Harvard Kennedy School faculty disseminate their research in working publications and papers that contribute to public knowledge and fuel policy innovation. This list features recent faculty publications, including journal articles, books, edited volumes, research papers, and public testimony.
Faculty Publications
Bradt, Jacob T. and Joseph E. Aldy. "Private Benefits from Public Investment in Climate Adaptation and Resilience." March 24, 2025.
Sinha, Jayant, Robert Stavins, Jessica Seddon, and Arunabha Ghosh. "Energy, Climate, Growth." Navigating Challenges for Sustainable Growth. Ed. Suman Bery, Kapil Kapoor, and Jean-Louis Arcand. Singapore: Springer, 2025, 1-18.
Arslan, Cansin, Edward H. Chang, Siri Chilazi, Iris Bohnet, and Oliver P. Hauser. "Behaviorally Designed Training Leads to More Diverse Hiring." Science 387.6732 (24 Jan 2025): 364-366.
Dynan, Karen, and Doug Elmendorf. "Don’t look to efficiency for big deficit reductions." What awaits the Department of Government Efficiency? ÌÇÐÄvlog¹ÙÍø experts on prospects for a radical new initiative, January 15, 2025.
Dynan, Karen, and Douglas Elmendorf. "Fiscal policy and the pandemic-era surge in US inflation: Lessons for the future." Understanding the COVID Era Inflation, Peterson Institute for International Economics, December 2024.
Dynan, Karen, and Louise Sheiner. "GDP as a Measure of Economic Well-Being." The Measure of Economies: Measuring Productivity in an Age of Technological Change. Ed. Reinsdorf, Marshall B. and Louise Sheiner. Chicago: The University of Chicago Press, 2024.
Deming, David, Christopher Ong, and Lawrence Summers. "Technological Disruption in the US Labor Market." Strengthening America’s Economic Dynamism. Ed. Melissa S. Kearney and Luke Pardue. Washington, DC: Aspen Institute, 2024.
Campanella, Edoardo, and John Haigh. "America's Many Chip Vulnerabilities." Project Syndicate, March 27, 2025.
Campanella, Edoardo, and John Haigh. "The Battle for the Internet." Survival 66.1 (2024): 69-84.
Bolhuis, Marijn A., Judd N. L. Cramer, Karl Oskar Schulz, and Lawrence H. Summers. "The Cost of Money is Part of the Cost of Living: New Evidence on the Consumer Sentiment Anomaly." NBER Working Paper Series, February 2024.
Campanella, Edoardo, and John Haigh. "China Wants to Run Your Internet." Foreign Policy. August 25, 2023.
Aldy, Joseph, Todd D. Gerarden, and Richard L. Sweeney. "Investment versus Output Subsidies: Implications of Alternative Incentives for Wind Energy." Journal of the Association of Environmental and Resource Economists 10.4 (July 2023): 981-1018.
Aldy, Joseph, Patrick Bolton, Marcin Kacperczyk, and Zachery M. Halem. "Behind schedule: The corporate effort to fulfill climate obligations." Journal of Applied Corporate Finance 35.2 (Spring 2023): 26-34.
Aldy, Joseph E., and Maximilian Auffhammer. "Localizing Environmental Regulation: The Case of Boutique Fuels." Resources for the Future, May 2023.
Horn, Sebastian, Bradley C. Parks, Carmen M. Reinhart, and Christoph Trebesch. "Debt Distress on China's Belt and Road." AEA Papers and Proceedings 113 (May 2023): 131-34.
Aldy, Joseph, Patrick Bolton, Zachery Halem, Marcin T. Kacperczyk, and Peter R. Orszag. "Show and Tell: An Analysis of Corporate Climate Messaging and its Financial Impacts." April 22, 2023.
Ilzetzki, Ethan, Carmen Reinhart, and Kenneth Rogoff. "Exchange Rate Volatility and Monetary Policy." Vox EU, April 4, 2023.
Horn, Sebastian, Bradley C. Parks, Carmen M. Reinhart, and Cristoph Trebesch. "China as an International Lender of Last Resort." World Bank Policy Research Working Paper Series, March 2023.
Aldy, Joseph E., Dallas Burtraw, Carolyn Fischer, Meredith Fowlie, Roberton C. Williams III & Maureen L. Cropper. "How Is the US Pricing Carbon? How Could We Price Carbon?" ÌÇÐÄvlog¹ÙÍø Faculty Research Working Paper Series RWP22-018, October 2022.
Aldy, Joseph E., and Zachery M. Halem. "The Evolving Role of Greenhouse Gas Emission Offsets in Combating Climate Change." ÌÇÐÄvlog¹ÙÍø Faculty Research Working Paper Series RWP22-011, August 2022.
Aldy, Joseph. "Learning How to Build Back Better through Clean Energy Policy Evaluation." ÌÇÐÄvlog¹ÙÍø Faculty Research Working Paper Series RWP22-010, August 2022.
Andrianesis, Panagiotis, Dimitris J Bertsimas, Michael Caramanis, and William W. Hogan. "Computation of Convex Hull Prices in Electricity Markets with Non-Convexities using Dantzig-Wolfe Decomposition." IEEE Transactions on Power Systems 37.4 (July 2022): 2578-2589.
Horn, Sebastian, Carmen Reinhart, and Christoph Trebesch. "Hidden Defaults." American Economics Papers and Proceedings 112 (May 2022): 531-535.
