Alan M. Taylor

University of California, Davis - Department of Economics

Professor

One Shields Drive

Davis, CA 95616-8578

United States

http://www.econ.ucdavis.edu/faculty/amtaylor/

National Bureau of Economic Research (NBER)

Research Associate

1050 Massachusetts Avenue

Cambridge, MA 02138

United States

http://nber.org

Centre for Economic Policy Research (CEPR)

Research Fellow

London

United Kingdom

http://cepr.org

SCHOLARLY PAPERS

122

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Rank 6,293

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Top 6,293

in Total Papers Downloads

8,967

SSRN CITATIONS
Rank 158

SSRN RANKINGS

Top 158

in Total Papers Citations

1,424

CROSSREF CITATIONS

2,681

Scholarly Papers (122)

1.
Downloads 1,258 ( 20,668)
Citation 56

The Rate of Return on Everything, 1870–2015

Number of pages: 174 Posted: 19 Dec 2017 Last Revised: 20 Nov 2021
Federal Reserve Banks - Federal Reserve Bank of San Francisco, Free University of Berlin (FUB) - Division of Economics, Universitat Pompeu Fabra, University of Bonn - Department of Economics and University of California, Davis - Department of Economics
Downloads 720 (44,826)

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The Rate of Return on Everything, 1870-2015

Number of pages: 124 Posted: 19 Apr 2018
Federal Reserve Banks - Federal Reserve Bank of San Francisco, Free University of Berlin (FUB) - Division of Economics, Universitat Pompeu Fabra, University of Bonn - Department of Economics and University of California, Davis - Department of Economics
Downloads 520 (68,295)
Citation 1

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return on capital, interest rates, yields, dividends, rents, capital gains, risk premiums, household wealth, housing markets

The Rate of Return on Everything, 1870-2015

Number of pages: 177 Posted: 19 Dec 2017 Last Revised: 20 May 2019
Federal Reserve Banks - Federal Reserve Bank of San Francisco, Free University of Berlin (FUB) - Division of Economics, Universitat Pompeu Fabra, University of Bonn - Department of Economics and University of California, Davis - Department of Economics
Downloads 18 (686,255)
Citation 38
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capital gains, dividends, household wealth, housing markets, interest rates, rents, return on capital, risk premiums, yields

2.

Credit Booms Gone Bust: Monetary Policy, Leverage Cycles and Financial Crises, 1870-2008

Number of pages: 38 Posted: 17 Nov 2009 Last Revised: 21 Nov 2021
Moritz Schularick and Alan M. Taylor
University of Bonn - Department of Economics and University of California, Davis - Department of Economics
Downloads 366 (104,469)
Citation 43

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3.

Land, Labor and the Wage-Rental Ratio: Factor Price Convergence in the Late Nineteenth Century

Number of pages: 62 Posted: 08 Jun 2004 Last Revised: 19 Aug 2021
University of Dublin, Trinity College, University of California, Davis - Department of Economics and Harvard University - Department of Economics, Laird Bell Professor of Economics, Emeritus
Downloads 344 (111,989)
Citation 1

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4.

Globalization and Capital Markets

Number of pages: 69 Posted: 23 Mar 2002 Last Revised: 04 Sep 2021
Maurice Obstfeld and Alan M. Taylor
University of California, Berkeley and University of California, Davis - Department of Economics
Downloads 297 (131,282)
Citation 8

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5.
Downloads 288 (135,541)
Citation 4

The Great Leveraging

BIS Working Paper No. 398
Number of pages: 52 Posted: 12 Apr 2013
Alan M. Taylor
University of California, Davis - Department of Economics
Downloads 148 (251,043)

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banking, financial development, credit, booms, crises, recessions, global imbalances, Great Recession, fiscal policy

The Great Leveraging

Number of pages: 39 Posted: 10 Aug 2012 Last Revised: 24 Jun 2021
Alan M. Taylor
University of California, Davis - Department of Economics
Downloads 126 (284,911)

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The Great Leveraging

Number of pages: 40 Posted: 28 Sep 2012
Alan M. Taylor
University of California, Davis - Department of Economics
Downloads 14 (718,974)
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banking, booms, credit, crises, financial development, fiscal policy, global imbalances, Great Recession, recessions

Is the Washington Consensus Dead? Growth, Openness, and the Great Liberalization, 1970s-2000s

Number of pages: 46 Posted: 27 Aug 2008 Last Revised: 24 Jun 2021
Antoni Estevadeordal and Alan M. Taylor
Inter-American Development Bank (IADB) and University of California, Davis - Department of Economics
Downloads 277 (140,450)

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Is the Washington Consensus Dead? Growth, Openness, and the Great Liberalization, 1970s-2000s

Number of pages: 48 Posted: 02 Dec 2008
Antoni Estevadeordal and Alan M. Taylor
Inter-American Development Bank (IADB) and University of California, Davis - Department of Economics
Downloads 3 (813,400)
Citation 13
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capital goods, developing countries, GATT, growth, intermediate goods, trade liberalization, Uruguay Round

The Carry Trade and Fundamentals: Nothing to Fear But Feer Itself

Number of pages: 38 Posted: 17 Nov 2009 Last Revised: 27 Nov 2021
Oscar Jorda and Alan M. Taylor
Federal Reserve Banks - Federal Reserve Bank of San Francisco and University of California, Davis - Department of Economics
Downloads 253 (154,102)

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The Carry Trade and Fundamentals: Nothing to Fear But Feer Itself

Number of pages: 40 Posted: 11 Jan 2010
Oscar Jorda and Alan M. Taylor
Federal Reserve Banks - Federal Reserve Bank of San Francisco and University of California, Davis - Department of Economics
Downloads 12 (735,994)
Citation 7
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efficient markets hypothesis, foreign exchange market

8.
Downloads 262 (149,304)

Financial Crises: A Survey

University of Chicago, Becker Friedman Institute for Economics Working Paper No. 2021-97
Number of pages: 58 Posted: 18 Aug 2021
Amir Sufi and Alan M. Taylor
University of Chicago - Booth School of Business and University of California, Davis - Department of Economics
Downloads 238 (163,655)

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Financial Crises: A Survey

Number of pages: 57 Posted: 16 Aug 2021 Last Revised: 18 Nov 2021
Amir Sufi and Alan M. Taylor
University of Chicago - Booth School of Business and University of California, Davis - Department of Economics
Downloads 24 (639,786)
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Financial Crises: A Survey

Number of pages: 59 Posted: 22 Sep 2021
Amir Sufi and Alan M. Taylor
University of Chicago - Booth School of Business and University of California, Davis - Department of Economics
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9.
Downloads 253 (154,662)
Citation 136

The Purchasing Power Parity Debate

Number of pages: 34 Posted: 09 Jul 2004 Last Revised: 27 Jun 2021
Alan M. Taylor and Mark P. Taylor
University of California, Davis - Department of Economics and Washington University in St. Louis - John M. Olin Business School
Downloads 204 (189,679)
Citation 7

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The Purchasing Power Parity Debate

Number of pages: 36 Posted: 07 Sep 2004
Alan M. Taylor and Mark P. Taylor
University of California, Davis - Department of Economics and Washington University in St. Louis - John M. Olin Business School
Downloads 49 (497,554)
Citation 12
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Purchasing power parity, exchange rates, real exchange rates, nonlinearity, long-run equilibrium

10.
Downloads 81 (183,236)

Democracy and Protectionism

Number of pages: 33 Posted: 25 May 2006 Last Revised: 23 Jun 2021
Kevin H. O'Rourke and Alan M. Taylor
University of Dublin, Trinity College and University of California, Davis - Department of Economics
Downloads 57 (464,424)

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Democracy and Protectionism

Number of pages: 35 Posted: 07 Aug 2006
Kevin H. O'Rourke and Alan M. Taylor
University of Dublin, Trinity College and University of California, Davis - Department of Economics
Downloads 24 (639,786)
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Factor endowments, Heckscher-Ohlin trade theory, Stolper-Samuelson theorem and tariffs

