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

Ma, Siyu, Yair Tauman, and Richard Zeckhauser. "Deterrence games and the disruption of information." International Journal of Game Theory 53 (March 2024): 261-287.
Stock, James H., and Matthew Zaragoza-Watkins. "The Market and Climate Implications of U.S. LNG Exports." NBER Working Paper Series, March 2024.
Campanella, Edoardo, and John Haigh. "The Battle for the Internet." Survival 66.1 (2024): 69-84.
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.
Armona, Luis, and Shengmao Cao. "Redesigning Federal Student Aid in Sub-Baccalaureate Education." 30 January 2024.
Obolensky, Marguerite, Marco Tabellini, and Charles Taylor. "Homeward Bound: How Migrants Seek Out Familiar Climates." HKS Faculty Research Working Paper Series RWP24-001, January 2024.
Obolensky, Marguerite, Marco Tabellini, and Charles Taylor. "Homeward Bound: How Migrants Seek Out Familiar Climates." NBER Working Paper Series, January 2024.
Dynan, Karen. "High and Rising US Federal Debt: Causes and Implications." Building a More Resilient US Economy. Ed. Melissa S. Kearney, Justin Schardin, and Luke Pardue. Asen Economic Strategy Group, 2023.
Dynan, Karen. "Advanced economies will experience subdued growth, outlook for emerging markets is varied." Peterson Institute for International Economics (September 29, 2023).
Dynan, Karen. "PIIE projects global economy poised for soft landing." Peterson Institute for International Economics (September 26, 2023).
Taylor, Charles A., and Geoffrey Heal. "Fertilizer and Algal Blooms: A Satellite Approach to Assessing Water Quality." Risks in Agricultural Supply Chains. Ed. Pol Antràs and David Zilberman. University of Chicago Press, 2023, 83-106.
Chang, Edward, Siri Chilazi, James Elfer, Cansin Arslan, Erika Kirgios, Oliver Hauser, and Iris Bohnet. "Incorporating DEI into Decision-Making." Harvard Business Review. September 1, 2023.
Graf von Luckner, Clemens, Carmen M. Reinhart, and Kenneth Rogoff. "Decrypting new age international capital flows." Journal of Monetary Economics 138 (September 2023): 104-122.
Campanella, Edoardo, and John Haigh. "China Wants to Run Your Internet." Foreign Policy. August 25, 2023.
Armona, Luis. "Online Social Network Effects in Labor Markets: Evidence from Facebook's Entry to College Campuses." Review of Economics and Statistics (July 24, 2023): 1-47.
Aldy, Joseph, Todd D. Gerarden, and Richard L. Sweeney. "Investment versus Output Subsidies: Implications of Alternative Incentives for Wind Energy." Journal of the Association of Environmental and Resource Economists 10.4 (July 2023): 981-1018.
Nesser, Hannah, Daniel J. Jacob, Joannes D. Maasakkers, Alba Lorente, Zichong Chen, Xiao Lu, Lu Shen, Zhen Qu, Melissa P. Sulprizio, Margaux Winter, Shuang Ma, A. Anthony Bloom, John R. Worden, Robert N. Stavins, and Cynthia A. Randles. "High-resolution U.S. methane emissions inferred from an inversion of 2019 TROPOMI satellite data: contributions from individual states, urban areas, and landfills." EGUsphere [preprint] (June 13, 2023).
Aldy, Joseph, Patrick Bolton, Marcin Kacperczyk, and Zachery M. Halem. "Behind schedule: The corporate effort to fulfill climate obligations." Journal of Applied Corporate Finance 35.2 (Spring 2023): 26-34.
Dynan, Karen, and Douglas Elmendorf. "Changes in Racial Gaps in Retirement Security over Time." June 2023.
Chen, Zichong, Daniel J. Jacob, Ritesh Gautam, Mark Omara, Robert N. Stavins, Robert C. Stowe, Hannah Nesser, Melissa P. Sulprizio, Alba Lorente, Daniel J. Varon, Xiao Lu, Lu Shen, Zhen Qu, Drew C. Pendergrass, and Sarah Hancock. "Satellite quantification of methane emissions and oil–gas methane intensities from individual countries in the Middle East and North Africa: implications for climate action." Atmospheric Chemistry and Physics 23.10 (31 May 2023): 5945-5967.
Stansbury, Anna, Jacob Funk Kirkegaard, and Karen Dynan. "Gender gaps in South Korea’s labour market: children explain most of the gender employment gap, but little of the gender wage gap." Applied Economics Letters (May 3, 2023).
Aldy, Joseph E., and Maximilian Auffhammer. "Localizing Environmental Regulation: The Case of Boutique Fuels." Resources for the Future, May 2023.
Horn, Sebastian, Bradley C. Parks, Carmen M. Reinhart, and Christoph Trebesch. "Debt Distress on China's Belt and Road." AEA Papers and Proceedings 113 (May 2023): 131-34.
Grosset, Florian, Anna Papp, and Charles A. Taylor. "Rain Follows the Forest: Land Use Policy, Climate Change, and Adaptation." 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.
Ilzetzki, Ethan, Carmen Reinhart, and Kenneth Rogoff. "Exchange Rate Volatility and Monetary Policy." Vox EU, April 4, 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.
Taylor, Charles A. "Irrigation and Climate Change: Long-run Adaptation and its Externalities." March 2023.
Summers, Lawrence H. "Three Key Issues for Post-pandemic Monetary Policy." Cato Policy Report, November/December 2022.
