NOBEL SYMPOSIUM ON MONEY AND BANKING

VIDEO Stockholm, May 2018: Nobel Symposium: Alan Taylor, Indebtedness of governments, firms, and households

SLIDES Download

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


RECENT RESEARCH

NEW Quarterly Journal of Economics Forthcoming

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/


NEW Review of Economics and Statistics Forthcoming

Novy & Taylor “Trade and Uncertainty” w19941.pdf


NEW Journal of Monetary Economics Forthcoming

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

• Link to the Trilemma IV data: JSTtrilemmaIV.csv


NEW IMF Economic Review Forthcoming

Jordà, Schularick, Taylor & Ward, “Global Financial Cycles and Risk Premiums,” w24677.pdf


NEW Journal of Economic Perspectives 2017

Obstfeld & Taylor “International Monetary Relations: Taking Finance Seriously” jep.31.3.3


Journal of the European Economic Association 2016

Jordà, Schularick & Taylor “Sovereigns versus Banks: Credit, Crises and Consequences" w19506.pdf


Economic Journal 2016

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

Economic Policy 2016

Jordà, Schularick & Taylor “The Great Mortgaging: Housing Finance, Crises, and Business Cycles” w20501.pdf


Journal of Monetary Economics 2015

Jordà, Schularick & Taylor “Leveraged Bubbles” w21486.pdf


Annual Review of Economics 2015

Taylor “Credit, Financial Stability, and the Macroeconomy” w21039.pdf


Journal of International Economics 2015

Jordà, Schularick & Taylor “Betting the House” w20771.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 Benguria & Taylor “After the Panic: Are Financial Crises Demand or Supply Shocks? Evidence from International Trade” w25790.pdf


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


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


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


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