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Harvard Kennedy School faculty disseminate their research in working papers and publications 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 Papers and Publications

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.
Frankel, Jeffrey A., and George Saravelos. "Are Leading Indicators of Financial Crises Useful for Assessing Country Vulnerability? Evidence from the 2008-09 Global Crisis." NBER Working Papers 16047, June 2010.
Frankel, Jeffrey A., and Daniel Xie. "Estimation of De Facto Flexibility Parameter and Basket Weights in Evolving Exchange Rate Regimes." NBER Working Papers 15620, December 2009.
Frankel, Jeffrey A. "The Natural Resource Curse." Conference paper presented at Export Perils, Azerbaijan Diplomatic Academy, Azerbaijan, December 2009.
Frankel, Jeffrey A. "Are Bilateral Remittances Countercyclical?" Conference paper presented at Immigration and Global Development: Research Lessons on How Immigration and Remittances Affect Prosperity Around the World, the Harvard Center for International Development and the Center for Global Development, Washington DC, October 2009
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.
Frankel, Jeffrey A. "Global Environment and Trade Policy." Belfer Center for Science and International Affairs Discussion Paper #09-01, September 2009.
Bosetti Valentina, and Jeffrey A. Frankel. "Global Climate Policy Architecture and Political Feasibility: Specific Formulas and Emission Targets to Attain 460 PPM CO2 Concentrations." The Harvard Project on International Climate Agreements Discussion Paper Series Discussion Paper 09-30 and NBER Working Papers 15516, November 2009.
Frankel, Jeffrey A. "Addressing the Leakage/Competitiveness Issue In Climate Change Policy Proposals." WCFIA Working Paper 4792, April 2009.
Frankel, Jeffrey A. "An Elaborated Global Climate Policy Architecture: Specific Formulas and Emission Targets for All Countries in All Decades." NBER Working Papers 14876, April 2009.
Frankel, Jeffrey A. "Environmental Effects of International Trade." Report for the Swedish Globalisation Council, Government of Sweden, January 20, 2009.
Frankel, Jeffrey A. "An Elaborated Proposal for Global Climate Policy Architecture: Specific Formulas and Emission Targets for All Countries in All Decades." Harvard Project on International Climate Agreements Discussion Paper 08-08, October 2008.
Frankel, Jeffrey A. "Options for Addressing the Leakage/Competitiveness Issue In Climate Change Policy Proposals." Paper for Conference on Climate Change, Trade and Investment: Is a Collusion Inevitable? Brookings Institution, Washington, D, June 9 2008.
Frankel, Jeffrey A. “Nine Reasons We Are Given Not to Worry About the U.S. Deficits." Workshop on Global Trends and Challenges, Yale University Commission on Growth and Development, September 2007.
Frankel, Jeffrey A., and Shang-Jin Wei. "Assessing China's Exchange Rate Regime." CEPR Discussion Papers and NBER Working Papers (DP 6264 and w13100), May 2007.
Frankel, Jeffrey A. "The Effect of Monetary Policy on Real Commodity Prices." NBER Working Paper 12713, December 2006.
Frankel, Jeffrey A. "What Do Economists Mean by Globalization? Implications for Inflation and Monetary Policy." Academic Consultants Meeting, Board of Governors of the Federal Reserve System, Sept 28, 2006.
Frankel, Jeffrey A., Ben Smit, and Federico Sturzenegger. "Macroeconomic Challenges after a Decade for Success." Center for International Development Working Paper Series (CID-133), September 2006.
Frankel, Jeffrey A., and Jumana Poonawala. "The Forward Market in Emerging Currencies: Less Biased Than in Major Currencies." NBER Working Paper Series 12496, August 2006.
Frankel, Jeffrey A. "On the Renminbi: The Choice between Adjustment under a Fixed Exchange Rate and Adjustment under a Flexible Rate." NBER Working Paper 11274, April 2005.
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.
Chinn, Menzie, and Jeffrey A. Frankel. "The Euro Area and World Interest Rates." Santa Cruz Center for International Economics Paper 03-17, November 2003.
Frankel, Jeffrey A. "Promoting Better National Institutions: The Role of the IMF." IMF Staff Papers 50, 2003.
Frankel, Jeffrey A. "The UK Decision re EMU: Implications of Currency Blocs for Trade and Business Cycle Correlations." H.M. Treasury, 2003.
Frankel, Jeffrey A., David Begg, et al. "The Consequences of Saying No." Commission on the UK Outside the Euro, 2003.
Frankel, Jeffrey A., and Andrew K. Rose. “Is Trade Good or Bad for the Environment? Sorting Out the Causality” NBER Working Paper W9201, September 2002.
Frankel, Jeffrey A. "Should Gold-Exporters Peg Their Currencies to Gold?” World Gold Council Research Study No. 29, 2002.
Frankel, Jeffrey A., Sergio Schmukler, and Luis Servén. “Global Transmission of Interest Rates: Monetary Independence and the Currency Regime.” NBER Working Paper W8828, 2002.
Frankel, Jeffrey A. "The Role of Industrial Country Policies in Emerging Market Crises." NBER Working Paper W8634, December 2001.
Frankel, Jeffrey A., and Andrew Rose. "An Estimate of the Effect of Currency Unions on Trade and Output." Centre for Economic Policy Research Working Paper 2631, 2001.
Frankel, Jeffrey A., and Andrew Rose. "An Estimate of the Effect of Currency Unions on Trade and Output." NBER Working Paper W7857, August 2000.