Ilzetzki, Ethan, Carmen Reinhart, and Kenneth Rogoff. "Rethinking Exchange Rate Regimes." Handbook of International Economics. Ed. Gita Gopinath, Elhanan Helpman, and Kenneth S. Rogoff. Elsevier, 2022, 91-145.
Furman, Jason. "Why Did (Almost) No One See the Inflation Coming?" Intereconomics 57 (2022): 79-86.
Taylor, Charles A., and Hannah Druckenmiller. "Wetlands, Flooding, and the Clean Water Act." American Economic Review 112.4 (April 2022): 1334-1363.
Taylor, Charles A., and James Rising. "Tipping point dynamics in global land use." Environmental Research Letters 16.12 (December 2021): 125012.
Chilazi, Siri, Iris Bohnet, and Oliver Hauser. "Achieving Gender Balance at All Levels of Your Company." Harvard Business Review. 11/30/2021.
Furman, Jason. "What the Federal Reserve Should Do Now: An Elaboration." Peterson Institute for International Economics, November 18, 2021.
Hogan, William W. "Strengths and weaknesses of the PJM market model." Handbook on Electricity Markets. Ed. Jean-Michel Glachant, Paul L. Joskow, and Michael G. Pollitt. Edward Elgar Publishing, 2021, 182-204.
Horn, Sebastian, Carmen M. Reinhart, and Christoph Trebesch. "China's overseas lending." Journal of International Economics 133 (November 2021): 1-32.
Schlenker, Wolfram, and Charles A. Taylor. "Market expectations of a warming climate." Journal of Financial Economics 142.2 (November 2021): 627-640.
Graf von Luckner, Clemens, Carmen M. Reinhart, and Kenneth S. Rogoff. "Decrypting New Age International Capital Flows." NBER Working Paper Series, October 2021.
Ilzetzki, Ethan, Carmen M. Reinhart, and Kenneth S. Rogoff. "Rethinking Exchange Rate Regimes." NBER Working Paper Series, October 2021.
Taylor, Charles A., and Wolfram Schlenker. "Environmental Drivers of Agricultural Productivity Growth: CO2 Fertilization of US Field Crops." NBER Working Paper Series, October 2021.
Kose, M. Ayhan, Franziska L. Ohnsorge, Carmen M. Reinhart, and Kenneth S. Rogoff. "The Aftermath of Debt Surges." NBER Working Paper Series, September 2021.
Edmonds, James, Sha Yu, Haewon Mcjeon, Dirk Forrister, Joseph Aldy, Nathan Hultman, Ryna Cui, Stephanie Waldhoff, Leon Clarke, Stefano de Clara, and Clayton Munnings. "How much could article 6 enhance nationally determined contribution ambition toward paris agreement goals through economic efficiency?" Climate Change Economics 12.2 (2021).
Furman, Jason, Melissa S. Kearney, and Wilson Powell. "The role of childcare challenges in the US jobs market recovery during the COVID-19 pandemic." NBER Working Paper Series, June 2021.
Bento, Nuno, Gianfranco Gianfrate, and Joseph E. Aldy. "National Climate Policies and Corporate Internal Carbon Pricing." The Energy Journal 42.5 (2021).
Aldy, Joseph. "Testimony on the Elimination of Fossil Fuel Subsidies to the US Subcommittee on the Environment." US House Oversight Committee, April 22, 2021.
Ippoliti, Roberto, Giovanni B. Ramello, and F.M. Scherer. "Partnership and innovation in the pharmaceutical industry: the case of clinical research." Economics of Innovation and New Technology 30.3 (April 2021): 317-334.
Reinhart, Carmen. "From Health Crisis to Financial Distress." World Bank Policy Research Working Paper Series, April 2021.
Graf von Luckner, Clemens, Josefin Meyer, Carmen Reinhart, and Christoph Trebesch. "External sovereign debt restructurings: Delay and replay." VoxEU. March 2021.
Atkinson, Caroline, Paul Barrett, Lynda Clarizio, Dipayan Ghosh, John Haigh, Thomas Melia, Michael Posner, Vivian Schiller, and Clint Watts. "Recommendations to the Biden Administration: On Regulating Disinformation and Other Harmful Content on Social Media." March 2021.
Ramelli, Stefano, Alexander F. Wagner, Richard J. Zeckhauser, and Alexandre Ziegler. "Investor Rewards to Climate Responsibility: Stock-Price Responses to the Opposite Shocks of the 2016 and 2020 U.S. Elections." ÌÇÐÄvlog¹ÙÍø Faculty Research Working Paper Series RWP21-011, March 2021.
Salles, MaurÃcio B. C., Taina N. Gadotti, Michael J. Aziz, and William W. Hogan. "Potential revenue and breakeven of energy storage systems in PJM energy markets." Environmental Science and Pollution Research 28 (March 2021): 12357-12368.
Mangu, Samhita, Thillai Rajan Annamalai, and Akash Deep. "Comparison of toll and annuity PPPs: a case study of highway projects in India." Built Environment Project and Asset Management 11.1 (February 2021): 103-120.
Reinhart, Carmen. "The quiet financial crisis." World Bank Blogs: Let's Talk Development. January 2021.
Reinhart, Carmen, and Vincent Reinhart. "La depresión de la pandemia: la economÃa mundial nunca volverá a ser la misma." Foreign affairs: Latinoamérica 21.1 (January 2021): 106-114.
Furman, Jason. "The Crisis Opportunity: What It Will Take to Build Back a Better Economy." Foreign Affairs 100.1 (January/February 2021): 25-35.