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
Ruggie, John Gerard. "The Social Construction of the UN Guiding Principles on Business and Human Rights." Research Handbook on Human Rights and Business. Ed. Surya Deva and David Birchall. Edward Elgar, July 2020.
Aspelund, Karl M., Michael C. Droste, James H. Stock, and Christopher D. Walker. "Identification and Estimation of Undetected COVID-19 Cases Using Testing Data from Iceland." National Bureau of Economic Research, July 2020.
Frankel, Jeffrey A. "The Pandemic Pain of Emerging Markets." Project Syndicate, July 2020.
Aldy, Joseph, and Richard Zeckhauser. "Three Prongs for Prudent Climate Policy." Southern Economic Journal 87.1 (July 2020): 3-29.
Aspelund, Karl M., Michael Droste, James H. Stock, and Christopher D. Walker. "Identification and Estimation of Undetected COVID-19 Cases Using Testing Data from Iceland." June 2020.
Baqaee, David, Emmanuel Farhi, Michael Mina, and James H. Stock. "Policies for a Second Wave." Brookings Papers on Economic Activity, June 2020.
Furman, Jason. "The Unemployment Pandemic: Addressing America’s Jobs Crisis." Select Subcommittee on the Coronavirus Crisis, June 18, 2020.
Frankel, Jeffrey A. "The US is Officially in Recession Thanks to the Coronavirus Crisis." The Guardian, June 16, 2020.
Furman, Jason, Timothy Geithner, Glenn Hubbard, and Melissa S. Kearney. "What a Successful Economic Recovery Plan Must Look Like." Washington Post, June 16, 2020.
Horn, Sebastian, Carmen M. Reinhart, and Christoph Trebesch. "Coping with Disasters: Two Centuries of International Official Lending." June 2020.
Bilmes, Linda J., and John B. Loomis. Valuing U.S. National Parks and Programs: America's Best Investment, 1st edition. Routledge, 2020.
Cao, Jing, Mun S. Ho, Wenhao Hu, and Dale Jorgenson. "Effective Labor Supply and Growth Outlook in China." China Economic Review 61 (June 2020): 101398.
Cao, Jing, Mun S. Ho, Wenhao Hu, and Dale Jorgenson. "Estimating Flexible Consumption Functions for Urban and Rural Households in China." China Economic Review 61 (June 2020).
Stock, James H. "Reopening the Coronavirus-Closed Economy." Hutchins Center, 2020.
Coglianese, John, Todd D. Gerarden, and James H. Stock. "The Effects of Fuel Prices, Environmental Regulations, and Other Factors on US Coal Production, 2008-2016." The Energy Journal 41.1 (June 2020).
Dynan, Karen, and Douglas Elmendorf. "National Fiscal Policies to Fight Recessions in US States." AEA Papers and Proceedings 110 (May 2020): 131-136.
Bohnet, Iris, and Siri Chilazi. "Overcoming the Small-N Problem." University of Massachusetts, Amherst, Center for Employment Equity, May 2020.
Ilzetzki, Ethan, Carmen M. Reinhart, and Kenneth S. Rogoff. "Why is the Euro Punching Below Its Weight?" ÌÇÐÄvlog¹ÙÍø Faculty Research Working Paper Series RWP20-013, May 2020.
Bartik, Alexander W., Marianne Bertrand, Zoë B. Cullen, Edward L. Glaeser, Michael Luca, and Christopher T. Stanton. "How Are Small Businesses Adjusting to COVID-19? Early Evidence from a Survey." ÌÇÐÄvlog¹ÙÍø Faculty Research Working Paper Series RWP20-012, May 2020.
Aldy, Joseph E., and Sarah Armitage. "The Cost-Effectiveness Implications of Carbon Price Certainty." AEA Papers and Proceedings 110 (May 2020): 113-18.
Dynan, Karen, and Douglas Elmendorf. "National Fiscal Policies to Fight Recessions in US States." AEA Papers and Proceedings 110 (May 2020): 131-136.
