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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’s 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

Using the Market to Address Climate Change: Insights from Theory and Experience

Aldy, Joseph, and Robert N. Stavins. "Using the Market to Address Climate Change: Insights from Theory and Experience." ÌÇÐÄvlog¹ÙÍø Faculty Research Working Paper Series RWP11-038, September 28, 2011.

Real-Time Economic Analysis and Policy Development During the BP Deepwater Horizon Oil Spill

Aldy, Joseph. "Real-Time Economic Analysis and Policy Development During the BP Deepwater Horizon Oil Spill." ÌÇÐÄvlog¹ÙÍø Faculty Research Working Paper Series RWP11-037, September 2011.

The World Must Insist that Europe Act

Summers, Lawrence H. "The World Must Insist that Europe Act." Finance Times, September 19, 2011.

Four Observations About the Federal Budget

Elmendorf, Douglas. "Four Observations About the Federal Budget." Business Economics 46.3 (September 2011): 139-143.

Unleash the Entrepreneurs

Glaeser, Edward L. "Unleash the Entrepreneurs." City Journal, 21.4, Fall 2011.

The Challenge of Degraded Environments: How Common Biases Impair Effective Policy

Berger, Alan, Case Brown, Carolyn Kousky, and Richard Zeckhauser. "The Challenge of Degraded Environments: How Common Biases Impair Effective Policy." Risk Analysis 31.9 (September 2011): 1423–1433.

2011 Technical Panel on Assumptions and Methods: Report to the Social Security Advisory Board

Madrian, Brigitte, Janet Bar, John Bongaarts, et alia. "2011 Technical Panel on Assumptions and Methods: Report to the Social Security Advisory Board." Social Security Advisory Board, September 2011.

The Rise of Developing Asia and the New Economic Order

Jorgenson, Dale W. "The Rise of Developing Asia and the New Economic Order." Journal of Policy Modeling 33.5 (September/October 2011): 698-745.

The Effect of Providing Peer Information on Retirement Savings Decisions

Beshears, John, James J. Choi, David Laibson, Brigitte C. Madrian, and Katherine L. Milkman. "The Effect of Providing Peer Information on Retirement Savings Decisions." Rand Corporation and NBER Working Papers (WR800 and 17345), 2011.

Assessing the Effects of Tobacco Policy Changes on Smoking-Related Health Expenditures

Newhouse, Joseph P. "Assessing the Effects of Tobacco Policy Changes on Smoking-Related Health Expenditures." After Tobacco: What Would Happen if Americans Stopped Smoking? Ed. Peter Bearman, Kathryn Neckerman, and Leslie Wright. Columbia University Press, 2011, 256-289.

$100 Bills on the Sidewalk: Violations of No-Arbitrage in 401(k) Accounts

Choi, James J., David Laibson, and Brigitte Madrian. "$100 Bills on the Sidewalk: Violations of No-Arbitrage in 401(k) Accounts." The Review of Economics and Statistics 93.3 (August 2011): 748-763.

The Water-Energy Nexus in Middle East and North Africa

Siddiqi, Afreen, and Laura Diaz Anadon. "The Water-Energy Nexus in Middle East and North Africa." Energy Policy 39.6 (August 2011): 4529-4540.

Access Pricing, Competition, and Incentives to Migrate From "Old" to "New" Technology

Bourreau, Marc, Carlo Cambini, and Pinar Dogan. "Access Pricing, Competition, and Incentives to Migrate From "Old" to "New" Technology." ÌÇÐÄvlog¹ÙÍø Faculty Research Working Paper Series RWP11-029, July 2011.

The Economics of Medical Care

Newhouse, Joseph P. "The Economics of Medical Care." Harrison’s Principles of Internal Medicine. Ed. Dan L. Longo, Anthony S. Fauci, Dennis L. Kasper, Stephen L. Hauser, J. Larry Jameson, and Joseph Loscalzo. McGraw Hill, 2011, e3.

The "CAPS" Prediction System and Stock Market Returns

Avery, Christopher, Judith Chevalier, and Richard Zeckhauser. "The "CAPS" Prediction System and Stock Market Returns." ÌÇÐÄvlog¹ÙÍø Faculty Research Working Paper Series RWP11-028, July 2011.

Deterring and Compensating Oil Spill Catastrophes: The Need for Strict and Two-Tier Liability

Viscusi, W. Kip, and Richard Zeckhauser. "Deterring and Compensating Oil Spill Catastrophes: The Need for Strict and Two-Tier Liability." ÌÇÐÄvlog¹ÙÍø Faculty Research Working Paper Series RWP11-025, July 2011.

