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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 Long-Run Volatility Puzzle of the Real Exchange Rate.

Ricardo Hausmann, Ugo Panizza, and Roberto Rigobon. "The Long-Run Volatility Puzzle of the Real Exchange Rate." NBER Working Paper # 10751, September 2004.

The Challenge of Fiscal Adjustment in a Democracy: The Case of India.

Hausmann, Ricardo, and Catriona Purfield. "The Challenge of Fiscal Adjustment in a Democracy: The Case of India." International Monetary Fund Working Paper WP/04/168, September 2004.

Designing a Regime of Emission Commitments for Developing Countries That Is Cost-Effective and Equitable.

Aldy, Joseph E., and Jeffrey A. Frankel. “Designing a Regime of Emission Commitments for Developing Countries That Is Cost-Effective and Equitable." G20 Leaders and Global Climate Change Report, Council of Foreign Relations, 2004.

Culture and Public Action

Rao, Vijayendra, and Michael Walton, eds. Culture and Public Action. Stanford University Press, 2004.

Inequality in Latin America: Breaking With History?

De Ferranti, David, Guillermo E. Perry, Francisco H.G. Ferreira, and Michael Walton, eds. Inequality in Latin America: Breaking With History? World Bank Publications, 2004.

Experience of and Lessons from Exchange Rate Regimes in Emerging Economies.

Frankel, Jeffrey A. "Experience of and Lessons from Exchange Rate Regimes in Emerging Economies." Monetary and Financial Integration in Asia: The Way Ahead (Vol. 2). Ed. Asian Development Bank. Palgrave Macmillan, 2004, 91-138.

Despite the Odds: The Contentious Politics of Education Reform

Grindle, Merilee. Despite the Odds: The Contentious Politics of Education Reform. Princeton University Press, 2004.

Interests, Institutions, and Reformers: The Politics of Education Decentralization in Mexico.

Grindle, Merilee S. "Interests, Institutions, and Reformers: The Politics of Education Decentralization in Mexico." Crucial Needs, Weak Incentives: Social Sector Reform, Democratization, and Globalization in Latin America. Ed. Robert Kaufman and Joan M. Nelson. Johns Hopkins University Press, 2004.

Is Increasing Community Participation Always a Good Thing?

Khwaja, Asim Ijaz. "Is Increasing Community Participation Always a Good Thing?" Journal of the European Economic Association 2.2-3 (Apr-May 2004): 427-436.

Has Globalization Gone Far Enough? The Costs of Fragmentation in OECD Markets

Bradford, Scott, and Robert Z. Lawrence. Has Globalization Gone Far Enough? The Costs of Fragmentation in OECD Markets. Institute for International Economics, 2004.

What Happened to the Great American Job Machine? The Role of Trade and Electronic Outsourcing.

Baily, Martin Neil, and Robert Z. Lawrence. "What Happened to the Great American Job Machine? The Role of Trade and Electronic Outsourcing." Brookings Papers on Economic Activity. Ed. William C. Brainard and George L. Perry. Brookings Institution, 2004.

The Impact of Trade on U.S. Job Loss 2000-2003.

Baily, Martin Neil, and Robert Z. Lawrence. "The Impact of Trade on U.S. Job Loss 2000-2003." Dollar Adjustment: How Far? Against What? Ed. C. Fred Bergsten and John Williamson. Institute for International Economics, 2004.

America’s Sorry Trade Performance.

Lawrence, Robert Z., and Nathaniel Stankard. "America’s Sorry Trade Performance." International Economy Magazine Winter 2004: 36-39.

Brookings Trade Forum: 2003

Collins, Susan M., and Dani Rodrik, eds. Brookings Trade Forum: 2003. Brookings Institution, 2004.

Mainstreaming Informal Employment and Gender in Poverty Reduction: A Handbook for Policy Makers and Other Stakeholders

Chen, Martha, Joann Vanek, and Marilyn Carr. Mainstreaming Informal Employment and Gender in Poverty Reduction: A Handbook for Policy Makers and Other Stakeholders. Commonwealth Secretariat, 2004.

“Globalisation, Social Exclusion, and Work: With Special Reference to Informal Employment and Gender.”

