Mailing Address:
University of California, Berkeley
Department of Economics
549 Evans Hall #3880
Berkeley, CA 94720-3880

Tel No. (510) 642-4317
Fax No. (510) 642-6615

E-mail Address:

Working Papers

• A Narrative Analysis of Postwar Tax Changes [PDF], November 2008
• Do Tax Cuts Starve the Beast? The Effect of Tax Changes on Government Spending. [PDF], May 2009. Brookings Papers on Economic Activity, forthcoming.
• The Macroeconomic Effects of Tax Changes: Estimates Based on a New Measure of Fiscal Shocks [PDF], April 2009. American Economic Review, forthcoming.

Invited Lectures

• Macroeconomic Policy in the 1960s: The Causes and Consequences of a Mistaken Revolution [PDF], Economic History Association Annual Meeting, September 2007

Reprints

• The FOMC versus the Staff: Where Can Monetary Policymakers Add Value? [PDF], with David Romer, American Economic Review, May 2008. Posted with the permission of the American Economic Association.
• Was the Federal Reserve Constrained by the Gold Standard During the Great Depression? Evidence from the 1932 Open Market Purchase Program [PDF], with Chang-Tai Hsieh, Journal of Economic History, March 2006. Posted with the permission of Cambridge University Press.
• A New Measure of Monetary Shocks: Derivation and Implications [PDF], with David H. Romer, American Economic Review, September 2004. Posted with the permission of the American Economic Association.
• Choosing the Federal Reserve Chair: Lessons from History [PDF], with David H. Romer, Journal of Economic Perspectives, Winter 2004. Posted with the permission of the American Economic Association.
• The Great Depression [PDF], Encyclopaedia Britannica , December 2003.
• The Evolution of Economic Understanding and Postwar Stabilization Policy [PDF], with D. Romer, in Rethinking Stabilization Policy, Federal Reserve Bank of Kansas City, 2002.
• A Rehabilitation of Monetary Policy in the 1950's [PDF] , with David H. Romer, American Economic Review, May 2002. Posted with permission from the American Economic Association.
• Federal Reserve Information and the Behavior of Interest Rates [PDF], with David H. Romer, American Economic Review, June 2000. Posted with permission from the American Economic Association.
• Changes in Business Cycles: Evidence and Explanations [PDF], Journal of Economic Perspectives, Spring 1999. Posted with the permission of the American Economic Association.

Courses

• Economics 2, Introduction to Economics, Spring 2008
• Economics 210C/236A, Monetary History, Topics in American Economic History / Aggregate Economics, Fall 2008

• The FOMC versus the Staff: Where Can Monetary Policymakers Add Value? Data Description [PDF]; Data [Excel].
• A New Measure of Monetary Shocks: Derivation and Implications, Data description [PDF] ; Data [Excel] ; Narrative appendix [PDF]
• Federal Reserve Information and the Behavior of Interest Rates, Data description [PDF] ; Data [Excel]
• A New Monthly Index of Industrial Production, 1884-1940, Data description [PDF] ; Data [Excel] ; Detailed data appendix [PDF]