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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

The Cost-Effectiveness Implications of Carbon Price Certainty

Aldy, Joseph, and Sarah Armitage. "The Cost-Effectiveness Implications of Carbon Price Certainty." American Economic Association Papers and Proceedings 110 (May 2020): 113-118.

Oil’s Collapse Is a Geopolitical Reset in Disguise

O'Sullivan, Meghan. "Oil’s Collapse Is a Geopolitical Reset in Disguise." Bloomberg Opinion, 4/29/2020.

Deep Flaws in a Mercury Regulatory Analysis

Aldy, Joseph, Matthew Kotchen, Mary Evans, Meredith Fowlie, Arik Levinson, and Karen Palmer. "Deep Flaws in a Mercury Regulatory Analysis." Science 368.6488 (April 2020): 247-248.

Three Prongs for Prudent Climate Policy

Aldy, Joseph, and Richard Zeckhauser. "Three Prongs for Prudent Climate Policy." ÌÇÐÄvlog¹ÙÍø Faculty Research Working Paper Series RWP20-009, April 2020.

The Value of Carbon Capture, Utilization, and Sequestration

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.

The Multilevel Politics of Enforcement: Environmental Institutions in Argentina

Fernández Milmanda, Belén, and Candelaria Garay. "The Multilevel Politics of Enforcement: Environmental Institutions in Argentina." Politics & Society 48.1 (March 2020): 3-26.

Halving Warming With Stratospheric Aerosol Geoengineering Moderates Policy-Relevant Climate Hazards

Irvine, Peter J., and David W. Keith. "Halving Warming With Stratospheric Aerosol Geoengineering Moderates Policy-Relevant Climate Hazards." Environmental Research Letters 15.4 (March 2020).

Looking Back at Fifty Years of the Clean Air Act

Aldy, Joseph, Maximillian Auffhammer, Maureen Cropper, Arthur Fraas, and Richard Morgenstern. "Looking Back at Fifty Years of the Clean Air Act." ÌÇÐÄvlog¹ÙÍø Faculty Research Working Paper Series RWP20-003, February 2020.

Federal Coal Program Reform, the Clean Power Plan, and the Interaction of Upstream and Downstream Climate Policies

Gerarden, Todd D., W. Spencer Reeder, and James H. Stock. "Federal Coal Program Reform, the Clean Power Plan, and the Interaction of Upstream and Downstream Climate Policies." American Economic Journal: Economic Policy 12.1 (February 2020): 167-199.

The Hidden Face of Rights: Toward a Politics of Responsibilities

Sikkink, Kathryn. The Hidden Face of Rights: Toward a Politics of Responsibilities. Yale University Press, 2020.

Evaluating Regulatory Performance: Learning from and Institutionalizing Retrospective Analysis of EPA Regulations

Aldy, Joseph. "Evaluating Regulatory Performance: Learning from and Institutionalizing Retrospective Analysis of EPA Regulations." Case Western Reserve Law Review 70.4 (2020): 971-1006.

Carbon Tax Review and Updating: Institutionalizing an Act-Learn-Act Approach to U.S. Climate Policy

Aldy, Joseph. "Carbon Tax Review and Updating: Institutionalizing an Act-Learn-Act Approach to U.S. Climate Policy." Review of Environmental Economics and Policy 14.1 (Winter 2020).

A Multilevel Approach to Enforcement: Forest Protection in the Argentine Chaco

Fernandez-Milmanda, Belen, and Candelaria Garay. "A Multilevel Approach to Enforcement: Forest Protection in the Argentine Chaco." The Politics of Institutional Weakness in Latin America. Ed. Brinks, Daniel, Levitsky, Steven, and M. Victoria Murillo. Cambridge University Press, 2020.

Toxics A to Z: A Guide to Everyday Pollution Hazards

Harte, John, John Holdren, Richard Schneider and Christine Shirley. Toxics A to Z: A Guide to Everyday Pollution Hazards, 2. University of California Press, 2020.

Quasi-Experimental Estimates of the Transient Climate Response Using Observational Data

Montamat, Giselle, and James H. Stock. "Quasi-Experimental Estimates of the Transient Climate Response Using Observational Data." Climatic Change (2020): 1-11.

Climate Change, Climate Policy, and Economic Growth

Stock, James H. "Climate Change, Climate Policy, and Economic Growth." NBER Macroeconomics Annual 34.1 (January 2020): 399-419.

