Recent Books
Getting Off Track:
How Government Actions and Interventions Caused, Prolonged, and Worsened the
Financial Crisis, 2009
Order from Amazon or from the Hoover Press
GlobalFinancialWarriors.com The Untold Story of International Finance in the Post-9/11
World Paperback Edition,
2008
Economics Sixth Edition 2009 with Akila Weerapana, book website
Interviews and Biographical
The Quest for Rules, Interview in
Finance and Development,
International Monetary Fund, March 2008
The Taylor
Rule and the Transformation of Monetary Policy, Federal Reserve Bank of Kansas City, December 2007
Adam Smith Award,
National Association of Business Economics, September 2007
NZZ
Profile on Monetary Policy, Translation,
Neue Zurcher Zeitung, Zurich,
September 2007
Back
to the World of Ideas Article about returning to research and teaching
after Washington,
February 2007
Interview on
Monetary Research and Policy, From The
Region, Federal Reserve Bank of Minneapolis,
June 2006
Shorter
Interview on Monetary Research and Policy, From Hoover Digest, Fall 2006, adapted from The Region
Profile on
International Policy Making, From The Washington Diplomat,
December 2005
Profile
on Teaching, From Stanford Today
Interview
about Research in the 1990s, From Conversations with Leading Economists
Interview
on Global Imbalances and Monetary Policy Rules,
Special Report, Citigroup Global Economic and Market Analysis
Collections of Articles on Monetary Policy and International
Finance
Agenda for Dallas
Fed Conference, (WSJ Op-Ed)
October 2007
Policies
in International Finance 2001-2005: Speeches and testimony given as
Treasury Under Secretary with short background pieces.
International
Journal of Central Banking A new journal publishing refereed papers of high
analytical quality on policy relevant topics.
Monetary Policy Rules Home Page
Conference
Recognizing 10th Anniversary of the Taylor Rule (Nov 2002) Conference
Volume, Journal of Monetary Economics Vol. 50, No. 5
Monetary Policy Rules, (Editor),
University of Chicago Press
Macroeconomic Policy in a World Economy also
available on line WW
Norton
Inflation, Unemployment, and Monetary Policy,
(with Robert Solow), MIT Press
Handbook of Macroeconomics, (Editor
with Michael Woodford)
Recent Papers
Systemic Risk and the Role of Government, Keynote at the 13th Annual Forum, Federal Reserve Bank of Atlanta, May 12, 2009
New Keynesian versus Old Keynesian Government
Spending Multipliers, with John Cogan, Tobias Cwik,
and Volker Wieland, Feb 28, 2009
Monetary Policy and the Recent
Extraordinary Measures Taken by the Federal Reserve, Testimony before House
Financial Services Committee, Feb 26, 2009
The Lack of an Empirical
Rationale for a Revival of Discretionary Fiscal Policy, Presented at AEA
Meetings, Slides.
Jan 4, 2009
The Need to
Return to a Monetary Framework, Presented at the NABE Panel at the AEA
Meetings, Slides,
Jan 3, 2009
Weekly updates Update 9.5 Feb 4, Update 9.6 Feb 11, Update 9.7 Feb 18, Update 9.8 Feb 25
The Financial Crisis and the Policy Responses: An Empirical Analysis of What Went Wrong, Written
version of keynote at Bank of Canada, November 2008
Comment
on Economics of the Primary Dealer Credit Facility, Slide presentation at
the AEA Meetings. Jan 4, 2009
Surprising Comparative Properties of
Monetary Models: Results from a New Monetary Model Database Presented at
ASSA Meetings, January 2009
The State of the Economy and
Principles for Fiscal Stimulus, Testimony before the
Committee on the Budget, United State Senate, November 2008
The
Way Back to Stability and Growth in the Global Economy, The Mayekawa Lecture, Bank of Japan, May 2008
Further
Results on a Black Swan in the Money Market, with John C. Williams, May
2008
The Impacts of
Globalization on Monetary Policy, Banque de
France International Symposium, March 2008
Monetary
Policy and the State of the Economy, Testimony at House Financial Services
Committee, Feb 2008
The Costs and Benefits of
Deviating from the Systematic Component of Monetary Policy, Address at San Francisco Fed, Feb
2008
A Black
Swan in the Money Market with John C. Williams, February 2008, (Revised
April 2008).
