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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

The Virus, Vaccination, and Voting

Frankel, Jeffrey A., and Randy Kotti. "The Virus, Vaccination, and Voting." HKS Faculty Research Working Paper Series RWP21-021, August 2021.

America’s False Imbalance Syndrome

Frankel, Jeffrey A. "America’s False Imbalance Syndrome." The Project Syndicate, June 2021.

Statistics And the Pandemic

Frankel, Jeffrey A. "Statistics And the Pandemic." The Project Syndicate, May 2021.

What Three Economists Taught Us About Currency Regimes

Frankel, Jeffrey A. "What Three Economists Taught Us About Currency Regimes." The Project Syndicate, April 2021.

Biden Administration’s Sensible Stimulus

Frankel, Jeffrey A. "Biden Administration’s Sensible Stimulus." The Project Syndicate, March 2021.

David vs. Goliath Narrative in GameStop Story Has Serious Flaws

Frankel, Jeffrey A. "David vs. Goliath Narrative in GameStop Story Has Serious Flaws." The Guardian, February 2021.

Republicans Are Rediscovering the Dangers of Budget Deficits

Frankel, Jeffrey A. "Republicans Are Rediscovering the Dangers of Budget Deficits." The Guardian, January 2021.

The Three Most Misused Phrases in US Politics in 2020

Frankel, Jeffrey A. "The Three Most Misused Phrases in US Politics in 2020." The Guardian, December 2020.

Joe Biden Looks Like A Safe Pair of Hands For the US Economy

Frankel, Jeffrey A. "Joe Biden Looks Like A Safe Pair of Hands For the US Economy." The Guardian, October 2020.

Price of Gold Should Not Determine US Monetary Policy

Frankel, Jeffrey A. "Price of Gold Should Not Determine US Monetary Policy." The Guardian, August 2020.

The Pandemic Pain of Emerging Markets

Frankel, Jeffrey A. "The Pandemic Pain of Emerging Markets." Project Syndicate, July 2020.

The US is Officially in Recession Thanks to the Coronavirus Crisis

Frankel, Jeffrey A. "The US is Officially in Recession Thanks to the Coronavirus Crisis." The Guardian, June 16, 2020.

Central Banks Should Forget About Achieving 2 Percent Inflation

Frankel, Jeffrey A. "Central Banks Should Forget About Achieving 2 Percent Inflation." The Globe and Mail, July 28, 2019.

The Currency-Plus-Commodity Basket: A Proposal for Exchange Rates in Oil-Exporting Countries to Accommodate Trade Shocks Automatically?

Frankel, Jeffrey A. "The Currency-Plus-Commodity Basket: A Proposal for Exchange Rates in Oil-Exporting Countries to Accommodate Trade Shocks Automatically?" Institutions and Macroeconomic Policies in Resource-Rich Arab Economies. Ed. Kamiar Mohaddes, Jefffrey Nugent, and Hoda Selim. Oxford University Press, 2019, 149-182.

Should the Fed Be Constrained?

Frankel, Jeffrey A. "Should the Fed Be Constrained?" CATO Journal 39.2 (Spring/Summer 2019): 461-470.

The Real Cost of Trump’s Tariffs

Frankel, Jeffrey A. "The Real Cost of Trump’s Tariffs." Project Syndicate, May 23, 2019.

Moore Problems for the Fed?

Frankel, Jeffrey A. "Moore Problems for the Fed?" Project Syndicate, April 27, 2019.

Should the Fed Be Constrained?

Frankel, Jeffrey A. "Should the Fed Be Constrained?" HKS Faculty Research Working Paper Series RWP19-003, December 2018.

George HW Bush Was Fiscally Responsible – Unlike Donald Trump

Frankel, Jeffrey A. "George HW Bush Was Fiscally Responsible – Unlike Donald Trump." The Guardian, December 11, 2018.

A Trade War is No Reason to Ease Monetary Policy

Frankel, Jeffrey A. "A Trade War is No Reason to Ease Monetary Policy." The Guardian, November 27, 2018.

The New and Not Improved NAFTA

Frankel, Jeffrey A. "The New and Not Improved NAFTA." Project Syndicate, October 9, 2018.

Trump's Currency Confusion Continues

Frankel, Jeffrey A. "Trump's Currency Confusion Continues." The Guardian, September 21, 2018.

US will Lack Fiscal Space to Respond when Next Recession Comes

Frankel, Jeffrey A. "US will Lack Fiscal Space to Respond when Next Recession Comes." The Guardian, August 28, 2018.

The Republicans' Protectionist Pedigree

Frankel, Jeffrey A. "The Republicans' Protectionist Pedigree." Project Syndicate, June 13, 2018.

What Does Trump Want in his On Again, Off Again China Trade War?

Frankel, Jeffrey A. "What Does Trump Want in his On Again, Off Again China Trade War?" The Hill, May 30, 2018.

