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Jason Furman
March 5, 2020, Opinion: "Given the mounting economic risks posed by the spread of the novel coronavirus, Congress should act swiftly but thoughtfully to pass fiscal stimulus…
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David Cutler
March 3, 2020, Paper: "Some of the most valuable innovations known to medicine have come from the pharmaceutical industry. Yet, the cost of those innovations places new drugs…
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Lawrence H. Summers
What the Fed can do to help with with coronavirus’s economic aftershock. March 3, 2020, Opinion: "While the Fed acted preemptively Tuesday, it is still too early to say much…
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Jeffrey Frankel
February 24, 2020, Opinion: "The COVID-19 outbreak seems to have raised the odds of a global recession dramatically. But even if no downturn materializes in the near term,…
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Victoria Ivashina
February 17, 2020, Paper: "Using credit-registry data for Spain and Peru, we document that four main types of commercial credit—asset-based loans, cash flow loans, trade finance…
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Anywhere Sikochi
February 16, 2020, Paper: "We examine the relationship between the gender of executives and corporate creditor recovery rates. Using 2,288 defaulted debt instruments, we find…
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Lawrence H. Summers
Data and code for: Automatic stabilizers in a low-rate environment. Lawrence Summers, February 16, 2020, Dataset, "In a world where monetary policy cannot assume responsibility…
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Lawrence H. Summers
February 2020, Paper: "Until the 2008–09 financial crisis, macroeconomic stabilization policy focused nearly exclusively on monetary policy. It made good sense. In terms of…
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Hong Luo
2020, Paper: "Equity capital cost plays an important role in investment strategies and asset valuation, but there is no recognized valuation model and unified model validity…
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Carmen Reinhart
January 22, 2020, Video, "Harvard Kennedy School Professor Carmen Reinhart discusses the current state of the U.S. economy and Federal Reserve monetary policy. She talks with…