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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.

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.

China Wants to Run Your Internet

Campanella, Edoardo, and John Haigh. "China Wants to Run Your Internet." Foreign Policy. August 25, 2023.

Gender gaps in South Korea’s labour market: children explain most of the gender employment gap, but little of the gender wage gap

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).

Debt Distress on China's Belt and Road

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.

China as an International Lender of Last Resort

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.

Hidden Defaults

Horn, Sebastian, Carmen Reinhart, and Christoph Trebesch. "Hidden Defaults." American Economics Papers and Proceedings 112 (May 2022): 531-535.

On the Persistence of the China Shock

Autor, David, David Dorn, and Gordon H. Hanson. "On the Persistence of the China Shock." HKS Faculty Research Working Paper Series RWP21-028, November 2021.

Urban Household Consumption in China: Price, Income, and Demographic Effects

Cao, Jing, Mun Sing Ho, Wenhao Hu, and Dale Jorgenson. "Urban Household Consumption in China: Price, Income, and Demographic Effects." Review of Development Economics (October 2020).

Our Path to “New Normal” in Employment? Sobering Clues from China and Recovery Scores for U.S. Industry

Cunningham, Edward, and Philip Jordan. "Our Path to “New Normal” in Employment? Sobering Clues from China and Recovery Scores for U.S. Industry." Ash Center for Democratic Governance and Innovation, July 2020.

Effective Labor Supply and Growth Outlook in China

Cao, Jing, Mun S. Ho, Wenhao Hu, and Dale Jorgenson. "Effective Labor Supply and Growth Outlook in China." China Economic Review 61 (June 2020): 101398.

Estimating Flexible Consumption Functions for Urban and Rural Households in China

Cao, Jing, Mun S. Ho, Wenhao Hu, and Dale Jorgenson. "Estimating Flexible Consumption Functions for Urban and Rural Households in China." China Economic Review 61 (June 2020).

How Much Money Does the World Owe China?

Horn, Sebastian, Carmen M. Reinhart, and Christoph Trebesch. "How Much Money Does the World Owe China?" Harvard Business Review 26 (February 2020).

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.

China, Like the US, Faces Challenges in Achieving Inclusive Growth Through Manufacturing

Lawrence, Robert Z. "China, Like the US, Faces Challenges in Achieving Inclusive Growth Through Manufacturing." China & World Economy (August 2019).

China's Overseas Lending

Horn, Sebastian, Carmen M. Reinhart, Christoph Trebesch. "China's Overseas Lending." July 2019.

The Role of Electric Vehicles in Decarbonizing China’s Transportation Sector

Qiao, Qinyu, and Henry Lee. "The Role of Electric Vehicles in Decarbonizing China’s Transportation Sector." Environment and Natural Resources Program, Belfer Center for Science and International Affairs, April 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.

Understanding Regional Export Growth in China

Dorn, David, Gordon Hanson, and Lei Li. "Understanding Regional Export Growth in China." World Trade Evolution: Growth, Productivity and Employment. Ed. Lili Yan Ing and Miaojie Yu. Routledge, 2019.

Realizing the Potential of PPPs to Advance Asia's Infrastructure Development

Deep, Akash, Jungwook Kim and Minsoo Lee, eds. Realizing the Potential of PPPs to Advance Asia's Infrastructure Development. Asian Development Bank, 2019.

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.

Back Channel Negotiations and Dangerous Waiting

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

Confronting an Enemy with Unknown Preferences: Deterrer or Provocateur?

Jelnov, Artyom, Yair Tauman, and Richard Zeckhauser. "Confronting an Enemy with Unknown Preferences: Deterrer or Provocateur?" HKS Faculty Research Working Paper Series RWP18-006, January 2018.

Globalization and Chinese Growth: Ends of Trends?

Frankel, Jeffrey A. "Globalization and Chinese Growth: Ends of Trends?" HKS Faculty Research Working Paper Series RWP16-029, July 2016.

From Financial Repression to External Distress: The Case of Venezuela

Reinhart, Carmen M., Miguel Angel Santos. "From Financial Repression to External Distress: The Case of Venezuela." Emerging Markets Finance and Trade 52.2 (February 2016): 255-284.

China's Slowdown and the Chinese Stock Market

Frankel, Jeffrey A. "China's Slowdown and the Chinese Stock Market." VoxEU, January 27, 2016.

Lessons Learned from Three Decades of Experience with Cap-and-Trade

Schmalensee, Richard, and Robert N. Stavins. "Lessons Learned from Three Decades of Experience with Cap-and-Trade." HKS Faculty Research Working Paper Series RWP15-069, November 2015.

Misinterpreting Chinese Intervention in Financial Markets

Frankel, Jeffrey A. "Misinterpreting Chinese Intervention in Financial Markets." China-US Focus, September 10, 2015.

The Antecedents and Aftermath of Financial Crises as Told by Carlos F. Díaz Alejandro

Reinhart, Carmen. "The Antecedents and Aftermath of Financial Crises as Told by Carlos F. Díaz Alejandro." HKS Faculty Research Working Paper Series RWP15-035, July 2015.

Liquidity in Retirement Savings Systems: An International Comparison

Beshears, John, James J. Choi, Joshua Hurwitz, David Laibson, and Brigitte C. Madrian. "Liquidity in Retirement Savings Systems: An International Comparison." HKS Faculty Research Working Paper Series RWP15-024, May 2015.

