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Delivery worker wearing a medical mask and carrying packages.
Feature: The Impact of State Paid Sick Leave Laws on Service Workers

Daniel Schneider finds that state paid sick leave laws increased service workers’ access to paid sick leave and reduced the share of service workers who worked while sick.

A family with a father, mother, and two small children walking on a dirt path.
Feature: Connecting Absolute and Relative Intergenerational Mobility

Deirdre Bloome offers two frameworks for understanding the relationship between types of intergenerational mobility, or whether people are socioeconomically better off than their parents.

Two women in rural India dressed colorfully and carrying baskets on their heads.
Feature: Studying a Government Program to Support Women’s Self-Help Groups

Michael Walton explores the interactions between state and society in rural India within a major community-based development program, finding two major tensions.

A network of computer motherboards and other parts assembled to look like a miniature city.
Feature: The Data-Informed City

Jorrit de Jong presents a comprehensive framework for how cities can use data to address problems more effectively, efficiently, equitably, and with better accountability.

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

Reflections on Kaplan's Chapter II

Risse, Mathias. "Reflections on Kaplan's Chapter II." Core Assumptions in Business Theory: A Wedge between Performance and Progress. Ed. Subramanian Rangan. Oxford, UK: Oxford University Press, 2025.

Reflections on Rajan's and Subrahmanyam's Chapters-II

Risse, Mathias. "Reflections on Rajan's and Subrahmanyam's Chapters-II." Core Assumptions in Business Theory: A Wedge between Performance and Progress. Ed. Subramanian Rangan. Oxford, UK: Oxford University Press, 2025.

Private Benefits from Public Investment in Climate Adaptation and Resilience

Bradt, Jacob T. and Joseph E. Aldy. "Private Benefits from Public Investment in Climate Adaptation and Resilience." March 24, 2025.

House to vote on budget to prevent shutdown

Elmendorf, Doug. "House to vote on budget to prevent shutdown." LiveNOW on FOX, March 11, 2025.

Energy, Climate, Growth

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.

What does the House-passed budget resolution mean?

Elmendorf, Doug. "What does the House-passed budget resolution mean?" Harvard Kennedy School, March 5, 2025.

Behaviorally Designed Training Leads to More Diverse Hiring

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.

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.

Fiscal policy and the pandemic-era surge in US inflation: Lessons for the future

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.

GDP as a Measure of Economic Well-Being

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.

Technological Disruption in the US Labor Market

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.

Dynamic scoring: A progress report on why, when, and how

Elmendorf, Douglas, Glenn Hubbard, and Heidi Williams. "Dynamic scoring: A progress report on why, when, and how." Brookings Papers on Economic Activity, September 26-27, 2024.

Measuring the Market for Legal Firearms

Armona, Luis, and Adam M. Rosenberg. "Measuring the Market for Legal Firearms." AEA Papers and Proceedings 114 (May 2024): 52-57.

America's Many Chip Vulnerabilities

Campanella, Edoardo, and John Haigh. "America's Many Chip Vulnerabilities." Project Syndicate, March 27, 2025.

The Market and Climate Implications of U.S. LNG Exports

Stock, James H., and Matthew Zaragoza-Watkins. "The Market and Climate Implications of U.S. LNG Exports." NBER Working Paper Series, March 2024.

The Battle for the Internet

Campanella, Edoardo, and John Haigh. "The Battle for the Internet." Survival 66.1 (2024): 69-84.

The Cost of Money is Part of the Cost of Living: New Evidence on the Consumer Sentiment Anomaly

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.

How Does Accounting for Population Change Affect Estimates of the Effect of Immigration Policies on the Federal Budget?

Elmendorf, Douglas, and Heidi Williams. "How Does Accounting for Population Change Affect Estimates of the Effect of Immigration Policies on the Federal Budget?" Penn Wharton Budget Model, January 18, 2024.

China Wants to Run Your Internet

Campanella, Edoardo, and John Haigh. "China Wants to Run Your Internet." Foreign Policy. August 25, 2023.

Investment versus Output Subsidies: Implications of Alternative Incentives for Wind Energy

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.

Behind schedule: The corporate effort to fulfill climate obligations

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.

Localizing Environmental Regulation: The Case of Boutique Fuels

Aldy, Joseph E., and Maximilian Auffhammer. "Localizing Environmental Regulation: The Case of Boutique Fuels." Resources for the Future, May 2023.

