Welfare - Publications - Faculty & Research

07 Apr 2009
First Look

First Look: April 7, 2009

would have otherwise been undertaken at home. These two tempting claims are found to have limited, if any, systematic support. Instead, modern welfare norms that capture the nature of multinational firm activity recommend a move toward... View Details

Keywords: Martha Lagace

July 2005 (Revised December 2006)
Case

Japan: Deficits, Demography, and Deflation

By: Richard H.K. Vietor

By 2005, Japan's debt had risen to 163% of GDP. For more than a decade, the government had run huge deficits, trying unsuccessfully to stimulate economic growth. Interest rates, meanwhile, had been zero for years. But with slow growth and banks in crisis, nothing had... View Details

Keywords: Economy; Economic Growth; Demographics; Financial Condition; Inflation and Deflation; Banks and Banking; Borrowing and Debt; Macroeconomics; Policy; Government and Politics; Welfare; Health Care and Treatment; Japan

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13 Aug 2020
Research & Ideas

6 Ways to Support COVID-Weary Employees

accommodations to protect the health and welfare of their employees. "Employers should maintain an open dialogue with all employees to accurately assess which workers are vulnerable and what accommodations would best suit their specific... View Details

Keywords: by Dina Gerdeman

29 Jan 2013
First Look

First Look: Jan. 29

average and 23% on high earners; if the intertemporal elasticity is two, optimal rates fall to 0.6% on average and 1.6% on high earners. Nevertheless, in all cases that we consider, the welfare gains of using optimal capital taxes are... View Details

Keywords: Sean Silverthorne

26 Jan 2010
First Look

First Look: Jan. 26

When participation costs are large relative to the volume of traffic an ad platform can offer, an advertiser may forego use of an ad platform that the advertiser otherwise finds profitable. Mergers between ad platforms can increase advertiser View Details

Keywords: Martha Lagace

03 Nov 2015
First Look

November 3, 2015

these models, the demand curve alone can be used to make welfare statements, a fact relied on by much empirical work. There is ample evidence, though, that people misuse care for a different reason: mistakes or "behavioral... View Details

Keywords: Sean Silverthorne

15 Feb 2011
First Look

First Look: Feb. 15

platform competition may lead in a market failure: competition results in a lower quantity and lower welfare than a monopoly. We consider two applications of the model. First, the model provides a compelling argument why it is usually... View Details

Keywords: Sean Silverthorne

21 Apr 2009
First Look

First Look: April 21, 2009

depth against scope of MSP functions. Download the paper: http://www.hbs.edu/research/pdf/09-115.pdf Proprietary vs. Open Two-Sided Platforms and Social Efficiency Author:Andrei Hagiu Abstract This paper identifies a fundamental economic View Details

Keywords: Martha Lagace

December 2020 (Revised February 2021)
Teaching Note

The Tulsa Massacre and the Call for Reparations

By: Mihir A. Desai and Suzanne Antoniou

How should historic social injustices be addressed? Survivors of the 1921 Tulsa Massacre and their descendants, including Representative Regina Goodwin of Tulsa, believe they should be addressed through reparations and have consequently continued to push the government... View Details

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23 Dec 2014
First Look

First Look: December 23

quantitative implications match a range of moments not targeted in the estimation quite well. We then characterize the optimal policy path implied by the model and our estimates. Optimal policy makes heavy use of research subsidies as well as carbon taxes. We use the... View Details

Keywords: Carmen Nobel

08 Dec 2009
First Look

First Look: Dec. 8

with—and may displace—producer innovation in many parts of the economy. We argue that a transition from producer innovation to open single user and open collaborative innovation is desirable in terms of social welfare and so worthy of... View Details

Keywords: Martha Lagace

08 Jul 2008
First Look

First Look: July 8, 2008

increasing the welfare of poor people in poor countries. Nongovernmental organizations are largely staffed by altruistic employees and volunteers working towards ideological, rather than financial, ends. Their founders are often intense,... View Details

Keywords: Martha Lagace

07 Feb 2005
Research & Ideas

How “Career Imprinting” Shapes Leaders

"institutional capital." And, I was convinced that these Baxter-based social networks were instrumental not just for individuals and their ability to get their careers off to a good start, but for the welfare of their young... View Details

Keywords: by Mallory Stark

26 Mar 2013
First Look

First Look: March 26

that diverse views are well represented, and if politicians and regulators cannot be easily captured, then this shareholder-return view of political engagement is unlikely to reduce social welfare in the aggregate and thus damage the... View Details

Keywords: Sean Silverthorne

29 May 2018
First Look

New Research and Ideas, May 29, 2018

(BRFSS) data on 2.3 million U.S. respondents, and Eurobarometer data that cover multiple business cycles over four decades. This research provides a new perspective on the welfare cost of business cycles, with implications for growth... View Details

Keywords: Dina Gerdeman

22 Mar 2016
First Look

March 22, 2016

costless redistribution of arbitrarily determined unequal outcomes and prefer justifying tax progressivity based on benefit received rather than on diminishing marginal social welfare of income. These attitudes are shown to be linked to... View Details

Keywords: Sean Silverthorne

May 2017 (Revised July 2017)
Supplement

Aadhaar: From Voluntary to Mandatory

By: Tarun Khanna, Anjali Raina and Rachna Chawla

Approximately 1.1 billion residents of India (99% of the population) had a unique biometric identity—Aadhaar—by 2017. In six years, the Unique Identification Authority of India (UIDAI) had achieved an unprecedented milestone in emerging and developed markets. The... View Details

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25 May 2010
First Look

First Look: May 25

ad platform can offer, an advertiser may forego use of an ad platform that the advertiser otherwise finds profitable. Mergers between ad platforms can increase advertiser welfare if the resulting click-through rate and volume of traffic... View Details

Keywords: Martha Lagace

12 Jun 2018
First Look

New Research and Ideas, June 12, 2018

Milan in the late 1700s to recover the Academy’s ideas and the policies they informed. At the core of their preoccupations lay the often lethal tension among states, markets, and human welfare in an era when the three were becoming... View Details

Keywords: Dina Gerdeman

17 Jul 2012
First Look

First Look: July 17

decomposed welfare effects of multinational production. Download the paper: http://www.hbs.edu/research/pdf/12-111.pdf Do Prices Determine Vertical Integration? Evidence from Trade Policy Authors:Laura Alfaro, Paola Conconi, Harald... View Details

Keywords: Sean Silverthorne

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First Look: April 7, 2009

Japan: Deficits, Demography, and Deflation

6 Ways to Support COVID-Weary Employees

First Look: Jan. 29

First Look: Jan. 26

November 3, 2015

First Look: Feb. 15

First Look: April 21, 2009

The Tulsa Massacre and the Call for Reparations

First Look: December 23

First Look: Dec. 8

First Look: July 8, 2008

How “Career Imprinting” Shapes Leaders

First Look: March 26

New Research and Ideas, May 29, 2018

March 22, 2016

Aadhaar: From Voluntary to Mandatory

First Look: May 25

New Research and Ideas, June 12, 2018

First Look: July 17

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