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
Reinhart, Carmen, and Kenneth Rogoff. "Financial and Sovereign Debt Crises: Some Lessons Learned and Those Forgotten." Financial Crises: Causes, Consequences, and Policy Responses. Ed. Stijn Claessens, M. Ayhan Kose, Luc Laeven, and Fabian Valencia. International Monetary Fund, 2014.
Bilmes, Linda J. "Reforming the Budget: Four Steps to Restore Fiscal Discipline." Brookings, February 5, 2014.
Kotowski, Maciej, David Weisbach, and Richard Zeckhauser. "Signaling with Audits: Mimicry, Wasteful Expenditures, and Non-Compliance in a Model of Tax Enforcement." vlog Faculty Research Working Paper Series RWP14-001, January 2014.
Reinhart, Carmen, and Takeshi Tashiro. "Crowding Out Redefined: The Role of Reserve Accumulation." Prospects for Asia and the Global Economy. Ed. Reuven Glick, and Mark M. Spiegel. Federal Reserve Bank of San Francisco, 2014, 1-43.
Reinhart, Carmen and Takeshi Tashiro. "Investment In The Wake of Crises: Asia 15 Years Later." Vox, December 17, 2013.
Frankel, Jeffrey A. "A Solution to Fiscal Procyclicality: The Structural Budget Institutions Pioneered by Chile." Fiscal Policy and Macroeconomic Performance: Volume 17. Ed. Luis Felipe Céspedes and Jordi Galí. Banco Central de Chile, 2013.
Frankel, Jeffrey A., and Andrew Rose. "An Estimate of the Effect of Common Currencies on Trade and Income." Recent Developments In Exchange Rate Economics. Ed. Mark P. Taylor and Meher Manzur. Edward Elgar, 2013.
Frankel, Jeffrey A. "A Lesson From the South for Fiscal Policy in the US and Other Advanced Countries." Learning from the World: New Ideas to Redevelop America. Ed. Joe Colombano and Aniket Shah. Palgrave Macmillan, 2013, 26-50.
Reinhart, Carmen. "Of Debt, Growth, Interest Rates & History." Bloomberg Business, November 5, 2013.
Liebman, Jeffrey, and Neale Mahoney. "Do Expiring Budgets Lead to Wasteful Year-End Spending? Evidence from Federal Procurement." vlog Faculty Research Working Paper Series RWP13-038, October 2013.
Perkins, Dwight H. East Asian Development: Foundations and Strategies. Harvard University Press, 2013.
Kopczuk, Wojciech, Justin Marion, Erich Muehlegger, and Joel Slemrod. "Do the Laws of Tax Incidence Hold? Point of Collection and the Pass-through of State Diesel Taxes." vlog Faculty Research Working Paper Series RWP13-027, September 2013.
Dell’Erba, Salvatore, Ricardo Hausmann, and Ugo Panizza. "Debt Levels, Debt Composition, and Sovereign Spreads in Emerging and Advanced Economies." vlog Faculty Research Working Paper Series RWP13-028, September 2013.
Hausmann, Ricardo and Francisco R. Rodríguez, eds. Venezuela Before Chávez: Anatomy of an Economic Collapse. Penn State University Press, 2013.
Frankel, Jeffrey A. "Effects of Speculation and Interest Rates in a “Carry Trade” Model of Commodity Prices." vlog Faculty Research Working Paper Series RWP13-022, January 24, 2014 (Revised from June 2013; and November 2013).
Summers, Lawrence H. "The Fiscal and Economic Effects of Austerity." Testimony to the U.S. Senate Budget Committee, June 4, 2013.
Scherer, F.M. "Financial Mergers and Their Consequences." vlog Faculty Research Working Paper Series RWP13-019, June 2013.
Summers, Lawrence H. "Austerity Would Hurt U.S. Jobs and Growth." Washington Post, June 2, 2013.
Lawrence, Robert Z., and Matthew J. Slaughter. "U.S. Exporters, Global Supply Networks, and Competitive Export-Import Bank Financing." Report for Coalition for Employment Through Exports, Inc., June 2013.
Frankel, Jeffrey A. "The Future of the Currency Union." vlog Faculty Research Working Paper Series RWP13-015, May 2013.
