Details about Mark Wright

Access statistics for papers by Mark Wright.

Last updated 2023-12-21. Update your information in the RePEc Author Service.

Short-id: pwr6

Working Papers

2024

1. The Impact of Bretton Woods International Capital Controls on the Global Economy and the Value of Geopolitical Stability: A General Equilibrium Analysis
   Working Papers, Federal Reserve Bank of St. Louis
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2023)

2023

2. Are Developing Countries Facing a Possible Debt Crisis?
   On the Economy, Federal Reserve Bank of St. Louis
3. The End of Rapid Population Growth
   On the Economy, Federal Reserve Bank of St. Louis

2022

4. Polarized Contributions but Convergent Agendas
   Working Papers, Federal Reserve Bank of Philadelphia

2021

5. People Smooth Their Consumption. Shouldn’t Nations, Too?
   On the Economy, Federal Reserve Bank of St. Louis

2019

6. Bretton Woods and the Reconstruction of Europe
   Working Papers, Federal Reserve Bank of St. Louis
   Also in 2019 Meeting Papers, Society for Economic Dynamics (2019)
7. The Seniority Structure of Sovereign Debt
   CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (32)
   Also in Kiel Working Papers, Kiel Institute for the World Economy (IfW Kiel) (2019) View citations (29)
   Working Papers, Federal Reserve Bank of Minneapolis (2019) View citations (20)
   2018 Meeting Papers, Society for Economic Dynamics (2018) View citations (2)
   NBER Working Papers, National Bureau of Economic Research, Inc (2019) View citations (28)
   CESifo Working Paper Series, CESifo (2019) View citations (29)

2018

8. Bad Investments and Missed Opportunities? Postwar Capital Flows to Asia and Latin America
   Staff Report, Federal Reserve Bank of Minneapolis View citations (14)
   Also in 2017 Meeting Papers, Society for Economic Dynamics (2017)
   Working Paper Series, Federal Reserve Bank of Chicago (2015) View citations (1)
   NBER Working Papers, National Bureau of Economic Research, Inc (2015) View citations (17)
   See also Journal Article Bad Investments and Missed Opportunities? Postwar Capital Flows to Asia and Latin America, American Economic Review, American Economic Association (2018) View citations (16) (2018)
9. Deconstructing Delays in Sovereign Debt Restructuring
   Working Papers, Federal Reserve Bank of Minneapolis View citations (1)
   See also Journal Article Deconstructing delays in sovereign debt restructuring, Oxford Economic Papers, Oxford University Press (2019) View citations (4) (2019)

2017

10. Greed as a Source of Polarization
    Working Papers, Federal Reserve Bank of Philadelphia
    Also in 2007 Meeting Papers, Society for Economic Dynamics (2007) View citations (1)

2016

11. Insurance in Human Capital Models with Limited Enforcement
    CESifo Working Paper Series, CESifo
    Also in Working Paper Series, Federal Reserve Bank of Chicago (2016) View citations (1)
    CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2016)
    IZA Discussion Papers, Institute of Labor Economics (IZA) (2016)
12. Under-Insurance in Human Capital Models with Limited Enforcement
    CEPR Discussion Papers, C.E.P.R. Discussion Papers
    See also Journal Article Under-Insurance in Human Capital Models with Limited Enforcement, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2017) View citations (6) (2017)

2015

13. A Pecking Order Theory of Sovereign Default
    2015 Meeting Papers, Society for Economic Dynamics
14. Bad Investments and Missed Opportunities? Capital Flows to Asia and Latin America, 1950-2007
    2015 Meeting Papers, Society for Economic Dynamics View citations (6)
    Also in Working Papers, Federal Reserve Bank of St. Louis (2013) View citations (10)
15. Debt Statistics a la Carte: Alternative Recipes for Measuring Government Indebtedness
    IFDP Notes, Board of Governors of the Federal Reserve System (U.S.)
    See also Journal Article Debt Statistics a La Carte: Alternative Recipes for Measuring Government Indebtedness, Chicago Fed Letter, Federal Reserve Bank of Chicago (2016) (2016)
16. External and Public Debt Crises
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (10)
    Also in Staff Report, Federal Reserve Bank of Minneapolis (2015) View citations (6)
    Working Paper Series, Federal Reserve Bank of Chicago (2015) View citations (14)
    See also Chapter External and Public Debt Crises, NBER Chapters, National Bureau of Economic Research, Inc (2015) View citations (10) (2015)
    Journal Article External and Public Debt Crises, NBER Macroeconomics Annual, University of Chicago Press (2016) View citations (5) (2016)
17. Human Capital Risk, Contract Enforcement, and the Macroeconomy
    Working Papers, Human Capital and Economic Opportunity Working Group View citations (19)
    Also in Working Paper Series, Federal Reserve Bank of Chicago (2014) View citations (1)
    2012 Meeting Papers, Society for Economic Dynamics (2012)
    IZA Discussion Papers, Institute of Labor Economics (IZA) (2015) View citations (19)
    NBER Working Papers, National Bureau of Economic Research, Inc (2011) View citations (11)
    See also Journal Article Human Capital Risk, Contract Enforcement, and the Macroeconomy, American Economic Review, American Economic Association (2015) View citations (19) (2015)