Trade, Knowledge, and the Industrial Revolution

IIIS Discussion Paper No. 219
Number of pages: 54 Posted: 18 Apr 2007
Kevin H. O'Rourke, Ahmed Rahman and Alan M. Taylor
University of Dublin, Trinity College, United States Naval Academy and University of California, Davis - Department of Economics
Downloads 106 (322,692)

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Endogenous growth, Demography, Trade

Trade, Knowledge and the Industrial Revolution

Centro Studi Luca d'Agliano Development Studies Working Paper No. 230
Number of pages: 52 Posted: 25 Jul 2007
Kevin H. O'Rourke, Ahmed Rahman and Alan M. Taylor
University of Dublin, Trinity College, United States Naval Academy and University of California, Davis - Department of Economics
Downloads 43 (525,711)

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Endogenous growth, demography, trade

Trade, Knowledge, and the Industrial Revolution

Number of pages: 52 Posted: 27 Jun 2007 Last Revised: 07 Mar 2021
Kevin H. O'Rourke, Ahmed Rahman and Alan M. Taylor
University of Dublin, Trinity College, United States Naval Academy and University of California, Davis - Department of Economics
Downloads 30 (597,954)

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Trade, Knowledge, and the Industrial Revolution

Number of pages: 54 Posted: 22 May 2008
Kevin H. O'Rourke, Ahmed Rahman and Alan M. Taylor
University of Dublin, Trinity College, United States Naval Academy and University of California, Davis - Department of Economics
Downloads 1 (837,405)
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demography, endogenous growth, trade

Collateral Damage: Trade Disruption and the Economic Impact of War

FRB of San Francisco Working Paper No. 2005-11
Number of pages: 54 Posted: 02 Oct 2005
Reuven Glick and Alan M. Taylor
Federal Reserve Bank of San Francisco - Center for Pacific Basin Monetary & Economic Studies and University of California, Davis - Department of Economics
Downloads 115 (304,523)
Citation 2

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War, international trade

Collateral Damage: Trade Disruption and the Economic Impact of War

Number of pages: 65 Posted: 19 Oct 2006 Last Revised: 07 Feb 2021
Reuven Glick and Alan M. Taylor
Federal Reserve Bank of San Francisco - Center for Pacific Basin Monetary & Economic Studies and University of California, Davis - Department of Economics
Downloads 40 (540,864)
Citation 6

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Collateral Damage: Trade Disruption and the Economic Impact of War

Number of pages: 56 Posted: 07 Oct 2005
Reuven Glick and Alan M. Taylor
Federal Reserve Bank of San Francisco - Center for Pacific Basin Monetary & Economic Studies and University of California, Davis - Department of Economics
Downloads 18 (686,255)
Citation 13
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Peace, conflict, gravity model, World War I, World War II

13.

Internal Versus External Convertibility and Emerging-Market Crises: Lessons from Argentine History

Number of pages: 32 Posted: 10 Dec 2001
Gerardo della Paolera and Alan M. Taylor
American University of Paris and University of California, Davis - Department of Economics
Downloads 154 (242,356)
Citation 3

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14.
Downloads 137 (266,332)
Citation 6

External Imbalances and Financial Crises

Number of pages: 19 Posted: 20 Jan 2014
Alan M. Taylor
University of California, Davis - Department of Economics
Downloads 116 (302,629)
Citation 1

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Financial crisis, Current account, Credit expansion, Capital flows, Business cycles, Financial crises, financial openness, capital controls, external imbalances, credit booms, recessions, banking crisis, banking crises, capital mobility, global financial crisis, financial distress, bank panics, public debts, economic crisis, reserve requirements, current account deficits, crisis problem, currency risks, private debt, current accounts, asset bubbles, rating agencies, government deficits, reserve accumulation, deposit insurance, fiscal crisis, financial integration

External Imbalances and Financial Crises

Number of pages: 20 Posted: 07 Dec 2012
Alan M. Taylor
University of California, Davis - Department of Economics
Downloads 15 (710,479)

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External Imbalances and Financial Crises

Number of pages: 22 Posted: 01 Feb 2013
Alan M. Taylor
University of California, Davis - Department of Economics
Downloads 6 (787,616)
Citation 1
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credit booms, external imbalances, financial crises

15.

Leveraged Bubbles

Number of pages: 36 Posted: 22 Sep 2015
Oscar Jorda, Moritz Schularick and Alan M. Taylor
Federal Reserve Banks - Federal Reserve Bank of San Francisco, University of Bonn - Department of Economics and University of California, Davis - Department of Economics
Downloads 130 (277,071)
Citation 3

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boom, bust, bank lending, debt overhang, crises, local projections

16.

Globalization, Trade, and Development: Some Lessons from History

Number of pages: 39 Posted: 16 Nov 2002 Last Revised: 27 Jun 2021
Alan M. Taylor
University of California, Davis - Department of Economics
Downloads 130 (277,071)

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17.

The Trilemma in History: Tradeoffs Among Exchange Rates, Monetary Policies, and Capital Mobility

Number of pages: 41 Posted: 10 May 2004 Last Revised: 30 May 2021
Maurice Obstfeld, Jay Shambaugh and Alan M. Taylor
University of California, Berkeley, Dartmouth College - Department of Economics and University of California, Davis - Department of Economics
Downloads 127 (282,040)
Citation 37

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Financial Stability, the Trilemma, and International Reserves

Number of pages: 48 Posted: 18 Aug 2008 Last Revised: 07 Nov 2021
Maurice Obstfeld, Jay Shambaugh and Alan M. Taylor
University of California, Berkeley, Dartmouth College - Department of Economics and University of California, Davis - Department of Economics
Downloads 109 (316,442)
Citation 20

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Financial Stability, the Trilemma, and International Reserves

Number of pages: 47 Posted: 09 Jun 2008
Maurice Obstfeld, Jay Shambaugh and Alan M. Taylor
University of California, Berkeley, Dartmouth College - Department of Economics and University of California, Davis - Department of Economics
Downloads 7 (779,022)
Citation 27
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banking crises, capital flight, central banks, exchange rate regimes, financial development, foreign exchange, global imbalances, Guidotti-Greenspan rule, international liquidity, intervention, lender of last resort, net foreign assets, sterilization, sudden stop

Productivity, Tradability, and the Long-Run Price Puzzle

FRB of San Francisco Working Paper No. 2004-08
Number of pages: 55 Posted: 12 Jul 2004
Paul R. Bergin, Reuven Glick and Alan M. Taylor
University of California, Davis - Department of Economics, Federal Reserve Bank of San Francisco - Center for Pacific Basin Monetary & Economic Studies and University of California, Davis - Department of Economics
Downloads 73 (407,673)

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Prices, productivity, econometric models

Productivity, Tradability, and the Long-Run Price Puzzle

Number of pages: 32 Posted: 23 May 2011 Last Revised: 19 Nov 2021
Paul R. Bergin, Reuven Glick and Alan M. Taylor
University of California, Davis - Department of Economics, Federal Reserve Bank of San Francisco - Center for Pacific Basin Monetary & Economic Studies and University of California, Davis - Department of Economics
Downloads 27 (617,989)
Citation 1

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Productivity, Tradability and the Long-Run Price Puzzle

Number of pages: 58 Posted: 07 Sep 2004
Paul R. Bergin, Reuven Glick and Alan M. Taylor
University of California, Davis - Department of Economics, Federal Reserve Bank of San Francisco - Center for Pacific Basin Monetary & Economic Studies and University of California, Davis - Department of Economics
Downloads 13 (727,458)
Citation 5
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Real exchange rate, great divergence, Ricardo-Harrod-Balassa-Samuelson effect

20.

