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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

US Economic Activity During the Early Weeks of the SARS-Cov-2 Outbreak

Lewis, Daniel, Karel Mertens, and James H. Stock. "US Economic Activity During the Early Weeks of the SARS-Cov-2 Outbreak." National Bureau of Economic Research, April 2020.

Measuring Real Activity Using a Weekly Economic Index

Lewis, Daniel J., Karel Mertens, James H. Stock, and Mihir Trivedi. "Measuring Real Activity Using a Weekly Economic Index." Federal Reserve Bank of New York, April 2020.

The Value of Carbon Capture, Utilization, and Sequestration

Chen, Cuicui, and Henry Lee. "The Value of Carbon Capture, Utilization, and Sequestration." Environment and Natural Resources Program, Belfer Center for Science and International Affairs, March 4, 2020.

Data Gaps and the Policy Response to the Novel Coronavirus

Stock, James H. "Data Gaps and the Policy Response to the Novel Coronavirus." National Bureau of Economic Research, March 2020.

Managerial Control and Executive Compensation

Scherer, F.M. "Managerial Control and Executive Compensation." Review of Industrial Organization 56.2 (March 2020): 315-327.

How Much Money Does the World Owe China?

Horn, Sebastian, Carmen M. Reinhart, and Christoph Trebesch. "How Much Money Does the World Owe China?" Harvard Business Review 26 (February 2020).

The Disappearing Corporate Income Tax

Furman, Jason. "The Disappearing Corporate Income Tax." U.S. House of Representatives Committee on Ways and Means, February 11, 2020.

The Fiscal Response to the Great Recession: Steps Taken, Paths Rejected, and Lessons for Next Time

Furman, Jason. "The Fiscal Response to the Great Recession: Steps Taken, Paths Rejected, and Lessons for Next Time." First Responders. Yale University Press, 2020, 451-488.

The Impacts of the U.S.-China Trade War

Hanson, Gordon. "The Impacts of the U.S.-China Trade War." Business Economics 55 (February 2020): 69–72.

Automatic Stabilizers in a Low-Rate Environment

Banchard, Olivier, and Lawrence H. Summers. "Automatic Stabilizers in a Low-Rate Environment." Peterson Institute for International Economics, February 2020.

Reopening the Coronavirus-Closed Economy

Eberly, Janice C., James H. Stock, and Jonathan H. Wright. "Reopening the Coronavirus-Closed Economy." International Journal of Central Banking 16.1 (February 2020): 5-71.

Federal Coal Program Reform, the Clean Power Plan, and the Interaction of Upstream and Downstream Climate Policies

Gerarden, Todd D., W. Spencer Reeder, and James H. Stock. "Federal Coal Program Reform, the Clean Power Plan, and the Interaction of Upstream and Downstream Climate Policies." American Economic Journal: Economic Policy 12.1 (February 2020): 167-199.

Tax Reform for Progressivity: A Pragmatic Approach

Sarin, Natasha, Lawrence Summers, and Joe Kupferberg. "Tax Reform for Progressivity: A Pragmatic Approach." The Hamilton Project, January 2020.

First-Price Auctions with Budget Constraints

Kotowski, Maciej. "First-Price Auctions with Budget Constraints." Theoretical Economics 15.1 (January 2020): 199-237.

How to Increase Growth While Raising Revenue: Reforming the Corporate Tax Code

Furman, Jason. "How to Increase Growth While Raising Revenue: Reforming the Corporate Tax Code." The Hamilton Project, January 2020.

The Future of U.S. Carbon-Pricing Policy

Stavins, Robert N. "The Future of U.S. Carbon-Pricing Policy." Environmental and Energy Policy and the Economy 1 (2020): 8-64.

Evaluating Regulatory Performance: Learning from and Institutionalizing Retrospective Analysis of EPA Regulations

Aldy, Joseph. "Evaluating Regulatory Performance: Learning from and Institutionalizing Retrospective Analysis of EPA Regulations." Case Western Reserve Law Review 70.4 (2020): 971-1006.

