Publications

2019
Chapter

Behavioral Economics and Health-Care Markets

By: Amitabh Chandra, Benjamin Handel and Joshua Schwartzstein

This chapter summarizes research in behavioral health economics, focusing on insurance markets and product markets in health care. We argue that the prevalence of choice difficulties and biases leading to mistakes in these markets establish a special place for them in... View Details

Keywords: Behavioral Economics; Consumer Behavior; Economics; Health Care and Treatment; Insurance; Markets

December 1992
Article

Oligopolistic Pricing and the Effects of Aggregate Demand on Economic Activity

By: J. J. Rotemberg and Michael Woodford

Keywords: Duopoly and Oligopoly; Price; Economics

2017
Chapter

Multinational Activity in Emerging Markets: How and When Does Foreign Direct Investment Promote Growth?

By: Laura Alfaro

Among the prominent economic trends in recent decades is the exponential increase in flows of goods and capital driven by technological progress and a falling number of restrictions. A key driver of this phenomenon has been the cross-border production, foreign... View Details

Keywords: Multinational Activity; Growth; Spillovers; Complementarities; Foreign Direct Investment; Emerging Markets; Growth and Development; Multinational Firms and Management

10 Oct 2003
Other Presentation

Regional Competitiveness in the Berkshire Region

Keywords: Economics; Growth and Development

2021
Article

Cluster Presence and Economic Performance: A New Look Based on European Data

By: Christian H.M. Ketels and Sergiy Protsiv

This paper takes a fresh empirical look at how cluster presence matters for economic performance. It analyses a new data set developed for the European Cluster Observatory to assess the impact of clusters on industry-level wages and regional prosperity. It is found... View Details

Keywords: Cluster; Economic Geography; Prosperity; Economic Performance; Wages; Economy; Europe

18 May 2009
Other Presentation

Regional Competitiveness in a Global Economy: A Small Business Led Economic Strategy for America

This presentation draws on ideas from Professor Porter's articles and books, in particular, The Competitive Advantage of Nations (The Free Press, 1990), "Building the Microeconomic Foundations of Competitiveness," in The Global Competitiveness Report 2007/08 (World... View Details

Keywords: Economics; United States

November 1996
Article

Imperfect Competition and the Effects of Energy Price Increases on Economic Activity

By: Julio J. Rotemberg and Michael Woodford

Keywords: Competition; Price; Energy

Article

Effect of Different Financial Incentive Structures on Promoting Physical Activity Among Adults: A Randomized Clinical Trial

By: Chethan Bachireddy, Andrew Joung, Leslie K. John, Francesca Gino, Bradford Tuckfield, Luca Foschini and Katherine L. Milkman

Importance: Few adults engage in recommended levels of physical activity. Financial incentives can promote physical activity, but little is known about how their structure influences their effectiveness; for example, whether incentives are more effective if they are... View Details

Keywords: Physical Activity; Financial Incentives; Motivation and Incentives; Money

13 Nov 2006
Other Presentation

Clusters and Economic Development: Towards a New Model for Regions and Inner Cities

Presentation delivered at the Brownfields Conference, Boston, MA. View Details

Keywords: Economics; Growth and Development; Society; United States

Web

Global Activities 2020

Global Activities 2019–2020 Deepening the global understanding of HBS students, faculty, staff, and alumni has long been a key component of the School’s efforts to fulfill its mission—to educate leaders who make a difference in the world.... View Details

May 2025
Article

Transaction Cost Economics in the Digital Economy: A Research Agenda

By: Frank Nagle, Robert Seamans and Steve Tadelis

Transaction cost economics theory explains when it is more efficient for a transaction between two parties to occur across the market or within an organization. How does transaction cost economics apply in the digital economy, which relies on digital transactions? In... View Details

Keywords: Transaction Cost Economics; Digital Economy; Economics; Cost; Markets; Research; Digital Transformation

Web

Global Activities 2020-2021 - Global Activities 2021

Global Activities 2021 REPORT In a year shaped by the pandemic, Harvard Business School’s global presence has enabled the School to be at the forefront of the study of emerging trends. Faculty members draw on the resources and expertise... View Details

April 2015 (Revised October 2019)
Case

The Great Divergence: Europe and Modern Economic Growth

By: Sophus A. Reinert

The continent of Europe seemed in the spring of 2015 to be in a weaker position relative to other world regions than it had in centuries. Though comparatively small, it had long played a disproportionate role in world history, to the extent that the modern world system... View Details

Keywords: The Great Divergence; Modern Economic Growth; Empire; Disruption; Economic Growth; Values and Beliefs; History; Globalization; Europe

Educators

23 Sep 2017
Working Paper Summaries

Nowcasting the Local Economy: Using Yelp Data to Measure Economic Activity at Scale

Keywords: by Edward L. Glaeser, Hyunjin Kim, and Michael Luca

The Rate and Direction of Inventive Activity Revisited (National Bureau of Economic Research Conference Report)

While the importance of innovation to economic development is widely understood, the conditions conducive to it remain the focus of much attention. This volume offers new theoretical and empirical contributions to fundamental questions relating to the economics of... View Details

30 Sep 2003
Other Presentation

Massachusetts Regional Competitiveness Councils: Regional Competitiveness Profiles Northeast, Southeast, and Cape & Island Regions

Keywords: Economics; Growth and Development

2023
Chapter

Economic Globalization and Populism in Latin America and Beyond

By: Paula Rettl

Both populism and economic globalization have been on the rise in the last decades, motivating increasing scholarly attention to the phenomena and their relationship (see Rodrik 2021 for a recent review). However, the relationship between populism and economic... View Details

Keywords: Populism; Economic Globalization; Latin America; Economy; Macroeconomics; Economics; Globalized Economies and Regions; Globalization; Political Elections; Government and Politics; Finance; Geographic Location; Latin America