The Great Mortgaging: Housing Finance, Crises, and Business Cycles

Number of pages: 48 Posted: 22 Sep 2014 Last Revised: 29 Aug 2021
Òscar Jordà, Moritz Schularick and Alan M. Taylor
Federal Reserve Banks - Federal Reserve Bank of San Francisco, University of Bonn - Department of Economics and University of California, Davis - Department of Economics
Downloads 105 (322,744)
Citation 9

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Sovereigns Versus Banks: Credit, Crises, and Consequences

Number of pages: 44 Posted: 25 Oct 2013 Last Revised: 18 Nov 2021
Oscar Jorda, Moritz Schularick and Alan M. Taylor
Federal Reserve Banks - Federal Reserve Bank of San Francisco, University of Bonn - Department of Economics and University of California, Davis - Department of Economics
Downloads 101 (333,440)

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leverage, booms, recessions, financial crises, business cycles, local projections

Sovereigns Versus Banks: Credit, Crises, and Consequences

Number of pages: 35 Posted: 07 Oct 2013
Oscar Jorda, Moritz Schularick and Alan M. Taylor
Federal Reserve Banks - Federal Reserve Bank of San Francisco, University of Bonn - Department of Economics and University of California, Davis - Department of Economics
Downloads 0
Citation 17
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booms, business cycles, financial crises, leverage, local projections, recessions

22.

Business Cycles in International Historical Perspective

Number of pages: 43 Posted: 31 Oct 1999 Last Revised: 17 Nov 2021
Susanto Basu, Susanto Basu and Alan M. Taylor
National Bureau of Economic Research (NBER)Boston College, College of Arts and Sciences, Department of Economics and University of California, Davis - Department of Economics
Downloads 100 (333,302)
Citation 4

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23.

Financial Crises, Credit Booms, and External Imbalances: 140 Years of Lessons

Number of pages: 43 Posted: 06 Dec 2010 Last Revised: 09 Oct 2021
Oscar Jorda, Moritz Schularick and Alan M. Taylor
Federal Reserve Banks - Federal Reserve Bank of San Francisco, University of Bonn - Department of Economics and University of California, Davis - Department of Economics
Downloads 97 (339,939)
Citation 45

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24.

Financial Instability, Reserves, and Central Bank Swap Lines in the Panic of 2008

Number of pages: 23 Posted: 29 Mar 2009 Last Revised: 04 Jan 2021
Maurice Obstfeld, Jay Shambaugh and Alan M. Taylor
University of California, Berkeley, Dartmouth College - Department of Economics and University of California, Davis - Department of Economics
Downloads 93 (349,094)
Citation 12

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25.

Sovereigns Versus Banks: Credit, Crises and Consequences

Institute for New Economic Thinking Working Paper Series No. 3
Number of pages: 43 Posted: 27 Mar 2015
Oscar Jorda, Moritz Schularick and Alan M. Taylor
Federal Reserve Banks - Federal Reserve Bank of San Francisco, University of Bonn - Department of Economics and University of California, Davis - Department of Economics
Downloads 89 (358,875)

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26.

The Great Mortgaging: Housing Finance, Crises, and Business Cycles

Number of pages: 48 Posted: 09 Oct 2014
Òscar Jordà, Moritz Schularick and Alan M. Taylor
Federal Reserve Banks - Federal Reserve Bank of San Francisco, University of Bonn - Department of Economics and University of California, Davis - Department of Economics
Downloads 89 (358,875)
Citation 1

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leverage, recessions, mortgage lending, financial crises, business cycles, local projections

27.

A Century of Purchasing-Power Parity

Number of pages: 22 Posted: 18 Nov 2000 Last Revised: 24 Nov 2021
Alan M. Taylor
University of California, Davis - Department of Economics
Downloads 87 (363,947)
Citation 6

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Monetary Sovereignty, Exchange Rates, and Capital Controls: The Trilemma in the Interwar Period

Number of pages: 43 Posted: 13 May 2004 Last Revised: 26 Nov 2021
Maurice Obstfeld, Alan M. Taylor and Jay Shambaugh
University of California, Berkeley, University of California, Davis - Department of Economics and Dartmouth College - Department of Economics
Downloads 62 (445,323)

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Monetary Sovereignty, Exchange Rates, and Capital Controls: The Trilemma in the Interwar Period

Number of pages: 45 Posted: 18 May 2004
Maurice Obstfeld, Jay Shambaugh and Alan M. Taylor
University of California, Berkeley, Dartmouth College - Department of Economics and University of California, Davis - Department of Economics
Downloads 20 (670,423)
Citation 4
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Trilemma, exchange rates, monetary policy

29.

Currency Carry Trades

Number of pages: 29 Posted: 25 Oct 2010 Last Revised: 29 Aug 2021
Travis J. Berge, Oscar Jorda and Alan M. Taylor
Board of Governors of the Federal Reserve System, Federal Reserve Banks - Federal Reserve Bank of San Francisco and University of California, Davis - Department of Economics
Downloads 80 (382,769)
Citation 2

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30.

International Capital Mobility in History: The Saving-Investment Relationship

Number of pages: 54 Posted: 24 Oct 1996 Last Revised: 12 Sep 2021
Alan M. Taylor
University of California, Davis - Department of Economics
Downloads 80 (382,769)

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31.

When Credit Bites Back: Leverage, Business Cycles and Crises

Institute for New Economic Thinking Working Paper Series No. 20
Number of pages: 42 Posted: 29 Oct 2015
Oscar Jorda, Moritz Schularick and Alan M. Taylor
Federal Reserve Banks - Federal Reserve Bank of San Francisco, University of Bonn - Department of Economics and University of California, Davis - Department of Economics
Downloads 79 (385,544)
Citation 12

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32.

The Great Depression as a Watershed: International Capital Mobility Over the Long Run

Number of pages: 67 Posted: 20 Jun 2000 Last Revised: 16 Oct 2021
Maurice Obstfeld and Alan M. Taylor
University of California, Berkeley and University of California, Davis - Department of Economics
Downloads 79 (385,544)
Citation 5

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33.

Three Phases of Argentine Economic Growth

Number of pages: 35 Posted: 08 Mar 2000 Last Revised: 02 Sep 2021
Alan M. Taylor
University of California, Davis - Department of Economics
Downloads 79 (385,544)

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34.

Betting the House

Number of pages: 43 Posted: 16 Jan 2015
Oscar Jorda, Moritz Schularick and Alan M. Taylor
Federal Reserve Banks - Federal Reserve Bank of San Francisco, University of Bonn - Department of Economics and University of California, Davis - Department of Economics
Downloads 76 (394,128)
Citation 3

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house prices, monetary policy, financial crises

Zombies at Large? Corporate Debt Overhang and the Macroeconomy

Number of pages: 46 Posted: 08 Dec 2020
Federal Reserve Banks - Federal Reserve Bank of San Francisco, World Bank, University of Bonn - Department of Economics and University of California, Davis - Department of Economics
Downloads 67 (427,510)

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corporate debt, business cycles, local projections

Zombies at Large? Corporate Debt Overhang and the Macroeconomy

Number of pages: 49 Posted: 23 Dec 2020
Federal Reserve Banks - Federal Reserve Bank of San Francisco, University of Bonn, University of Bonn - Department of Economics and University of California, Davis - Department of Economics
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Citation 3
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36.
Downloads 67 (422,168)
Citation 21

Betting the House

HKIMR Working Paper No.31/2014
Number of pages: 48 Posted: 02 Jan 2015
Òscar Jordà, Moritz Schularick and Alan M. Taylor
Federal Reserve Banks - Federal Reserve Bank of San Francisco, University of Bonn - Department of Economics and University of California, Davis - Department of Economics
Downloads 37 (556,740)
Citation 1

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Financial Crises, Monetary Policy, Leverage, Credit, House Prices, Local Projections, Instrumental Variables

Betting the House

Number of pages: 43 Posted: 22 Dec 2014 Last Revised: 29 Aug 2021
Òscar Jordà, Moritz Schularick and Alan M. Taylor
Federal Reserve Banks - Federal Reserve Bank of San Francisco, University of Bonn - Department of Economics and University of California, Davis - Department of Economics
Downloads 30 (597,954)
Citation 1

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37.

The Rise and Fall of World Trade, 1870-1939

Number of pages: 42 Posted: 16 Nov 2002 Last Revised: 19 Jun 2021
Antoni Estevadeordal, Brian Frantz and Alan M. Taylor
Inter-American Development Bank (IADB), United States Agency for International Development and University of California, Davis - Department of Economics
Downloads 61 (442,708)
Citation 18

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38.