Carbon Tax Review and Updating: Institutionalizing an Act-Learn-Act Approach to U.S. Climate Policy

Aldy, Joseph. "Carbon Tax Review and Updating: Institutionalizing an Act-Learn-Act Approach to U.S. Climate Policy." Review of Environmental Economics and Policy 14.1 (Winter 2020): 76-94.

Our National Parks Are in Crisis. Trump’s Solution Is Absurd

Bilmes, Linda J. and Loomis, John B. "Our National Parks Are in Crisis. Trump’s Solution Is Absurd." Los Angeles Times. December 2, 2019.

Report on the Proposed Changes to the Federal Mercury and Air Toxics Standards

Aldy, Joseph, Matthew Kotchen, Mary Evans, Meredith Fowlie, Arik Levinson, and Karen Palmer. "Report on the Proposed Changes to the Federal Mercury and Air Toxics Standards." External Environmental Economics Advisory Committee, December 2019.

State Capabilities for Problem-Oriented Governance

Mayne, Quinton, Jorrit de Jong, and Fernando Fernandez-Monge. "State Capabilities for Problem-Oriented Governance." Perspectives on Public Management and Governance (2019).

Policy Evolution Under the Clean Air Act

Schmalensee, Richard, and Robert N. Stavins. "Policy Evolution Under the Clean Air Act." Journal of Economic Perspectives 33.4 (Fall 2019): 27-50.

A cost-effective way to power generation

Rajan, Thillai, and Akash Deep. "A cost-effective way to power generation." The Hindu. October 16, 2019.

Double Counting and the Paris Agreement Rulebook

Schneider, Lambert, Maosheng Duan, Robert Stavins, Kelley Kizzier, Derik Broekhoff, Frank Jotzo, Harald Winkler, Michael Lazarus, Andrew Howard, and Christina Hood. "Double Counting and the Paris Agreement Rulebook." Science 366.6462 (October 2019): 180-183.

Saudi Arabia’s Energy Infrastructure Under Attack. What’s Next?

De Blasio, Nicola, and Henry Lee. "Saudi Arabia’s Energy Infrastructure Under Attack. What’s Next?" National Interest, October 6, 2019.

Valuing US National Parks and Programs: America’s Best Investment

Linda Bilmes and John B. Loomis, eds. Valuing US National Parks and Programs: America’s Best Investment Routledge, 2019.

Multilateral Parametric Climate Risk Insurance: A Tool to Facilitate Agreement About Deployment of Solar Geoengineering

Horton, Joshua B., and David W. Keith. "Multilateral Parametric Climate Risk Insurance: A Tool to Facilitate Agreement About Deployment of Solar Geoengineering." Climate Policy 19.7 (August 2019): 20-826.

Stochastic Cost-Benefit Analysis of Urban Waste-To-Energy Systems

Haraguchi, Masahiko, Afreen Siddiqi, and Venkatesh Narayanamurti. "Stochastic Cost-Benefit Analysis of Urban Waste-To-Energy Systems." Journal of Cleaner Production 224 (July 2019): 751-765.

Economics of the Environment: Selected Readings

Stavins, Robert N., ed. Economics of the Environment: Selected Readings Edward Elgar Publishing, 2019.

Cross-product Manipulation in Electricity Markets, Microstructure Models and Asymmetric Information

Hogan, William W., Chiara Lo Prete, Bingyuan Liu, and Jia Wang. "Cross-product Manipulation in Electricity Markets, Microstructure Models and Asymmetric Information." Energy Journal 40.5 (June 2019): 221-246.

The Future of U.S. Carbon-Pricing Policy: Normative Assessment and Positive Prognosis

Stavins, Robert N. "The Future of U.S. Carbon-Pricing Policy: Normative Assessment and Positive Prognosis." ÌÇÐÄvlog¹ÙÍø Faculty Research Working Paper Series RWP19-017, May 2019.

Learning From 30 Years of Cap and Trade

Stavins, Robert N., and Richard Schmalensee. "Learning From 30 Years of Cap and Trade." Resources (May 2019).

Future-Proof Your Climate Strategy

Aldy, Joseph, and Gianfranco Gianfrate. "Future-Proof Your Climate Strategy." Harvard Business Review. May/June 2019, 91-101.

Iran Oil Sanctions: A Rare Case Where Transactional Diplomacy Should Work

O'Sullivan, Meghan. "Iran Oil Sanctions: A Rare Case Where Transactional Diplomacy Should Work." Bloomberg Opinion, April 22, 2019.

