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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

On the Renminbi.

Frankel, Jeffrey A. "On the Renminbi." CESifo Forum 6.3 (Autumn 2005): 16-21.

Climate and Trade: Links Between the Kyoto Protocol and WTO.

Frankel, Jeffrey A. "Climate and Trade: Links Between the Kyoto Protocol and WTO." Environment 47.7 (September 2005): 8-19.

Peg the Export Price Index: A Proposed Monetary Regime for Small Countries.

Frankel, Jeffrey A. "Peg the Export Price Index: A Proposed Monetary Regime for Small Countries." Journal of Policy Modeling 27.4 (June 2005): 495-508.

How Real Interest Rates Cast a Shadow over Oil.

Frankel, Jeffrey A. "How Real Interest Rates Cast a Shadow over Oil." Financial Times, April 15, 2005.

On the Renminbi: The Choice between Adjustment under a Fixed Exchange Rate and Adjustment under a Flexible Rate.

Frankel, Jeffrey A. "On the Renminbi: The Choice between Adjustment under a Fixed Exchange Rate and Adjustment under a Flexible Rate." NBER Working Paper 11274, April 2005.

Review of Is it 1958 or 1968? Three Notes on the Longevity of the Revived Bretton Woods System

Frankel, Jeffrey A. "Comments on." Review of "Is it 1958 or 1968? Three Notes on the Longevity of the Revived Bretton Woods System.", by Michael Dooley and Peter Garber. Brookings Panel on Economic Activity, 0.1, 2005: 195-204.

Is Trade Good or Bad for the Environment? Sorting out the Causality.

Frankel, Jeffrey A and Andrew Rose. "Is Trade Good or Bad for the Environment? Sorting out the Causality." Review of Economics and Statistics 87.1 (February 2005): 85-91.

Contractionary Currency Crashes in Developing Countries.

Frankel, Jeffrey A. "Contractionary Currency Crashes in Developing Countries." KSG Faculty Research Working Paper Series RWP05-017 (also NBER WP 11510, August 2005), February 2005.

Slow Passthrough Around the World: A New Import for Developing Countries?

Frankel, Jeffrey A., David C. Parsley, and Shang-Jin Wei. "Slow Passthrough Around the World: A New Import for Developing Countries?" KSG Faculty Research Working Paper Series RWP05-016 (also NBER Working Paper 11199), February 2005.

Managing Macroeconomic Crises: Policy Lessons.

Frankel, Jeffrey A. and Shang-Jin Wei. "Managing Macroeconomic Crises: Policy Lessons." Managing Economic Volatility and Crises: A Practitioner's Guide. Ed. Aizenman, Joshua, and Brian Pinto. Cambridge University Press, 2005, 315-405.

Globalization and the Environment.

Frankel, Jeffrey A. "Globalization and the Environment." Economics of the Environment. Ed. Stavins, Robert N. W.W. Norton, 2005, 361-398.

Globalization and the Environment.

Frankel, Jeffrey A. "Globalization and the Environment." Globalization: What's New? Ed. Michael M. Weinstein. Columbia University Press, 2005, 129-169.

Comment on The Euro, Stabilization Policy and the Stability and Growth Pact OR Can Rubinomics work in the Eurozone?

Frankel, Jeffrey A. Comments on "The Euro, Stabilization Policy and the Stability and Growth Pact OR Can Rubinomics work in the Eurozone?" Ed. Adam S. Posen. The Euro at Five: Ready for a Global Role?, 2005: 157-169.

A Debate on the Budget Deficit.

Frankel, Jeffrey A. "A Debate on the Budget Deficit." Challenge November 2004: 12-45.

The Wrong Approach.

Frankel, Jeffrey A., and Jessica Stern. "The Wrong Approach." Baltimore Sun, October 29, 2004.

Kyoto and Geneva: Linkage of the Climate Change Regime and the Trade Regime.

Frankel, Jeffrey A. "Kyoto and Geneva: Linkage of the Climate Change Regime and the Trade Regime." KSG Faculty Research Working Paper Series RWP04-042, October 2004.

Global Transmission of Interest Rates: Monetary Independence and the Currency Regime.

Schmukler, Sergio, Luis Servén and Jeffrey A. Frankel. "Global Transmission of Interest Rates: Monetary Independence and the Currency Regime." Journal of International Money and Finance 23.5 (September 2004): 701-734.

