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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

Will Fed Tightening Choke Emerging Markets?

Frankel, Jeffrey A. "Will Fed Tightening Choke Emerging Markets?" Project Syndicate, March 23, 2015.

Chinese Currency Manipulation Not a Problem

Frankel, Jeffrey A. "Chinese Currency Manipulation Not a Problem." East Asia Forum, March 9, 2015.

Are Negative Real Interest Rates the 'New Normal'?

Reinhart, Carmen. "Are Negative Real Interest Rates the 'New Normal'?" Nikkei Asian Review, March 5, 2015.

Debt Relief and Debtor Outcomes: Measuring the Effects of Consumer Bankruptcy Protection

Dobbie, Will and Jae Song. "Debt Relief and Debtor Outcomes: Measuring the Effects of Consumer Bankruptcy Protection." American Economic Review 105.3 (March 2015): 1272-1311.

Assessment and Communication of the Social Science of Climate Change: Bridging Research and Policy

Carraro, Carlo, Charles Kolstad, and Robert Stavins. "Assessment and Communication of the Social Science of Climate Change: Bridging Research and Policy." Review of Environment, Energy, and Economics (February 25, 2015).

Dealing with Debt

Reinhart, Carmen, Vincent Reinhart, and Kenneth Rogoff. "Dealing with Debt." ÌÇÐÄvlog¹ÙÍø Faculty Research Working Paper Series RWP15-009, February 2015.

Carbon Sequestration in the U.S. National Parks: A Value Beyond Visitation

Banasiak, Adam, Linda J. Bilmes, and John Loomis. "Carbon Sequestration in the U.S. National Parks: A Value Beyond Visitation." ÌÇÐÄvlog¹ÙÍø Faculty Research Working Paper Series RWP15-007, February 2015.

The F.T.C., Oligopoly, and Shared Monopoly

Scherer, F.M. "The F.T.C., Oligopoly, and Shared Monopoly." Review of Industrial Organization (February 2015): 5-23.

Tips and Tells from Managers: How Analysts and the Market Read Between the Lines of Conference Calls

Druz, Marina, Alexander F. Wagner, and Richard Zeckhauser. "Tips and Tells from Managers: How Analysts and the Market Read Between the Lines of Conference Calls." ÌÇÐÄvlog¹ÙÍø Faculty Research Working Paper Series RWP15-006, February 2015.

Linkage of Greenhouse Gas Emissions Trading Systems: Learning from Experience

Ranson, Matthew, and Robert N. Stavins. "Linkage of Greenhouse Gas Emissions Trading Systems: Learning from Experience." Climate Policy (February 4, 2015).

Comparing Countries' Climate Mitigation Efforts in a Post-Kyoto World

Aldy, Joseph, and William A. Pizer. "Comparing Countries' Climate Mitigation Efforts in a Post-Kyoto World." Implementing a US Carbon Tax: Challenges and Debates. Ed. Ian Parry, Adele Morris, and Roberton C. Williams III. Routledge, 2015.

Climate Sensitivity Uncertainty: When is Good News Bad?

Freeman, Mark C., Gernot Wagner, and Richard J. Zeckhauser. "Climate Sensitivity Uncertainty: When is Good News Bad?" ÌÇÐÄvlog¹ÙÍø Faculty Research Working Paper Series RWP15-002, January 2015.

Facilitating Linkage of Heterogeneous Regional, National, and Sub-National Climate Policies through a Future International Agreement

Bodansky, Daniel M., Seth A. Hoedl, Gilbert E. Metcalf, and Robert N. Stavins. "Facilitating Linkage of Heterogeneous Regional, National, and Sub-National Climate Policies through a Future International Agreement." ÌÇÐÄvlog¹ÙÍø Faculty Research Working Paper Series RWP15-003, January 2015.

Assessing the Energy-Efficiency Gap

Gerarden, Todd D., Richard G. Newell, and Robert N. Stavins. "Assessing the Energy-Efficiency Gap." ÌÇÐÄvlog¹ÙÍø Faculty Research Working Paper Series RWP15-004, January 2015.

An Assessment of the Energy-Efficiency Gap and its Implications for Climate-Change Policy

Gerarden, Todd D., Richard G. Newell, Robert N. Stavins, and Robert C. Stowe. "An Assessment of the Energy-Efficiency Gap and its Implications for Climate-Change Policy." ÌÇÐÄvlog¹ÙÍø Faculty Research Working Paper Series RWP15-005, January 2015.

Summary for Policymakers

Ji, Zou, T. Brewer, M.C. Grant, M. Elzen, M. Finus, J. Gupta, N. Hohne, M.K. Lee, A. Michaelowa, M. Paterson, K. Ramakrishna, R. Stavins, G. Wen, J. Wiener, and H. Winkler. "Summary for Policymakers." Climate Change 2014: Mitigation of Climate Change. Cambridge University Press, January 2015.

