vlog

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

Dynan, Karen, and Douglas Elmendorf. "Putting US Fiscal Policy on a Sustainable Path." NBER Working Paper Series, May 2025.
Bradt, Jacob T. and Joseph E. Aldy. "Private Benefits from Public Investment in Climate Adaptation and Resilience." March 24, 2025.
Dynan, Karen, and Douglas Elmendorf. "Fiscal policy and the pandemic-era surge in US inflation: Lessons for the future." Understanding the COVID Era Inflation, Peterson Institute for International Economics, December 2024.
Lawrence, Robert Z. "Is the United States undergoing a manufacturing renaissance that will boost the middle class?" PIEE Policy Brief Series, October 2024.
Elmendorf, Douglas, Glenn Hubbard, and Heidi Williams. "Dynamic scoring: A progress report on why, when, and how." Brookings Papers on Economic Activity, September 26-27, 2024.
Stock, James H., and Matthew Zaragoza-Watkins. "The Market and Climate Implications of U.S. LNG Exports." NBER Working Paper Series, March 2024.
Bolhuis, Marijn A., Judd N. L. Cramer, Karl Oskar Schulz, and Lawrence H. Summers. "The Cost of Money is Part of the Cost of Living: New Evidence on the Consumer Sentiment Anomaly." NBER Working Paper Series, February 2024.
Elmendorf, Douglas, and Heidi Williams. "How Does Accounting for Population Change Affect Estimates of the Effect of Immigration Policies on the Federal Budget?" Penn Wharton Budget Model, January 18, 2024.
Shepard, Mark, and Myles Wagner. "Do Ordeals Work for Selection Markets? Evidence from Health Insurance Auto-Enrollment." August 23, 2023.
Kong, Edward, Timothy J. Layton, and Mark Shepard. "Adverse Selection and (un)Natural Monopoly in Insurance Markets." July 1, 2023.
Georgieva, Dorina, Varun Eknath, and Michael Woolcock. "Examining Business Reform Committees: Findings from a New Global Dataset." World Bank Policy Research Working Paper Series, June 2023.
Aldy, Joseph E., and Maximilian Auffhammer. "Localizing Environmental Regulation: The Case of Boutique Fuels." Resources for the Future, May 2023.
Aldy, Joseph, Patrick Bolton, Zachery Halem, Marcin T. Kacperczyk, and Peter R. Orszag. "Show and Tell: An Analysis of Corporate Climate Messaging and its Financial Impacts." April 22, 2023.
Horn, Sebastian, Bradley C. Parks, Carmen M. Reinhart, and Cristoph Trebesch. "China as an International Lender of Last Resort." World Bank Policy Research Working Paper Series, March 2023.
Bai, Jie, Maggie X. Chen, Jin Liu, Xiaosheng Mu, and Daniel Yi Xu. "Stand Out from the Millions: Market Congestion and Information Friction on Global E-Commerce Platforms." October 18, 2022.
Furman, Jason. "What the Federal Reserve Should Do Now: An Elaboration." Peterson Institute for International Economics, November 18, 2021.
Shepard, Mark, and Ethan Forsgren. "Do Insurers Respond to Active Purchasing? Evidence from the Massachusetts Health Insurance Exchange." October 15, 2021.
Graf von Luckner, Clemens, Carmen M. Reinhart, and Kenneth S. Rogoff. "Decrypting New Age International Capital Flows." NBER Working Paper Series, October 2021.
Ilzetzki, Ethan, Carmen M. Reinhart, and Kenneth S. Rogoff. "Rethinking Exchange Rate Regimes." NBER Working Paper Series, October 2021.
Taylor, Charles A., and Wolfram Schlenker. "Environmental Drivers of Agricultural Productivity Growth: CO2 Fertilization of US Field Crops." NBER Working Paper Series, October 2021.
Kose, M. Ayhan, Franziska L. Ohnsorge, Carmen M. Reinhart, and Kenneth S. Rogoff. "The Aftermath of Debt Surges." NBER Working Paper Series, September 2021.
Battilana, Julie, and Isabelle Ferreras. "From Shareholder Primacy to a Dual Majority Board." The Aspen Institute Business & Society Program Report Series, August 2021.
Furman, Jason, Melissa S. Kearney, and Wilson Powell. "The role of childcare challenges in the US jobs market recovery during the COVID-19 pandemic." NBER Working Paper Series, June 2021.
