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

Linda Bilmes and John B. Loomis, eds. Valuing US National Parks and Programs: America’s Best Investment Routledge, 2019.
Nelson, Jonathan K., and Richard Zeckhauser. "Risky Business: Commissioning Portraits in Renaissance Italy." HKS Faculty Research Working Paper Series RWP19-024, July 2019.
Kotowski, Maciej. "First-Price Auctions with Budget Constraints." HKS Faculty Research Working Paper Series RWP19-021, June 2019.
Lindgreen, Adam, Nicole Koenig-Lewis, Martin Kitchener, John D. Brewer, Mark H. Moore, and Timo Meynhardt, eds. Public Value: Deepening, Enriching, and Broadening the Theory and Practice. CRC Press, 2019.
Kotowski, Maciej. "A Perfectly Robust Approach to Multiperiod Matching Problems." HKS Faculty Research Working Paper Series RWP19-016, May 2019 (Updated August 2019).
Aldy, Joseph. "Birds of a Feather: Estimating the Value of Statistical Life from Dual-Earner Families." HKS Faculty Research Working Paper Series RWP19-013, April 2019.
Palmer, Maxwell, and Benjamin Schneer. "Postpolitical Careers: How Politicians Capitalize on Public Office." Journal of Politics 81.2 (April 2019): 670-675.
Donovan, Joan. "How Hate Groups’ Secret Sound System Works." The Atlantic. March 17, 2019.
Rosenbach, Eric. "Eric Rosenbach on China: Challenges for U.S. Commerce." Testimony before the United States Senate Committee on Commerce, Science and Transportation, March 7, 2019.
Ruggie, John Gerard, Emily K. Middleton. "Money, Millennials and Human Rights: Sustaining ‘Sustainable Investing’." Global Policy 10.1 (February 2019): 144-150.
Frankel, Jeffrey A. "Should the Fed Be Constrained?" HKS Faculty Research Working Paper Series RWP19-003, December 2018.
Scherer, F.M. "Managerial Control and Executive Compensation." HKS Faculty Research Working Paper Series RWP19-002, January 2019.
Li, Jing, and James H. Stock. "Cost Pass-Through to Higher Ethanol Blends at the Pump: Evidence from Minnesota Gas Station Data." Journal of Environmental Economics and Management 93 (January 2019): 1-19.
Jara-Figueroa, C., Bogang Jun, Edward L. Glaeser, and Cesar A. Hidalgo. "The Role of Industry-Specific, Occupation-Specific, and Location-Specific Knowledge in the Growth and Survival of New Firms." Proceedings of the National Academy of Sciences of the United States of America 115.50 (December 2018): 12646-12653.
Reinhart, Carmen, and Vincent Reinhart. "The Crisis Next Time: What We Should Have Learned from 2008." Foreign Affairs 97.6 (November/December 2018): 84-97.
Irwin, Scott H., Kristen McCormack, and James H. Stock. "The Price of Biodiesel RINs and Economic Fundamentals." HKS Faculty Research Working Paper Series, December 2018.
Ramelli, Stefano, Alexander F. Wagner, Richard J. Zeckhauser, and Alexandre Ziegler. "Stock Price Rewards to Climate Saints and Sinners: Evidence from the Trump Election." HKS Faculty Research Working Paper Series RWP18-037, September 2018.
Kadam, Sangram V., and Maciej H. Kotowski. "Multiperiod Matching." International Economic Review 59.4 (November 2018): 1927-1947.
Kadam, Sangram V., and Maciej H. Kotowski. "Time Horizons, Lattice Structures, and Welfare in Multi-period Matching Markets." Games and Economic Behavior 112 (November 2018): 1-20.
Wagner, Alexander F., Richard J. Zeckhauser, and Alexandre Ziegler. "Company Stock Price Reactions to the 2016 Election Shock: Trump, Taxes, and Trade." Journal of Financial Economics 130 (November 2018): 428-451.
Ganong, Peter, and Jeffrey B. Liebman. "The Decline, Rebound, and Further Rise in Snap Enrollment: Disentangling Business Cycle Fluctuations and Policy Changes." American Economic Journal: Economic Policy 10.4 (November 2018).
Horton, John J., and Richard J. Zeckhauser. "Wielding Peer Effects in Online Production: Evidence from a Series of Field Experiments." October 2018.
Lazarus, Eben, Daniel J. Lewis, James H. Stock, and Mark W. Watson. "HAR Inference: Recommendations for Practice." Journal of Business & Economic Statistics 36.4 (October 2018): 541-559.
Nelson, Jonathan K., and Richard J. Zeckhauser. "Raphael, Superstar, and His Extraordinary Prices." Sources: Notes in the History of Art (Fall 2018): 15-23.
