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Show Results For
- All HBS Web
(7,892)
- People (38)
- News (2,924)
- Research (3,226)
- Events (32)
- Multimedia (170)
- Faculty Publications (1,744)
- 16 Apr 2007
- Research & Ideas
Delivering the Digital Goods: iTunes vs. Peer-to-Peer
individuals would ever want to share content in p2p networks when sharing is more costly than freeriding. The key to solving the puzzle in a world where individuals are selfish... View Details
- 13 Jan 2023
- Blog Post
Video: Introduction to the Harvard MS/MBA: Engineering Sciences
Christoforetti: The world doesn't show up with a problem and you just solve it. The students who come in the MS/MBA students that we have in this... View Details
- 24 Apr 2014
- News
Detection devices that outsmart the criminally minded
Anthony Harris (MBA 1979) is engineering a more secure world as president and CEO of Campbell Security Equipment Company (CSECO), the world’s leader in portable contraband-detection equipment. Devices made... View Details
- 01 Aug 2016
- Blog Post
Reflecting on the Value of an MBA
You get a lot of good advice at HBS. I’ve kept pretty much every single sheet of paper I’ve received while I’ve been here, trying to retain it for later. One sticks with me now as I head back into the world... View Details
- 22 Jul 2020
- Blog Post
Why We Started the HBS Black Investment Club
qualifications, technical skills, and networks required for the job. I thought to myself, “if students at Harvard Business School - one of the leading feeders for venture capital/private equity roles in... View Details
- 01 Dec 2015
- News
The Harvard Business School Campaign: Regional Events
Kraft (MBA 1965), an honorary chair of The Harvard Business School Campaign, at a meeting of Campaign Leadership Volunteers held at Gillette Stadium in Foxborough, MA. Upcoming Regional Events Around the... View Details
- 10 May 2019
- News
Bringing Art to the People It Depicts
Kasseem Dean (OPM 50, 2017), known in the music world as Swizz Beatz, was used to seeing Gordon Parks’ photographs in meetings with business partners and at the homes of... View Details
- 21 Aug 2006
- Research & Ideas
How Europe Wrote the Rules of Global Finance
and 1950s capital controls were perfectly orthodox tools of macroeconomic management. And forty years before that, prior to the outbreak of World War I in 1914, capital controls had then been heretical.... View Details
Keywords: by Ann Cullen
- September 2011
- Article
Political Instability: Effects on Financial Development, Roots in the Severity of Economic Inequality
By: Mark J. Roe and Jordan I. Siegel
We here bring forward strong evidence that political instability impedes financial development, with its variation a primary determinant of differences in financial development around the world. As such, it needs to be added to the short list of major determinants of... View Details
Keywords: Financial Development; Political Instability; Government and Politics; Finance; Growth and Development; Economics; Equality and Inequality
Roe, Mark J., and Jordan I. Siegel. "Political Instability: Effects on Financial Development, Roots in the Severity of Economic Inequality." Journal of Comparative Economics 39, no. 3 (September 2011): 279–309. (We here bring forward strong evidence that political instability impedes financial development, with its variation a primary determinant of differences in financial development around the world. As such, it needs to be added to the short list of major determinants of financial development. First, structural conditions first postulated by
Engerman and Sokoloff (2002) as generating long-term inequality are shown here empirically to be exogenous determinants of political instability. Second, that exogenously-determined political instability in turn holds back financial development, even when we control for factors prominent in the last decade's cross-country studies of
financial development. The findings indicate that inequality-perpetuating conditions that result in political instability are fundamental roadblocks for international organizations like the World Bank that seek to promote financial development. The evidence here includes country fixed effect regressions and an instrumental model inspired by Engerman and Sokoloff's (2002) work, which to our knowledge has not yet been used in finance and which is consistent with current tests as valid instruments. Four conventional measures of national political instability — Alesina and Perotti's (1996) well-known index of instability, a subsequent index derived from Banks' (2005) work,
and two indices of managerial perceptions of nation-by-nation political instability — persistently predict a wide range of national financial development outcomes for recent decades. Political instability's significance is time consistent in cross-sectional regressions back to the 1960's, the period when the key data becomes available, robust
in both country fixed-effects and instrumental variable regressions, and consistent across multiple measures of instability and of financial development. Overall, the results indicate the existence of an important channel running from structural inequality to political instability, principally in nondemocratic settings, and then to financial
backwardness. The robust significance of that channel extends existing work demonstrating the importance of political economy explanations for financial development and financial backwardness. It should help to better understand which policies will work for financial development, because political instability has causes, cures, and effects quite distinct from those of many of the key institutions most studied in the past decade as explaining financial backwardness.)