2014

18. Austerity and Bailouts in Sovereign Debt Restructurings
    2014 Meeting Papers, Society for Economic Dynamics
    Also in 2013 Meeting Papers, Society for Economic Dynamics (2013)
19. Interpreting the Pari Passu Clause in Sovereign Bond Contracts: It's All Hebrew (and Aramaic) to Me
    Working Paper Series, Federal Reserve Bank of Chicago
20. The Stock of External Sovereign Debt: Can We Take the Data at ‘Face Value’?
    Working Paper Series, Federal Reserve Bank of Chicago View citations (27)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2011) View citations (14)
    See also Journal Article The stock of external sovereign debt: Can we take the data at ‘face value’?, Journal of International Economics, Elsevier (2014) View citations (26) (2014)

2013

21. Empirical Research on Sovereign Debt and Default
    CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University View citations (115)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2013) View citations (123)
    Working Paper Series, Federal Reserve Bank of Chicago (2012) View citations (4)
    See also Journal Article Empirical Research on Sovereign Debt and Default, Annual Review of Economics, Annual Reviews (2013) View citations (123) (2013)
22. In for a Penny, In for a 100 Billion Pounds: Quantifying the Welfare Benefits from Debt Relief
    2013 Meeting Papers, Society for Economic Dynamics View citations (13)

2012

23. Bad Investments and Missed Opportunities? Capital Flows to Asia and Latin America, 1950-2004
    2012 Meeting Papers, Society for Economic Dynamics View citations (1)
24. On The Stock of External Sovereign Debt
    2012 Meeting Papers, Society for Economic Dynamics View citations (3)

2011

25. Distinguishing Across Models of International Capital Flows
    2011 Meeting Papers, Society for Economic Dynamics View citations (1)
    Also in 2009 Meeting Papers, Society for Economic Dynamics (2009)
26. The Costs of Financial Crises: Resource Misallocation, Productivity and Welfare in the 2001 Argentine Crisis
    2011 Meeting Papers, Society for Economic Dynamics View citations (25)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2011) View citations (26)
    Business School Working Papers, Universidad Torcuato Di Tella (2011) View citations (32)
    See also Journal Article The Costs of Financial Crises: Resource Misallocation, Productivity, and Welfare in the 2001 Argentine Crisis, Scandinavian Journal of Economics, Wiley Blackwell (2014) View citations (39) (2014)

2010

27. Holdouts in Sovereign Debt Restructuring: A Theory of Negotiation in a Weak Contractual Environment
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (6)
    Also in CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2008) View citations (7)
    See also Journal Article Holdouts in Sovereign Debt Restructuring: A Theory of Negotiation in a Weak Contractual Environment, The Review of Economic Studies, Review of Economic Studies Ltd (2012) View citations (82) (2012)
28. Why does productivity fall during a financial crisis? The case of Argentina 2001
    2010 Meeting Papers, Society for Economic Dynamics

2009

29. 50 Years of Capital Flows
    2009 Meeting Papers, Society for Economic Dynamics
30. Bad Investments and Missed Opportunities: Capital Flows to Latin America and Asia, 1950-2004
    2009 Meeting Papers, Society for Economic Dynamics View citations (1)
31. Recovery before redemption: A theory of delays in sovereign debt renegotiations
    CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University View citations (164)

2008

32. Human Capital Risk and Limited Commitment
    2008 Meeting Papers, Society for Economic Dynamics
33. On the cost of financial crises
    2008 Meeting Papers, Society for Economic Dynamics View citations (1)
34. Restructuring the Sovereign Debt Restructuring Mechanism
    2008 Meeting Papers, Society for Economic Dynamics View citations (9)
35. SOVEREIGN THEFT: THEORY AND EVIDENCE ABOUT SOVEREIGN DEFAULT AND EXPROPRIATION
    CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University View citations (17)

2007

36. A Theory of Delay in Sovereign Defaults Based on Limited Commitment
    2007 Meeting Papers, Society for Economic Dynamics
37. DO COUNTRIES DEFAULT IN "BAD TIMES"?
    CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University View citations (137)
    Also in Working Paper Series, Federal Reserve Bank of San Francisco (2007) View citations (128)
    See also Journal Article Do Countries Default in "Bad Times" ?, Journal of the European Economic Association, MIT Press (2007) View citations (141) (2007)
38. The Efficiency and Mobility of International Capital Flows: 1950-2006
    2007 Meeting Papers, Society for Economic Dynamics

