NBER Working Papers
- The Price of Stability: The balance sheet policy of the Banque de France and the Gold Standard (1880-1914), (with G. Bazot and E. Monnet) October 2014
- Tales from the Bretton Woods, July 2014
- The Real Exchange Rate in the Long Run: Balassa-Samuelson Effects Reconsidered, (with Ehsan U. Choudhri, Giorgio Fazio and Ronald MacDonald), June 2014
- What Explains House Price Booms?: History and Empirical Evidence, (with John Landon-Lane), October 2013.
- Does Expansionary Monetary Policy Cause Asset Price Booms; Some Historical and Empirical Evidence, (with John Landon-Lane), October 2013
- The European Crisis in the Context of the History of Previous Financial Crises, (with Harold James), June 2013
- Putting the 'System' in the International Monetary System (with Angela Redish), May 2013
- Not Just the Great Contraction: Friedman and Schwartz's A Monetary History of the United States 1867 to 1960, (with Hugh Rockoff). February 2013
- Deep Recessions, Fast Recoveries, and Financial Crises: Evidence from the American Record (with Joseph G. Haubrich), June 2012.
- Epilogue: Foreign-Exchange-Market Operations in the Twenty-First Century. (with Owen Humpage and Anna J. Schwartz) April 2012
- Does Inequality Lead to a Financial Crisis? (with C. Meissner) March 2012
- Reserves and Baskets (with Harold James). October 2011
- The Federal Reserve as an Informed Foreign Exchange Trader: 1973 – 1995 (with Owen F. Humpage and Anna J. Schwartz). September 2011
- A Fiscal Union for the Euro: Some Lessons from History (with Agnieszka Markiewicz and Lars Jonung). September 2011
- Why didn’t Canada have a banking crisis in 2008 (or in 1930, or 1907, or ...)? (with Angela Redish and Hugh Rockof). August 2011
- The Influence of Irving Fisher on Milton Friedman’s Monetary Economics (with Hugh Rockoff) August 2011
- Historical Evidence on the Finance-Trade-Growth Nexus (with Peter L. Rousseau) . May 2011
- U.S. Intervention During the Bretton Woods Era: 1962-1973 (With Owen F. Humpage and Anna J. Schwartz). April 2011
- The Promise and Performance of the Federal Reserve as Lender of Last Resort 1914-1933 (with David C. Wheelock). February 2011
- U.S. Foreign-Exchange-Market Intervention and the Early Dollar Float: 1973 – 1981 (with Owen F. Humpage, Anna J. Schwartz) NBER Working Paper No. 16647, December 2010
- The Global Financial Crisis of 2007-08: Is it Unprecedented? (with John S. Landon-Lane). NBER Working Paper No. 16589, December 2010
- The Lessons from the Banking Panics in the United States in the 1930s for the Financial Crisis of 2007-2008 (with John Landon-Lane). NBER Working Paper No. 16365, September 2010
- U.S. Foreign-Exchange-Market Intervention during the Volcker-Greenspan Era (with Owen F. Humpage and Anna J. Schwartz) NBER Working Paper No. 16345, September 2010
- International Business Cycle Synchronization in Historical Perspective (with Thomas F. Helbling). NBER Working Paper No. 16103, June 2010
- Global shocks, economic growth and financial crises: 120 years of New Zealand experience (with David Hargreaves and Mizuho Kida), NBER Working Paper, May 2010.
- A Long Term Perspective on the Euro. NBER Working Paper 13815, January 2008.
- Sudden Stops: Determinants and Output Effects in the First Era of Globalization, 1880-1913. NBER Working Paper 13489, October 2007.
- Growing up to Financial Stability, NBER Working Paper 12993, March 2007.
- Three Great American Disinflations (with Christopher Erceg, Andrew Levin and Ryan Michaels), NBER Working Paper 12982, March 2007.
- The Historical Origins of U.S. Exchange Market Intervention Policy (with Owen Humpage and Anna J. Schwartz), NBER Working Paper 12662, November 2006.
- David Laidler on Monetarism (with Anna J. Schwartz), NBER Working Paper 12593, October 2006.
- Swiss Exchange Rate Policy in the 1930s. Was the Delay in Devaluation Too High a Price to Pay for Conservatism? (with Thomas Helbling and Harold James), NBER Working Paper No. 12491, August 2006.
- Sudden Stops, Financial Crises, and Original Sin in Emerging Countries: Déjà vu? , NBER Working Paper No. 12393, July 2006.
- Currency Mismatches, Default Risk, and Exchange Rate Depreciation: Evidence from the End of Bimetallism (with Christopher Meissner and Marc Weidenmier). NBER Working Paper No. 12299, June 2006.
- One World Money, Then and Now (with Harold James) NBER Working Paper No. 12189, May 2006.
