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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

Dynan, Karen, and Douglas Elmendorf. "National Fiscal Policies to Fight Recessions in US States." AEA Papers and Proceedings 110 (May 2020): 131-136.
Frankel, Jeffrey A. "Six Tax-Based Ways to Tackle US Inequality." Project Syndicate, December 17, 2019.
Olson, Stevie, Phil Berkaw, Lucien Charland, Elizabeth Patton, and Linda J. Bilmes. "The $64 Billion Massachusetts Vehicle Economy." HKS Faculty Research Working Paper Series RWP19-038, December 2019.
Dynan, Karen. "Measuring Household Wealth in the Panel Study of Income Dynamics: The Role of Retirement Assets." Federal Reserve Bank of Boston, September 2019.
Frankel, Jeffrey A. "Central Banks Should Forget About Achieving 2 Percent Inflation." The Globe and Mail, July 28, 2019.
Goldsmith, Stephen. "Participatory Budgeting: A Powerful Civic Education Tool." Governing. June 18, 2019.
Frankel, Jeffrey A. "Moore Problems for the Fed?" Project Syndicate, April 27, 2019.
Bilmes, Linda J., and W. Scott Gould. "The Ripple Effects of the U.S. Government Shutdown." Barron's. January 22, 2019.
Bilmes, Linda J. "To Avoid Government Shutdowns, Fix the Budget Process." Boston Globe. January 7, 2019.
Frankel, Jeffrey A. "George HW Bush Was Fiscally Responsible – Unlike Donald Trump." The Guardian, December 11, 2018.
Dynan, Karen. "The Unheard Nerds: How Economists Can Talk So Policymakers Will Listen." Foreign Affairs. November/December 2018.
Mayne, Quinton. "Cities on a Hill?" Boston Review. February 13, 2018.
Bilmes, Linda J. "Congress’ Budget Dysfunction Is More Than 4 Decades in the Making." The Conversation, February 9, 2018.
Bilmes, Linda J. "On Veteran's Day, let's honor the promises we've made to veterans." Boston Globe, November 9, 2017.
White, Laura, Jean-Louis Rochet, Pete Mathias, Kate O’Gorman, and Linda J. Bilmes. "Connecting the Northeast: A Cost Estimate for the North South Rail Link." HKS Faculty Research Working Paper Series RWP17-032, August 2017.
Bilmes, Linda J. "The Bill for America's Longest War Is Still Unpaid." Fiscal Times, May 27, 2017.
Bilmes, Linda J. "Trump's Proposed Defense Splurge Flunks Basic Math." Boston Globe, March 2, 2017.
Summers, Lawrence H. "Secular Stagnation and Monetary Policy." Review 98.2 (2nd Quarter 2016): 93-110.
Frankel, Jeffrey A. "Globalization and Chinese Growth: Ends of Trends?" HKS Faculty Research Working Paper Series RWP16-029, July 2016.
Frankel, Jeffrey A. "Reckoning With Inequality." Korea Herald, March 27, 2016.
Frankel, Jeffrey A. "China's Slowdown and the Chinese Stock Market." VoxEU, January 27, 2016.
Reinhart, Carmen M., and Christoph Trebesch. "The Pitfalls of External Dependence: Greece, 1829-2015." HKS Faculty Research Working Paper Series RWP15-065, October 2015.
Mankiw, N. Gregory, and Lawrence H. Summers. "Uniting Behind the Divisive ‘Cadillac’ Tax on Health Plans." New York Times. October 24, 2015.
Andrews, Matthew. "Has Sweden Injected Realism into Public Financial Management Reforms in Partner Countries?" HKS Faculty Research Working Paper Series RWP15-063, October 2015.
Frankel, Jeffrey A. "The Plaza Accord, 30 Years Later." HKS Faculty Research Working Paper Series RWP15-056, September 2015.
Frankel, Jeffrey A. "Misinterpreting Chinese Intervention in Financial Markets." China-US Focus, September 10, 2015.
Reinhart, Carmen. "The Antecedents and Aftermath of Financial Crises as Told by Carlos F. Díaz Alejandro." HKS Faculty Research Working Paper Series RWP15-035, July 2015.
Beshears, John, James J. Choi, Joshua Hurwitz, David Laibson, and Brigitte C. Madrian. "Liquidity in Retirement Savings Systems: An International Comparison." HKS Faculty Research Working Paper Series RWP15-024, May 2015.
Reinhart, Carmen, and Miguel Angel Santos. "From Financial Repression to External Distress: The Case of Venezuela." HKS Faculty Research Working Paper Series RWP15-018, April 2015.
Shoag, Daniel, and Stan Veuger. "Uncertainty and the Geography of the Great Recession." HKS Faculty Research Working Paper Series RWP15-014, March 2015.
Frankel, Jeffrey A. "The Euro Crisis: Where to From Here?" HKS Faculty Research Working Paper Series RWP15-015, March 2015.
Frankel, Jeffrey A. "Will Fed Tightening Choke Emerging Markets?" Project Syndicate, March 23, 2015.
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.
Frankel, Jeffrey A. "Chinese Currency Manipulation Not a Problem." East Asia Forum, March 9, 2015.
Reinhart, Carmen and Christoph Trebesch. "Sovereign-Debt Relief And Its Aftermath: The 1930s, The 1990s, The Future?" Vox, October 21, 2014.
Reinhart, Carmen, and Kenneth Rogoff. "Venezuela's Economic Underperformance." Project Syndicate, October 13, 2014.
Bilmes, Linda J. "Reforming the Budget: Four Steps to Restore Fiscal Discipline." Brookings, February 5, 2014.
Reinhart, Carmen and Takeshi Tashiro. "Investment In The Wake of Crises: Asia 15 Years Later." Vox, December 17, 2013.
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.
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.
Perkins, Dwight H. East Asian Development: Foundations and Strategies. Harvard University Press, 2013.
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.
Hausmann, Ricardo and Francisco R. Rodríguez, eds. Venezuela Before Chávez: Anatomy of an Economic Collapse. Penn State University Press, 2013.
Summers, Lawrence H. "Austerity Would Hurt U.S. Jobs and Growth." Washington Post, June 2, 2013.
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.
Frankel, Jeffrey A. "The Future of the Currency Union." HKS Faculty Research Working Paper Series RWP13-015, May 2013.
Summers, Lawrence H. "Europe's Hair-Trigger Economy." Reuters, March 18, 2013.
Glaeser, Edward L. "Big-Project Binge Fueled Motor City’s Meltdown." Bloomberg, March 20, 2013.
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.
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.