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Crowd of Black Lives Matters demonstrators marching in the street.
Feature: The Democratic Necessity of Reckoning

Erica Chenoweth reviews scholarship that overwhelmingly shows the Black Lives Matter movement generated high levels of public awareness about systemic racism and increased support for criminal justice reform.

Electronic stock ticker board with numbers and arabic letters.
Feature: Against Rule-of-Thumb Economics

Dani Rodrik argues against neoliberalism’s universal rule-of-thumb approach and for economic analyses grounded in contextual dependencies.

Several hands of team members covering one another in a huddle above a work table.
Feature: Leaders’ Psychological Bravery

Dana Born explores what skills leaders need to cultivate psychological safety on their teams and across their organizations.

Dollars and Euros piled on top of one another.
Feature: Dollar vs. Euro as International Reserve Currencies

Jeffrey Frankel explores the strengths and weaknesses of using the Dollar and the Euro as international reserve currencies.

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 Battle for the Internet

Campanella, Edoardo, and John Haigh. "The Battle for the Internet." Survival 66.1 (2024): 69-84.

High and Rising US Federal Debt: Causes and Implications

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.

Decrypting new age international capital flows

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.

Learning How to Build Back Better through Clean Energy Policy Evaluation

Aldy, Joseph. "Learning How to Build Back Better through Clean Energy Policy Evaluation." HKS Faculty Research Working Paper Series RWP22-010, August 2022.

Wetlands, Flooding, and the Clean Water Act

Taylor, Charles A., and Hannah Druckenmiller. "Wetlands, Flooding, and the Clean Water Act." American Economic Review 112.4 (April 2022): 1334-1363.

Social Science Research to Inform Solar Geoengineering

Aldy, Joseph et al. "Social Science Research to Inform Solar Geoengineering." Science 374.6569 (2021): 815-818.

The Long-Term Costs of United States Care for Veterans of the Afghanistan and Iraq Wars

Bilmes, Linda J. "The Long-Term Costs of United States Care for Veterans of the Afghanistan and Iraq Wars." HKS Faculty Research Working Paper Series RWP21-024, September 2021.

Keep Climate Policy Focused on the Social Cost of Carbon

Aldy, Joseph, Matthew L. Kotchen, Robert N. Stavins, and James H. Stock. "Keep Climate Policy Focused on the Social Cost of Carbon." Science 373.6557 (2021): 850-852.

America’s False Imbalance Syndrome

Frankel, Jeffrey A. "America’s False Imbalance Syndrome." The Project Syndicate, June 2021.

What Three Economists Taught Us About Currency Regimes

Frankel, Jeffrey A. "What Three Economists Taught Us About Currency Regimes." The Project Syndicate, April 2021.

Recommendations to the Biden Administration: On Regulating Disinformation and Other Harmful Content on Social Media

Atkinson, Caroline, Paul Barrett, Lynda Clarizio, Dipayan Ghosh, John Haigh, Thomas Melia, Michael Posner, Vivian Schiller, and Clint Watts. "Recommendations to the Biden Administration: On Regulating Disinformation and Other Harmful Content on Social Media." March 2021.

Biden Administration’s Sensible Stimulus

Frankel, Jeffrey A. "Biden Administration’s Sensible Stimulus." The Project Syndicate, March 2021.

David vs. Goliath Narrative in GameStop Story Has Serious Flaws

Frankel, Jeffrey A. "David vs. Goliath Narrative in GameStop Story Has Serious Flaws." The Guardian, February 2021.

Republicans Are Rediscovering the Dangers of Budget Deficits

Frankel, Jeffrey A. "Republicans Are Rediscovering the Dangers of Budget Deficits." The Guardian, January 2021.

Book Review: James M. Gabler: Passions: The Wines and Travels of Thomas Jefferson

Stavins, Robert N. "Book Review: James M. Gabler: Passions: The Wines and Travels of Thomas Jefferson." Review of Journal of Wine Economics, 16 , 2021: 102-114.

Livestock plants and COVID-19 transmission

Taylor, Charles A., Christopher Boulosb, and Douglas Almonda. "Livestock plants and COVID-19 transmission." Proceedings of the National Academy of Sciences Vol.117.50 (December 15, 2020): 31706-31715.

Assessment of the National Park Service Museum Collections Storage Management. National Academy of Public Administration, December 2020.

Marcus Peacock, Donald Bathurst, Linda Bilmes, Sheila Burke and Margaret Sherry. "Assessment of the National Park Service Museum Collections Storage Management. National Academy of Public Administration, December 2020." National Academy of Public Administration, December 2020.

Joe Biden Looks Like A Safe Pair of Hands For the US Economy

Frankel, Jeffrey A. "Joe Biden Looks Like A Safe Pair of Hands For the US Economy." The Guardian, October 2020.

US Unemployment Insurance in the Pandemic and Beyond

Furman, Jason. "US Unemployment Insurance in the Pandemic and Beyond." Peterson Institute for International Economics, July 2020.