2006

39. Establishment size dynamics in the aggregate economy
    Staff Report, Federal Reserve Bank of Minneapolis View citations (31)
    See also Journal Article Establishment Size Dynamics in the Aggregate Economy, American Economic Review, American Economic Association (2007) View citations (162) (2007)
40. Sovereign debt, default and renegotiation
    2006 Meeting Papers, Society for Economic Dynamics
41. Urban structure and growth
    Staff Report, Federal Reserve Bank of Minneapolis View citations (8)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2005) View citations (14)
    2004 Meeting Papers, Society for Economic Dynamics (2004) View citations (15)
    Discussion Paper / Institute for Empirical Macroeconomics, Federal Reserve Bank of Minneapolis (2003) View citations (23)
    See also Journal Article Urban Structure and Growth, The Review of Economic Studies, Review of Economic Studies Ltd (2007) View citations (219) (2007)

2005

42. Firm Size Dynamics in the Aggregate Economy
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (15)
    Also in 2004 Meeting Papers, Society for Economic Dynamics (2004) View citations (4)
    Santa Cruz Department of Economics, Working Paper Series, Department of Economics, UC Santa Cruz (2004) View citations (2)
43. Guano Happens: Two Centuries of Sovereign Debt and Default
    2005 Meeting Papers, Society for Economic Dynamics View citations (1)

2004

44. Competition and Sovereign Risk
    2004 Meeting Papers, Society for Economic Dynamics View citations (2)
45. Private capital flows, capital controls, and default risk
    Working Paper Series, Federal Reserve Bank of San Francisco
    See also Journal Article Private capital flows, capital controls, and default risk, Journal of International Economics, Elsevier (2006) View citations (45) (2006)

Journal Articles

2024

1. Local Governments in the U.S.: A Breakdown by Number and Type
   The Regional Economist, 2024

2021

2. With age comes immaturity: Do countries with older populations issue shorter maturity debt?
   Economics Letters, 2021, 209, (C)

2019

3. Deconstructing delays in sovereign debt restructuring
   Oxford Economic Papers, 2019, 71, (2), 382-404 View citations (4)
   See also Working Paper Deconstructing Delays in Sovereign Debt Restructuring, Working Papers (2018) View citations (1) (2018)

2018

4. Bad Investments and Missed Opportunities? Postwar Capital Flows to Asia and Latin America
   American Economic Review, 2018, 108, (12), 3541-82 View citations (16)
   See also Working Paper Bad Investments and Missed Opportunities? Postwar Capital Flows to Asia and Latin America, Staff Report (2018) View citations (14) (2018)

2017

5. Settlement games with rank-order payoffs and applications to sovereign debt restructuring
   Economic Theory, 2017, 64, (4), 847-876 View citations (4)
6. The Burden of Taxation in the United States and Germany
   Chicago Fed Letter, 2017
7. Under-Insurance in Human Capital Models with Limited Enforcement
   Review of Economic Dynamics, 2017, 25, 121-150 View citations (6)
   See also Software Item Code and data files for "Under-Insurance in Human Capital Models with Limited Enforcement", Computer Codes (2016) (2016)
   Working Paper Under-Insurance in Human Capital Models with Limited Enforcement, CEPR Discussion Papers (2016) (2016)

2016

8. Debt Statistics a La Carte: Alternative Recipes for Measuring Government Indebtedness
   Chicago Fed Letter, 2016
   See also Working Paper Debt Statistics a la Carte: Alternative Recipes for Measuring Government Indebtedness, IFDP Notes (2015) (2015)
9. External and Public Debt Crises
   NBER Macroeconomics Annual, 2016, 30, (1), 191 - 244 View citations (5)
   See also Working Paper External and Public Debt Crises, NBER Working Papers (2015) View citations (10) (2015)
   Chapter External and Public Debt Crises, NBER Chapters, 2015, 191-244 (2015) View citations (10) (2015)
10. How Much Debt Does the U.S. Government Owe?
    Chicago Fed Letter, 2016 View citations (2)
11. The Direction of Capital Flows
    Economic Synopses, 2016, (22), 1-2

2015

12. Human Capital Risk, Contract Enforcement, and the Macroeconomy
    American Economic Review, 2015, 105, (11), 3223-72 View citations (19)
    See also Working Paper Human Capital Risk, Contract Enforcement, and the Macroeconomy, Working Papers (2015) View citations (19) (2015)

