss Institute for International Economics and Applied Economics Research (2021) View citations (1) (2021)

2020

7. Currency appreciation, distance to border and price changes: Evidence from Swiss retail prices
   CEPR Discussion Papers, C.E.P.R. Discussion Papers
   Also in Economics Working Paper Series, University of St. Gallen, School of Economics and Political Science (2020)

2019

8. Harmful Pro-Competitive Effects of Trade in Presence of Credit Market Frictions
   Economics Working Paper Series, University of St. Gallen, School of Economics and Political Science
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2019)
   See also Journal Article Harmful Procompetitive Effects of Trade in Presence of Credit Market Frictions, Journal of Money, Credit and Banking, Blackwell Publishing (2020) View citations (2) (2020)

2018

9. Loss Aversion at the Aggregate Level Across Countries and its Relation to Economic Fundamentals
   Working Papers, Swiss National Bank View citations (2)
   See also Journal Article Loss aversion at the aggregate level across countries and its relation to economic fundamentals, Journal of Macroeconomics, Elsevier (2019) View citations (7) (2019)
10. Openness and Productitvity of the Swiss Economy
    Economics Working Paper Series, University of St. Gallen, School of Economics and Political Science View citations (4)
    See also Journal Article Openness and productivity of the Swiss economy, Swiss Journal of Economics and Statistics, Springer (2018) View citations (5) (2018)

2017

11. Die Verteilung von Einkommen und Vermögen in der Schweiz
    (The Distribution of Income and Wealth in Switzerland)
    MPRA Paper, University Library of Munich, Germany View citations (4)
12. International arbitrage and the extensive margin of trade between rich and poor countries
    Economics Working Paper Series, University of St. Gallen, School of Economics and Political Science View citations (5)
    See also Journal Article International Arbitrage and the Extensive Margin of Trade between Rich and Poor Countries, The Review of Economic Studies, Review of Economic Studies Ltd (2018) View citations (21) (2018)

2016

13. Is Inequality Harmful for Innovation and Growth? Price versus Market Size Effects
    Economics Working Paper Series, University of St. Gallen, School of Economics and Political Science View citations (2)
    See also Journal Article Is inequality harmful for innovation and growth? Price versus market size effects, Journal of Evolutionary Economics, Springer (2017) View citations (11) (2017)
14. Volatile Top Income Shares in Switzerland? Reassessing the Evolution Between 1981 and 2010
    Economics Working Paper Series, University of St. Gallen, School of Economics and Political Science View citations (4)
    See also Journal Article Volatile Top Income Shares in Switzerland? Reassessing the Evolution between 1981 and 2010, The Review of Economics and Statistics, MIT Press (2017) View citations (22) (2017)
15. What Determines Price Changes and the Distribution of Prices? Evidence from the Swiss CPI
    Economics Working Paper Series, University of St. Gallen, School of Economics and Political Science View citations (2)

2015

16. A Dynamic North-South Model of Demand-Induced Product Cycles
    FIW Working Paper series, FIW View citations (1)
    Also in Working Papers, Swiss National Bank (2015) View citations (1)
    VfS Annual Conference 2012 (Goettingen): New Approaches and Challenges for the Labor Market of the 21st Century, Verein für Socialpolitik / German Economic Association (2012) View citations (3)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2015) View citations (3)
    Economics Working Paper Series, University of St. Gallen, School of Economics and Political Science (2015) View citations (1)
    See also Journal Article A dynamic North-South model of demand-induced product cycles, Journal of International Economics, Elsevier (2018) View citations (8) (2018)
17. Do Professionals Get It Right? Limited Attention and Risk-Taking Behavior
    Economics Working Paper Series, University of St. Gallen, School of Economics and Political Science
    See also Journal Article Do Professionals Get It Right? Limited Attention and Risk‐taking Behaviour, Economic Journal, Royal Economic Society (2016) View citations (13) (2016)
18. Innovation and Trade in the Presence of Credit Constraints
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (2)
    Also in Economics Working Paper Series, University of St. Gallen, School of Economics and Political Science (2015) View citations (5)
    See also Journal Article Innovation and trade in the presence of credit constraints, Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons (2021) View citations (1) (2021)

2014

19. Globalization and Productivity in The Developing World
    Papers, World Trade Institute
    Also in Economics Working Paper Series, University of St. Gallen, School of Economics and Political Science (2012) View citations (3)
20. Volatile Top Income Shares in Switzerland? Reassessing the Evolution Between 1981 and 2009
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (3)