Three Prongs for Prudent Climate Policy

Aldy, Joseph, and Richard Zeckhauser. "Three Prongs for Prudent Climate Policy." Southern Economic Journal 87.1 (July 2020): 3-29.

The US is Officially in Recession Thanks to the Coronavirus Crisis

Frankel, Jeffrey A. "The US is Officially in Recession Thanks to the Coronavirus Crisis." The Guardian, June 16, 2020.

Valuing U.S. National Parks and Programs: America's Best Investment

Bilmes, Linda J., and John B. Loomis. Valuing U.S. National Parks and Programs: America's Best Investment, 1st edition. Routledge, 2020.

National Fiscal Policies to Fight Recessions in US States

Dynan, Karen, and Douglas Elmendorf. "National Fiscal Policies to Fight Recessions in US States." AEA Papers and Proceedings 110 (May 2020): 131-136.

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.

The Impacts of the U.S.-China Trade War

Hanson, Gordon. "The Impacts of the U.S.-China Trade War." Business Economics 55 (February 2020): 69–72.

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.

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.

Measuring Household Wealth in the Panel Study of Income Dynamics: The Role of Retirement Assets

Dynan, Karen. "Measuring Household Wealth in the Panel Study of Income Dynamics: The Role of Retirement Assets." Federal Reserve Bank of Boston, September 2019.

Central Banks Should Forget About Achieving 2 Percent Inflation

Frankel, Jeffrey A. "Central Banks Should Forget About Achieving 2 Percent Inflation." The Globe and Mail, July 28, 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 Real Cost of Trump’s Tariffs

Frankel, Jeffrey A. "The Real Cost of Trump’s Tariffs." Project Syndicate, May 23, 2019.

Recent U.S. Economic Performance and Prospects for Future Growth

Jorgenson, Dale W., Mun Ho, and Jon Samuels. "Recent U.S. Economic Performance and Prospects for Future Growth." Journal of Policy Modeling 41.3 (May 2019): 459-476.

Future-Proof Your Climate Strategy

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

Moore Problems for the Fed?

Frankel, Jeffrey A. "Moore Problems for the Fed?" Project Syndicate, April 27, 2019.

Saving Natural Gas through Regulation

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

Latin America's Challenging External Environment: Old and New Forces

Reinhart, Carmen. "Latin America's Challenging External Environment: Old and New Forces." Latin America Policy Journal 8 (Spring 2019): 9-13.

The Bus System of the Future

Goldsmith, Stephen and Wyatt Cmar. "The Bus System of the Future." Governing. January 23, 2019.

The Ripple Effects of the U.S. Government Shutdown

Bilmes, Linda J., and W. Scott Gould. "The Ripple Effects of the U.S. Government Shutdown." Barron's. January 22, 2019.

George HW Bush Was Fiscally Responsible – Unlike Donald Trump

Frankel, Jeffrey A. "George HW Bush Was Fiscally Responsible – Unlike Donald Trump." The Guardian, December 11, 2018.

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.

GHG Cap-and-Trade: Implications for Effective and Efficient Climate Policy in Oregon

Schatzki, Todd, and Robert N. Stavins. "GHG Cap-and-Trade: Implications for Effective and Efficient Climate Policy in Oregon." HKS Faculty Research Working Paper Series RWP18-038, November 2018.

The Unheard Nerds: How Economists Can Talk So Policymakers Will Listen

Dynan, Karen. "The Unheard Nerds: How Economists Can Talk So Policymakers Will Listen." Foreign Affairs. November/December 2018.

The New and Not Improved NAFTA

Frankel, Jeffrey A. "The New and Not Improved NAFTA." Project Syndicate, October 9, 2018.

The Fiscal Opacity Cycle: How America Hid the Costs of the Wars in Iraq and Afghanistan

Bilmes, Linda J. "The Fiscal Opacity Cycle: How America Hid the Costs of the Wars in Iraq and Afghanistan." Toward A Just Society: Joseph Stiglitz and Twenty-First Century Economics. Ed. Martin Guzman. Columbia University Press, 2018, 457-478.

US will Lack Fiscal Space to Respond when Next Recession Comes

Frankel, Jeffrey A. "US will Lack Fiscal Space to Respond when Next Recession Comes." The Guardian, August 28, 2018.

GDP as a Measure of Economic Well-Being

Dynan, Karen, and Louise Sheiner. "GDP as a Measure of Economic Well-Being." Hutchins Center, Brookings Institution, August 2018.

Back Channel Negotiations and Dangerous Waiting

Mukharji, Aroop, and Richard J. Zeckhauser. "Back Channel Negotiations and Dangerous Waiting." Negotiation Journal (July 2018): 297-307.

The Republicans' Protectionist Pedigree

Frankel, Jeffrey A. "The Republicans' Protectionist Pedigree." Project Syndicate, June 13, 2018.

An Economic Platform for US Democrats

Frankel, Jeffrey A. "An Economic Platform for US Democrats." Project Syndicate, May 24, 2018.

Household Debt

Dynan, Karen. "Household Debt." Milken Institute Review. April 27, 2018.