Landon-Lane, John

  • Portrait
  • Position: Professor of Economics and Chair
  • Specialty: Bayesian Econometrics, Applied Macroeconomics, Growth and Development
  • Location: New Jersey Hall 419
  • Phone: 848-932-8657
  • Email:
  • Website



John Landon-Lane is a Professor in the Department of Economics at Rutgers, The State University of New Jersey. He holds a B. Sc(Hons) and a M.Comm(Hons) from the University of Canterbury, New Zealand and a Ph.D. from the University of Minnesota. His research includes work in econometric theory, applied macro-econometrics, growth and development, and economic and financial history. He has published widely in internationally recognized economic journals. His current research includes models of growth and development that include the informal sector and applications of Bayesian methods to the estimation of these models.

Selected Publications

  •  “Vulnerability to Poverty: Tajikistan during and after the Global Financial Crisis,”
    (joint with Ira Gang, Ksenia Gatsova, and Myeong-Su Yun) Social Indicators Research, Vol. 138, Number 3, 925 – 951, 2018
  •  “An Index of the Yields of Junk Bonds: 1910-1955,”
    (with Hugh Rockoff, Peter Basile, and Sun Wan Kan) Journal of Economic History, Vol. 77, Number 4 (December), 2017
  •  “Does Expansionary Monetary Policy Cause Asset Price Booms; Some Historical and Empirical Evidence,”
    (with M.D. Bordo), in S. Bauducco, L. Christiano, and C. Raddatz (eds) Macroeconomic and Financial Stability: Challenges for Monetary Policy, Central Bank of Chile, Santiago, Chile, 2014, ISBN 978-956-7421-45-9.
  •  “What explains house price booms: History and empirical evidence,”
    (with M.D. Bordo) Macroeconomic Analysis and International Finance, Vol 23, Emerald Group Publishing, Feb, 2014.
  •  “Droughts, Floods, and Financial Distress in the United States,”
    (with H. Rockoff and R. Steckel) in The Economics of Climate Change (G.D. Libecap and R. H. Steckel (eds)), National Bureau of Economic Research Conference report, University of Chicago Press, Chicago, 2011, ISBN 978-0-226-47988-0.
  •  “The banking panics in the United States in the 1930s: some lessons for today,”
    (with M.D. Bordo) Oxford Review of Economic Policy, 26(3), pp486-509, Autumn 2010.
  •  “Deflation, Productivity Shocks and Gold: Evidence from the 1880-1914 Period,”
    (with M.D. Bordo and A. Redish) Open Economies Review, 21(4), pp515—546, September 2010.
  •  “Long-Run Growth in the OECD: A Test of the Parallel Growth Paths Hypothesis,”
    (with Peter Robertson) Explorations in Economic History, 46(3), pp 346-355, July 2009.
  •  “Factor Accumulation and Growth Miracles in a Two-Sector Model Neoclassical Growth Model,”
    (with P. Robertson) The Manchester School, 77(2) pp 153-170, March 2009.
  •  “Bayesian Estimation and Evaluation of the Segmented Markets Friction in Equilibrium Monetary Models,” (joint with Filippo Occhino) Journal of Macroeconomics, 30(1) pp 444-461, March 2008.
  •  “The origin and diffusion of shocks to regional interest rates in the United States, 1880—2002,”
    (with Hugh Rockoff) Explorations in Economic History, 44(3), pp 487—500, July, 2007.   
  •  “Reassessing the Impact of Barriers to Capital Accumulation on International Income Differences,”
     (joint with Peter Robertson) , International Economic Review, 48(1), pp 147-161, 2007.  
  •  "Hope springs eternal… French bondholders and the Soviet Repudiation (1915-1919),”
     (joint with Kim Oosterlinck) Review of Finance, 10(4), 2006.  
  •   "Inter-State Dynamics of Invention Activities, 1930-2000,” (joint with Catherine Co and Myeong-Su Yun),
    Journal of Applied Econometrics, 21(8), pp 1111-1134, 2006.
  •  “How Could Everyone have been so wrong?: Forecasting the Great Depression with the railroads.”
    (with Adam Klug and Eugene White) Explorations in Economic History , 42 p. 27-55, 2005.