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  • November 2017
  • Technical Note

21st Century Populism

By: George Serafeim and David Freiberg
While the first decade of the 21st century saw a massive financial crisis that led to significant economic downturn, the second decade saw the rise of political leaders, who built their support upon a political message that championed the common person against the... View Details
Keywords: Populism; Market Efficiency; Market Liberalization; Political Influence; Political Instability; Capital Controls; Partnerships; Coalition; Inequality; Role Of Business In Society; Government Intervention In The Markets; Labor Market; Equality and Inequality; Financial Markets; Social Issues; Immigration; Financial Crisis; Capital Markets; Business and Government Relations
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  • November 2018 (Revised June 2019)
  • Case

The Rise of Populism and Italy's Electoral 'Tsunami'

By: Rawi Abdelal, Dante Roscini and Elena Corsi
Italy’s March 2018 elections led to a populist government that included the right-wing League and the anti-establishment 5 Star Movement. To respect their electoral promises, the two parties came up with a budget plan that provided for a public deficit at 2.4%, a... View Details
Keywords: Globalized Economies; Unemployment; Extremism; Political Elections; Immigration; Poverty; Social Issues; Government and Politics; Financial Condition; Financial Markets; Italy
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  • 29 Jan 2013
  • First Look

First Look: Jan. 29

resolution settings. It is believed that by making people more aware of their failure to notice and punish indirect unethical behavior, others can create a world where the use of intermediation will no longer provide harm doers an easy escape from public awareness.... View Details
Keywords: Sean Silverthorne
  • 14 Aug 2018
  • First Look

First Look at New Research and Ideas, August 14, 2018

https://www.hbs.edu/faculty/Pages/item.aspx?num=51383 Happily Ever After: Immigration, Natives' Marriage, and Fertility By: Carlana, Michela, and Marco Tabellini Abstract—In this paper, we study the effects of immigration on natives’... View Details
Keywords: by Sean Silverthorne
  • 15 Aug 2017
  • First Look

First Look at New Research and Ideas, August 15, 2017

extended turbulence. This working paper suggests that this context drove different business responses than in the developed world. Entrepreneurs counted more than managerial hierarchies, immigrants and diaspora were critical sources of... View Details
Keywords: Sean Silverthorne
  • 22 Sep 2009
  • First Look

First Look: September 22

differential in turn depends on the mobility of the technology's labor force, which we model through the extent that technologies depend upon immigrant scientists and engineers. Spatial adjustments are faster for technologies that depend... View Details
Keywords: Martha Lagace
  • 17 Jan 2017
  • Research & Ideas

Can China Maintain Its Economic Power?

farmers in the country’s poorer provinces can achieve a standard of living equal to a high-tech worker in Hangzhou—is a daunting task. This increasing unease about economic inequality and instability is causing the wealthiest Chinese to invest outside the country and... View Details
Keywords: by Deborah Blagg
  • 15 Sep 2016
  • Research & Ideas

Political Dysfunction Makes America Less Competitive

economic growth and competitiveness—including reforming the corporate tax code, easing immigration for high-skilled immigrants, investing in infrastructure, and aggressively addressing abuses in the international trading system—divisive... View Details
Keywords: by Dina Gerdeman
  • 28 Jun 2016
  • First Look

June 28, 2016

https://www.hbs.edu/faculty/Pages/item.aspx?num=51197 Social Networks, Ethnicity, and Entrepreneurship By: Kerr, William R., and Martin Mandorff Abstract—We study the relationship between ethnicity, occupational choice, and entrepreneurship. View Details
Keywords: Sean Silverthorne
  • 23 Feb 2010
  • First Look

First Look: Feb. 23

Lincoln Publication:Journal of Labor Economics (forthcoming) Abstract This study evaluates the impact of high-skilled immigrants on U.S. technology formation. We use reduced-form specifications that exploit large changes in the H-1B visa... View Details
Keywords: Martha Lagace
  • 02 Jun 2011
  • What Do You Think?

Is it Time for a National Bankruptcy?

the form of a stock buyback.) The US government and other borrowers are beneficiaries of this phenomenon, at least for the moment. My favorite barber, an immigrant from Greece with a love for his adopted country that more than matches his... View Details
Keywords: by Jim Heskett
  • 30 Oct 2006
  • First Look

First Look: October 31, 2006

"second-generation" perspective on accountability that is interpretive and culturally embedded. How Does Accountability Affect Mission? The Case of a Nonprofit Serving Immigrants and Refugees Authors:R. Christensen and Alnoor S.... View Details
Keywords: Sean Silverthorne
  • 26 Mar 2008
  • First Look

First Look: March 26, 2008

causing two serious problems for democratic societies: a move to the left and/or political instability in many developing countries and a rising tide of immigrants seeking to move from poor countries to rich. The Hidden Risk in Cutting... View Details
Keywords: Martha Lagace
  • 23 Jun 2016
  • Op-Ed

Brexit: Should Britain Stay or Go?

of stopping immigration seemed to be leading inexorably into a Leave vote before the murder last week of the young Member of Parliament Jo Cox by a man who gave his name to the court as “Death to traitors, freedom for Britain.” Brexit is... View Details
Keywords: by Geoffrey G. Jones & Dante Roscini
  • 29 Sep 2009
  • First Look

First Look: September 29

This growth differential in turn depends on the mobility of the technology's labor force, which we model through the extent that technologies depend upon immigrant scientists and engineers. Spatial adjustments are faster for technologies... View Details
Keywords: Martha Lagace
  • 11 Sep 2007
  • First Look

First Look: September 11, 2007

service program called Unis-Cite, in which youth, particularly from the disadvantaged immigrant population, volunteered nine months of their time to work on community projects. Based in Paris, France, Unis-Cite had begun to expand to... View Details
Keywords: Martha Lagace
  • 13 Jul 2022
  • Book

Reimagining the Economy: What Would It Take to Put People First?

transformative. “I feel like I have a superpower,” she told me. “I am my own boss. I make my own schedule. I can’t express how important this is. I now have time to take care of my son, and he is the reason I immigrated in the first... View Details
Keywords: by Avery Forman
  • 14 Jan 2015
  • Research & Ideas

Thriving in the Turbulence of Emerging Markets

growing. If you take that then you don't do anything," said Sabancı. The Power Of Good Citizenship Manu Chandaria In his interview, Manu Chandaria discussed the challenges faced by Comcraft, a business started by his Asian immigrant... View Details
Keywords: by Geoffrey Jones; Manufacturing; Auto
  • 05 Oct 2016
  • What Do You Think?

Can the US Economy Regain the Growth and Prosperity of the Past?

increased immigration would help reverse current trends. As he put it, “Those folks tend to be younger, with growing families which require furniture, food, clothing. Our ‘native’ population is aging and doesn’t earn or spend as much.”... View Details
Keywords: by James Heskett
  • 25 Jan 2012
  • Research & Ideas

A Few Firms Have Outsized Influence in D.C.

question to economists," says Harvard Business School Associate Professor William R. Kerr. "It's uncharted territory." Kerr's interest in the topic came from studies he's done on immigration issues—in particular, looking at... View Details
Keywords: by Michael Blanding

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