Articles in refereed journals [books]  [other publications]  [working papers]

  1. "Lending to the Borrower from Hell: Debt and Default in the Age of Philip II' [with Mauricio Drelichman], Economic Journal 2011 (forthcoming).

  2. "Serial Defaults, Serial Profits: Returns to Sovereign Lending in Habsburg Spain, 1566-1600I" [with Mauricio Drelichman], Explorations in Economic History 2011 (forthcoming).

  3. "The Sustainable Debts of Philip II: A Reconstruction of Castile’s Fiscal Position, 1566-1596" [with Mauricio Drelichman], Journal of Economic History 2010 (forthcoming).

  4. "Betting on Hitler: The Value of Political Connections in Nazi Germany" [joint with Thomas Ferguson], Quarterly Journal of Economics (2008).

  5. "Interest Rate Restrictions in a Natural Experiment: Loan Allocation and the Change in the Usury Laws in 1714" [joint with Peter Temin], Economic Journal (2007).

  6. "Why England? Demographic Factors, Structural Change and Physical Capital Accumulation during the Industrial Revolution" [with Nico Voigtlaender], Journal of Economic Growth, December 2006.

  7. "Private Borrowing During the Financial Revolution: Hoare's Bank and its Customers, 1702-1724 [with Peter Temin], Economic History Review, forthcoming (2007).

  8. "Banking as an Emerging Technology: Hoare's Bank 1702-1724' [with Peter Temin], Financial History Review (2006).

  9. 'Credit Rationing and Crowding Out during the Industrial Revolution: Evidence from Hoare's Bank, 1702-1862' [with Peter Temin], Explorations in Economic History (2005).

  10. 'Riding the South Sea Bubble' [with Peter Temin], American Economic Review (2004).

  11. 'Factor Prices and Productivity Growth During the English Industrial Revolution' [with P. Antràs], Explorations in Economic History (2003).

  12. 'With a Bang, Not a Whimper: Pricking Germany's "Stockmarket Bubble" in 1927 and the Slide into Depression', Journal of Economic History (2003).

  13. 'The Longest Years -- Time and Work in England, 1760-1830', Journal of Economic History (2001).

  14. 'Destined for Deprivation' [with J. Humphries, S. Horrell], Explorations in Economic History (2001).

  15. 'The Grapes of War: Danish Shipping to the Mediterranean, 1750-1806' [with D. Anderson], Scandinavian Economic History Review (2000).

  16. 'Stature and Relative Deprivation: Fatherless Children in Early Industrial Britain' [with J. Humphries, S. Horrell], Continuity and Change (1998). 

  17. 'Human Capital, Equipment Investment, and Industrialization' [with J. Temple], European Economic Review (1998).

  18. 'Time and Work in Eighteenth Century London', Journal of Economic History 58 (1998).

  19. 'Did Smallpox Reduce Height? Stature and the Standard of Living in London, 1770-1873' [with T. Leunig], Economic History Review 49 (1996).

  20. 'Physical Exertion and Stature in the Habsburg Monarchy, 1730-1800', Journal of Interdisciplinary History 27, pp. 263-75. 

  21. 'Did High Wages or High Interest Rates Bring Down the Weimar Republic?', Journal of Economic History 55 (1995). 

  22. 'Seasonality of Conceptions as a Source for Historical Time-Budget Analysis: Tracing the Disappearance of Holy Days in Early Modern England', Historical Methods 27 (1994).

  23. 'Investitionen in den "Goldenen Jahren" der Weimarer Republik', Zeitschrift für Wirtschafts- und Sozialwissenschaften 113 (1993).

  24. 'Wages, Investment and the Fate of the Weimar Republic: A Long-Term Perspective', German History 11 (1993). 

Books, edited volumes, special issues

  1. Symposium on Capital Controls [edited with Barry Eichengreen], Special Issue of the International Journal of International Finance and Economics, 2003.

  2. Time and Work in England, 1750-1830, Oxford: Oxford University Press (January 2001).

  3. European Capital Markets [with W. Seifert et al.], Houndsmills: Macmillan/Palgrave (March 2000).

Other publications

  1. "Blowing Early Bubbles – Incentives for Exuberance in the South Sea and Mississippi Bubbles', in: William N. Goetzmann, Catherine Labio, K. Geert Rouwenhorst, and Timothy Young (eds.), The Great Mirror of Folly: Finance, Culture, and the Crash of 1720, New Haven: Yale University Press, forthcoming.

