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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

Elmendorf, Doug. "House to vote on budget to prevent shutdown." LiveNOW on FOX, March 11, 2025.
Elmendorf, Doug. "What does the House-passed budget resolution mean?" Harvard Kennedy School, March 5, 2025.
Dynan, Karen, and Doug Elmendorf. "Don’t look to efficiency for big deficit reductions." What awaits the Department of Government Efficiency? ÌÇÐÄvlog¹ÙÍø experts on prospects for a radical new initiative, January 15, 2025.
Armona, Luis, and Adam M. Rosenberg. "Second-Best Amendment: Market Power and Tax Design in the Firearms Industry." December 13, 2024.
Dynan, Karen, and Douglas Elmendorf. "Fiscal policy and the pandemic-era surge in US inflation: Lessons for the future." Understanding the COVID Era Inflation, Peterson Institute for International Economics, December 2024.
Fagan, Mark L. Supply Chain Management: A Public Sector Perspective. Cheltanham: Edward Elgar Publishing, 2024.
Horn, Sebastian, Carmen M. Reinhart, and Chrisoph Trebesch. "International Lending in War and Peace." October 2024.
Elmendorf, Douglas, Glenn Hubbard, and Heidi Williams. "Dynamic scoring: A progress report on why, when, and how." Brookings Papers on Economic Activity, September 26-27, 2024.
Elmendorf, Douglas. Review of The Crisis of Democratic Capitalism, by Martin Wolf. Journal of Economic Literature, 62.2, June 2024: 818-20.
Fung, Vicki, Mary Price, David Cheng, Tej A. Patel1, Zhiyou Yang, John Hsu, Margarita Alegria, and Joseph P. Newhouse. "Associations Between Annual Medicare Part D Low-Income Subsidy Loss and Prescription Drug Spending and Use." JAMA Health Forum 5.2 (February 2024): e235152.
Bachas, Pierre, Anders Jensen, and Lucie Gadenne. "Tax Equity in Low- and Middle-Income Countries." Journal of Economic Perspectives 38.1 (Winter 2024): 55-80.
Autor, David, Anne Beck, David Dorn, and Gordon H. Hanson. "Help for the Heartland? The Employment and Electoral Effects of the Trump Tariffs in the United States." NBER Working Paper Series, January 2024.
Vogel, Matthew, Olivia Zhao, William B. Feldman, Amitabh Chandra, Aaron S. Kesselheim, and Benjamin N. Rome. "Cost of Exempting Sole Orphan Drugs From Medicare Negotiation." JAMA Internal Medicine (November 27, 2023).
Dynan, Karen. "High and Rising US Federal Debt: Causes and Implications." Building a More Resilient US Economy. Ed. Melissa S. Kearney, Justin Schardin, and Luke Pardue. Washington, D.C.: Aspen Economic Strategy Group, 2023.
Adbi, Arzi, Matthew Lee, and Jasjit Singh. "Community influence on microfinance loan defaults under crisis conditions: Evidence from Indian demonetization." Strategic Management Journal (October 25, 2023).
Bachas, Pierre, Lucie Gadenne, and Anders Jensen. "Informality, Consumption Taxes, and Redistribution." The Review of Economic Studies (21 September 2023): 1-31.
Bachas, Pierre, Matthew Fisher-Post, Anders Jensen, and Gabriel Zucman. "Globalization and Factor Income Taxation." ÌÇÐÄvlog¹ÙÍø Faculty Research Working Paper Series RWP23-027, August 2023.
Nair, Gautam, and Federico Sturzenegger. "Great Dilution: The Global Impact of the US Inflation Shock on Sovereign Debt." ÌÇÐÄvlog¹ÙÍø Faculty Research Working Paper Series RWP22-009, July 2022.
Frankel, Jeffrey. "Dollar Rivals." ÌÇÐÄvlog¹ÙÍø Faculty Research Working Paper Series RWP23-015, June 2023.
Horn, Sebastian, Bradley C. Parks, Carmen M. Reinhart, and Christoph Trebesch. "Debt Distress on China's Belt and Road." AEA Papers and Proceedings 113 (May 2023): 131-34.
Bilmes, Linda J. "Why is federal spending so hard to cut? — Recurring debt ceiling fights will only be solved by budget reform." Brookings FixGov, April 27, 2023.
Ilzetzki, Ethan, Carmen Reinhart, and Kenneth Rogoff. "Exchange Rate Volatility and Monetary Policy." Vox EU, April 4, 2023.
Horn, Sebastian, Bradley C. Parks, Carmen M. Reinhart, and Cristoph Trebesch. "China as an International Lender of Last Resort." World Bank Policy Research Working Paper Series, March 2023.
Bilmes, Linda, Mauricio Rodas, Geraldine Fraser-Moleketi, Devon Rowe, Aminata Touré, and Lan Xue. "Public institutions and support for climate funding." United Nations ECOSOC, March 16. 2023.
Frankel, Jeffrey A., Yao Hou, and Danxia Xie. "Estimation of Nonlinear Exchange Rate Dynamics in Evolving Regimes." March 2023.
Andrabi, Tahir, Jishnu Das, Asim I Khwaja, and Selçuk Özyurt. "Helping Schools Survive: Experimental Evidence on the Impact of Financial and Educational Support to Private Schools." RISE Working Paper Series, February 2023.