2014

13. The Costs of Financial Crises: Resource Misallocation, Productivity, and Welfare in the 2001 Argentine Crisis
    Scandinavian Journal of Economics, 2014, 116, (1), 87-127 View citations (39)
    See also Working Paper The Costs of Financial Crises: Resource Misallocation, Productivity and Welfare in the 2001 Argentine Crisis, 2011 Meeting Papers (2011) View citations (25) (2011)
14. The stock of external sovereign debt: Can we take the data at ‘face value’?
    Journal of International Economics, 2014, 94, (1), 1-17 View citations (26)
    See also Working Paper The Stock of External Sovereign Debt: Can We Take the Data at ‘Face Value’?, Working Paper Series (2014) View citations (27) (2014)

2013

15. Empirical Research on Sovereign Debt and Default
    Annual Review of Economics, 2013, 5, (1), 247-272 View citations (123)
    See also Working Paper Empirical Research on Sovereign Debt and Default, CAMA Working Papers (2013) View citations (115) (2013)
16. On the contribution of game theory to the study of sovereign debt and default
    Oxford Review of Economic Policy, 2013, 29, (4), 649-667 View citations (10)
17. Where has all the productivity growth gone?
    Chicago Fed Letter, 2013, (Jan) View citations (2)

2012

18. Holdouts in Sovereign Debt Restructuring: A Theory of Negotiation in a Weak Contractual Environment
    The Review of Economic Studies, 2012, 79, (2), 812-837 View citations (82)
    See also Working Paper Holdouts in Sovereign Debt Restructuring: A Theory of Negotiation in a Weak Contractual Environment, NBER Working Papers (2010) View citations (6) (2010)

2010

19. Capital Flows and Macroeconomic Performance: Lessons from the Golden Era of International Finance
    American Economic Review, 2010, 100, (2), 68-72 View citations (11)

2007

20. Do Countries Default in "Bad Times" ?
    Journal of the European Economic Association, 2007, 5, (2-3), 352-360 View citations (141)
    See also Working Paper DO COUNTRIES DEFAULT IN "BAD TIMES"?, CAMA Working Papers (2007) View citations (137) (2007)
21. Establishment Size Dynamics in the Aggregate Economy
    American Economic Review, 2007, 97, (5), 1639-1666 View citations (162)
    See also Working Paper Establishment size dynamics in the aggregate economy, Staff Report (2006) View citations (31) (2006)
22. Urban Structure and Growth
    The Review of Economic Studies, 2007, 74, (2), 597-624 View citations (219)
    See also Working Paper Urban structure and growth, Staff Report (2006) View citations (8) (2006)

2006

23. Private capital flows, capital controls, and default risk
    Journal of International Economics, 2006, 69, (1), 120-149 View citations (45)
    Also in Proceedings, 2004, (Jun) (2004) View citations (5)
    See also Working Paper Private capital flows, capital controls, and default risk, Working Paper Series (2004) (2004)

2005

24. Coordinating Creditors
    American Economic Review, 2005, 95, (2), 388-392 View citations (14)
25. On the gains from international financial integration
    Economics Letters, 2005, 87, (3), 379-386 View citations (2)

2004

26. Global Capital Markets: Integration, Crisis, and Growth. By Maurice Obstfeld and Alan M. Taylor. Cambridge: Cambridge University Press, 2004. Pp. xviii, 354. $65
    The Journal of Economic History, 2004, 64, (4), 1151-1153 View citations (8)
27. New Empirical Results on Default: A Discussion of "A Gravity Model of Sovereign Lending: Trade, Default and Credit"
    IMF Staff Papers, 2004, 51, (s1), 64-74 View citations (5)

Books

2013

1. The Future of Sovereign Borrowing in Europe
   SUERF Studies, SUERF - The European Money and Finance Forum View citations (1)

Chapters

2015

1. External and Public Debt Crises
   A chapter in NBER Macroeconomics Annual 2015, Volume 30, 2015, pp 191-244 View citations (10)
   See also Working Paper External and Public Debt Crises, National Bureau of Economic Research, Inc (2015) View citations (10) (2015)
   Journal Article External and Public Debt Crises, University of Chicago Press (2016) View citations (5) (2016)

2014

2. Strategic Behavior in Sovereign Debt Restructuring: Impact and Policy Responses
   Palgrave Macmillan

1994

3. Internationalisation, Firm Conduct and Productivity
   A chapter in International Intergration of the Australian Economy, 1994 View citations (2)

Software Items

2016

1. Code and data files for "Under-Insurance in Human Capital Models with Limited Enforcement"
   Computer Codes, Review of Economic Dynamics
   See also Journal Article Under-Insurance in Human Capital Models with Limited Enforcement, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2017) View citations (6) (2017)