International Cooperation: Agreements and Instruments

Ji, Zou, T. Brewer, M.C. Grant, M. Elzen, M. Finus, J. Gupta, N. Hohne, M.K. LEE, A. Michaelowa, M. Paterson, K. Ramakrishna, R. Stavins, G. Wen, J. Wiener, and H. Winkler. "International Cooperation: Agreements and Instruments." Climate Change 2014: Mitigation. Cambridge University Press, January 2015.

Patents, Monopoly Power, and the Pricing of Pharmaceuticals in Low-Income Nations

Scherer, F.M. "Patents, Monopoly Power, and the Pricing of Pharmaceuticals in Low-Income Nations." The Handbook of Global Science, Technology, and Innovation. Ed. Archibugi, Daniele, and Andrea Filipetti. Wiley Blackwell, 2015, 443-457.

Research and Development Costs and Productivity in Biopharmaceuticals

Scherer, F.M. "Research and Development Costs and Productivity in Biopharmaceuticals." Encyclopedia of Health Economics. Elsevier, 2014, 249-255.

Using and Improving the Social Cost of Carbon

Pizer, William, Matthew Adler, Joseph Aldy, David Anthoff, Maureen Cropper, Kenneth Gillingham, Michael Greenstone, Brian Murray, Richard Newell, Richard Richels, Arden Rowell, Stephanie Waldhoff, and Jonathan Wiener. "Using and Improving the Social Cost of Carbon." Science 346.6213 (December 2014): 1181-1182.

Level of Access and Infrastructure Investment in Network Industries

Borreau, Marc, Pinar Dogan, and Romain Lestage. "Level of Access and Infrastructure Investment in Network Industries." Journal of Regulatory Economics 46.3 (December 2014): 237-260.

Why Assessing Estimative Accuracy is Feasible and Desirable

Friedman, Jeffrey A., and Richard Zeckhauser. "Why Assessing Estimative Accuracy is Feasible and Desirable." Intelligence and National Security (November 28, 2014).

An Economic Perspective on the EPA's Clean Power Plan

Fowlie, Meredith, Lawrence Goulder, Matthew Kotchen, Severin Borenstein, James Bushnell, Lucas Davis, Michael Greenstone, Charles Kolstad, Christopher Knittel, Robert Stavins, Michael Wara, Frank Wolak, and Catherine Wolfram. "An Economic Perspective on the EPA's Clean Power Plan." Science 346.6211 (November 2014): 815-816.

Facilitating Linkage of Heterogeneous
Regional, National, and Sub-National Climate Policies through a Future International Agreement

Bodansky, Daniel M., Seth A. Hoedl, Gilbert E. Metcalf, and Robert N. Stavins. "Facilitating Linkage of Heterogeneous Regional, National, and Sub-National Climate Policies through a Future International Agreement." ÌÇÐÄvlog¹ÙÍø Faculty Research Working Paper Series RWP14-056, November 2014.

First Mover Advantages and Optimal Patent Protection

Scherer, F.M. "First Mover Advantages and Optimal Patent Protection." ÌÇÐÄvlog¹ÙÍø Faculty Research Working Paper Series RWP14-053, November 2014.

Review of A Year in Burgundy

Stavins, Robert N. "Film Review: David Leonard, A Year in Burgundy." Review of A Year in Burgundy, by David Leonard. Journal of Wine Economics, 9.1, November 2014: 100-103.

This Time is Different: A Panoramic View of Eight Centuries of Financial Crises

Reinhart, Carmen, and Ken Rogoff. "This Time is Different: A Panoramic View of Eight Centuries of Financial Crises." Annals of Economics and Finance 15.2 (November 2014): 1065-1188.

Sovereign-Debt Relief And Its Aftermath: The 1930s, The 1990s, The Future?

Reinhart, Carmen and Christoph Trebesch. "Sovereign-Debt Relief And Its Aftermath: The 1930s, The 1990s, The Future?" Vox, October 21, 2014.

Venezuela's Economic Underperformance

Reinhart, Carmen, and Kenneth Rogoff. "Venezuela's Economic Underperformance." Project Syndicate, October 13, 2014.

Environmental Regulations, Air and Water Pollution, and Infant Mortality in India

Greenstone, Michael, and Rema Hanna. "Environmental Regulations, Air and Water Pollution, and Infant Mortality in India." American Economic Review 104.10 (October 2014): 3038-3072.

The Crucial Role of Policy Surveillance in International Climate Policy

Aldy, Joseph. "The Crucial Role of Policy Surveillance in International Climate Policy." Climatic Change 126.3/4 (October 2014): 279-292.

Belt and Suspenders and More: The Incremental Impact of Energy Efficiency Subsidies in the Presence of Existing Policy Instruments

Houde, Sebastien, and Joseph Aldy. "Belt and Suspenders and More: The Incremental Impact of Energy Efficiency Subsidies in the Presence of Existing Policy Instruments." ÌÇÐÄvlog¹ÙÍø Faculty Research Working Paper Series RWP14-046, September 2014.

