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    Tarun Khanna

    Tarun Khanna is the Jorge Paulo Lemann Professor at the Harvard Business School. For almost three decades, he has studied entrepreneurship as a means to social and economic development in emerging markets. At HBS since 1993, after obtaining degrees from Princeton... View Details

    • Research Summary

    Choice, Rationality and Welfare Measurement

    By: Jerry R. Green
    For the past century, economists have used the hypothesis that individual choice is based on rationality in their calculations of individual and collective welfare. The central ideas are that actual market choice reveal underlying preferences, and with a good set of... View Details
    • 03 Jun 2008
    • First Look

    First Look: June 3, 2008

      Working PapersAccountability and Inequality in Single-Party Regimes: A Comparative Analysis of Vietnam and China Authors:Regina Abrami, Edmund Malesky, and Yu Zheng Abstract Over the past two decades, no two economies have averaged more rapid View Details
    Keywords: Martha Lagace

      Celia Stafford

      Celia Stafford is a doctoral student in Health Policy (Management). She received a B.A. in Mathematics and Economics from Emory University in 2017 and an MPH focused in Biostatistics from the University of North Carolina at Chapel Hill in 2020. She is also... View Details

      • 2020
      • Working Paper

      Tech Clusters

      By: William R. Kerr and Frederic Robert-Nicoud
      Tech clusters like Silicon Valley play a central role for modern innovation, business competitiveness, and economic performance. This paper reviews what constitutes a tech cluster, how they function internally, and the degree to which policy makers can purposefully... View Details
      Keywords: Clusters; Agglomeration; Innovation; Industry Clusters; Innovation and Invention; Entrepreneurship; Patents
      Related
      • February 2014 (Revised August 2015)
      • Case

      The Estate Tax Debate

      By: Matthew Weinzierl, Katrina Flanagan and Valerie Galinskaya
      Per dollar of revenue, no tax policy generates more sound and fury than the taxation of estates. To supporters, the tax is a break on the concentration of wealth and power and an easy way to fund redistribution. To opponents, the tax is an unjust punishment of the... View Details
      Keywords: Atkinson-Stiglitz; Optimal Capital Taxation; Bequest Motives; Taxation; Family and Family Relationships; Property
      Related
      • 03 Sep 2017
      • News

      A welfarist role for non-welfarist rules

      • January 2009
      • Background Note

      Financial Networks and Informal Banking in China: From Pawnshops to Private Equity

      By: Elisabeth Koll
      Provides an analysis of why informal financial networks and institutions still play an extremely important role in China's economy in the 21st century. Although China has emerged as one of the fastest growing economies in the world, it still suffers from a weak... View Details
      Keywords: Entrepreneurship; Private Equity; Banks and Banking; Financing and Loans; Governing Rules, Regulations, and Reforms; State Ownership; Business and Government Relations; Networks; China
      Related
      • December 2003 (Revised April 2005)
      • Case

      Birth of Modern Macroeconomic Policy, The: Sweden and the Great Depression

      By: Julio J. Rotemberg and Lisa Lewis
      By early 1937, a debate over the proper conduct of monetary policy raged in Sweden. Sweden's response to the Great Depression was unique. It had, in particular, embraced a revolutionary goal for monetary policy when it abandoned the gold standard in 1931. View Details
      Keywords: History; Money; Policy; Financial Crisis; Macroeconomics; Sweden
      Related
      • 19 Aug 2009
      • Working Paper Summaries

      Optimal Taxation in Theory and Practice

      Keywords: by N. Gregory Mankiw, Matthew Weinzierl & Danny Yagan
      • 11 Sep 2009
      • Working Paper Summaries

      Financing Constraints and Entrepreneurship

      Keywords: by William R. Kerr & Ramana Nanda
      • 10 Feb 2016
      • Working Paper Summaries

      Land Institutions and Chinese Political Economy: Institutional Complementarities and Macroeconomic Management

      Keywords: by Meg Rithmire; Public Administration; Real Estate; Financial Services
      • 25 Apr 2014
      • News

      To Pay Or Not To Pay: Argentina And The International Debt Market

      • 2015
      • Working Paper

      The U.S. Experiment with Fair Trade Laws: State Police Powers, Federal Antitrust, and the Politics of 'Fairness,' 1890-1938

      By: Laura Phillips Sawyer
      Prior to the Great Depression and President Franklin Roosevelt's New Deal programs, considerable pressure for antitrust revision came from trade associations of independent proprietors. A perhaps unlikely leader, Edna Gleason, organized California's retail pharmacists... View Details
      Keywords: Competition; Fairness; Laws and Statutes; Supply and Industry; Business and Government Relations
      Related
      • September 1991 (Revised August 1994)
      • Background Note

      Note on Pharmaceutical Industry Regulation

      By: Willis M. Emmons III
      Traces the evolution of U.S. regulatory policy towards the pharmaceutical industry over the course of the twentieth century. A major theme is the steady shift away from a policy of 'let the buyer beware' to the creation of a complex and time-consuming review process,... View Details
      Keywords: Safety; Industry Growth; Marketing; Research and Development; Health Testing and Trials; Economics; Pharmaceutical Industry; United States
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      • 2022
      • Chapter

      Capitalism and the Environment

      By: Geoffrey Jones
      Capitalism drove the environmental decimation of the planet. The environment was seen as a free good, while the consequences of dirty industrial and agricultural processes were seen as external to the firm. Public policies largely allowed this to happen, as politicians... View Details
      Keywords: History; Environment; Sustainability; Capitalism; Ethics; Business History; Environmental Sustainability; Green Technology; Pollution; Climate Change
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        Dutch Leonard

        Herman B. ("Dutch") Leonard is Eliot I. Snider and Family Professor of Business Administration at the Harvard Business School and the George F. Baker, Jr. Professor of Public Sector Management at Harvard University's John F. Kennedy School of Government. In... View Details

        Keywords: education industry; federal government; health care; nonprofit industry; state government
        • 2018
        • Working Paper

        The State of Open Source Server Software

        By: Shane Greenstein and Klaus Ackermann
        The study assembles new data to construct a census of worldwide web server use across the globe. We document a large concentration of investment in the United States, and a wide dispersion across scores of countries. We find tens of billions of dollars of unmeasured... View Details
        Keywords: Internet; Open Source; Internet and the Web; Policy; Open Source Distribution; Internet and the Web; Global Range
        Related
        • April 1995 (Revised October 1995)
        • Case

        Unemployment in France: "Priority Number One"

        By: David A. Moss
        Explores the problem of French unemployment on the eve of the presidential elections of 1995. Traces the development of social and economic policies under President Mitterrand and surveys leading explanations for the nation's mounting unemployment crisis. One major... View Details
        Keywords: Job Cuts and Outsourcing; Employment; Economics; Government and Politics; Political Elections; Social Issues; Wages; France
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          Luis M. Viceira

          Luis M. Viceira is the George E. Bates Professor in the Finance Unit  and a Research Associate at the National Bureau of Economic Research. His research, course development, and teaching focus on the areas of investment management... View Details

          Keywords: banking; education industry; financial services; nonprofit industry; retail financial services