The Total Risk Premium Puzzle

Number of pages: 56 Posted: 19 Mar 2019 Last Revised: 29 Aug 2021
Òscar Jordà, Moritz Schularick and Alan M. Taylor
Federal Reserve Banks - Federal Reserve Bank of San Francisco, University of Bonn - Department of Economics and University of California, Davis - Department of Economics
Downloads 59 (449,966)

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39.
Downloads 59 (449,966)
Citation 12

Trade and Uncertainty

Number of pages: 54 Posted: 25 Jun 2014
Dennis Novy and Alan M. Taylor
University of Warwick - Department of Economics and University of California, Davis - Department of Economics
Downloads 33 (579,678)

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uncertainty shock, trade collapse, inventory, real options, imports, intermediates

Trade and Uncertainty

Number of pages: 54 Posted: 03 Mar 2014
Dennis Novy and Alan M. Taylor
University of Warwick - Department of Economics and University of California, Davis - Department of Economics
Downloads 25 (632,341)

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Trade and Uncertainty

Number of pages: 56 Posted: 02 Jun 2014
Dennis Novy and Alan M. Taylor
University of Warwick - Department of Economics and University of California, Davis - Department of Economics
Downloads 1 (837,405)
Citation 7
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Imports, Intermediates, Inventory, Real options, Trade collapse, Uncertainty shock

Losing Our Marbles in the New Century? The Great Rebalancing in Historical Perspective

Number of pages: 57 Posted: 18 Oct 2006 Last Revised: 17 Nov 2021
Christopher M. Meissner and Alan M. Taylor
University of Cambridge - Faculty of Economics and Politics and University of California, Davis - Department of Economics
Downloads 38 (551,434)
Citation 2

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Losing Our Marbles in the New Century? The Great Rebalancing in Historical Perspective

Number of pages: 59 Posted: 29 Dec 2006
Christopher M. Meissner and Alan M. Taylor
University of Cambridge - Faculty of Economics and Politics and University of California, Davis - Department of Economics
Downloads 21 (662,689)
Citation 2
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Current account adjustment, exorbitant privilege, global imbalances, return differentials

Sovereign Risk, Credibility and the Gold Standard: 1870-1913 Versus 1925-31

Number of pages: 48 Posted: 21 Nov 2002 Last Revised: 30 Oct 2010
Maurice Obstfeld and Alan M. Taylor
University of California, Berkeley and University of California, Davis - Department of Economics
Downloads 39 (546,046)

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Sovereign Risk, Credibility and the Gold Standard: 1870-1913 Versus 1925-31

Number of pages: 50 Posted: 29 Jan 2003
Maurice Obstfeld and Alan M. Taylor
University of California, Berkeley and University of California, Davis - Department of Economics
Downloads 19 (678,363)
Citation 11
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Gold standard, sovereign risk, credibility, monetary regimes, exchange rates

42.

Bank Capital Redux: Solvency, Liquidity, and Crisis

Number of pages: 75 Posted: 27 Mar 2017 Last Revised: 29 Aug 2021
Federal Reserve Banks - Federal Reserve Bank of San Francisco, Universitat Pompeu Fabra, University of Bonn - Department of Economics and University of California, Davis - Department of Economics
Downloads 57 (457,455)
Citation 1

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43.

Global Finance after the Crisis

Bank of England Quarterly Bulletin 2010 Q4
Number of pages: 12 Posted: 26 Dec 2010
Alan M. Taylor
University of California, Davis - Department of Economics
Downloads 55 (464,910)
Citation 1

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44.

When Credit Bites Back: Leverage, Business Cycles, and Crises

Number of pages: 42 Posted: 24 Nov 2011 Last Revised: 29 Aug 2021
Òscar Jordà, Moritz Schularick and Alan M. Taylor
Federal Reserve Banks - Federal Reserve Bank of San Francisco, University of Bonn - Department of Economics and University of California, Davis - Department of Economics
Downloads 54 (468,683)
Citation 26

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The Monetary Consequences of a Free Trade Area of the Americas

Number of pages: 45 Posted: 10 May 2003 Last Revised: 31 May 2021
Barry Eichengreen and Alan M. Taylor
University of California, Berkeley and University of California, Davis - Department of Economics
Downloads 36 (562,401)
Citation 1

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The Monetary Consequences of a Free Trade Area of the Americas

Number of pages: 51 Posted: 22 Jul 2003
Barry Eichengreen and Alan M. Taylor
University of California, Berkeley and University of California, Davis - Department of Economics
Downloads 18 (686,255)
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Regional trade arrangements, exchange rates

46.

Domestic Saving and International Capital Flows Reconsidered

Number of pages: 37 Posted: 16 May 2000 Last Revised: 16 May 2021
Alan M. Taylor
University of California, Davis - Department of Economics
Downloads 54 (468,683)
Citation 4

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47.

Stuck on Gold: Real Exchange Rate Volatility and the Rise and Fall of the Gold Standard

Number of pages: 32 Posted: 29 Nov 2006 Last Revised: 25 Sep 2021
Natalia Chernyshoff, David S. Jacks and Alan M. Taylor
affiliation not provided to SSRN, Simon Fraser University (SFU) - Department of Economics and University of California, Davis - Department of Economics
Downloads 52 (476,649)

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48.

Finance and Development in an Emerging Market: Argentina and the Interwar Period

Number of pages: 29 Posted: 29 Aug 2000 Last Revised: 07 Oct 2010
Gerardo della Paolera and Alan M. Taylor
American University of Paris and University of California, Davis - Department of Economics
Downloads 52 (476,649)

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49.

On the Costs of Inward-Looking Development: Historical Perspectives on Price Distortions, Growth, and Divergence in Latin American from 1930s - 1980s

Number of pages: 43 Posted: 27 Feb 1997 Last Revised: 06 Nov 2021
Alan M. Taylor
University of California, Davis - Department of Economics
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50.
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Citation 2

The Long-Run Effects of Monetary Policy

Number of pages: 73 Posted: 02 Mar 2020
Òscar Jordà, Sanjay R. Singh and Alan M. Taylor
Federal Reserve Banks - Federal Reserve Bank of San Francisco, University of California, Davis and University of California, Davis - Department of Economics
Downloads 38 (551,434)
Citation 2

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monetary policy, money neutrality, hysteresis, trilemma, instrumental vari- ables, local projections

The Long-Run Effects of Monetary Policy

Number of pages: 72 Posted: 22 Jan 2020 Last Revised: 12 Nov 2021
Òscar Jordà, Sanjay R. Singh and Alan M. Taylor
Federal Reserve Banks - Federal Reserve Bank of San Francisco, University of California, Davis and University of California, Davis - Department of Economics
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The Long-Run Effects of Monetary Policy

Number of pages: 74 Posted: 29 Jan 2020 Last Revised: 21 Sep 2020
Òscar Jordà, Sanjay R. Singh and Alan M. Taylor
Federal Reserve Banks - Federal Reserve Bank of San Francisco, University of California, Davis and University of California, Davis - Department of Economics
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hysteresis, instrumental vari- ables, local projections, monetary policy, money neutrality, trilemma

51.

Argentina and the World Capital Market: Saving, Investment, and International Capital Mobility in the Twentieth Century

Number of pages: 42 Posted: 13 Jul 2000 Last Revised: 22 Sep 2021
Alan M. Taylor
University of California, Davis - Department of Economics
Downloads 50 (484,880)

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Measuring Market Integration: Foreign Exchange Arbitrage and the Gold Standard, 1879-1913

Number of pages: 36 Posted: 06 Jul 2004 Last Revised: 03 Jun 2021
Deloitte Touche Tohmatsu - Washington, D.C. Office, Howrey, Simon, Arnold & White - The CapAnalysis Group and University of California, Davis - Department of Economics
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Citation 5

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Measuring Market Integration: Foreign Exchange Arbitrage and the Gold Standard, 1879-1913

Number of pages: 38 Posted: 07 Sep 2004
Deloitte Touche Tohmatsu - Washington, D.C. Office, Howrey, Simon, Arnold & White - The CapAnalysis Group and University of California, Davis - Department of Economics
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Market integration, gold points, dollar, sterling

53.
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Citation 29

Longer-Run Economic Consequences of Pandemics

Number of pages: 22 Posted: 06 Apr 2020 Last Revised: 29 Aug 2021
Òscar Jordà, Sanjay R. Singh and Alan M. Taylor
Federal Reserve Banks - Federal Reserve Bank of San Francisco, University of California, Davis and University of California, Davis - Department of Economics
Downloads 48 (502,113)
Citation 3

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Longer-Run Economic Consequences of Pandemics

Number of pages: 24 Posted: 08 May 2020 Last Revised: 16 Aug 2020
Òscar Jordà, Sanjay R. Singh and Alan M. Taylor
Federal Reserve Banks - Federal Reserve Bank of San Francisco, University of California, Davis and University of California, Davis - Department of Economics
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Citation 27
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depressions, local projections, Natural rate, Pandemics, Real interest rate, wars

54.