Sparrow, Malcolm K. "Foreword." Financial Supervision in the 21st Century. Ed. A. Joanne Kellermann, Jakob de Haan, and Femke de Vries. Springer-Verlag, 2013, v-viii.
Ashoka Mody, and Michael Walton. "What Type of Crisis for India." Business Standard, May 6, 2013.
Glaeser, Edward L. "Make Airline Passengers Pay Higher Fees." Bloomberg, April 30, 2013.
Reinhart, Carmen, and Kenneth S. Rogoff. "Debt, Growth and the Austerity Debate." New York Times, April 25, 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.
Glaeser, Edward L., and Giacomo A.M. Ponzetto. "Shrouded Costs of Government: The Political Economy of State and Local Public Pensions." National Bureau of Economic Research, April 2013.
Summers, Lawrence H. "Europe's Hair-Trigger Economy." Reuters, March 18, 2013.
Nye, Jr., Joseph S. "History Will Judge Bush on Iraq." China Daily, March 13, 2013.
Glaeser, Edward L. "Big-Project Binge Fueled Motor City’s Meltdown." Bloomberg, March 20, 2013.
Frankel, Jeffrey A., and Jesse Schreger. "Over-optimistic Official Forecasts and Fiscal Rules in the Eurozone." Review of World Economics 149.2 (2013): 247-272.
Chetty, Raj, John N. Friedman, Soren Leth-Peterson, Torben Heien Nielsen, and Tore Olsen. "Active vs. Passive Decisions and Crowd-out in Retirement Savings Accounts: Evidence from Denmark." vlog Faculty Research Working Paper Series RWP13-002, January 2013.
Summers, Lawrence H. "America has Multiple Deficits." Reuters, January 22, 2013.
Glaeser, Edward L. "Invest in Massachusetts, but Don’t Play Robin Hood." Boston Globe, January 22, 2013.
Frankel, Jeffrey A. "Will Europe’s Fiscal Compact Work?" Project Syndicate, January 18, 2013.
Frankel, Jeffrey A., Carlos A Vegh, and Guillermo Vuletin. "On Graduation from Fiscal Procyclicality." Journal of Development Economics 100.1 (January 2013): 32–47.
Summers, Lawrence H. "A Tax Reform to Cut Complexity, Increase Fairness." Washington Post, December 16, 2012.
Kamarck, Elaine. "Time to Reform Complex Tax Code." Politico, December 9 , 2012.
Liebman, Jeffrey. "The Baby Boom Bump." New York Times, December 6, 2012.
Bilmes, Linda J. "Three Ways To Avoid Future ‘Fiscal Cliffs’." WBUR, November 26, 2012.
Frankel, Jeffrey A. "Cuban Time Travel." Project Syndicate, November 22, 2012.
Beshears, John, James J. Choi, David Laibson, Brigitte C. Madrian, and Stephen P. Zeldes. "What Makes Annuitization More Appealing?" NBER Working Papers 18575, November 2012.
Porter, Roger B. "Japan's Economic Prospects." M-RCBG Faculty Working Paper 2012-15, November 2012.
Frankel, Jeffrey A. "Four Magic Tricks for Fiscal Conservatives." Project Syndicate, October 22, 2012.
Reinhart, Carmen, and Kenneth S. Rogoff. "Sorry, U.S. Recoveries Really Aren’t Different." Bloomberg, October 15, 2012.
Frankel, Jeffrey A. "The Natural Resource Curse: A Survey of Diagnoses and Some Prescriptions." Commodity Price Volatility and Inclusive Growth in Low-Income Countries. Ed. Rabah Arezki, Catherine A Pattillo, Marc Quintyn, and Min Zhu. International Monetary Fund, October 2012.
Frankel, Jeffrey A. "Internationalization of the RMB and Historical Precedents." Journal of Economic Integration 27.3 (September 2012): 329-365.
Bilmes, Linda J. "The Truth Behind the Ryan Budget." WBUR, September 19, 2012.
Glaeser, Edward L. "Obama’s Short-Run Fixes Neglect Long-Term Reform." Bloomberg, September 17, 2012.
Summers, Lawrence H. "Why the UK Must Reverse its Economic Course." Reuters, September 17, 2012.
Frankel, Jeffrey A., and Jesse Schreger. "Over-Optimistic Official Forecasts in the Eurozone and Fiscal Rules." vlog Faculty Research Working Paper Series RWP12-041, September 2012.