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
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.
Olaberria, Eduardo, and Carmen Reinhart. "The Reversal Problem: Development Going Backwards: Development Going Backwards." Let's Talk Development, The World Bank, April 15, 2022.
Graf Von Luckner, Clemens, Kathryn Holston, and Carmen Reinhart. "Is Another Food Crisis Unfolding?" Let’s Talk Development, The World Bank, April 15, 2022.
Furman, Jason. "Why Did (Almost) No One See the Inflation Coming?" Intereconomics 57 (2022): 79-86.
Domash, Alex, and Lawrence H. Summers. "A labor market view on the risks of a U.S. hard landing." NBER Working Paper Series, April 2022.
Taylor, Charles A., and Hannah Druckenmiller. "Wetlands, Flooding, and the Clean Water Act." American Economic Review 112.4 (April 2022): 1334-1363.
Pazarbasioglu, Ceyla, and Carmen M. Reinhart. "Shining a Light on Debt." Finance & Development 59.001 (March 2022): 10-13.
Reinhart, Carmen M. "From Health Crisis to Financial Distress." IMF Economic Review 70.1 (March 2022): 4-31.
Hogan, William W. "Electricity Market Design and Zero-Marginal Cost Generation." Current Sustainable/Renewable Energy Reports 9 (March 2022): 15-26.
Furman, Jason. "The Economic Consequences of the Ukraine War." Project Syndicate. February 25, 2022.
Stavins, Robert N. "What will happen with US climate policy under the Biden Administration?" Greening Europe's Post-COVID-19 Recovery. Ed. Simone Tagliapietra, Guntram B. Wolff, and Georg Zachmann. Bruegel, February 2022, 140-151.
Horn, Sebastian, Carmen M. Reinhart, and Christoph Trebesch. "Hidden Defaults." World Bank, Policy Research Working Paper Series, February 2022.
Deep, Akash. "Infrastructure Finance." Infrastructure Economics and Policy: International Perspectives. Ed. Jose A. Gomez-Ibanez and Zhi Liu. Lincoln Institute of Land Policy, 2022, 213-238.
Stavins, Robert N. "The Relative Merits of Carbon Pricing Instruments: Taxes versus Trading." Review of Environmental Economics and Policy 16.1 (Winter 2022): 62-82.
Sarin, Natasha, Lawrence Summers, Owen Zidar, and Eric Zwick. "Rethinking How We Score Capital Gains Tax Reform." Tax Policy and the Economy 36 (2022): 1-33.
Okonjo-Iweala, Ngozi, Tharman Shanmugaratnam, and Lawrence H. Summers. "Rethinking Multilateralism for a Pandemic Era." Finance & Development (December 2021): 4-9.
Taylor, Charles A., and James Rising. "Tipping point dynamics in global land use." Environmental Research Letters 16.12 (December 2021): 125012.
Chilazi, Siri, Iris Bohnet, and Oliver Hauser. "Achieving Gender Balance at All Levels of Your Company." Harvard Business Review. 11/30/2021.
Hanson, Gordon H., and Chen Liu. "Immigration and Occupational Comparative Advantage." vlog Faculty Research Working Paper Series RWP21-029, November 2021.
Autor, David, David Dorn, and Gordon H. Hanson. "On the Persistence of the China Shock." vlog Faculty Research Working Paper Series RWP21-028, November 2021.
Furman, Jason. "What the Federal Reserve Should Do Now: An Elaboration." Peterson Institute for International Economics, November 18, 2021.
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.
Joseph E. Aldy, Tyler Felgenhauer, William A. Pizer, Massimo Tavoni, Mariia Belaia, Mark E. Borsuk, Arunabha Ghosh, Garth Heutel, Daniel Heyen, Joshua Horton, David Keith, Christine Merk, Juan Moreno-Cruz, Jesse L. Reynolds, Katharine Ricke, Wilfried Rickels, Soheil Shayegh, Wake Smith, Simone Tilmes, Gernot Wagner, and Jonathan B. Wiener. "Social science research to inform solar geoengineering." Science 374.6569 (2021): 815-818.
Aldy, Joseph et al. "Social Science Research to Inform Solar Geoengineering." Science 374.6569 (2021): 815-818.
Horn, Sebastian, Carmen M. Reinhart, and Christoph Trebesch. "China's overseas lending." Journal of International Economics 133 (November 2021): 1-32.
Hahn, Robert and Robert Stavins. "Why cap-and-trade should (and does) have appeal to politicians." Combatting Climate Change: a CEPR Collection. Ed. Beatrice Weder di Mauro. CEPR Press, 2021, 259-264.