Does Openness to Trade Make Countries More Vulnerable to Sudden Stops, or Less? Using Gravity to Establish Causality.

Frankel, Jeffrey A., and Eduardo Cavallo. "Does Openness to Trade Make Countries More Vulnerable to Sudden Stops, or Less? Using Gravity to Establish Causality." KSG Faculty Research Working Paper Series RWP04-038, August 2004.

On the Renminbi: The Choice Between Adjustment under a Fixed Exchange Rate and Adjustment under a Flexible Rate.

Frankel, Jeffrey A. "On the Renminbi: The Choice Between Adjustment under a Fixed Exchange Rate and Adjustment under a Flexible Rate." KSG Faculty Research Working Paper Series RWP04-037, August 2004.

Real Convergence and Euro Adoption in Central and Eastern Europe: Trade and Business Cycle Correlations as Endogenous Criteria for Joining EMU.

Frankel, Jeffrey A. "Real Convergence and Euro Adoption in Central and Eastern Europe: Trade and Business Cycle Correlations as Endogenous Criteria for Joining EMU." KSG Faculty Working Paper Series RWP04-039, August 2004.

It's a Tough Job to Create Jobs: But That Doesn't Stop Bush and Kerry from Saying They Can.

Frankel, Jeffrey A. "It's a Tough Job to Create Jobs: But That Doesn't Stop Bush and Kerry from Saying They Can." Washington Post, April 11, 2004.

Bush's Spectacular Failure.

Frankel, Jeffrey A. "Bush's Spectacular Failure." International Economy Spring 2004: 22-27, 71.

Designing a Regime of Emission Commitments for Developing Countries That Is Cost-Effective and Equitable.

Aldy, Joseph E., and Jeffrey A. Frankel. “Designing a Regime of Emission Commitments for Developing Countries That Is Cost-Effective and Equitable." G20 Leaders and Global Climate Change Report, Council of Foreign Relations, 2004.

Experience of and Lessons from Exchange Rate Regimes in Emerging Economies.

Frankel, Jeffrey A. "Experience of and Lessons from Exchange Rate Regimes in Emerging Economies." Monetary and Financial Integration in Asia: The Way Ahead (Vol. 2). Ed. Asian Development Bank. Palgrave Macmillan, 2004, 91-138.

Bush's Jobless Economic Recovery: Workers Pay Price for Productivity.

Frankel, Jeffrey A. "Bush's Jobless Economic Recovery: Workers Pay Price for Productivity." Forward, December 19, 2003.

The Euro Area and World Interest Rates.

Chinn, Menzie, and Jeffrey A. Frankel. "The Euro Area and World Interest Rates." Santa Cruz Center for International Economics Paper 03-17, November 2003.

Is Trade Good or Bad for the Environment? Sorting Out the Causality.

Frankel, Jeffrey A., and Andrew K. Rose. "Is Trade Good or Bad for the Environment? Sorting Out the Causality." KSG Faculty Research Working Papers Series RWP03-038, September 2003.

Bush's Tax-Cut Policy is a Bad Investment.

Frankel, Jeffrey A. "Bush's Tax-Cut Policy is a Bad Investment." Forward, June 27, 2003.

A Crude Peg for the Iraqi Dinar.

Frankel, Jeffrey A. "A Crude Peg for the Iraqi Dinar." Financial Times, June 13, 2003.

Advice to a Fledgling Economic Advisor.

Frankel, Jeffrey A. "Advice to a Fledgling Economic Advisor." Financial Times, March 31, 2003.

Trading Places: How to Tell the Republicans from the Democrats.

Frankel, Jeffrey A. "Trading Places: How to Tell the Republicans from the Democrats." Milken Institute Review March 2003: 18-25.

Experience of and Lessons from Exchange Rate Regimes in Emerging Economies.

Frankel, Jeffrey A. "Experience of and Lessons from Exchange Rate Regimes in Emerging Economies." KSG Faculty Research Working Papers Series RWP03-011, February 2003.

National Institutions and the Role of the IMF

Frankel, Jeffrey A. "National Institutions and the Role of the IMF." KSG Faculty Research Working Papers Series RWP03-010, February 2003.

A Proposed Monetary Regime for Small Commodity-Exporters: Peg the Export Price ('PEP').

