Showing results 1 - 10 of 4699
May 20, 2021, Paper: "Economic instability, social changes, and new social policies place economic insecurity high on the scholarly and political agenda. We contribute to these debates by proposing a new multidimensional, intertemporal measure of economic insecurity that accounts for both its multiplicity and its dynamism. First, we develop three theory-driven, multidimensional measures of economic insecurity. Principal Components Analysis…
| Alberto Cavallo
April 2021, Paper: "We use the structure of the Melitz (2003) model to compare the cost of living and welfare across countries, while incorporating product variety measured by the count of barcodes or firms. For 47 countries, we compare welfare relative to the United States to conventional measures of real consumption. Relative welfare is similar to or higher than that indicated by real consumption for a select group of nations in Europe and…
May 19, 2021, Video: "America’s energy needs and challenges have never been more vital. All forms of renewable energy will play a critical role in addressing those needs. Generating energy that produces little or no greenhouse gas emissions from fossil fuels is part of the effort to diversify the energy supply and impacts all communities, including the underserved and underfunded."…
| Edward Glaeser
May 2021, Paper: "The downsides of density, including traffic congestion, contagious disease and crime, were common in Victorian London and classical Rome, just as they are today in Sao Paulo and Lagos. Our urban past provides lessons for developing world cities today. The first lesson, that I highlight, is that political power, not commerce, has long driven the growth of the world’s largest cities, and that fact remains true for many developing…
| Jie Bai
May 2021, Paper: "Under the stated goal of improving air quality, many cities in China restricted the import of used vehicles from other cities based on tail pipe emission standards. Using detailed data on new and used vehicle registration, we examine the impact of the policy by leveraging the staggered removal of the restriction during 2016–2018. We find that restriction removal led to a sharp increase in cross-city flow of used vehicles but…
| Jason Furman | Willie Powell
May 17, 2021, Opinion: "he US economy lost a net of 8 million jobs between February 2020 and April 2021. Agreement is growing that people not actively seeking employment (inadequate labor supply) have been playing a major role in the slow recovery, as evidenced by factors including record job openings, the largest wage increases in decades, and other signs of a tighten labor market than would generally be expected given the still low levels of…
| Stefanie Stantcheva
2021, Paper: "Stefanie Stantcheva is a Professor of Economics at Harvard and founder of the Social Economics Lab. She studies the taxation of firms and individuals, as well as how people understand, perceive, and form their attitudes towards public policies."
Non-HKS Author Website - Stefani Stantcheva
| Jason Furman
May 12, 2021, Audio: "Jason Furman, Harvard University Aetna Professor of Economic Policy, says some states should start rethinking unemployment insurance. Alicia Levine, BNY Mellon Chief Investment Strategist, says a little bit of inflation is positive for Main Steet. Thierry Wizman, Macquarie Capital Director of Global Currencies & Interest Rate Strategist, is not positive on iron. Steve Ricchiuto, Mizuho Securities Chief U.S. Economist,…
| Dani Rodrik
May 11, 2021, Opinion: "US President Joe Biden's administration has embarked on a bold and long-overdue departure from the economic policy orthodoxy that has prevailed in the US and much of the West since the 1980s. But those who are seeking a new economic paradigm should be careful what they wish for."
HKS Author - Dani Rodrik
| Andy Wu
May 14, 2021, Paper: "Our study introduces board committees as a crucial determinant of board actions. We examine how directors who structurally link different board committees—referred to as multi-committee directors (MCDs)—explain why some board actions are merely symbolic while others are more substantive. As a baseline, we argue that boards in general respond to financial restatements at peer firms by symbolically appointing new directors…