Shocks - Publications - Faculty & Research

23 May 2011
Op-Ed

Leading and Lagging Countries in Contributing to a Sustainable Society

Editor's note: Please see related story, Corporate Sustainability Reporting: It's Effective. To what extent companies contribute to a sustainable society is a question increasingly important, not only to the companies themselves, but also to investors, the countries... View Details

Keywords: by Robert G. Eccles & George Serafeim

01 Jun 2025
News

Alumni Achievement Awards 2025

Edited by Julia Hanna; photographs by Susan Young Award Recipients Video MORE ON THE RECIPIENTS Read more about the 2025 recipients, and learn about past recipients. ALUMNI ACHIEVEMENT AWARDS SITE MORE ON THE RECIPIENTS Read more about the 2025 recipients, and learn... View Details

Keywords: leadership; Alumni Achievement Awards

24 Apr 2018
First Look

First Look at New Research and Ideas, April 24, 2018

shocks that disfavored what had been a successful growth model. Finally, scholars have also stated that exceptionalism is a consequence of poor policy choices, in particular a tendency towards state intervention and isolationism. Next, we... View Details

Keywords: Sean Silverthorne

07 May 2013
First Look

First Look: May 7

exhibit quantitatively similar degrees of time variation. We estimate a systematic liquidity premium in U.S. inflation-indexed yields over nominal yields, which declined from 100 bps in 1999 to 30 bps in 2005 and spiked to over 150 bps during the crisis 2008-2009. We... View Details

Keywords: Carmen Nobel

27 Dec 2010
Research & Ideas

HBS Faculty on 2010’s Biggest Business Developments

where I sit as an economist, it's still all about the economy and the long-term impact of the problems laid bare by the Great Recession. During the financial crisis, the world came to the apparently shocking realization that debt... View Details

Keywords: by Staff

10 May 2022
News

Alumni Achievement Awards 2022

opened my eyes to what one could do.” Straight shooter: “My first assignment at Xerox was to help take the company into China. When the chairman announced in the press what we were doing, I chastised him and said that was not something he should have done. Everyone was... View Details

08 Jul 2021
Blog Post

Catching the Entrepreneurship Bug at HBS

me. Slowly but surely though, at HBS I started to get the entrepreneurship bug. I’d be sitting in class thinking about the decisions I would make in the case protagonist’s shoes and realize with total shock that I would want to be in that... View Details

01 Oct 2002
News

Banishing Balkan Ghosts

three years' service in Poland and Russia as a top-level advisor to those countries' market-oriented reformers. Sachs's methods are often called “shock treatment,” but Djelic begs to differ. “It's not shock treatment,” he declares. “It's... View Details

Keywords: Garry Emmons

05 Oct 2015
Research & Ideas

What Companies Should Not Do in the Next Banking Crisis

to the short-term ones.” Steinwender points out that their findings only apply to companies in the wake of a financial crisis brought on by a banking crash—and don’t necessarily apply to crises brought on by demand shock or currency... View Details

Keywords: by Michael Blanding; Banking

12 Sep 2017
First Look

First Look at New Research and Ideas, September 12, 2017

sovereign-debt models, asset-valuation effects occasioned by currency fluctuations act to absorb global shocks and render consumption smoother. Countries do not accumulate reserves to be depleted in “bad” times. Instead, issuing domestic... View Details

Keywords: Carmen Nobel

29 May 2020
Op-Ed

How Leaders Are Fighting Food Insecurity on Three Continents

COVID-19 is creating unprecedented strains on food security worldwide. The United Nations' World Food Programme warns that the pandemic could almost double the number of people facing food crises in low- and middle-income populations to 265 million by the end of 2020.... View Details

Keywords: by Howard Stevenson and Shirley Spence; Agriculture & Agribusiness

18 Apr 2017
First Look

First Look at New Ideas, April 18

argue that the puzzling combination of high-frequency excess sensitivity and low-frequency decoupling between short- and long-term rates can be understood using a model in which (i) shocks to short-term interest rates lead to a rise in... View Details

Keywords: by Sean Silverthorne

17 Jun 2013
Research & Ideas

Advertising Symbiosis: The Key to Viral Videos

It probably won't shock you that the most popular YouTube video in the past month was "Gentleman," the latest hit from South Korean rapper PSY, whose "Gangnam Style" is the most-watched video of all time. More surprising: among the other... View Details

Keywords: by Carmen Nobel; Advertising

22 Jun 2010
First Look

First Look: June 22

they evolved in response to macroeconomic shocks that affected the Brazilian economy during this period. Download the paper: http://www.hbs.edu/research/pdf/10-109.pdf The Mirroring Hypothesis: Theory, Evidence and Exceptions (revised)... View Details

Keywords: Martha Lagace

30 Mar 2009
Research & Ideas

Professional Networks in China and America

shock and frustration. For instance, Chinese business people may allow personal considerations to be factored into financial decisions and while that may be construed as corrupt in the eyes of the Westerners, that's certainly not so in... View Details

Keywords: by Sean Silverthorne

03 Jul 2018
First Look

New Research and Ideas, July 3, 2018

assumptions that countries can accumulate reserves and borrow internationally using their own currency. As opposed to traditional sovereign-debt models, asset-valuation effects occasioned by currency fluctuations act to absorb global View Details

Keywords: Dina Gerdeman

10 Apr 2006
Research & Ideas

American Auto’s Troubled Road

Can it be corrected, and does it matter if it can't? Car Trouble Every novice driver is instructed to beware of "blind spots" in which overtaking cars advance unseen. It's a lesson American carmakers apparently forgot. "For the six decades preceding the... View Details

Keywords: by Garry Emmons; Manufacturing; Transportation; Auto

Web

Global Activities 2020-2021 - Global Activities 2021

Nigeria, saw how Ebola ravaged West Africa from 2014 to 2016, which prompted her to think about how she could have an impact in Africa when macro shocks occurred. The crisis led her to HBS and the Harvard Kennedy School—the first steps on... View Details

30 Apr 2019
First Look

New Research and Ideas, April 30, 2019

of home buyers, investors, and regulators. Using the latest research in psychology and behavioral economics, they present a new theory of belief formation that explains why the financial crisis came as such a shock to so many people—and... View Details