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Prof. Dr. Yvan Lengwiler

Faculty of Business and Economics
Profiles & Affiliations

Publications

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Gerlach, Stefan, Lengwiler, Yvan, & Wyplosz, Charles. (2024). The decision not to distribute in 2024. SNB Observatory. https://snb-observatory.ch/en_US/distribution-2024/

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Gerlach, Stefan, Lengwiler, Yvan, & Wyplosz, Charles. (2024). SNB at the crossroads. SNB Observatory. https://snb-observatory.ch/en_US/crossroads/

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Gerlach, Stefan, Lengwiler, Yvan, & Wyplosz, Charles. (2024). Our view on the new appointment to the Governing Board. SNB Observatory. https://snb-observatory.ch/en_US/our-view-on-the-new-appointment-to-the-governing-board/

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Gerlach, Stefan, Lengwiler, Yvan, & Wyplosz, Charles. (2024). The SNB’s exchange rate policy comes alive. SNB Observatory. https://snb-observatory.ch/en_US/fx-policy/

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Gerlach, Stefan, Lengwiler,Yvan, & Wyplosz, Charles. (2024). Five misconceptions. SNB Observatory. https://snb-observatory.ch/en_US/misconceptions/

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Lengwiler, Yvan, & Orphanides, Athanasios. (2023). Collateral Framework: Liquidity Premia and Multiple Equilibria. Journal of Money, Credit, and Banking, 56(2-3), 27. https://doi.org/10.1111/jmcb.13048

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Gerlach, Stefan, Lengwiler, Yvan, & Wyplosz, Charles. (2023). Loss Distribution. SNB Observatory. https://snb-observatory.ch/en_US/loss-distribution/

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Gerlach, Stefan, Lengwiler, Yvan, & Wyplosz, Charles. (2023). The Departure of Andréa Maechler. SNB Observatory. https://snb-observatory.ch/en_US/the-departure-of-andrea-maechler/

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Gerlach, Stefan, Lengwiler, Yvan, & Wyplosz, Charles. (2023). The SNB’s Bank Council needs to be made accountable. SNB Observatory. https://snb-observatory.ch/en_US/bc-accountability/

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Gerlach, Stefan, Lengwiler, Yvan, & Wyplosz, Charles. (2023). Should SNB pay interest to banks? SNB Observatory. https://snb-observatory.ch/en_US/interest-on-reserves/

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Lengwiler, Yvan, Gersbach, Hans: Hüpkes, Eva, de Planta, Renaud, Eggen, Mirjam, Jaisli, Eva, Weder di Mauro, Beatrice, & Sigg, Rudolf. (2023). Reformbedarf nach dem Untergang der Credit Suisse. Eidgenoessisches Finanzdepartement. https://too-big-to-fail.ch/

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Lengwiler, Yvan. (2022, January 1). “Herr Jordan, unterschätzen Sie die Inflation?”. In SRF TV. https://www.srf.ch/play/tv/eco-talk/video/herr-jordan-unterschaetzen-sie-die-inflation?urn=urn:srf:video:49558c54-f5f6-4a0c-b99d-94c8a14636eb

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Lengwiler, Yvan. (2022, January 1). Nationalbank: “Es gibt kein Recht auf Geheimniskrämerei” [Fernsehinterview]. In swissinfo. https://www.swissinfo.ch/ger/wirtschaft/nationalbank-es-gibt-kein-recht-auf-geheimniskraemerei-/47526244

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Lengwiler, Yvan, & Rishabh, Kumar. (2022, January 1). Payment-Footprint - Zahlungsdaten als Solvenzsignal. Die Volkswirtschaft. https://dievolkswirtschaft.ch/de/2022/07/payment-footprint-zahlungsdaten-als-solvenzsignal/

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Lengwiler, Yvan, & Rishabh, Kumar. (2022, January 1). Payment-Footprint - Zahlungsdaten als Solvenzsignal. Finanz Und Wirtschaft, 1.