2013

21. Volatile Top Income Shares in Switzerland? Reassessing the Evolution Between 1981 and 2008
    Economics Working Paper Series, University of St. Gallen, School of Economics and Political Science

2011

22. Enhancing the Efficiency of Water Supply ? Product Market Competition versus Trade
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
    Also in Working Papers, University of Zurich, Institute for Strategy and Business Economics (ISU) (2004) View citations (1)
    Public Economics, University Library of Munich, Germany (2004) View citations (2)
    Economics Working Paper Series, University of St. Gallen, School of Economics and Political Science (2011)
    See also Journal Article Enhancing the Efficiency of Water Supply—Product Market Competition Versus Trade, Journal of Industry, Competition and Trade, Springer (2012) View citations (1) (2012)
23. Non-homothetic preferences, parallel imports and the extensive margin of international trade
    Economics Working Paper Series, University of St. Gallen, School of Economics and Political Science View citations (10)
    Also in Diskussionsschriften, Universitaet Bern, Departement Volkswirtschaft (2010) View citations (12)
    IEW - Working Papers, Institute for Empirical Research in Economics - University of Zurich (2010) View citations (11)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2010) View citations (13)

2010

24. Consumption Paths under Prospect Utility in an Optimal Growth Model
    Diskussionsschriften, Universitaet Bern, Departement Volkswirtschaft View citations (6)
    Also in Swiss Finance Institute Research Paper Series, Swiss Finance Institute (2010) View citations (1)
    See also Journal Article Consumption paths under prospect utility in an optimal growth model, Journal of Economic Dynamics and Control, Elsevier (2011) View citations (20) (2011)
25. Inequality and Aggregate Savings in the Neoclassical Growth Model
    Diskussionsschriften, Universitaet Bern, Departement Volkswirtschaft View citations (2)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2009)
    IEW - Working Papers, Institute for Empirical Research in Economics - University of Zurich (2008)
26. Market Imperfections, Wealth Inequality, and the Distribution of Trade Gains
    Diskussionsschriften, Universitaet Bern, Departement Volkswirtschaft View citations (39)
    Also in Papers, World Trade Institute (2010) View citations (35)
    IEW - Working Papers, Institute for Empirical Research in Economics - University of Zurich (2006) View citations (4)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2009) View citations (3)
    See also Journal Article Market imperfections, wealth inequality, and the distribution of trade gains, Journal of International Economics, Elsevier (2010) View citations (43) (2010)
27. Mass versus Exclusive Goods, and Formal-Sector Employment
    Diskussionsschriften, Universitaet Bern, Departement Volkswirtschaft

2009

28. Should the Catholic Church abolish the rule of Celibacy?
    Working Papers, University of Zurich, Institute for Strategy and Business Economics (ISU) View citations (1)
29. The Macroeconomics of Model T
    IEW - Working Papers, Institute for Empirical Research in Economics - University of Zurich View citations (2)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2009) View citations (2)
    See also Journal Article The macroeconomics of Model T, Journal of Economic Theory, Elsevier (2014) View citations (23) (2014)

2006

30. Equity and Efficiency under Imperfect Credit Markets
    DEGIT Conference Papers, DEGIT, Dynamics, Economic Growth, and International Trade
    Also in IEW - Working Papers, Institute for Empirical Research in Economics - University of Zurich (2006)
31. Mass Consumption, Exclusion and Unemployment
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (4)
    Also in IEW - Working Papers, Institute for Empirical Research in Economics - University of Zurich (2006) View citations (6)
32. Structural Change and the Kaldor Facts of Economic Growth
    2006 Meeting Papers, Society for Economic Dynamics View citations (7)
    Also in IEW - Working Papers, Institute for Empirical Research in Economics - University of Zurich View citations (11)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2002) View citations (19)
    IZA Discussion Papers, Institute of Labor Economics (IZA) (2002) View citations (17)

2005

33. Income Distribution and Demand-Induced Innovations
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (2)
    Also in IEW - Working Papers, Institute for Empirical Research in Economics - University of Zurich View citations (92)
    See also Journal Article Income Distribution and Demand-Induced Innovations, The Review of Economic Studies, Review of Economic Studies Ltd (2006) View citations (154) (2006)

2004

34. Product-Market Competition in the Water Industry: Voluntary Nondiscriminatory Pricing
    Working Papers, University of Zurich, Institute for Strategy and Business Economics (ISU) View citations (4)
    Also in IEW - Working Papers, Institute for Empirical Research in Economics - University of Zurich View citations (1)
    See also Journal Article Product-Market Competition in the Water Industry: Voluntary Non-discriminatory Pricing, Journal of Industry, Competition and Trade, Springer (2005) View citations (4) (2005)
35. Small-Scale Firms And Trade Liberalisation
    Royal Economic Society Annual Conference 2004, Royal Economic Society