An Economic Platform for US Democrats

Frankel, Jeffrey A. "An Economic Platform for US Democrats." Project Syndicate, May 24, 2018.

Rethinking the Macroeconomics of Resource-Rich Countries

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.

Is Technology Hurting Productivity?

Frankel, Jeffrey A. "Is Technology Hurting Productivity?" Korea Herald, March 20, 2018.

VIX Surge is a Wake-up Call for Investors

Frankel, Jeffrey A. "VIX Surge is a Wake-up Call for Investors." Barron's, February 24, 2018.

Making America's Trade Deficits Great Again

Frankel, Jeffrey A. "Making America's Trade Deficits Great Again." The Guardian, January 15, 2018.

To Understand the Tax Reform Bill, Use Good Old Math and History

Frankel, Jeffrey A. "To Understand the Tax Reform Bill, Use Good Old Math and History." Hill, December 10, 2017.

German Ordoliberals vs. American Pragmatists: What Did They Get Right or Wrong in the Euro Crisis?

Frankel, Jeffrey A. "German Ordoliberals vs. American Pragmatists: What Did They Get Right or Wrong in the Euro Crisis?" Ordoliberalism: A German Oddity? CEPR Press, November 2017.

Reagan's Tax Reforms Re-visited

Frankel, Jeffrey A. "Reagan's Tax Reforms Re-visited." Project Syndicate, November 2017.

Why Financial Markets Underestimate Risk

Frankel, Jeffrey A. "Why Financial Markets Underestimate Risk." Project Syndicate, Sept. 25, 2017.

Globalization and Chinese Growth: Ends of Trends?

Frankel, Jeffrey A. "Globalization and Chinese Growth: Ends of Trends?" HKS Faculty Research Working Paper Series RWP16-029, July 2016.

Bias in Official Fiscal Forecasts: Can Private Forecasts Help?

Frankel, Jeffrey A., and Jesse Schreger. "Bias in Official Fiscal Forecasts: Can Private Forecasts Help?" HKS Faculty Research Working Paper Series RWP16-021, May 2016.

Reckoning With Inequality

Frankel, Jeffrey A. "Reckoning With Inequality." Korea Herald, March 27, 2016.

Does It Matter If Statistical Agencies Frame the Month’s CPI Report on a 1-Month or 12-Month Basis?

Frankel, Jeffrey A., and Ayako Saiki. "Does It Matter If Statistical Agencies Frame the Month’s CPI Report on a 1-Month or 12-Month Basis?" HKS Faculty Research Working Paper Series RWP16-011, March 2016.

China's Slowdown and the Chinese Stock Market

Frankel, Jeffrey A. "China's Slowdown and the Chinese Stock Market." VoxEU, January 27, 2016.

International Coordination

Frankel, Jeffrey A. "International Coordination." HKS Faculty Research Working Paper Series RWP16-002, January 2016.

International Macroeconomic Policy Coordination

Frankel, Jeffrey A. "International Macroeconomic Policy Coordination." VoxEU, December 9, 2015.

Congress Should Give TPP a Thumbs Up

Frankel, Jeffrey A. "Congress Should Give TPP a Thumbs Up." Boston Globe, November 11, 2015.

Why Support TPP? Critics should read the agreement and keep an open mind

Frankel, Jeffrey A. "Why Support TPP? Critics should read the agreement and keep an open mind." Guardian, October 11, 2015.

The Plaza Accord, 30 Years Later

Frankel, Jeffrey A. "The Plaza Accord, 30 Years Later." HKS Faculty Research Working Paper Series RWP15-056, September 2015.

Misinterpreting Chinese Intervention in Financial Markets

Frankel, Jeffrey A. "Misinterpreting Chinese Intervention in Financial Markets." China-US Focus, September 10, 2015.

Now is the Right Time to Reform Oil Pricing

Frankel, Jeffrey A. "Now is the Right Time to Reform Oil Pricing." Guardian, August 10, 2015.

Journal of International Economics Special Issue - International Seminar on Macroeconomics

Frankel, Jeffrey A., Helene Rey, and Andrew Rose, eds. Journal of International Economics Special Issue - International Seminar on Macroeconomics. Elsevier, July 2015.

Causes of Eurozone Crises

Frankel, Jeffrey A. "Causes of Eurozone Crises." The Eurozone Crisis: A Consensus View of the Causes and a Few Possible Remedies. Ed. Richard Baldwin and Francesco Giavazzi. Center for Economic Policy Research, 2015, 109-120.

The Euro Crisis: Where to from Here?

Frankel, Jeffrey A. "The Euro Crisis: Where to from Here?" Journal of Policy Modeling 37.3 (May/June 2015): 428-444.

New and Improved Trade Agreements?

Frankel, Jeffrey A. "New and Improved Trade Agreements?" Project Syndicate, May 7, 2015.