Climate Realities

Stavins, Robert N. "Climate Realities." New York Times. 09/21/2014, 6-6.

Effect of Part D Coverage Restrictions for Antidepressants, Antipsychotics, and Cholinesterase Inhibitors on Related Nursing Home Resident Outcomes

Stevenson, David G., A. James O'Malley, Stacie Dusetzina, Susan L. Mitchell, Barbara Zarowitz, Michael Chernew, Joseph P. Newhouse, and Haiden A. Huskamp. "Effect of Part D Coverage Restrictions for Antidepressants, Antipsychotics, and Cholinesterase Inhibitors on Related Nursing Home Resident Outcomes." Journal of the American Geriatrics Society 62.9 (September 2014): 1666-1674.

Bribing in First-Price Auctions: Corrigendum

Kotowski, Maciej, and Shiran Rachmilevitch. "Bribing in First-Price Auctions: Corrigendum." Games & Economic Behavior 87 (September 2014): 616-618.

Electricity Market Design and Efficient Pricing: Applications for New England and Beyond

Hogan, William W. "Electricity Market Design and Efficient Pricing: Applications for New England and Beyond." Electricity Journal 27.7 (August 2014): 23-49.

CBO’s Outlook for the Economy in February 2014

Elmendorf, Douglas. "CBO’s Outlook for the Economy in February 2014." Business Economics (September 2014).

Impact of Private Sector Participation on access and quality of services: systematic review of evidence from the electricity, telecommunications and water supply sectors

John, Prachitha, Ashwin Mahalingam, Akash Deep, and A. Thillairajan. "Impact of Private Sector Participation on access and quality of services: systematic review of evidence from the electricity, telecommunications and water supply sectors." Journal of Development Effectiveness 7.1 (2015): 64-89.

The Banking Industry

Scherer, F.M. "The Banking Industry." ÌÇÐÄvlog¹ÙÍø Faculty Research Working Paper Series RWP14-042, September 2014.

The Relative Weights of Direct and Indirect Experiences in the Formation of Environmental Risk Beliefs

Viscusi, W. Kip, and Richard J. Zeckhauser. "The Relative Weights of Direct and Indirect Experiences in the Formation of Environmental Risk Beliefs." Risk Analysis (September 5, 2014).

The War of Attrition and the Revelation of Valuable Information

Kotowski, Maciej, and Fei Li. "The War of Attrition and the Revelation of Valuable Information." Economics Letters 124.3 (September 2014): 420–423.

The Investment Returns of Nonprofit Organizations: Part 1, Tales from 990 Forms

Heutel, Garth, and Richard Zeckhauser. "The Investment Returns of Nonprofit Organizations: Part 1, Tales from 990 Forms." Nonprofit Management and Leadership 25.19 (Fall 2014): 41-57.

The Investment Returns of Nonprofit Organizations: Part II, The Value of Focused Attention

Heutel, Garth, and Richard Zeckhauser. "The Investment Returns of Nonprofit Organizations: Part II, The Value of Focused Attention." Nonprofit Management and Leadership 25.19 (Fall 2014): 59-75.

Not A Superpower

Keith, David W. "Not A Superpower." Policy Opinions. September 2014.

The Labor Market Impacts of the 2010 Deepwater Horizon Oil Spill and Offshore Oil Drilling Moratorium

Aldy, Joseph. "The Labor Market Impacts of the 2010 Deepwater Horizon Oil Spill and Offshore Oil Drilling Moratorium." ÌÇÐÄvlog¹ÙÍø Faculty Research Working Paper Series RWP14-037, August 2014.

Applying Insights from Behavioral Economics to Policy Design

Madrian, Brigitte. "Applying Insights from Behavioral Economics to Policy Design." Annual Review of Economics 6 (August 2014): 663-688.

Sustainable Cooperation in Global Climate Policy: Specific Formulas and Emission Targets

Frankel, Jeffrey A., and Valentina Bosetti. "Sustainable Cooperation in Global Climate Policy: Specific Formulas and Emission Targets." Climate Change Economics 5.3 (August 2014).

What Makes Annuitization More Appealing?

Beshears, John, James J. Choi, David Laibson, Brigitte Madrian, and Stepehen P. Zeldes. "What Makes Annuitization More Appealing?" Journal of Public Economics 116 (August 2014): 2-16.

Capital Inflows, Exchange Rate Flexibility and Credit Booms

Magud, Nicolas E., Carmen M. Reinhart, and Esteban R. Vesperoni. "Capital Inflows, Exchange Rate Flexibility and Credit Booms." Review of Development Economics 18.3 (August 2014): 415-430.

Making Money by Giving It for
Free: Radiohead’s Pre-Release
Strategy for In Rainbows

Bourreau, Marc, Pinar Dogan, and Sounman Hong. "Making Money by Giving It for Free: Radiohead’s Pre-Release Strategy for In Rainbows." ÌÇÐÄvlog¹ÙÍø Faculty Research Working Paper Series RWP14-032, July 2014.