Some links to already published material are to slightly older versions from the NBER working paper series. Please contact me if you do not have access to this series and would like a copy for personal use or would like a copy of the final version of something you see below.
RECENT WRITINGS (also listed by subject below)
What's Driving the
Trade Collapse? A Vox EU post on the Great Depression and the recent
trade bust.
Trade Booms, Trade Busts and Trade Costs with David
Jacks and Dennis Novy. NBER working paper 15267.
Foreign Currency Debt, Financial Crises and Economic Growth: A Long Run View
On the Looting of Nations
(revised April 2009) with Erwin Bulte, Mare Sarr,
and Tim Swanson.
Sudden
Stops: Determinants and Output Effects in the First Era of Globalization,
1880-1913
(forthcoming in the Journal of Development Economics)
with Michael D. Bordo and Alberto Cavallo
Riding
the Wave of Trade: Explaining the Rise of Labor Regulation in the Golden Age
of Globalization with Michael Huberman
INTERNATIONAL TRADE
Trade Booms, Trade Busts and Trade Costs with David Jacks and Dennis Novy. NBER working paper 15267.
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An extension of this paper to the Trade Bust of 2008-09 titled What's Driving the Trade Collapse? can be found at Vox EU
Trade Costs, 1870-2000 with David Jacks and Dennis Novy (2008) American Economic Review Papers and Proceedings 98(2). pp. 529-534.
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There is a short summary on Vox EU and our work was also mentioned in the Financial Times.
Trade Costs, 1870-1913
with David Jacks and Dennis Novy. NBER working paper 12602 (forthcoming)
Explorations in Economic History
Exchange Rate
Regimes and International Trade: Evidence from the Classical Gold Standard
Era, 1870-1913 with J. Ernesto López Córdova. (2003)
American Economic Review vol. 93
(1) March pp. 344-353.
FINANCIAL CRISES
Sudden Stops: Determinants and Output Effects in the First Era of Globalization, 1880-1913 (forthcoming in the Journal of Development Economics) with Michael D. Bordo and Alberto Cavallo
Can a bank crisis break your heart? with David Stuckler, and Lawrence King Globalization and Health. We show that banking crises are related to increases in death rates from heart disease.
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Press coverage from the Financial Times, BBC, Daily Telegraph, The Guardian, FT Alphaville, Maclean's, AFP and other blogs. David Stuckler also appeared on CNBC Europe Tonight
Financial Crises, 1880-1913: The
Role of Foreign Currency Debt with Michael D. Bordo (2007) in Sebastian
Edwards, Gerardo Esquivel, and Graciela Márquez eds.
The Decline of Latin American
Economies: Growth, Institutions, and Crises pp. 139-194.
EXCHANGE RATE REGIMES
Sample
Selection for Durations with Time-Varying Covariates and the Duration of Exchange Rate Regimes with Frederick J. Boehmke
(coming soon)
Why do Countries Peg the Way they Peg? The Determinants of Anchor Currency Choice with Nienke Oomes (2009) Journal of International Money and Finance 28 (3) pp. 522-547.
INTERNATIONAL CAPITAL FLOWS/DEBT
Sudden Stops: Determinants and Output Effects in the First Era of Globalization, 1880-1913 (forthcoming in the Journal of Development Economics) with Michael D. Bordo and Alberto Cavallo
Foreign Capital and Economic Growth with Michael D. Bordo (in progress)
Economic Growth
Foreign Capital
and Economic Growth: A Long-Run Comparative Perspective with Michael D.
Bordo and David Stuckler (in progress)
Identifying the Effects of an Exchange Rate Depreciation on Country Risk: Evidence from a Natural Experiment with Michael D. Bordo and Marc Weidenmier (2009) Journal of International Money and Finance 28 (6) pp. 1022-1044.
Losing our Marbles in the New
Century? The Great Rebalancing in Historical Perspective with Alan M.
Taylor (2008) conference volume from the Federal Reserve Bank of
Boston conference on Global Imbalances held in Chatham, Mass. June 2006.
(also NBER working paper 12580, CEPR discussion paper 5917)
How
‘Original Sin’ Was Overcome: The Evolution of External Debt Denominated in
Domestic Currencies in the United States and the British Dominions 1800-2000”
(2005) with Michael Bordo and Angela Redish in
Other People’s Money:
Debt Denomination and Financial Instability in Emerging Market Economies.
Barry Eichengreen and Ricardo Hausmann eds. pp. 122-153.
POLITICAL ECONOMY
The Globalization of Trade and Democracy, 1870-2000 with J. Ernesto López Córdova (2008) World Politics 60(4) pp. 539-575 (Lead article).
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A brief blog post summarizing our arguments: Trade Matters for Democracy: A Reminder for G-20 Leaders A post for VOX EU.
On the Looting of Nations with Erwin Bulte, Mare Sarr, and Tim Swanson.
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A short summary appeared on Vox EU 27 September, 2008
Labor Standards and Trade in the 19th Century with Michael Huberman (submitted)
GROUP DECISION MAKING
Voting Rules and the Success of
Connected Lending in Nineteenth Century
BOOK REVIEWS ETC.
Review of Jeffry
Frieden Global Capitalism: Its Fall
and Rise in the Twentieth Century (2007)
Journal of International Economics
vol. 71 (2) pp. 523-525.
Review of
Feldstein, Martin (ed.) Economic and
Financial Crises in Emerging Market Economies. (2005)
Journal of Contingencies and Crisis
Management vol 13 (1) pp. 35-36
“Prices and
Inflation” (2005) History of World
Trade since 1450. John J. McCusker editor.
Macmillan Reference.
“The Gold
Standard” (2003)
Review of
James, Harold, ed. in collaboration with Elisabeth Müller-Luckner,
The Interwar Depression in an
International Context and Parker, Randall E.
Reflections on the Great Depression.
International History Review
September 2003.
Review for
eh.net of Battles for the Standard:
Bimetallism and the Spread of the Gold Standard in the Nineteenth Century,
by Ted Wilson.