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Two older people sit on a bench near a beach on a clear day.
Feature: Changes in Racial Gaps in Retirement Security over Time

Douglas Elmendorf and Karen Dynan find a large wealth disparity between White and Black families nearing retirement age, and notable wealth declines for both groups between 2001 and 2019.

A man wearing a mask talks on a cell phone.
Feature: Recovering from COVID

James Stock finds that COVID-19 recovery was unprecedented in its rapid speed but still introduced or accelerated structural economic changes, including to the labor force.

Person looks at a text message on their cell phone.
Feature: Efficacy of Text Messaging in Activating Hard-to-Reach Voters

Latanya Sweeney finds that text message reminders can effectively boost engagement and registration accuracy among hard-to-reach voters.

A person reads an academic article on a laptop.
Feature: The Global Distribution of Authorship in Economics Journals

Dani Rodrik finds that Western and Northern European authors are overrepresented in economics journals by an order of magnitude compared to authors based in low-income countries.

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

Don’t look to efficiency for big deficit reductions

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.

Homeward Bound: How Migrants Seek Out Familiar Climates

Obolensky, Marguerite, Marco Tabellini, and Charles Taylor. "Homeward Bound: How Migrants Seek Out Familiar Climates." NBER Working Paper Series, January 2024.

Wetlands, Flooding, and the Clean Water Act

Taylor, Charles A., and Hannah Druckenmiller. "Wetlands, Flooding, and the Clean Water Act." American Economic Review 112.4 (April 2022): 1334-1363.

What will happen with US climate policy under the Biden Administration?

Stavins, Robert N. "What will happen with US climate policy under the Biden Administration?" Greening Europe's Post-COVID-19 Recovery. Ed. Simone Tagliapietra, Guntram B. Wolff, and Georg Zachmann. Bruegel, February 2022, 140-151.

The Relative Merits of Carbon Pricing Instruments: Taxes versus Trading

Stavins, Robert N. "The Relative Merits of Carbon Pricing Instruments: Taxes versus Trading." Review of Environmental Economics and Policy 16.1 (Winter 2022): 62-82.

Rethinking How We Score Capital Gains Tax Reform

Sarin, Natasha, Lawrence Summers, Owen Zidar, and Eric Zwick. "Rethinking How We Score Capital Gains Tax Reform." Tax Policy and the Economy 36 (2022): 1-33.

Tipping point dynamics in global land use

Taylor, Charles A., and James Rising. "Tipping point dynamics in global land use." Environmental Research Letters 16.12 (December 2021): 125012.

Social science research to inform solar geoengineering

Joseph E. Aldy, Tyler Felgenhauer, William A. Pizer, Massimo Tavoni, Mariia Belaia, Mark E. Borsuk, Arunabha Ghosh, Garth Heutel, Daniel Heyen, Joshua Horton, David Keith, Christine Merk, Juan Moreno-Cruz, Jesse L. Reynolds, Katharine Ricke, Wilfried Rickels, Soheil Shayegh, Wake Smith, Simone Tilmes, Gernot Wagner, and Jonathan B. Wiener. "Social science research to inform solar geoengineering." Science 374.6569 (2021): 815-818.

China's overseas lending

Horn, Sebastian, Carmen M. Reinhart, and Christoph Trebesch. "China's overseas lending." Journal of International Economics 133 (November 2021): 1-32.

Addressing the Leakage and Competitiveness Risks of Climate Policy

Aldy, Joseph. "Addressing the Leakage and Competitiveness Risks of Climate Policy." RFF Issue Briefs, October 2021.

Violent conflict exacerbated drought-related food insecurity between 2009 and 2019 in sub-Saharan Africa

Anderson, Weston, Charles A. Taylor, Sonali McDermid, Elisabeth Ilboudo-Nébié, Richard Seager, Wolfram Schlenker, Fabien Cottier, Alex de Sherbinin, Dara Mendeloff, and Kelsey Markey. "Violent conflict exacerbated drought-related food insecurity between 2009 and 2019 in sub-Saharan Africa." Nature Food 2.8 (August 2021): 603-615.

How much could article 6 enhance nationally determined contribution ambition toward paris agreement goals through economic efficiency?

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).

The Dragon, the Eagle, and the Private Sector: Public-Private Collaboration in China and the United States

Eggleston, Karen, John D. Donahue, and Richard J. Zeckhauser. The Dragon, the Eagle, and the Private Sector: Public-Private Collaboration in China and the United States. Cambridge University Press, 2021.

Livestock plants and COVID-19 transmission

Taylor, Charles A., Christopher Boulosb, and Douglas Almonda. "Livestock plants and COVID-19 transmission." Proceedings of the National Academy of Sciences Vol.117.50 (December 15, 2020): 31706-31715.

Realizing the Potential of PPPs to Advance Asia's Infrastructure Development

Deep, Akash, Jungwook Kim and Minsoo Lee, eds. Realizing the Potential of PPPs to Advance Asia's Infrastructure Development. Asian Development Bank, 2019.

Paths to Convergence: Stock Price Adjustment After the Trump Election Shock

Wagner, Alexander F., Richard J. Zeckhauser, and Alexandre Ziegler. "Paths to Convergence: Stock Price Adjustment After the Trump Election Shock." ÌÇÐÄvlog¹ÙÍø Faculty Research Working Paper Series RWP17-039, September 2017 (Updated July 2018).

Company Stock Reactions to the 2016 Election Shock: Trump, Taxes and Trade

Wagner, Alexander F., Richard J. Zeckhauser, and Alexandre Ziegler. "Company Stock Reactions to the 2016 Election Shock: Trump, Taxes and Trade." ÌÇÐÄvlog¹ÙÍø Faculty Research Working Paper Series RWP17-005, February 2017.