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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

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.

Chinese Currency Manipulation Not a Problem

Frankel, Jeffrey A. "Chinese Currency Manipulation Not a Problem." East Asia Forum, March 9, 2015.

Sovereign-Debt Relief And Its Aftermath: The 1930s, The 1990s, The Future?

Reinhart, Carmen and Christoph Trebesch. "Sovereign-Debt Relief And Its Aftermath: The 1930s, The 1990s, The Future?" Vox, October 21, 2014.

Venezuela's Economic Underperformance

Reinhart, Carmen, and Kenneth Rogoff. "Venezuela's Economic Underperformance." Project Syndicate, October 13, 2014.

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.

Reforming the Budget: Four Steps to Restore Fiscal Discipline

Bilmes, Linda J. "Reforming the Budget: Four Steps to Restore Fiscal Discipline." Brookings, February 5, 2014.

Investment In The Wake of Crises: Asia 15 Years Later

Reinhart, Carmen and Takeshi Tashiro. "Investment In The Wake of Crises: Asia 15 Years Later." Vox, December 17, 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.

Austerity Would Hurt U.S. Jobs and Growth

Summers, Lawrence H. "Austerity Would Hurt U.S. Jobs and Growth." Washington Post, June 2, 2013.

U.S. Exporters, Global Supply Networks, and Competitive Export-Import Bank Financing

Lawrence, Robert Z., and Matthew J. Slaughter. "U.S. Exporters, Global Supply Networks, and Competitive Export-Import Bank Financing." Report for Coalition for Employment Through Exports, Inc., June 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.

Europe's Hair-Trigger Economy

Summers, Lawrence H. "Europe's Hair-Trigger Economy." Reuters, March 18, 2013.

History Will Judge Bush on Iraq

Nye, Jr., Joseph S. "History Will Judge Bush on Iraq." China Daily, March 13, 2013.

Big-Project Binge Fueled Motor City’s Meltdown

Glaeser, Edward L. "Big-Project Binge Fueled Motor City’s Meltdown." Bloomberg, March 20, 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.

Active vs. Passive Decisions and
Crowd-out in Retirement
Savings Accounts: Evidence
from Denmark

Chetty, Raj, John N. Friedman, Soren Leth-Peterson, Torben Heien Nielsen, and Tore Olsen. "Active vs. Passive Decisions and Crowd-out in Retirement Savings Accounts: Evidence from Denmark." HKS Faculty Research Working Paper Series RWP13-002, January 2013.

America has Multiple Deficits

Summers, Lawrence H. "America has Multiple Deficits." Reuters, January 22, 2013.

Invest in Massachusetts, but Don’t Play Robin Hood

Glaeser, Edward L. "Invest in Massachusetts, but Don’t Play Robin Hood." Boston Globe, January 22, 2013.

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.

Japan's Economic Prospects

Porter, Roger B. "Japan's Economic Prospects." M-RCBG Faculty Working Paper 2012-15, November 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.

Why the UK Must Reverse its Economic Course

Summers, Lawrence H. "Why the UK Must Reverse its Economic Course." Reuters, September 17, 2012.

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.

Towns Have Too Much Power, But Not the Power They Need

Glaeser, Edward L. "Towns Have Too Much Power, But Not the Power They Need." Boston Globe, July 12, 2012.

Why Are House Republicans Going After Census Information?

Glaeser, Edward L. "Why Are House Republicans Going After Census Information?" Boston Globe, June 28, 2012.

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.

Europe Must Be Persuaded to Make a Permanent Fix

Summers, Lawrence H. "Europe Must Be Persuaded to Make a Permanent Fix." Reuters, June 18, 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.

Europe’s Growth Challenge

Summers, Lawrence H. "Europe’s Growth Challenge." Washington Post, April 29, 2012.

Laws of Economics Catching Up With China

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

US Budget Breakthrough After Nov.?

Kelman, Steven. "US Budget Breakthrough After Nov.?" Business Times, March 16, 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.

Mexico's Private Toll Road Program Reconsidered

Carpintero, Samuel, and Jose A. Gomez-Ibañez. "Mexico's Private Toll Road Program Reconsidered." Transport Policy 18.6 (November 2011): 848-855.

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 Blue State Bailout In Disguise

Peterson, Paul E. "A Blue State Bailout In Disguise." Wall Street Journal, September 16, 2011.

Payroll-Tax Cut Is the Working Part of Jobs Plan: Edward Glaeser

Glaeser, Edward L. "Payroll-Tax Cut Is the Working Part of Jobs Plan: Edward Glaeser." Bloomberg.com, September 12, 2011.

Tax Breaks Shouldn't be Sacrosanct

Glaeser, Edward L. "Tax Breaks Shouldn't be Sacrosanct." Boston Globe, 8/25/2011.

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.

The Crisis of 2008 and Financial Services Regulation

Porter, Roger B. "The Crisis of 2008 and Financial Services Regulation." New Directions in Financial Services Regulation. Ed. Roger B. Porter, Robert R. Glauber, and Thomas J. Healey. The MIT Press, 2011, 1-12.

Why it Worked: Critical Success Factors of a Financial Reform Project in Africa

Peterson, Stephen. "Why it Worked: Critical Success Factors of a Financial Reform Project in Africa." HKS Faculty Research Working Paper Series RWP11-019, March 2011.

Reforming Public Financial Management in Africa

Peterson, Stephen. "Reforming Public Financial Management in Africa." HKS Faculty Research Working Paper Series RWP10-048, December 2010.

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).