Chen, Martha, and Marilyn Carr. “Globalisation, Social Exclusion, and Work: With Special Reference to Informal Employment and Gender.” International Labour Review 143.1-2 (2004).

Review of Land Claims in East Timor

Rosengard, Jay K. Review of Land Claims in East Timor, by Daniel Fitzpatrick. Asian-Pacific Economic Literature, 18.1 May 2004: 68-69.

Integrating the Americas: FTAA and Beyond

Estevadeordal, Antoni, Dani Rodrik, Alan M. Taylor, and Andrés Velasco, eds. Integrating the Americas: FTAA and Beyond. Harvard University Press, 2004.

Measuring Social Capital: An Integrated Questionnaire.

Grootaert, Christiaan, Deepa Narayan, Veronica Nyhan Jones, and Michael Woolcock. "Measuring Social Capital: An Integrated Questionnaire." World Bank Working Paper Series No. 18, January 2004.

Getting the Social Relations Right: Toward an Integrated Theology and Theory of Development.

Woolcock, Michael. "Getting the Social Relations Right: Toward an Integrated Theology and Theory of Development." Globalisation and the Good. Ed. Peter Heslam. Eerdmans Publishing, 2004, 41-51.

Empowerment at the Local Level: Issues, Responses, Assessments.

Woolcock, Michael. "Empowerment at the Local Level: Issues, Responses, Assessments." Power, Rights and Poverty: Concepts and Connections. Ed. Ruth Alsop. World Bank, 2004, 111-117.

Good Credit Ratios, Bad Credit Ratings: The Role of Debt Structure.

Hausmann, Ricardo. "Good Credit Ratios, Bad Credit Ratings: The Role of Debt Structure." Rules-Based Fiscal Policy in Emerging Markets: Background, Analysis and Prospects. Ed. George Kopits. Palgrave Macmillan, 2004.

Bush's Jobless Economic Recovery: Workers Pay Price for Productivity.

Frankel, Jeffrey A. "Bush's Jobless Economic Recovery: Workers Pay Price for Productivity." Forward, December 19, 2003.

On the Determinants of Original Sin: An Empirical Investigation.

Hausmann, Ricardo. "On the Determinants of Original Sin: An Empirical Investigation." Journal of International Money and Finance 22.7 (December 2003): 957-990.

Economic Development as Self Discovery.

Hausmann, Ricardo, and Dani Rodrik. "Economic Development as Self Discovery." The Journal of Development Economics 72.2 (December 2003): 603-633.

Kin Groups and Reciprocity: A Model of Credit Transactions in Ghana

La Ferrara, Eliana. "Kin Groups and Reciprocity: A Model of Credit Transactions in Ghana." American Economic Review 93.5 (December 2003): 1730-1751.

The Euro Area and World Interest Rates.

Chinn, Menzie, and Jeffrey A. Frankel. "The Euro Area and World Interest Rates." Santa Cruz Center for International Economics Paper 03-17, November 2003.

Currency Mismatches, Debt Intolerance and Original Sin: Why They Are Not the Same and Why It Matters.

Eichengreen, Barry, Ricardo Hausmann, and Ugo Panizza. "Currency Mismatches, Debt Intolerance and Original Sin: Why They Are Not the Same and Why It Matters." NBER Working Paper # 10036, October 2003.

Is Trade Good or Bad for the Environment? Sorting Out the Causality.

Frankel, Jeffrey A., and Andrew K. Rose. "Is Trade Good or Bad for the Environment? Sorting Out the Causality." KSG Faculty Research Working Papers Series RWP03-038, September 2003.

Discovering El Salvador's Production Potential.

Rodrik, Dani, and Ricardo Hausmann. "Discovering El Salvador's Production Potential." Working Paper, September 2003.

Improving Access to Financial Services for Low-Income Households and Microenterprises in Indonesia.

Patten, Richard, Jay K. Rosengard, Don Johnston, and Widjojo Kusomo. "Improving Access to Financial Services for Low-Income Households and Microenterprises in Indonesia." Deutsche Gesellschaft für Technische Zusammenarbeit (GTZ) GmbH, Jakarta, Conference Paper, August 2003.

Safety Nets or Safety Ropes? Dynamic Benefit Incidence of Two Crisis Programs in Indonesia.

