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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

Banchard, Olivier, and Lawrence H. Summers. "Automatic Stabilizers in a Low-Rate Environment." Peterson Institute for International Economics, February 2020.
Sarin, Natasha, Lawrence Summers, and Joe Kupferberg. "Tax Reform for Progressivity: A Pragmatic Approach." The Hamilton Project, January 2020.
Eggertsson, Gauti B., Ragnar E. Juelsrud, Lawrence H. Summers, and Ella Getz Wold. "Negative Nominal Interest Rates and the Bank Lending Channel." January 2019.
Watkins, David A., Gavin Yamey, Marco Schäferhoff, Olusoji Adeyi, George Alleyne, Ala Alwan, Seth Berkley et al. "Alma-Ata at 40 Years: Reflections from the Lancet Commission on Investing in Health." The Lancet 392.10156 (October 2018): 1434-1460.
Eggertsson, Gauti B., Manuel Lancastre, and Lawrence H. Summers. "Aging, Output Per Capita and Secular Stagnation." National Bureau of Economic Research, August 2018.
Sarin, Natasha, and Lawrence H. Summers. "On Market-Based Approaches to the Valuation of Capital." June 2018.
Sarin, Natasha, and Lawrence H. Summers. "On Market-Based Approaches to the Valuation of Capital." June 2018.
Summers, Lawrence H. "Secular Stagnation and Macroeconomic Policy." IMF Economic Review 66.2 (June 2018): 226–250.
Summers, Lawrence H. "Taxes for Health: Evidence Clears the Air." The Lancet 391.10134 (May 2018): 1974-1976.
Fatas, Antonio, and Lawrence H. Summers. "The Permanent Effects of Fiscal Consolidations." Journal of International Economics 112 (May 2018): 238-250.
Yamey, Gavin, Lawrence H. Summers, Dean T. Jamison, and Jessica Brinton. "How to Convene an International Health or Development Commission: Ten Key Steps." Health Policy and Planning 33.3 (April 2018): 429–435.
Austin, Benjamin, Edward Glaeser, and Lawrence Summers. "Saving the Heartland: Place-Based Policies in 21st Century America." Brookings Papers on Economic Activity (Spring 2018).
Fan, Victoria Y., Dean T. Jamison, and Lawrence H. Summers. "Pandemic Risk: How Large Are the Expected Losses?" Bulletin of the World Health Organization 96.2 (February 2018): 129-134.
Summers, Lawrence H. Review of The Euro and the Battle of Ideas, by Brunnermeier, Markus K.. The Times Literary Supplement, 5936 , January 6, 2017: 11.
Eggertsson, Gauti B., Neil R. Mehrotra, Sanjay R. Singh, and Lawrence H. Summers. "A Contagious Malady? Open Economy Dimensions of Secular Stagnation." MF Economic Review 64.4 (November 2016).
Summers, Lawrence H. "Secular Stagnation and Monetary Policy." Review 98.2 (2nd Quarter 2016): 93-110.
Summers, Lawrence H. "2014: US Economic Prospects: Secular Stagnation, Hysteresis, and the Zero Lower Bound." The Best of Business Economics. Palgrave McMillan US, 2016, 421-435.
Mahbubani, Kishore, and Lawrence H. Summers. "The Fusion of Civilizations: The Case for Global Optimism." Foreign Affairs. May/June 2016.
Eggertsson, Gauti B., Neil R. Mehrotra, and Lawrence H. Summers. "Global Reserve Assets in a Low Interest Rate World: Secular Stagnation in the Open Economy." The American Economic Review 106.5 (May 2016).
Mahbubani, Kishore, and Lawrence H. Summers. "The Fusion of Civilizations: The Case for Global Optimism." Foreign Affairs 95.3 (May 2016): 126.
Yamey, Gavin, Jesper Sundewall, Helen Saxenian, Robert Hecht, Keely Jordan, Marco Schäferhoff, Christina Schrade, C. Deleye, M. Thomas, N. Blanchet, Lawrence H. Summers. "Reorienting Health Aid to Meet Post-2015 Global Health Challenges: A Case Study of Sweden as a Donor." Oxford Review of Economic Policy 32.1 (March 2016): 122-146.
Summers, Lawrence H. "The Age of Secular Stagnation." Foreign Affairs. Mar/Apr 2016, 2-9.