Glaeser, Edward L., Michael Scott Kincaid, and Nikhil Naik. "Computer Vision and Real Estate: Do Looks Matter and Do Incentives Determine Looks." National Bureau of Economic Research, October 2018.
Ruggie, John Gerard. "Multinationals as Global Institution: Power, Authority and Relative Autonomy." Regulation & Governance 12.3 (September 2018): 317-333.
Jorgenson, Dale W. "Production and Welfare: Progress in Economic Measurement." Journal of Economic Literature 56.3 (September 2018): 867-919.
Frankel, Jeffrey A. "US will Lack Fiscal Space to Respond when Next Recession Comes." The Guardian, August 28, 2018.
Ruggie, John Gerard, and Emily K. Middleton. "Money, Millennials and Human Rights: Sustaining ‘Sustainable Investing’." HKS Faculty Research Working Paper Series RWP18-023, August 2018.
Andrabi, Tahir, Jishnu Das, Asim Ijaz Khwaja, Selcuk Ozyurt, and Niharika Singh. "Upping the Ante: The Equilibrium Effects of Unconditional Grants to Private Schools." HKS Faculty Research Working Paper Series RWP18-019, July 2018.
Geradts, Thijs, Julie Battilana, and Marissa Kimsey. "Inside a Multinational Corporation Combining Commercial and Social Objectives." Academy of Management Proceedings 2018.1 (2018).
Bacq, Sophie Catherine, Julie Battilana, and Hélène Bovais. "Round Hole, Square Peg? Sustaining Dual Social And Commercial Goals In A Cooperative Bank." Academy of Management Proceedings 2018.1 (2018).
Beshears, John, James J. Choi, David Laibson, and Brigitte C. Madrian. "Potential vs. Realized Savings under Automatic Enrollment." TIAA Institute, July 2018.
Beshears, John, James J. Choi, David Laibson, and Brigitte C. Madrian. "Behavioral Household Finance." Handbook of Behavioral Economics 1 177-276.
Shoag, Daniel, and Stan Veuger. "Shops and the City: Evidence on Local Externalities and Local Government Policy from Big-Box Bankruptcies." Review of Economics and Statistics 100.3 (July 2018): 440-453.
Furman, Jason. "Testimony to Hearing on ‘Market Concentration’." Testimony before the Organisation for Economic Co-operation and Development, June 7, 2018.
Furman, Jason, and Peter Orszag. "A Firm-Level Perspective on the Role of Rents in the Rise in Inequality." Toward a Just Society: Joseph Stiglitz and Twenty-First Century Economics. Ed. Martin Guzman. Columbia University Press, 2018.
Furman, Jason, and Peter Orszag. "Slower Productivity and Higher Inequality: Are They Related?" June 2018.
Friedman, Jeffrey A., Joshua D. Baker, Barbara A. Mellers, Philip E. Tetlock, and Richard Zeckhauser. "The Value of Precision in Probability Assessment: Evidence from a Large-Scale Geopolitical Forecasting Tournament." International Studies Quarterly 62 (June 2018): 410-422.
Kariv, S., Maciej H. Kotowski, and C. M. Leister. "Liquidity Risk in Sequential Trading Networks." Games and Economic Behavior 109 (May 2018): 565-581.
Stock, James H., and Mark W. Watson. "Identification and Estimation of Dynamic Causal Effects in Macroeconomics Using External Instruments." The Economic Journal 128.610 (May 2018): 917-948.
Stavins, Robert N. Review of Burgundy: People with a Passion for Wine, by Rudi Goldman. Wine Economics, 13.1, Spring 2018: 105-108.
Arezki, Rabah, Raouf Boucekkine, Jeffrey A. Frankel, and Rick van der Ploeg, eds. Rethinking the Macroeconomics of Resource-Rich Countries. Center for Economic Policy Research, 2018.
Jorgenson, Dale W. "The Growth of the World Economy." Productivity Dynamics in Emerging and Industrialized Countries. Ed. Deb Kusum Das. Routledge, 2018, 81-91.
Scherer, F.M. Monopolies, Mergers and Competition Policy. Edward Elgar Publishing, 2018.
Dynan, Karen. "Adapting Tax Systems for Population Aging." Business Economics 53.2 (April 2018): 66-71.
Frankel, Jeffrey A. "Is Technology Hurting Productivity?" Korea Herald, March 20, 2018.
Born, Dana, and Josh A. Goldstein. "Business Leaders Can Reverse the ‘Implosion of Trust’." Boston Globe, March 15, 2018.
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.
Juma, Calestous. "Exponential Innovation and Human Rights: Implications for Science and Technology Diplomacy." HKS Faculty Research Working Paper Series RWP18-011, February 2018.