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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

The Pitfalls of External Dependence: Greece, 1829-2015

Reinhart, Carmen M., and Christoph Trebesch. "The Pitfalls of External Dependence: Greece, 1829-2015." ÌÇÐÄvlog¹ÙÍø Faculty Research Working Paper Series RWP15-065, October 2015.

The Hidden Debt Burden of Emerging Markets

Reinhart, Carmen. "The Hidden Debt Burden of Emerging Markets." Project Syndicate, October 9, 2015.

Inflation, the Fed, and the Big Picture

Reinhart, Carmen. "Inflation, the Fed, and the Big Picture." Project Syndicate, September 3, 2015.

Does Reserve Accumulation Crowd Out Investment?

Reinhart, Carmen M., Vincent R. Reinhart, and Takeshi Tashiro. "Does Reserve Accumulation Crowd Out Investment?" ÌÇÐÄvlog¹ÙÍø Faculty Research Working Paper Series RWP15-038, July 2015.

The Antecedents and Aftermath of Financial Crises as Told by Carlos F. Díaz Alejandro

Reinhart, Carmen. "The Antecedents and Aftermath of Financial Crises as Told by Carlos F. Díaz Alejandro." ÌÇÐÄvlog¹ÙÍø Faculty Research Working Paper Series RWP15-035, July 2015.

What Greece Can Expect

Reinhart, Carmen. "What Greece Can Expect." Bloomberg View, July 9, 2015.

Lessons for Greece: Forcible Currency Conversions from 1982 to 2015

Reinhart, Carmen. "Lessons for Greece: Forcible Currency Conversions from 1982 to 2015." VOX, July 9, 2015.

Sovereign Debt Relief and its Aftermath

Reinhart, Carmen M. and Christoph Trebesch. "Sovereign Debt Relief and its Aftermath." ÌÇÐÄvlog¹ÙÍø Faculty Research Working Paper Series RWP15-028, June 2015.

Dealing with Debt

Reinhart, Carmen, and Kenneth Rogoff. "Dealing with Debt." Journal of International Economics 96 (July 2015): S43-S55.

Financial Crises, Development, and Growth: A Long-term Perspective

Reinhart, Carmen M, and Vincent R. Reinhart. "Financial Crises, Development, and Growth: A Long-term Perspective." World Bank Economic Review (April 2015).

From Financial Repression to External Distress: The Case of Venezuela

Reinhart, Carmen, and Miguel Angel Santos. "From Financial Repression to External Distress: The Case of Venezuela." ÌÇÐÄvlog¹ÙÍø Faculty Research Working Paper Series RWP15-018, April 2015.

Capital Mobility and Monetary Policy: An Overview

Fuentes, Miguel D., Claudio Raddatz, and Carmen M. Reinhart. "Capital Mobility and Monetary Policy: An Overview." Journal Economía Chilena 18.1 (April 2015): 50-67.

The Liquidation of Government Debt

Reinhart, Carmen M., and M. Belen Sbrancia. "The Liquidation of Government Debt." Economic Policy 30.82 (March 2015): 291-333.

Are Negative Real Interest Rates the 'New Normal'?

Reinhart, Carmen. "Are Negative Real Interest Rates the 'New Normal'?" Nikkei Asian Review, March 5, 2015.

Dealing with Debt

Reinhart, Carmen, Vincent Reinhart, and Kenneth Rogoff. "Dealing with Debt." ÌÇÐÄvlog¹ÙÍø Faculty Research Working Paper Series RWP15-009, February 2015.

This Time is Different: A Panoramic View of Eight Centuries of Financial Crises

Reinhart, Carmen, and Ken Rogoff. "This Time is Different: A Panoramic View of Eight Centuries of Financial Crises." Annals of Economics and Finance 15.2 (November 2014): 1065-1188.

Sovereign-Debt Relief And Its Aftermath: The 1930s, The 1990s, The Future?

Reinhart, Carmen and Christoph Trebesch. "Sovereign-Debt Relief And Its Aftermath: The 1930s, The 1990s, The Future?" Vox, October 21, 2014.

Venezuela's Economic Underperformance

Reinhart, Carmen, and Kenneth Rogoff. "Venezuela's Economic Underperformance." Project Syndicate, October 13, 2014.

Capital Inflows, Exchange Rate Flexibility and Credit Booms

Magud, Nicolas E., Carmen M. Reinhart, and Esteban R. Vesperoni. "Capital Inflows, Exchange Rate Flexibility and Credit Booms." Review of Development Economics 18.3 (August 2014): 415-430.

Recovery from Financial Crises: Evidence from 100 Episodes

Reinhart, Carmen M., and Kenneth S. Rogoff. "Recovery from Financial Crises: Evidence from 100 Episodes." American Economic Review 104.5 (May 2014): 50-55.

Addicted to Dollars

Reinhart, Carmen, and Ken Rogoff. "Addicted to Dollars." Annals of Economics and Finance 15.1 (May 2014): 1-52.

Financial and Sovereign Debt Crises: Some Lessons Learned and Those Forgotten

Reinhart, Carmen, and Kenneth Rogoff. "Financial and Sovereign Debt Crises: Some Lessons Learned and Those Forgotten." Financial Crises: Causes, Consequences, and Policy Responses. Ed. Stijn Claessens, M. Ayhan Kose, Luc Laeven, and Fabian Valencia. International Monetary Fund, 2014.

Crowding Out Redefined: The Role of Reserve Accumulation

Reinhart, Carmen, and Takeshi Tashiro. "Crowding Out Redefined: The Role of Reserve Accumulation." Prospects for Asia and the Global Economy. Ed. Reuven Glick, and Mark M. Spiegel. Federal Reserve Bank of San Francisco, 2014, 1-43.

Investment In The Wake of Crises: Asia 15 Years Later

Reinhart, Carmen and Takeshi Tashiro. "Investment In The Wake of Crises: Asia 15 Years Later." Vox, December 17, 2013.

Of Debt, Growth, Interest Rates & History

Reinhart, Carmen. "Of Debt, Growth, Interest Rates & History." Bloomberg Business, November 5, 2013.

Debt, Growth and the Austerity Debate

Reinhart, Carmen, and Kenneth S. Rogoff. "Debt, Growth and the Austerity Debate." New York Times, April 25, 2013.

Sorry, U.S. Recoveries Really Aren’t Different

Reinhart, Carmen, and Kenneth S. Rogoff. "Sorry, U.S. Recoveries Really Aren’t Different." Bloomberg, October 15, 2012.

Financial Repression Back to Stay

Reinhart, Carmen. "Financial Repression Back to Stay." Bloomberg Business, March 11, 2012.