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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

Vector Autoregressions.

Stock, James H., and Mark W. Watson. "Vector Autoregressions." Journal of Economic Perspectives 15 (Fall 2001): 101-116.

Confidence Intervals for Autoregressive Coefficients Near One.

Stock, James H., and Graham Elliot. "Confidence Intervals for Autoregressive Coefficients Near One." Journal of Econometrics 102 (2001): 155-181.

Forecasting Economic Time Series.

Stock, James H. "Forecasting Economic Time Series." Companion in Theoretical Econometrics. Ed. B. Baltagi. Basil Blackwell, 2001, 562-584.

Time Series: Economic Forecasting.

Stock, James H. "Time Series: Economic Forecasting." International Encyclopedia of the Social and Behavioral Sciences. .Elsevier Science, 2001.

Instrumental Variables in Economics and Statistics.

Stock, James H. "Instrumental Variables in Economics and Statistics." International Encyclopedia of the Social and Behavioral Sciences. .Elsevier Science, 2001.

Testing for Weak Instruments in Linear IV Regression.

Stock, James H., and Motohiro Yogo. "Testing for Weak Instruments in Linear IV Regression." Working Paper, 2001.

Forecasting Output and Inflation: The Role of Asset Prices.

Stock, James H., and Mark W. Watson. "Forecasting Output and Inflation: The Role of Asset Prices." NBER Working Paper 8180, 2001.

Judging Judicial Discretion: Legal Factors and Racial Discrimination in Sentencing.

Piehl, Anne Morrison, and Shawn Bushway. "Judging Judicial Discretion: Legal Factors and Racial Discrimination in Sentencing." Law & Society Review 35.4 (2001).

Is FDI a Safer Form of Financing?

Hausmann, Ricardo and Eduardo Fernandez-Arias. "Is FDI a Safer Form of Financing?" Emerging Market Reviews 2 (2001): 34-39.

Prisoners of Geography.

Hausmann, Ricardo. "Prisoners of Geography." Foreign Policy 122 (Jan/Feb 2001): 44-53.

Inequality and the Family in Latin America.

Hausmann, Ricardo and Miguel Székely. "Inequality and the Family in Latin America." Population Matters: Demographic Change, Economic Growth, and Poverty in the Developing World. Ed. Nancy Birdsall, Allen C. Kelley, and Steven Sinding. Oxford University Press, 2001.

Financial Development and Credit Crunches: Latin America and the World.

Hausmann, Ricardo and Matías Braun. "Financial Development and Credit Crunches: Latin America and the World." The Latin American Competitiveness Report 2001-2002. Ed. Joaquin Vial and Peter K. Cornelius. World Economic Forum and the Center for Economic Development, 2001.

Why Do Countries Float the Way They Float?

Hausmann, Ricardo, Ugo Panizza, and Ernesto Stein. "Why Do Countries Float the Way They Float?" Journal of Development Economics 66.2 (2001): 387-414.

Red and White and Blue All Over: The Political Development of IBM.

Hart, David. "Red and White and Blue All Over: The Political Development of IBM." KSG Faculty Research Working Papers Series RWP01-003, January 2001.

Should Capital Controls Be Banished?

Cooper, Richard N. "Should Capital Controls Be Banished?" Global Financial Crises and Reforms: Cases and Caveats. Ed. B.N. Ghosh. Routledge, 2001.

U.S. Monetary Policy in an Integrating World: 1960 to 2000.

Cooper, Richard N. and Jane Sneddon Little. "U.S. Monetary Policy in an Integrating World: 1960 to 2000." The Evolution of Monetary Policy and the Federal Reserve System Over the Past Thirty Years. Ed. Richard W. Kopcke and Lynne Elaine Brown. Federal Reserve Bank of Boston, 2001.

U.S. Monetary Policy in an Integrating World: 1960 to 2000.

Cooper, Richard N. and Jane Sneddon Little. "U.S. Monetary Policy in an Integrating World: 1960 to 2000." New England Economic Review 3 (2001).

Financing International Public Goods: Historical Overview and New Challenges.

Cooper, Richard N. "Financing International Public Goods: Historical Overview and New Challenges." Global Public Policies and Programs. Ed. Christopher D. Gerrard, Marco Ferroni, and Ashoka Mody. World Bank, 2001.

Is the U.S. Current Account Deficit Sustainable? Will It Be Sustained?

Cooper, Richard N. "Is the U.S. Current Account Deficit Sustainable? Will It Be Sustained?" Brookings Papers on Economic Activity 1 (2001).

A Problem from Hell: America and the Age of Genocide

Power, Samantha. "A Problem from Hell:" America and the Age of Genocide. Basic, 2002.

Assessing the Advocacy of Negotiated Rulemaking: A Response to Philip Harter.

Coglianese, Cary. "Assessing the Advocacy of Negotiated Rulemaking: A Response to Philip Harter." New York University Environmental Law Journal 9 (2001): 386-447.

Bolstering Private-Sector Environmental Management.

Coglianese, Cary, and Jennifer Nash. "Bolstering Private-Sector Environmental Management." Issues in Science and Technology 17 (Spring 2001): 69-74.

Employers' Associations, Public Policy, and the Politics of Decentralized Cooperation in Germany and France.

Culpepper, Pepper D. "Employers' Associations, Public Policy, and the Politics of Decentralized Cooperation in Germany and France." Varieties of Capitalism: The Institutional Foundations of Comparative Advantage. Ed. Peter A. Hall and David Soskice. Oxford University Press, 2001, 275-306.

Review of Models of Capitalism: Growth and Stagnation in the Modern Era

Culpepper, Pepper D. Review of by David Coates. Political Science Quarterly, 115.4, Winter 2000-2001.

