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  • All HBS Web  (2,440)
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    • News  (382)
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  • All HBS Web  (2,440)
    • People  (3)
    • News  (382)
    • Research  (1,814)
    • Events  (12)
    • Multimedia  (29)
  • Faculty Publications  (1,330)
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  • Web

Research - Behavioral Finance & Financial Stability

research here , and Jeffrey’s other research here . More Info Loan types and the bank lending channel By: Victoria Ivashina , Luc Laeven & Enrique Moral-Benito MAR 2022 There are four main types of commercial credit: asset-based loans, cash flow loans, trade View Details
  • 2023
  • Working Paper

The Credit Supply Channel of Monetary Policy Tightening and Its Distributional Impacts

By: Joshua Bosshardt, Marco Di Maggio, Ali Kakhbod and Amir Kermani
This paper studies how tightening monetary policy transmits to the economy through the mortgage market and sheds new light on the distributional consequences at both the individual and regional levels. We find that credit supply factors, specifically restrictions on... View Details
Keywords: Policy; Borrowing and Debt; Credit; Mortgages; Macroeconomics
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Bosshardt, Joshua, Marco Di Maggio, Ali Kakhbod, and Amir Kermani. "The Credit Supply Channel of Monetary Policy Tightening and Its Distributional Impacts." NBER Working Paper Series, No. 31464, July 2023. (Revised November 2023.)
  • 19 Oct 2021
  • Research & Ideas

Fed Up Workers and Supply Woes: What's Next for Dollar Stores?

School, is an expert on global supply chain and co-wrote an HBS case study, revised in 2019, on Dollar General, one of the largest dollar store operators, shortly before it was acquired by New York... View Details
Keywords: by Christine Pazzanese, Harvard Gazette; Retail
  • May 2025 (Revised June 2025)
  • Supplement

Michael Ku and Global Clinical Supply at Pfizer Inc.: Bringing Hope to Patients (D)

By: Linda A. Hill and Lydia Begag
This fourth installment in the Pfizer Global Clinical Supply (GCS) transformation case series highlights how over a decade of cultural and digital evolution positioned GCS to meet unprecedented global challenges. In 2011, Michael Ku became the Vice President of GCS and... View Details
Keywords: Innovation Leadership; Technological Innovation; Leadership Development; Leadership Style; Research and Development; Science-Based Business; Transformation; Health Pandemics; AI and Machine Learning; Analytics and Data Science; Digital Transformation; Leading Change; Product Launch; Supply Chain; Organizational Change and Adaptation; Alignment; Pharmaceutical Industry; Biotechnology Industry; Health Industry; United States; Asia; Europe; Latin America
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Hill, Linda A., and Lydia Begag. "Michael Ku and Global Clinical Supply at Pfizer Inc.: Bringing Hope to Patients (D)." Harvard Business School Supplement 425-079, May 2025. (Revised June 2025.)
  • Article

Selecting the Right Growth Metrics: Fewer but Better

By: Leonard A. Schlesinger
Keywords: Supply Chains; Big Data; Corporations; Franchising; Performance Metrics; Analytics and Data Science
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Schlesinger, Leonard A. "Selecting the Right Growth Metrics: Fewer but Better." Stanford Social Innovation Review (website) (April 21, 2017).
  • August 2003 (Revised September 2008)
  • Background Note

Note on Financing of the U.S. Health Care Sector

By: Regina E. Herzlinger and Jeff Grahling
This course describes the public and private sources of financing of the U.S. health-care sector,and identifies the characteristics of insurance policies, their costs, the structure of the insurance industry, and the role of consultants and brokers. The insurance... View Details
Keywords: Economic Sectors; Financing and Loans; Insurance; Industry Structures; Health Industry; Insurance Industry; United States
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Herzlinger, Regina E., and Jeff Grahling. "Note on Financing of the U.S. Health Care Sector." Harvard Business School Background Note 304-039, August 2003. (Revised September 2008.)

    Executive Education in the Digital Matrix: The Disruption of the Supply Landscape

    Even as the demand for managerial skills continues to grow, executive education worldwide has entered a period of disruption caused by the digitalization of content, connectivity, and communication. The current offerings of many executive education program providers... View Details

    • August 2003
    • Teaching Note

    Pharmacyclics: Financing Research and Development (TN)

    By: Malcolm P. Baker and Richard S. Ruback
    Teaching Note for (9-201-056). View Details
    Keywords: Medical Devices and Supplies Industry; Medical Devices and Supplies Industry
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    Baker, Malcolm P., and Richard S. Ruback. "Pharmacyclics: Financing Research and Development (TN)." Harvard Business School Teaching Note 204-012, August 2003.
    • 07 Feb 2008
    • News

    Harvard Business School Faculty Members Win Smith Breeden Prize for Distinguised Paper in Finance

    • 26 Mar 2024
    • Blog Post

    IFC India: Financing the Climate Transition in India

    across the country. Our recent field trip to India provided valuable insights into the challenges and opportunities associated with decarbonization, particularly focusing on the financing aspects. Based on a discussion with India Climate... View Details
    • 2001
    • Other Unpublished Work