Debt Distress on China's Belt and Road

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.

Show and Tell: An Analysis of Corporate Climate Messaging and its Financial Impacts

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.

Exchange Rate Volatility and Monetary Policy

Ilzetzki, Ethan, Carmen Reinhart, and Kenneth Rogoff. "Exchange Rate Volatility and Monetary Policy." Vox EU, April 4, 2023.

China as an International Lender of Last Resort

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.

How Is the US Pricing Carbon? How Could We Price Carbon?

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.

The Evolving Role of Greenhouse Gas Emission Offsets in Combating Climate Change

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.

Learning How to Build Back Better through Clean Energy Policy Evaluation

Aldy, Joseph. "Learning How to Build Back Better through Clean Energy Policy Evaluation." ÌÇÐÄvlog¹ÙÍø Faculty Research Working Paper Series RWP22-010, August 2022.

Computation of Convex Hull Prices in Electricity Markets with Non-Convexities using Dantzig-Wolfe Decomposition

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.

Hidden Defaults

Horn, Sebastian, Carmen Reinhart, and Christoph Trebesch. "Hidden Defaults." American Economics Papers and Proceedings 112 (May 2022): 531-535.

Rethinking Exchange Rate Regimes

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.

Why Did (Almost) No One See the Inflation Coming?

Furman, Jason. "Why Did (Almost) No One See the Inflation Coming?" Intereconomics 57 (2022): 79-86.

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.

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.

Achieving Gender Balance at All Levels of Your Company

Chilazi, Siri, Iris Bohnet, and Oliver Hauser. "Achieving Gender Balance at All Levels of Your Company." Harvard Business Review. 11/30/2021.

On the Persistence of the China Shock

Autor, David, David Dorn, and Gordon H. Hanson. "On the Persistence of the China Shock." ÌÇÐÄvlog¹ÙÍø Faculty Research Working Paper Series RWP21-028, November 2021.

What the Federal Reserve Should Do Now: An Elaboration

Furman, Jason. "What the Federal Reserve Should Do Now: An Elaboration." Peterson Institute for International Economics, November 18, 2021.

Strengths and weaknesses of the PJM market model

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.

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.

Market expectations of a warming climate

Schlenker, Wolfram, and Charles A. Taylor. "Market expectations of a warming climate." Journal of Financial Economics 142.2 (November 2021): 627-640.

Decrypting New Age International Capital Flows

Graf von Luckner, Clemens, Carmen M. Reinhart, and Kenneth S. Rogoff. "Decrypting New Age International Capital Flows." NBER Working Paper Series, October 2021.

Rethinking Exchange Rate Regimes

Ilzetzki, Ethan, Carmen M. Reinhart, and Kenneth S. Rogoff. "Rethinking Exchange Rate Regimes." NBER Working Paper Series, October 2021.

Environmental Drivers of Agricultural Productivity Growth: CO2 Fertilization of US Field Crops

Taylor, Charles A., and Wolfram Schlenker. "Environmental Drivers of Agricultural Productivity Growth: CO2 Fertilization of US Field Crops." NBER Working Paper Series, October 2021.

The Long-Term Costs of United States Care for Veterans of the Afghanistan and Iraq Wars

Bilmes, Linda J. "The Long-Term Costs of United States Care for Veterans of the Afghanistan and Iraq Wars." ÌÇÐÄvlog¹ÙÍø Faculty Research Working Paper Series RWP21-024, September 2021.

Search and Information Frictions on Global E-Commerce Platforms: Evidence from AliExpress

Bai, Jie, Maggie Chen, Jin Liu, and Daniel Yi Xu. "Search and Information Frictions on Global E-Commerce Platforms: Evidence from AliExpress." ÌÇÐÄvlog¹ÙÍø Faculty Research Working Paper Series RWP20-037, November 2020; Updated September 2021.

The Aftermath of Debt Surges

Kose, M. Ayhan, Franziska L. Ohnsorge, Carmen M. Reinhart, and Kenneth S. Rogoff. "The Aftermath of Debt Surges." NBER Working Paper Series, September 2021.

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 role of childcare challenges in the US jobs market recovery during the COVID-19 pandemic

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.

National Climate Policies and Corporate Internal Carbon Pricing

Bento, Nuno, Gianfranco Gianfrate, and Joseph E. Aldy. "National Climate Policies and Corporate Internal Carbon Pricing." The Energy Journal 42.5 (2021).