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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

America’s False Imbalance Syndrome

Frankel, Jeffrey A. "America’s False Imbalance Syndrome." The Project Syndicate, June 2021.

What Three Economists Taught Us About Currency Regimes

Frankel, Jeffrey A. "What Three Economists Taught Us About Currency Regimes." The Project Syndicate, April 2021.

Biden Administration’s Sensible Stimulus

Frankel, Jeffrey A. "Biden Administration’s Sensible Stimulus." The Project Syndicate, March 2021.

David vs. Goliath Narrative in GameStop Story Has Serious Flaws

Frankel, Jeffrey A. "David vs. Goliath Narrative in GameStop Story Has Serious Flaws." The Guardian, February 2021.

Republicans Are Rediscovering the Dangers of Budget Deficits

Frankel, Jeffrey A. "Republicans Are Rediscovering the Dangers of Budget Deficits." The Guardian, January 2021.

Joe Biden Will Lead the US Back to International Cooperation

Frankel, Jeffrey A. "Joe Biden Will Lead the US Back to International Cooperation." The Guardian, December 2020.

Joe Biden Looks Like A Safe Pair of Hands For the US Economy

Frankel, Jeffrey A. "Joe Biden Looks Like A Safe Pair of Hands For the US Economy." The Guardian, October 2020.

The US is Officially in Recession Thanks to the Coronavirus Crisis

Frankel, Jeffrey A. "The US is Officially in Recession Thanks to the Coronavirus Crisis." The Guardian, June 16, 2020.

Six Tax-Based Ways to Tackle US Inequality

Frankel, Jeffrey A. "Six Tax-Based Ways to Tackle US Inequality." Project Syndicate, December 17, 2019.

The Case for Old-Fashioned Tariff Cuts

Frankel, Jeffrey A. "The Case for Old-Fashioned Tariff Cuts." Project Syndicate, November 27, 2019.

How a Weaponized Dollar Could Backfire

Frankel, Jeffrey A. "How a Weaponized Dollar Could Backfire." Project Syndicate, October 23, 2019.

The Currency Manipulation Game Is Afoot – but That’s Better Than a Trade War

Frankel, Jeffrey A. "The Currency Manipulation Game Is Afoot – but That’s Better Than a Trade War." The Globe and Mail, August 13, 2019.

Central Banks Should Forget About Achieving 2 Percent Inflation

Frankel, Jeffrey A. "Central Banks Should Forget About Achieving 2 Percent Inflation." The Globe and Mail, July 28, 2019.

The Us Economic Recovery Is Far From Being a World Record

Frankel, Jeffrey A. "The Us Economic Recovery Is Far From Being a World Record." The Guardian, June 14, 2019.

The Real Cost of Trump’s Tariffs

Frankel, Jeffrey A. "The Real Cost of Trump’s Tariffs." Project Syndicate, May 23, 2019.

Moore Problems for the Fed?

Frankel, Jeffrey A. "Moore Problems for the Fed?" Project Syndicate, April 27, 2019.

Should Bold Ideas Drown Out Old Ideas?

Frankel, Jeffrey A. "Should Bold Ideas Drown Out Old Ideas?" Project Syndicate, February 25, 2019.

George HW Bush Was Fiscally Responsible – Unlike Donald Trump

Frankel, Jeffrey A. "George HW Bush Was Fiscally Responsible – Unlike Donald Trump." The Guardian, December 11, 2018.

The New and Not Improved NAFTA

Frankel, Jeffrey A. "The New and Not Improved NAFTA." Project Syndicate, October 9, 2018.

US will Lack Fiscal Space to Respond when Next Recession Comes

Frankel, Jeffrey A. "US will Lack Fiscal Space to Respond when Next Recession Comes." The Guardian, August 28, 2018.

The Republicans' Protectionist Pedigree

Frankel, Jeffrey A. "The Republicans' Protectionist Pedigree." Project Syndicate, June 13, 2018.

An Economic Platform for US Democrats

Frankel, Jeffrey A. "An Economic Platform for US Democrats." Project Syndicate, May 24, 2018.

How to Cope with Volatile Commodity Export Prices: Four Proposals

Frankel, Jeffrey A. "How to Cope with Volatile Commodity Export Prices: Four Proposals." HKS Faculty Research Working Paper Series RWP17-033, August 2017.

Reckoning With Inequality

Frankel, Jeffrey A. "Reckoning With Inequality." Korea Herald, March 27, 2016.

Who is Right on U.S. Financial Reform? Sanders, Clinton, or the Republicans?

Frankel, Jeffrey A. "Who is Right on U.S. Financial Reform? Sanders, Clinton, or the Republicans?" Straits Times, February 24, 2016.

Congress Should Give TPP a Thumbs Up

Frankel, Jeffrey A. "Congress Should Give TPP a Thumbs Up." Boston Globe, November 11, 2015.

The Plaza Accord, 30 Years Later

Frankel, Jeffrey A. "The Plaza Accord, 30 Years Later." HKS Faculty Research Working Paper Series RWP15-056, September 2015.

Will Fed Tightening Choke Emerging Markets?

Frankel, Jeffrey A. "Will Fed Tightening Choke Emerging Markets?" Project Syndicate, March 23, 2015.

The End of Republican Obstruction

Frankel, Jeffrey A. "The End of Republican Obstruction." Project Syndicate, January 19, 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.

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.

Obamacare Champions Personal Responsibility. The States that Hate it Don't.

Frankel, Jeffrey A. "Obamacare Champions Personal Responsibility. The States that Hate it Don't." Christian Science Monitor, September 6, 2012.

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.

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.

Some Big Ideas from Small Countries

Frankel, Jeffrey A. "Some Big Ideas from Small Countries." European Financial Review. April 15, 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.

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.

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.

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." Workshop paper presented at Myths and Realities of Commodity Dependence: Policy Challenges and Opportunities for Latin America and the Caribbean, World Bank, September 17-18, 2009.

Possible Impacts of Global Climate Change Policy on Mexico and Other Developing Countries
in Coming Years

Frankel, Jeffrey A. Possible Impacts of Global Climate Change Policy on Mexico and Other Developing Countries in Coming Years. The Mexico Competitiveness Report. Ed. Ricardo Hausmann, Emilio Lozoya Austin, and Irene Mia. World Economic Forum, 2009, 49-56.