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The White House lawn on a sunny day.
Feature: Is DOGE Sure It Wants to Fire These People?

Juliette Kayyem examines the negative effects that Elon Musks鈥檚 Department of Government Efficiency (DOGE) could have on the safety of everyday Americans.

River running through a densely populated area.
Feature: Private Benefits from Public Investment in Climate Resilience

Joseph Aldy finds that governmental construction of levees, which enhance resilience to flood risks amplified by climate change, increases home values by 3-4 percent.

Person sits on a bed holding a check.
Feature: Assessing Government Outreach to Bolster Benefits Take-Up

Elizabeth Linos finds that light-touch interventions significantly, consistently, and cost-effectively increase benefits take-up among low-income households, while higher-touch proactive outreach yields minimal additional take-up.

Black family happily sits on the grass in a park.
Feature: Excess Mortality Rate in U.S. Black Children Since 1950

Soroush Saghafian finds that 5 million excess deaths of Black Americans, including over 500,000 infants, could have been avoided over the past 70 years if their mortality rates were equal to those of White Americans.

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

Electricity Scarcity Pricing Through Operating Reserves

Hogan, William W. "Electricity Scarcity Pricing Through Operating Reserves." Economics of Energy & Environmental Policy 2.2 (September 2013).

National Security Warrants Slowing Domestic Oil Depletion, Not Accelerating It

Frankel, Jeffrey A. "National Security Warrants Slowing Domestic Oil Depletion, Not Accelerating It." 糖心vlog官网 Faculty Research Working Paper Series, August 2013 (first draft).

Pentagon a Ripe Target for Cuts

Bilmes, Linda J. "Pentagon a Ripe Target for Cuts." Boston Globe, July 31, 2013.

Information Asymmetries in Consumer Lending: Evidence from Payday Lending

Dobbie, Willm and Paige Marta Skiba. "Information Asymmetries in Consumer Lending: Evidence from Payday Lending." American Economic Journal: Applied Economics 4 (July 2013): 5.

Weather, Salience of Climate Change and Congressional Voting

Herrnstadt, Evan, and Erich J. Muehlegger. "Weather, Salience of Climate Change and Congressional Voting." 糖心vlog官网 Faculty Research Working Paper Series RWP13-023, June 2013.

Effects of Speculation and Interest Rates
in a 鈥淐arry Trade鈥 Model of Commodity Prices

Frankel, Jeffrey A. "Effects of Speculation and Interest Rates in a 鈥淐arry Trade鈥 Model of Commodity Prices." 糖心vlog官网 Faculty Research Working Paper Series RWP13-022, January 24, 2014 (Revised from June 2013; and November 2013).

The Fiscal and Economic Effects of Austerity

Summers, Lawrence H. "The Fiscal and Economic Effects of Austerity." Testimony to the U.S. Senate Budget Committee, June 4, 2013.

Austerity Would Hurt U.S. Jobs and Growth

Summers, Lawrence H. "Austerity Would Hurt U.S. Jobs and Growth." Washington Post, June 2, 2013.

Comment on Evans, Kotlikoff, and Phillips

Elmendorf, Douglas. "Comment on Evans, Kotlikoff, and Phillips." Fiscal Policy After the Financial Crisis. Ed. Alesina, Alberto, and Francesco Giavazzi. University Of Chicago Press, 2013.

Bridging Decision Networks for Integrated Water and Energy Planning

Siddiqi, Afreen, Arani Kajenthira, and Laura D铆az Anad贸n. "Bridging Decision Networks for Integrated Water and Energy Planning." Energy Strategy Review 2.1 (June 2013): 46-58.

Psychological Perspectives on Gender in Negotiation

Bowles, Hannah Riley. "Psychological Perspectives on Gender in Negotiation." The Sage Handbook of Gender and Psychology. Ed. M.K. Ryan and N.R. Branscombe. Sage Publications Ltd, 2013.

Solomonic Separation: Risk Decisions as Productivity Indicators

Miller, Nolan, Alexander F. Wagner, and Richard J. Zeckhauser. "Solomonic Separation: Risk Decisions as Productivity Indicators." Journal of Risk and Uncertainty 46.3 (June 2013): 265-297.

Financial Transmission Rights: Point-to-Point Formulations

Hogan, William W. "Financial Transmission Rights: Point-to-Point Formulations." Financial Transmission Rights: Analysis, Experiences, and Prospects. Ed. Juan Rosellon and Tarjei Kristiansen. Springer, 2013.

The Decisions of Entrepreneurs and Their Agents: Revealed Levels of Risk Aversion and Betrayal Aversion

Dreber, Anna, David Rand, Nils Wernerfelt, Peter Worrell, and Richard Zeckhauser. "The Decisions of Entrepreneurs and Their Agents: Revealed Levels of Risk Aversion and Betrayal Aversion." 糖心vlog官网 Faculty Research Working Paper Series RWP13-016, May 2013.