Gaucho Banking Redux

Number of pages: 36 Posted: 31 Jan 2003 Last Revised: 05 Nov 2021
Gerardo della Paolera and Alan M. Taylor
American University of Paris and University of California, Davis - Department of Economics
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55.

Latin America and Foreign Capital in the Twentieth Century: Economics, Politics, and Institutional Change

Number of pages: 29 Posted: 09 Jan 2000 Last Revised: 16 Sep 2021
Alan M. Taylor
University of California, Davis - Department of Economics
Downloads 48 (493,251)

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International Monetary Relations: Taking Finance Seriously

Number of pages: 44 Posted: 05 Jun 2017 Last Revised: 19 Jul 2021
Maurice Obstfeld and Alan M. Taylor
International Monetary Fund (IMF) and University of California, Davis - Department of Economics
Downloads 46 (511,464)

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International Monetary Relations: Taking Finance Seriously

Number of pages: 46 Posted: 05 Jun 2017
Maurice Obstfeld and Alan M. Taylor
International Monetary Fund (IMF) and University of California, Davis - Department of Economics
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Citation 4
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financial stability, international monetary system, macroeconomic stability, trilemma

57.

A Century of Missing Trade?

Number of pages: 22 Posted: 17 May 2001 Last Revised: 08 Sep 2021
Antoni Estevadeordal and Alan M. Taylor
Inter-American Development Bank (IADB) and University of California, Davis - Department of Economics
Downloads 46 (502,059)
Citation 2

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58.

Leveraged Bubbles

Number of pages: 36 Posted: 25 Aug 2015 Last Revised: 17 Sep 2021
Òscar Jordà, Moritz Schularick and Alan M. Taylor
Federal Reserve Banks - Federal Reserve Bank of San Francisco, University of Bonn - Department of Economics and University of California, Davis - Department of Economics
Downloads 45 (506,448)
Citation 3

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59.

Nonlinear Aspects of Goods-Market Arbitrage and Adjustment: Heckscher&Apos;S Commodity Points Revisited

Number of pages: 48 Posted: 20 Jul 2000 Last Revised: 05 Oct 2010
Maurice Obstfeld and Alan M. Taylor
University of California, Berkeley and University of California, Davis - Department of Economics
Downloads 45 (506,448)
Citation 2

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60.

The Great Mortgaging: Housing Finance, Crises, and Business Cycles

HKIMR Working Paper No.25/2014
Number of pages: 46 Posted: 25 Sep 2014
Oscar Jorda, Moritz Schularick and Alan M. Taylor
Federal Reserve Banks - Federal Reserve Bank of San Francisco, University of Bonn - Department of Economics and University of California, Davis - Department of Economics
Downloads 44 (510,920)
Citation 2

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Leverage, Recessions, Mortgage Lending, Financial Crises, Business Cycles, Local Projections

61.
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Citation 15

Credit, Financial Stability, and the Macroeconomy

Number of pages: 43 Posted: 23 Mar 2015 Last Revised: 24 Mar 2015
Alan M. Taylor
University of California, Davis - Department of Economics
Downloads 42 (530,667)
Citation 4

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Credit, Financial Stability, and the Macroeconomy

Number of pages: 44 Posted: 01 Apr 2015
Alan M. Taylor
University of California, Davis - Department of Economics
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Citation 5
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banks, financial crisis, financial history, leverage, macroeconomic history, macroprudential policy, monetary policy, recessions

Credit, Financial Stability, and the Macroeconomy

Posted: 07 Aug 2015
Alan M. Taylor
University of California, Davis - Department of Economics

Abstract:

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62.

Australian Growth: A California Perspective

Number of pages: 32 Posted: 06 Aug 2001 Last Revised: 24 Jun 2021
Ian W. McLean and Alan M. Taylor
University of Adelaide - Centre for International Economic Studies (CIES) and University of California, Davis - Department of Economics
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The Harrod-Balassa-Samuelson Hypothesis: Real Exchange Rates and Their Long-Run Equilibrium

Number of pages: 31 Posted: 05 Apr 2010 Last Revised: 11 Nov 2021
Yanping Chong, Oscar Jorda and Alan M. Taylor
Winona State University - Department of Economics, Federal Reserve Banks - Federal Reserve Bank of San Francisco and University of California, Davis - Department of Economics
Downloads 39 (546,046)
Citation 2

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The Harrod-Balassa-Samuelson Hypothesis: Real Exchange Rates and Their Long-Run Equilibrium

Number of pages: 33 Posted: 19 Jul 2010
Yanping Chong, Oscar Jorda and Alan M. Taylor
Winona State University - Department of Economics, Federal Reserve Banks - Federal Reserve Bank of San Francisco and University of California, Davis - Department of Economics
Downloads 3 (813,400)
Citation 2
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cointegration, Harrod-Balassa-Samuelson hypothesis, local projections, panel data

64.

A Century of Current Account Dynamics

Number of pages: 26 Posted: 09 May 2002 Last Revised: 24 Nov 2021
Alan M. Taylor
University of California, Davis - Department of Economics
Downloads 41 (524,832)
Citation 4

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Monetary versus Macroprudential Policies Causal Impacts of Interest Rates and Credit Controls in the Era of the UK Radcliffe Report

Bank of England Working Paper No. 610
Number of pages: 59 Posted: 23 Aug 2016
David Aikman, Oliver Bush, Oliver Bush and Alan M. Taylor
Bank of England - Monetary Assessment and Strategy Division, London School of Economics & Political Science (LSE)Bank of England and University of California, Davis - Department of Economics
Downloads 28 (611,220)

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Monetary policy, macroprudential policy, credit controls

Monetary Versus Macroprudential Policies: Causal Impacts of Interest Rates and Credit Controls in the Era of the UK Radcliffe Report

Number of pages: 42 Posted: 07 Jul 2016 Last Revised: 27 Aug 2021
David Aikman, Oliver Bush, Oliver Bush and Alan M. Taylor
Bank of England - Monetary Assessment and Strategy Division, London School of Economics & Political Science (LSE)Bank of England and University of California, Davis - Department of Economics
Downloads 12 (735,994)

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Monetary Versus Macroprudential Policies: Causal Impacts of Interest Rates and Credit Controls in the Era of the UK Radcliffe Report

Number of pages: 45 Posted: 27 Jun 2016 Last Revised: 19 Nov 2018
David Aikman, Oliver Bush, Oliver Bush and Alan M. Taylor
Bank of England - Monetary Assessment and Strategy Division, London School of Economics & Political Science (LSE)Bank of England and University of California, Davis - Department of Economics
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credit controls, macroprudential policy, monetary policy

66.

Growth and Convergence in the Asia-Pacific Region: On the Role of Openness, Trade and Migration

Number of pages: 45 Posted: 03 Sep 2000 Last Revised: 03 Jun 2021
Alan M. Taylor
University of California, Davis - Department of Economics
Downloads 40 (529,644)

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67.

Latifundia as Malefactor in Economic Development? Scale, Tenancy, and Agriculture on the Pampas, 1880-1914

Number of pages: 38 Posted: 01 Sep 1997 Last Revised: 08 Oct 2021
Alan M. Taylor
University of California, Davis - Department of Economics
Downloads 40 (529,644)

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68.

