Recent Research


NOBEL SYMPOSIUM ON MONEY AND BANKING, MAY 2018, STOCKHOLM

VIDEO Nobel Symposium Alan Taylor Indebtedness of governments, firms, and households


NEW Quarterly Journal of Economics Forthcoming

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


NEW Journal of Monetary Economics Forthcoming

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


NEW Journal of Economic Perspectives 2017

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


JORDÀ-SCHULARICK-TAYLOR MACROHISTORY DATABASE

Online dataset: http://www.macrohistory.net/data/

Cite as: NBER Macroeconomics Annual 2016

Jordà, Schularick & Taylor “Macrofinancial History and the New Business Cycle Facts” w22743.pdf


NEW Journal of the European Economic Association 2016

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


NEW Economic Journal 2016

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

NEW Economic Policy 2016

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


NEW 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: Download



Recent Working Papers


NEW Jordà, Schularick, Taylor & Ward, 2018, Global Financial Cycles and Risk Premiums, w24677.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


NEW 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


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


Novy & Taylor “Trade and Uncertainty” w19941.pdf