Andrabi, Tahir, Natalie Bau, Jishnu Das, Naureen Karachiwalla, and Asim Ijaz Khwaja. "Crowding in Private Quality: The Equilibrium Effects of Public Spending in Education." ÌÇÐÄvlog¹ÙÍø Faculty Research Working Paper Series RWP23-010, January 2023.
Bilmes, Linda J. "I helped balance the federal budget in the 1990s – here’s just how hard it will be for the GOP to achieve that same rare feat." The Conversation, February 1, 2023.
Gaduh, Arya, Rema Hanna, and Benjamin A. Olken. "The Marginal Disutility from Corruption in Social Programs: Evidence from Program Administrators and Beneficiaries." ÌÇÐÄvlog¹ÙÍø Faculty Research Working Paper Series RWP23-008, January 2023.
Kalt, Joseph P. "American Indian Self-Determination Through Self-Governance: The Only Policy That Has Ever Worked." Testimony before the Alyce Spotted Bear and Walter Soboleff Commission on Native Children, December 15, 2022.
Aiyar, Yamini, Rolf Alter, and Linda J. Bilmes. "Challenges of effective governance for sustainable development at subnational government levels: introduction to this thematic issue of Public Sector Economics." Public Sector Economics Journal (December 2022): 456-458.
Aldy, Joseph. "Learning How to Build Back Better through Clean Energy Policy Evaluation." ÌÇÐÄvlog¹ÙÍø Faculty Research Working Paper Series RWP22-010, August 2022.
Furman, Jason. "The Quants in the Room: How Much Power Do Economists Really Have?" Review of by Thinking Like an Economist: How Efficiency Replaced Equality in US. Public Policy. ed. Elizabeth Popp Berman. Foreign Affairs, 101.4, 2022: 182-189.
Ilzetzki, Ethan, Carmen Reinhart, and Kenneth Rogoff. "Rethinking Exchange Rate Regimes." Handbook of International Economics. Ed. Gita Gopinath, Elhanan Helpman, and Kenneth S. Rogoff. Elsevier, 2022, 91-145.
Furman, Jason. "Why Did (Almost) No One See the Inflation Coming?" Intereconomics 57 (2022): 79-86.
Sturzenegger, Federico, and Nicolas Der Meguerditchian. "A Balance-Sheet Model of Fiscal Policy in Namibia." Red Nacionale de Investigadores en Economia (RedNIE), April 2022.
Deep, Akash. "Infrastructure Finance." Infrastructure Economics and Policy: International Perspectives. Ed. Jose A. Gomez-Ibanez and Zhi Liu. Lincoln Institute of Land Policy, 2022, 213-238.
Lee, Henry. "Infrastructure and Climate Change." Infrastructure Economics and Policy. Ed. José Gómez-Ibáñez and Zhi Liu. Lincoln Institute of Land Policy, 2021, 437-460.
Basri, M. Chatib, Mayara Felix, Rema Hanna, and Benjamin A. Olken. "Tax Administration versus Tax Rates: Evidence from Corporate Taxation in Indonesia." American Economic Review 111.12 (December 2021): 3827-3871.
Furman, Jason. "What the Federal Reserve Should Do Now: An Elaboration." Peterson Institute for International Economics, November 18, 2021.
Graf von Luckner, Clemens, Carmen M. Reinhart, and Kenneth S. Rogoff. "Decrypting New Age International Capital Flows." NBER Working Paper Series, October 2021.
Ilzetzki, Ethan, Carmen M. Reinhart, and Kenneth S. Rogoff. "Rethinking Exchange Rate Regimes." NBER Working Paper Series, October 2021.
Kose, M. Ayhan, Franziska L. Ohnsorge, Carmen M. Reinhart, and Kenneth S. Rogoff. "The Aftermath of Debt Surges." NBER Working Paper Series, September 2021.
Dobbie, Will, Andres Liberman, Daniel Paravisini, and Vikram Pathania. "Measuring Bias in Consumer Lending." The Review of Economic Studies 88.6 (August 2021): 2799-2832.
Frankel, Jeffrey. "Systematic Managed Floating." The Asian Monetary Policy Forum. Ed. Steven J. Davis, Edward S. Robinson, Bernard Yeung. World Scientific Publishing, 2021.
Glaeser, Edward L., and James Poterba. "Economic Perspectives on Infrastructure Investment." Rebuilding the Post-Pandemic Economy. Ed. Melissa S. Kearney and Amy Ganz. Aspen Institute Press, 2021.
Furman, Jason, Melissa S. Kearney, and Wilson Powell. "The role of childcare challenges in the US jobs market recovery during the COVID-19 pandemic." NBER Working Paper Series, June 2021.
Reinhart, Carmen. "From Health Crisis to Financial Distress." World Bank Policy Research Working Paper Series, April 2021.
Graf von Luckner, Clemens, Josefin Meyer, Carmen Reinhart, and Christoph Trebesch. "External sovereign debt restructurings: Delay and replay." VoxEU. March 2021.
Mangu, Samhita, Thillai Rajan Annamalai, and Akash Deep. "Comparison of toll and annuity PPPs: a case study of highway projects in India." Built Environment Project and Asset Management 11.1 (February 2021): 103-120.