RECENT  

 Jordà, Singh & Taylor “Longer-run Economic Consequences of Pandemics”   w26934.pdf    

Review of Economics & Statistics Forthcoming

• • • Covered by Financial Times, Barron's, Sydney Morning Herald, SeekingAlpha, and Bloomberg 

    • Summary at VoxEU

Kopecky & Taylor “The Murder-Suicide of the Rentier: Population Aging and the Risk Premium”   w26943.pdf

• • • Covered by Financial Times

Jordà, Singh & Taylor “The Long-Run Effects of Monetary Policy”   w26666.pdf

• • • Covered by  Financial Times

FEDERAL RESERVE BANK OF KANSAS CITY ECONOMIC SYMPOSIUM, JACKSON HOLE 2019

Jordà & Taylor “Riders on the Storm" Paper

NOBEL SYMPOSIUM ON MONEY AND BANKING, STOCKHOLM 2018

Alan Taylor “Indebtedness of governments, firms, and households”

Video    Slides    Text

JORDÀ-SCHULARICK-TAYLOR MACROHISTORY DATABASE  

DATA      Release 4, May 2019: http://www.macrohistory.net/data/

 • See: Jordà, Schularick & Taylor “Macrofinancial History and the New Business Cycle Facts” NBER Macroeconomics Annual   w22743.pdf

• See: Jordà, Knoll, Kuvshinov, Schularick & Taylor “The Rate of Return on Everything, 1870–2015" Quarterly Journal of Economics w24112.pdf

SELECTED RECENT PUBLICATIONS 

NEW    Journal of International Economics Forthcoming    

Choi & Taylor “Precaution Versus Mercantilism: Reserve Accumulation, Capital Controls, and the Real Exchange Rate”   w23341.pdf

NEW    Management Science Forthcoming    

Davis & Taylor “The Leverage Factor: Credit Cycles and Asset Returns”   w26435.pdf

NEW    Review of Financial Studies 2022

Jordà, Kornejew, Schularick, and Taylor “Zombies at Large? Corporate Debt Overhang and the Macroeconomy”    w28197.pdf

NEW    Handbook of International Economics vol. 6 2022

Sufi, Taylor “Financial Crises: A Survey”  w29155.pdf

NEW    Review of Economic Studies 2021

Jordà, Richter, Schularick & Taylor “Bank Capital Redux: Solvency, Liquidity, and Crisis”   w23287.pdf

American Economic Review: Insights 2020   

Benguria & Taylor “After the Panic: Are Financial Crises Demand or Supply Shocks? Evidence from International Trade”   w25790.pdf

Quarterly Journal of Economics 2019

Jordà, Knoll, Kuvshinov, Schularick & Taylor “The Rate of Return on Everything, 1870–2015" w24112.pdf

• Link to the complete merged online dataset: http://www.macrohistory.net/data/

• Link to the QJE-only replication files: https://dataverse.harvard.edu/

Journal of Monetary Economics 2020

Jordà, Schularick & Taylor “The Effects of Quasi-Random Monetary Experiments”   w23074.pdf

• Link to the Trilemma IV data:  JSTtrilemmaIV.csv

Economic Journal 2016

Jordà & Taylor “The Time for Austerity: Estimating the Average Treatment Effect of Fiscal Policy”     w19414.pdf

Journal of Economic Perspectives 2013

O’Rourke & Taylor “Cross of Euros”     jep.27.3.167

Journal of Money, Credit and Banking 2013

Jordà, Schularick & Taylor “When Credit Bites Back”   w17621.pdf

American Economic Review 2012

Schularick & Taylor “Credit Booms Gone Bust: Monetary Policy, Leverage Cycles and Financial Crises, 1870–2008”   w15512.pdf  

• Online dataset: CreditBoomsAER_data_replication

RECENT WORKING PAPERS

NEW    Caliendo, Feenstra, Romalis, Taylor “A Second-best Argument for Low Optimal Tariffs”     w28380.pdf

NEW    Jacks, O’Rourke, and Taylor “The Gravitational Constant?”    w27904.pdf

NEW    Jordà, Schularick & Taylor “Disasters Everywhere: The Costs of Business Cycles Reconsidered”   w26962.pdf

NEW    Cloyne, Jordà & Taylor “Decomposing the Fiscal Multiplier”   w26939.pdf

NEW    Kopecky & Taylor “  The Murder-Suicide of the Rentier: Population Aging and the Risk Premium”   w26943.pdf

NEW    Jordà, Singh & Taylor “The Long-Run Effects of Monetary Policy”   w26666.pdf

NEW    Davis, Fuenzalida & Taylor “The Natural Rate Puzzle: Global Macro Trends and the Market-Implied r*”   w26560.pdf

O'Rourke, Rahman & Taylor “Trade, Technology, and the Great Divergence”   w25741.pdf

Jordà, Schularick & Taylor, “The Total Risk Premium Puzzle,” w25653.pdf

Aikman, Bush & Taylor “Monetary Versus Macroprudential Policies: Causal Impacts of Interest Rates and Credit Controls in the Era of the UK Radcliffe Report”   w22380.pdf

Caliendo, Feenstra, Romalis & Taylor “Tariff Reductions, Entry, and Welfare: Theory and Evidence for the Last Two Decades”   w21768.pdf