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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

“An Estimate of the Effect of Common Currencies on Trade and Income.”

Frankel, Jeffrey A., and Andrew Rose. “An Estimate of the Effect of Common Currencies on Trade and Income.” Quarterly Journal of Economics CXVII.2 (May 2002): 437-466.

Magic Three-Cornered Exchange

Frankel, Jeffrey A. "Magic Three-Cornered Exchange." Financial Times Deutschland, April 18, 2002.

World Trade and Payments: An Introduction

Caves, Richard E., Jeffrey A. Frankel, and Ronald W. Jones. World Trade and Payments: An Introduction, 9th Edition. Addison-Wesley (subsequently published in Chinese, French, Japanese, and Polish), 2002.

Economic Policy in Japan and East Asia.

Frankel, Jeffrey A. "Economic Policy in Japan and East Asia." Monetary Stability and Economic Growth: A Dialog Between Leading Economists. Ed. Robert Mundell and Paul Zak. Edward Elgar, 2002.

Should Gold-Exporters Peg Their Currencies to Gold?

Frankel, Jeffrey A. "Should Gold-Exporters Peg Their Currencies to Gold?” World Gold Council Research Study No. 29, 2002.

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

Frankel, Jeffrey A., Sergio Schmukler, and Luis Servén. “Global Transmission of Interest Rates: Monetary Independence and the Currency Regime.” NBER Working Paper W8828, 2002.

“American Economic Policy in the 1990s: Introduction.”

Frankel, Jeffrey A., and Peter Orszag. “American Economic Policy in the 1990s: Introduction.” American Economic Policy in the 1990s. Ed. Jeffrey Frankel and Peter Orszag. MIT Press, 2002.

American Economic Policy in the 1990s

Frankel, Jeffrey A., and Peter R. Orszag, eds. American Economic Policy in the 1990s. MIT Press, 2002.

Preventing Currency Crises in Emerging Markets

Frankel, Jeffrey A., and Sebastian Edwards, eds. Preventing Currency Crises in Emerging Markets. University of Chicago Press, 2002.

Survey Data on Exchange Rate Expectations: More Currencies, More Horizons, More Tests.

Frankel, Jeffrey A., and Menzie Chinn. "Survey Data on Exchange Rate Expectations: More Currencies, More Horizons, More Tests." Monetary Policy, Capital Flows and Financial Market Developments in the Era of Financial Globalisation: Essays in Honour of Max Fry. Ed. David Dickinson and William Allen. Routledge, 2002.

Patterns in Exchange Rate Forecasts for 25 Currencies.

Frankel, Jeffrey A., and Menzie Chinn. "Patterns in Exchange Rate Forecasts for 25 Currencies." New Developments in Exchange Rate Economics. Ed. Lucio Sarno and Mark Taylor. Edward Elgar, 2002.

Chartists, Fundamentalists, and Trading in the Foreign Exchange Market.

Frankel, Jeffrey A., and Ken Froot. "Chartists, Fundamentalists, and Trading in the Foreign Exchange Market." Speculation and Financial Markets. Ed. Mark Taylor and Liam Gallagher. Edward Elgar, 2002.

Chartists, Fundamentalists, and Trading in the Foreign Exchange Market.

Frankel, Jeffrey A., and Ken Froot. "Chartists, Fundamentalists, and Trading in the Foreign Exchange Market." New Developments in Exchange Rate Economics. Ed. Luico Sarno and Mark Taylor. Edward Elgar, 2002.

Forward Discount Bias: Is it an Exchange Risk Premium?

Frankel, Jeffrey A., and Ken Froot. "Forward Discount Bias: Is it an Exchange Risk Premium?" Speculation and Financial Markets. Ed. Mark Taylor and Liam Gallagher. Elgar, 2002.

The Evolving Japanese Financial System, and the Cost of Capital.

Frankel, Jeffrey A. "The Evolving Japanese Financial System, and the Cost of Capital." The Economic Development of Northeast Asia. Ed. Heather Smith. Edward Elgar, 2002.

Introduction.

Frankel, Jeffrey A. "Introduction." The Economics of Exchange Rates. Ed. Lucio Sarno and Mark Taylor. Cambridge University Press, 2002.

Does Trade Cause Growth?