Foreword

Sparrow, Malcolm K. "Foreword." Financial Supervision in the 21st Century. Ed. A. Joanne Kellermann, Jakob de Haan, and Femke de Vries. Springer-Verlag, 2013, v-viii.

Clusters of Entrepreneurship and Innovation

Glaeser, Edward L., Aaron Chatterji, and William R. Kerr. "Clusters of Entrepreneurship and Innovation." National Bureau of Economic Research, May 2013.

What Does Reputation Buy? Differentiation in a Market for Third-party Auditors

Duflo, Esther, Michael Greenstone, Rohini Pande, and Nicholas Ryan. "What Does Reputation Buy? Differentiation in a Market for Third-party Auditors." American Economic Review 103.3 (May 2013): 314-19.

Designing a Bretton Woods Institution to Address Global Climate Change

Aldy, Joseph. "Designing a Bretton Woods Institution to Address Global Climate Change." Handbook on Energy and Climate Change. Ed. Roger Fouquet. Edward Elgar, 2013.

Debt, Growth and the Austerity Debate

Reinhart, Carmen, and Kenneth S. Rogoff. "Debt, Growth and the Austerity Debate." New York Times, April 25, 2013.

The End of the Line

Summers, Lawrence H. "The End of the Line." Review of Austerity: The History of a Dangerous Idea, by Mark Blyth. Financial Times, April 12, 2013.

Navigating a Two-Way Street Between Academia and the Policy World

Stavins, Robert N. "Navigating a Two-Way Street Between Academia and the Policy World." Introduction to Economics Of Climate Change And Environmental Policy Economics Of Climate Change And Environmental Policy: Selected Papers of Robert N. Stavins, 2000鈥2011. Ed. Robert N. Stavins. Edward Elgar, 2013.

The Financial Legacy of Iraq and Afghanistan: How Wartime Spending Decisions Will Constrain Future National Security Budgets

Bilmes, Linda J. "The Financial Legacy of Iraq and Afghanistan: How Wartime Spending Decisions Will Constrain Future National Security Budgets." 糖心vlog官网 Faculty Research Working Paper Series RWP13-006, March 2013.

Europe's Hair-Trigger Economy

Summers, Lawrence H. "Europe's Hair-Trigger Economy." Reuters, March 18, 2013.

The Sordid History of Congressional Acceptance and Rejection of Cap-and-Trade: Implications for Climate Policy

Richard Schmalensee, and Robert N. Stavins. "The Sordid History of Congressional Acceptance and Rejection of Cap-and-Trade: Implications for Climate Policy." Vox, March 17, 2013.

Just Business: Multinational Corporations and Human Rights

Ruggie, John Gerard. Just Business: Multinational Corporations and Human Rights. W.W. Norton & Company, 2013.

Social Class and (Un)ethical Behavior: A Framework, with Evidence from a Large Population Sample

Trautmann, Stefan T., Gijs van de Kuilen, and Richard J. Zeckhauser. "Social Class and (Un)ethical Behavior: A Framework, with Evidence from a Large Population Sample." 糖心vlog官网 Faculty Research Working Paper Series RWP13-004, March 2013.

Review of Climate Change and Common Sense: Essays in Honour of Tom Schelling

Aldy, Joseph. Review of Climate Change and Common Sense: Essays in Honour of Tom Schelling, ed. Robert W. Hahn and Alastair Ulph. Journal of Regional Science, 53.1, February 2013: 201鈥203.

The Case for a U.S. Carbon Tax

Aldy, Joseph. "The Case for a U.S. Carbon Tax." Oxford Energy Forum 91 (February 2013): 13-16.

On the Use of Heuristics to Approximate Competitors鈥 Private Information

Lin, C.-Y. Cynthia, and Erich J. Muehlegger. "On the Use of Heuristics to Approximate Competitors鈥 Private Information." Journal of Economic Behavior & Organization 86 (February 2013): 10-23.

Active vs. Passive Decisions and
Crowd-out in Retirement
Savings Accounts: Evidence
from Denmark

Chetty, Raj, John N. Friedman, Soren Leth-Peterson, Torben Heien Nielsen, and Tore Olsen. "Active vs. Passive Decisions and Crowd-out in Retirement Savings Accounts: Evidence from Denmark." 糖心vlog官网 Faculty Research Working Paper Series RWP13-002, January 2013.

America has Multiple Deficits

Summers, Lawrence H. "America has Multiple Deficits." Reuters, January 22, 2013.