Deep, Akash, Mojahedul Islam Nayyer, and Thillai Rajan A. "The performance of PPP and publicly procured road projects: evidence from India." Assessing the Performance Advantage of Public-Private Partnerships. Ed. Stefan Verweij, Ingmar van Meerkerk, and Carter Casady. Edward Elgar, 2022, 156-183.
Kevin Rennert, Frank Errickson, Brian C. Prest, Lisa Rennels, Richard G. Newell, William Pizer, Cora Kingdon, Jordan Wingenroth, Roger Cooke, Bryan Parthum, David Smith, Kevin Cromar, Delavane Diaz, Frances C. Moore, Ulrich K. Müller, Richard J. Plevin, Adrian E. Raftery, Hana Ševcíková, Hannah Sheets, James H. Stock, Tammy Tan, Mark Watson, Tony E. Wong, and David Anthoff. "Comprehensive evidence implies a higher social cost of CO2." Nature 610 (2022): 687-692.
Aldy, Joseph E., Dallas Burtraw, Carolyn Fischer, Meredith Fowlie, Roberton C. Williams III & Maureen L. Cropper. "How Is the US Pricing Carbon? How Could We Price Carbon?" HKS Faculty Research Working Paper Series RWP22-018, October 2022.
Scherer, F.M. "Chapter 13: Economists' analyses of technological change." Elgar Encyclopedia on the Economics of Knowledge and Innovation. Ed. Cristiano Antonelli. Elgar, 2022, 115-119.
Horn, Sebastian, Carmen M. Reinhart, and Christoph Trebesch. "China’s overseas lending and the war in Ukraine." Global Economic Consequences of the War in Ukraine: Sanctions, Supply Chains and Sustainability. Ed. Luis Garicano, Dominic Rohner, and Beatrice Weder di Mauro. CEPR Press, September 2022.
Stavins, Robert N., and Gernot Wagner. "Martin Weitzman: A Gift That Keeps on Giving." Journal of the Association of Environmental and Resource Economists 9.5 (September 2022): 843-850.
Aldy, Joseph E., Dallas Burtraw, Carolyn Fischer, Meredith Fowlie, Roberton C. Williams III, and Maureen L. Cropper. "How is the U.S. Pricing Carbon? How Could We Price Carbon?" Journal of Benefit-Cost Analysis 13.3 (Fall 2022): 310-334.
Müller, Ulrich K., James H. Stock, and Mark W. Watson. "An Econometric Model of International Growth Dynamics for Long-Horizon Forecasting." The Review of Economics and Statistics 104.5 (September 2022): 857-876.
Aldy, Joseph E., and Sarah Armitage. "The Welfare Implications of Carbon Price Certainty." Journal of the Association of Environmental and Resource Economists 9.5 (September 2022): 843-1046.
Taylor, Charles A., Christopher Boulos, and Matthew J. Memoli. "The 1968 Influenza Pandemic and COVID-19 Outcomes." September 2022.
Aldy, Joseph E., and Zachery M. Halem. "The Evolving Role of Greenhouse Gas Emission Offsets in Combating Climate Change." HKS Faculty Research Working Paper Series RWP22-011, August 2022.
Aldy, Joseph. "Learning How to Build Back Better through Clean Energy Policy Evaluation." HKS Faculty Research Working Paper Series RWP22-010, August 2022.
Bolhuis, Marijn A., Judd N. L. Cramer, and Lawrence H. Summers. "Comparing Past and Present Inflation." Review of Finance 26.5 (September 2022): 1073-1100.
Bolhuis, Marijn A., Judd N. L. Cramer, and Lawrence H. Summers. "The Coming Rise in Residential Inflation." Review of Finance 26.5 (September 2022): 1051-1072.
Kose, M. Ayhan, Franziska L. Ohnsorge, Carmen M. Reinhart, and Kenneth S. Rogoff. "The Aftermath of Debt Surges." Annual Review of Economics 14.1 (August 2022): 637-663.
Furman, Jason. "The Quants in the Room: How Much Power Do Economists Really Have?" Review of by Thinking Like an Economist: How Efficiency Replaced Equality in US. Public Policy. ed. Elizabeth Popp Berman. Foreign Affairs, 101.4, 2022: 182-189.
Tucker-Foltz, Jamie, and Richard Zeckhauser. "Playing Divide-and-Choose Given Uncertain Preferences." HKS Faculty Research Working Paper Series RWP22-008, July 2022.
Blanchard, Olivier, Alex Domash, and Lawrence Summers. "Bad news for the Fed from the Beveridge space." Peterson Institute for International Economics Policy Briefs, July 2022.
Dynan, Karen E., Jacob F. Kirkegaard, and Anna Stansbury. "Why gender disparities persist in South Korea’s labor market." Peterson Institute for International Economics Working Paper Series, July 2022.
Meckling, Jonas, Joseph E. Aldy, and Matthew J. Kotchen, Sanya Carley, Daniel C. Esty, Peter A. Raymond, Bella Tonkonogy, Charles Harper, Gillian Sawyer, and Julia Sweatman. "Busting the myths around public investment in clean energy." Nature Energy 7 (July 2022): 563–565.
Andrianesis, Panagiotis, Dimitris J Bertsimas, Michael Caramanis, and William W. Hogan. "Computation of Convex Hull Prices in Electricity Markets with Non-Convexities using Dantzig-Wolfe Decomposition." IEEE Transactions on Power Systems 37.4 (July 2022): 2578-2589.