Carbon Tax Review and Updating: Institutionalizing an Act-Learn-Act Approach to U.S. Climate Policy

Aldy, Joseph. "Carbon Tax Review and Updating: Institutionalizing an Act-Learn-Act Approach to U.S. Climate Policy." Review of Environmental Economics and Policy 14.1 (Winter 2020).

Fundamentals of Regulatory Design

Sparrow, Malcolm K. Fundamentals of Regulatory Design, Paperback & Kindle. Kindle Direct Publishing, 2020.

Quasi-Experimental Estimates of the Transient Climate Response Using Observational Data

Montamat, Giselle, and James H. Stock. "Quasi-Experimental Estimates of the Transient Climate Response Using Observational Data." Climatic Change (2020): 1-11.

Climate Change, Climate Policy, and Economic Growth

Stock, James H. "Climate Change, Climate Policy, and Economic Growth." NBER Macroeconomics Annual 34.1 (January 2020): 399-419.

The Debt Pandemic

Bulow, Jeremy, Carmen Reinhart, Kenneth Rogoff, and Christoph Trebesch. "The Debt Pandemic." 2020.

The Two Margin Problem in Insurance Markets

Shepard, Mark, Michael Geruso, Timothy J. Layton, and Grace McCormack. "The Two Margin Problem in Insurance Markets." vlog Faculty Research Working Paper Series RWP19-035, November 2019.

Corporate Purpose in Play: The Role of ESG Investing

Ruggie, John Gerard. "Corporate Purpose in Play: The Role of ESG Investing." vlog Faculty Research Working Paper Series RWP19-034, November 2019.

The Property Rights Theory of Production Networks

Balbuzanov, Ivan, and Maciej Kotowski. "The Property Rights Theory of Production Networks." vlog Faculty Research Working Paper Series RWP19-033, November 2019.

The Economic Context for Reforming the Safety Net

Dynan, Karen. "The Economic Context for Reforming the Safety Net." The ANNALS of the American Academy of Political and Social Science 686.1 (November 2019): 352-368.

Procedural Justice and the Risks of Consumer Voting

Kim, Tami, Leslie John, Todd Rogers, and Michael Norton. "Procedural Justice and the Risks of Consumer Voting." Management Science 65.11 (November 2019): 5234-5251.

Be Like an Orchestra: How to Eliminate Gender Bias in Venture Capital Funding

Bohnet, Iris, Siri Chilazi, Anisha Asundi, and Lili Gil Valletta. "Be Like an Orchestra: How to Eliminate Gender Bias in Venture Capital Funding." King’s College London’s Global Institute for Women’s Leadership, October 2019.

Saudi Arabia’s Energy Infrastructure Under Attack. What’s Next?

De Blasio, Nicola, and Henry Lee. "Saudi Arabia’s Energy Infrastructure Under Attack. What’s Next?" National Interest, October 6, 2019.

Endowments, Exclusion, and Exchange

Balbuzanov, Ivan, and Maciej H. Kotowski. "Endowments, Exclusion, and Exchange." Econometrica 87.5 (September 2019): 1663-1692.

China, Like the US, Faces Challenges in Achieving Inclusive Growth Through Manufacturing

Lawrence, Robert Z. "China, Like the US, Faces Challenges in Achieving Inclusive Growth Through Manufacturing." China & World Economy (August 2019).

Italian Renaissance Portraits that Disappoint: Isabella d’Este, Francesco del Giocondo and Other Displeased Patrons

Nelson, Jonathan K., and Richard Zeckhauser. "Italian Renaissance Portraits that Disappoint: Isabella d’Este, Francesco del Giocondo and Other Displeased Patrons." vlog Faculty Research Working Paper Series RWP19-024, July 2019.

China's Overseas Lending

Horn, Sebastian, Carmen M. Reinhart, Christoph Trebesch. "China's Overseas Lending." July 2019.

First-Price Auctions with Budget Constraints

Kotowski, Maciej. "First-Price Auctions with Budget Constraints." vlog Faculty Research Working Paper Series RWP19-021, June 2019.

Should the Fed Be Constrained?

Frankel, Jeffrey A. "Should the Fed Be Constrained?" CATO Journal 39.2 (Spring/Summer 2019): 461-470.