Potential Pitfalls for the Purchasing-Power-Parity Puzzle? Sampling and Specification Biases in Mean-Reversion Tests of the Law of One Price

Number of pages: 30 Posted: 06 May 2000 Last Revised: 16 Sep 2021
Alan M. Taylor
University of California, Davis - Department of Economics
Downloads 39 (534,494)
Citation 1

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69.

International Capital Mobility in History: Purchasing-Power Parity in the Long Run

Number of pages: 42 Posted: 31 Oct 1996 Last Revised: 11 Sep 2021
Alan M. Taylor
University of California, Davis - Department of Economics
Downloads 39 (534,494)

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70.

International Trade and Finance Under the Two Hegemons: Complementaries in the United Kingdom 1870-1913 and the United States 1920-30

Number of pages: 40 Posted: 02 Oct 2006 Last Revised: 11 Apr 2021
Alan M. Taylor and Janine Wilson
University of California, Davis - Department of Economics and University of California, Davis - Department of Economics
Downloads 38 (539,541)
Citation 3

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71.

Foreign Capital in Latin America in the Nineteenth and Twentieth Centuries

Number of pages: 53 Posted: 27 Mar 2003 Last Revised: 07 Mar 2021
Alan M. Taylor
University of California, Davis - Department of Economics
Downloads 38 (539,541)

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72.

Measuring Market Integration: A Model of Arbitrage with an Econometric Application to the Gold Standard, 1879-1913

Number of pages: 37 Posted: 09 Feb 1998 Last Revised: 07 Aug 2021
Gauri Prakash-Canjels and Alan M. Taylor
Howrey, Simon, Arnold & White - The CapAnalysis Group and University of California, Davis - Department of Economics
Downloads 38 (539,541)
Citation 1

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73.

Macrofinancial History and the New Business Cycle Facts

Number of pages: 57 Posted: 17 Oct 2016 Last Revised: 29 Aug 2021
Òscar Jordà, Moritz Schularick and Alan M. Taylor
Federal Reserve Banks - Federal Reserve Bank of San Francisco, University of Bonn - Department of Economics and University of California, Davis - Department of Economics
Downloads 37 (544,532)
Citation 9

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74.

The Time for Austerity: Estimating the Average Treatment Effect of Fiscal Policy

Number of pages: 45 Posted: 06 Sep 2013 Last Revised: 29 Aug 2021
Òscar Jordà and Alan M. Taylor
Federal Reserve Banks - Federal Reserve Bank of San Francisco and University of California, Davis - Department of Economics
Downloads 34 (560,358)
Citation 1

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75.

Sources of Convergence in the Late Nineteenth Century

Number of pages: 33 Posted: 03 Oct 1999 Last Revised: 14 Nov 2021
Alan M. Taylor
University of California, Davis - Department of Economics
Downloads 34 (560,358)
Citation 2

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76.

Peopling the Pampa: On the Impact of Mass Migration to the River Plate, 1870-1914

Number of pages: 42 Posted: 08 Mar 2000 Last Revised: 10 Sep 2021
Alan M. Taylor
University of California, Davis - Department of Economics
Downloads 32 (571,291)
Citation 2

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77.

Capital Flows to the New World as an Intergenerational Transfer

Number of pages: 42 Posted: 29 Dec 2006 Last Revised: 05 Aug 2021
Alan M. Taylor and Jeffrey G. Williamson
University of California, Davis - Department of Economics and Harvard University - Department of Economics, Laird Bell Professor of Economics, Emeritus
Downloads 31 (576,901)
Citation 1

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78.
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Citation 15

Global Financial Cycles and Risk Premiums

Number of pages: 58 Posted: 13 Jun 2018 Last Revised: 29 Aug 2021
Federal Reserve Banks - Federal Reserve Bank of San Francisco, University of Bonn - Department of Economics, University of California, Davis - Department of Economics and Max Planck Society for the Advancement of the Sciences - Max Planck Institute for Economics
Downloads 29 (604,495)
Citation 1

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Global Financial Cycles and Risk Premiums

Number of pages: 60 Posted: 05 Jun 2018
Federal Reserve Banks - Federal Reserve Bank of San Francisco, University of Bonn - Department of Economics, University of California, Davis - Department of Economics and Max Planck Society for the Advancement of the Sciences - Max Planck Institute for Economics
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Citation 10
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asset prices, equity return premium, financial centers, financial cycles, policy spillovers

79.

"Convergence in the Age of Mass Migration"

Number of pages: 52 Posted: 18 May 2011 Last Revised: 17 Nov 2021
Alan M. Taylor and Jeffrey G. Williamson
University of California, Davis - Department of Economics and Harvard University - Department of Economics, Laird Bell Professor of Economics, Emeritus
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Citation 4

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80.

The Global 1970s and the Echo of the Great Depression

Number of pages: 26 Posted: 09 Nov 2009 Last Revised: 15 Oct 2021
Alan M. Taylor
University of California, Davis - Department of Economics
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81.

Internal Versus External Convertibility and Developing-Country Financialcrises: Lessons from the Argentine Bank Bailout of the 1930&Apos;S

Number of pages: 37 Posted: 08 Feb 2000 Last Revised: 08 Sep 2021
Gerardo della Paolera and Alan M. Taylor
American University of Paris and University of California, Davis - Department of Economics
Downloads 30 (582,664)

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82.

Economic Recovery from the Argentine Great Depression: Institutions, Expectations, and the Change of Macroeconomic Regime

Number of pages: 42 Posted: 08 Aug 2012 Last Revised: 30 Jun 2021
Gerardo della Paolera and Alan M. Taylor
American University of Paris and University of California, Davis - Department of Economics
Downloads 29 (588,652)
Citation 2

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83.

Convergence and International Factor Flows in Theory and History

Number of pages: 37 Posted: 04 Aug 2000 Last Revised: 06 Nov 2021
Alan M. Taylor
University of California, Davis - Department of Economics
Downloads 29 (588,652)

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Disasters Everywhere: The Costs of Business Cycles Reconsidered

Number of pages: 31 Posted: 18 May 2020
Òscar Jordà, Moritz Schularick and Alan M. Taylor
Federal Reserve Banks - Federal Reserve Bank of San Francisco, University of Bonn - Department of Economics and University of California, Davis - Department of Economics
Downloads 21 (662,689)

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fluctuations, asymmetry, local projections, random coefficients, macroprudential policy

Disasters Everywhere: The Costs of Business Cycles Reconsidered

Number of pages: 36 Posted: 13 Apr 2020 Last Revised: 18 Nov 2021
Òscar Jordà, Moritz Schularick and Alan M. Taylor
Federal Reserve Banks - Federal Reserve Bank of San Francisco, University of Bonn - Department of Economics and University of California, Davis - Department of Economics
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Disasters Everywhere: The Costs of Business Cycles Reconsidered

Number of pages: 39 Posted: 08 May 2020 Last Revised: 16 Aug 2020
Òscar Jordà, Moritz Schularick and Alan M. Taylor
Federal Reserve Banks - Federal Reserve Bank of San Francisco, University of Bonn - Department of Economics and University of California, Davis - Department of Economics
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Citation 2
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Asymmetry, Fluctuations, local projections, macroprudential policy, Random coefficients

85.

