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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 Death of Inflation Targeting

Frankel, Jeffrey A. "The Death of Inflation Targeting." Voxeu.org, June 19, 2012.

Europe Must Be Persuaded to Make a Permanent Fix

Summers, Lawrence H. "Europe Must Be Persuaded to Make a Permanent Fix." Reuters, June 18, 2012.

Analysis: Spectre of Second Eurozone Depression Too Close for Comfort

Rodrik, Dani. "Analysis: Spectre of Second Eurozone Depression Too Close for Comfort." Scotsman.com, June 14, 2012.

Look Beyond Interest Rates to Get Out of the Gloom

Summers, Lawrence H. "Look Beyond Interest Rates to Get Out of the Gloom." Financial Times, June 4, 2012.

NBER International Seminar on Macroeconomics 2011, Volume 8

Frankel, Jeffrey A., and Christopher Pissarides, eds. NBER International Seminar on Macroeconomics 2011, Volume 8. University of Chicago Press, 2012.

Economic Shocks and International Politics

Frankel, Jeffrey A. "Economic Shocks and International Politics." Survival: Global Politics and Strategy 54.3 (June/July 2012): 29–46.

Financial Mergers and Their Consequences

Scherer, F.M. "Financial Mergers and Their Consequences." HKS Faculty Research Working Paper Series RWP12-018, May 2012.

Europe’s Growth Challenge

Summers, Lawrence H. "Europe’s Growth Challenge." Washington Post, April 29, 2012.

On Graduation from Fiscal Procyclicality

Frankel, Jeffrey A., Carlos A Vegh, and Guillermo Vuletin. "On Graduation from Fiscal Procyclicality." HKS Faculty Research Working Paper Series RWP12-011, April 2012.

What Small Countries Can Teach the World

Frankel, Jeffrey A. "What Small Countries Can Teach the World." HKS Faculty Research Working Paper Series RWP12-013, April 2012.

Slow Pass-through Around the World: A New Import for Developing Countries?

Frankel, Jeffrey A., David Parsley, and Shang-Jin Wei. "Slow Pass-through Around the World: A New Import for Developing Countries?" Open Economies Review 23.2 (April 2012): 213-251.

Budgetary Wishful Thinking

Frankel, Jeffrey A. "Budgetary Wishful Thinking." Project Syndicate, April 12, 2012.

Laws of Economics Catching Up With China

Frankel, Jeffrey A. "Laws of Economics Catching Up With China." The Age, March 27, 2012.

How to Ensure Stimulus Today, Austerity Tomorrow

Summers, Lawrence H. "How to Ensure Stimulus Today, Austerity Tomorrow." Financial Times, March 25, 2012.

US Budget Breakthrough After Nov.?

Kelman, Steven. "US Budget Breakthrough After Nov.?" Business Times, March 16, 2012.

Financial Repression Back to Stay

Reinhart, Carmen. "Financial Repression Back to Stay." Bloomberg Business, March 11, 2012.

The Natural Resource Curse: A Survey

Frankel, Jeffrey A. "The Natural Resource Curse: A Survey." Beyond the Resource Curse. Ed. Brenda Shaffer and Taleh Ziyadov. Penn Press, 2012.

Figures Show Obama Halted Recession

Frankel, Jeffrey A. "Figures Show Obama Halted Recession." Bangkok Post, February 29, 2012.

The U.S. Tax System Needs Rebuilding

Summers, Lawrence H. "The U.S. Tax System Needs Rebuilding." Financial Times, February 26, 2012.

The US Tax System Needs Rebuilding

Summers, Lawrence H. "The US Tax System Needs Rebuilding." Financial Times, February 26, 2012.

Lowering the Corporate Tax Rate a Good Start

Kamarck, Elaine. "Lowering the Corporate Tax Rate a Good Start." USNews.com, February 24, 2012.

Obama's Recovery?

Frankel, Jeffrey A. "Obama's Recovery?" CNN World, February 18, 2012.

Spending Won’t Fix What Ails U.S. Infrastructure

Glaeser, Edward L. "Spending Won’t Fix What Ails U.S. Infrastructure." Bloomberg, February 13, 2012.

Cycle of Crisis Looms Over Emerging Markets

Frankel, Jeffrey A. "Cycle of Crisis Looms Over Emerging Markets." Bangkok Post, January 26, 2012.

Why Isn’t Capitalism Working?

Summers, Lawrence H. "Why Isn’t Capitalism Working?" Reuters, January 9, 2012.

What Small Countries Can Teach the World

Frankel, Jeffrey A. "What Small Countries Can Teach the World." Business Economics 47 (2012): 97–103.

In Economists’ Paradise, Lessons for US

Glaeser, Edward L. "In Economists’ Paradise, Lessons for US." Boston Globe, December 19, 2011.

If the Banks are Doing so Well, Why Can't I Get a Loan? Regulatory Constraints to Financial Inclusion in Indonesia

Prasetyantoko, A and Jay K. Rosengard. "If the Banks are Doing so Well, Why Can't I Get a Loan? Regulatory Constraints to Financial Inclusion in Indonesia." Asian Economic Policy Review 6.2 (December 2011): 273-296.

