Currencies - Publications - Faculty & Research

11 Dec 2018
First Look

New Research and Ideas, December 11, 2018

launch a new blockchain currency to facilitate financial services for unbanked and underbanked customers in emerging markets via their smartphone. Santos had to decide whether to go forward with the new plan despite regulatory risk,... View Details

Keywords: Dina Gerdeman

03 Oct 2013
Research & Ideas

Lehman Brothers Plus Five: Have We Learned from Our Mistakes?

tools to deal with asset bubbles after they form, and no regulator wants to act promptly and spoil the fun. Thus the need to avoid them. No one really knows what the future entails during the Great Unwind. We do know that most likely we will continue to debase our... View Details

Keywords: Re: Multiple Faculty; Banking; Financial Services; Construction; Real Estate

19 Mar 2006
Research & Ideas

Unlocking Your Investment Capital

with other derivatives. Those will continue to occur. However, I believe that the benefits of using CDS will dwarf the costs of mistakes, just as has been the case for interest rate, equity, and currency derivative contracts. As we know,... View Details

Keywords: by Ann Cullen; Financial Services

01 Jun 2007
News

Up from the Ashes

still thriving today. “Business strategy” and “corporate strategy” have gained extremely wide currency not only in the business press but in popular media as well. Numerous consulting firms specialize in strategy, and all business schools... View Details

Keywords: Colleges, Universities, and Professional Schools; Educational Services

02 Jun 2011
What Do You Think?

Is it Time for a National Bankruptcy?

the situation that must be rectified." Kapil Kumar Sopory cited his concern that insolvency would further exacerbate inequality, expressing the fear that "This is going to lead to revolutions in the long run." Tom Dolembo added, "Dissolving a View Details

Keywords: by Jim Heskett

02 May 2008
What Do You Think?

What is the Future of State Capitalism?

the success of currencies in markets in which they invest? Or, alternatively, will the situation take care of itself as a new equilibrium reoccurs when those managing huge pools of money and gigantic corporations succumb to inefficiencies... View Details

Keywords: by Jim Heskett

30 Apr 2001
Research & Ideas

Big Companies, Big Opportunities—Big Questions

regional and local customers. Still, P&G has seen its share of tough times in Latin America. For example, the company had surpassed $1 billion in sales in Mexico in 1993. But after the currency devaluation in 1994, it lost $400... View Details

Keywords: by Julie Jette

Web

Buy Now, Pay Later: Research Links - Secondary Resources

Press, 1945). Clark, Christopher. The Roots of Rural Capitalism: Western Massachusetts, 1780-1860 (Ithaca: Cornell University Press, 1990). Ernst, Joseph Albert. Money and Politics in America, 1755-1775: A Study in the Currency Act of... View Details

01 Feb 2011
First Look

First Look: Feb. 1

sustainability and identify organization design and leadership characteristics of differentiating and integrating that can more effectively support seemingly contradictory strategies. The Euro as a Reserve Currency for Global Investors... View Details

December 2010 (Revised March 2011)
Case

The Euro in Crisis: Decision Time at the European Central Bank

By: J. Gunnar Trumbull, Dante Roscini and Diane Choi

This case traces the origins and evolution of the European Central Bank, with attention to its 2010 decision concerning the purchase of Greek sovereign debt. View Details

Keywords: Financial Crisis; Borrowing and Debt; Currency; Central Banking; Financial Management; Sovereign Finance; Policy; Crisis Management; Europe; Greece

Citation

Educators

Purchase

27 Jan 2015
First Look

First Look: January 27

The Effect of Service Quality and Competition on Demand By: Balasubramanian, Karthik, and David F. Drake Abstract—The use of electronic money transfer through cellular networks ("mobile money") is rapidly increasing in the developing world. The resulting... View Details

Keywords: Sean Silverthorne

09 Apr 2019
First Look

New Research and Ideas, April 9, 2019

was a proprietary managerial accounting system based on Will, a currency that enabled internal market transactions. At DISCO, every hour of labor and every good was associated with a price in Will. Employees were expected to act like... View Details

Keywords: Dina Gerdeman

17 Jul 2023
Blog Post

From the Panelists: Toward a Decarbonized Future: Who Pays? Who Profits?

Indonesia and Nigeria, along with India – could well obliterate all the progress in greenhouse gas emission reductions produced in the global north. Sinha cited three main risks that have choked the financing of green transition projects in his and other developing... View Details

11 Oct 2016
First Look

October 11, 2016

the payroll tax assessed on the self-employed, the median lifetime after-tax earnings gap between self-employment and paid work is approximately zero. Download working paper: https://www.hbs.edu/faculty/Pages/item.aspx?num=51676 Sovereign Risk, View Details

Keywords: Sean Silverthorne

10 Nov 2008
Research Event

Social Media Leads the Future of Technology

number of which offer Internet access. What these statistics suggest is that "the most precious currency today is information," said panelist Jim Breyer, an early investor in Facebook and a director of Wal-Mart Stores.... View Details

Keywords: by Martha Lagace

10 Jun 2008
First Look

First Look: June 10, 2008

Working PapersAccounting Information as Political Currency Authors:Karthik Ramanna and Sugata Roychowdhury Abstract We test whether accounting can be used as political currency. Our setting is the US congressional election of 2004,... View Details

Keywords: Martha Lagace

02 Mar 2017
What Do You Think?

Is China About to Overtake the US for World Trade Leadership?

practices in the world’s largest economy. Since then, labor costs in China have risen to the point where a great deal of the original kind of manufacturing performed there has moved to lower-cost countries. Currency manipulation is... View Details

Keywords: by James Heskett

01 Dec 2002
News

Mary Callahan Erdoes

of fixed-income instruments, a variety of currency investments, and other kinds of commodity-like investments. People will be looking for portfolios that will get them through several years of market uncertainty. Are you already seeing... View Details

Keywords: Deborah Blagg

January 1989 (Revised September 1995)
Case

MSDI-Alcala de Henares, Spain

By: Timothy A. Luehrman

Merck & Co., Inc. is evaluating a proposed cost-saving investment by its Spanish subsidiary. The case introduces techniques of discounted cash flow valuation analysis in a multicurrency setting. Can be used to teach basic international parity conditions as they relate... View Details

Keywords: Business Subsidiaries; Cash Flow; Cost Management; Currency; Investment; Management Analysis, Tools, and Techniques; Valuation; Spain