A
Review of the Productivity Resurgence, Remarks at productivity panel, AEA
meetings, Jan 2008
Better
Living through Monetary Economics, Presented at AEA Meetings, Jan 2008
The Importance of Being Predictable,
Presented at 23rd Annual Policy Conference, St. Louis Fed. October 2007
The Dual Nature of
Forecast Targeting and Instrument Rules: Comment on M. Woodford’s Dallas paper, Oct 2007
Monetary
Theory: Do We Get More Out Of It Than We Put Into It? Speech at the
Swiss National Bank, Sept 2007
The
Long and the Short End of the Term Structure of Policy Rules with
Josephine Smith, Sept 2007
The Explanatory Power of
Monetary Policy Rules Adam Smith Lecture, National Association of
Business Economics, Sept 2007
Housing
and Monetary Policy Presented at the 2007 Jackson
Hole Conference, Aug 2007
Globalization
and Monetary Policy: Missions Impossible Girona , Spain
, June 2007
Lessons of
the Financial Crisis for the Design of the New International Financial
Architecture, Keynote Address, Montevideo
, May 2007
The 2002 Uruguayan
Financial Crisis: Five Years Later Montevideo , May 2007
Lessons from the Recovery from the
“Lost Decade” in Japan: The Case of the Great Intervention and
Money Injection Japan , Sept 2006
Implications
of Globalization for Monetary Policy prepared for academic consultants meeting, Federal Reserve Board,
September 2006
Economic Reform and the Current
Account: Implementing the Strategy Prepared for IMF Conference on
the Current Account
Comments on
“Tradeoffs in Monetary Policy” by Milton Friedman For
David Laidler’s Festschrift
Commentary on “The Rise of
Off-Shoring” by G. Grossman and E. Rossi-Hansberg
Presented at the 2006 Jackson
Hole Conference
Lessons Learned from the
Implementation of Inflation Targeting Paper for 80th Anniversary of
Bank of Mexico
Thirty-five
Years of Model Building for Monetary Policy Evaluation: Breakthroughs, Dark
Ages, and a Renaissance
The Policy Support Instrument: A Key
Component of the Recent IMF Reform Movement
Lessons Learned from the Greenspan Era Comments presented at the 2005 Jackson Hole conference
The
International Implications of October 1979: Toward a Long Boom on a Global
Scale
Increasing
Economic Growth and Stability in Emerging Markets
Strengthening the
Global Economy
Less Recent Papers
Commentary:
Macroeconomic Implications of the New Economy
Expectations, Open Market Operations, and
Changes in the Federal Funds Rate
Using
Monetary Policy Rules in Emerging Market Economies
The Role of
the Exchange Rate in Monetary Policy Rules
Low Inflation,
Deflation, and Policies for Future Price Stability
Recent (circa 2000)
Development in the Use of Monetary Policy Rules
Alternative
Views of the Monetary Transmission Mechanism
Reassessing
Discretionary Fiscal Policy
How the Rational
Expectations Revolution has changed the Macroeconomic Policy Research
Low
inflation, Pass Through, and the Pricing Power of Firms
The
Monetary Transmission Mechanism and The Evaluation of Monetary Rules
The Robustness and
Efficiency of Monetary Policy Rules as Guidelines for the ECB
Staggered Wage and
Price Setting in Macroeconomics
A Historical Analysis
of Monetary Policy Rules
Information
Technology and Monetary Policy
The Policy Rule
Mix: A Macroeconomic Policy Evaluation
Introduction
to Monetary Policy Rules
Applying Academic
Research on Monetary Policy Rules
Comments on
"Monetary Policy Under Uncertainty"
Comments on
"Making Policy in a Changing World"
Summary
Remarks at Bank Indonesia Conference
Comments
on "Three Lessons for Monetary Policy in a Low Inflation Era"
Comments
on Athanasios Orphanides' The Quest for Prosperity Without Inflation (slides)
Inflation
Targeting and Monetary Rules: Experience and Research (slides)
The
New Normative Macroeconomics (slides)
Papers on the Long Boom and the Great Moderation
Monetary
Policy and the Long Boom
Remarks
on "Recent Changes in Trend and Cycle"
The
Long Boom: Sosa, McGwire, and Greenspan (slides)
Recent Op-Ed Articles
Exploding Debt Threatens America, Financial Times,
May 27, 2009
Valid Complaints about Spending, New York Times,
April 1, 2009
The Threat Posed by Ballooning Reserves, Financial Times,
March 24, 2009
How