- Legal-Political Factors and the Historical Evolution of the Finance-Growth Link (with Peter L. Rousseau) NBER Working Paper No. 12035 February 2006
- The Role of Foreign Currency Debt in Financial Crises: 1880-1913 vs. 1972-1997 (with Christopher Meissner) NBER Working Paper No. 11897 December 2005
- Review of A History of the Federal Reserve. Volume 1 (2003) (with Allan H. Meltzer) NBER Working Paper No. 11714 October 2005
- Seventy Years of Central Banking: The Bank of Canada in International Context, 1935-2005 NBER Working Paper No. 11586 August 2005
- Historical Perspective on Global Imbalances NBER Working Paper No11383 May 2005
- Financial Crises, 1880-1913: The Role of Foreign Currency Debt (with Christopher Meissner) NBER Working Paper No11173, March 2005
- Keeping Capital Flowing: The Role of the IMF (with Ashoka Mody and Nienke Oomes) NBER Working Paper No10834, October 2004
- Deflation and Monetary Policy in a Historical Perspective: Remembering the Past or Being Condemned to Repeat It? (with Andrew Filardo) NBER Working Paper No10833, October 2004
- Monetary Policy and Asset Prices: A Look Back at Past U.S. Stock Market Booms (with David C. Wheelock) NBER Working Paper No10704, August 2004
- The Yield Curve, Recessions and the Credibility of the Monetary Regime: Long Run Evidence 1875-1997 (with Joseph G Haubrich) NBER Working Paper No10431, April 2004
- Good versus Bad Deflation: Lessons from the Gold Standard Era (with John Landon-Lane and Angela Redish) NBER Working Paper No10329, Feb 2004
- Gold, Fiat Money, and Price Stability (with Robert D. Dittmar and William Gavin) NBER Working Paper No. 10171, December 2003
- Have National Business Cycles Become More Synchronized? (with Thomas Helbling) NBER Working Paper No. 10130, December 2003
- Is deflation depressing? Evidence from the Classical Gold Standard (with Angela Redish) NBER Working Paper No 9520, March 2003.
- Boom-Busts in Asset Prices, Economic Instability, and Monetary Policy NBER Working Paper No 8966, May 2002
- Globalization and Changing Patterns in the International Transmission of Shocks in Financial Markets (with Antu Panini Murshid) NBER Working Paper No 9019, June 2002
- Charles Goodhart's Contributions to the History of Monetary Institutions (with Anna J.Schwartz) NBER Working Paper No 8717, January 2002
- Crises Now and Then: What Lessons from the Last Era of Financial Globalization (with Barry Eichengreen) NBER Working Paper No 8716, January 2002
- Core, Periphery, Exchange Rate Regimes, and Globalization (with Marc Flandreau) NBER Working Paper No 8584, November 2001
- Aggregate Price Shocks and Financial Stability: The United Kingdom 1796-1999 (with Michael J. Dueker and David C. Wheelock) NBER Working Paper No 8583, November 2001
- Bond Market Inflation Expectations in Industrial Countries: Historical Comparisons (with William G. Dewald) NBER Working Paper No 8582, November 2001
- The Adam Klug Memorial Lecture: Haberler versus Nurkse: The Case for Floating Exchange Rates as an Alternative to Bretton Woods? (with Harold James) NBER Working Paper No 8545, October 2001
- Globalization in Historical Perspective Prepared for the NBER session “International Economy: Globalization and Crises” at the National Association of Business Economists, 43rd Annual Meetings, New York City, September 11, 2001.
- The Inter-War Gold Exchange Standard: Credibility and Monetary Independence ( with Ronald MacDonald) NBER Working Paper No 8429, August 2001
- From the Exchange Stabilization Fund to the International Monetary Fund (with Anna J. Schwartz) NBER Working Paper No 8100, January 2001
- The International Monetary Fund: Its Present Role in Historical Perspective (with Harold James) NBER Working Paper No 7724, June 2000
- Measuring Real Economic Effects of Bailouts: Historical Perspectives on How Countries in Financial Distress Have Fared With and Without Bailouts ( with Anna J. Schwartz) NBER Working Paper No 7701, May 2000
- Aggregate Price Shocks and Financial Instability: An Historical Analysis (with Michael Dueker and David Wheelock) NBER Working Paper No 7652, April 2000
- The International Monetary Fund: Its Present Role in Historical Perspective (with Harold James) NBER Working Paper No. 7724, June 2000
- "Measuring Real Economic Effects of Bailouts: Historical Perspectives on How Countries in Financial Distress Have Fared With and Without Bailouts" (with Anna J. Schwartz) NBER Working Paper No. 7701,May 2000
- "What if Alexander Hamilton Had Been Argentinean? A Comparison of the Early Monetary Experiences of Argentina and the United States," (with Carlos A. Vegh) NBER Working Paper No 6862, December 1998
- "Was Stable Money Feasible During the Great Contraction? An Examination of the Gold Standard Constraint," (with Ehsan U. Choudhri and Anna J. Schwartz) NBER Working Paper No 7125, May 1999
- Under What Circumstances, Past and Present, Have International Rescues of Countries in Financial Distress Been Mounted? (with Anna J. Schwartz) NBER Working Paper No 6824 , December 1998
- "Was There Really an Earlier Period of International Financial," (with Barry Eichengreen, and Jongwoo Kim) NBER Working Paper No 6738, September 1998
- "The Rise and Fall of a Barbarous Relic: The Role of Gold in the International Monetary System," (with Barry Eichengreen) NBER Working Paper No 6436, March 1998
- "Monetary Policy Regimes and Economic Performance: The Historical Record," (with Anna J. Schwartz) NBER Working Paper No 6201, September 1997
- "Violations of the `Rules of the Game' and the Credibility of the Classical Gold Standard, 1880-1914," (with Ronald MacDonald) NBER Working Paper No 6115, June 1997
- "Money, Sticky Wages, and the Great Depression," (with Christopher J. Erceg and Charles N. Evans) NBER Working Paper No 6071, June 1997
- "The Implications of the Great Depression for the Development of the International Monetary System," (with Barry Eichengreen) NBER Working Paper No 5883, January1997
- "Why Clashes Between Internal and External Stability Goals End in Currency Crises, 1797-1994," (with Anna J. Schwartz) NBER Working Paper No 5710, January1997
- "The Specie Standard as a Contingent Rule: Some Evidence for Core and Peripheral Countries, 1880-1990," (with Anna J. Schwartz) NBER Working Paper No 4860, February1997
- "A Small Open Economy in Depression: Lessons from Canada in the 1930s," (with Caroline M. Betts and Angela Redish) NBER Working Paper No 4515, December 1996