Liquidity - Publications - Faculty & Research

Portrait Project

Nelly-Ange Kontchou

Black liquid took me across the world growing up, but red soil always brought me back home. From the red soil of our forefathers, my own father was born in the village of Bangangté, Cameroon. As a petroleum engineer, he had no problem... View Details

11 May 2017
News

Going with the Flow

“If I look back at my career, I’ve focused on liquid assets: blood, water, and beer.” That is the wry encapsulation Cynthia Fisher (MBA 1990) uses to describe her professional activities. Like Fisher herself, it is smart, efficient, and... View Details

Keywords: Robert S. Benchley

24 Apr 2014
News

Expanding the reach of business from Silicon Valley to the global arena

which developing countries faced major liquidity problems. Draper later served as Under-Secretary-General of the United Nations—the second-highest ranking person in the UN—and CEO of the UN’s Development Program, overseeing nearly 10,000... View Details

24 Apr 2014
News

Leading in business and in public education

a movie theater company, Loews now has interests in several industries, including commercial property and casualty insurance, hotels, energy exploration, and natural gas and liquids storage and transportation. Tisch was charged with... View Details

01 Mar 2009
News

The Case for Studying Financial History

largely as a result of widespread ignorance of financial history. When you began working on this book, did you see a global financial crisis coming? When I began in 2006, I was certain that a major liquidity crisis was imminent and that... View Details

Keywords: Roger Thompson; federal bailouts; Finance; Administration of Economic Programs; Government

November 2020
Article

Accelerator or Brake? Cash for Clunkers, Household Liquidity, and Aggregate Demand

By: Daniel Green, Brian Melzer, Jonathan Parker and Arcenis Rojas

This paper evaluates the Car Allowance Rebate System (CARS) by comparing the vehicle purchases and disposals of households with eligible "clunkers" to those of households with similar, but ineligible, vehicles. CARS caused roughly 500,000 purchases during the program... View Details

Keywords: Automobiles; Purchasing; Government Incentives; Household; Financial Liquidity; Income; Behavior

Citation

Find at Harvard

Read Now

Mar 2012
Article

How to Make Finance Work

of the U.S. economy by increasing capital and liquidity requirements, reorienting the discussion around housing finance reform from keeping mortgage credit cheap to ensuring financial stability, and instituting measures that compel asset... View Details

Charles E. Merrill

the first established broker to predict the Great Crash of 1929 and the only one that liquidated his firm’s stock portfolio. At his death, his firm boasted 115 offices with 400,000 clients and had become the largest brokerage firm in the... View Details

Keywords: Finance

07 Feb 2018
News

Helping Startups Give Back

Foundation of Canada, notes, “They rarely have the cash or the time.” Four years ago, Goldstein helped launch the Upside Foundation to provide a platform for early-stage and high-growth companies to pledge a percentage of profits from future View Details

29 Jan 2010
News

Back to Glass-Steagall?

(http://www.alumni.hbs.edu/bulletin/2009/june/toobig.html) is the best way to head off future financial meltdowns and deal with institutions that are too big to fail. Specifically, he advocates: higher capital requirements; leverage limits; FDIC-like insurance charges;... View Details

Keywords: Roger Thompson; Securities, Commodities, and Other Financial Investments; Finance; Government

10 Mar 2015
First Look

First Look: March 10

http://amr.aom.org.ezp-prod1.hul.harvard.edu/content/early/2015/02/10/amr.2015.0042.abstract February 2015 American Economic Review: Papers and Proceedings Liquidity in Retirement Savings Systems: An International Comparison By: Beshears,... View Details

Keywords: Carmen Nobel

31 Oct 2016
Research & Ideas

Quantitative Easing Didn’t Ease the Housing Crisis for the Neediest

more liquidity would have gone a long way” A new study takes a deep dive into the efficacy of the Fed’s quantitative easing strategy, looking at how the various rounds of QE affected “the real economy”—that is, the part of the economy... View Details

Keywords: by Carmen Nobel

Web

Law, Management and Entrepreneurship - Course Catalog

examine contemporary issues in securities law, private equity transactions and regulatory responses to complex financial instruments; Enhance understanding of the legal life cycle of a start-up including structuring and financing issues, tax considerations,... View Details

November 2000 (Revised March 2001)
Case

Yale University Investments Office: July 2000

By: Josh Lerner

David Swensen, chief investment officer at Yale University, reviews the $10 billion endowment strategy, that places an unusually heavy emphasis on private equity and other illiquid securities. Changing market conditions in July 2000 cause him to rethink historically... View Details

Keywords: Private Equity; Financial Liquidity; Investment; Strategy; Education Industry

Citation

Educators

Purchase

08 Sep 2003
Research & Ideas

A Bold Proposal for Investment Reform

as benefits from liquidity in the capital market. The benefits have been widely discussed—the costs have not. One suggestion we propose is to provide even stronger incentives for long-term investing—namely to create a much more... View Details

Keywords: by Ann Cullen; Financial Services

15 Apr 2020
News

How Sarah Kauss Built S’well

her health and really having those deep conversations, those thoughts about life—you know, you get one and what do you want to do with it?” Kauss tells host Guy Raz. In the midst of a hot day in Tuscon, AZ, Kauss reflected not only on the inability of her water bottle... View Details

29 Jul 2021
News

A Clean Start

chemical (a substance used as a building block for other chemicals) from carbon dioxide. After four months of weighing alternatives, he settled on formic acid: a commodity chemical and energy-rich electrofuel, or carbon-neutral synthetic fuel, that can be stored much... View Details

26 Nov 2019
News

Predicting Financial Market Bubbles and Crises in Real-time

creation of the Behavioral and Financial Stability Project. Researchers have conducted groundbreaking research on bank capital and liquidity management, the nature of bank runs in the modern financial system, and the unprecedented growth... View Details

Keywords: Securities, Commodities, and Other Financial Investments; Finance

22 Sep 2009
News

The Case for Regulatory Reform

overview by Treasury Secretary Timothy Geithner and Lawrence Summers, director of the National Economic Council, in the June 15 Washington Post. Among other things, the proposed reforms will raise capital and liquidity requirements for... View Details

Keywords: Roger Thompson; Colleges, Universities, and Professional Schools; Educational Services; Government

01 Sep 2014
News

In My Humble Opinion: Terry Virts (GMP 11, 2011)

equipment can be noisy. Something he’ll miss: Showers. Damp, soapy towels are the best available option for getting clean. Favorite space meal: Lasagna. Salt, pepper, and other spices are in liquid form to eliminate the problem of... View Details

Keywords: Julia Hanna

Publications