Dynan, Karen, and Douglas Elmendorf. "The Federal Fisc." Harvard Magazine. May-June 2020.
Irwin, Scott H., Kristen McCormack, and James H. Stock. "The Price of Biodiesel RINs and Economic Fundamentals." American Journal of Agricultural Economics 102.3 (May 2020): 734-752.
Baqaee, David, Emmanuel Farhi, Michael J. Mina, and James H. Stock. "Reopening Scenarios." National Bureau of Economic Research, May 2020.
Metcalf, Gilbert E., and James H. Stock. "Measuring the Macroeconomic Impact of Carbon Taxes." AEA Papers and Proceedings 10 (May 2020): 101-106.
Aldy, Joseph, and Sarah Armitage. "The Cost-Effectiveness Implications of Carbon Price Certainty." American Economic Association Papers and Proceedings 110 (May 2020): 113-118.
Aldy, Joseph, Matthew Kotchen, Mary Evans, Meredith Fowlie, Arik Levinson, and Karen Palmer. "Deep Flaws in a Mercury Regulatory Analysis." Science 368.6488 (April 2020): 247-248.
Stiglitz, Joseph E., Robert J. Shiller, Gita Gopinath, Carmen M. Reinhart, Adam Posen, Eswar Prasad, Adam Tooze, L. D. Tyson, and Kishore Mahbubani. "How the Economy Will Look After the Coronavirus Pandemic." Foreign Policy 15 (April 2020).
Aldy, Joseph, and Richard Zeckhauser. "Three Prongs for Prudent Climate Policy." ÌÇÐÄvlog¹ÙÍø Faculty Research Working Paper Series RWP20-009, April 2020.
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.
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.
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.
Stock, James H. "Data Gaps and the Policy Response to the Novel Coronavirus." National Bureau of Economic Research, March 2020.
Scherer, F.M. "Managerial Control and Executive Compensation." Review of Industrial Organization 56.2 (March 2020): 315-327.
Horn, Sebastian, Carmen M. Reinhart, and Christoph Trebesch. "How Much Money Does the World Owe China?" Harvard Business Review 26 (February 2020).
Aldy, Joseph, Maximillian Auffhammer, Maureen Cropper, Arthur Fraas, and Richard Morgenstern. "Looking Back at Fifty Years of the Clean Air Act." ÌÇÐÄvlog¹ÙÍø Faculty Research Working Paper Series RWP20-003, February 2020.
Furman, Jason. "The Disappearing Corporate Income Tax." U.S. House of Representatives Committee on Ways and Means, February 11, 2020.
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.
Hanson, Gordon. "The Impacts of the U.S.-China Trade War." Business Economics 55 (February 2020): 69–72.
Banchard, Olivier, and Lawrence H. Summers. "Automatic Stabilizers in a Low-Rate Environment." Peterson Institute for International Economics, February 2020.
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.
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.
Sarin, Natasha, Lawrence Summers, and Joe Kupferberg. "Tax Reform for Progressivity: A Pragmatic Approach." The Hamilton Project, January 2020.
Kotowski, Maciej. "First-Price Auctions with Budget Constraints." Theoretical Economics 15.1 (January 2020): 199-237.
Furman, Jason. "How to Increase Growth While Raising Revenue: Reforming the Corporate Tax Code." The Hamilton Project, January 2020.
Stavins, Robert N. "The Future of U.S. Carbon-Pricing Policy." Environmental and Energy Policy and the Economy 1 (2020): 8-64.
Aldy, Joseph. "Evaluating Regulatory Performance: Learning from and Institutionalizing Retrospective Analysis of EPA Regulations." Case Western Reserve Law Review 70.4 (2020): 971-1006.
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).
Ruggie, John Gerard. "Corporate Purpose in Play: The Role of ESG Investing." Sustainable Investing: A Path to a New Horizon. Ed. Andreas Rasche, Herman Bril, and Georg Kell. Routledge, 2020.
Sparrow, Malcolm K. Fundamentals of Regulatory Design, Paperback & Kindle. Kindle Direct Publishing, 2020.