Alan M. Taylor
Alan M. Taylor | |
---|---|
Born | Wakefield, West Riding of Yorkshire, England | 15 November 1964
Nationality | British/American |
Academic career | |
Institution | Columbia University |
Field | Macroeconomics International economics Financial economics Monetary economics Economic history |
School or tradition | Economics |
Alma mater | King's College, Cambridge (BA) Harvard University (PhD) |
Awards | |
Information at IDEAS / RePEc |
Alan M. Taylor (born 15 November 1964) is an economist and professor at Columbia University. He is also a Research Associate at the National Bureau of Economic Research and a Research Fellow at the Centre for Economic Policy Research.[2]
Early life and career
Born and raised in Yorkshire, Taylor attended Queen Elizabeth Grammar School, Wakefield, and went up to King's College, Cambridge, on an Open Scholarship. In the Mathematical Tripos he graduated as a
Research and publications
Taylor has written or edited 10 books, and more than 80 journal articles, on problems in international economics, trade, finance, growth and macroeconomics, often in combination with his other major field of economic history. He has been a lecturer/visitor with central banks and international organizations, served on many editorial boards, held multiple grants from the National Science Foundation, and has been funded by other grant making bodies, including the Institute for New Economic Thinking. He is the author, with Robert Feenstra, of the widely used textbook International Economics (Worth Publishers).[4]
Economic history of Argentina
In the 1990s Taylor made contributions to Argentine economic history, starting with his thesis research which was awarded the Gerschenkron Prize by the Economic History Association. His work focused on long-term real and financial factors in slow development after 1914, and he challenged the conventional view that relative divergence began only after 1945 in the Perón era and later. He went on to collaborate extensively with Gerardo della Paolera, with whom he wrote several papers, published one book (Straining at the Anchor, University of Chicago Press[5]), and one edited volume (A New Economic History of Argentina, Cambridge University Press[6]). Their work was recognized with the Cole Prize by the Economic History Association.
The trilemma
In the mid-1990s Taylor began a fruitful collaboration with Obstfeld tackling the evolution of global financial integration and macroeconomics in the very long run. Their work was recognized with the Sanwa Prize and published in several articles and a book (Global Capital Markets, Cambridge University Press[7]). In 1997, Obstfeld and Taylor were the first to introduce the now-standard term "trilemma" into economics, which is used to describe the macroeconomic policy tradeoff between fixed exchange rates, open capital markets, and monetary policy autonomy.[8] In work with Jay Shambaugh, they developed the first methods to empirically validate this central, yet hitherto untested, hypothesis in international macroeconomics.[9]
Economics of exchange rates
Since the late 1990s Taylor has a strand of work focusing on
Credit, financial crises, and the macroeconomy
Taylor's work since the
References
- ^ Conference on "Globalization in an Age of Crisis: Multilateral Economic Cooperation in the Twenty-First Century," Bank of England, London, 15 and 16 September 2011
- ^ Alan M. Taylor's page at UC Davis. Retrieved 2013-12-02.
- ^ https://pimco.com/en-eu/experts/alan-taylor. Retrieved 2023-05-28.
- ^ Alan M. Taylor's CV. Retrieved 2013-12-02.
- ^ Straining at the Anchor: The Argentine Currency Board and the Search for Macroeconomic Stability, 1880–1935, University of Chicago Press & NBER.. Retrieved 2012-12-20.
- ^ A New Economic History of Argentina, Cambridge University Press.. Retrieved 2012-12-20.
- ^ Global Capital Markets: Integration, Crisis, and Growth, Cambridge University Press.. Retrieved 2012-12-20.
- ISBN 978-0-226-06589-2.
- S2CID 6786669.
- ^ Vox.EU, "Credit Booms Go Wrong," December 2009.. Retrieved 2012-12-20.
- ^ Vox.EU, "Fact-checking financial recessions," October 2012. Archived 2012-12-13 at the Wayback Machine. Retrieved 2012-12-20.
External links
- Alan M. Taylor's page at the University of California, Davis
- Alan M. Taylor publications indexed by Google Scholar
- "Alan M. Taylor". JSTOR.