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  • All HBS Web  (63)
    • News  (7)
    • Research  (45)
  • Faculty Publications  (9)

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  • All HBS Web  (63)
    • News  (7)
    • Research  (45)
  • Faculty Publications  (9)
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  • Article

Small States in an Age of Empires: The Duchy of Parma's Colonial Moment, 1750–1770

By: Arnaud Orain and Sophus A. Reinert
Often thought of as the "Athens of Italy" during the Enlightenment, and as a microcosm of the Italian peninsula and of the eighteenth century alike, the Duchy of Parma played a unique role in the culture and politics of the age. This essay focuses on its "colonial... View Details
Keywords: Duchy Of Parma; French Empire; Internal Colonization; Enlightenment; Political Economy; Small States In World Markets; Guillaume Dutillot; Étienne-François De Choiseul
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Orain, Arnaud, and Sophus A. Reinert. "Small States in an Age of Empires: The Duchy of Parma's Colonial Moment, 1750–1770." Capitalism: A Journal of History and Economics 3, no. 1 (Winter 2022): 57–105.
  • Research Summary

Overview

By: Charlotte L. Robertson
Professor Robertson conducts research on the history of financial markets. Her book manuscript and working papers shed light on the evolution of securities markets and the relationship between finance, governance, and society. Some of the topics she pursues include:... View Details
  • 2024
  • Working Paper

Public Debt and Investment Under Political Competition: Evidence from Toxic Loans

By: Julien Sauvagnat and Boris Vallée
We examine how political considerations shape local government responses to a substantial rise in indebtedness. We use the delayed yet sharp deterioration of “toxic” loans held by French municipalities as a quasi-natural experiment to empirically investigate such... View Details
Keywords: Public Debt; Public Investments; Political Contestation; Toxic Loans; Borrowing and Debt; Investment; Public Sector; Government and Politics; Local Range; Financing and Loans
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Sauvagnat, Julien, and Boris Vallée. "Public Debt and Investment Under Political Competition: Evidence from Toxic Loans." Working Paper, 2024.
  • 14 Nov 2007
  • First Look

First Look: November 14, 2007

PlaNet Finance was a French NGO providing technical support and training services to microfinance institutions (i.e., institutions providing financial services to the poor) and other microfinance actors, rating of microfinance... View Details
Keywords: Martha Lagace
  • Research Summary

Overview

By: Marlous van Waijenburg

Professor van Waijenburg’s research focuses on the historical roots of relative African poverty and state fragility. Where sufficiently reliable and comparable records exist, she creates new datasets from a range of qualitative and quantitative archival sources. The... View Details

  • 10 May 2016
  • First Look

May 10, 2016

that “Gathering direct and original facts is a tedious and dif cult task, and it is not surprising that such work is avoided.” For the 50th JAR Conference, we introduce a framework to help researchers understand the complementary value of seven View Details
Keywords: Carmen Nobel
  • 12 Apr 2022
  • Book

Racism, Colonialism, and Britain's Legacy of Violence

wars were always bloodier than those of the British.” “Just as the scale of France’s wars of decolonisation was far larger than Britain’s, so abuses by security forces were also more numerous and perhaps more systematic.” The French View Details
Keywords: by Avery Forman
  • 12 Feb 2013
  • First Look

First Look: Feb. 12

and coordination in determining delegation within firms. Empirical evidence, however, is limited. Using establishment-level data on decision rights over information technology investments, I find that a high net value of adaptation is... View Details
Keywords: Sean Silverthorne
  • 08 May 2012
  • First Look

First Look: May 8

product design important, or is manufacturing the key locus of learning? How does a supplier's initial resource endowment play into the dynamic? Our empirical analysis yields interesting findings that have implications for theory and... View Details
Keywords: Carmen Nobel
  • 17 Mar 2008
  • Research & Ideas

The Lessons of Business History: A Handbook

by Harvard Business School's Aldo Musacchio in the BGIE Unit, showing that this hypothesis has little empirical support. A careful study of 19th-century French and American law, for example, found little... View Details
Keywords: by Sean Silverthorne
  • 23 May 2005
  • Research & Ideas

What Could Bring Globalization Down?

the First World War, a crisis of globalization today is a low-probability worst-case scenario. The key causes of the 1914 crisis were: The overstretch of the hegemonic empire (Britain). The escalation of rivalry between great powers... View Details
Keywords: by Cynthia Churchwell
  • 09 Mar 2010
  • First Look

First Look: March 9

from the very earliest proposals made by Spain in 1529, through an abortive French attempt in the 19th century, to the construction, opening, and operation of the Canal by the U.S., and finally the turning over of the Canal to Panama,... View Details
Keywords: Martha Lagace
  • 20 Dec 2010
  • Research & Ideas

Panama Canal: Troubled History, Astounding Turnaround

from Colombia) and against the new Panamanian government (to get a better deal for the Panama Canal). The Colombians wanted to hold out until 1904 to make a deal with the United States to build a canal. The reason was that the properties of the failed View Details
Keywords: by Sarah Jane Gilbert; Transportation
  • 11 Feb 2015
  • Research & Ideas

Politicians Benefited From Using Toxic Loans

Christophe Pérignon, a finance professor at HEC Paris. The study offers empirical evidence that politicians routinely used high-risk loans on purpose, for political gain, in spite of the risks. Furthermore, the strategy worked: Toxic... View Details
Keywords: by Carmen Nobel; Financial Services
  • 26 Jun 2012
  • First Look

First Look: June 26

interdisciplinary, with economists and business historians joining together to confront theory with empirical evidence. Publisher's Link: http://www.routledge.com/books/details/9780415532716/   Working PapersNo Margin, No Mission? A Field... View Details
Keywords: Sean Silverthorne
  • 23 Jul 2001
  • Research & Ideas

How One Center of Innovation Lost its Spark

the downsides of the cluster phenomenon. After the French tire maker Michelin introduced radial tire technology—which in effect doubled a tire's useful life—Akron tire companies quickly began to lose their edge. The Akron firms faltered... View Details
Keywords: by Donald Sull; Manufacturing; Transportation; Auto
  • 03 Jul 2012
  • First Look

First Look: July 3

occupy-compliance expert, technical champion, trusted advisor, and engaged toolmaker-and trace the movements of experts between these positions. Our empirical findings and theoretical framework contribute to our understanding of the... View Details
Keywords: Sean Silverthorne
  • 24 Sep 2001
  • Research & Ideas

Why the Internet Doesn’t Change Everything

In 1995, the Vatican dismissed an outspoken French bishop named Jacques Gaillot. Arguing that Gaillot had been far too liberal for the Church's doctrine, Vatican officials removed him from his diocese outside Paris and sent him to... View Details
Keywords: by Debora L. Spar
  • 01 Mar 2016
  • First Look

March 1, 2016

asset returns. We present empirical evidence that bears on some of the model’s distinctive predictions. Download working paper: https://www.hbs.edu/faculty/Pages/item.aspx?num=50677 Net Neutrality: A Fast Lane to Understanding the... View Details
Keywords: Sean Silverthorne
  • 13 Dec 2011
  • First Look

First Look: Dec. 13

original movie ideas, I present a model that features the writer's private information on the idea's value, different protection levels associated with different development stages, as well as costly buyer participation. The empirical... View Details
Keywords: Sean Silverthorne
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