Sovereigns Versus Banks: Credit, Crises, and Consequences

Number of pages: 43 Posted: 05 Oct 2013 Last Revised: 20 Oct 2021
Òscar Jordà, Moritz Schularick and Alan M. Taylor
Federal Reserve Banks - Federal Reserve Bank of San Francisco, University of Bonn - Department of Economics and University of California, Davis - Department of Economics
Downloads 28 (594,834)
Citation 5

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Luddites and the Demographic Transition

Number of pages: 40 Posted: 17 Nov 2008 Last Revised: 31 Jul 2021
Kevin H. O'Rourke, Ahmed Rahman and Alan M. Taylor
University of Dublin, Trinity College, United States Naval Academy and University of California, Davis - Department of Economics
Downloads 24 (639,786)

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Luddites and the Demographic Transition

Number of pages: 42 Posted: 18 Dec 2008
Kevin H. O'Rourke, Ahmed Rahman and Alan M. Taylor
University of Dublin, Trinity College, United States Naval Academy and University of California, Davis - Department of Economics
Downloads 4 (804,463)
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demography, endogenous growth, unified growth theory

The Leverage Factor: Credit Cycles and Asset Returns

Number of pages: 21 Posted: 11 Nov 2019 Last Revised: 25 Sep 2021
Josh Davis and Alan M. Taylor
Pacific Investment Management Company (PIMCO) and University of California, Davis - Department of Economics
Downloads 25 (632,341)

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The Leverage Factor: Credit Cycles and Asset Returns

Number of pages: 24 Posted: 04 Dec 2019
Josh Davis and Alan M. Taylor
Pacific Investment Management Company (PIMCO) and University of California, Davis - Department of Economics
Downloads 2 (824,094)
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asset allocation, Asset Pricing, Cycles, debt, leverage, return predictability

Made in America? The New World, the Old, and the Industrial Revolution

Number of pages: 26 Posted: 12 Jun 2008 Last Revised: 20 Jun 2021
Gregory Clark, Kevin H. O'Rourke and Alan M. Taylor
University of California, Davis - Department of Economics, University of Dublin, Trinity College and University of California, Davis - Department of Economics
Downloads 19 (678,363)
Citation 1

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Made in America? The New World, the Old, and the Industrial Revolution

Number of pages: 28 Posted: 17 Jun 2008
Gregory Clark, Kevin H. O'Rourke and Alan M. Taylor
University of California, Davis - Department of Economics, University of Dublin, Trinity College and University of California, Davis - Department of Economics
Downloads 8 (770,375)
Citation 3
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British Industrial Revolution, colonies, Great Divergence, growth, specialisation, trade

89.
Downloads 25 (614,158)
Citation 3

Number of pages: 35 Posted: 24 Feb 2014 Last Revised: 15 Jun 2020
Alan M. Taylor
University of California, Davis - Department of Economics
Downloads 24 (639,786)
Citation 1

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The Argentina Paradox: Microexplanations and Macropuzzles

Number of pages: 36 Posted: 02 Jun 2014
Alan M. Taylor
University of California, Davis - Department of Economics
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Citation 2
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divergence, finance, growth, institutions, Latin America, policies, trade

The Growing Dependence of Britain on Trade During the Industrial Revolution

Number of pages: 35 Posted: 24 Feb 2014 Last Revised: 13 Jun 2021
Gregory Clark, Kevin O'Rourke and Alan M. Taylor
University of California, Davis - Department of Economics, University of Oxford and University of California, Davis - Department of Economics
Downloads 24 (639,786)
Citation 1

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The Growing Dependence of Britain on Trade During the Industrial Revolution

Number of pages: 37 Posted: 02 Jun 2014
Gregory Clark, Kevin O'Rourke and Alan M. Taylor
University of California, Davis - Department of Economics, University of Oxford and University of California, Davis - Department of Economics
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Citation 1
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British Industrial Revolution, colonies, Great Divergence, growth, specialization, trade

Tariff Reductions, Entry, and Welfare: Theory and Evidence for the Last Two Decades

Number of pages: 62 Posted: 07 Dec 2015
Yale University - School of Management, University of California, Davis - Department of Economics, University of Chicago - Booth School of Business and University of California, Davis - Department of Economics
Downloads 24 (639,786)
Citation 4

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Tariff Reductions, Entry, and Welfare: Theory and Evidence for the Last Two Decades

Number of pages: 65 Posted: 01 Dec 2015 Last Revised: 16 Jun 2020
Yale University - School of Management, University of California, Davis - Department of Economics, University of Chicago - Booth School of Business and University of California, Davis - Department of Economics
Downloads 0
Citation 1
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bilateralism, gains from trade, input- output linkages, monopolistic competition, multilateralism, trade policy

92.

Performance Evaluation of Zero Net-Investment Strategies

Number of pages: 42 Posted: 20 Jun 2011 Last Revised: 12 Nov 2021
Oscar Jorda and Alan M. Taylor
Federal Reserve Banks - Federal Reserve Bank of San Francisco and University of California, Davis - Department of Economics
Downloads 24 (621,030)
Citation 1

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The Future of International Liquidity and the Role of China

Number of pages: 27 Posted: 09 Feb 2013 Last Revised: 17 Oct 2021
Alan M. Taylor
University of California, Davis - Department of Economics
Downloads 21 (662,689)

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The Future of International Liquidity and the Role of China

Number of pages: 28 Posted: 01 Feb 2013
Alan M. Taylor
University of California, Davis - Department of Economics
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China, international reserves, precautionary saving, renminbi, reserve currency, Triffin paradox

The Future of International Liquidity and the Role of China

Journal of Applied Corporate Finance, Vol. 25, Issue 2, pp. 86-94, 2013
Number of pages: 11 Posted: 13 Sep 2013
Alan M. Taylor
University of California, Davis - Department of Economics
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94.

Testing Trade Theory in Ohlin&Apos;S Time

Number of pages: 31 Posted: 23 Mar 2002 Last Revised: 30 Aug 2021
Antoni Estevadeordal and Alan M. Taylor
Inter-American Development Bank (IADB) and University of California, Davis - Department of Economics
Downloads 23 (627,895)

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95.
Downloads 20 (649,065)
Citation 1

Trade, Technology, and the Great Divergence

Number of pages: 50 Posted: 15 Apr 2019 Last Revised: 01 Nov 2021
Kevin O'Rourke, Ahmed Rahman and Alan M. Taylor
University of Oxford, Lehigh University - Department of Economics and University of California, Davis - Department of Economics
Downloads 18 (686,255)

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Trade, Technology, and the Great Divergence

Number of pages: 52 Posted: 16 Apr 2019 Last Revised: 06 May 2020
Kevin O'Rourke, Alan M. Taylor and Ahmed Rahman
University of Oxford, University of California, Davis - Department of Economics and United States Naval Academy
Downloads 2 (824,094)
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"North-South" model, "West-East" model, demog- raphy, education, Endogenous Growth, Fertility, industrial revolution, skill premium, Unified growth theory

96.

Sovereign Debt in Latin America, 1820-1913

Number of pages: 43 Posted: 08 Sep 2012 Last Revised: 05 Sep 2021
Gerardo della Paolera and Alan M. Taylor
American University of Paris and University of California, Davis - Department of Economics
Downloads 19 (656,257)

Abstract:

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97.

The Trilemma in History: Trade-Offs Among Exchange Rates, Monetary Policies and Capital Mobility

Number of pages: 45 Posted: 18 May 2004
Maurice Obstfeld, Jay Shambaugh and Alan M. Taylor
University of California, Berkeley, Dartmouth College - Department of Economics and University of California, Davis - Department of Economics
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Citation 1
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Trilemma, exchange rates, monetary policy

The Murder-Suicide of the Rentier: Population Aging and the Risk Premium

Number of pages: 34 Posted: 06 Apr 2020 Last Revised: 18 Nov 2021
Joseph Kopecky, Joseph Kopecky and Alan M. Taylor
Trinity College DublinTrinity College (Dublin) - Department of Economics and University of California, Davis - Department of Economics
Downloads 15 (710,479)
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The Murder-Suicide of the Rentier: Population Aging and the Risk Premium

Number of pages: 37 Posted: 08 May 2020 Last Revised: 16 Aug 2020
Joseph Kopecky, Joseph Kopecky and Alan M. Taylor
Trinity College DublinTrinity College (Dublin) - Department of Economics and University of California, Davis - Department of Economics
Downloads 0
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demographics, Life-Cycle Model, OLG model, Rates of return, risky assets, safe assets, secular stagnation

The Natural Rate Puzzle: Global Macro Trends and the Market-Implied R

Number of pages: 43 Posted: 16 Dec 2019 Last Revised: 29 Jul 2021
Josh Davis, Cristian Fuenzalida and Alan M. Taylor
Pacific Investment Management Company (PIMCO), Pacific Investment Management Company (PIMCO) and University of California, Davis - Department of Economics
Downloads 14 (718,974)

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The Natural Rate Puzzle: Global Macro Trends and the Market-Implied R