2003

36. Inequality and Economic Growth: European Versus U.S. Experiences
    CESifo Working Paper Series, CESifo View citations (4)
    Also in IEW - Working Papers, Institute for Empirical Research in Economics - University of Zurich View citations (1)
37. Who Gains from Non-Collusive Corruption?
    Royal Economic Society Annual Conference 2003, Royal Economic Society View citations (16)
    Also in IEW - Working Papers, Institute for Empirical Research in Economics - University of Zurich View citations (37)
    See also Journal Article Who gains from non-collusive corruption?, Journal of Development Economics, Elsevier (2007) View citations (38) (2007)

2002

38. Heterogeneous Mark-ups, Demand Composition, and the Inequality-Growth Relation
    Royal Economic Society Annual Conference 2002, Royal Economic Society View citations (7)

Undated

39. Inequality, Market Power, and Product Diversity
    IEW - Working Papers, Institute for Empirical Research in Economics - University of Zurich View citations (20)
    See also Journal Article Inequality, market power, and product diversity, Economics Letters, Elsevier (2004) View citations (36) (2004)

Journal Articles

2024

1. Triangle inequalities in international trade: The neglected dimension
   Journal of International Economics, 2024, 152, (C)
   See also Working Paper Triangle Inequalities in International Trade: The Neglected Dimension, Economics Working Paper Series (2022) (2022)

2023

2. Comment on "Recovery and exit of zombie firms in Portugal" by Carlos Carreira, Paulino Teixeira, and Ernesto Nieto-Carrillo
   Aussenwirtschaft, 2023, 73, (01), 109-112

2021

3. Innovation and trade in the presence of credit constraints
   Canadian Journal of Economics/Revue canadienne d'économique, 2021, 54, (3), 1168-1205 View citations (1)
   See also Working Paper Innovation and Trade in the Presence of Credit Constraints, CEPR Discussion Papers (2015) View citations (2) (2015)
4. Wenn eine geldpolitische Nebensache zur politischen Hauptsache wird: Das riesige Vermögen der Schweizerischen Nationalbank
   Aussenwirtschaft, 2021, 71, (01), 1-34 View citations (1)
   See also Working Paper Wenn eine geldpolitische Nebensache zur politischen Hauptsache wird: Das riesige Vermögen der Schweizerischen Nationalbank, Economics Working Paper Series (2021) View citations (1) (2021)

2020

5. Harmful Procompetitive Effects of Trade in Presence of Credit Market Frictions
   Journal of Money, Credit and Banking, 2020, 52, (6), 1493-1525 View citations (2)
   See also Working Paper Harmful Pro-Competitive Effects of Trade in Presence of Credit Market Frictions, Economics Working Paper Series (2019) (2019)

2019

6. Loss aversion at the aggregate level across countries and its relation to economic fundamentals
   Journal of Macroeconomics, 2019, 61, (C), - View citations (7)
   See also Working Paper Loss Aversion at the Aggregate Level Across Countries and its Relation to Economic Fundamentals, Working Papers (2018) View citations (2) (2018)

2018

7. A dynamic North-South model of demand-induced product cycles
   Journal of International Economics, 2018, 110, (C), 63-86 View citations (8)
   See also Working Paper A Dynamic North-South Model of Demand-Induced Product Cycles, FIW Working Paper series (2015) View citations (1) (2015)
8. Inequality in Switzerland: A Haven of Stability?
   CESifo Forum, 2018, 19, (02), 19-25
9. International Arbitrage and the Extensive Margin of Trade between Rich and Poor Countries
   The Review of Economic Studies, 2018, 85, (1), 475-510 View citations (21)
   See also Working Paper International arbitrage and the extensive margin of trade between rich and poor countries, Economics Working Paper Series (2017) View citations (5) (2017)
10. Openness and productivity of the Swiss economy
    Swiss Journal of Economics and Statistics, 2018, 154, (1), 1-21 View citations (5)
    See also Working Paper Openness and Productitvity of the Swiss Economy, Economics Working Paper Series (2018) View citations (4) (2018)

