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

Stock, James H., and Matthew Zaragoza-Watkins. "The Market and Climate Implications of U.S. LNG Exports." NBER Working Paper Series, March 2024.
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." NBER Working Paper Series, January 2024.
Dynan, Karen, and Douglas Elmendorf. "Changes in Racial Gaps in Retirement Security over Time." June 2023.
Aldy, Joseph E., and Maximilian Auffhammer. "Localizing Environmental Regulation: The Case of Boutique Fuels." Resources for the Future, May 2023.
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.
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.
Taylor, Charles A., Christopher Boulos, and Matthew J. Memoli. "The 1968 Influenza Pandemic and COVID-19 Outcomes." September 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.
Domash, Alex, and Lawrence H. Summers. "A labor market view on the risks of a U.S. hard landing." NBER Working Paper Series, April 2022.
Horn, Sebastian, Carmen M. Reinhart, and Christoph Trebesch. "Hidden Defaults." World Bank, Policy Research Working Paper Series, February 2022.
Furman, Jason. "What the Federal Reserve Should Do Now: An Elaboration." Peterson Institute for International Economics, November 18, 2021.
Aldy, Joseph. "Addressing the Leakage and Competitiveness Risks of Climate Policy." RFF Issue Briefs, October 2021.
Graf von Luckner, Clemens, Carmen M. Reinhart, and Kenneth S. Rogoff. "Decrypting New Age International Capital Flows." NBER Working Paper Series, October 2021.
Ilzetzki, Ethan, Carmen M. Reinhart, and Kenneth S. Rogoff. "Rethinking Exchange Rate Regimes." NBER Working Paper Series, October 2021.
Taylor, Charles A., and Wolfram Schlenker. "Environmental Drivers of Agricultural Productivity Growth: CO2 Fertilization of US Field Crops." NBER Working Paper Series, October 2021.
Kose, M. Ayhan, Franziska L. Ohnsorge, Carmen M. Reinhart, and Kenneth S. Rogoff. "The Aftermath of Debt Surges." NBER Working Paper Series, September 2021.
Furman, Jason, Melissa S. Kearney, and Wilson Powell. "The role of childcare challenges in the US jobs market recovery during the COVID-19 pandemic." NBER Working Paper Series, June 2021.
Furman, Jason, Melissa Kearney, and Wilson Powell III. "How Much Have Childcare Challenges Slowed the US Jobs Market Recovery?" Peterson Institute for International Economics, May 2021.
Reinhart, Carmen. "From Health Crisis to Financial Distress." World Bank Policy Research Working Paper Series, April 2021.
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.
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.
Furman, Jason, and Lawrence H. Summers. "A Reconsideration of Fiscal Policy in the Era of Low Interest Rates." November 30, 2020.
Atkeson, Andrew, Michael C. Droste, Michael Mina, and James H. Stock. "Economic Benefits of COVID-19 Screening Tests." National Bureau of Economic Research, November 2020.
Lee, Henry, and Abigail Mayer. "The Future of Carbon Offset Markets." Environment and Natural Resources Program, Belfer Center for Science and International Affairs, October 22, 2020.
Taylor, Charles A. "Cicadian Rhythm: Insecticides, Infant Health and Long-term Outcomes." CEEP Working Paper Series, September 2020.
Banerjee, Abhijit, Marcella Alsan, Emily Breza, Arun G. Chandrasekhar, Abhijit Chowdhury, Esther Duflo, Paul Goldsmith-Pinkham, and Benjamin A. Olken. "Messages on COVID-19 Prevention in India Increased Symptoms Reporting and Adherence to Preventive Behaviors Among 25 Million Recipients with Similar Effects on Non-recipient Members of Their Communities." National Bureau of Economics Research, August 2020.
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.
Furman, Jason. "US Unemployment Insurance in the Pandemic and Beyond." Peterson Institute for International Economics, July 2020.
Metcalf, Gilbert E., and James H. Stock. "The Macroeconomic Impact of Europe’s Carbon Taxes." National Bureau of Economic Research, July 2020.
Aspelund, Karl M., Michael C. Droste, James H. Stock, and Christopher D. Walker. "Identification and Estimation of Undetected COVID-19 Cases Using Testing Data from Iceland." National Bureau of Economic Research, July 2020.
Aspelund, Karl M., Michael Droste, James H. Stock, and Christopher D. Walker. "Identification and Estimation of Undetected COVID-19 Cases Using Testing Data from Iceland." June 2020.
Baqaee, David, Emmanuel Farhi, Michael Mina, and James H. Stock. "Policies for a Second Wave." Brookings Papers on Economic Activity, June 2020.
Horn, Sebastian, Carmen M. Reinhart, and Christoph Trebesch. "Coping with Disasters: Two Centuries of International Official Lending." June 2020.
Stock, James H. "Reopening the Coronavirus-Closed Economy." Hutchins Center, 2020.
Bohnet, Iris, and Siri Chilazi. "Overcoming the Small-N Problem." University of Massachusetts, Amherst, Center for Employment Equity, May 2020.
Baqaee, David, Emmanuel Farhi, Michael J. Mina, and James H. Stock. "Reopening Scenarios." National Bureau of Economic Research, May 2020.
Lewis, Daniel, Karel Mertens, and James H. Stock. "US Economic Activity During the Early Weeks of the SARS-Cov-2 Outbreak." National Bureau of Economic Research, April 2020.
Lewis, Daniel J., Karel Mertens, James H. Stock, and Mihir Trivedi. "Measuring Real Activity Using a Weekly Economic Index." Federal Reserve Bank of New York, April 2020.
Chen, Cuicui, and Henry Lee. "The Value of Carbon Capture, Utilization, and Sequestration." Environment and Natural Resources Program, Belfer Center for Science and International Affairs, March 4, 2020.
Stock, James H. "Data Gaps and the Policy Response to the Novel Coronavirus." National Bureau of Economic Research, March 2020.
Banchard, Olivier, and Lawrence H. Summers. "Automatic Stabilizers in a Low-Rate Environment." Peterson Institute for International Economics, February 2020.
Sarin, Natasha, Lawrence Summers, and Joe Kupferberg. "Tax Reform for Progressivity: A Pragmatic Approach." The Hamilton Project, January 2020.
Furman, Jason. "How to Increase Growth While Raising Revenue: Reforming the Corporate Tax Code." The Hamilton Project, January 2020.
Bulow, Jeremy, Carmen Reinhart, Kenneth Rogoff, and Christoph Trebesch. "The Debt Pandemic." 2020.