Shocks - Publications - Faculty & Research

15 Jan 2013
First Look

First Look: January 15

dollar lending more than euro lending in response to a shock to their credit quality. Because these banks rely on wholesale dollar funding, while raising more of their euro funding through insured retail deposits, the View Details

Keywords: Sean Silverthorne

01 Sep 2009
News

Letters to the Editor

own solutions while Marty egged him on. When our classmate was finished, to the shock and amusement of the class, Marty slyly asked him if he would like to tell his conclusions directly to the CEO, whom Marty then ushered in from the... View Details

12 May 2015
Blog Post

"Every Day at HBS is a Gift"

first year and heading into the summer, but we were also shocked to realize that half of our journey was over. There was a resounding feeling of sentimentality; we were all shocked by how close we’d grown... View Details

Profile

Brendan Mosher

sufficient to end his military career. Making new plans "That was a very tough time," Brendan says, "a real shock to the next five to ten years I had planned out." As Brendan considered his options, he launched a... View Details

01 Feb 2002
News

Mary Quin: A Life-Changing Story

run to the safety of her rescuers. Four of the other tourists were killed. Quin returned home to Rochester, New York, aware that the ordeal had permanently changed her. But she thought it best to wait until some of the initial shock had... View Details

Keywords: National Security and International Affairs; Government; Publishing Industries (except Internet); Information

13 Apr 2020
Research & Ideas

Small Businesses Are Worse Off Than We Thought

in-person operations, sinking demand to near zero. Professional services businesses have fared better, but they have not been spared—just 63 percent say they could weather a four-month public health lockdown. [div class=infogram-embed... View Details

Keywords: by Kristen Senz; Financial Services

2005
Working Paper

Nominal versus Indexed Debt: A Quantitative Horse Race

By: Laura Alfaro and Fabio Kanczuk

The main arguments in favor of and against nominal and indexed debt are the incentive to default through inflation versus hedging against unforeseen shocks. We model and calibrate these arguments to assess their quantitative importance. We use a dynamic equilibrium... View Details

Keywords: Borrowing and Debt; Taxation; Risk and Uncertainty; Inflation and Deflation; System Shocks; Developing Countries and Economies; Mathematical Methods

Citation

Read Now

Person Page

Read excerpts from DENIAL

By: Richard S. Tedlow

The Edifice Complex: Denial at Sears

Book Excerpt: Denial at Sears (BusinessWeek.com, February 26, 2010)

From Denial: Why Business... View Details

06 Dec 2011
First Look

First Look: Dec. 6

corporate governance literature of the past decade has focused on identifying drivers of superior or deficient corporate governance. One of the most rigorous methodologies uses firms' reactions to industry shocks to characterize the... View Details

Keywords: Sean Silverthorne

25 Apr 2014
Research & Ideas

To Pay or Not to Pay: Argentina and the International Debt Market

crises emerges. A Shocking Idea I recommend returning to the pre-1976 world where there was absolute sovereign immunity, where each country issued sovereign debt under its own legal jurisdiction, and a creditor could not sue Argentina in... View Details

Keywords: by Laura Alfaro

04 Sep 2019
News

Action Plan: A New ’Cue

opinion of what barbecue is and how it should be made.” How would he please people across the barbecue spectrum? Corsello’s solution was bold. He and his partner Jeff Mauro, of Food Network fame, would serve “creative barbecue.” The approach View Details

Keywords: April White

September 1992 (Revised March 1998)
Case

Japan Confronts an Interdependent World

By: George C. Lodge

Traces the evolution of Japan's economic strategy from 1972 to 1992. Describes the collapse of the Japanese stock market in the spring of 1992, raising the question: Is this the end of Japan's miraculous growth? To help students consider that question, the case... View Details

Keywords: Policy; Financial Markets; Information Technology; System Shocks; Borrowing and Debt; Financial Crisis; Government and Politics; Growth and Development; Situation or Environment; Japan; United States

Citation

Find at Harvard

16 Dec 2013
Blog Post

A first semester reflection

to companies; what was more of a shock was how much time I spent talking to my peers. I was blown away by how generous my fellow students were with their time. I found myself emailing complete strangers asking for 30 minutes of their... View Details

19 May 2016
Blog Post

5 Lessons from Business School

first day at HBS, our professor asked if we were “bullish” or “bearish” on the company in the case study. Having no idea what those terms meant, I had to restrain myself from getting up, giving up, and leaving the classroom out of embarrassment. After getting over that... View Details

23 Oct 2024
News

Running Man

There aren’t many people on this planet—let alone septuagenarians—who can contemplate running 50 or 100 miles at a time. But for 77-year-old Eric Spector (MBA 1972), a retired entrepreneur and CEO in the tech, consumer retail, and media sectors, running long (long,... View Details

Keywords: Christine Speer Lejeune; photos by Alison Yin

22 Sep 2016
News

Words and Pictures

chance to reflect on what she wrote 14 years ago. “I am shocked to discover how true some of the things are,” she says. “Maybe not the specifics, but the values and overall interests are still the same.” View Details

Keywords: Susan Young

20 Jun 2016
Blog Post

Exploring Cleantech at HBS

write a case on a challenge they are facing, or do a high level industry scan to explore a broader trend. Cleantech can be a risky career choice – businesses are often highly capital intensive and vulnerable to commodity prices and regulatory View Details

01 Mar 2009
News

The Case for Studying Financial History

liquidity shock because of the extent of leverage, of debt that had emerged in the system. So the lack of knowledge about financial history, in your view, contributed to the current global financial crisis? I really believe that. It’s... View Details

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

Student-Profile

Rowan Clarke

how to spend the money—in this case, on solar backup or gas-powered generators perhaps. “In addition to the tactical question of how to respond to shocks and deliver strategic economic development funding, we’re also deploying new... View Details

01 Sep 2020
News

3-Minute Briefing: Mark Mason (MBA 1995)

health crisis that has produced severe economic shocks and has shined a light on the longstanding issues around racial equality. Citi too is a very different firm than we were during the financial crisis more than a decade ago. Not only... View Details

Keywords: April White; Photo by: Michael Bucher; banking; diversity; COVID-19; leadership; African American; career advice; Finance

Publications