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Two older people sit on a bench near a beach on a clear day.
Feature: Changes in Racial Gaps in Retirement Security over Time

Douglas Elmendorf and Karen Dynan find a large wealth disparity between White and Black families nearing retirement age, and notable wealth declines for both groups between 2001 and 2019.

A man wearing a mask talks on a cell phone.
Feature: Recovering from COVID

James Stock finds that COVID-19 recovery was unprecedented in its rapid speed but still introduced or accelerated structural economic changes, including to the labor force.

Person looks at a text message on their cell phone.
Feature: Efficacy of Text Messaging in Activating Hard-to-Reach Voters

Latanya Sweeney finds that text message reminders can effectively boost engagement and registration accuracy among hard-to-reach voters.

A person reads an academic article on a laptop.
Feature: The Global Distribution of Authorship in Economics Journals

Dani Rodrik finds that Western and Northern European authors are overrepresented in economics journals by an order of magnitude compared to authors based in low-income countries.

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

Partnership and innovation in the pharmaceutical industry: the case of clinical research

Ippoliti, Roberto, Giovanni B. Ramello, and F.M. Scherer. "Partnership and innovation in the pharmaceutical industry: the case of clinical research." Economics of Innovation and New Technology 30.3 (April 2021): 317-334.

Managerial Control and Executive Compensation

Scherer, F.M. "Managerial Control and Executive Compensation." Review of Industrial Organization 56.2 (March 2020): 315-327.

Thirteen Editions of The Structure of American Industry: An IO Perspective

Elzinga, Kenneth G., and F. M. Scherer. "Thirteen Editions of The Structure of American Industry: An IO Perspective." Review of Industrial Organization 49.3 (November 2016): 515-532.

First Mover Advantages and Optimal Patent Protection

Scherer, F.M. "First Mover Advantages and Optimal Patent Protection." Journal of Technology Transfer (August 2015): 559-580.

First Mover Advantages and Optimal Patent Protection

Scherer, F.M. "First Mover Advantages and Optimal Patent Protection." Journal of Technology Transfer 40.4 (August 2015): 559-580.

The F.T.C., Oligopoly, and Shared Monopoly

Scherer, F.M. "The F.T.C., Oligopoly, and Shared Monopoly." Review of Industrial Organization (February 2015): 5-23.

Mergers and Innovation in the Pharmaceutical Industry

Scherer, F.M., and William S. Comanor. "Mergers and Innovation in the Pharmaceutical Industry." Journal of Health Economics 32 (January 2013): 106-113.

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.

A Perplexed Economist Confronts 'Too Big to Fail'

Scherer, F.M. "A Perplexed Economist Confronts 'Too Big to Fail'." European Journal of Comparative Economics 7.2 (December 2010): 267-284.

A Half Century of Research on Patent Economics

Scherer, F.M. "A Half Century of Research on Patent Economics." World Intellectual Property Organization 2.1 (2010): 20-27.

The Political Economy of Patent Policy Reform in the United States

Scherer, F.M. "The Political Economy of Patent Policy Reform in the United States." Journal on Telecommunications and High Technology Law 7 (Spring 2009): 167-216.

Price Controls And Global Pharmaceutical Progress

Scherer, F.M. "Price Controls And Global Pharmaceutical Progress." Health Affairs, web exclusive 28.1 (January/February 2009): w161-w164.

Uncertainty and Choice: The Challenges of Pharmaceutical Efficacy, Safety, and Cost.

Scherer, F.M. "Uncertainty and Choice: The Challenges of Pharmaceutical Efficacy, Safety, and Cost." Managerial and Decision Economics 28.4-5 (June-August 2007): 267-283.

An Industrial Organization Perspective on the Influenza Vaccine Shortage.

Scherer, F.M. "An Industrial Organization Perspective on the Influenza Vaccine Shortage." Managerial and Decision Economics 28.4-5 (June-August 2007): 393-405.

Corporate Structure and the Financial Support of U.S. Symphony Orchestras.

Scherer, F.M. "Corporate Structure and the Financial Support of U.S. Symphony Orchestras." Economia e Politica Industriale 33.4 (December 2006): 51-64.

A New Retrospective on Mergers.

Scherer, F.M. "A New Retrospective on Mergers." Review of Industrial Organization 28.4 (June 2006): 327-341.

On Paolo Sylos-Labini

Scherer, F.M. "On Paolo Sylos-Labini." Economia e Publica Industriale 33.2 (June 2006): 15-20.

Horst Hesse: A Cold War Military Intelligence Mole.

Scherer, F.M. "Horst Hesse: A Cold War Military Intelligence Mole." Intelligence and National Security 21.2 (April 2006): 224-236.

Post-TRIPS Options for Access to Patented Medicines in Developing Nations

Scherer, F.M., and Jayashree Watal. "Post-TRIPS Options for Access to Patented Medicines in Developing Nations." Journal of International Economic Law 5.4 (December 2002): 913-939.

Technology Policy for a World of Skew-Distributed Outcomes

Scherer, F.M., and Dietmar Harhoff. "Technology Policy for a World of Skew-Distributed Outcomes." Research Policy 29.4 (April 2000): 559-566.