Gerlach, Stefan, Lengwiler, Yvan, & Wyplosz, Charles. (2021). Too Much of a Good Thing: Lowflation in Switzerland. The SNB Observatory. https://snb-observatory.ch/lowflation/

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Gerlach, Stefan, Lengwiler, Yvan, & Wyplosz, Charles. (2021). Profit Distribution. The SNB Observatory. https://snb-observatory.ch/profit-distribution/

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Gerlach, Stefan, Lengwiler, Yvan, & Wyplosz, Charles. (2021, January 1). Ein Staatsfonds für die Schweiz? The Market. https://themarket.ch/meinung/ein-staatsfonds-fuer-die-schweiz-ld.5656

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Gerlach, Stefan, Lengwiler, Yvan, & Wyplosz, Charles. (2021). A Swiss Sovereign Wealth Fund --- Opportunities and Risks. The SNB Observatory. https://snb-observatory.ch/swf/

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Gerlach, Stefan, Lengwiler, Yvan, & Wyplosz, Charles. (2021, January 1). Gewinnverteilung der Schweizerischen Nationalbank: Ein neuer Ansatz? The Market. https://themarket.ch/meinung/gewinnverteilung-der-schweizerischen-nationalbank-ein-neuer-ansatz-ld.4449

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Gerlach, Stefan, Lengwiler, Yvan, & Wyplosz, Charles. (2021, January 1). Es ist Zeit, die Geldpolitik der SNB zu reformieren. The Market. https://themarket.ch/meinung/es-ist-zeit-die-geldpolitik-der-snb-zu-reformieren-ld.3650

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Lengwiler, Yvan. (2021). Climate Protection versus Economic Convergence? In WWZ Working Paper (Vol. 2021). WWZ.

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Lengwiler, Yvan. (2021, January 1). Kritik an Hedgefonds. In SRF. https://www.srf.ch/play/tv/tagesschau/video/kritik-an-hedgefonds?urn=urn:srf:video:9f32c5a0-a088-4ba7-a44f-fb103c55bf97&aspectRatio=16_9

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Lengwiler, Yvan, Gerlach, Stefan, & Wyplosz, Charles. (2021, January 1). Am Ende der Fahnenstange. WWZ Faculty Blog - Der Ökonomieblog Der Universität Basel, 1. https://unibaswwzfaculty.blog/2021/02/23/am-ende-der-fahnenstange/

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Lengwiler, Yvan, & Orphanides, Athanasios. (2021). Collateral Framework: Liquidity Premia and Multiple Equilibria. In WWZ Working Paper (Vol. 2021). WWZ.

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Lengwiler, Yvan. (2020). Blacking out. In WWZ Working Paper (Vol. 2020). WWZ.

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Lengwiler, Yvan. (2020). Blacking out. Swiss Journal of Economics and Statistics, 156(7), 1–10. https://doi.org/10.1186/s41937-020-00052-y

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Lengwiler, Yvan. (2020, January 1). Die Nationalbank muss transparenter werden. NZZ am Sonntag, 1. https://nzzas.nzz.ch/wirtschaft/yvan-lengwiler-die-nationalbank-muss-transparenter-werden-ld.1578657

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Lengwiler, Yvan, & Lieberherr , Iwan. (2020, January 1). Was tun mit dem Nationalbank-Geld? In SRF. https://www.srf.ch/play/radio/tagesgespraech/audio/yvan-lengwiler-was-tun-mit-dem-nationalbank-geld?id=a4d1837a-af55-4120-b4d9-54a29a61192d

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Lengwiler, Yvan, & Orphanides, Athanasios. (2020). Options for the ECB’s Monetary Policy Strategy Review. In Study. European Parliament, ECON Committee. https://doi.org/10.2861/769594

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Lengwiler, Yvan, & Schwab, Florian. (2020, January 1). Yvan Lengwiler und die 45-Milliarden-Franken-Frage. Weltwoche, 10–11.