The Role of Electric Vehicles in Decarbonizing China’s Transportation Sector

Qiao, Qinyu, and Henry Lee. "The Role of Electric Vehicles in Decarbonizing China’s Transportation Sector." Environment and Natural Resources Program, Belfer Center for Science and International Affairs, April 2019.

Exploring Accumulation-Mode H2SO4 Versus SO2 Stratospheric Sulfate Geoengineering in a Sectional Aerosol-Chemistry-Climate Model

Vattioni, Sandro, Debra Weisenstein, David Keith, Aryeh Feinberg, Thomas Peter, and Andrea Stenke. "Exploring Accumulation-Mode H2SO4 Versus SO2 Stratospheric Sulfate Geoengineering in a Sectional Aerosol-Chemistry-Climate Model." Atmospheric Chemistry and Physics 19.7 (April 2019): 4877-4897.

Halving Warming With Idealized Solar Geoengineering Moderates Key Climate Hazards

Peter Irvine, Kerry Emanuel, Jie He, Larry Horowitz, Gabriel Vecchi, and David Keith. "Halving Warming With Idealized Solar Geoengineering Moderates Key Climate Hazards." Nature Climate Change 9.4 (April 2019): 295-299.

Transitioning to Long-Run Effective and Efficient Climate Policies

Stavins, Robert N.; Todd Schatzki; Rebecca Scott. "Transitioning to Long-Run Effective and Efficient Climate Policies." April 2019.

Saving Natural Gas through Regulation

Lee, Henry. "Saving Natural Gas through Regulation." National Interest, March 31, 2019.

A Few Keys to Saving the Planet Cost-Effectively

Aldy, Joseph. "A Few Keys to Saving the Planet Cost-Effectively." The Environmental Forum. March/April 2019.

Economics of the Environment: Selected Readings

Stavins, Robert N., ed. Economics of the Environment: Selected Readings W. W. Norton, 2019.

Foreword

Holdren, John P. "Foreword." Titans of the Climate: Explaining Policy Process in the United States and China. Ed. Gallagher, Kelly Sims, and Xiaowei Xuan. MIT Press, 2019.

If All Vehicles Go Electric, That’s Just Step One

O'Sullivan, Meghan. "If All Vehicles Go Electric, That’s Just Step One." Bloomberg Opinion, January 14, 2019.

Linking Heterogeneous Climate Policies (Consistent with the Paris Agreement)

Stavins, Robert N., M.A. Mehling, and G.E. Metcalf. "Linking Heterogeneous Climate Policies (Consistent with the Paris Agreement)." Environmental Law 8.4 (2019): 647-698.

Market Design Practices: Which Ones Are Best? [In My View]

Hogan, William W. "Market Design Practices: Which Ones Are Best? [In My View]." IEEE Power and Energy 17.1 (January/February 2019).

Trump’s Iraq Visit Alone Won’t Undo Damage He Did Last Week

O'Sullivan, Meghan. "Trump’s Iraq Visit Alone Won’t Undo Damage He Did Last Week." Bloomberg Opinion, December 26, 2018.

The Price of Biodiesel RINs and Economic Fundamentals

Irwin, Scott H., Kristen McCormack, and James H. Stock. "The Price of Biodiesel RINs and Economic Fundamentals." ÌÇÐÄvlog¹ÙÍø Faculty Research Working Paper Series, December 2018.

Climatic Impacts of Wind Power

Miller, Lee, and David W. Keith. "Climatic Impacts of Wind Power." Joule 2.12 (December 2018): 2618-2632.

The Emerging Russia-Asia Energy Nexus

Downs, Erica, James Henderson, Mikkal E. Herberg, Shoichi Itoh, Meghan O'Sullivan, Morena Skalamera, and Can Soylu. "The Emerging Russia-Asia Energy Nexus." The National Bureau of Asian Research, December 2018.

Even If OPEC Cuts, Oil Prices Could Still Fall in 2019

O'Sullivan, Meghan. "Even If OPEC Cuts, Oil Prices Could Still Fall in 2019." Bloomberg Opinion, November 29, 2018.

Policy Evolution under the Clean Air Act

Schmalensee, Richard, and Robert N. Stavins. "Policy Evolution under the Clean Air Act." ÌÇÐÄvlog¹ÙÍø Faculty Research Working Paper Series RWP18-039, November 2018.