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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 Cost of Money is Part of the Cost of Living: New Evidence on the Consumer Sentiment Anomaly

Bolhuis, Marijn A., Judd N. L. Cramer, Karl Oskar Schulz, and Lawrence H. Summers. "The Cost of Money is Part of the Cost of Living: New Evidence on the Consumer Sentiment Anomaly." NBER Working Paper Series, February 2024.

The Path to AI Arms Control

Kissinger, Henry A., and Allison, Graham. "The Path to AI Arms Control." Foreign Affairs, October 13, 2023.

Investment versus Output Subsidies: Implications of Alternative Incentives for Wind Energy

Aldy, Joseph, Todd D. Gerarden, and Richard L. Sweeney. "Investment versus Output Subsidies: Implications of Alternative Incentives for Wind Energy." Journal of the Association of Environmental and Resource Economists 10.4 (July 2023): 981-1018.

Behind schedule: The corporate effort to fulfill climate obligations

Aldy, Joseph, Patrick Bolton, Marcin Kacperczyk, and Zachery M. Halem. "Behind schedule: The corporate effort to fulfill climate obligations." Journal of Applied Corporate Finance 35.2 (Spring 2023): 26-34.

Localizing Environmental Regulation: The Case of Boutique Fuels

Aldy, Joseph E., and Maximilian Auffhammer. "Localizing Environmental Regulation: The Case of Boutique Fuels." Resources for the Future, May 2023.

Show and Tell: An Analysis of Corporate Climate Messaging and its Financial Impacts

Aldy, Joseph, Patrick Bolton, Zachery Halem, Marcin T. Kacperczyk, and Peter R. Orszag. "Show and Tell: An Analysis of Corporate Climate Messaging and its Financial Impacts." April 22, 2023.

How Is the US Pricing Carbon? How Could We Price Carbon?

Aldy, Joseph E., Dallas Burtraw, Carolyn Fischer, Meredith Fowlie, Roberton C. Williams III & Maureen L. Cropper. "How Is the US Pricing Carbon? How Could We Price Carbon?" HKS Faculty Research Working Paper Series RWP22-018, October 2022.

The Evolving Role of Greenhouse Gas Emission Offsets in Combating Climate Change

Aldy, Joseph E., and Zachery M. Halem. "The Evolving Role of Greenhouse Gas Emission Offsets in Combating Climate Change." HKS Faculty Research Working Paper Series RWP22-011, August 2022.

Learning How to Build Back Better through Clean Energy Policy Evaluation

Aldy, Joseph. "Learning How to Build Back Better through Clean Energy Policy Evaluation." HKS Faculty Research Working Paper Series RWP22-010, August 2022.

Search and Information Frictions on Global E-Commerce Platforms: Evidence from AliExpress

Bai, Jie, Maggie Chen, Jin Liu, and Daniel Yi Xu. "Search and Information Frictions on Global E-Commerce Platforms: Evidence from AliExpress." HKS Faculty Research Working Paper Series RWP20-037, November 2020; Updated September 2021.

How much could article 6 enhance nationally determined contribution ambition toward paris agreement goals through economic efficiency?

Edmonds, James, Sha Yu, Haewon Mcjeon, Dirk Forrister, Joseph Aldy, Nathan Hultman, Ryna Cui, Stephanie Waldhoff, Leon Clarke, Stefano de Clara, and Clayton Munnings. "How much could article 6 enhance nationally determined contribution ambition toward paris agreement goals through economic efficiency?" Climate Change Economics 12.2 (2021).

National Climate Policies and Corporate Internal Carbon Pricing

Bento, Nuno, Gianfranco Gianfrate, and Joseph E. Aldy. "National Climate Policies and Corporate Internal Carbon Pricing." The Energy Journal 42.5 (2021).

Testimony on the Elimination of Fossil Fuel Subsidies to the US Subcommittee on the Environment

Aldy, Joseph. "Testimony on the Elimination of Fossil Fuel Subsidies to the US Subcommittee on the Environment." US House Oversight Committee, April 22, 2021.

Partnership and innovation in the pharmaceutical industry: the case of clinical research

Ippoliti, Roberto, Giovanni B. Ramello, and F.M. Scherer. "Partnership and innovation in the pharmaceutical industry: the case of clinical research." Economics of Innovation and New Technology 30.3 (April 2021): 317-334.

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.

The Future of Carbon Offset Markets

Lee, Henry, and Abigail Mayer. "The Future of Carbon Offset Markets." Environment and Natural Resources Program, Belfer Center for Science and International Affairs, October 22, 2020.

Rolling the Dice in the Corridors of Power: William Nordhaus’s Impacts on Climate Change Policy

Aldy, Joseph, and Robert N. Stavins. "Rolling the Dice in the Corridors of Power: William Nordhaus’s Impacts on Climate Change Policy." HKS Faculty Research Working Paper Series RWP20-022, July 2020.

Review Essay: The Prince

Masoud, Tarek. "Review Essay: The Prince." Review of MBS: The Rise to Power of Mohammed bin Salman, by Ben Hubbard. Journal of Democracy, 31.3, July 2020: 172-178.

The Value of Carbon Capture, Utilization, and Sequestration

Chen, Cuicui, and Henry Lee. "The Value of Carbon Capture, Utilization, and Sequestration." Environment and Natural Resources Program, Belfer Center for Science and International Affairs, March 4, 2020.

Fundamentals of Regulatory Design

Sparrow, Malcolm K. Fundamentals of Regulatory Design, Paperback & Kindle. Kindle Direct Publishing, 2020.

Saudi Arabia’s Energy Infrastructure Under Attack. What’s Next?

De Blasio, Nicola, and Henry Lee. "Saudi Arabia’s Energy Infrastructure Under Attack. What’s Next?" National Interest, October 6, 2019.

The Role of Electric Vehicles in Decarbonizing China’s Transportation Sector

Qiao, Qinyu, and Henry Lee. "The Role of Electric Vehicles in Decarbonizing China’s Transportation Sector." Environment and Natural Resources Program, Belfer Center for Science and International Affairs, April 2019.

Saving Natural Gas through Regulation

Lee, Henry. "Saving Natural Gas through Regulation." National Interest, March 31, 2019.