Frankel, Jeffrey A. "A Proposed Monetary Regime for Small Commodity-Exporters: Peg the Export Price ('PEP')." KSG Faculty Research Working Papers Series RWP03-003, January 2003.

Managing Currency Crises in Emerging Markets

Dooley, Michael P., and Jeffrey A. Frankel, eds. Managing Currency Crises in Emerging Markets. University of Chicago Press, 2003.

Measuring International Capital Mobility: A Review.

Frankel, Jeffrey A. "Measuring International Capital Mobility: A Review." International Financial Integration. Ed. Sylvester Eijffinger and Jan Lemmen. Edward Elgar, 2003.

International Capital Mobility in Developing Countries vs. Industrialized Countries: What Do Saving-Investment Correlations Tell Us?

Frankel, Jeffrey A. "International Capital Mobility in Developing Countries vs. Industrialized Countries: What Do Saving-Investment Correlations Tell Us?" International Financial Integration. Ed. Sylvester Eijffinger and Jan Lemmen. Edward Elgar, 2003.

Political vs. Currency Premia in International Real Interest Differentials: A Study of Forward Rates for 24 Countries.

Frankel, Jeffrey A. "Political vs. Currency Premia in International Real Interest Differentials: A Study of Forward Rates for 24 Countries." International Financial Integration. Ed. Sylvester Eijffinger and Jan Lemmen. Edward Elgar, 2003.

International Capital Mobility in Developing Countries vs. Industrialized Countries: What Do Saving-Investment Correlations Tell Us?

Frankel, Jeffrey A., Michael P. Dooley, and Donald J. Mathieson. "International Capital Mobility in Developing Countries vs. Industrialized Countries: What Do Saving-Investment Correlations Tell Us?" International Financial Integration. Ed. Sylvester C. W. Eijffinger and Jan Lemmen. Edward Elgar, 2003.

Coping with Crises in Emerging Markets: Adjustment versus Financing.

Frankel, Jeffrey A. "Coping with Crises in Emerging Markets: Adjustment versus Financing." Perspectives in Global Finance. Ed. Dilip Das. Routledge, 2003.

Comment on The Empirics of Growth: An Update

Frankel, Jeffrey A. Comment on The Empirics of Growth: An Update, by Barry Bosworth and Susan M. Collins. Brookings Panel on Economic Activity, 2 2003: 189-199.

Promoting Better National Institutions: The Role of the IMF.

Frankel, Jeffrey A. "Promoting Better National Institutions: The Role of the IMF." IMF Staff Papers 50, 2003.

Comment on Towards a Statutory Approach to Sovereign Debt Restructuring: Lessons from Corporate Bankruptcy Practice around the World

Frankel, Jeffrey A. Comment on Towards a Statutory Approach to Sovereign Debt Restructuring: Lessons from Corporate Bankruptcy Practice around the World, by Patrick Bolton. IMF Staff Papers, 50 2003: 72-81.

The UK Decision re EMU: Implications of Currency Blocs for Trade and Business Cycle Correlations.

Frankel, Jeffrey A. "The UK Decision re EMU: Implications of Currency Blocs for Trade and Business Cycle Correlations." H.M. Treasury, 2003.

The Consequences of Saying No.

Frankel, Jeffrey A., David Begg, et al. "The Consequences of Saying No." Commission on the UK Outside the Euro, 2003.

Iraq's Currency Solution.

Frankel, Jeffrey A. "Iraq's Currency Solution." International Economy Fall 2003: 54-57.

What an Economic Adviser Can Do When He Disagrees with the President.

Frankel, Jeffrey A. "What an Economic Adviser Can Do When He Disagrees with the President." Challenge May-June 2003: 29-52.

“Trading Places.

Frankel, Jeffrey A. “Trading Places." Financial Times, September 13, 2002.

Is Trade Good or Bad for the Environment? Sorting Out the Causality

Frankel, Jeffrey A., and Andrew K. Rose. “Is Trade Good or Bad for the Environment? Sorting Out the Causality” NBER Working Paper W9201, September 2002.

“A Proposal to Anchor Monetary Policy by the Price of the Export Commodity.”

Frankel, Jeffrey A., and Ayako Saiki. “A Proposal to Anchor Monetary Policy by the Price of the Export Commodity.” Journal of Economic Integration 17.3 (September 2002): 417-448.