Showing results 1 - 10 of 722
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."…
| Joseph Aldy
April 22, 2021, Video: "On Thursday, April 22, 2021 at 10:00 a.m. E.T., Rep. Ro Khanna, Chairman of the Subcommittee on the Environment, will hold the Subcommittee’s first hearing of the Congress on Earth Day entitled, “The Role of Fossil Fuel Subsidies in Preventing Action on the Climate Crisis.”"
HKS Author - Joseph Aldy
| Matthew Stephenson
2021, Paper: "Most global corruption statistics are based on estimation, extrapolation, or generalisation. How plausible are they? We review ten of the most widely cited claims, tracing each to its source and evaluating its credibility and reliability. We found that none could be classified as credible, and only two came close. After critiquing these oftcited figures, we suggest five ways that organisations can improve the statistical claims…
| Mark Roe
April 13, 2021, Paper: "Stock-market short-termism—stemming from rapid trading and activists looking for quick cash—is, a widespread view has it, hurting the American economy. Because stock markets will not support corporate long-term planning, the thinking goes, companies fail to invest enough, do not do enough research and development, and buy back so much of their stock that their coffers are depleted of cash for their future. This…
| Cass Sunstein
April 2021, Paper: "The American administrative state has become a cost-benefit state, at least in the sense that prevailing executive orders require agencies to proceed only if the benefits justify the costs. Some people celebrate this development; others abhor it. For defenders of the cost-benefit state, the antonym of their ideal is, alternately, regulation based on dogmas, intuitions, pure expressivism, political preferences, or interest-…
| Meg Rithmire
2021, Paper: "A large literature on state-business relations in China has examined the political role of capitalists and collusion between the state and the private sector. This paper contributes to that literature, and our understanding of the internal differentiation among China’s business elites, by documenting the emergence of a particular kind of large, non-state business group that we argue is more akin to a mafia system than any standard…
| Rebecca Tushnet
2021, Book Chapter: "Trademark registration is useful in providing a record of when rights were acquired and over what symbols, it also provinces constructive notice of registrant’s rights. Registration presents issues when underlying rights are expanded through assertions in litigation, even when the rights are narrow on paper. A number of reforms to the registration process could address these problems: “use requirements, heightened…
| Marc Melitz
March 2021, Paper: "This article derives a European Herfindahl-Hirschman concentration index from 15 micro-aggregated country datasets. In the last decade, European concentration rose due to a reallocation of economic activity towards large and concentrated industries. Over the same period, productivity gains from reallocation accounted for 50% of European productivity growth and markups stayed constant. Using country-industry variation, we show…
| Geoffrey G. Jones
March 8, 2021, Video: "Isidor Straus Professor of Business History, and Faculty Chair of the School's Business History Initiative. "What you tend to see, as the globalization cycle persists is increasing and increasing maldistribution of the gains from globalization it leads to a lot more inequality. And this tends to produce, over time, a reaction which will close down globalization. And that's been the pattern that we saw in the 20th century,…
| James H. Stock
March 4, 2021, Opinion: "Suppose that regulation of greenhouse gas emissions from power plants would produce large benefits in 30 years—but only modest benefits today. Suppose at the same time that these same regulations require businesses to make a series of increasingly costly changes to their operations over the next several decades. Since 1981, both Republican and Democratic presidents have required government agencies to calculate the cost…