Larry W. Taylor

Larry Taylor is Professor of Economics. He joined the Lehigh faculty after earning his Ph.D. from the University of North Carolina at Chapel Hill in 1984. Professor Taylor has received research fellowships from the International Fertilizer Development Center and the Carolina Population Center, and has been a visiting academic at the Australian National University, the Hill Center at Rutgers University and the University of Pennsylvania. Portions of his work have been published in Econometric Reviews, Econometrics Journal, Economic Letters, The Journal of Econometrics, The Journal of Forensic Economics, The Journal of International Money and Finance, The Journal of Political Economy, The Oxford Bulletin of Economics and Statistics, The Review of Economics and Statistics, and The Southern Economic Journal.

Research Interests

  • Diagnostic Testing of Econometric Models
  • Financial Economics
  • Economic Cycles

Office Information

Office:
Phone:
Email:
Fax:

RBC, 425
(610) 758-3416
lwt0@lehigh.edu
(610) 758-4677

Selected Publications :  Link To Vita

  • Testing for Duration Dependence in Economic Cycles  with Jonathan Ohn and Adrian Pagan, Econometrics Journal, 7, 528-549, 2004. (This is an electronic version of an article published in The Econometrics Journal. Complete citation information for the final version of the paper, as published in the print edition of The Econometrics Journal, is available on the Blackwell Synergy online delivery service, accessible via the journal's web site at http://www.res.org.uk/econometrics/econometricshome.asp.)
  • Fortran Programs for the above paper.
  • "Influential Data Diagnostics for Transition Data," Advances in Econometrics: Missing Observations, Outliers and Mixed Frequency Data, edited by Carter Hill and Thomas Fomby, 13, 243-268, 1998.
  • "Diagnostics for IV Regressions," with Hashem Pesaran, The Oxford Bulletin of Economics and Statistics, 61(2), 255-281, 1999. Also, Department of Applied Economics Discussion Paper Series, No. 9709, University of Cambridge, 1997.
  • "An R2 Criterion Based on Optimal Predictors," Econometric Reviews, 16, 109-118, 1997.
  • "Swap Covered Interest Parity in Long-Date Capital Markets," with Donna Fletcher, The Review of Economics and Statistics, 3, 530-538, 1996.
  • "On a Simultaneous Equations Pre-Test Estimator," with Chris Skeels, Journal of Econometrics, 68, 269-286, 1995.
  • "Some Nonparametric Tests for Duration Dependence: An Application to UK Business Cycle Data," with Ram Mudambi, Journal of Applied Statistics, 22, 163-177, 1995.
  • "A Nonparametric Analysis of Covered Interest Parity in Long-Date Capital Markets," with Donna Fletcher, Journal of International Money and Finance, 13, 459-475, 1994.
  • "A Nonparametric Investigation of Duration Dependence in the American Business Cycle: A Note," with Ram Mudambi, Journal of Political Economy, 99, 654-656, 1991.

Courses Taught

  • Advanced Econometrics
  • Limited Dependent Variables
  •  Statistics
  • Microeconomics