Sumarto, Sudarno, Asep Suryahadi, and Lant Pritchett. "Safety Nets or Safety Ropes? Dynamic Benefit Incidence of Two Crisis Programs in Indonesia." World Development 31.7 (July 2003).

Bush's Tax-Cut Policy is a Bad Investment.

Frankel, Jeffrey A. "Bush's Tax-Cut Policy is a Bad Investment." Forward, June 27, 2003.

A Crude Peg for the Iraqi Dinar.

Frankel, Jeffrey A. "A Crude Peg for the Iraqi Dinar." Financial Times, June 13, 2003.

The Primacy of Institutions (and What This Does and Does Not Mean).

Rodrik, Dani, and Arvind Subramanian. "The Primacy of Institutions (and What This Does and Does Not Mean)." Finance & Development June 2003.

Advice to a Fledgling Economic Advisor.

Frankel, Jeffrey A. "Advice to a Fledgling Economic Advisor." Financial Times, March 31, 2003.

Trading Places: How to Tell the Republicans from the Democrats.

Frankel, Jeffrey A. "Trading Places: How to Tell the Republicans from the Democrats." Milken Institute Review March 2003: 18-25.

Experience of and Lessons from Exchange Rate Regimes in Emerging Economies.

Frankel, Jeffrey A. "Experience of and Lessons from Exchange Rate Regimes in Emerging Economies." KSG Faculty Research Working Papers Series RWP03-011, February 2003.

National Institutions and the Role of the IMF

Frankel, Jeffrey A. "National Institutions and the Role of the IMF." KSG Faculty Research Working Papers Series RWP03-010, February 2003.

Bush Had the Right to Impose Steel Tariffs.

Lawrence, Robert Z. "Bush Had the Right to Impose Steel Tariffs." Financial Times, January 28, 2003.

Chávez Must Yield to Election Calls.

Hausmann, Ricardo. "Chávez Must Yield to Election Calls." Financial Times, January 7, 2003.

Brookings Trade Forum: 2002

Collins, Susan M., and Dani Rodrik, eds. Brookings Trade Forum: 2002. Brookings Institution, 2003.

Managing Currency Crises in Emerging Markets

Dooley, Michael P., and Jeffrey A. Frankel, eds. Managing Currency Crises in Emerging Markets. University of Chicago Press, 2003.

Proclaiming Revolution: Bolivia in Comparative Perspective

Grindle, Merilee S., and Pilar Domingo, eds. Proclaiming Revolution: Bolivia in Comparative Perspective. Institute of Latin American Studies, 2003.

In Search of Prosperity: Analytic Narratives on Economic Growth

Rodrik, Dani, ed. In Search of Prosperity: Analytic Narratives on Economic Growth. Princeton University Press, 2003.

A Proposed Monetary Regime for Small Commodity-Exporters: Peg the Export Price ('PEP').

Frankel, Jeffrey A. "A Proposed Monetary Regime for Small Commodity-Exporters: Peg the Export Price ('PEP')." KSG Faculty Research Working Papers Series RWP03-003, January 2003.

Mexico.

Grindle, Merilee S. "Mexico." Introduction to Comparative Politics (3rd edition). Ed. Mark Kesselman, Joel Krieger and WIlliam A. Joseph. Houghton Mifflin, 2003, 463-512.

1952 and All That: The Bolivian Revolution in Comparative Perspective.

Grindle, Merilee S. "1952 and All That: The Bolivian Revolution in Comparative Perspective." Proclaiming Revolution: Bolivia in Comparative Perspective. Ed. Merilee S. Grindle and Pilar Domingo. Harvard University Press, 2003.

Shadowing the Past? Policy Reform in Bolivia, 1985-2002.

Grindle, Merilee S. "Shadowing the Past? Policy Reform in Bolivia, 1985-2002." Proclaiming Revolution: Bolivia in Comparative Perspective. Ed. Merilee S. Grindle and Pilar Domingo. Harvard University Press, 2003.

Introduction: What Do We Learn from the Country Narratives?

Rodrik, Dani. "Introduction: What Do We Learn from the Country Narratives?" In Search of Prosperity: Analytic Narratives on Economic Growth. Ed. Dani Rodrik. Princeton University Press, 2003.