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  • All HBS Web  (709)
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  • Article

An Exploration of Optimal Stabilization Policy

By: N. Gregory Mankiw and Matthew C. Weinzierl
This paper examines the optimal response of monetary and fiscal policy to a decline in aggregate demand. The theoretical framework is a two-period general equilibrium model in which prices are sticky in the short-run and flexible in the long-run. Policy is evaluated by... View Details
Keywords: Fiscal Policy; Monetary Policy; Economic Models; Aggregate Demand; Demand and Consumers; Money; Mathematical Methods; Taxation; Spending; Policy; Welfare; Household; Economic Slowdown and Stagnation
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Mankiw, N. Gregory, and Matthew C. Weinzierl. "An Exploration of Optimal Stabilization Policy." Brookings Papers on Economic Activity (Spring 2011). (Also Harvard Business School Working Paper, No. 11-113, May 2011 and NBER Working Paper Series, No. 17029, May 2011.)
  • March 1989 (Revised March 1991)
  • Case

West Germany: The Search for Stability

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Goodman, John B. "West Germany: The Search for Stability." Harvard Business School Case 389-146, March 1989. (Revised March 1991.)
  • Article

The Stability of Edgeworth's Recontracting Process

By: Jerry R. Green
The core is the set of all unblocked allocations. Implicit in this definition is the idea that if an allocation is proposed which could be blocked, some coalition will form and issue a counterproposal which it can enforce. A process of successive counterproposals based... View Details
Keywords: Game Theory; Economics
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Green, Jerry R. "The Stability of Edgeworth's Recontracting Process." Econometrica 42, no. 1 (January 1974): 21–34.
  • March 2014
  • Teaching Note

Indonesia's OJK: Building Financial Stability (TN)

By: Lakshmi Iyer
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Iyer, Lakshmi. "Indonesia's OJK: Building Financial Stability (TN)." Harvard Business School Teaching Note 714-046, March 2014.
  • February 2009 (Revised August 2010)
  • Case

Saudi Arabia: Modern Reform, Enduring Stability

By: Richard H. K. Vietor and Nicole Michele Forrest
This case, along with “Dubai: Global Economy” (709-043), provides an opportunity to discuss Saudi Arabia's efforts to modernize, without really Westernizing, in sharp contrast to Dubai, a nearby Arab Emirate. As Saudi Arabia's development strategy unfolds in the past... View Details
Keywords: Development Economics; Non-Renewable Energy; Globalized Markets and Industries; Government and Politics; Growth and Development Strategy; Saudi Arabia; Dubai; Middle East
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Vietor, Richard H. K., and Nicole Michele Forrest. "Saudi Arabia: Modern Reform, Enduring Stability." Harvard Business School Case 709-042, February 2009. (Revised August 2010.)
  • April 2014 (Revised February 2015)
  • Case

Saudi Arabia: Finding Stability after the Arab Spring

By: Richard H.K. Vietor and Hilary White
In 2015, King Salman of Saudi Arabia was juggling several balls as the kingdom's new monarch. At home, there were pressures for liberalization, from women and youth, and pressures for more conservative religious observance and policy from the Muslim "ulema." His... View Details
Keywords: Economy; Policy; Balance and Stability; Change; Saudi Arabia
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Vietor, Richard H.K., and Hilary White. "Saudi Arabia: Finding Stability after the Arab Spring." Harvard Business School Case 714-053, April 2014. (Revised February 2015.)
  • Article

Stability and Competitive Equilibrium in Trading Networks

By: John William Hatfield, Scott Duke Kominers, Alexandru Nichifor, Michael Ostrovsky and Alexander Westkamp
We introduce a model in which agents in a network can trade via bilateral contracts. We find that when continuous transfers are allowed and utilities are quasi-linear, the full substitutability of preferences is sufficient to guarantee the existence of stable outcomes... View Details
Keywords: Balance and Stability; Markets
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Hatfield, John William, Scott Duke Kominers, Alexandru Nichifor, Michael Ostrovsky, and Alexander Westkamp. "Stability and Competitive Equilibrium in Trading Networks." Journal of Political Economy 121, no. 5 (October 2013): 966–1001.
  • 1989
  • Article

Financial Innovations and Stability of Capital Markets

By: Marc L Bertoneche
Keywords: Innovation and Invention; Balance and Stability; Capital; Markets
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Bertoneche, Marc L. "Financial Innovations and Stability of Capital Markets." Review of Economic Conditions in Italy (1989).
  • 2001
  • Working Paper

On the Political Economy of Temporary Stabilization Programs

By: Laura Alfaro
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Alfaro, Laura. "On the Political Economy of Temporary Stabilization Programs." Harvard Business School Working Paper, No. 01-086, June 2001.
  • 1982
  • Article

The Economics of Matching: Stability and Incentives

By: Alvin E. Roth
Keywords: Balance and Stability; Motivation and Incentives; Economics
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Roth, Alvin E. "The Economics of Matching: Stability and Incentives." Mathematics of Operations Research, no. 7 (1982): 617–628.
  • June 2005
  • Teaching Note

Turkey: Securing Stability in a Rough Neighborhood (TN)

