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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

Great Dilution: The Global Impact of the US Inflation Shock on Sovereign Debt

Nair, Gautam, and Federico Sturzenegger. "Great Dilution: The Global Impact of the US Inflation Shock on Sovereign Debt." HKS Faculty Research Working Paper Series RWP22-009, July 2022.

Crowding in Private Quality: The Equilibrium Effects of Public Spending in Education

Andrabi, Tahir, Natalie Bau, Jishnu Das, Naureen Karachiwalla, and Asim Ijaz Khwaja. "Crowding in Private Quality: The Equilibrium Effects of Public Spending in Education." HKS Faculty Research Working Paper Series RWP23-010, January 2023.

The Marginal Disutility from Corruption in Social Programs: Evidence from Program Administrators and Beneficiaries

Gaduh, Arya, Rema Hanna, and Benjamin A. Olken. "The Marginal Disutility from Corruption in Social Programs: Evidence from Program Administrators and Beneficiaries." HKS Faculty Research Working Paper Series RWP23-008, January 2023.

Success Factors in Tax Digitalization

Rosengard, Jay K. "Success Factors in Tax Digitalization." United Nations Better Than Cash Alliance, October 2020.

Making Moves Matter: Experimental Evidence on Incentivizing Bureaucrats through Performance-Based Transfers

Adnan Q. Khan, Asim Ijaz Khwaja, and Benjamin A. Olken. "Making Moves Matter: Experimental Evidence on Incentivizing Bureaucrats through Performance-Based Transfers." HKS Faculty Research Working Paper Series RWP17-006, November 2016.

Has Sweden Injected Realism into Public Financial Management Reforms in Partner Countries?

Andrews, Matthew. "Has Sweden Injected Realism into Public Financial Management Reforms in Partner Countries?" HKS Faculty Research Working Paper Series RWP15-063, October 2015.

The Euro Crisis: Where to From Here?

Frankel, Jeffrey A. "The Euro Crisis: Where to From Here?" HKS Faculty Research Working Paper Series RWP15-015, March 2015.

What Are the Headwaters of Formal Savings? Experimental Evidence from Sri Lanka

Callen, Michael, Suresh De Mel, Craig McIntosh, and Christopher Woodruff. "What Are the Headwaters of Formal Savings? Experimental Evidence from Sri Lanka." HKS Faculty Research Working Paper Series RWP15-011, March 2015.

Nominal GDP Targeting for Middle-Income Countries

Frankel, Jeffrey A. "Nominal GDP Targeting for Middle-Income Countries." HKS Faculty Research Working Paper Series RWP14-033, July 2014.

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

Frankel, Jeffrey A. "A Solution to Fiscal Procyclicality: The Structural Budget Institutions Pioneered by Chile." Fiscal Policy and Macroeconomic Performance: Volume 17. Ed. Luis Felipe Céspedes and Jordi Galí. Banco Central de Chile, 2013.

A Lesson From the South for Fiscal Policy in the US and Other Advanced Countries

Frankel, Jeffrey A. "A Lesson From the South for Fiscal Policy in the US and Other Advanced Countries." Learning from the World: New Ideas to Redevelop America. Ed. Joe Colombano and Aniket Shah. Palgrave Macmillan, 2013, 26-50.

East Asian Development: Foundations and Strategies

Perkins, Dwight H. East Asian Development: Foundations and Strategies. Harvard University Press, 2013.

Debt Levels, Debt Composition, and Sovereign Spreads in Emerging and Advanced Economies

Dell’Erba, Salvatore, Ricardo Hausmann, and Ugo Panizza. "Debt Levels, Debt Composition, and Sovereign Spreads in Emerging and Advanced Economies." HKS Faculty Research Working Paper Series RWP13-028, September 2013.

Venezuela Before Chávez: Anatomy of an Economic Collapse

Hausmann, Ricardo and Francisco R. Rodríguez, eds. Venezuela Before Chávez: Anatomy of an Economic Collapse. Penn State University Press, 2013.

