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

Investment versus Output Subsidies: Implications of Alternative Incentives for Wind Energy

Aldy, Joseph, Todd D. Gerarden, and Richard L. Sweeney. "Investment versus Output Subsidies: Implications of Alternative Incentives for Wind Energy." Journal of the Association of Environmental and Resource Economists 10.4 (July 2023): 981-1018.

Behind schedule: The corporate effort to fulfill climate obligations

Aldy, Joseph, Patrick Bolton, Marcin Kacperczyk, and Zachery M. Halem. "Behind schedule: The corporate effort to fulfill climate obligations." Journal of Applied Corporate Finance 35.2 (Spring 2023): 26-34.

Localizing Environmental Regulation: The Case of Boutique Fuels

Aldy, Joseph E., and Maximilian Auffhammer. "Localizing Environmental Regulation: The Case of Boutique Fuels." Resources for the Future, May 2023.

Show and Tell: An Analysis of Corporate Climate Messaging and its Financial Impacts

Aldy, Joseph, Patrick Bolton, Zachery Halem, Marcin T. Kacperczyk, and Peter R. Orszag. "Show and Tell: An Analysis of Corporate Climate Messaging and its Financial Impacts." April 22, 2023.

How Is the US Pricing Carbon? How Could We Price Carbon?

Aldy, Joseph E., Dallas Burtraw, Carolyn Fischer, Meredith Fowlie, Roberton C. Williams III & Maureen L. Cropper. "How Is the US Pricing Carbon? How Could We Price Carbon?" HKS Faculty Research Working Paper Series RWP22-018, October 2022.

Learning How to Build Back Better through Clean Energy Policy Evaluation

Aldy, Joseph. "Learning How to Build Back Better through Clean Energy Policy Evaluation." HKS Faculty Research Working Paper Series RWP22-010, August 2022.

How much could article 6 enhance nationally determined contribution ambition toward paris agreement goals through economic efficiency?

Edmonds, James, Sha Yu, Haewon Mcjeon, Dirk Forrister, Joseph Aldy, Nathan Hultman, Ryna Cui, Stephanie Waldhoff, Leon Clarke, Stefano de Clara, and Clayton Munnings. "How much could article 6 enhance nationally determined contribution ambition toward paris agreement goals through economic efficiency?" Climate Change Economics 12.2 (2021).

National Climate Policies and Corporate Internal Carbon Pricing

Bento, Nuno, Gianfranco Gianfrate, and Joseph E. Aldy. "National Climate Policies and Corporate Internal Carbon Pricing." The Energy Journal 42.5 (2021).

Testimony on the Elimination of Fossil Fuel Subsidies to the US Subcommittee on the Environment

Aldy, Joseph. "Testimony on the Elimination of Fossil Fuel Subsidies to the US Subcommittee on the Environment." US House Oversight Committee, April 22, 2021.

Rolling the Dice in the Corridors of Power: William Nordhaus’s Impacts on Climate Change Policy

Aldy, Joseph, and Robert N. Stavins. "Rolling the Dice in the Corridors of Power: William Nordhaus’s Impacts on Climate Change Policy." HKS Faculty Research Working Paper Series RWP20-022, July 2020.

Deep Flaws in a Mercury Regulatory Analysis

Aldy, Joseph, Matthew Kotchen, Mary Evans, Meredith Fowlie, Arik Levinson, and Karen Palmer. "Deep Flaws in a Mercury Regulatory Analysis." Science 368.6488 (April 2020): 247-248.

Evaluating Regulatory Performance: Learning from and Institutionalizing Retrospective Analysis of EPA Regulations

Aldy, Joseph. "Evaluating Regulatory Performance: Learning from and Institutionalizing Retrospective Analysis of EPA Regulations." Case Western Reserve Law Review 70.4 (2020): 971-1006.

Carbon Tax Review and Updating: Institutionalizing an Act-Learn-Act Approach to U.S. Climate Policy

Aldy, Joseph. "Carbon Tax Review and Updating: Institutionalizing an Act-Learn-Act Approach to U.S. Climate Policy." Review of Environmental Economics and Policy 14.1 (Winter 2020).

Investment versus Output Subsidies: Implications of Alternative Incentives for Wind Energy

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.

The Efficiency Consequences of Heterogeneous Behavioral Responses to Energy Fiscal Policies

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.

The Competitiveness Impacts of Climate Change Mitigation Policies

Aldy, Joseph, and William Pizer. "The Competitiveness Impacts of Climate Change Mitigation Policies." HKS Faculty Research Working Paper Series RWP11-047, December 2011.

Real-Time Economic Analysis and Policy Development During the BP Deepwater Horizon Oil Spill

Aldy, Joseph. "Real-Time Economic Analysis and Policy Development During the BP Deepwater Horizon Oil Spill." Vanderbilt Law Review 64.6 (November 2011): 1795-1817.