Frankel, Jeffrey A., and David Romer. "Does Trade Cause Growth?" Trade and Growth. Ed. Sir Hans Singer, Neelambar Hatti, and Rameshwar Tandon. Delhi: B.R. Publishing Corporation, 2002, 701-734.

Comment on Long-Term Capital Movements

Frankel, Jeffrey A. Comment on "Long-Term Capital Movements," by Philip R. Lane and Gian Maria Milesi-Ferretti. NBER Macroeconomics Annual 2001, 16 2002.

Comment on The Current State of the Japanese Economy and Remedies

Frankel, Jeffrey A. Comments on "The Current State of the Japanese Economy and Remedies" by Naoyuki Yoshino and Eisuke Sakakibara. Asian Economic Papers, 1.2 Spring 2002.

The Role of Industrial Country Policies in Emerging Market Crises.

Frankel, Jeffrey A. "The Role of Industrial Country Policies in Emerging Market Crises." NBER Working Paper W8634, December 2001.

Verifying Exchange Rate Regimes.

Frankel, Jeffrey A., Eduardo Fajnzylber, Sergio L. Schmukler, and Luis Servén. "Verifying Exchange Rate Regimes." Journal of Development Economics 66.2 (December 2001): 351-386.

American Economic Policy in the 1990s.

Frankel, Jeffrey A. "American Economic Policy in the 1990s." KSG Faculty Research Working Papers Series RWP01-042, October 2001.

An Estimate of the Effect of Common Currencies on Trade and Income.

Frankel, Jeffrey A. "An Estimate of the Effect of Common Currencies on Trade and Income." KSG Faculty Research Working Papers Series RWP01-013, April 2001.

The Asian Model, The Miracle, The Crisis, and the Fund.

Frankel, Jeffrey A. "The Asian Model, The Miracle, The Crisis, and the Fund." Global Financial Crises and Reforms: Cases and Caveats. Ed. B.N. Ghosh. Routledge, 2001, 319-329.

Recent Exchange Rate Experience and Proposals for Reform.

Frankel, Jeffrey A. "Recent Exchange Rate Experience and Proposals for Reform." Macroeconomic Policy in Open Economies: A Reader. Ed. Mehmet Ugur. Routledge, October 2001.

The Endogeneity of the Optimum Currency Area Criterion.

Frankel, Jeffrey A., and Andrew Rose. "The Endogeneity of the Optimum Currency Area Criterion." The Political Economy of Monetary Union. Ed. Paul De Grauwe. Edward Elgar, 2001.

Assessing the Efficiency Gain from Further Liberalization.

Frankel, Jeffrey A. "Assessing the Efficiency Gain from Further Liberalization." Efficiency, Equity and Legitimacy: The Multilateral Trading System at the Millennium. Ed. Roger B. Porter, Pierre Sauvé, Arvind Subramanian, and Americo Beviglia Zampetti. CBG/Brookings Institution, 2001.

The Balance Between Adjustment and Financing.

Frankel, Jeffrey A. "The Balance Between Adjustment and Financing." Key Issues in Reform of the International Monetary System. Ed. Peter Kenen and Alexander Swoboda. International Monetary Fund, 2001.

An Estimate of the Effect of Currency Unions on Trade and Output.

Frankel, Jeffrey A., and Andrew Rose. "An Estimate of the Effect of Currency Unions on Trade and Output." Centre for Economic Policy Research Working Paper 2631, 2001.

The Crusade for Free Trade: Evaluating Clinton's International Economics Policy

Frankel, Jeffrey A. "The Crusade for Free Trade: Evaluating Clinton's International Economics Policy." Review of The Wind of the Hundred Days: How Washington Mismanaged Globalization, by Jagdish Bhagwati. Foreign Affairs, 1.2 March-April 2001.

Comment on Full Dollarization: The Case of Panama,

Frankel, Jeffrey A. Comment on "Full Dollarization: The Case of Panama," by Ilan Goldfajn and Gino Olivares. Economia, Spring 2001.

An Estimate of the Effect of Currency Unions on Trade and Output.

Frankel, Jeffrey A., and Andrew Rose. "An Estimate of the Effect of Currency Unions on Trade and Output." NBER Working Paper W7857, August 2000.