    E-Commerce and the Supply Chain: The Rhetoric and the Reality

    By: R. Shapiro
    Keywords: Supply Chain; Internet and the Web; Sales
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    Shapiro, R. "E-Commerce and the Supply Chain: The Rhetoric and the Reality." Breakthrough in Logistics, Japan International Transport Institute, February 2001.
    • 2003
    • Chapter

    Chains of Ownership, Regional Tax Competition, and Foreign Direct Investment

    By: Mihir A. Desai, C. Fritz Foley and James R. Hines Jr.
    Keywords: Ownership; Taxation; Foreign Direct Investment; Globalized Economies and Regions
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    Desai, Mihir A., C. Fritz Foley, and James R. Hines Jr. "Chains of Ownership, Regional Tax Competition, and Foreign Direct Investment." In Foreign Direct Investment in the Real and Financial Sector of Industrial Countries, edited by Heinz Herrmann and Robert Lipsey, 61–98. Heidelberg: Springer-Verlag, 2003.
    • May 2007
    • Case

    Demand and Supply Forecasting at Air Products - Electronics Specialty Materials

    Explores the process and inputs behind financial and operational forecasting in the Electronic Specialty Materials unit at Air Products and Chemicals, a global chemical company. The protagonist, John Goldberg, grapples with how to better integrate the two forecasting... View Details
    Keywords: Demand and Consumers; Operations; Forecasting and Prediction; Supply and Industry; Finance; Chemical Industry
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    Kulp, Susan L., Taylor Randall, Shoshanah Cohen, and Zahra Kanji. "Demand and Supply Forecasting at Air Products - Electronics Specialty Materials." Harvard Business School Case 107-018, May 2007.
    • 11 Apr 2005
    • Conference Presentation

    Resolving Information Asymmetries in Supply Chains: The Role of Certified Voluntary Programs

    By: Michael W. Toffel
    Keywords: Information; Supply Chain; Programs
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    Toffel, Michael W. "Resolving Information Asymmetries in Supply Chains: The Role of Certified Voluntary Programs." Paper presented at the National Environmental Partnership Summit, U.S. Environmental Protection Agency, Chicago, IL, April 11, 2005.
    • January 2019 (Revised July 2019)
    • Case

    New Balance: Managing Orders and Working Conditions

    By: Michael W. Toffel, Eileen McNeely and Matthew Preble
    New Balance Athletics, Inc., a major U.S.-based athletic footwear and apparel brand, sources most of its footwear products from independent suppliers whose factories are located in China, Indonesia, and Vietnam. Monica Gorman, vice president of responsible leadership... View Details
    Keywords: Footwear; Athletic Footwear; Manufacturing; CSR; Sustainability; Quality Management; Supply Chains; Operations; Management; Production; Working Conditions; Corporate Social Responsibility and Impact; Labor and Management Relations; Supply Chain Management; Supply Chain; Order Taking and Fulfillment; Apparel and Accessories Industry; Consumer Products Industry
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    Toffel, Michael W., Eileen McNeely, and Matthew Preble. "New Balance: Managing Orders and Working Conditions." Harvard Business School Case 619-002, January 2019. (Revised July 2019.)
    • 13 Jan 2016
    • Working Paper Summaries

    Forward Guidance in the Yield Curve: Short Rates versus Bond Supply

    Keywords: by Robin Greenwood, Samuel G. Hanson, and Dimitri Vayanos; Financial Services
    • 19 Oct 2010
    • Working Paper Summaries

    The Impact of Supply Learning on Customer Demand: Model and Estimation Methodology

    Keywords: by Nathan Craig, Nicole DeHoratius & Ananth Raman; Apparel & Accessories; Fashion
    • Research Summary

    Corporate transparency and information disclosure strategies

    By: Michael W. Toffel
    This research focuses on transparency and information disclosure strategies, a topic of growing importance in environmental sustainability, corporate strategy, stakeholder relations, and public policy.  My prior research in this area explored why... View Details
    Keywords: Transparency; Disclosure Strategy; Disclosure; Environment; Environmental Performance; Regulation; Supply Chain; Environmental Sustainability; United States
    • Article

    Happiness on Tap: Piped Water Adoption in Urban Morocco

    By: Florencia Devoto, Esther Duflo, Pascaline Dupas, William Pariente and Vincent Pons
    Connecting private dwellings to the water main is expensive and typically cannot be publicly financed. We show that households' willingness to pay for a private connection is high when it can be purchased on credit, not because a connection improves health but because... View Details
    Keywords: Water Supply; Urban Development; Household; Credit; Well-being; Morocco
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    Devoto, Florencia, Esther Duflo, Pascaline Dupas, William Pariente, and Vincent Pons. "Happiness on Tap: Piped Water Adoption in Urban Morocco." American Economic Journal: Economic Policy 4, no. 4 (November 2012): 68–99.
    • 25 Jan 2024
    • Blog Post

    Climate Stories Episode #15: Hilton Augustine III on Financing Climate Ventures

    vehicle supply chain in the short term, despite his experiences at Tesla: “The US does not have sufficient domestic capacity to produce all the battery materials critical to EV adoption. Mineral agreements... View Details
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