Working Papers

Some papers have since been published with revisions. For information, consult my c.v. or published papers.

W = NBER Working Paper Series,
H = NBER Working Paper Series on Historical Factors in Long Run Growth

No.

Date

Author(s)

Download

Title

W21486

03/15

Taylor

w21486.pdf

Leveraged Bubbles

W21039

03/15

Taylor

w21039.pdf

Credit, Financial Stability, and the Macroeconomy

W20771

12/14

Jordà, Schularick & Taylor

w20771.pdf

Betting the House

W20501

09/14

Jordà, Schularick & Taylor

w20501.pdf

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

W19941

02/14

Novy & Taylor

w19941.pdf

Trade and Uncertainty

W19926

02/14

Clark, O’Rourke & Taylor

w19926.pdf

The Growing Dependence of Britain on Trade during the Industrial Revolution

W19924

02/14

Taylor

w19924.pdf

The Argentina Paradox: Microexplanations and Macropuzzles

W19506

10/13

Jordà, Schularick & Taylor

w19506.pdf

Sovereigns versus Banks: Credit, Crises, and Consequences

W19414

09/13

Jordà & Taylor

w19414.pdf

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

W18771

02/13

Taylor

w18771.pdf

The Future of International Liquidity and the Role of China

W18606

12/12

Taylor

w18606.pdf

External Imbalances and Financial Crises

W18363

09/12

della Paolera & Taylor

w18363.pdf

Sovereign Debt in Latin America, 1820–1913

W18290

08/12

Taylor

w18290.pdf

The Great Leveraging

W17621

11/11

Jordà, Schularick & Taylor

w17621.pdf

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

W17150

06/11

Jordà & Taylor

w17150.pdf

Performance Evaluation of Zero Net-Investment Strategies

W16567

12/10

Jordà, Schularick & Taylor

w16567.pdf

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

W16491

04/10

Berge, Jordà & Taylor

w16491.pdf

Currency Carry Trades

W15868

11/09

Chong, Jordà & Taylor

w15868.pdf

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

W15518

11/09

Jordà & Taylor

w15518.pdf

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

W15512

11/09

Schularick & Taylor

w15512.pdf

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

W15475

11/09

Taylor

w15475.pdf

The Global 1970s and the Echo of the Great Depression

W14826

03/09

Obstfeld, Shambaugh & Taylor

w14826.pdf

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

W14484

11/08

O’Rourke, Rahman & Taylor

w14484.pdf

Luddites and the Demographic Transition

W14264

08/08

Estevadeordal & Taylor

w14264.pdf

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

W14217

08/08

Obstfeld, Shambaugh & Taylor

w14217.pdf

Financial Stability, the Trilemma, and International Reserves

W14077

06/08

Clark, O’Rourke & Taylor

w14077.pdf

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

W13057

04/07

O’Rourke, Rahman & Taylor

w13057.pdf

Trade, Knowledge, and the Industrial Revolution

W12580

10/06

Meissner & Taylor

w12580.pdf

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

W12543

09/06

Taylor & Wilson

w12543.pdf

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

W12250

05/06

O'Rourke & Taylor

w12250.pdf

Democracy and Protectionism

W11795

11/05

Chernyshoff, Jacks, & Taylor

w11795.pdf

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

W11565

08/05

Glick & Taylor

w11565.pdf

Collateral Damage: Trade Disruption and the Economic Impact of War

W10607

06/04

Taylor & Taylor

w10607.pdf

The Purchasing Power Parity Debate

W10583

06/04

Canjels, Prakash-Canjels & Taylor

w10583.pdf

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

W10569

06/04

Bergin, Glick & Taylor

w10569.pdf

Productivity, Tradability, and the Long-Run Price Puzzle

W10396

03/04

Obstfeld, Shambaugh & Taylor

w10396.pdf

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

W10393

03/04

Obstfeld, Shambaugh & Taylor

w10393.pdf

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

W9666

05/03

Eichengreen & Taylor

w9666.pdf

The Monetary Consequences of a Free Trade Area of the Americas

W9580

03/03

Taylor

w9580.pdf

Foreign Capital in Latin America in the Nineteenth and Twentieth Centuries

W9457

11/02

della Paolera & Taylor

w9457.pdf

Gaucho Banking Redux

W9345

11/02

Obstfeld & Taylor

w9345.pdf

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

W9326

11/02

Taylor

w9326.pdf

Globalization, Trade, and Development: Some Lessons from History

W9318

11/02

Estevadeordal, Frantz & Taylor

w9318.pdf

The Rise and Fall of World Trade, 1870-1939

W8927

05/02

Taylor

w8927.pdf

A Century of Current Account Dynamics

W8846

03/02

Obstfeld & Taylor

w8846.pdf

Globalization and Capital Markets

W8842

03/02

Estevadeordal & Taylor

w8842.pdf

Testing Trade Theory in Ohlin's Time

W8408

08/01

McLean & Taylor

w8408.pdf

Australian Growth: A Californian Perspective

W8301

05/01

Estevadeordal & Taylor

w8301.pdf

A Century of Missing Trade?

W8012

11/00

Taylor

w8012.pdf

A Century of Purchasing-Power Parity

W7577

03/00

Taylor

w7577.pdf

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

W7394

10/99

Taylor

w7394.pdf

Latin America And Foreign Capital In The Twentieth Century: Economics, Politics, And Institutional Change

W7386

10/99

della Paolera & Taylor

w7386.pdf

Internal Versus External Convertibility and Developing-Country Financial Crises: Lessons from the Argentine Bank Bailout of the 1930s

W7090

10/98

Basu & Taylor

w7090.pdf

Business Cycles in International Historical Perspective

W6767

10/98

della Paolera & Taylor

w6767.pdf

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

W6302

12/97

Taylor

w6302.pdf

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

W6236

10/97

della Paolera & Taylor

w6236.pdf

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

W6073

06/97

Prakash & Taylor

w6073.pdf

Measuring Market Integration: A Model of Arbitrage with an Econometric Application to the Gold Standard, 1880-1913

W6053

06/97

Obstfeld & Taylor

w6053.pdf

Nonlinear Aspects of Goods-Market Arbitrage and Adjustment: Heckscher's Commodity Points Revisited

W5960

03/97

Obstfeld & Taylor

w5960.pdf

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

H0096

03/97

Taylor

h0096.pdf

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

W5798

10/96

Taylor

w5798.pdf

Convergence and International Factor Flows in Theory and History

W5806

10/96

Taylor

w5806.pdf

Sources of Convergence in the Late Nineteenth Century

W5743

09/96

Taylor

w5743.pdf

International Capital Mobility in History: The Saving-Investment Relationship

W5742

09/96

Taylor

w5742.pdf

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

W5432

01/96

Taylor

w5432.pdf

On the Costs of Inward-Looking Development: Price Distortions, Growth, and Divergence in Latin America

W5276

09/95

Taylor

w5276.pdf

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

H0068

05/95

Taylor

h0068.pdf

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

W4892

10/94

Taylor

w4892.pdf

Domestic Saving and International Capital Flows Reconsidered

H0060

10/94

Taylor

h0060.pdf

Three Phases of Argentine Economic Growth

W4711

04/94

Taylor & Williamson

w4711.pdf

Convergence in the Age of Mass Migration

H0046

05/93

O'Rourke, Taylor & Williamson

h0046.pdf

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

H0032

12/91

Taylor & Williamson

h0032.pdf

Capital Flows to the New World as an Intergenerational Transfer