  2. "Hoare’s Bank in the Eighteenth Century" [with Peter Temin], in: Festschrift for Jan DeVries, Leyden: Brill, 2010.

  3.  "Trading Silver for Gold: 19th Century Asian Exports and the Political Economy of Currency Union" [with Kris Mitchener], in: Robert Barro, Jong-Wha Lee (eds.), Costs and Benefits of Regional Economic Integration, Oxford: Oxford University Press, 2010.

  4. 'Free Flows, Limited Diversification: Openness and the Fall and Rise of Stock Market Correlations, 1890-2001' [with Denis Quinn], in: NBER-ISOM Macro Annual 2010 [lead article]

  5. "Malthusian Dynamism and the Rise of Europe: Make War, not Love" [with Nico Voigtländer], American Economic Review. Papers and Proceedings 2009. 99(2): 248-54.

  6. 'Understanding Growth in Early Modern Europe’ [with Joel Mokyr], in: Broadberry, Stephen and Kevin O’ Rourke (ed.). The Cambridge Economic History of Europe. Cambridge: Cambridge University Press, 2009.

  7. "A Century of Global Equity Market Correlations" [with Dennis Quinn], American Economic Review. Papers and Proceedings 2008. 98(2): 535–40.

  8. "Hoare’s Bank in the Eighteenth Century" [with Peter Temin], in: Festschrift for Jan DeVries, Oxford: Oxford University Press.

  9.  "Institutions and the Resource Curse in Early Modern Spain" [with Mauricio Drelichman], in: Helpman, Elhanan (ed). Institutions and Economic Performance. Cambridge: Harvard University Press, 2008.

  10. "Debt Sustainability in Historical Perspective" [with Mauricio Drelichman], Journal of the European Economic Association 2008, 6(2-3): 657-67.

  11. "South Sea Bubble", in: Steve Durlauf, Lawrence E. Blume (eds.), The New Palgrave, 2007.

  12. "Comment on Oxley's 'Seat of Death and Terror' ", Economic History Review, 2006.

  13. 'Capital Controls in Postwar Europe', CREI Opuscle No. 14 [in English, Castilian, and Catalan], 2004.

  14. 'Editors’ Introduction: Symposium on Capital Controls' [with Barry Eichengreen], in: Barry Eichengreen, Hans-Joachim Voth (eds.), Controlling Global Capital. Special issue of the International Journal of Finance and Economics. 2003.

  15. 'Convertibility, Currency Controls and the Cost of Capital in Western Europe', in: Barry Eichengreen, Hans-Joachim Voth (eds.), Controlling Global Capital. Special issue of the International Journal of Finance and Economics. 2003.

  16. "Living Standards and the Urban Environment", in: P. Johnson, R. Floud (eds.), The Cambridge Economic History of Britain, Cambridge 2003.

  17. "Labor Time", in: J. Mokyr (ed.), Oxford Encyclopedia of Economic History, Oxford 2003.

  18. Height and the High Life: What Future for a Tall Story? [with T. Leunig], in: Paul A. David, Mark Thomas (eds.),  Economic Challenges. Festschrift for Charles H. Feinstein, OUP 2002. 

  19. 'Economic History and the Messiness of Life', in: P. Hudson (ed.), What Economic History Means to Me, London (2001).

  20. 'German Banking and the Impact of the First World War', in: C. Wrigley (ed.), The Impact of the First World War, London (2000). 

  21. 'The Zollverein and the Bid for Economic Supremacy', in: P. Dwyer (ed.), Modern Prussian History, 1830-1947, London: Longman (2001).

  22. 'Work and the Sirens of Consumption in 18C London', in: M. Bianchi (ed.), The Active Consumer. Novelty and Surprise in Consumer Choice, London: Routledge (1998).

  23. 'Did Neutrality Pay? Danish Shipping in the Mediterranean, 1749-1790' [with D. Andersen], in: A. Monrad-Møller (ed.), Folk og Erhverv. Festschrift for Hans-Christian Johansen, Odense.

  24. 'Smallpox Did Reduce Height: Reply to Our Critics' [with T. Leunig], Economic History Review 51 (1998), pp. 372-81.

Working papers

recent working papers can be found at SSRN and CEPR