Berger, Benjamin, Amitabh Chandra, and Craig Garthwaite. "Regulatory Approval and Expanded Market Size." NBER Working Paper Series, June 2021.
Furman, Jason, Melissa Kearney, and Wilson Powell III. "How Much Have Childcare Challenges Slowed the US Jobs Market Recovery?" Peterson Institute for International Economics, May 2021.
Reinhart, Carmen. "From Health Crisis to Financial Distress." World Bank Policy Research Working Paper Series, April 2021.
Atkinson, Caroline, Paul Barrett, Lynda Clarizio, Dipayan Ghosh, John Haigh, Thomas Melia, Michael Posner, Vivian Schiller, and Clint Watts. "Recommendations to the Biden Administration: On Regulating Disinformation and Other Harmful Content on Social Media." March 2021.
Furman, Jason, and Lawrence H. Summers. "A Reconsideration of Fiscal Policy in the Era of Low Interest Rates." November 30, 2020.
Atkeson, Andrew, Michael C. Droste, Michael Mina, and James H. Stock. "Economic Benefits of COVID-19 Screening Tests." National Bureau of Economic Research, November 2020.
Lee, Henry, and Abigail Mayer. "The Future of Carbon Offset Markets." Environment and Natural Resources Program, Belfer Center for Science and International Affairs, October 22, 2020.
Glaeser, Edward L., Ginger Zhe Jin, Benjamin T. Leyden, and Michael Luca. "Learning From Deregulation: The Asymmetric Impact of Lockdown and Reopening on Risky Behavior During COVID-19." National Bureau of Economic Research, August 2020.
Cunningham, Edward, and Philip Jordan. "Our Path to “New Normal” in Employment? Sobering Clues from China and Recovery Scores for U.S. Industry." Ash Center for Democratic Governance and Innovation, 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.
Bartik, Alexander W., Zoe B. Cullen, Edward L. Glaeser, Michael Luca, and Christopher T. Stanton. "What Jobs Are Being Done at Home During the COVID-19 Crisis? Evidence From Firm-Level Surveys." National Bureau of Economic Research, June 2020.
Baqaee, David, Emmanuel Farhi, Michael Mina, and James H. Stock. "Policies for a Second Wave." Brookings Papers on Economic Activity, June 2020.
Horn, Sebastian, Carmen M. Reinhart, and Christoph Trebesch. "Coping with Disasters: Two Centuries of International Official Lending." June 2020.
Cunningham, Edward, and Yunxin Li. "China's Most Generous: Examining Trends in Contemporary Chinese Philanthropy." 2020.
Akee, Randall K.Q., Eric C. Henson, Miriam R. Jorgensen, and Joseph P. Kalt. "Dissecting the US Treasury Department’s Round 1 Allocations of CARES Act COVID-19 Relief Funding for Tribal Governments." May 2020.
Baqaee, David, Emmanuel Farhi, Michael J. Mina, and James H. Stock. "Reopening Scenarios." National Bureau of Economic Research, May 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.
Kaplan, Robert S., Dutch Leonard, and Anette Mikes. "Novel Risks." March 2020.
Stock, James H. "Data Gaps and the Policy Response to the Novel Coronavirus." National Bureau of Economic Research, March 2020.
Banchard, Olivier, and Lawrence H. Summers. "Automatic Stabilizers in a Low-Rate Environment." Peterson Institute for International Economics, February 2020.
Sarin, Natasha, Lawrence Summers, and Joe Kupferberg. "Tax Reform for Progressivity: A Pragmatic Approach." The Hamilton Project, January 2020.
Furman, Jason. "How to Increase Growth While Raising Revenue: Reforming the Corporate Tax Code." The Hamilton Project, January 2020.
Bulow, Jeremy, Carmen Reinhart, Kenneth Rogoff, and Christoph Trebesch. "The Debt Pandemic." 2020.
Bai, Jie, Panle Barwick, Shengmao Cao, and Shanjun Li. "Quid Pro Quo, Knowledge Spillover and Industrial Quality Upgrading." December 2019.
Bai, Jie, and Jiahua Liu. "The Impact of Intranational Trade Barriers on Exports: Evidence from a Nationwide VAT Rebate Reform in China." December 2019.