The Unintended Consequences of Successful Resource Mobilization: Financing Development in Vietnam

Jay K. Rosengard, Tr?n Th? Qu? Giang, Ðinh Vu Trang Ngân, Hu?nh Th? Du, and Juan Pablo Chauvin. "The Unintended Consequences of Successful Resource Mobilization: Financing Development in Vietnam." United Nations Development Programme and the Fulbright Economics Teaching Program, 2011.

Let European Technocrats Weave Their Magic

Frankel, Jeffrey A. "Let European Technocrats Weave Their Magic." Sydney Morning Herald, November 29, 2011.

Mexico's Private Toll Road Program Reconsidered

Carpintero, Samuel, and Jose A. Gomez-Ibañez. "Mexico's Private Toll Road Program Reconsidered." Transport Policy 18.6 (November 2011): 848-855.

In Health Care, Fee-for-Service Means too Many Services

Glaeser, Edward L. "In Health Care, Fee-for-Service Means too Many Services." Boston Globe, October 20, 2011.

Barrels, Bushels, Bonds Take Global Economy for a Ride

Frankel, Jeffrey A. "Barrels, Bushels, Bonds Take Global Economy for a Ride." Korea Herald, October 18, 2011.

The Curse: Why Natural Resources Are Not Always a Good Thing

Frankel, Jeffrey A. "The Curse: Why Natural Resources Are Not Always a Good Thing." The Milken Institute Review. October 2011, 28-39.

The Rise of the Renminbi as International Currency: Historical Precedents

Frankel, Jeffrey A. "The Rise of the Renminbi as International Currency: Historical Precedents." VoxEU, October 10, 2011.

Internationalization of the Renminbi: What Does History Tell us About the Precedents?

Frankel, Jeffrey A. "Internationalization of the Renminbi: What Does History Tell us About the Precedents?" Research Institute of Economy, Trade and Industry (RIETI), October 5, 2011.

Informal Taxation

Olken, Benjamin A., and Monica Singhal. "Informal Taxation." American Economic Journal: Applied Economics 3.4 (October 2011): 1-28.

Fuel Tax Incidence and Supply Conditions

Marion, Justin, and Erich Muehlegger. "Fuel Tax Incidence and Supply Conditions." Journal of Public Economics 95.9-10 (October 2011): 1202-1212.

How Can Commodity Producers Make Fiscal and Monetary Policy Less Procyclical?

Frankel, Jeffrey A. "How Can Commodity Producers Make Fiscal and Monetary Policy Less Procyclical?" Beyond the Curse: Policies to Harness the Power of Natural Resources. Ed. Rabah Arezki, Amadou N. R. Sy, and Thorvaldur Gylfason. International Monetary Fund, 2011.

A Blue State Bailout In Disguise

Peterson, Paul E. "A Blue State Bailout In Disguise." Wall Street Journal, September 16, 2011.

Payroll-Tax Cut Is the Working Part of Jobs Plan: Edward Glaeser

Glaeser, Edward L. "Payroll-Tax Cut Is the Working Part of Jobs Plan: Edward Glaeser." Bloomberg.com, September 12, 2011.

Testing Pay-for-Success Bonds

Liebman, Jeffrey. "Testing Pay-for-Success Bonds." Public Manager 40.3 (September 2011): 66-68.

A Lesson from the South for Fiscal Policy in the US and Other Advanced Countries

Frankel, Jeffrey A. "A Lesson from the South for Fiscal Policy in the US and Other Advanced Countries." Comparative Economic Studies 53.3 (September 2011): 407-430.

A Comparison of Product Price Targeting and Other Monetary Anchor Options for Commodity Exporters in Latin America

Frankel, Jeffrey A. "A Comparison of Product Price Targeting and Other Monetary Anchor Options for Commodity Exporters in Latin America." Economia 12.1 (Fall 2011).

The Future of Convergence

Rodrik, Dani. "The Future of Convergence." HKS Faculty Research Working Paper Series RWP11-033, August 2011.

Tax Breaks Shouldn't be Sacrosanct

Glaeser, Edward L. "Tax Breaks Shouldn't be Sacrosanct." Boston Globe, 8/25/2011.

$100 Bills on the Sidewalk: Violations of No-Arbitrage in 401(k) Accounts

Choi, James J., David Laibson, and Brigitte Madrian. "$100 Bills on the Sidewalk: Violations of No-Arbitrage in 401(k) Accounts." The Review of Economics and Statistics 93.3 (August 2011): 748-763.

A Comparison of Product Price Targeting and Other Monetary Anchor Options, for Commodity Exporters in Latin America

Frankel, Jeffrey A. "A Comparison of Product Price Targeting and Other Monetary Anchor Options, for Commodity Exporters in Latin America." HKS Faculty Research Working Paper Series RWP11-027, July 2011.

Making Financial Markets Work For Consumers

Campbell, John Y., Howell E. Jackson, Brigitte C. Madrian, and Peter Tufano. "Making Financial Markets Work For Consumers." Harvard Business Review (July-August 2011).

Fiscal Policy in Developing Countries: Escape from Procyclicality

Frankel, Jeffrey A., Carlos A. Vegh, and Guillermo Vuletin. "Fiscal Policy in Developing Countries: Escape from Procyclicality." VoxEU, June 23, 2011.