ASHLEY TAYLOR

R4z19d, Financial Markets Group (FMG)

London School of Economics, Houghton St

London WC2A 2AE

Email: A.D.Taylor@lse.ac.uk

Web: www.ashleytaylor.org  

PRE-DOCTORAL STUDIES

1994-1997             BA (Hons.) in Philosophy, Politics and Economics, Merton College, University of Oxford

1999-2000             MSc in Economics (Distinction), London School of Economics

DOCTORAL STUDIES

2003-                        MPhil/PhD Economics, London School of Economics

Supervisor: Dr Gianluca Benigno

RESEARCH INTERESTS

Thesis topic: Macro-economic implications of increasing international financial integration

Broad research interests: international macroeconomics and finance, macroeconomics, financial stability and regulation

WORK EXPERIENCE

April 2007                              Consultant, Research Department, International Monetary Fund (IMF)

Feb to Mar 2007                   Projects Officer, Research Department, IMF

Nov to Dec 2006                   Visiting scholar, Research Department, IMF

June to Aug 2006                 Summer intern, Research Department, IMF

Dec 2004 to present             Research assistant, Financial Markets Group (FMG), LSE (under ESRC World Economy and Finance funded project on “Stability of The Global Financial System: Regulation and Policy Response”)

Oct 2003 to Oct 2005            Consultant, International Finance Division, Bank of England

Oct 2003 to June 2005          Part-time teaching assistant (undergraduate Economics A, Monetary Economics), Economics Department, LSE

Sep 2000 to Oct 2003           Economist, International Finance Division, Bank of England

Jan 2000 to Aug 2000          Research assistant, Export and Industrial Development Division, Commonwealth Secretariat

Sep 1997 to Aug 1999          Economic consultant, Oxford Economic Research Associates Ltd

HONOURS, SCHOLARSHIPS AND FELLOWSHIPS

2006                        EDNET Marie Curie Fellowship visit to Universitat Pompeu Fabra

2004-2007               ESRC Research Studentship

2003-2004               LSE Economics Department Studentship

1999-2000               ESRC Advanced Course Quota Studentship

COMPLETED PAPERS

Journal publications:

Highwaymen or Heroes: Should Hedge Funds be Regulated?” (joint with Daníelsson, J and Zigrand, J-P, FMG/LSE), Journal of Financial Stability, 1(4) , October 2005, pp. 522-543.

  • Press coverage: Financial Times  - FT Report - Fund Management: Marketplace, 8 November 2004, p.2 and FT Report - Fund Management, p. 27, 15 November 2004.

“International Financial Rescues and Debtor Country Moral Hazard” (with Gai, P, Bank of England (BoE)), International Finance, 7(3), 2004, pp. 391–420.

Other publications:

“Dealing with diversity - challenges for the IMF credit union model” (with Irwin, G, Penalver, A and Salmon, C, BoE), Bank of England Working Paper No. 349, May 2008.

“Procyclicality and volatility in the financial system: The implementation of Basel II and IAS 39” (with Goodhart, CAE, FMG/LSE), in Procyclicality of Financial Systems in Asia edited by Gerlach, S and Gruenwald, P., Palgrave Macmillan, 2006 (based on IMF/HKIMR seminar on Managing Procyclicality in the Financial System: Experiences in Asia and Policy Options, 2004, Hong Kong).

“Understanding Capital Flows to Emerging Market Economies within a Push/Pull Framework?” (with Ferrucci, G, Herzberg, V and Soussa, F, BoE), Bank of England Financial Stability Review, June 2004.

“Crisis Spillovers in Emerging Market Economies: Interlinkages, Vulnerabilities and Investor Behaviour” (joint with Hall, S and Chui, M, BoE), Bank of England Working Paper No. 212, 2004.

“Foreign Bank Lending to Emerging Market Economies: Insights and Applications” (with Herzberg, V, BoE), mimeo, 2004.

“Moral hazard: How Does IMF Lending Affect Debtor and Creditor Incentives?” (with Haldane, A, BoE), Bank of England Financial Stability Review, June 2003.

 “Benchmarking Competitiveness Performance In Developing Countries: A First Look At The Manufactured Export Competitiveness Index” (with Wignaraja, G, Commonwealth Secretariat) , in Wignaraja, G (ed.) Competitiveness Strategy In Developing Countries, Routledge, 2003.

“Spillovers From Recent Emerging Market Crises: What Might Account For Limited Contagion From Argentina?” (with Hall, S, BoE), Bank of England Financial Stability Review, June 2002.

RESEARCH IN PROGRESS

“Trade and financial sector reforms: Interactions and spillovers”

“FDI and value added volatility - the role of the financing channel”

 “Thresholds in the Process of Financial Integration” (with Kose, A, IMF, and Prasad, E, Cornell)

PRESENTATIONS

Conference presentations: ‘Cycles and Crises’, BETA Université Louis Pasteur (May 2008); Royal Economic Society Annual Meetings (April 2008); IMF Conference on the Causes and Consequences of Structural Reforms (Feb 2008); Money, Macro and Finance Conference (Sep 2007); FMG Conference on Cycles, Contagion and Crises (June 2007); Royal Economic Society Annual Meetings (invited session, April 2006); European Doctoral Programme Jamboree at the European University Institute (Oct 2005) ; “Hedge Funds: Heroes, or Highwaymen?” conference organized by University of Waterloo Institute for Quantitative Finance and Insurance (invited speaker, Nov 2004); European Economic Association Annual Congress (Aug, 2004) ; Far Eastern Econometrics Society Meetings (June/July 2004); Latin American and Caribbean Economic Association Conference (Oct 2002).

Seminar presentations: IMF Research Department (Feb 2008); Graduate Institute of International and Development Studies (Jan 2008); LSE PhD work-in-progress workshops (Nov 2006, Nov 2005, May 2005); Universitat Pompeu Fabra/CREI PhD work-in-progress workshop (Feb 2006); Bank of England (July 2005, Feb 2004, Aug 2002); Centre for Central Banking Studies (Oct 2004); Monetary Authority of Singapore (June 2002).

REFEREEING ACTIVITIES

Economica, The Economic Journal, Journal of Financial Stability.

IT SKILLS

Eviews, LaTeX, Maple, MATLAB, STATA and European Computer Driving Licence.

LANGUAGES

Native: English. Basic: French, Spanish.