The Future of the Currency Union

Frankel, Jeffrey A. "The Future of the Currency Union." HKS Faculty Research Working Paper Series RWP13-015, May 2013.

What Type of Crisis for India

Ashoka Mody, and Michael Walton. "What Type of Crisis for India." Business Standard, May 6, 2013.

Over-optimistic Official Forecasts and Fiscal Rules in the Eurozone

Frankel, Jeffrey A., and Jesse Schreger. "Over-optimistic Official Forecasts and Fiscal Rules in the Eurozone." Review of World Economics 149.2 (2013): 247-272.

Will Europe’s Fiscal Compact Work?

Frankel, Jeffrey A. "Will Europe’s Fiscal Compact Work?" Project Syndicate, January 18, 2013.

Cuban Time Travel

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

The Natural Resource Curse: A Survey of Diagnoses and Some Prescriptions

Frankel, Jeffrey A. "The Natural Resource Curse: A Survey of Diagnoses and Some Prescriptions." Commodity Price Volatility and Inclusive Growth in Low-Income Countries. Ed. Rabah Arezki, Catherine A Pattillo, Marc Quintyn, and Min Zhu. International Monetary Fund, October 2012.

Internationalization of the RMB and Historical Precedents

Frankel, Jeffrey A. "Internationalization of the RMB and Historical Precedents." Journal of Economic Integration 27.3 (September 2012): 329-365.

Over-Optimistic Official Forecasts in the Eurozone and Fiscal Rules

Frankel, Jeffrey A., and Jesse Schreger. "Over-Optimistic Official Forecasts in the Eurozone and Fiscal Rules." HKS Faculty Research Working Paper Series RWP12-041, September 2012.

Rapid Growth and Changing Economic Structure: The Expenditure Side Story and its Implications for China

Perkins, Dwight H. "Rapid Growth and Changing Economic Structure: The Expenditure Side Story and its Implications for China." China Economic Review 3 (September 2012): 501-511.

Could Eurobonds Be the Answer to the Eurozone Crisis?

Frankel, Jeffrey A. "Could Eurobonds Be the Answer to the Eurozone Crisis?" Voxeu.org, June 27, 2012.

Analysis: Spectre of Second Eurozone Depression Too Close for Comfort

Rodrik, Dani. "Analysis: Spectre of Second Eurozone Depression Too Close for Comfort." Scotsman.com, June 14, 2012.

Laws of Economics Catching Up With China

Frankel, Jeffrey A. "Laws of Economics Catching Up With China." The Age, March 27, 2012.

If the Banks are Doing so Well, Why Can't I Get a Loan? Regulatory Constraints to Financial Inclusion in Indonesia

Prasetyantoko, A and Jay K. Rosengard. "If the Banks are Doing so Well, Why Can't I Get a Loan? Regulatory Constraints to Financial Inclusion in Indonesia." Asian Economic Policy Review 6.2 (December 2011): 273-296.

Let European Technocrats Weave Their Magic

Frankel, Jeffrey A. "Let European Technocrats Weave Their Magic." Sydney Morning Herald, November 29, 2011.

The Curse: Why Natural Resources Are Not Always a Good Thing

Frankel, Jeffrey A. "The Curse: Why Natural Resources Are Not Always a Good Thing." The Milken Institute Review. October 2011, 28-39.

The Rise of the Renminbi as International Currency: Historical Precedents

Frankel, Jeffrey A. "The Rise of the Renminbi as International Currency: Historical Precedents." VoxEU, October 10, 2011.

Internationalization of the Renminbi: What Does History Tell us About the Precedents?

Frankel, Jeffrey A. "Internationalization of the Renminbi: What Does History Tell us About the Precedents?" Research Institute of Economy, Trade and Industry (RIETI), October 5, 2011.

A Lesson from the South for Fiscal Policy in the US and Other Advanced Countries

Frankel, Jeffrey A. "A Lesson from the South for Fiscal Policy in the US and Other Advanced Countries." Comparative Economic Studies 53.3 (September 2011): 407-430.