From Financial Repression to External Distress: The Case of Venezuela

Reinhart, Carmen, and Miguel Angel Santos. "From Financial Repression to External Distress: The Case of Venezuela." HKS Faculty Research Working Paper Series RWP15-018, April 2015.

Chinese Currency Manipulation Not a Problem

Frankel, Jeffrey A. "Chinese Currency Manipulation Not a Problem." East Asia Forum, March 9, 2015.

Venezuela's Economic Underperformance

Reinhart, Carmen, and Kenneth Rogoff. "Venezuela's Economic Underperformance." Project Syndicate, October 13, 2014.

Investment In The Wake of Crises: Asia 15 Years Later

Reinhart, Carmen and Takeshi Tashiro. "Investment In The Wake of Crises: Asia 15 Years Later." Vox, December 17, 2013.

Jobs and Kids: Female Employment and Fertility in China

Fang, Hai, Karen N. Eggleston, John A. Rizzo, and Richard J. Zeckhauser. "Jobs and Kids: Female Employment and Fertility in China." IZA Journal of Labor and Development 2.12 (2013).

The Financial Legacy of Iraq and Afghanistan: How Wartime Spending Decisions Will Constrain Future National Security Budgets

Bilmes, Linda J. "The Financial Legacy of Iraq and Afghanistan: How Wartime Spending Decisions Will Constrain Future National Security Budgets." HKS Faculty Research Working Paper Series RWP13-006, March 2013.

Missions-oriented RD&D Institutions in Energy between 2000 and 2010: A Comparative Analysis of China, the United Kingdom, and the United States

Diaz Anadon, Laura. "Missions-oriented RD&D Institutions in Energy between 2000 and 2010: A Comparative Analysis of China, the United Kingdom, and the United States." Research Policy 41.10 (December 2012): 1742-1756.

Cuban Time Travel

Frankel, Jeffrey A. "Cuban Time Travel." Project Syndicate, November 22, 2012.

Japan's Economic Prospects

Porter, Roger B. "Japan's Economic Prospects." M-RCBG Faculty Working Paper 2012-15, November 2012.

Aung San Suu Kyi Signals Change in Burma, but Investors Should Proceed with Caution

Ruggie, John Gerard. "Aung San Suu Kyi Signals Change in Burma, but Investors Should Proceed with Caution." Christian Science Monitor, June 19, 2012.

The Price of Wind Power in China During its Expansion: Technology Adoption, Learning-by-Doing, Economies of Scale, and Manufacturing Localization

Qiua, Yueming, and Laura D. Anadon. "The Price of Wind Power in China During its Expansion: Technology Adoption, Learning-by-Doing, Economies of Scale, and Manufacturing Localization." Energy Economics 34.3 (May 2012): 772-785.

In Economists’ Paradise, Lessons for US

Glaeser, Edward L. "In Economists’ Paradise, Lessons for US." Boston Globe, December 19, 2011.

The Rise of Developing Asia and the New Economic Order

Jorgenson, Dale W. "The Rise of Developing Asia and the New Economic Order." Journal of Policy Modeling 33.5 (September/October 2011): 698-745.

A Solution to Overoptimistic Forecasts and Fiscal Procyclicality: The Structural Budget Institutions Pioneered by Chile

Frankel, Jeffrey A. "A Solution to Overoptimistic Forecasts and Fiscal Procyclicality: The Structural Budget Institutions Pioneered by Chile." HKS Faculty Research Working Paper Series RWP11-012, February 2011.

Over-optimism in Forecasts by Official Budget Agencies and its Implications

Frankel, Jeffrey A. "Over-optimism in Forecasts by Official Budget Agencies and its Implications." Oxford Review of Economic Policy 27.4 (Winter 2011): 536-562.

Female Employment and Fertility in Rural China

Fang, Hai, Karen N. Eggleston, John A. Rizzo, and Richard J. Zeckhauser. "Female Employment and Fertility in Rural China." HKS Faculty Research Working Paper Series RWP10-011 and NBER Working Papers 15886, March 2010.

Dynamics and Regulation in the Asian Pharmaceutical Industry

Scherer, F.M. Dynamics and Regulation in the Asian Pharmaceutical Industry. Prescribing Cultures and Pharmaceutical Policy in the Asia-Pacific. Ed. Karen Eggleston. Stanford University APARC, 2009, 367-385.

Rank as an Incentive

Tran, Anh, and Richard Zeckhauser. "Rank as an Incentive." HKS Faculty Research Working Paper Series RWP09-019, July 2009.

Industrial and Aggregate Measures of Productivity Growth in China, 1982-2000

Cao, Jing, Mun S. Ho, Dale Jorgenson, Ruoen Ren, Linlin Sun, and Ximing Yue. "Industrial and Aggregate Measures of Productivity Growth in China, 1982-2000." Review of Income and Wealth 55.1 (July 2009): 485-513.

Trust and the Reference Points for Trustworthiness in Gulf and Western Countries

Bohnet, Iris, Benedikt Herrmann, and Richard Zeckhauser. "Trust and the Reference Points for Trustworthiness in Gulf and Western Countries." HKS Faculty Research Working Paper Series RWP09-015, June 2009.