2017

11. A single investor of the current account surplus? Benefits and risks of a monopoly supplier of money in Switzerland
    Aussenwirtschaft, 2017, 68, (01), 109-114
12. Is inequality harmful for innovation and growth? Price versus market size effects
    Journal of Evolutionary Economics, 2017, 27, (2), 359-378 View citations (11)
    See also Working Paper Is Inequality Harmful for Innovation and Growth? Price versus Market Size Effects, Economics Working Paper Series (2016) View citations (2) (2016)
13. Volatile Top Income Shares in Switzerland? Reassessing the Evolution between 1981 and 2010
    The Review of Economics and Statistics, 2017, 99, (5), 793–809 View citations (22)
    See also Working Paper Volatile Top Income Shares in Switzerland? Reassessing the Evolution Between 1981 and 2010, Economics Working Paper Series (2016) View citations (4) (2016)

2016

14. Comment on "Knife edge? Switzerland as a base for multinational companies as relations worsen with the European Union"
    Aussenwirtschaft, 2016, 67, (01), 89-90
15. Comment on "Switzerland's gains from trade with Europe" by Christian Hepenstrick
    Aussenwirtschaft, 2016, 67, (03), 43-45
16. Do Professionals Get It Right? Limited Attention and Risk‐taking Behaviour
    Economic Journal, 2016, (592), 724-755 View citations (13)
    See also Working Paper Do Professionals Get It Right? Limited Attention and Risk-Taking Behavior, Economics Working Paper Series (2015) (2015)

2014

17. The macroeconomics of Model T
    Journal of Economic Theory, 2014, 153, (C), 617-647 View citations (23)
    See also Working Paper The Macroeconomics of Model T, IEW - Working Papers (2009) View citations (2) (2009)

2012

18. Enhancing the Efficiency of Water Supply—Product Market Competition Versus Trade
    Journal of Industry, Competition and Trade, 2012, 12, (3), 299-324 View citations (1)
    See also Working Paper Enhancing the Efficiency of Water Supply ? Product Market Competition versus Trade, CEPR Discussion Papers (2011) (2011)

2011

19. Buchbesprechung "Wirtschaftswunder Schweiz, Ursprung und Zukunft eines Erfolgsmodells" von AR. James Breiding und Gerhard Schwarz
    Aussenwirtschaft, 2011, 66, (02), 264-266
20. Consumption paths under prospect utility in an optimal growth model
    Journal of Economic Dynamics and Control, 2011, 35, (3), 273-281 View citations (20)
    See also Working Paper Consumption Paths under Prospect Utility in an Optimal Growth Model, Diskussionsschriften (2010) View citations (6) (2010)
21. Exclusive Goods and Formal-Sector Employment
    American Economic Journal: Macroeconomics, 2011, 3, (1), 242-72 View citations (5)

2010

22. Market imperfections, wealth inequality, and the distribution of trade gains
    Journal of International Economics, 2010, 81, (1), 15-25 View citations (43)
    See also Working Paper Market Imperfections, Wealth Inequality, and the Distribution of Trade Gains, Diskussionsschriften (2010) View citations (39) (2010)

2008

23. Structural change, Engel's consumption cycles and Kaldor's facts of economic growth
    Journal of Monetary Economics, 2008, 55, (7), 1317-1328 View citations (157)
24. Why progressive redistribution can hurt the poor
    Journal of Public Economics, 2008, 92, (3-4), 738-747 View citations (14)

2007

25. Who gains from non-collusive corruption?
    Journal of Development Economics, 2007, 82, (1), 95-119 View citations (38)
    See also Working Paper Who Gains from Non-Collusive Corruption?, Royal Economic Society Annual Conference 2003 (2003) View citations (16) (2003)

2006

26. Income Distribution and Demand-Induced Innovations
    The Review of Economic Studies, 2006, 73, (4), 941-960 View citations (154)
    See also Working Paper Income Distribution and Demand-Induced Innovations, CEPR Discussion Papers (2005) View citations (2) (2005)

2005

27. Product-Market Competition in the Water Industry: Voluntary Non-discriminatory Pricing
    Journal of Industry, Competition and Trade, 2005, 5, (2), 115-135 View citations (4)
    See also Working Paper Product-Market Competition in the Water Industry: Voluntary Nondiscriminatory Pricing, Working Papers (2004) View citations (4) (2004)

2004

28. Inequality, market power, and product diversity
    Economics Letters, 2004, 82, (1), 139-145 View citations (36)
    See also Working Paper Inequality, Market Power, and Product Diversity, IEW - Working Papers View citations (20)

Books

2005

1. Consumption Structure and Macroeconomics
   Lecture Notes in Economics and Mathematical Systems, Springer View citations (9)
2. Income Distribution in Macroeconomic Models
   Economics Books, Princeton University Press View citations (77)

Chapters

2005

1. Production and Distribution of Income in a Market Economy
   A chapter in Income Distribution in Macroeconomic Models, 2005