Number of pages: 41 Posted: 14 Jan 2020
Josh Davis, Cristian Fuenzalida and Alan M. Taylor
Pacific Investment Management Company (PIMCO), Pacific Investment Management Company (PIMCO) and University of California, Davis - Department of Economics
Downloads 1 (837,405)
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affine models, Bond risk premia, Inflation expectations, Natural rate of interest, term structure

Precaution Versus Mercantilism: Reserve Accumulation, Capital Controls, and the Real Exchange Rate

Number of pages: 60 Posted: 25 Apr 2017 Last Revised: 11 Oct 2021
Woo Jin Choi, Woo Jin Choi and Alan M. Taylor
Korea Development InstituteUniversity of Virginia - Department of Economics and University of California, Davis - Department of Economics
Downloads 14 (718,974)

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Precaution versus Mercantilism: Reserve Accumulation, Capital Controls, and the Real Exchange Rate

Number of pages: 63 Posted: 21 Apr 2017
Woo Jin Choi, Woo Jin Choi and Alan M. Taylor
Korea Development InstituteUniversity of Virginia - Department of Economics and University of California, Davis - Department of Economics
Downloads 1 (837,405)
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capital controls, economic growth, Financial crises, International Reserves, real exchange rates, Trade

After the Panic: Are Financial Crises Demand or Supply Shocks? Evidence from International Trade

Number of pages: 76 Posted: 30 Apr 2019 Last Revised: 04 Jan 2021
Felipe Benguria and Alan M. Taylor
University of Kentucky - Gatton College of Business and Economics and University of California, Davis - Department of Economics
Downloads 14 (718,974)

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After the Panic: Are Financial Crises Demand or Supply Shocks? Evidence from International Trade

Number of pages: 79 Posted: 07 May 2019
Felipe Benguria and Alan M. Taylor
University of Kentucky - Gatton College of Business and Economics and University of California, Davis - Department of Economics
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Deleveraging, exports, financial crises, Imports, local projections

102.

Credit Booms Gone Bust: Monetary Policy, Leverage Cycles and Financial Crises, 1870-2008

Number of pages: 40 Posted: 11 Jan 2010
Moritz Schularick and Alan M. Taylor
University of Bonn - Department of Economics and University of California, Davis - Department of Economics
Downloads 14 (693,263)
Citation 130
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banking, central banking, financial stability, liquidity, monetary policy

103.

International Trade and Finance Under the Two Hegemons: Complementarities in the United Kingdom (1870-1913) and the United States (1920-1930)

Number of pages: 41 Posted: 16 Nov 2006
Alan M. Taylor and Janine Wilson
University of California, Davis - Department of Economics and University of California, Davis - Department of Economics
Downloads 13 (701,062)
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International investment, international trade, complementarities

104.

The Effects of Quasi-Random Monetary Experiments

Number of pages: 44 Posted: 23 Jan 2017 Last Revised: 29 Aug 2021
Òscar Jordà, Moritz Schularick and Alan M. Taylor
Federal Reserve Banks - Federal Reserve Bank of San Francisco, University of Bonn - Department of Economics and University of California, Davis - Department of Economics
Downloads 12 (708,887)

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105.

Stuck on Gold: Real Exchange Rate Volatility and the Rise and Fall of the Gold Standard, 1870-1939

Number of pages: 40 Posted: 11 Apr 2006
Alan M. Taylor, Natalia Chernyshoff and David S. Jacks
University of California, Davis - Department of Economics, affiliation not provided to SSRN and Simon Fraser University (SFU) - Department of Economics
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Gold standard

106.

Zombies at Large? Corporate Debt Overhang and the Macroeconomy

Number of pages: 46 Posted: 19 Jan 2021 Last Revised: 18 Nov 2021
Federal Reserve Banks - Federal Reserve Bank of San Francisco, University of Bonn, University of Bonn - Department of Economics and University of California, Davis - Department of Economics
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107.
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Citation 1

Decomposing the Fiscal Multiplier

Number of pages: 53 Posted: 06 Apr 2020 Last Revised: 18 Nov 2021
James Cloyne, James Cloyne, Òscar Jordà and Alan M. Taylor
University of California, DavisBank of England - Monetary Analysis, Federal Reserve Banks - Federal Reserve Bank of San Francisco and University of California, Davis - Department of Economics
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Decomposing the Fiscal Multiplier

Number of pages: 44 Posted: 08 May 2020
James Cloyne, James Cloyne, Òscar Jordà and Alan M. Taylor
University of California, DavisBank of England - Monetary Analysis, Federal Reserve Banks - Federal Reserve Bank of San Francisco and University of California, Davis - Department of Economics
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balance, Blinder-Oaxaca decomposition, Fiscal policy, identification, interest rates, local projections, State-Dependence

108.
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Citation 2

Riders on the Storm

Number of pages: 48 Posted: 18 Sep 2019 Last Revised: 07 Oct 2021
Òscar Jordà and Alan M. Taylor
Federal Reserve Banks - Federal Reserve Bank of San Francisco and University of California, Davis - Department of Economics
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Riders on the Storm

Number of pages: 50 Posted: 07 Oct 2019
Òscar Jordà and Alan M. Taylor
Federal Reserve Banks - Federal Reserve Bank of San Francisco and University of California, Davis - Department of Economics
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Citation 2
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Kalman filter, monetary policy stance, neutral rate of interest, state-space model

109.

The Total Risk Premium Puzzle

Number of pages: 59 Posted: 27 Mar 2019
Oscar Jorda, Moritz Schularick and Alan M. Taylor
Federal Reserve Banks - Federal Reserve Bank of San Francisco, University of Bonn - Department of Economics and University of California, Davis - Department of Economics
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Citation 1
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Consumption-based asset pricing, Equity premium, housing premium, risk aversion

110.

Leveraged Bubbles

Number of pages: 37 Posted: 27 Aug 2015
Oscar Jorda, Moritz Schularick and Alan M. Taylor
Federal Reserve Banks - Federal Reserve Bank of San Francisco, University of Bonn - Department of Economics and University of California, Davis - Department of Economics
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Citation 21
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bank lending, boom, bust, crises, debt overhang, local projections

111.

When Credit Bites Back: Leverage, Business Cycles, and Crises

Number of pages: 39 Posted: 22 Dec 2011
Oscar Jorda, Moritz Schularick and Alan M. Taylor
Federal Reserve Banks - Federal Reserve Bank of San Francisco, University of Bonn - Department of Economics and University of California, Davis - Department of Economics
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Citation 106
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business cycles, financial crises, leverage, local projections

112.

Bank Capital Redux: Solvency, Liquidity, and Crisis

Number of pages: 78 Posted: 27 Mar 2017 Last Revised: 16 Aug 2020
Federal Reserve Banks - Federal Reserve Bank of San Francisco, Universitat Pompeu Fabra, University of Bonn - Department of Economics and University of California, Davis - Department of Economics
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Citation 5
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bank liabilities, capital ratio, crisis prediction, financial crises, local projections, macroprudential regulation, Risk Taking

A Second-Best Argument for Low Optimal Tariffs

Number of pages: 56 Posted: 27 Jan 2021 Last Revised: 18 Nov 2021
Yale University, University of California, Davis - Department of Economics, University of Chicago - Booth School of Business and University of California, Davis - Department of Economics
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A Second-Best Argument for Low Optimal Tariffs

Number of pages: 58 Posted: 11 Feb 2021
Yale University, University of California, Davis - Department of Economics, University of Chicago - Booth School of Business and University of California, Davis - Department of Economics
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114.
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The Gravitational Constant?

Number of pages: 39 Posted: 14 Oct 2020 Last Revised: 18 Nov 2021
Simon Fraser University (SFU) - Department of Economics, New York University (NYU) - New York University Abu Dhabi and University of California, Davis - Department of Economics
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The Gravitational Constant?

Number of pages: 42 Posted: 03 Nov 2020
Simon Fraser University (SFU) - Department of Economics, New York University (NYU) - New York University Abu Dhabi and University of California, Davis - Department of Economics
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distance, Empire, Gravity

115.

Current Accounts and Global Adjustment: The Long and Short of it

Journal of Applied Corporate Finance, Vol. 23, No. 1, pp. 32-42, 2011