Book Review: Gert Crum and Jan Bartelsman: Le Domaine de la Romanée-Conti

Stavins, Robert N. "Book Review: Gert Crum and Jan Bartelsman: Le Domaine de la Romanée-Conti." Review of Journal of Wine Economics, 14.3, 2019: 224-227.

Economic and Political Consequences of Trade-Induced Manufacturing Decline

Hanson, Gordon. "Economic and Political Consequences of Trade-Induced Manufacturing Decline." Meeting Globalization's Challenges: Policies to Make Trade Work for All. Ed. Luís Catão and Maurice Obstfeld. Princeton University Press, 2019.

Thunder Versus Lightning: A Performance and Cost Analysis of the A-10 “Warthog” Versus the F-35 Joint Strike Fighter

Green, John, and Richard Zeckhauser. "Thunder Versus Lightning: A Performance and Cost Analysis of the A-10 “Warthog” Versus the F-35 Joint Strike Fighter." Journal of Benefit-Cost Analysis 10.3 (2019): 434-468.

The Currency-Plus-Commodity Basket: A Proposal for Exchange Rates in Oil-Exporting Countries to Accommodate Trade Shocks Automatically?

Frankel, Jeffrey A. "The Currency-Plus-Commodity Basket: A Proposal for Exchange Rates in Oil-Exporting Countries to Accommodate Trade Shocks Automatically?" Institutions and Macroeconomic Policies in Resource-Rich Arab Economies. Ed. Kamiar Mohaddes, Jefffrey Nugent, and Hoda Selim. Oxford University Press, 2019, 149-182.

A Perfectly Robust Approach to Multiperiod Matching Problems

Kotowski, Maciej. "A Perfectly Robust Approach to Multiperiod Matching Problems." vlog Faculty Research Working Paper Series RWP19-016, May 2019 (Updated August 2019).

Recent U.S. Economic Performance and Prospects for Future Growth

Jorgenson, Dale W., Mun Ho, and Jon Samuels. "Recent U.S. Economic Performance and Prospects for Future Growth." Journal of Policy Modeling 41.3 (May 2019): 459-476.

The Role of Electric Vehicles in Decarbonizing China’s Transportation Sector

Qiao, Qinyu, and Henry Lee. "The Role of Electric Vehicles in Decarbonizing China’s Transportation Sector." Environment and Natural Resources Program, Belfer Center for Science and International Affairs, April 2019.

Birds of a Feather: Estimating the Value of Statistical Life from Dual-Earner Families

Aldy, Joseph. "Birds of a Feather: Estimating the Value of Statistical Life from Dual-Earner Families." vlog Faculty Research Working Paper Series RWP19-013, April 2019.

The Triffin Dilemma, Chinese Opacity, and Capital Mobility: Concluding Remarks on International Macroeconomic Policy

Reinhart, Carmen. "The Triffin Dilemma, Chinese Opacity, and Capital Mobility: Concluding Remarks on International Macroeconomic Policy." Evolution or Revolution? Rethinking Macroeconomic Policy after the Great Recession. MIT Press, 2019.

Saving Natural Gas through Regulation

Lee, Henry. "Saving Natural Gas through Regulation." National Interest, March 31, 2019.

Latin America's Challenging External Environment: Old and New Forces

Reinhart, Carmen. "Latin America's Challenging External Environment: Old and New Forces." Latin America Policy Journal 8 (Spring 2019): 9-13.

The Bus System of the Future

Goldsmith, Stephen and Wyatt Cmar. "The Bus System of the Future." Governing. January 23, 2019.

Should the Fed Be Constrained?

Frankel, Jeffrey A. "Should the Fed Be Constrained?" vlog Faculty Research Working Paper Series RWP19-003, December 2018.

Managerial Control and Executive Compensation

Scherer, F.M. "Managerial Control and Executive Compensation." vlog Faculty Research Working Paper Series RWP19-002, January 2019.

Cost Pass-Through to Higher Ethanol Blends at the Pump: Evidence from Minnesota Gas Station Data

Li, Jing, and James H. Stock. "Cost Pass-Through to Higher Ethanol Blends at the Pump: Evidence from Minnesota Gas Station Data." Journal of Environmental Economics and Management 93 (January 2019): 1-19.