By: Richard H.K. Vietor
Teaching Note to (9-704-005). A rewritten version of an earlier note. View Details
Keywords: Turkey; European Union
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Vietor, Richard H.K. "Turkey: Securing Stability in a Rough Neighborhood (TN)." Harvard Business School Teaching Note 705-038, June 2005.
  • August 2014 (Revised September 2014)
  • Case

Indonesia: Growth and Stability in a Global Economy

By: Lakshmi Iyer and David Lane
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Iyer, Lakshmi, and David Lane. "Indonesia: Growth and Stability in a Global Economy." Harvard Business School Case 715-002, August 2014. (Revised September 2014.)
  • February 1997 (Revised February 2002)
  • Case

Mexico (A): From Stabilized Development to Debt Crisis

By: Huw Pill
Describes the evolution of the Mexican economy from 1945 to 1982. Describes the import-substituting industrialization strategy pursued in the aftermath of World War II. Discusses briefly why this failed in the late 1960s and then analyzes the change of strategy toward... View Details
Keywords: Economy; History; Borrowing and Debt; Financial Crisis; Macroeconomics; Mexico
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Pill, Huw. "Mexico (A): From Stabilized Development to Debt Crisis." Harvard Business School Case 797-096, February 1997. (Revised February 2002.)
  • 2013
  • Article

Matching with Couples: Stability and Incentives in Large Markets

By: Fuhito Kojima, Parag A. Pathak and Alvin E. Roth
Accommodating couples has been a long-standing issue in the design of centralized labor market clearinghouses for doctors and psychologists, because couples view pairs of jobs as complements. A stable matching may not exist when couples are present. This article's main... View Details
Keywords: Market Design; Marketplace Matching; Balance and Stability; Jobs and Positions; Family and Family Relationships; Health Care and Treatment; Employment Industry; Health Industry
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Kojima, Fuhito, Parag A. Pathak, and Alvin E. Roth. "Matching with Couples: Stability and Incentives in Large Markets." Quarterly Journal of Economics 128, no. 4 (November 2013): 1585–1632.
  • 2009
  • Chapter

Organizational Design: Balancing Search and Stability in Strategic Decision Making

By: Jan Rivkin and Nicolaj Siggelkow
Managers often must make decisions that depend on decisions in other parts of the organization. These interactions create a network of interdependent choices and make strategizing difficult. In this chapter, the authors explore the intersection between organizing and... View Details
Keywords: Decision Choices and Conditions; Organizational Change and Adaptation; Organizational Design; Strategy; Balance and Stability
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Rivkin, Jan, and Nicolaj Siggelkow. "Organizational Design: Balancing Search and Stability in Strategic Decision Making." In The Network Challenge: Strategy, Profit, and Risk in an Interlinked World, edited by Paul R. Kleindorfer and Yoram Wind. Wharton School Publishing, 2009.
  • Article

Turbulent Stability of Emergent Roles: The Dualistic Nature of Self-Organizing Knowledge Co-Production

By: Ofer Arazy, Johaness Daxenberg, Hila Lifshitz - Assaf, Oded Nov and Irene Gurevych
Increasingly, new forms of organizing for knowledge production are built around self-organizing co-production community models with ambiguous role definitions. Current theories struggle to explain how high-quality knowledge is developed in these settings and how... View Details
Keywords: Wikipedia; Knowledge Production; Organizational Structure; Knowledge; Information Publishing
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Arazy, Ofer, Johaness Daxenberg, Hila Lifshitz - Assaf, Oded Nov, and Irene Gurevych. "Turbulent Stability of Emergent Roles: The Dualistic Nature of Self-Organizing Knowledge Co-Production." Information Systems Research 27, no. 4 (December 2016): 792–812.
  • Article

Money, Time, and the Stability of Consumer Preferences

By: Leonard Lee, Michelle Lee, Marco Bertini, Gal Zauberman and Dan Ariely
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Lee, Leonard, Michelle Lee, Marco Bertini, Gal Zauberman, and Dan Ariely. "Money, Time, and the Stability of Consumer Preferences." Journal of Marketing Research (JMR) 52, no. 2 (April 2015): 184–189.
  • January 2015
  • Teaching Note

Saudi Arabia: Finding Stability after the Arab Spring

By: Richard H.K. Vietor
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Vietor, Richard H.K. "Saudi Arabia: Finding Stability after the Arab Spring." Harvard Business School Teaching Note 715-033, January 2015.
  • January 1984
  • Article

Stability and Polarization of Interests in Job Matching

By: A. E. Roth
Keywords: Employment
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Roth, A. E. "Stability and Polarization of Interests in Job Matching." Econometrica 52, no. 1 (January 1984): 47–57.
  • 2009
  • Working Paper

An Ounce of Prevention: The Power of Public Risk Management in Stabilizing the Financial System

By: David A. Moss

The magnitude of the current financial crisis reflects the failure of an economic and regulatory philosophy that had proved increasingly influential in policy circles over the past three decades.

This paper suggests (1) that contrary to the prevailing wisdom,... View Details

Keywords: Financial Crisis; Financial Institutions; Governing Rules, Regulations, and Reforms; Risk Management; Business and Government Relations; Balance and Stability
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Moss, David A. "An Ounce of Prevention: The Power of Public Risk Management in Stabilizing the Financial System." Harvard Business School Working Paper, No. 09-087, January 2009.
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