A Comparison of Product Price Targeting and Other Monetary Anchor Options for Commodity Exporters in Latin America

Frankel, Jeffrey A. "A Comparison of Product Price Targeting and Other Monetary Anchor Options for Commodity Exporters in Latin America." Economia 12.1 (Fall 2011).

A Comparison of Product Price Targeting and Other Monetary Anchor Options, for Commodity Exporters in Latin America

Frankel, Jeffrey A. "A Comparison of Product Price Targeting and Other Monetary Anchor Options, for Commodity Exporters in Latin America." HKS Faculty Research Working Paper Series RWP11-027, July 2011.

The ECB’s Three Mistakes in the Greek Crisis and How to Get Sovereign Debt Right in the Future

Frankel, Jeffrey A. "The ECB’s Three Mistakes in the Greek Crisis and How to Get Sovereign Debt Right in the Future." VoxEU, May 16, 2011.

Bank Credit And Business
Networks

Khwaja, Asim Ijaz, Atif Mian, and Abid Qamar. "Bank Credit And Business Networks." HKS Faculty Research Working Paper Series RWP11-017, March 2011.

A Lesson From the South for Fiscal Policy in the US and Other Advanced Countries

Frankel, Jeffrey A. "A Lesson From the South for Fiscal Policy in the US and Other Advanced Countries." HKS Faculty Research Working Paper Series RWP11-014, February 2011.

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.

Evaluation of Jamaica's PATH Conditional Cash Transfer Programme

Levy, Dan, and Jim Ohls. "Evaluation of Jamaica's PATH Conditional Cash Transfer Programme." Journal of Development Effectiveness 2.4 (December 2010): 421-441.

Rapid Growth and Changing Economic Structure: The Expenditure Side Story and Its Implications for China

Perkins, Dwight H. "Rapid Growth and Changing Economic Structure: The Expenditure Side Story and Its Implications for China." China Economic Review (October 2010).

Strong Yuan: Good for Poor Nations?

Rodrik, Dani. "Strong Yuan: Good for Poor Nations?" Taipei Times, September 14, 2010.

Is Chinese Mercantilism Good or Bad for Poor Countries?

Rodrik, Dani. "Is Chinese Mercantilism Good or Bad for Poor Countries?" Project Syndicate, August 9. 2010.

A Comparison of Monetary Anchor Options, Including Product Price Targeting, for Commodity-Exporters in Latin America

Frankel, Jeffrey A. "A Comparison of Monetary Anchor Options, Including Product Price Targeting, for Commodity-Exporters in Latin America." NBER Working Papers 16362, September 2010.

Who Lost Europe

Rodrik, Dani. "Who Lost Europe." Korea Times, June 14, 2010.

A Comparison of Monetary Anchor Options for Commodity-Exporters in Latin America and the Caribbean

Frankel, Jeffrey A. "A Comparison of Monetary Anchor Options for Commodity-Exporters in Latin America and the Caribbean." Natural Resources in Latin America and the Caribbean: Beyond Booms and Busts? Ed. Emily Sinnott, John Nash, and Augusto de la Torre. World Bank, 2010.

Greek Lessons for the World Economy

Rodrik, Dani. "Greek Lessons for the World Economy." Guatemala Times, May 11, 2010.

Making Room for China in the World Economy

Rodrik, Dani. "Making Room for China in the World Economy." American Economic Review 100.2 (May 2010): 89-93.

The Remnibi Since 2005

Frankel, Jeffrey A. "The Remnibi Since 2005." The US-Sino Currency Dispute: New Insights from Economics, Politics, and Law. Ed. Simon J. Evenett. Centre for Economic Policy Research, 2010, 51-60.

Comment on ‘China’s Current Account and Exchange Rate,’ by Yin-Wong Cheung, Menzie Chinn and Eiji Fuji

Frankel, Jeffrey A. "Comment on ‘China’s Current Account and Exchange Rate,’ by Yin-Wong Cheung, Menzie Chinn and Eiji Fuji." China’s Growing Role in World Trade. Ed. Robert C. Feenstra and Shang-Jin Wei. University of Chicago Press, 2010, 271-277.