Distinguished Professor of Economics and FinanceDepartment of EconomicsGraduate School of ManagementUniversity of California, Davis
Research AssociateNational Bureau of Economic Research
Research FellowCentre for Economic Policy Research
AddressDepartment of EconomicsUniversity of CaliforniaDavis CA 95616amtaylor@ucdavis.edu
More@GoogleScholar @Wikipedia@NBER @CEPR @IDEAS @SSRN

RECENT MEDIA

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

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

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


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 RESEARCH

NEW Review of Economic Studies Forthcoming

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


NEW American Economic Review: Insights Forthcoming

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


NEW 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/


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 2019

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


Journal of Economic Perspectives 2017

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


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

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

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

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