Schlenker, Wolfram, and Charles A. Taylor. "Market expectations of a warming climate." Journal of Financial Economics 142.2 (November 2021): 627-640.
Stavins, Robert N., and Sheila M. Olmstead. "Environmental Insights: Conversations on policy and practice from the Harvard Environmental Economics Program." Harvard Environmental Economics Program, October 2021.
Graf von Luckner, Clemens, Carmen M. Reinhart, and Kenneth S. Rogoff. "Decrypting New Age International Capital Flows." NBER Working Paper Series, October 2021.
Ilzetzki, Ethan, Carmen M. Reinhart, and Kenneth S. Rogoff. "Rethinking Exchange Rate Regimes." NBER Working Paper Series, October 2021.
Avery, Christopher, Benjamin L. Castleman, Michael Hurwitz, Bridget Terry Long, Lindsay C. Page. "Digital messaging to improve college enrollment and success." Economics of Education Review 84 (October 2021).
Aldy, Joseph. "Addressing the Leakage and Competitiveness Risks of Climate Policy." RFF Issue Briefs, October 2021.
Taylor, Charles A., and Wolfram Schlenker. "Environmental Drivers of Agricultural Productivity Growth: CO2 Fertilization of US Field Crops." NBER Working Paper Series, October 2021.
Bilmes, Linda J. "The Long-Term Costs of United States Care for Veterans of the Afghanistan and Iraq Wars." vlog Faculty Research Working Paper Series RWP21-024, September 2021.
Bai, Jie, Maggie Chen, Jin Liu, and Daniel Yi Xu. "Search and Information Frictions on Global E-Commerce Platforms: Evidence from AliExpress." vlog Faculty Research Working Paper Series RWP20-037, November 2020; Updated September 2021.
Kose, M. Ayhan, Franziska L. Ohnsorge, Carmen M. Reinhart, and Kenneth S. Rogoff. "The Aftermath of Debt Surges." NBER Working Paper Series, September 2021.
Aldy, Joseph, Matthew L. Kotchen, Robert N. Stavins, and James H. Stock. "Keep Climate Policy Focused on the Social Cost of Carbon." Science 373.6557 (2021): 850-852.
Frankel, Jeffrey A., and Randy Kotti. "The Virus, Vaccination, and Voting." vlog Faculty Research Working Paper Series RWP21-021, August 2021.
Anderson, Weston, Charles A. Taylor, Sonali McDermid, Elisabeth Ilboudo-Nébié, Richard Seager, Wolfram Schlenker, Fabien Cottier, Alex de Sherbinin, Dara Mendeloff, and Kelsey Markey. "Violent conflict exacerbated drought-related food insecurity between 2009 and 2019 in sub-Saharan Africa." Nature Food 2.8 (August 2021): 603-615.
Furman, Jason. "Prepared Testimony on “Economic Disparities and the Economic Challenges Facing American Families”." Select Committee on Economic Disparity and Fairness in Growth, 07/29/2021.
Jorgenson, Dale W., and Khuong M. Vu. "The G20 and the World Economy: Performance and Prospects." Journal of Policy Modeling 43.4 (July/August 2021): 770-782.
Frankel, Jeffrey A. "America’s False Imbalance Syndrome." The Project Syndicate, June 2021.
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).
Avery, Christopher. "Advice and Caution on Investing in a College Education: An economist and a financial journalist offer their strategies." Review of Making College Pay: An Economist Explains How to Make a Smart Bet on Higher Education by Beth Akers, and The Price You Pay for College: An Entirely New Road Map for the Biggest Financial Decision Your Family Will Ever Make by Ron Lieber, by Beth Akers. Education Next, 21.3, Summer 2021.
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.
Bento, Nuno, Gianfranco Gianfrate, and Joseph E. Aldy. "National Climate Policies and Corporate Internal Carbon Pricing." The Energy Journal 42.5 (2021).
Bohnet, Iris, Oliver P. Hauser, and Ariella Kristal. "Can Gender and Race Dynamics in Performance Appraisals be Disrupted? The Case of Social Influence." vlog Faculty Research Working Paper Series RWP21-016, Working Paper.
Furman, Jason, Melissa Kearney, and Wilson Powell III. "How Much Have Childcare Challenges Slowed the US Jobs Market Recovery?" Peterson Institute for International Economics, May 2021.
Ruggie, John Gerard, Caroline Rees, and Rachel Davis. "Ten Years After: From UN Guiding Principles To Multi-Fiduciary Obligations." Business and Human Rights Journal (May 2021): 1-19.
Frankel, Jeffrey A. "Statistics And the Pandemic." The Project Syndicate, May 2021.