The Behavior of Savings and Asset Prices When Preferences and Beliefs are Heterogeneous

Tran, Ngoc-Khanh, and Richard Zeckhauser. "The Behavior of Savings and Asset Prices When Preferences and Beliefs are Heterogeneous." ÌÇÐÄvlog¹ÙÍø Faculty Research Working Paper Series RWP11-026, July 2011.

Making Financial Markets Work For Consumers

Campbell, John Y., Howell E. Jackson, Brigitte C. Madrian, and Peter Tufano. "Making Financial Markets Work For Consumers." Harvard Business Review (July-August 2011).

Collaborative Governance

Donahue, John D., and Richard Zeckhauser. "Collaborative Governance." Milkin Institute Review. July 2011.

Fiscal Policy in Developing Countries: Escape from Procyclicality

Frankel, Jeffrey A., Carlos A. Vegh, and Guillermo Vuletin. "Fiscal Policy in Developing Countries: Escape from Procyclicality." VoxEU, June 23, 2011.

The Availability and Utilization of 401(k) Loans

Beshears, John, James J. Choi, David Laibson, and Brigitte C. Madrian. "The Availability and Utilization of 401(k) Loans." ÌÇÐÄvlog¹ÙÍø Faculty Research Working Paper Series RWP11-023, June 2011.

Using Implementation Intentions Prompts to Enhance Influenza Vaccination Rates

Milkman, Katherine L., John Beshears, James J. Choi, David Laibson, and Brigitte C. Madrian. "Using Implementation Intentions Prompts to Enhance Influenza Vaccination Rates." Proceedings of the National Academy of Sciences 108.26 (June 2011): 10415-10420.

How They Wrecked the Economy

Parker, Richard. "How They Wrecked the Economy." The American Prospect. June 9, 2011.

Synth: An R Package for Synthetic Control Methods in Comparative Case Studies

Abadie, Alberto, Alexis Diamond and Jens Hainmueller. "Synth: An R Package for Synthetic Control Methods in Comparative Case Studies." Journal of Statistical Software 42.13 (June 2011): 1-17.

Parallel R&D Paths Revisited

Scherer, F.M. "Parallel R&D Paths Revisited." ÌÇÐÄvlog¹ÙÍø Faculty Research Working Paper Series RWP11-022, June 2011.

The Methodology of Normative Policy Analysis

Robert, Christopher, and Richard Zeckhauser. "The Methodology of Normative Policy Analysis." Journal of Policy Analysis and Management 30.3 (Summer 2011): 613-643.

Comment on Auction Choice for Ambiguity-Averse Sellers Facing Strategic Uncertainty

Kotowski, Maciej. Comment on Auction Choice for Ambiguity-Averse Sellers Facing Strategic Uncertainty, Games and Economic Behavior, 72.2, June 2011: 448-451.

Why Smart Business Wants Strong Government

Donahue, John D., and Richard J. Zeckhauser. "Why Smart Business Wants Strong Government." Bloomberg Government, May 24, 2011.

Promoting Clean Energy in the American Power Sector

Aldy, Joseph. "Promoting Clean Energy in the American Power Sector." Hamilton Project Discussion Paper 2011-04, May 2011.

Beyond Big or Small Government

Donahue, John D., and Richard Zeckhauser. "Beyond Big or Small Government." National Journal, May 17, 2011.

Variable Temptations and Black Mark Reputations

Aperjis, Christina, Yali Miao, and Richard Zeckhauser. "Variable Temptations and Black Mark Reputations." ÌÇÐÄvlog¹ÙÍø Faculty Research Working Paper Series RWP11-020, May 2011.

Adjustment Costs, Firm Responses, and Micro vs. Macro Labor Supply Elasticities: Evidence from Danish Tax Records

Chetty, Raj, John N. Friedman, Tore Olsen, and Luigi Pistaferri. "Adjustment Costs, Firm Responses, and Micro vs. Macro Labor Supply Elasticities: Evidence from Danish Tax Records." Quarterly Journal of Economics 126.2 (May 2011): 749-804.

Challenges from State-Federal Interactions in U.S. Climate Change Policy

Goulder, Lawrence H., and Robert N. Stavins. "Challenges from State-Federal Interactions in U.S. Climate Change Policy." American Economic Review 101.3 (May 2011): 253-257.

Quality Adjustment for Healthcare Spending on Chronic Disease: Evidence from Diabetes Treatment, 1999-2009

Eggleston, Karen N., Nilay D. Shah, Steven A. Smith, Ernst R. Berndt, and Joseph P. Newhouse. "Quality Adjustment for Healthcare Spending on Chronic Disease: Evidence from Diabetes Treatment, 1999-2009." American Economic Review 101.3 (May 2011): 206–11.

