System - Publications - Faculty & Research

14 Mar 2011
Research & Ideas

Water, Electricity, and Transportation: Preparing for the Population Boom

By 2050, the Earth's population will likely exceed 9 billion people, up 30 percent from 6.9 billion today, according to projections from both the US Census Bureau and the United Nations. What's more, the population in the world's cities is expected to increase by 3... View Details

Keywords: by Carmen Nobel

01 Aug 2008
Research & Ideas

Does Market Capitalism Have a Future?

capitalism. By market capitalism we mean a system where decisions about what to produce and at what price are made by private firms operating in free markets. We wanted to know in what ways forces within capitalism itself might create... View Details

Keywords: by Garry Emmons

01 Jun 2000
News

Flexibility Is Key to Product Development in Internet Time

investments in architectural design can facilitate a more flexible innovation process. They observed successful firms creating a modular system that could accommodate the addition of new components without affecting the core... View Details

Keywords: Judith A. Ross

15 Apr 2014
News

Bertarelli Foundation Gift Names Deans' Health & Life Sciences Challenge Prize

the world's health care system by advancing new cures and therapies, developing new ways to apply information technology, and designing new health care systems to deliver affordable health." Ernesto... View Details

Keywords: i-Lab; Harvard Medical School; Scientific Research and Development Services

01 Dec 2013
News

Faculty Opinion: Making It Better

Image by Jezper by Regina E. Herzlinger Health care now represents some 18 percent of the American economy. With its costs continuing to rise, and with tens of millions uninsured, we in the United States are understandably preoccupied with our own View Details

Keywords: Herzlinger, Regina; Colleges, Universities, and Professional Schools; Educational Services; Ambulatory Health Care Services; Health, Social Assistance

02 Apr 2013
First Look

First Look: April 2

conduct an empirical investigation on the impact of pooling tasks and resources on throughput times in a discretionary work setting. We use an Emergency Department's (ED) patient-level data (N = 234,334) from 2007 to 2010 to test our hypotheses. We find that when the... View Details

Keywords: Sean Silverthorne

24 Apr 2014
News

Multiple generations of computing

computer-memory system modeled after the human neocortex. The first product, Grok, detects anomalies in IT systems by automatically finding complex patterns in streams of data. In reflecting on her career... View Details

12 May 2015
Blog Post

"Every Day at HBS is a Gift"

and selfless – each one thinks they were the “admissions mistake.” I love that no matter how busy they are, they’re always willing to help; the way in which the system is set up actually reinforces this: The grading View Details

Web

Managing and Innovating in Financial Services - Course Catalog

development companies and private credit funds. We will develop a framework for understanding how a credit intermediary creates value. Module 3: Payments . We will explore the payments system and the innovations taking place in that... View Details

01 Jun 2022
News

Ink: Start Small, Rise Above

by so many financial and regulatory systems that can be invisible or unexpected. If we can inspire more small businesses to stand up, identify the obstacles ahead of them, and work together to change them, then I think we could experience... View Details

Keywords: Jen McFarland Flint

22 Feb 2022
News

Q&A: The Post-Pandemic Path

In the early months of the COVID-19 pandemic in the United States, Robin Greenwood, the George Gund Professor of Finance and Banking and Anne and James F. Rothenberg Faculty Fellow, saw another catastrophe on the horizon: widespread business failure and a bankruptcy... View Details

Keywords: April White

01 Sep 2018
News

After the Fall

Ten years ago, the global financial system teetered dangerously on the edge of total collapse. What began as a subprime mortgage crisis in the United States developed into a full-blown meltdown, causing the collapse of major banks... View Details

Keywords: Jennifer Myers; illustration by Dan Bejar; Monetary Authorities-Central Bank; Finance; Securities, Commodities, and Other Financial Investments; Finance; Executive, Legislative, and Other General Government Support; Government

01 Jun 2015
News

Lessons from a Megacity

The first step in researching the public transportation system in Buenos Aires: send the private driver home. “How could we be there studying public transportation and not use it?” asks Eryn Schultz (MBA 2015). She was one of 39 students... View Details

Keywords: April White; Transit and Ground Passenger Transportation; Transportation

March 2011 (Revised May 2011)
Case

Inequality in Brazil

By: Aldo Musacchio

This case examines the evolution of inequality in Brazil in the last few years and generates two debates. First, the case discusses inequality and whether it is a problem or not for capitalist societies, in this case Brazil. Second, the case discusses some of the... View Details

Keywords: Economic Growth; Economic Systems; Policy; Government and Politics; Business and Government Relations; Poverty; Equality and Inequality; Brazil

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2009
Working Paper

Technology Innovation and Diffusion as Sources of Output and Asset Price Fluctuations

By: Diego A. Comin, Mark Gertler and Ana Maria Santacreu

We develop a model in which innovations in an economy's growth potential are an important driving force of the business cycle. The framework shares the emphasis of the recent "new shock" literature on revisions of beliefs about the future as a source of fluctuations,... View Details

Keywords: Business Cycles; Economic Growth; Asset Pricing; Technological Innovation; Mathematical Methods; System Shocks; Technology Adoption

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2012
Book

A Year Up: How a Pioneering Program Teaches Young Adults Real Skills for Real Jobs--With Real Success

By: Gerald Chertavian

Keywords: Personal Development and Career; Training; Equality and Inequality; Income; Competency and Skills

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2023
White Paper

The 2023 American Opportunity Index: Measuring Who Moves Ahead

By: Matthew Sigelman, Joseph B. Fuller, Nik Dawson, Alex Martin and Gad Levanon

Keywords: Equality and Inequality; Personal Development and Career; Employment; Compensation and Benefits; United States

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December 8, 2022
Article

The New China Shock: How Beijing’s Party-State Capitalism Is Changing the Global Economy

By: Margaret M. Pearson, Meg Rithmire and Kellee S. Tsai

In the wake of the global financial crisis of 2008, China began to move away from the market-based approach that had shaped its economic policies for three decades, and toward something that might be termed “party-state capitalism,” which involves a high degree of... View Details

Keywords: International Relations; Globalized Economies and Regions; Economic Systems; Trade; China

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August 29, 2022
Other Article

Income Inequality Is Rising. Are We Even Measuring It Correctly?

By: Jon M. Jachimowicz, K. Blesch and Oliver P. Hauser

Income inequality is on the rise in many countries around the world, according to the United Nations. What’s more, disparities in global income were exacerbated by the COVID-19 pandemic, with some countries facing greater economic losses than others. Policymakers... View Details

Keywords: Income Inequality; Gini Coefficient; COVID-19 Pandemic; Government Administration; Equality and Inequality; Health Pandemics; Measurement and Metrics

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January 2020
Article

Compensation Consultants and the Level, Composition, and Complexity of CEO Pay

By: Kevin J. Murphy and Tatiana Sandino

We provide fresh evidence regarding the relation between compensation consultants and CEO pay. First, firms that employ consultants have higher-paid CEOs—this result is robust to firm fixed effects and matching on economic and governance variables. Second, while this... View Details

Keywords: Consultants; Benchmarking; Incentive Pay; Executive Compensation; Complexity; Motivation and Incentives; Governance

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