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

Beshears, John, James J. Choi, David Laibson, and Brigitte C. Madrian. "Potential vs. Realized Savings under Automatic Enrollment." TIAA Institute, July 2018.
Beshears, John, James J. Choi, David Laibson, and Brigitte C. Madrian. "Behavioral Household Finance." Handbook of Behavioral Economics 1 177-276.
Sarin, Natasha, and Lawrence H. Summers. "On Market-Based Approaches to the Valuation of Capital." June 2018.
Frankel, Jeffrey A. "The Republicans' Protectionist Pedigree." Project Syndicate, June 13, 2018.
Furman, Jason. "Testimony to Hearing on ‘Market Concentration’." Testimony before the Organisation for Economic Co-operation and Development, June 7, 2018.
Summers, Lawrence H. "Secular Stagnation and Macroeconomic Policy." IMF Economic Review 66.2 (June 2018): 226–250.
Friedman, Jeffrey A., Joshua D. Baker, Barbara A. Mellers, Philip E. Tetlock, and Richard Zeckhauser. "The Value of Precision in Probability Assessment: Evidence from a Large-Scale Geopolitical Forecasting Tournament." International Studies Quarterly 62 (June 2018): 410-422.
Furman, Jason, and Peter Orszag. "A Firm-Level Perspective on the Role of Rents in the Rise in Inequality." Toward a Just Society: Joseph Stiglitz and Twenty-First Century Economics. Ed. Martin Guzman. Columbia University Press, 2018.
Furman, Jason, and Peter Orszag. "Slower Productivity and Higher Inequality: Are They Related?" June 2018.
Frankel, Jeffrey A. "What Does Trump Want in his On Again, Off Again China Trade War?" The Hill, May 30, 2018.
Frankel, Jeffrey A. "An Economic Platform for US Democrats." Project Syndicate, May 24, 2018.
Summers, Lawrence H. "Taxes for Health: Evidence Clears the Air." The Lancet 391.10134 (May 2018): 1974-1976.
Stock, James H., and Mark W. Watson. "Identification and Estimation of Dynamic Causal Effects in Macroeconomics Using External Instruments." The Economic Journal 128.610 (May 2018): 917-948.
Fatas, Antonio, and Lawrence H. Summers. "The Permanent Effects of Fiscal Consolidations." Journal of International Economics 112 (May 2018): 238-250.
Kariv, S., Maciej H. Kotowski, and C. M. Leister. "Liquidity Risk in Sequential Trading Networks." Games and Economic Behavior 109 (May 2018): 565-581.
Magud, Nicolas E., Carmen M. Reinhart, and Kenneth S. Rogof. "Capital Controls: Myth and Reality." Annals of Economics and Finance 19.1 (May 2018): 1-47.
Dynan, Karen. "Household Debt." Milken Institute Review. April 27, 2018.
Stavins, Robert N. Review of Burgundy: People with a Passion for Wine, by Rudi Goldman. Wine Economics, 13.1, Spring 2018: 105-108.
Arezki, Rabah, Raouf Boucekkine, Jeffrey A. Frankel, and Rick van der Ploeg, eds. Rethinking the Macroeconomics of Resource-Rich Countries. Center for Economic Policy Research, 2018.
Jorgenson, Dale W. "The Growth of the World Economy." Productivity Dynamics in Emerging and Industrialized Countries. Ed. Deb Kusum Das. Routledge, 2018, 81-91.
Yamey, Gavin, Lawrence H. Summers, Dean T. Jamison, and Jessica Brinton. "How to Convene an International Health or Development Commission: Ten Key Steps." Health Policy and Planning 33.3 (April 2018): 429–435.
Dynan, Karen. "Adapting Tax Systems for Population Aging." Business Economics 53.2 (April 2018): 66-71.
Scherer, F.M. Monopolies, Mergers and Competition Policy. Edward Elgar Publishing, 2018.
Bourreau, Marc, and Pinar Dogan. "Gains from Digitization: Evidence from Gift-Giving in Music." Journal of Economic Behavior & Organization 149 (May 2018; Online March 2018): 106-122.
Frankel, Jeffrey A. "Is Technology Hurting Productivity?" Korea Herald, March 20, 2018.
Born, Dana, and Josh A. Goldstein. "Business Leaders Can Reverse the ‘Implosion of Trust’." Boston Globe, March 15, 2018.