Are Drugs Substitutes or Complements for Intensive (and Expensive) Medical Treatment

Zhang, Yuting, Joseph P. Newhouse and Katherine Baicker. "Are Drugs Substitutes or Complements for Intensive (and Expensive) Medical Treatment." American Economic Review 101.3 (May 2011): 393-397.

Incentive Formularies: Spending and Utilization for 3 Common Drug Classes

Landon, Bruce E., Meredith B. Rosenthal, Sharon-Lise T. Normand, Claire Spettell, Adam Lessler, Howard R. Underwood, and Joseph P. Newhouse. "Incentive Formularies: Spending and Utilization for 3 Common Drug Classes." American Journal of Pharmacy Benefits 3.3 (May-June 2011): 152-169.

What Is the Value of Terroir?

Cross, Robin, Andrew J. Plantinga, and Robert N. Stavins. "What Is the Value of Terroir?" American Economic Review 101.3 (May 2011): 152-156.

Trends in Global Energy-Technology Innovation

Gallagher, Kellt Sims, Laura Diaz Anadon, Ruud Kempener, and Charlie Wilson. "Trends in Global Energy-Technology Innovation." WIREs Climate Change 2.3 (May/June 2011): 372-396.

Behavioral Economics Perspective on Public Sector Pension Plans

Beshears, John, James J. Choi, David Laibson, and Brigitte C. Madrian. "Behavioral Economics Perspective on Public Sector Pension Plans." Journal of Pension Economics and Finance 10.2 (April 12, 2011): 315-336.

The Pragmatist’s Guide to Comparative Effectiveness Research

Chandra, Amitabh, Anupam B. Jena, and Jonathan S. Skinner. "The Pragmatist’s Guide to Comparative Effectiveness Research." Journal of Economic Perspectives 25.2 (Spring 2011): 27–46.

New Directions in Financial Services Regulation

Porter, Roger B., Robert R. Glauber, and Thomas J. Healey, eds. New Directions in Financial Services Regulation. MIT Press, 2011.

Diagnosis: Origins of the Crisis: Comments

Zeckhauser, Richard. "Diagnosis: Origins of the Crisis: Comments." New Directions in Financial Services Regulation. Ed. Porter, Roger, Robert R. Glauber, and Thomas J. Healey. MIT Press, 2011.

The Crisis of 2008 and Financial Services Regulation

Porter, Roger B. "The Crisis of 2008 and Financial Services Regulation." New Directions in Financial Services Regulation. Ed. Roger B. Porter, Robert R. Glauber, and Thomas J. Healey. The MIT Press, 2011, 1-12.

Why it Worked: Critical Success Factors of a Financial Reform Project in Africa

Peterson, Stephen. "Why it Worked: Critical Success Factors of a Financial Reform Project in Africa." ÌÇÐÄvlog¹ÙÍø Faculty Research Working Paper Series RWP11-019, March 2011.

The Environmental Justice Dimensions of Climate Change

Miranda, Marie Lynn, Douglas A. Hastings, Joseph E. Aldy, and William H. Schlesinger. "The Environmental Justice Dimensions of Climate Change." Environmental Justice 4.1 (March 2011): 17-25.

¿Qué sucedió (y por qué)? Una evaluación de los Acuerdos de Cancún

Stavins, Robert N. "¿Qué sucedió (y por qué)? Una evaluación de los Acuerdos de Cancún." Foreign Affairs Latinoamerica 11.1 (March 2011): 42-49.

How Does Simplified Disclosure Affect Individuals' Mutual Fund Choices?

Beshears, John, James J. Choi, David Laibson, and Brigitte C. Madrian. "How Does Simplified Disclosure Affect Individuals' Mutual Fund Choices?" Explorations in the Economics of Aging. Ed. David A. Wise. University of Chicago Press, 2011, 75-96.

Cancun Produces Meaningful Steps

Stavins, Robert N. "Cancun Produces Meaningful Steps." Environmental Forum 28.2 (March/April 2011): 16-17.

Abuse of Dominance by High-Technology Enterprises: A Comparison of U.S. and E.C. Approaches

Scherer, F.M. "Abuse of Dominance by High-Technology Enterprises: A Comparison of U.S. and E.C. Approaches." Journal of Industrial and Business Economics 38 (March 2011): 39-62.

Does Aggregated Returns Disclosure Increase Portfolio Risk-Taking?

Beshears, John, James J. Choi, David Laibson, and Brigitte C. Madrian. "Does Aggregated Returns Disclosure Increase Portfolio Risk-Taking?" NBER Working Papers 16868, 2011.