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Lengwiler, Yvan, & Saljihaj, Albana. (2018). The U.S. Tax Program for Swiss Banks: What Determined the Penalties? In WWZ Working Papers (Vol. 2018). WWZ.

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Lengwiler, Yvan, & Saljihaj, Albana. (2018). The U.S. Tax Program for Swiss banks: what determined the penalties? Swiss Journal of Economics and Statistics / Schweizerische Zeitschrift für Volkswirtschaft und Statistik, 154(23), 1–12. https://doi.org/10.1186/s41937-018-0024-0

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Lengwiler, Yvan. (2017). Banking unter Null. Die Volkswirtschaft, 2017(5), 16–19. https://dievolkswirtschaft.ch/content/uploads/2017/04/07_Lengwiler_DE.pdf

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Lengwiler, Yvan, & Rishabh, Kumar. (2017). Credit from the Monopoly Bank. In WWZ Working Papers (Vol. 2017). WWZ Forum.

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Lengwiler, Yvan, & Maringer, Dietmar. (2015). Regulation and contagion of banks. Journal of Banking Regulation, 16(1), 64–71. https://doi.org/10.1057/jbr.2013.20

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Bech, Morten L., & Lengwiler, Yvan. (2012). The Financial Crisis and the Changing Dynamics of the Yield Curve. In WWZ Discussion Papers (Vol. 2012). WWZ, University of Basel.

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Lengwiler, Yvan. (2012, January 1). Basler Kantonalbank im Visier der US-Justiz (Interview). In DRS. http://www.drs1.ch/www/de/drs1/nachrichten/regional/basel-baselland/321326.oekonomie-prof-lengwiler-sehr-unwahrscheinlich-dass-kanton-bkb-retten-muss.html

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Lengwiler, Yvan. (2012, January 1). Versager oder zufällige Helden? Tages-Anzeiger. http://www.tagesanzeiger.ch/wirtschaft/konjunktur/Versager-oder-zufaellige-Helden/story/22338795?dossier_id=1402

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Lengwiler, Yvan. (2011, January 1). Interview über Rohstoffpreise. In SF1.

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Lengwiler, Yvan. (2011, January 1). Verräterische Interviews. Weltwoche, 35.

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Lengwiler, Yvan. (2011, January 1). “SNB hat auch früher derart grosse Verluste gemacht” : nachgefragt Yvan Lengwiler, Professor für Nationalökonomie, Universität Basel. Schaffhauser Nachrichten, 7.

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Lengwiler, Yvan. (2011, January 1). Die SNB benötigt kein Eigenkapital : zur Debatte um die Politik der Schweizerischen Nationalbank. Neue Zürcher Zeitung, 21.

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Lengwiler, Yvan. (2011, January 1). Der Weg zur Normalisierung. Basler Zeitung, 11.

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Lengwiler, Yvan. (2011, January 1). Die SNB weiss, was sie tut : Geldpolitik darf kein Wahlkampfthema werden. Neue Zürcher Zeitung, 16.

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Lengwiler, Yvan. (2011, January 1). Die Nationalbank wird massiver einschreiten. Tages-Anzeiger. http://www.tagesanzeiger.ch/wirtschaft/unternehmen-und-konjunktur/Die-Nationalbank-wird-massiver-einschreiten/story/20422967

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Lengwiler, Yvan. (2011, January 1). Interview zur Frankenstärke. In Tele Basel.

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Lengwiler, Yvan. (2011, January 1). Der Franken: stark, stärker, am gefährlichsten. In Radio DRS1.

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Lengwiler, Yvan. (2011, January 1). “Die SNB schafft es allein”, Yvan Lengwiler Professor für Nationalökonomie, Universität Basel. Finanz Und Wirtschaft, 1.

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Lengwiler, Yvan. (2011, January 1). Kurzfristige Hypotheken am meisten betroffen. Cash. http://www.cash.ch/news/alle-news/kurzfristige_hypotheken_am_meisten_betroffen-1075827-448

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Lengwiler, Yvan. (2011, January 1). Dollarspritze für bedrängte Banken. Berner Zeitung, 16.