Comment les gouvernements apprennent-ils? L’Information privée et les politiques publiques en perspective comparative.

Culpepper, Pepper. "Comment les gouvernements apprennent-ils? L’Information privée et les politiques publiques en perspective comparative.” CERAT Conference Paper, October 4-5, 2001.

Decentralized Cooperation and the Future of Regulatory Reform.

Culpepper, Pepper D. "Decentralized Cooperation and the Future of Regulatory Reform." Harvard University Center for European Studies Working Paper, January 2001.

Employers, Public Policy, and the Politics of Decentralized Cooperation in Germany and France.

Culpepper, Pepper D. "Employers, Public Policy, and the Politics of Decentralized Cooperation in Germany and France." KSG Faculty Research Working Papers Series RWP01-002, January 2001.

Government's Role When Markets Rule.

Donahue, John D., and Richard Zeckhauser. "Government's Role When Markets Rule." Governance amid Bigger, Better Markets. Ed. John D. Donahue and Joseph S. Nye, Jr. Brookings Institution, 2001.

ICANN and the Migration of Governance.

Donahue, John D. ""ICANN and the Migration of Governance."." Wer Regiert das Internet. Ed. Ingrid Hamm and Marcel Machill. Verlag Bertelsmann Stiftung, 2001.

Centralization and Its Discontents.

Donahue, John D., and Mark A. Pollack. "Centralization and Its Discontents." The Federal Vision: Legitimacy and Levels of Governance in the U.S. and the E.U. Ed. Kalypso Nicolaidis and Robert Howse. Oxford University Press, 2001.

Loans, Liquidity and Schooling Decisions.

Dynarski, Susan. "Loans, Liquidity and Schooling Decisions." Working Paper, 2001.

Does Aid Matter? Measuring the Effect of Student Aid on College Attendance and Completion.

Dynarski, Susan. "Does Aid Matter? Measuring the Effect of Student Aid on College Attendance and Completion." KSG Faculty Research Working Papers Series RWP01-034, 2001.

The Middle Class Parent Penalty: Child Benefits in the U.S. Tax Code.

Ellwood, David, and Jeffrey Liebman. "The Middle Class Parent Penalty: Child Benefits in the U.S. Tax Code." Tax Policy and the Economy, Volume 15. Ed. James M. Poterba. MIT Press, 2001.

Public Service Employment and Mandatory Work; A Policy Whose Time Has Come and Gone and Come Again?

Ellwood, David. "Public Service Employment and Mandatory Work; A Policy Whose Time Has Come and Gone and Come Again?" Finding Jobs: Work and Welfare Reform. Ed. Rebecca Blank and David Card. Russell Sage Foundation, 2001.

The Growing Differences in Family Structure: What Do We Know?

Ellwood, David, and Christopher Jencks. "The Growing Differences in Family Structure: What Do We Know?" Mimeo, 2001.

The Clinton Legacy for America's Poor.

Ellwood, David. "The Clinton Legacy for America's Poor." NBER Working Paper W8437, 2001.

The Sputtering Labor Force of the 21st Century. Can Social Policy Help?

Ellwood, David. "The Sputtering Labor Force of the 21st Century. Can Social Policy Help?" NBER Working Paper W8321, 2001.

Whither Poverty in Great Britain and the United States? The Determinants of Changing Poverty and Whether Work Will Work.

Ellwood, David, and Richard Dickens. "Whither Poverty in Great Britain and the United States? The Determinants of Changing Poverty and Whether Work Will Work." NBER Working Paper W8253, 2001.

Racial Test-Score Trends 1971-1996, Popular Culture and Community Standards.

Ferguson, Ronald. "Racial Test-Score Trends 1971-1996, Popular Culture and Community Standards." America Becoming: Racial Trends and Their Consequences. Ed. Neil Smelser, William Julius Wilson, and Faith Mitchell. National Academy Press, 2001.

A Diagnostic Analysis of Black-White GPA Disparities in Shaker Heights, Ohio.

Ferguson, Ronald. "A Diagnostic Analysis of Black-White GPA Disparities in Shaker Heights, Ohio." Brookings Papers on Education Policy. .Brookings Institution, 2001.

Cultivating New Routines that Foster High Achievement for All Students: How Researchers and Practitioners Can Collaborate to Reduce the Minority Achievement Gap.

Ferguson, Ronald. "Cultivating New Routines that Foster High Achievement for All Students: How Researchers and Practitioners Can Collaborate to Reduce the Minority Achievement Gap." ERS Spectrum 19.4 (Fall 2001).

Building the Virtual State: Information Technology and Institutional Change

Fountain, Jane. Building the Virtual State: Information Technology and Institutional Change. Brookings Institution, 2001.

Public Sector: Early Stage of a Deep Transformation.

Fountain, Jane, and Carlos A. Osorio-Urzua. "Public Sector: Early Stage of a Deep Transformation." The Economic Payoff from the Internet Revolution. Ed. Robert Litan and Alice Rivlin. Brookings Institution, 2001.

Toward a Theory of Federal Bureaucracy for the 21st Century.

Fountain, Jane. "Toward a Theory of Federal Bureaucracy for the 21st Century." Governance.com: Democracy in the Information Age. Ed. Elaine Kamarck and Joseph S. Nye, Jr. Brookings Institution, 2001.

The Virtual State: Transforming American Government?

Fountain, Jane. "The Virtual State: Transforming American Government?" National Civic Review 90.4 (Fall 2001): 241-252.

Paradoxes of Public Sector Customer Service.

Fountain, Jane. "Paradoxes of Public Sector Customer Service." Governance: An International Journal of Policy and Administration 14.1 (January 2001): 55-73.

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.