Schäferhoff, Marco, Sara Fewer, Jessica Kraus, Emil Richter, Lawrence H. Summers, Jesper Sundewall, Gavin Yamey, and Dean T. Jamison. "How Much Donor Financing for Health is Channeled to Global Versus Country-Specific Aid Functions?" Lancet 386.10011 (December 2015): 2436-2441.
Summers, Lawrence H. "Economists’ Declaration on Universal Health Coverage." Lancet 386.10008 (November 2015): 2112-2113.
Blanchard, Oliver, Eugenio Cerutti, and Lawrence H. Summers. "Inflation and Activity – Two Explorations and their Monetary Policy Implications." HKS Faculty Research Working Paper Series RWP15-070, November 2015.
Mankiw, N. Gregory, and Lawrence H. Summers. "Uniting Behind the Divisive ‘Cadillac’ Tax on Health Plans." New York Times. October 24, 2015.
Summers, Lawrence H. "Have We Entered An Age Of Secular Stagnation?" IMF Economic Review 63.1 (May 2015): 277-280.
Pritchett, Lant, and Lawrence H. Summers. "Asiaphoria, Meet Regression to the Mean." Prospects for Asia and the Global Economy (2014).
Jamison, Dean T., Lawrence H. Summers, George Alleyne, Kenneth J. Arrow, Seth Berkley, Agnes Binagwaho, Flavia Bustreo, David Evans, Richard G. A. Feachem, Julio Frenk, Gargee Ghosh, Sue J. Goldie, Yan Guo, Sanjeev Gupta, Richard Horton, Margaret E. Kruk, Adel Mahmoud, Linah K. Mohohlo, Mthuli Ncube, Ariel Pablos-Mendez, K. Srinath Reddy, Helen Saxenian, Agnes Soucat, Karen H. Ulltveit-Moe, Gavin Yamey. "Global Health 2035: A World Converging Within a Generation." The Lancet 382.9908 (December 2013): 1898–1955.
Summers, Lawrence H. "The Fiscal and Economic Effects of Austerity." Testimony to the U.S. Senate Budget Committee, June 4, 2013.
Summers, Lawrence H. "Austerity Would Hurt U.S. Jobs and Growth." Washington Post, June 2, 2013.
Summers, Lawrence H. "The End of the Line." Review of Austerity: The History of a Dangerous Idea, by Mark Blyth. Financial Times, April 12, 2013.
Summers, Lawrence H. "Europe's Hair-Trigger Economy." Reuters, March 18, 2013.
Summers, Lawrence H. "America has Multiple Deficits." Reuters, January 22, 2013.
Summers, Lawrence H. "A Tax Reform to Cut Complexity, Increase Fairness." Washington Post, December 16, 2012.
Summers, Lawrence H. "The ‘Obama Debt’ Fallacy." Reuters, November 5, 2012.
Summers, Lawrence H. "Why the UK Must Reverse its Economic Course." Reuters, September 17, 2012.
Summers, Lawrence H. "America’s State Will Expand Whoever Wins." Financial Times, August 19, 2012.
Summers, Lawrence H. "The Reality of Trying to Shrink Government." Washington Post, August 19, 2012.
Summers, Lawrence H. "Focus on Equality of Opportunity, Not Outcomes." Reuters, July 16, 2012.
Summers, Lawrence H. "Europe Must Be Persuaded to Make a Permanent Fix." Reuters, June 18, 2012.
Summers, Lawrence H. "Look Beyond Interest Rates to Get Out of the Gloom." Financial Times, June 4, 2012.
Summers, Lawrence H. "Europe’s Growth Challenge." Washington Post, April 29, 2012.
Summers, Lawrence H. "Romney’s Fiscal Fantasy Plan." Washington Post, April 26, 2012.
Summers, Lawrence H. "How to Ensure Stimulus Today, Austerity Tomorrow." Financial Times, March 25, 2012.
Summers, Lawrence H. "The U.S. Tax System Needs Rebuilding." Financial Times, February 26, 2012.
Summers, Lawrence H. "The US Tax System Needs Rebuilding." Financial Times, February 26, 2012.
Summers, Lawrence H. "Economic Uncertainty is No Excuse for Inaction." Financial Times, January 23, 2012.
Summers, Lawrence H. "What You (Really) Need to Know." New York Times, January 20, 2012.
Summers, Lawrence H. "Why Isn’t Capitalism Working?" Reuters, January 9, 2012.