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Lengwiler, Yvan. (2011, January 1). Interview zur SNB-Gewinnausschüttung (7vor7). In TeleBasel.

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Lengwiler, Yvan. (2011, January 1). Interview zur Einrichtung internationaler Swap-Lines. In Radio DRS.

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Lengwiler, Yvan, & Maringer, Dietmar. (2011). Autonomously Interacting Banks. In WWZ Discussion Papers (Vol. 2011). WWZ. http://wwz.unibas.ch/uploads/tx_x4epublication/Interacting-Banks_01.pdf

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Lengwiler, Yvan. (2010, January 1). Anreize der Einlagensicherung. Die Volkswirtschaft, 20–22. http://www.dievolkswirtschaft.ch/editions/201004/Lengwiler.html

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Lengwiler, Yvan. (2010, January 1). Ein Rezept für sichere Grossbanken. Neue Zürcher Zeitung, 32.

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Lengwiler, Yvan. (2010, January 1). Tagesgespräch. In DRS 1. http://www.drs.ch/www/de/drs/sendungen/tagesgespraech/2782.sh10134105.html

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Lengwiler, Yvan. (2010, January 1). “Gleichschaltung schafft ein Systemrisiko” : globale Eigenmittelstandards für Banken schaffen neue Gefahren, warnt Ökonomieprofessor Yvan Lengwiler. Basler Zeitung, Wirtschaftsteil.

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Lengwiler, Yvan. (2010, January 1). Innovativer Schweizer Ansatz zu “Too big to fail”. Neue Zürcher Zeitung.

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Lengwiler, Yvan. (2010). Discussion of “Measuring the Natural Output Level by DSGE Models: An Empirical Investigation for Switzerland,” by S. Leist and K. Neusser. Vol. 146.

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Lengwiler, Yvan. (2010, January 1). Rette den Euro, wer kann. Weltwoche, 22.

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Lengwiler, Yvan, & Lenz, Carlos. (2010). Intelligible factors for the yield curve. Journal of Econometrics, 157(2), 481–491. https://doi.org/10.1016/j.jeconom.2010.04.001

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Lengwiler, Yvan, & Lipp, Reto. (2010, January 1). Interview zu den Basel III Regeln. In SF1.

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Lengwiler, Yvan, & Wolfstetter, Elmar. (2010). Auctions and corruption: An analysis of bid rigging by a corrupt auctioneer. Journal of Economic Dynamics and Control, 34(10), 1872–1892. https://doi.org/10.1016/j.jedc.2010.03.002

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Lengwiler, Yvan. (2009, January 1). Diese Krise hat (noch) nichts gelöst. Neue Zürcher Zeitung, 32.

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Lengwiler, Yvan. (2009, January 1). Instabile Banken bedrohen die Volkswirtschaft. Neue Zürcher Zeitung, 31.

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Lengwiler, Yvan. (2009, January 1). Schuldenbremse: Die Stunde der Wahrheit. Die Volkswirtschaft, 32.

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Lengwiler, Yvan. (2009, January 1). Wo ist die Nachfragelücke? : warum in der Schweiz die Geldpolitik im Vordergrund steht und die Schuldenbremse zu schützen ist. Neue Zürcher Zeitung, 27.

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Lengwiler, Yvan. (2009, January 1). Rendez-vous/Echo: Kauri-Muscheln - weitverbreitete Währung. In Radio DRS. http://www.drs2.ch/www/de/www/sendungen/tagesgespraech/2782.sh10090194.html

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Lengwiler, Yvan. (2009). The Origins of expected utility theory. In Vinzenz Bronzin’s Option Pricing Models Exposition and Appraisal (p. S. 535–546). Springer. https://doi.org/10.1007/978-3-540-85711-2

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Lengwiler, Yvan. (2008, January 1). Kein Rettungsplan wäre besser gewesen : belohnte Misswirtschaft, verhinderte Branchenkonsolidierung. Neue Zürcher Zeitung, 25.