Government Created the Financial Crisis, Wall Street Journal,
February 9, 2009
Why
Permanent Tax Cuts Are the Best Stimulus, Wall Street Journal,
November 25, 2008
What the European
Central Bank Needs to Do: Hoover Digest
Five Things We Know
For Sure Hoover Digest
The Growth that
Matters Most Hoover Digest
What Comes After
'Bretton Woods II'? Wall Street Journal, August 15, 2005
China's Quiet
Revolution, Hoover Digest
Loan Rangers, Wall Street Journal, April
19, 2006
Don't Talk the
Talk, Wall Street
Journal, July 13, 2006
Recent Video Interviews
John Taylor's videos on Youtube
Grading the TARP filmed on April 8, 2009, Bloomberg Television
(6:15)
Treasury Covering Up Massive Fraud? filmed on April 6, 2009, Fox Business News
(7:21)
G-20 Expanding Global Trade filmed on April 2, 2009, Fox Business News
(10:55)
Getting
the stimulus Right filmed on January 23, 2009, CNNMoney.com
(4:20)
Crisis Management with
John Taylor filmed
on December 15, 2008, Uncommon Knowledge (36:20)
Interview with Neil Cavuto about the
role of tax cuts as an economic stimulus, December 1, 2008,
Fox Business News
Interview from Ottawa with Peter Cook
in Washington DC about upcoming G20 Leaders meeting,
November 13, 2008, Bloomberg Television
Excerpts from John McCain's
remarks after meeting with John B. Taylor and other economic advisers,
October 27, 2008, CNN
Interview with Kathleen Hayes
in NYC Bloomberg Studios about the housing proposals in the presidential
election,October 16, 2008, Bloomberg Television
Panel discussion on the
financial crisis with John Taylor, Darrell Duffie, Mark Wolfson, John Shoven,
Dennis Lockhart, Anne Casscells, October 11, 2008, Stanford University
Interview with Peter Cook in Washington DC Bloomberg studios about the
implications of congressional votes on the bailout bill for the presidential
election,, September 25, 2008, Bloomberg Television
Interview
with Larry Kudlow on the $750 Bailout bill, September 25, 2008, CNBC
The Economy According
to Taylor and Judd, February 11, 2008, Uncommon Knowledge (30:59)
Interview about Hank
Paulson's visit to China,December 12, 2007, CNBC
Discussion with Milton
Friedman about the trade-off between the variability of inflation and the
variability of output, August 7, 2007, taped in San Francisco
Recent Podcasts
John Taylor’s interview
concerning the economy January 8, 2009, NPR - Planet Money
John Taylor’s interview with Tom
Keene, December 30, 2008, Bloomberg News
John Taylor’s
interview with Russell Roberts August 18, 2008, Monetary Policy - Econtalk
Economics Teaching
Caps
for Sale: The Economic Side of the Story Stanford Economics Graduation,
June 2008
Remarks at
Stanford Economics Graduation Ceremony 1999
Economics
169, Spring 2008
Economics
212, Spring 2008
Ideas for the
Economics Lecture Innovative Techniques for Teaching Economics
Surprise
Side Economics: Ideas for Introductory Economics
Teaching
Modern Macroeconomics at the Principles Level
Earlier Editions of Textbooks
Economics,
Second Edition, Houghton Mifflin
Economics,
Third Edition, Houghton Mifflin
Economics,
Fourth Edition, Houghton Mifflin
Economics,
Fifth Edition, Houghton Mifflin
Economics,
Sixth Edition, Houghton Mifflin
Principles
of Microeconomics, Second Edition, Houghton Mifflin
Principles
of Microeconomics, Third Edition, Houghton Mifflin
Principles
of Microeconomics, Fourth Edition, Houghton Mifflin
Principles
of Microeconomics, Fifth Edition, Houghton Mifflin
Principles
of Microeconomics, Sixth Edition, Houghton Mifflin
Principles
of Macroeconomics, Second Edition, Houghton Mifflin
Principles
of Macroeconomics, Third Edition, Houghton Mifflin
Principles
of Macroeconomics, Fourth Edition, Houghton Mifflin
Principles
of Macroeconomics, Fifth Edition, Houghton Mifflin
Principles
of Macroeconomics, Sixth Edition, Houghton Mifflin
Macroeconomics
, Principles Text for Australian Economy with Bruce Littleboy, Third Edition, John Wiley
Microeconomics,
Principles Text for Australian Economy with Lionel Frost), Third Edition, John
Wiley
Macroeconomics,
Intermediate Text with Robert E. Hall, Fifth Edition, W.W. Norton
Macroeconomics
Intermediate Text with Robert E. Hall and David Papell, Sixth Edition, WW