Austin, Benjamin, Edward Glaeser, and Lawrence Summers. "Saving the Heartland: Place-Based Policies in 21st Century America." Brookings Papers on Economic Activity (Spring 2018).
Barro, Robert J., and Jason Furman. "Macroeconomic Effects of the 2017 Tax Reform." Brookings Papers on Economic Activity (Spring 2018).
Aldy, Joseph, Todd Gerarden, and Richard Sweeney. "Investment versus Output Subsidies: Implications of Alternative Incentives for Wind Energy." HKS Faculty Research Working Paper Series RWP18-012, March 2018.
Hogan, William W. "A Primer on Transmission Benefits and Cost Allocation." Economics of Energy & Environmental Policy 7.1 (March 2018).
Dogan, Pinar, and Marc Bourreau. "Gains from Digitization: Evidence from Gift-Giving in Music." HKS Faculty Research Working Paper Series RWP18-010, February 2018.
Frankel, Jeffrey A. "VIX Surge is a Wake-up Call for Investors." Barron's, February 24, 2018.
Slusky, David J. G., and Richard J. Zeckhauser. "Sunlight and Protection Against Influenza." HKS Faculty Research Working Paper Series RWP18-007, February 2018.
Fan, Victoria Y., Dean T. Jamison, and Lawrence H. Summers. "Pandemic Risk: How Large Are the Expected Losses?" Bulletin of the World Health Organization 96.2 (February 2018): 129-134.
Jorgenson, Dale W., Richard J. Goettle, Mun S. Ho, and Peter J. Wilcoxen. "The Welfare Consequences of Taxing Carbon." Climate Change Economy 9 (February 2018).
Chen, Cuicui, and Richard Zeckhauser. "Collective Action in an Asymmetric World." Journal of Public Economics 158 (February 2018): 103-112.
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.
Frank, Richard G., and Richard J. Zeckhauser. "Excess Prices for Drugs in Medicare: Diagnosis and Prescription." HKS Faculty Research Working Paper Series RWP18-005, January 2018.
Juma, Calestous, and Francis Mangeni. "African Regional Economic Integration: The Emergence, Evolution, and Impact of Institutional Innovation." HKS Faculty Research Working Paper Series RWP18-003, January 2018.
Lawrence, Robert Z. "Recent US Manufacturing Employment: The Exception that Proves the Rule." HKS Faculty Research Working Paper Series RWP18-002, November 2017.
Wagner, Alexander F., Richard J. Zeckhauser, and Alexandre Ziegler. "Unequal Rewards to Firms: Stock Market Responses to the Trump Election and the 2017 Corporate Tax Reform." AEA Papers and Proceedings 108 (January 2018): 590-596.
Kotowski, Maciej, and C. Matthew Leister. "Trading Networks and Equilibrium Intermediation." HKS Faculty Research Working Paper Series RWP18-001, January 2018 (Updated June 2019).
Frankel, Jeffrey A. "Making America's Trade Deficits Great Again." The Guardian, January 15, 2018.
Sinaiko, Anna, and Richard Zeckhauser. "Enrollee Outcomes After Health Insurance Plan Terminations: A Diagnosis of Default Effects." Behavioural Public Policy 2.1 (2018): 56-77.
Frank, Richard G., and Richard J. Zeckhauser. "High-Priced Drugs in Medicare Part D: Diagnosis and Potential Prescription." January 2018.
Kotowski, Maciej. "On Asymmetric Reserve Prices." Theoretical Economics 13.1 (January 2018): 205-237.
Hogan, William W. "An Efficient Western Energy Imbalance Market with Conflicting Carbon Policies." The Electricity Journal 30.10 (December 2017): 8-15.
Gerarden, Todd D., Richard G. Newell, and Robert N. Stavins. "Assessing the Energy-Efficiency Gap." Journal of Economic Literature 55.4 (December 2017): 1486-1525.
Frankel, Jeffrey A. "To Understand the Tax Reform Bill, Use Good Old Math and History." Hill, December 10, 2017.
Houde, Sebastien, and Joseph E. Aldy. "The Efficiency Consequences of Heterogeneous Behavioral Responses to Energy Fiscal Policies." HKS Faculty Research Working Paper Series RWP17-047, December 2017.