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Lengwiler, Yvan. (2008, January 1). Die Kreditkrise ist eine Regulierungskrise : Stabilitätsrisiken einer fatalen Gleichschaltung. Neue Zürcher Zeitung, 33.

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Lengwiler, Yvan. (2008, January 1). Wie Staat und Wirtschaft wieder ins Lot kommen können. In Radio DRS. http://www.drs.ch/www/de/drs/sendungen/tagesgespraech/2782.sh10048539.html

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Lengwiler, Yvan, & Wolfstetter, Elmar. (2006). Corruption in procurement auctions. In Dimitri, N; Piga, G; Spagnolo, G (Ed.), Handbook of Procurement : Theory and Practice for Managers (pp. 412–429). Cambridge University Press. https://doi.org/10.1017/cbo9780511492556.017

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Lengwiler, Y. (2005). Heterogeneous patience and the term structure of real interest rates. American Economic Review, 95(3), 890–896. https://doi.org/10.1257/0002828054201288

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Lengwiler, Yvan, & Wolfstetter, Elmar. (2005). On Some Auction Rules for Amicable Divorce in Equal Share Partnerships. In Thomas Beschorner and Thomas Eger (Ed.), Das Ethische in der Ökonomie : Festschrift für Hans G. Nutzinger (p. S. 199–211). Metropolis. https://doi.org/10.2139/ssrn.727763

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Jörin, Robert, & Lengwiler, Yvan. (2004). Learning from financial markets : auctioning tariff-rate quotas in agricultural trade. Schweizerische Zeitschrift Für Volkswirtschaft Und Statistik, 140(4), 521–541.

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Lengwiler, Yvan. (2004). A monetary policy simulation game for the classroom. The Journal of Economic Education, 35(2), 175–183. https://doi.org/10.3200/jece.35.2.175-183

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Lengwiler, Yvan. (2004). Microfoundations of financial economics : an introduction to general equilibrium asset pricing. In Princeton series in finance. Princeton University Press. http://press.princeton.edu/titles/7724.html

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Heller, D, & Lengwiler, Y. (2003). Payment Obligations, Liquidity Management, and the Demand for Central Bank Balances. Journal of Monetary Economics, 50(2), 419–432. https://doi.org/10.1016/s0304-3932(03)00011-4

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Lengwiler, Y, & Orphanides, A. (2002). Optimal discretion. The Scandinavian Journal of Economics, 104(2), 261–276. https://doi.org/10.1111/1467-9442.00285

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Heller, Daniel, & Lengwiler, Yvan. (2001). Should the treasury price discriminate? : a procedure for computing hypothetical bid functions. Journal of institutional and theoretical economics, 157(3), 413–429. https://doi.org/10.1628/0932456013621279

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Lengwiler, Yvan. (2001). MoPoS: A Monetary Policy Simulation Game. Swiss National Bank Quarterly Bulletin, 19, 38–53.

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Lengwiler, Yvan. (2001). Die Schweizer UMTS-Auktion. Schweizerische Zeitschrift Für Volkswirtschaft Und Statistik, 137(2), 199–208.

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Lengwiler, Y. (1999). The multiple unit auction with variable supply. Economic Theory, 14(2), 373–392. https://doi.org/10.1007/s001990050299

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Lengwiler, Y. (1998). Endogenous endowments and equilibrium starvation in a walrasian economy. Journal of Mathematical Economics, 30(1), 37–58. https://doi.org/10.1016/s0304-4068(97)00029-3

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Lengwiler, Y. (1997). A model of money counterfeits. Journal of Economics, 65(2), 123–132. https://doi.org/10.1007/bf01226930

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Lengwiler, Yvan. (1997). Der ‘Monetary Conditions Index’ für die Schweiz. Swiss National Bank Quarterly Bulletin, 1997, 61–72.

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