Invest in Massachusetts, but Don鈥檛 Play Robin Hood

Glaeser, Edward L. "Invest in Massachusetts, but Don鈥檛 Play Robin Hood." Boston Globe, January 22, 2013.

Mergers and Innovation in the Pharmaceutical Industry

Scherer, F.M., and William S. Comanor. "Mergers and Innovation in the Pharmaceutical Industry." Journal of Health Economics 32 (January 2013): 106-113.

On Average, Physicians Spend Nearly 11 Percent Of Their 40-Year Careers With An Open, Unresolved Malpractice Claim

Seabury, Seth A., Amitabh Chandra, Darius N. Lakdawalla, and Anupam B. Jena. "On Average, Physicians Spend Nearly 11 Percent Of Their 40-Year Careers With An Open, Unresolved Malpractice Claim." Health Affairs 32.1 (January 2013): 111-119.

A Preliminary Assessment of the American Recovery and Reinvestment Act鈥檚 Clean Energy Package

Aldy, Joseph. "A Preliminary Assessment of the American Recovery and Reinvestment Act鈥檚 Clean Energy Package." Review of Environmental Economics and Policy 7.1 (Winter 2013): 136-155.

Post-Durban Climate Policy Architecture Based on Linkage of Cap-and-Trade Systems

Ranson, Matthew, and Robert N. Stavins. "Post-Durban Climate Policy Architecture Based on Linkage of Cap-and-Trade Systems." Chicago Journal of International Law 13.2 (Winter 2013): 403-438.

A Tax Reform to Cut Complexity, Increase Fairness

Summers, Lawrence H. "A Tax Reform to Cut Complexity, Increase Fairness." Washington Post, December 16, 2012.

The Evolution of Household Income Volatility

Dynan, Karen, Douglas Elmendorf, and Daniel Sichel. "The Evolution of Household Income Volatility." The B.E. Journal of Economic Analysis and Policy 12.2 (December 2012).

Linkage as a Foundation for Post-Durban Climate Policy Architecture

Ranson, Matthew, and Robert N. Stavins. "Linkage as a Foundation for Post-Durban Climate Policy Architecture." Ethics, Policy & Environment 15.3 (December 2012): 272-275.

Addressing Catastrophic Risks: Disparate Anatomies Require Tailored Therapies

Viscusi, W. Kip, and Richard Zeckhauser,. "Addressing Catastrophic Risks: Disparate Anatomies Require Tailored Therapies." Regulatory Breakdown: The Crisis of Confidence in U.S. Regulation. Ed. Cary Coglianese. University of Pennsylvania Press, 2012, 21-48.

Missions-oriented RD&D Institutions in Energy between 2000 and 2010: A Comparative Analysis of China, the United Kingdom, and the United States

Diaz Anadon, Laura. "Missions-oriented RD&D Institutions in Energy between 2000 and 2010: A Comparative Analysis of China, the United Kingdom, and the United States." Research Policy 41.10 (December 2012): 1742-1756.

Financial Literacy, Financial Education and Economic Outcomes

Justine S. Hastings, Brigitte C. Madrian, William L. Skimmyhorn. "Financial Literacy, Financial Education and Economic Outcomes." NBER Working Papers 18412, September 2012.

Three Ways To Avoid Future 鈥楩iscal Cliffs鈥

Bilmes, Linda J. "Three Ways To Avoid Future 鈥楩iscal Cliffs鈥." WBUR, November 26, 2012.

Cuban Time Travel

Frankel, Jeffrey A. "Cuban Time Travel." Project Syndicate, November 22, 2012.

BP Lets Employees Take The Fall

Kayyem, Juliette. "BP Lets Employees Take The Fall." Boston Globe, November 19, 2012.

The Case for Gender Diversity

Bohnet, Iris, and David Ellwood. "The Case for Gender Diversity." Harvard Gazette, November 7, 2012.

The 鈥極bama Debt鈥 Fallacy

Summers, Lawrence H. "The 鈥極bama Debt鈥 Fallacy." Reuters, November 5, 2012.

From Berlin to Durban to Doha

Stavins, Robert N. "From Berlin to Durban to Doha." Environmental Forum. November/December 2012, 14.

What Makes Annuitization More Appealing?

Beshears, John, James J. Choi, David Laibson, Brigitte C. Madrian, and Stephen P. Zeldes. "What Makes Annuitization More Appealing?" NBER Working Papers 18575, November 2012.

Access Pricing, Competition, and Incentives to Migrate from 鈥淥ld鈥 to 鈥淣ew鈥 Technology

Marc Bourreau, Carlo Cambini, and Pinar Dogan. "Access Pricing, Competition, and Incentives to Migrate from 鈥淥ld鈥 to 鈥淣ew鈥 Technology." International Journal of Industrial Organization 30.6 (November 2012): 13鈥723.