Details about Mark Wright

Access statistics for papers by Mark Wright.

Last updated 2023-05-09. Update your information in the RePEc Author Service.

Short-id: pwr6

Working Papers

2023

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

2022

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

2019

3. 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)
4. The Seniority Structure of Sovereign Debt
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (23)
   Also in Kiel Working Papers, Kiel Institute for the World Economy (IfW Kiel) (2019) View citations (24)
   Working Papers, Federal Reserve Bank of Minneapolis (2019) View citations (20)
   CEPR Discussion Papers, C.E.P.R. Discussion Papers (2019) View citations (27)
   CESifo Working Paper Series, CESifo (2019) View citations (24)
   2018 Meeting Papers, Society for Economic Dynamics (2018) View citations (2)

2018

5. 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 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)
   2017 Meeting Papers, Society for Economic Dynamics (2017)
   See also Journal Article in American Economic Review (2018)
6. Deconstructing Delays in Sovereign Debt Restructuring
   Working Papers, Federal Reserve Bank of Minneapolis View citations (1)
   See also Journal Article in Oxford Economic Papers (2019)

2017

7. 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

8. Insurance in Human Capital Models with Limited Enforcement
   IZA Discussion Papers, Institute of Labor Economics (IZA)
   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)
   CESifo Working Paper Series, CESifo (2016)
9. Under-Insurance in Human Capital Models with Limited Enforcement
   CEPR Discussion Papers, C.E.P.R. Discussion Papers
   See also Journal Article in Review of Economic Dynamics (2017)

2015

10. A Pecking Order Theory of Sovereign Default
    2015 Meeting Papers, Society for Economic Dynamics
11. 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)
12. 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 in Chicago Fed Letter (2016)
13. External and Public Debt Crises
    Working Paper Series, Federal Reserve Bank of Chicago View citations (14)
    Also in Staff Report, Federal Reserve Bank of Minneapolis (2015) View citations (6)
    NBER Working Papers, National Bureau of Economic Research, Inc (2015) View citations (10)
    See also Chapter (2015)
    Journal Article in NBER Macroeconomics Annual (2016)
14. Human Capital Risk, Contract Enforcement, and the Macroeconomy
    Working Papers, Human Capital and Economic Opportunity Working Group View citations (19)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2011) View citations (11)
    2012 Meeting Papers, Society for Economic Dynamics (2012)
    IZA Discussion Papers, Institute of Labor Economics (IZA) (2015) View citations (19)
    Working Paper Series, Federal Reserve Bank of Chicago (2014) View citations (1)
    See also Journal Article in American Economic Review (2015)

2014

15. Austerity and Bailouts in Sovereign Debt Restructurings
    2014 Meeting Papers, Society for Economic Dynamics
    Also in 2013 Meeting Papers, Society for Economic Dynamics (2013)
16. 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
17. The Stock of External Sovereign Debt: Can We Take the Data at ‘Face Value’?
    Working Paper Series, Federal Reserve Bank of Chicago View citations (25)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2011) View citations (14)
    See also Journal Article in Journal of International Economics (2014)

2013

18. Empirical Research on Sovereign Debt and Default
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (117)
    Also in Working Paper Series, Federal Reserve Bank of Chicago (2012) View citations (4)
    CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University (2013) View citations (115)
    See also Journal Article in Annual Review of Economics (2013)
19. 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

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

2011

22. 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)
23. The Costs of Financial Crises: Resource Misallocation, Productivity and Welfare in the 2001 Argentine Crisis
    Business School Working Papers, Universidad Torcuato Di Tella View citations (32)
    Also in 2011 Meeting Papers, Society for Economic Dynamics (2011) View citations (25)
    NBER Working Papers, National Bureau of Economic Research, Inc (2011) View citations (26)
    See also Journal Article in Scandinavian Journal of Economics (2014)

2010

24. 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 in Review of Economic Studies (2012)
25. Why does productivity fall during a financial crisis? The case of Argentina 2001
    2010 Meeting Papers, Society for Economic Dynamics

2009

26. 50 Years of Capital Flows
    2009 Meeting Papers, Society for Economic Dynamics
27. Bad Investments and Missed Opportunities: Capital Flows to Latin America and Asia, 1950-2004
    2009 Meeting Papers, Society for Economic Dynamics View citations (1)
28. 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 (163)

2008

29. Human Capital Risk and Limited Commitment
    2008 Meeting Papers, Society for Economic Dynamics
30. On the cost of financial crises
    2008 Meeting Papers, Society for Economic Dynamics View citations (1)
31. Restructuring the Sovereign Debt Restructuring Mechanism
    2008 Meeting Papers, Society for Economic Dynamics View citations (9)
32. 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

33. A Theory of Delay in Sovereign Defaults Based on Limited Commitment
    2007 Meeting Papers, Society for Economic Dynamics
34. 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 in Journal of the European Economic Association (2007)
35. The Efficiency and Mobility of International Capital Flows: 1950-2006
    2007 Meeting Papers, Society for Economic Dynamics

2006

36. Establishment size dynamics in the aggregate economy
    Staff Report, Federal Reserve Bank of Minneapolis View citations (31)
    See also Journal Article in American Economic Review (2007)
37. Leveraged Buyouts in the U.K. and Continental Europe: Retrospect and Prospect
    Other publications TiSEM, Tilburg University, School of Economics and Management View citations (6)
38. Sovereign debt, default and renegotiation
    2006 Meeting Papers, Society for Economic Dynamics
39. 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 in Review of Economic Studies (2007)

2005

40. Firm Size Dynamics in the Aggregate Economy
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (14)
    Also in Santa Cruz Department of Economics, Working Paper Series, Department of Economics, UC Santa Cruz (2004) View citations (2)
    2004 Meeting Papers, Society for Economic Dynamics (2004) View citations (4)
41. Guano Happens: Two Centuries of Sovereign Debt and Default
    2005 Meeting Papers, Society for Economic Dynamics View citations (1)

2004

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

Journal Articles

2021

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

2019

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

2018

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

2017

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

2016

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

2015

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

2014

12. 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 (35)
    See also Working Paper (2011)
13. 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 (2014)

2013

14. Empirical Research on Sovereign Debt and Default
    Annual Review of Economics, 2013, 5, (1), 247-272 View citations (117)
    See also Working Paper (2013)
15. 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 (8)
16. Where has all the productivity growth gone?
    Chicago Fed Letter, 2013, (Jan) View citations (2)

2012

17. Holdouts in Sovereign Debt Restructuring: A Theory of Negotiation in a Weak Contractual Environment
    Review of Economic Studies, 2012, 79, (2), 812-837 View citations (81)
    See also Working Paper (2010)

2010

18. 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

19. 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 (2007)
20. Establishment Size Dynamics in the Aggregate Economy
    American Economic Review, 2007, 97, (5), 1639-1666 View citations (160)
    See also Working Paper (2006)
21. Urban Structure and Growth
    Review of Economic Studies, 2007, 74, (2), 597-624 View citations (216)
    See also Working Paper (2006)

2006

22. 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 (2004)

2005

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

2004

25. 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)
26. 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 Journal Article in NBER Macroeconomics Annual (2016)
   Working Paper (2015)

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 in Review of Economic Dynamics (2017)