- 2023
- Article
Probabilistically Robust Recourse: Navigating the Trade-offs between Costs and Robustness in Algorithmic Recourse
By: Martin Pawelczyk, Teresa Datta, Johannes van-den-Heuvel, Gjergji Kasneci and Himabindu Lakkaraju
As machine learning models are increasingly being employed to make consequential decisions in real-world settings, it becomes critical to ensure that individuals who are adversely impacted (e.g., loan denied) by the predictions of these models are provided with a means... View Details
Pawelczyk, Martin, Teresa Datta, Johannes van-den-Heuvel, Gjergji Kasneci, and Himabindu Lakkaraju. "Probabilistically Robust Recourse: Navigating the Trade-offs between Costs and Robustness in Algorithmic Recourse." Proceedings of the International Conference on Learning Representations (ICLR) (2023).
- 12 PM – 1 PM EST, 11 Dec 2014
- Webinars: Trending@HBS
Leadership Lessons from the 2010 Chilean Mine Rescue
Professor Edmondson will explore teaming as a dynamic response to the demands of knowledge intensive businesses. Organizations that do it well have a competitive advantage, because teaming is how organizations learn how they anticipate and respond to shifts in the... View Details
- 13 Oct 2016
- News
Adding Muscle to the Fight Against Disease
of directors in terms of what should be most important in my life and career. The positive impact they are having across a variety of industries and in their own communities helps guide my personal and professional ambitions.” Repairing... View Details
Keywords: Deborah Blagg
- Web
Buy Now, Pay Later &mdash Easy Payments: The Rise of Installment Selling
purchase that would contribute to income rather than simply depreciate with time. A similar argument justified the purchase of a home sewing machine, which reduced average time for making a shirt from fourteen hours to just one. View Details
- 18 Aug 2021
- News
Alumni on the Black Lives Matter Movement
small, but nearly 80 percent of business school cases taught around the world are developed at Harvard. If we change the way we write and teach cases, we can change business... View Details
- 14 Nov 2019
- Book
Lifting the Lid on Turkey's Hidden Business History
businesses after World War II, and how his children and grandchildren have taken the business forward, professionalizing the management and engaging in extensive social... View Details
Keywords: by Sean Silverthorne
- 21 Nov 2017
- News
Alumni Peer into the Future of Energy
leverage technology to coordinate a fleet of distributed assets and stabilize the grid as intermittent renewables continue to come down in cost. That feat, to change the way our View Details
- 08 Aug 2016
- Lessons from the Classroom
Panic Management: Keep Your Eyes on the Road
actually the moment that got me to reflect on how the world was changing, [including] the world sitting in front... View Details
Keywords: by Dina Gerdeman
- 01 Sep 2017
- News
A Jolt for the African Coffee Industry
African coffee supply with African coffee demand. Now five years old, Neo has nine locations around Lagos, its own branded capsules for Nespresso machines, and plans to grow. To do that, the Dozies will have to nurture a coffee-sipping... View Details
- 24 Jul 2018
- Blog Post
The Global Classroom: From Boston to Jakarta
the places to choose from, this is a hard choice. I wanted to go to a country that I had not been to before, and an area of the world that I would want to explore after View Details
- Web
Partners - Managing the Future of Work
network – Accenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders. With approximately 425,000 people serving clients in more than 120... View Details